New York based startup that offers EV-specific auto loans raised $18m in Seed funding led by Human Capital and Giant Ventures.
“Tenet exclusively works with sustainability and ESG-focused institutional investors and capital markets,” CEO Alex Liegl told TechCrunch. This apparently lets the startup “access cheaper cost-of-capital, which it can pass on to the end-consumer in the form of lower rates than those offered by traditional lenders.”