Lowenstein Sandler represented FINTOP Capital and JAM FINTOP as lead investors in their Series A venture capital investment in DiligentIQ, Inc., a generative AI platform that supports private market investment professionals in deal opportunity evaluation. The round raised $12 million in a two-tranche Series A round.
The funding will be used to scale DiligentIQ's team and operations as it expands its presence in private markets. It will also accelerate product innovation, expand integration, and scale go-to-market efforts.
FINTOP Capital is a venture firm focused on early-stage, B2B fintech companies. FINTOP partners invest in founders and products that change the way financial institutions, businesses, and their customers interact with money. JAM FINTOP is a joint venture between JAM Special Opportunity Ventures and FINTOP Capital; the partnership brings together bank experts and seasoned fintech entrepreneurs.
The Lowenstein team included Anthony O. Pergola, Leia K. Galasso, Laura Cicirelli, and Lauren Noval Russell.