LendOS Secures Blackstone-Led Series A to Modernize Debt Operations

LendOS, a FinTech platform modernizing corporate debt operations, has secured Series A funding led by Blackstone Innovations Investments. Illuminate Financial and Liberty City Ventures also participated in the round; the specific amount remains undisclosed. Founded in 2022, LendOS officially launched its SaaS platform in 2025. The company plans to utilize the new capital to accelerate product development and expand its go-to-market strategy. LendOS provides a platform specifically designed for the private credit market, replacing outdated legacy systems with comprehensive services including loan servicing, deal management, trade management, and document automation. Its unified, data-centric architecture supports diverse loan types and integrates seamlessly with existing client infrastructure, offering real-time visibility and auditability. Josh Herrera, President and co-founder of LendOS, stated that the lending sector, particularly private credit, has experienced rapid growth, outpacing the modernization of middle- and back-office systems. He emphasized that LendOS provides institutions with a "modern operating layer—reducing cycle times, improving controls, and freeing teams to focus on higher-value work." CEO and co-founder John Olesky noted the increasing demand from institutions for robust and reliable software, adding that the investment will enable LendOS to accelerate its product roadmap and support its expanding customer base. LendOS asserts its architecture facilitates straight-through processing, enhances accuracy, and improves workflow automation, creating an adaptable system that evolves with market dynamics.