Prath Reddy, Cfa

Co-Founder, CEO and CIO at Percent | Unlocking Private Credit

📍 New York, New York, United States🔄 Updated September 2026💼 5 investments📅 11 years investing🗓 Last invested Jun 2023𝕏 @upgrade_to_unlock
VC🌍 United States
5
Total investments
2
Early stage
1
Mid stage
0
Late stage
11y
Years active

Portfolio

5 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Investor
Jun 2023
Velvet is a closed capital network and AI lab investing at the frontier of the private market, with a shared mission to create efficient, intelligent, and connected private capital. Built for and by leading institutional allocators, family offices, and venture capitalists. The most influential people still make decisions in the dark. Our mission is to build technology that accelerates conviction and connectivity. We believe in the super intelligent investor. Velvet was built by and for the investing ecosystem to bring cutting-edge AI directly into the hands of those allocating capital. We believe access to purpose-built AI accelerates conviction, shortens cycle time, and increases liquidity across markets; to the benefit of investors, LPs, and founders alike.
Investor
Mar 2022
Daylit is an all-in-one working capital platform building the future of working capital. The company helps its customers, primarily real economy operators, take the guesswork out of when money comes in across two pillars: capital at your fingertips and actionable financial intelligence. Daylit’s AI agents are trained to analyze unstructured business data and assess credit risk, identify key supply chain risks, and surface business opportunities. Daylit, formerly Lendica, is a venture-backed fintech based in Boston and recently raised $110m across equity and debt to expand its reach and roll out AI agents for A/R.
Investor
Dec 2020
Axle Health provides scheduling and workforce management software to help home healthcare and hospice providers improve their clinician productivity. Our platform includes an analytics suite and operations dashboard for office teams, proprietary logistics algorithms to optimize scheduling, a mobile app for field staff, and a patient engagement and booking solution. We’re integrated with a wide range of EMRs, and our entire product can be customized and accessed modularly via API.
Investor
Aug 2019
InterPrice Technologies, Inc. provides a first-to-market web-based platform that empowers corporations to make financing decisions with accuracy, speed and precision. Companies can finally obtain a clear picture of their cost of capital and capital structure, specifically related to bonds, loans and interest rate hedging. The SaaS platform created by Wall Street veterans and technology experts gives corporations a comprehensive picture into the obscure capital markets, enabling finance professionals to make informed financing decisions for the betterment of their employees, customers, and shareholders
Investor
Jul 2015
ShineOn is an e-commerce platform that empowers the creation and sale of high quality, unique jewelry. We help 10,000+ digital marketers create their own products and pair each new product with a cash-efficient, on-demand supply chain. This means either zero down payment or a small deposit for each new stock of items created. ShineOn has its jewelry warehouse and Corporate Office located in Saint Petersburg, FL.
Experience · 14 entries
All (14)
Investments (5)
Founder (1)
2024
Board and Investment Committee Member
Aug 2024
Pursuit Funds was founded to provide differentiated income-oriented and defensive private niche alternative credit products to retail and institutional clients, including a flagship Interval Fund targeting the mass affluent market. Our strategy focuses on building a differentiated portfolio of uncorrelated and hard-to-access niche investments across specific niche private credit and income categories. We target capital-starved, sub-institutional markets that are overlooked by traditional lenders and larger funds.
2023
Investor
Jun 2023
Velvet is a closed capital network and AI lab investing at the frontier of the private market, with a shared mission to create efficient, intelligent, and connected private capital. Built for and by leading institutional allocators, family offices, and venture capitalists. The most influential people still make decisions in the dark. Our mission is to build technology that accelerates conviction and connectivity. We believe in the super intelligent investor. Velvet was built by and for the investing ecosystem to bring cutting-edge AI directly into the hands of those allocating capital. We believe access to purpose-built AI accelerates conviction, shortens cycle time, and increases liquidity across markets; to the benefit of investors, LPs, and founders alike.
2022
Investor
Mar 2022
Daylit is an all-in-one working capital platform building the future of working capital. The company helps its customers, primarily real economy operators, take the guesswork out of when money comes in across two pillars: capital at your fingertips and actionable financial intelligence. Daylit’s AI agents are trained to analyze unstructured business data and assess credit risk, identify key supply chain risks, and surface business opportunities. Daylit, formerly Lendica, is a venture-backed fintech based in Boston and recently raised $110m across equity and debt to expand its reach and roll out AI agents for A/R.
2020
Investor
Dec 2020
Axle Health provides scheduling and workforce management software to help home healthcare and hospice providers improve their clinician productivity. Our platform includes an analytics suite and operations dashboard for office teams, proprietary logistics algorithms to optimize scheduling, a mobile app for field staff, and a patient engagement and booking solution. We’re integrated with a wide range of EMRs, and our entire product can be customized and accessed modularly via API.
2019
Investor
Aug 2019
InterPrice Technologies, Inc. provides a first-to-market web-based platform that empowers corporations to make financing decisions with accuracy, speed and precision. Companies can finally obtain a clear picture of their cost of capital and capital structure, specifically related to bonds, loans and interest rate hedging. The SaaS platform created by Wall Street veterans and technology experts gives corporations a comprehensive picture into the obscure capital markets, enabling finance professionals to make informed financing decisions for the betterment of their employees, customers, and shareholders
Show all 14 entries ↓
Investment activity
2015–2023 · 5 investments
2015120191202012022120231
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