Tare Raises $13.25 Million to Build an End-to-End Exchange for Private Credit

{
  "signal_id": "c414e4e3-2215-1793-25ad-13c70e0a994e",
  "signal_type": "news",
  "signal_subtype": "invests_into",
  "detected_at": "2026-09-16T15:30:00+00:00",
  "company": {
    "name": "Apollo Global Management",
    "domain": "apollo.com"
  },
  "data": {
    "url": "https://www.prnewswire.com/news-releases/tare-raises-13-25-million-to-build-an-end-to-end-exchange-for-private-credit-302880497.html",
    "title": "Tare Raises $13.25 Million to Build an End-to-End Exchange for Private Credit",
    "excerpt": "BlockTower, Centrifuge, and J.P. Morgan executives raise from Blockchain Capital, Janus Henderson, and Apollo to transform the process of loan creation and distribution NEW YORK , Sept. 16, 2026 /PRNewswire/ -- Tare announced today the completion of $13.25 million in seed financing to launch a unified system for originating, managing, and financing credit assets. The financing was led by Blockchain Capital, with participation from Strobe Ventures, Janus Henderson, Apollo Global Management, The Venture Dept, Neoclassic Capital, and the Avalanche Foundation. Additional support came from Stani Kulechov, CEO of Aave; Phil Potter, co-founder of Tether ; Henri Stern, CEO of Privy; Nik Milanovic, CEO of This Week in Fintech and Stablecon; and Mark Phillips, co-founder of Steakhouse Financial, among others. Asset Backed Finance (ABF) is a pillar of private credit portfolios, with the U.S. TAM (total addressable market) alone estimated at between $6 to $8 trillion dollars . Investors rely on timely and accurate data to manage risk , yet recent AIMA studies found that 69% of asset managers lack sufficient data management capabilities. The result is slower execution and higher operating costs, limiting how efficiently capital can move through the credit market. Tare connects asset originators and investors through a shared asset ledger, enabling buyers and sellers to source opportunities...",
    "summary": "Apollo Global Management participated in a $13.25 million seed financing round for Tare.",
    "location": "New York, USA",
    "planning": false,
    "confidence": 0.8,
    "published_at": "2026-09-16T15:30:00Z",
    "location_data": [
      {
        "city": "New York",
        "state": "New York",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "effective_date": "2026-09-16",
    "article_sentence": "The financing was led by Blockchain Capital, with participation from Strobe Ventures, Janus Henderson, Apollo Global Management, The Venture Dept, Neoclassic Capital, and the Avalanche Foundation.",
    "amount_normalized": 13250000,
    "financing_type_tags": [
      "equity",
      "seed"
    ],
    "related_company_name": "Tare",
    "related_company_domain": "tare.ai",
    "financing_type_normalized": "seed"
  }
}

curl https://signals.autobound.ai/v1/signals/c414e4e3-2215-1793-25ad-13c70e0a994e \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"apollo.com","limit":20}'