Pagaya Announces $102 Million Series D Funding Round

Pagaya, a global financial technology company using artificial intelligence (AI) to reshape asset management and institutional investment, today announced a $102 million Series D funding round led by a prominent strategic financial institution. Aflac Global Ventures (the venture capital holding company of top insurance firm, Aflac Incorporated), Poalim Capital Markets (the investment banking arm of Bank Hapoalim), Viola, Oak HC/FT, Harvey Golub (Pagaya board member and former Chairman and CEO of American Express), Clal Insurance Ltd., GF Investments, and Siam Commercial Bank (through its Digital Ventures arm) participated in the round.

In the four years since launching, Pagaya has grown to manage over $1.6 billion of assets for banks, insurance companies, pensions funds, asset managers, and sovereign wealth funds entirely with its sophisticated AI.