Pagaya

company

About

Pagaya enables financial institutions to expand access to more customers through its artificial intelligence network.

  • 501 - 1000

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$75M
Industries
Artificial Intelligence,Big Data,FinTech,Machine Learning
Founded date
Jan 1, 2016
Number Of Employee
501 - 1000
Operating Status
Active

Pagaya Investments (Pagaya) is a financial technology company reshaping the asset management space using machine learning and big data analytics to manage institutional money. With a focus on fixed income and alternative credit, Pagaya offers a variety of discretionary funds to institutional investors including pension funds, insurance companies, and banks. Pagaya’s unique technology platform — Pagaya Pulse — runs on a suite of artificial intelligence technologies and state-of-the-art algorithms to deliver a consistently high and scalable performance edge.

The company was founded in 2016 by seasoned finance and technology professionals with offices in New York and Tel Aviv.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$291M
Pagaya has raised a total of $291M in funding over 2 rounds. Their latest funding was raised on Apr 14, 2023 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 14, 2023 Post-IPO Equity $75M 1 Oak HC/FT Detail
Jun 17, 2020 Series D $102M 2 Detail
Apr 3, 2019 Series C $25M 1 Oak HC/FT Detail
Aug 30, 2018 Series B $14M 1 Oak HC/FT Detail
Feb 27, 2018 Debt Financing $75M 1 Citi Detail

Investors

Number of Lead Investors
Number of Investors
4
3
Pagaya is funded by 3 investors. Oak HC/FT and Citi are the most recent investors.
Investor Name Lead Investor Funding Round
Oak HC/FT Yes Post-IPO Equity
Citi Yes Debt Financing
Bank Hapoalim Series D