CARDO AI Secures $15M in Series A Funding to Revolutionize Structured Finance Market

We are thrilled to announce that CARDO AI has successfully raised $15 million in our latest funding round. Since our inception in 2018, we have been on a mission to revolutionize the structured finance market through cutting-edge artificial intelligence and data analysis. With our innovative technology, we empower banks, asset managers, and servicers to increase efficiency, reduce errors, and significantly lower costs associated with financial transactions. To date, our platform has facilitated the management of over €24 billion in diverse loans across 42+ countries, seamlessly integrating and standardizing data from a vast network of financial entities. The funds raised will be strategically allocated towards enhancing our AI capabilities and expanding our product offerings, enabling us to provide even greater value to our clients while fostering transparency in financial processes. This investment will also support our ongoing initiatives to penetrate new markets and scale our operations globally. As we embark on this exciting phase of growth, we remain committed to our core values of efficiency and accessibility in structured finance, striving to create a frictionless experience for all stakeholders involved. We are grateful for the continued support from our investors and look forward to leveraging this funding to drive our vision forward and further transform the fintech landscape. Stay tuned for more updates as we embark on this journey to make structured finance more accessible to everyone.