Transcend Raises $10M in Series A Funding


Transcend, a NYC-based provider of business optimization solutions for financial firms, closed a $10m Series A financing.

The round was led by Nyca Partners.

The company intends to use the funds to scale product and sales infrastructure. 

Led by Bimal Kadikar, CEO, Transcend is a provider of optimization solutions for collateralized businesses to a growing roster of banks and other financial institutions. The scalable technology works with a firm’s existing infrastructure to address specific business-level or enterprise-wide challenges.

The company has more than 75 employees globally.



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