NEW YORK, Sept. 16, 2026
Executive Summary
Tare has completed $13.25 million in seed financing to launch a unified system for originating, managing and financing credit assets. Led by Blockchain Capital, the round includes participation from Strobe Ventures, Janus Henderson, Apollo Global Management and other investors. Built on Avalanche, Tare combines loan origination, loan management and an investor hub into an end-to-end platform for private credit markets.
Announcement Overview
Tare stated that its new financing will support the development of a unified credit-market infrastructure connecting asset originators and investors through a shared asset ledger. The company is targeting Asset Backed Finance (ABF) within private credit, where the U.S. total addressable market is estimated at $6 trillion to $8 trillion. Its platform brings together standardized loan data, servicing and securitization, and investor workflows for sourcing, analyzing, purchasing, monitoring and selling credit assets. Tare stated that the new capital will also fund product development and hiring as it expands to more lenders and institutional investors.
Key Announcement Details
- Announcement Type: Seed Financing
- Announcing Entity: Tare
- Announcement: $13.25M Seed Financing
- Lead Investor: Blockchain Capital
- Announcement Date: Sept. 16, 2026
- Dateline: NEW YORK
- Platform: End-to-end private credit exchange
- Technology: Avalanche
- Core Applications: Loan Origination, Loan Management, Investor Hub
- Market: Private Credit / Asset Backed Finance
- U.S. ABF TAM: $6T–$8T
- Capital Purpose: Product development and hiring
- Expansion: More lenders and institutional investors
- Lending Subsidiary: Tare Credit LLC
- Lending Product: Unsecured personal loans
- Target Borrowers: U.S. borrowers
Tare Completes $13.25 Million Seed Financing
Tare announced the completion of $13.25 million in seed financing to launch a unified system for credit asset origination, management and financing.
The round was led by Blockchain Capital, with participation from:
- Strobe Ventures
- Janus Henderson
- The Venture Dept
- Neoclassic Capital
- Avalanche Foundation
The financing also received support 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.
Tare stated that the financing will support continued product development and hiring as the company expands its platform to additional lenders and institutional investors.
Private Credit and Asset Backed Finance Market
Tare stated that Asset Backed Finance (ABF) represents a significant component of private credit portfolios, with the U.S. total addressable market estimated at $6 trillion to $8 trillion.
The company also cited recent AIMA studies indicating that 69% of asset managers lack sufficient data management capabilities. Tare stated that investors depend on timely and accurate data for risk management, while gaps in data capabilities can contribute to slower execution and higher operating costs.
Against this backdrop, the company is developing infrastructure intended to connect the parties involved in credit markets through a common information layer.
Tare’s End-to-End Credit Infrastructure
Tare stated that its network connects asset originators and investors through a shared asset ledger, allowing participants to source opportunities and transact using a common record of asset information.
Built on Avalanche, the network is organized around three vertically integrated applications:
- Loan Origination System: A decisioning engine that writes standardized loan information into the shared asset registry.
- Loan Management System: An end-to-end servicing and securitization engine designed to allocate and settle funds on an ongoing basis.
- Digital Investor Hub: A platform for investors to source, analyze, purchase, monitor and sell credit assets.
The three applications cover activities across the loan lifecycle, bringing origination, servicing, financing and investor workflows into the same infrastructure.
Developer-Friendly Platform and Tare Credit
Tare stated that its platform is designed as a developer-friendly, self-serve experience for capital markets participants, with the objective of creating operational efficiencies that can lower costs and fees for borrowers.
The company is also applying the infrastructure within its own lending operation. Tare Credit LLC, its licensed consumer lending subsidiary, is set to begin originating unsecured personal loans to U.S. borrowers in September 2026, according to the announcement.
The subsidiary provides a regulated-market application for Tare’s infrastructure as the company develops its broader credit exchange.
Company and Investor Commentary
Kevin Miao, CEO of Tare, said:
“Credit is one of the largest markets in the world, yet the infrastructure supporting it remains fragmented and inefficient. Tare closes that gap by bringing origination, servicing, and capital markets into one unified system. Credit can move faster and with less friction when lenders and investors work from the same information, reducing the layers between the asset and the capital financing it.”
Nick Cherney, Head of Innovation at Janus Henderson, said:
“Private credit has grown enormously, but the data and settlement infrastructure behind it hasn’t kept up. Currently, investors are paying the price in terms of complexity, lack of transparency, and lower yields. We invested in Tare because the team deeply understands the problems in the existing markets, how to solve those problems with superior technology, and has a track record of execution from global financial institutions to cutting-edge blockchain innovation. We believe Tare can finally implement the promise of blockchains to drive better outcomes for all borrowers, originators, and investors”
Aleks Larsen, General Partner at Blockchain Capital, said:
“Tare is going after a generational opportunity to modernize how loan originators and investors connect, automating complex capital markets around a single source of truth. With deep experience tackling hard problems both in private credit and onchain finance, the Tare team is uniquely suited for this mission, and we’re thrilled to work closely with them as they drive towards a far more efficient and transparent credit system.”
Tare Founders Bring Private Credit, Financial Infrastructure and Digital Asset Experience
Tare was founded by Kevin Miao, Keerthi Moudgal and Lucas Vogelsang, whose backgrounds span private credit, financial infrastructure and digital assets.
- Kevin Miao previously managed a $2 billion private credit portfolio at BlockTower.
- Keerthi Moudgal led product development at J.P. Morgan’s Kinexys.
- Lucas Vogelsang founded Centrifuge, described in the announcement as a pioneer of tokenized securitizations.
Tare stated that the founding team brings experience across financial markets and blockchain-based financial infrastructure.
Expansion, Hiring and Access to the Platform
The newly raised capital will support product development and hiring as Tare expands its platform to more lenders and institutional investors.
Lenders and investors interested in originating, financing or managing credit through Tare can contact innovators@tare.io. The company also directs prospective applicants to its careers page at tare.ai/careers for open positions.
About Tare
Tare connects loan originators and investors through an end-to-end suite of tokenization applications designed to reduce the cost and complexity of credit capital-markets operations.
Its platform includes:
- Loan Origination System
- Loan Management System
- Investor Hub
Tare stated that its infrastructure is being applied in regulated financial markets through Tare Credit LLC, a licensed U.S. lender originating unsecured personal loans. The company’s stated vision is to build a next-generation credit exchange that returns value to borrowers and investors through lower costs and higher risk-adjusted returns.
Media Contact
For additional information, visit tare.ai.
Source Attribution
Source: Company announcement
