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Setpoint.io funding, valuation and investors
Funding OS and capital-markets infrastructure for asset-backed lending originators.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series B
$31M · August 2024
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$74M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series b
Investors in latest funding
Lead: 645 Ventures
Other: Andreessen Horowitz , Fifth Wall , NextView Ventures
Overview
Setpoint.io builds funding and capital-markets infrastructure for asset-backed lending originators. The platform automates warehouse line workflows, securitization processes, and balance-sheet management for proptech, consumer lending, and specialty finance companies. Founded to reduce the time originators hold assets on balance sheet, Setpoint raised a $43M Series A led by Andreessen Horowitz in December 2022 and a $31M Series B led by 645 Ventures in August 2024, with a16z, Fifth Wall, and NextView participating. Setpoint targets the operational bottleneck between loan origination and capital markets execution — what a16z describes as 'Stripe for credit.' The platform serves originators who need programmatic access to warehouse facilities and securitization pipelines.
Why Setpoint.io is interesting
Setpoint automates warehouse-line workflows for proptech and consumer lenders — a16z likens it to 'Stripe for credit' with 645 Ventures leading the B.
Product & use cases
Setpoint provides funding OS for asset-backed lending — automating warehouse lines, securitization, and capital-markets workflows for loan originators.
- Automating warehouse line draws and repayments for lending originators
- Securitization pipeline management for consumer and proptech lenders
- Reducing balance-sheet hold times between origination and capital markets
Key facts
- Series A (Dec 2022): $43M led by a16z
- Series B (Aug 2024): $31M led by 645 Ventures with a16z, Fifth Wall (Setpoint press)
- Funding OS for asset-backed lending originators
- a16z describes as 'Stripe for credit'
Funding history (newest first)
Investors in our directory
Funds linked from Setpoint.io's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Purpose-built for asset-backed lending operations vs generic treasury or banking tools. a16z 'Stripe for credit' positioning validates category creation.
Asset-backed lending infrastructure is underserved by fintech — most tools focus on origination (Blend, Upstart) or servicing, not the funding OS layer. Setpoint automates warehouse and securitization workflows that originators previously managed manually. Fifth Wall participation signals proptech lender traction.
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Traditional warehouse agents incumbent
Manual warehouse line management at banks; slow and paper-heavy.
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Loan servicing platforms adjacent
Servicing focus vs Setpoint's capital-markets and funding OS.
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Bloomberg AIM incumbent
Institutional asset management; different scale and user base.
Notable stories
- Setpoint raised $43M Series A from a16z to build 'next-generation infrastructure for asset-backed lending' — automating warehouse lines originators previously managed manually (Setpoint press, 2022).
Industries
Related funding articles
Venture Capital Tracker pieces that cover Setpoint.io's financing or category context.
FAQs about Setpoint.io
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