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Leucadia National Corporation

520 Madison Avenue, New York City, New York, 10022, US

Overview

Leucadia National Corporation is a multinational financial service firm with a concentration on asset management, and merchant banking.

Total investments
5
Lead investments
2
Investments · 12mo
0
Active investors
0
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Investment portfolio

  • dv01

    Participated · Series A · Sep 2017

    dv01 offers an end-to-end data management, reporting, and analytics platform that brings loan-level transparency to structured finance, covering consumer loans, auto, student loans, credit risk, and mortgages. The platform includes a market surveillance function and Tape Cracker, a data-wrangling tool, and dv01 also acts as a Loan Data Agent in securitizations to make individual loan data available to deal participants. Its dataset includes 75M+ loans and 600+ securitizations, representing $3.7T in lending activity. The company monetizes via bps on collateral balance paid out of deal waterfalls, bps on portfolio size, and annual contracts. Management says the business has remained resilient through the pandemic and is focused on achieving profitability while remaining capital efficient. Near-term plans include bringing two new offerings to market, rolling out new Tape Cracker features, expanding deeper into non-QM, student loans, and auto, and penetrating asset classes such as agency MBS while growing the team. Led by Founder and CEO Perry Rahbar, dv01 offers an end-to-end data management, reporting and analytics platform that provides loan-level transparency and insight into lending markets. The system has integrated data from 16 marketplace lending platforms and multiple mortgage servicers and serves over 250 institutional investors, originators, lenders and banks. In 2018 the company expanded to serve the US mortgage market, partnering with large residential mortgage investors and acting as Loan Data Agent for 10 mortgage securitizations. dv01 provides reporting and analytics on $105 billion of online lending and mortgage loans and $35 billion of securitization coverage, and will soon launch its Credit Risk Transfer Market Surveillance offering covering over $1.8 trillion of outstanding loans. The company intends to use the funds to expand its data library and invest in product innovation, including adding new SaaS offerings, securitization data and integrating third-party data. Dinkar Jetley of Pivot Investment Partners joined dv01’s board in conjunction with the funding. dv01 is a New York City–based data management, reporting and analytics platform focused on lending markets. Its core product offers data management, reporting and portfolio surveillance services to institutional investors. The company partners with Experian to augment analytics with cashflows, benchmarking and holistic borrower analysis. dv01 plans to use new funding to expand its data management, portfolio surveillance and securitization offerings into additional asset classes, including mortgages and auto. The firm has served over 150 financial institutions and provides insight into $10 billion of securitizations and more than $64 billion of online loans from originators such as Lending Club, Prosper, CommonBond, SoFi, Avant and Marlette. The company is led by founder and CEO Perry Rahbar. dv01 provides institutional investors with cloud-hosted portfolio management software that delivers real-time insight into $23.5 billion worth of marketplace loans. Its technology aggregates performance data from lenders including Lending Club, Prosper, Marlette Funding, and CommonBond and normalizes that data to simplify comparison and analysis. The platform enables investors to study individual loan performance and quickly detect issues within portfolios. dv01 has been using its recently raised capital to grow its engineering team, launch its portfolio management software, expand its securitization offering, and scale its solution. The company aims to expand into the broader $12 trillion consumer and mortgage lending markets. dv01 was founded in 2015 and is led by CEO Perry Rahbar in New York City. dv01 is an analytics platform founded by former mortgage-bond trader Perry Rahbar that analyzes consumer debt for professional investors. The company positions itself as a hub between marketplace lenders and the capital markets, transforming newly originated loans into transparent, scalable, and more liquid loan assets. dv01's product set covers the loan investment process—from due diligence to portfolio management, analytics, and investor reporting. The platform targets transparency and efficiency in the roughly $14 trillion consumer and mortgage lending markets, with particular focus on P2P lending. Financially, Soros Fund Management committed $2 million in 2015 and, according to Bloomberg, Soros and Jefferies Group LLC invested an additional $5 million via convertible notes. Key competitors named in the article include Orchard Platform and PeerIQ.

  • Upside.com

    Led · Equity · Jan 2017

    Upside.com is an online travel company created by Priceline founder Jay Walker and staffed by several former senior Priceline executives, including Scott Case, Tim Brier, and Paul Breitenbach. The platform is designed to serve business travelers by offering bundled travel deals and incentives. Headquartered in Washington, D.C., with additional facilities in Stamford, CT, and New York, NY, the company aims to leverage its leadership’s deep travel-industry experience to capture market share quickly. At launch, Bloomberg reports the company was valued at more than $200 million, reflecting high investor confidence. Upside plans to deploy its fresh capital toward product development, marketing, and scaling its operations. No operating metrics such as revenue or user numbers were disclosed in the articles. The company is positioning itself as a next-generation travel solution built on dynamic pricing and personalization technologies.

  • Linkem

    Participated · Equity · Jan 2017

    Linkem is a Rome, Italy-based provider of LTE ultrabroadband fixed wireless services operating on a dedicated nationwide 3.5 GHz spectrum. The company maintains more than 2,000 cell sites that cover 18 of Italy's 20 top metropolitan areas and serves over 400,000 subscribers. It has offices in Florence and Milan and two owned call centers in Bari and Taranto, employing over 700 people. Linkem has raised over €500m to date and received a $100m private equity investment reported in this article. The company intends to use the funds to accelerate growth and expand its LTE ultrabroadband fixed wireless network across Italy, targeting near-term coverage of 80% of households.

  • Sangart

    Led · Series G · Apr 2011

    Sangart develops investigational biopharmaceuticals designed to enhance perfusion and deliver gases to ischemic tissues. Its lead programs include MP4OX, intended to improve oxygen delivery in capillaries for severe traumatic hemorrhage, and MP4CO, intended to deliver therapeutic carbon monoxide for sickle cell crises. The company plans to use new funding to advance development of MP4OX in severe traumatic hemorrhage and MP4CO in sickle cell disease. Sangart operates from San Diego, CA and maintains a European office in London, UK. The company is led by President and CEO Brian O'Callaghan. Since its inception in 1998, Sangart has raised more than $230m in total funding.

Team

No current team members are available.