Agora Data provides an AI-driven platform that connects subprime auto lenders with capital markets, utilizing patent-pending machine learning models to predict loan performance with 99.1% accuracy. This technology enables lenders to access secure and efficient capital, facilitating responsible loan origination and portfolio growth while minimizing risk.
Funding
$295M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Subprime auto lenders face challenges in securing efficient and reliable access to capital, hindering their ability to originate loans and grow their portfolios. Traditional methods of predicting loan performance are often inaccurate, leading to increased risk and limited access to capital markets.
Solution
Agora Data provides an AI-powered platform that connects subprime auto lenders with capital markets, offering secure and efficient access to capital. The platform utilizes patent-pending machine learning models, trained on a vast dataset of subprime automotive finance, to predict loan performance. By leveraging this technology, lenders can make better decisions, originate loans responsibly, and build stronger portfolios while minimizing risk. Agora's solutions provide the scale and sophistication previously only available to large platform lenders and originators.
Target Audience
The primary customers are subprime auto lenders and financial institutions seeking efficient access to capital and improved loan portfolio management.
Features
- AgoraCapital™: Structured financing connecting loan originators with capital markets.
- AgoraTrade™: Institutional bulk sale program utilizing AI-powered modeling for higher pricing and superior execution.
- AgoraPortal™: Loan originator access and guidance to loan portfolio with granular loan-level information.
- Nuron™: AI risk, pricing, and fraud modeling system with 99.1% accuracy in predicting cash flows and cumulative net loss (CNL).
- ALTRUVO™: Structuring tool for safe and sound lending, enabling the creation of loans with lower odds of defaulting.
- Dynamic reporting and analytics for loan portfolios, providing insights into value and cash flows.