Pluto Launches an AI-Powered Lending Platform to Unlock Liquidity in Private Markets, Backed by Leading Credit Investors
Core Insights - Pluto Financial Technologies, Inc. has launched the first AI-powered lending platform specifically designed for private markets [1] - The platform is backed by notable investors including Motive Ventures, Portage, Apollo Global Management, Hamilton Lane, Tectonic Ventures, and Broadhaven Ventures [1] - Pluto has successfully raised $8.6 million in equity and has secured hundreds of millions in lending capacity [1] - The private markets are experiencing significant growth, with total assets under management (AUM) projected to increase by 1.5 times over the next five years [1]