Versana Closes $43 Million Capital Raise Led by BNP Paribas with Fitch Ventures, MassMutual Ventures, Motive Partners and Apollo Joining as Investors

Overview

NEW YORK (April 30, 2026) – Versana today announced the close of a $43 million capital raise led by BNP Paribas, with new strategic investments from Fitch Ventures, MassMutual Ventures, Motive Partners and Apollo. Existing shareholders Bank of America, Barclays, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley, U.S. Bancorp and Wells Fargo also made follow-on investments in continued support of the company's future growth. With this latest financing, Versana has raised over $125 million across multiple funding rounds, further advancing the digital transformation of the $9 trillion broadly syndicated loan (BSL) and private credit markets.

New strategic investors

Lead investor BNP Paribas has made a strategic investment in the platform, further supporting Versana's continued global expansion and growth. This investment underscores the increasing demand for modern digital infrastructure across the loan markets and reinforces Versana's position as a leading industry platform.

Fitch Ventures, the corporate venture arm of Fitch Group, a leading provider of credit ratings, market research, data and analytics, has joined Versana as a key strategic investor to help expand its product-market fit into the pre-trade, credit decision-making process valued by portfolio managers and credit analysts.

Apollo joins as a strategic investor, supporting the continued expansion of Versana's capabilities across its product suite. In addition, Apollo's participation further strengthens Versana's connectivity with the buyside and advances the digital innovation of the loan market ecosystem.

This is truly a landmark moment, reflecting clear alignment across two very similar asset classes, BSL and private credit, and the need for modern digital infrastructure and data on one centralized platform. Together, with ongoing support from our existing investors, these new commitments strengthen our global position to accelerate platform growth, product innovation and digital data expansion.Cynthia Sachs
Founding CEO, Versana

Commentary from New Investors

Versana is digitally transforming the broadly syndicated loan market at scale in the U.S. and Europe, and we look forward to working with our peers to accelerate the modernization of these global loan markets.Matthew Salvner
Head of Global Banking Americas, BNP Paribas

We see meaningful opportunity to connect our complementary datasets to provide a more comprehensive and consistent view across loan data, including books and records, terms and conditions, covenants and related commentary.Steven Miller
Managing Director, Fitch

As BSL and private credit continue to scale, the need for accurate, standardized, accessible and transparent real-time data has never been greater. Versana is well-positioned to meet this need, and we support the continued evolution of the asset class.Eric Emmons
Managing Partner, MassMutual Ventures

Improving transparency and efficiency in BSL operations is important for the entire market, and we look forward to partnering with Versana as the platform continues to grow.Jennifer Lin
Managing Director, Apollo

This capital raise underscores Versana's continued momentum to digitally modernize the global loan markets. In 2025, the company introduced its Versana Reconciliation Module and a first-of-its-kind cashless roll solution linking an amended facility to its original facility. Active facility coverage now exceeds $4.1 trillion in notional value, demonstrating Versana's progress and reinforcing its commitment to transform the investment-grade and leveraged loan markets.