Versana, a NYC-based centralized, real-time digital syndicated loan market data platform provider, closed a $26m capital raise.
Barclays was added as an investor to existing investors Bank of America, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley and Wells Fargo. In addition, Barclays joins as a subscriber and provider of its agented corporate loan data, becoming the tenth bank to commit to Versana’s next-generation platform.
The company intends to use the funds to expand globally.
Led by Founding CEO Cynthia E. Sachs, Versana is an industry-backed enterprise data and technology company innovating the syndicated loan and private credit markets. By digitally capturing agent banks’ corporate loan data on a real-time basis, the company provides transparency into global loan level details and lender portfolio positions, bringing efficiency and velocity to the entire asset class. Through its centralized platform, participants can rest assured they are accessing the loan market’s most credible source of deal information.
FinSMEs
10/09/2024