T-REX Group (T-REX), a SaaS provider supporting the asset-backed financing industry, has raised USD40 million in a Series C funding round led by Riverstone Holdings and Riverstone affiliates (Riverstone).
Existing shareholders Citi, ClearSky, Westly Group, Viola FinTech, and the Partnership Fund for New York City also particpated.
T-REX, with its support for private credit and ESG-driven investments, will become part of Riverstone’s Decarbonization Growth Equity platform.
T-REX brings together asset class expertise, critical data management capabilities, and a platform for deal structuring, cash flow modelling, scenario analysis, real-time performance tracking, and reporting. By giving institutions the modernised tools and validation they require to deploy capital, T-REX facilitates increased investment allocations into sustainable, decarbonisation-related assets.