Vidrio Financial, a New York-based financial technology platform for allocators to external managers, received a $5m revolving debt facility.
Espresso Capital provided the financing.
The company plans to use the capital to build its sales and marketing efforts and accelerate growth.
Launched in 2011 by CEO Mazen Jabban and also led by President Federico De Giorgis, Vidrio is a company providing institutional investors with a technology-enabled service for multi-asset-class portfolios.
The company’s web-based platform provides an integrated suite of front to back-office services and applications to simplify and automate the overall investment management process, providing the data management, asset transparency, and decision-support tools needed for investment insights.