1. Insights
  2. News
  3. Press Releases

Akin Advises Vista Credit Partners in $75 Million Growth Investment in RapidAI

July 31, 2023

Reading Time : 1 min
Jump to
View People Mentioned in This NewsView Related Services, Sectors, and Regions

Contact:

Jacinta O'Shea-Ramdeholl

Director of Communications

Send Email
+1 212.407.3080

Sarah Richmond

Senior Communications Manager

Send Email
+1 202.416.5150

(New York, Dallas and Houston) – Akin advised Vista Credit Partners (VCP), the credit lending arm of Vista Equity Partners, in a $75 million Series C preferred equity investment in iSchemaView, Inc. d/b/a RapidAI.

RapidAI is a global leader in developing artificial intelligence and technology workflow solutions to combat life-threatening neurovascular, cardiac and vascular diseases. VCP’s funding aims to drive platform innovation to support more disease states and go-to-market functions to accelerate growth in new regions and product verticals.

The Akin team was led by special situations, private credit & structured equity partner Ryan Cox and included partner Jon Boben and associates Josh Morry and Alexandra Babin.

More details on the transaction can be found here.

Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

# # #

Share This Insight

Related Services, Sectors, and Regions

View All
© 2024 Akin Gump Strauss Hauer & Feld LLP. All rights reserved. Attorney advertising. This document is distributed for informational use only; it does not constitute legal advice and should not be used as such. Prior results do not guarantee a similar outcome. Akin is the practicing name of Akin Gump LLP, a New York limited liability partnership authorized and regulated by the Solicitors Regulation Authority under number 267321. A list of the partners is available for inspection at Eighth Floor, Ten Bishops Square, London E1 6EG. For more information about Akin Gump LLP, Akin Gump Strauss Hauer & Feld LLP and other associated entities under which the Akin Gump network operates worldwide, please see our Legal Notices page.