TEDCO, Maryland’s economic engine for technology companies, Tuesday announced an investment of $1 million in Cerebro Capital Inc. through its State Small Business Credit Initiative (SSBCI).

Baltimore-based Cerebro Capital was started in 2017 by founder and CEO Matt Bjonerud to help middle-market companies navigate the commercial loan market, allowing for a faster, more efficient process of finding and closing loans through its patented software platform. Cerebro has grown rapidly since its inception and today works with thousands of borrowers to connect them to lenders from more than 1,500 lending institutions for credit facilities and loans.

Release date