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Ned

471 Stroudwater St, Westbrook, Maine, 04092, United States

Overview

Ned provides a white‑label cash flow lending platform that surfaces business performance throughout the lending lifecycle to improve visibility for lenders. Its end-to-end rail supports top-of-funnel prospecting through servicing and can enable a diverse suite of fixed and revenue-based repayment capital products. The platform offers customizable cash-flow scoring, underwriting tools, and servicing systems so lenders can size loans, underwrite based on revenue, and manage repayment risk. Ned targets businesses with strong fundamentals but limited traditional credit or collateral, enabling lenders to extend financing to underserved borrowers. The company plans to use new capital to accelerate technology development and deepen its cash-flow underwriting IP and servicing capabilities. Ned is backed by a group of fintech investors named in the announcement.

Total raised
$4M
Funding rounds
1
Latest round
Seed
Latest activity
Nov 2024

Industries

  • Finance
  • Financial Services
  • FinTech
  • Information Technology
  • Software
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Recent funding

  1. Seed

    Nov 2024

    $4M

Team

  • David Silverstein

    Co-founder and CEO

    LinkedIn
  • Mayur Motgi

    Co-Founder and Chief Product Officer

    LinkedIn
  • Camille Shaw-Pigeon

    Manager, Customer Growth and Strategy

    LinkedIn
  • Adrian Apodaca

    Engineering

    LinkedIn