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London-based Tranched raised $3.4M in a pre-seed funding round led by Speedinvest to enhance features for global expansion.

Nov 12, 2024about 1 year ago

Amount Raised

$3.4 Million

Round Type

seed

LondonLendingBlockchainFintechFinanceFinancial Services

Investors

Andressen HorowitzSpeedinvest

Description

Tranched, an embedded asset-based financing platform, has raised $3.4M in a pre-seed round led by Speedinvest. The funding will assist the platform in automating processes in the global securitisation industry using blockchain technology.

Company Information

Company

Tranched

Location

London, England, United Kingdom

About

Tranched is an embedded asset-based financing platform based in London. It aims to automate manual processes in the global securitisation industry using blockchain technology to increase efficiency and transparency. By simplifying access to a wider range of financing options, Tranched seeks to save time and reduce costs for lenders and financial institutions. The platform's innovative approach is geared toward supporting lenders and small businesses alike in the evolving finance landscape.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers