Experity Ventures LLC (Experity), a leading, technology-driven specialty finance investment platform focused on the litigation finance market, announced the closing of a $32.0 million corporate note financing with top-tier institutional investors. The transaction was assigned an investment grade BBB rating by a nationally recognized statistical ratings organization.  Proceeds will be used to refinance existing debt and to fund general corporate and other working capital purposes, including new originations.

Brean Capital served as the Company’s exclusive financial advisor and sole placement agent in connection with the transaction.

Through its subsidiaries and partners, Experity provides pre-settlement and medical funding solutions to claimants and medical providers across the U.S.  The Company’s comprehensive suite of solutions enables individuals with a pending lawsuit to have financial security and access to healthcare while negotiating a settlement.  Since inception, the Company has successfully funded over $380 million in aggregate to more than 65,000 clients.

Experity Founder and Chairman, Joseph Greco commented, “Experity Ventures is one of the fastest growing specialty finance platforms, focused on ligation finance, in the pre-settlement and medical funding arenas.  As our industry consolidates, we believe that access to institutional capital will continue to be a differentiator and a significant driver of corporate value.”

Experity CEO, Ryan Silverman added, “The successful closing of this transaction was made possible by Experity’s strong financial and operational performance and further strengthens our long-term capital structure.  This financing further lowers our cost of capital, while also providing the Company additional funds as we continue our strategy of disciplined growth.”


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