Workflow
Trinity Capital Inc. Provides $25 Million in Growth Capital to Wisetack
TRINTrinity Capital (TRIN) Prnewswire·2025-01-30 12:30

Core Insights - Trinity Capital Inc. has committed $25 million in growth capital to Wisetack, a leading pay-over-time platform for home services [1][3] Company Overview - Trinity Capital Inc. is an alternative asset manager focused on providing stable returns through private credit market investments, targeting growth-oriented companies [4][6] - Wisetack specializes in consumer financing for home services, allowing customers to set up pay-over-time options easily [2][5] Market Position and Growth - Wisetack has demonstrated exceptional growth, strong customer experience, and a solid position in a large market, particularly in home services [3] - The partnership with Trinity Capital is expected to accelerate Wisetack's growth and innovation in the home services market [4][5] Technology and Integration - Wisetack's platform integrates seamlessly with existing software tools used by home service businesses, facilitating the offering of financing options [2][3] - The company also has a growing presence in sectors like dental care, elective medical care, and car repair, indicating diversification [5][6]