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Avataar Ventures led a $16m Series A in CredCore.

Synopsis

Avataar Ventures, a private equity firm, led a $16m Series A in CredCore, a vertical-AI company that transforms debt capital markets for lenders and borrowers, with participation from Inspired Capital, Fitch Group and BellTower Partners. "Marrying credit and technology has historically been insurmountable. The industry is fragmented, complex, and specialized, with data that is often unavailable and inconsistent. At CredCore, we are solving this with proprietary AI models trained on $5 trillion worth of data. However, technology is just a part of the solution. Expert oversight remains indispensable to ensure precision and trust. This is where we differentiate ourselves with domain-specialists-in-the-loop," Saumil Annegiri, CredCore Co-Founder.

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