Siepe, a Dallas, TX-based provider of software and technology-enabled services for private credit and CLO managers, raised $30M in Series B funding.
The round was led by WestCap.
The company intends to use the funds to drive a multi-product roadmap, including the expansion of its AI and machine learning capabilities, and strengthen strategic partnerships.
Led by CEO and Founder Michael Pusateri, Siepe is a provider of technology and service solutions used to high-yield, private credit and alternative investment managers. Through its cloud-based platform, it offers flexible front, middle and back-office solutions to streamline workflows, scale processes, and transform data into an asset to gain perspective.
The platform also leverages technology to reduce risk, gain scalability, and provide a seamless experience for portfolio managers, traders, analysts, and operations to access their data in a centralized format.
FinSMEs
22/08/2024