FENCE TECHNOLOGY

Fence provides a software platform that acts as a facility agent for asset-backed finance. Its services cover continuous asset verification, calculation of eligibility, borrowing base and covenants, cash management and waterfall execution, and portfolio simulation and analytics. The platform connects directly to originator backends, payment service providers and third-party databases rather than relying on spreadsheet exports.

The stated customers are asset originators and capital providers such as lenders. Services can be bought as standalone modules or as a full stack. The website does not describe its pricing or revenue model. It lists ISO 27001, SOC 2 Type II and GDPR compliance, and features a case study with BBVA.

The legal entity is Fence Technology Spain SL, with an address in Madrid, Spain. The website announces a $20M Series A led by Galaxy Ventures. Open roles are listed in New York, London and Madrid, covering capital markets, partnerships and business development.

Product: Facility agency platform for asset-backed finance: continuous verification, covenant and borrowing-base calculation, cash management and portfolio analytics, sold as modules or a full stack.