T-REX
214 W 29th St, New York, NY, 10001, United States
Overview
T-REX Group, led by founder and CEO Benjamin Cohen, provides a cloud-based SaaS platform for the asset-backed financing industry from offices in New York and Tel Aviv. The platform combines big data, asset-class expertise and critical data-management capabilities to support deal structuring, cash-flow modeling, scenario analysis, real-time performance tracking and reporting. T-REX's solutions cover project finance, warehouse lending, asset-backed securities (ABS) and private credit, addressing friction at each stage of the asset lifecycle from origination through investment. By giving institutions modernized tools and validation, the company facilitates increased investment allocations into sustainable, decarbonization-related assets. Financially, T-REX raised $40m in a Series C financing in January 2022. In conjunction with the funding, Cynthia Kueppers will join the board as a Riverstone representative and the company will become part of Riverstone’s Decarbonization Growth Equity platform. T-REX provides an enterprise data management service and analytics platform that digitizes, standardizes and unifies workflow across the lifecycle of illiquid and alternative assets. Its solutions combine cloud-based SaaS technology with big data and asset-class expertise to reduce operating and capital expense, lower risk exposure, and enhance performance for complex investments. The company offers a Performance Data Service and financial analytics platform for loan and asset warehousing, structured credit, and energy project finance. T-REX positions itself as a tool to increase transparency and fiduciary responsibility while opening access to the $30 trillion alternative investments market. The new strategic growth capital is intended to accelerate expansion of its enterprise data management and analytics offerings for institutional investors, banks, and asset originators. CEO Benjamin Cohen said the funding deepens understanding of valuation and risk and positions the company to drive capital markets innovation globally. T-REX Group offers an enterprise SaaS-based analytics, risk, and portfolio management platform to help investors, asset managers, and developers finance, securitize, and manage assets. The company’s end users include Morningstar Credit Ratings and Renovate America. Founded in 2012 and led by CEO Benjamin Cohen, T-REX is based in New York, NY. The platform targets efficiency in portfolio and risk management across financial organizations. T-REX intends to use its recent funding to expand product capabilities and to scale its client development team. The company also secured board-level support as part of the financing.
- Total raised
- $50M
- Funding rounds
- 3
- Latest round
- Series C
- Latest activity
- Jan 2022
Industries
- Analytics
- Financial Exchanges
- Financial Services
- FinTech
- Renewable Energy
- SaaS
Recent funding
Series C
Jan 2022
$40M
Series B
Nov 2016
$10M