Fundz

Exela Technologies Executes Binding $150 Million Financing Commitment From Pnc Bank

PRIVATEMay 09, 2022

Round Type

Funding Round

IrvingOtherMedia And EntertainmentEvents

Description

Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), a global business process automation leader, today announced that it has executed a three-year financing commitment from PNC Bank to replace its existing securitization facility.

Quick answer

Exela raised an undisclosed amount in a Funding Round round, dated May 9, 2022. Exela is based in Irving, Texas, United States.

How much did Exela raise?
Exela raised an undisclosed amount in a Funding Round round on May 9, 2022.
What does Exela do?
Exela is a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and end-user experience.
Where is Exela based and how big is it?
Exela is based in Irving, Texas, United States.
Who are the decision-makers at Exela?
Fundz holds 1 contact at Exela. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Media And Entertainment and Events around the same time

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

  • B2Digital, Inc. raised $77K (Seed) on June 22, 2022.
  • B2Digital, Inc. raised $160K (Seed) on June 15, 2022.
  • B2Digital, Inc. raised $66K (Seed) on May 20, 2022.
  • B2Digital, Inc. raised $270K (Seed) on May 6, 2022.
  • B2Digital, Inc. raised $270K (Seed) on April 18, 2022.
  • Convene raised an undisclosed amount (Corporate Round) on April 12, 2022.

Who to call at Exela, and when

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Company Information

Company

Exela

Location

Irving, Texas, United States

About

Exela is a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and end-user experience. With decades of expertise operating mission-critical processes, Exela serves a growing roster of more than 4,000 customers throughout 50 countries, including over 60% of the Fortune ® 100. With foundational technologies spanning information management, workflow automation, and integrated communications, Exela’s software and services include multi-industry department solution suites addressing finance, accounting, human capital management, and legal management, as well as industry-specific solutions for banking, healthcare, insurance, and public sectors. Through cloud-enabled platforms, built on a configurable stack of automation modules, and over 17,500 employees operating in 23 countries, Exela rapidly deploys integrated technology and operations as an end-to-end digital journey partner.

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

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.