Lowenstein Sandler represented FINTOP Capital, JAM FINTOP, and Blackstone Innovations Investments as lead investors in the $15 million Series A funding round in Cardo AI, a next generation asset-based finance and private credit technology platform.
The funds will be used to support Cardo AI’s initiative to modernize operations in the finance and private credit market by implementing advanced portfolio modeling and collateral data management technology.
The Lowenstein deal team included Anthony O. Pergola, Matthew R. VanderGoot, Laura Cicirelli, and Spencer Kau.