Fundz

Cardo AI raised $15M in a Series A funding round co-led by Blackstone, FINTOP Capital, and JAM FINTOP to modernize asset-based finance technology.

PRIVATENov 20, 2024

Amount Raised

$15 Million

Round Type

Series A

MilanInformation TechnologySoftwareArtificial IntelligenceFintechBlockchainMachine Learning

Investors

Blackstone Innovations InvestmentsFINTOP CapitalJam Fintop

Description

Cardo AI has completed its $15 million Series A funding round to enhance its asset-based finance technology platform. The round saw participation from notable investors including Blackstone Innovations Investments, FINTOP Capital, and JAM FINTOP.

Quick answer

Cardo AI raised $15 Million in a Series A round, dated November 20, 2024. Investors: Blackstone Innovations Investments, FINTOP Capital and Jam Fintop. Cardo AI is based in Milan, Lombardy, Italy.

How much did Cardo AI raise?
Cardo AI raised $15 Million in a Series A round on November 20, 2024.
Who invested in Cardo AI?
Blackstone Innovations Investments, FINTOP Capital and Jam Fintop are named as investors in this round.
What does Cardo AI do?
Cardo AI is a next generation asset-based finance and private credit technology platform that modernizes the sector's operations with advanced portfolio modeling and collateral data management technology.
Where is Cardo AI based and how big is it?
Cardo AI is based in Milan, Lombardy, Italy. Fundz records about 105 employees.
Who are the decision-makers at Cardo AI?
Fundz holds 2 contacts at Cardo AI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Fintech and Blockchain around the same time

Companies in the same sectors as Cardo AI that raised within 45 days of this round, from Fundz verified event records.

  • Briefcase raised $2.9M (Seed) on December 4, 2024.
  • Tookey.io raised $375K (Pre-Seed) on October 25, 2024.
  • OpenGradient raised $8.5M (Seed) on October 9, 2024.
  • Jentic raised $4.1M (Pre-Seed) on January 3, 2025.
  • Apheris raised $21M (Series A) on January 2, 2025.
  • Imagoworks raised $16M (Series C) on December 31, 2024.

Who to call at Cardo AI, and when

A new round usually means Cardo AI is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Cardo AI raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Cardo AI, from your own LinkedIn network

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Company Information

Company

Cardo AI

Location

Milan, Lombardy, Italy

About

Cardo AI is a next generation asset-based finance and private credit technology platform that modernizes the sector's operations with advanced portfolio modeling and collateral data management technology. Founded in 2018, it has quickly expanded its presence throughout Europe and the U.S. The platform facilitates investment decision-making and portfolio monitoring for industry stakeholders, leveraging advanced software workflows and predictive AI algorithms. Cardo AI supports servicers, trustees, and fund administrators in streamlining operations and reducing costs.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Cardo AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Cardo AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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