Key Takeaways
- • F2, a compounding intelligence platform for private markets, raised $24 million in total equity, including a $14 million seed round led by HighlandX, with participation from Left Lane Capital, NFX, Y Combinator, and Torch Capital (per Business Wire press release).
- • The platform is deployed across more than 100 private credit funds and commercial banks, with customers including Bain Capital and Live Oak Bank, and the company reports 5x throughput gains across screening, underwriting and monitoring.
- • F2 announced a partnership with Google Gemini Enterprise giving Google's financial services customers direct access to the full F2 platform.
- • The company launched Adam, an AI deal team associate for credit underwriting and portfolio monitoring, and reports monthly active users up 650% and deals analyzed up 10x to more than 15,000 year to date.
- • The company says its multi-model architecture outperforms generic agents such as Claude Cowork on complex credit workflows by up to 60%, and that it offers zero-day LLM data retention and no training on client data.
Summary
F2, a New York-headquartered compounding intelligence platform for private markets, announced it has raised $24 million in total equity capital, including a $14 million seed round led by HighlandX. Existing investors Left Lane Capital, NFX, Y Combinator, and Torch Capital participated, according to a Business Wire release dated June 10, 2026. The new financing will fund customized deployments of agentic workflows across private credit funds and commercial banks, and expand engineering and enterprise deployment teams in New York, San Francisco, and London.
The company says it already serves customers including Bain Capital and Live Oak Bank, and dozens of other firms across North America, the UK, Europe and Asia. F2 describes its offering as end-to-end agentic workflow automation for lenders, which it says can drive 5x throughput across screening, underwriting and monitoring. The platform is built as a multi-model system leveraging Opus 4.8, ChatGPT 5.5, and Gemini 3.5 Flash, alongside proprietary Microsoft Office-native LLM tools. The company claims this architecture outperforms generic agents such as Claude Cowork on complex credit workflows by up to 60%, with up to 5x token efficiency. These performance claims are the company's own and have not been independently verified.
F2 also announced a partnership with Google Gemini Enterprise, which provides Google's financial services customers direct access to the full F2 platform. On data governance, the company states it provides zero-day data retention by LLMs and does not train models on proprietary client data. Live Oak Bank Managing Director Alex ter Wee said the tool "accelerates our turnaround times while ensuring every underwriting file meets the same high standard."
The company also launched Adam, a purpose-built AI deal team associate designed for credit underwriting and portfolio monitoring. Adam supports research, underwriting, context preservation and post-close monitoring, and when integrated with Institutional Knowledge, retains diligence inputs such as assumptions, memos, sources and decisions. F2 reports monthly active users up 650% and deals analyzed on the platform up 10x to more than 15,000 since the start of the year. Craig Driscoll, who led the HighlandX investment, said private markets are at an inflection point, and CEO Don Muir said the funding will help deploy the infrastructure across lenders.
The company says it already serves customers including Bain Capital and Live Oak Bank, and dozens of other firms across North America, the UK, Europe and Asia. F2 describes its offering as end-to-end agentic workflow automation for lenders, which it says can drive 5x throughput across screening, underwriting and monitoring. The platform is built as a multi-model system leveraging Opus 4.8, ChatGPT 5.5, and Gemini 3.5 Flash, alongside proprietary Microsoft Office-native LLM tools. The company claims this architecture outperforms generic agents such as Claude Cowork on complex credit workflows by up to 60%, with up to 5x token efficiency. These performance claims are the company's own and have not been independently verified.
F2 also announced a partnership with Google Gemini Enterprise, which provides Google's financial services customers direct access to the full F2 platform. On data governance, the company states it provides zero-day data retention by LLMs and does not train models on proprietary client data. Live Oak Bank Managing Director Alex ter Wee said the tool "accelerates our turnaround times while ensuring every underwriting file meets the same high standard."
The company also launched Adam, a purpose-built AI deal team associate designed for credit underwriting and portfolio monitoring. Adam supports research, underwriting, context preservation and post-close monitoring, and when integrated with Institutional Knowledge, retains diligence inputs such as assumptions, memos, sources and decisions. F2 reports monthly active users up 650% and deals analyzed on the platform up 10x to more than 15,000 since the start of the year. Craig Driscoll, who led the HighlandX investment, said private markets are at an inflection point, and CEO Don Muir said the funding will help deploy the infrastructure across lenders.
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