The startup offers a private share and bond issuance platform that connects fixed-income dealers with corporate borrowers, streamlining the bond issuance process through features like term sheet generation and digital settlement. This platform enhances market access and funding diversification for businesses while providing real-time status updates to improve transaction transparency.
Funding
$9.2M 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.
CACLSFounders
Product
Problem
The bond issuance process involves multiple parties across different institutions, leading to collaboration challenges and inefficiencies. Repetitive, manual data transcription wastes time, and the fixed cost of issuance remains high, limiting issuers' agility in accessing capital.
Solution
Origin provides a digital platform that connects fixed-income dealers with corporate borrowers, streamlining the bond issuance process from origination to settlement. The platform automates document drafting, including term sheets and final terms, and structures data at the point of execution, creating a single source of truth for new securities. By automating the entire process, Origin reduces the fixed cost of issuance, enabling issuers to access capital markets more efficiently. The platform also offers a marketplace to identify issuance opportunities and a new issue pricer for collaboration across DCM & Syndicate desks.
Target Audience
Origin's primary customers include issuers seeking lower funding costs and access to a global network of dealers, as well as dealers aiming to expand their client base and streamline issuance workflows.
Features
- Termsheet Wizard: Draft bond, swap, and investor termsheets for over 1,000 issuers.
- Legal Document Generator: Automatically draft final terms, subscription agreements, and confirmation letters.
- Automated Transactions: Automate transaction management with post-trade integrations, including instant ISINs and Bloomberg setup.
- Origin Intelligence: Combines LLM technology with a proprietary data layer to extract structured data from bond documentation.
- Marketplace: Identify issuance opportunities with an extensive database, advanced filtering, and cross-currency pricing.
- New Issue Pricer: Collaborate across DCM & Syndicate with automated pricing requests and access to primary and secondary levels.
- Airbrush API: Data submission via a variety of formats.