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

Tare completed a $13.25 million seed financing round to build technology intended to transform loan creation and distribution. The company is backed by investors including Blockchain Capital, Janus Henderson, and Apollo, with executives from BlockTower, Centrifuge, and J.P. Morgan involved in the venture. The funding validates institutional interest in modernizing private-credit and loan-market infrastructure, though the early-stage financing is unlikely to have broad market impact.