Fortune reported that Tare, a private credit infrastructure company, has secured $13.25 million in seed funding. The investment round was led by Blockchain Capital, with participation from Janus Henderson, Strobe Ventures, Venture Debt, Neoclassic Capital, and the Avalanche Foundation, among others. Aave CEO Stani Kulechov, Tether co-founder Phil Potter, and Privy CEO Henri Stern also participated as investors. The company's valuation was not disclosed. Tare plans to use the investment to build Avalanche-based loan management software.
