Debt Placement
September 2019
Vidrio, an award-winning financial technology platform for allocators to external managers, has received a revolving debt facility from Espresso Capital.
- Vidrio is on an aggressive path of growth and making significant investments in both its product and client acquisition initiatives
- The company plans to use the capital to build its sales and marketing efforts and accelerate growth
About Vidrio Financial
Launched in 2011, Vidrio Financial is a rapidly growing, innovative technology company providing institutional investors with the first technology-enabled service for today’s multi-asset-class portfolios. The company’s web-based platform provides an integrated suite of front to back-office services and applications to simplify and automate the overall investment management process, providing the all-important data management, asset transparency, and decision-support tools needed for superior investment insights.
About Espresso Capital
Espresso Capital has provided more than 250 early and growth-stage technology companies with founder-friendly capital since 2009. We offer flexible, interest only loans to enable entrepreneurs to grow their businesses without dilution, giving up board seats, or personal guarantees. Our mission is to keep founders in control with fast, fair, and flexible capital.
Transaction Details
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SectorsCorporate & Business Solutions
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ServiceCapital Raise
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OwnershipInvestor-Backed
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Practices
Sponsor Coverage
Sponsor Coverage
“We appreciated Espresso's revolving debt structure because it will allow us to draw down funds from our credit facility at our discretion and pay them back as we go. The team took a creative and thoughtful approach to meeting our needs, and we really appreciated that.”