Atlas Invest, a NYC-based bridge loan company, raised $11M in Funding.
The round was led by The Garage with participation from State of Mind Ventures, Anfield, Guy Gamzu, and other previous investors.
The company intends to use the funds to accelerate its expansion, further strengthening its position in the real estate-backed debt market.
Led by Roni Peled, Tal Shahar, Nir Peled, Atlas provides a proprietary AI-powered technology platform that supports precise underwriting and seamless loan processing, adding layers of risk management to an already stable asset class. Its ability to analyze thousands of data points empowers their underwriting experts to make precise, efficient decisions. This same data-driven approach supports continuous monitoring of active loans, ensuring they are closely managed at all times. Its approach minimizes borrower input and simplifies each step, creating a streamlined, risk-mitigated process that empowers Atlas to originate billions of dollars in loans each year.
FinSMEs
17/12/2024