Asset-based Credit

CoVenture Management's (CVM) Asset-based Credit Strategy focuses on esoteric, novel and “unpriced” credits originated by next-generation, technology-enabled originators 

Investment Profile
Targeting later-stage companies with strong business fundamentals and growth profiles.
$10 - $50M
Initial investment
$500M+
Ability to scale
Opportunity
The explosion of data has created the ability to originate, underwrite and price credit in markets historically ignored by traditional lenders 
Thesis
Often, many of the deals that we underwrite are similar to mature, well served asset classes but have some variance that the market does not fully understand and therefore lending to these nascent originators presents the opportunity for attractive risk-adjusted return.
Generally structured as asset-based loans targeting opportunities such as:

YouTube advertising revenue 

PropTech lending

Agriculture invoice factoring

Payroll-deduction loans

Out-of-pocket healthcare costs

Litigation Claims

Music streaming royalties

Tech enabled factoring

Digital customer acquisition finance 

Portfolio
CompanyDescriptionIndustryPartnered Year

Gravitiq

Gravitiq is an omnichannel value-acceleration platform focused on the acquisition and development of consumer healthcare brands.

Amazon 3PS Aggregator

2021

ProducePay

ProducePay is improving the supply chain for fresh produce, with the goal of placing trust at the center of every transaction. It's mission is to strengthen relationships between growers, shippers, retailers, and consumers of fresh produce.

FinTech/AgTech

2015

Acquco

Acquco is focused on building the largest e-commerce platform in the world. Founded by a team of seasoned operators, Acquco strategically acquires the best brands and accelerates their growth across Amazon, Walmart, Shopify and other e-commerce ecosystems.

Amazon 3PS Aggregator

2020

ZoomCasa

Zoom Casa empowers homeowners to buy and sell on their own terms.

Residential Real Estate, Renovations & Staging

2020

Spotter

Spotter empowers top YouTube creators to accelerate their business and unleash their full creative potential by giving them access to the knowledge, capital, community, and tools they need to succeed at scale.

AdTech / Media / Fintech / Creator Financing

2019

Constrafor

Constrafor is a fintech company that’s reshaping the construction industry. Their platform offers a robust suite of AI-powered risk management and payment solutions tailored to contractors. Through our Early Pay Program, we eliminate the pain of prolonged payment cycles, turning an industry standard of 83-day wait into just 1-2 days.

Construction Technology / Fintech

2022

Paytient

Paytient is the creator and leading provider of Health Payment Accounts (HPAs), a sponsored benefit that helps Americans more easily access and afford healthcare.

Healthcare Deductible Financing

2020

Nitra

Nitra is a software and financial services company built with healthcare in mind. We specialize in helping providers manage and optimize their business-focused workflows.

Digital Finance, Medical

2022

Tabby

Tabby creates financial freedom in the way people shop, earn and save, by reshaping their relationship with money.

FinTech

2023

The following is a list of investments made by CoVenture Management, and is for illustrative purposes only. Please note that certain investments have been omitted from this list due to confidentiality provisions. This list is as of September 30th, 2023.