Setpoint

When Setpoint began, our mission was clear: to build trust in our system of credit. Today, we’re excited to share a major milestone in that journey—raising $31 million in Series B funding, bringing our total to $76 million. Led by 645 Ventures, with strategic investments from Citi, Wells Fargo, and Andreessen Horowitz, along with support from NextView Ventures, Floating Point, Henry Kravis, Zillow founder’s 75 & Sunny, Vesta Ventures, Fifth Wall, Eltura Capital Management, and Outrunner Capital. This funding will fuel our continued innovation in asset-backed finance. Capital providers and issuers trust Setpoint to make transactions instant, error-free, and effortless. With 6x year-over-year growth since our last round, we’ll keep investing in our customers and technology. Trust and credit are the foundation of society. We’re just beginning to build a lasting product that will redefine how technology strengthens both. Thank you to our customers and partners for being part of this journey. Read the full story on Fortune: https://lnkd.in/eUQwgJQb

Big News! Setpoint has been named “Best Lending Infrastructure Platform” at the 9th Annual FinTech Breakthrough Awards! ?? This award recognizes the technologies and companies driving innovation and setting the standard for FinTech solutions worldwide. With over 4,500 nominations, this year’s competition was incredibly competitive, and we’re proud to be in great company alongside winners Brex, Mastercard, Revolut, Citi, Hopper, Xero, Experian, Capital One, Ramp and more. A huge thank you to our team, customers, investors, and partners for making this possible! Learn more about the FinTech Breakthrough Awards and other winners here: https://lnkd.in/gkEK4EjU

Pathway Homes is scaling smarter with Setpoint. As a leader in single-family residential leasing, Pathway Homes is creating more opportunities for future homeowners. By using Setpoint as Calculation Agent, they’ve streamlined funding requests, improved accuracy, and strengthened lender relationships—freeing up time to focus on their growth. ? 16x faster fundings – from a full day to just 30 minutes ? Smoother lender communications – eliminating 50-person email chains ? Automated reporting – replacing manual spreadsheets with real-time accuracy "The time savings alone are incredible,” says Kirk. “Before Setpoint, we spent a full day just resolving data errors through email chains. Now, that’s a 30-minute process. That’s a huge impact when you’re working with a short funding window.” said Cory Kirk, Head of Finance and Accounting at Pathway. ?? Watch the story and read the case study here: https://lnkd.in/eDf2YA-2

?? The Setpoint team is heading to Miami next week for the NPLA Conference. If you're attending and want to connect, let us know—we’d love to meet in person! Book time here to meet with Brent Taggart, Hafeeza Woody, Steven Kats or Jennifer Watkins: https://lnkd.in/ex362JWj

We just published the latest edition of Setpoint’s Data Tapes—our newsletter tracking key moves in private credit and asset-backed finance. This edition covers recent debt financings, platform fundraises, market commentary, and other trends shaping the space. A few highlights: ?? Recent financings: Affirm, Best Egg x Wafra, JBSL x Crestline Investors, Inc., Duetti x Truist & Viola Credit, Kilo Capital x East West Bank, Element Fleet Management x Blackstone, Fidelis Investors, Figure x Sixth Street, FTAI Aviation x ATLAS SP Partners, Mogo x Fortress Investment Group, SoFi, Sunnova Energy ?? Platform M&A: Apollo Global Management, Inc. x Bridge Investment Group, Barings x Artemis Real Estate Partners, First Eagle Investments, Redding Ridge Asset Management x Irradiant Partners, LP ?? New fundraises: 400 Capital Management LLC, DoubleLine, Eltura Capital Management, Northleaf Capital Partners ?? Market commentary from Alex Johnson (Fintech Takes), Howard Marks (Oaktree), Joel Holsinger (Ares Management Corporation), Matt Wirz (WSJ), Milwood Hobbs, Jr.(Oaktree), TJ Durkin (TPG Angelo Gordon), RCQ Associates Join 6,000+ subscribers and read the full issue here: https://lnkd.in/eudbEh3u

?? That’s a wrap on SFVegas 2025! A huge thank you to everyone we met with this week—your insights, conversations, and energy continue to push the industry forward. At Setpoint, we’re building trust in the credit system through technology, and it was incredible to connect with so many capital markets leaders who share our vision for a more efficient, transparent, and tech-driven future. If we didn’t get a chance to meet, we’d love to connect. Feel free to reach out: https://lnkd.in/eK_wPxZg ?? A few snapshots from the week:

?? Our CEO Stuart Wall wrapped up Structured Finance Association's SFVegas conference today speaking on the Next-Gen Securitization: The Tech Transformations Ahead panel, sharing how Setpoint is changing the game with machine learning-driven asset allocation. ?? His take on why traditional approaches fall short:

We’re honored to be shortlisted for “Securitization Tech Provider of the Year” at the GlobalCapital US Securitization Awards 2025!? At Setpoint, we’re building the infrastructure that powers the future of asset-backed finance—leveraging technology to build trust in our system of credit?while driving efficiency, transparency, and innovation in capital markets. This recognition is a testament to our incredible team, customers, investors, and partners who make it all possible. Cast your vote here:?https://lnkd.in/dAxaVWaj #Securitization #Fintech #AssetBackedFinance #CapitalMarkets #Setpoint

?? Since launching last July, Setpoint’s Data Tapes has become a go-to source for private credit and asset-based finance. This week, we crossed 5,000 subscribers and look forward to continuing to share the latest insights in the space. In this edition, we cover: ?? Recent financings from ALTAVAIR, Applied Digital (NASDAQ: APLD), Compass Datacenters, Driveway, LendingClub, OppFi, Pagaya, GLS Healthcare Funding Partners, LLC and more ?? New platform fundraises & acquisitions from Neuberger Berman, Antares, Oaktree Capital Management, L.P., Sixth Street + First Citizens Bank, o15 Capital Partners and others ?? Market commentary from Henry McVey (KKR), Kristofer Kraus (PIMCO), Steve McLaughlin(FT Partners), Matt Levine (Bloomberg), and more ?? Stay ahead on the latest in private credit—read & subscribe here: https://lnkd.in/e_QCxZmJ

Stuart Wall, Setpoint’s Co-Founder & CEO, is taking the stage at SFVegas next week. He’ll be joining the Next-Gen Securitization: The Transformations Ahead session hosted by the Structured Finance Association, to discuss where the industry is headed and the role of technology in shaping capital markets. ?? Wednesday, Feb. 26 ? 9:30 AM ?? Pinyon 1 Ballroom If you’re attending, don’t miss it!