Diligence memo · auto-generated · as of July 2, 2026
Apollo Asset Backed Credit Co LLC
Apollo Asset Backed Credit Co LLC has raised $1.6B over 3 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Apollo Asset Backed Credit Co LLC operates in Insurance, based in NEW YORK. Apollo Asset Backed Credit Company (“ABC”) is a semi liquid, turnkey solution that can provide investors access to high-quality, asset backed instruments across a diverse range of sectors; specifically, providing yield in excess of publicly traded credit of comparable quality.
Sub-sector tags: ai/ml, insurance.
Capital & rounds (filed)filed
Apollo Asset Backed Credit Co LLC has raised $1.6B in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $1.6B on 2024-06-28.
Most recent recorded round closed around 2025-10-30.
Valuation (modeled)modeled
Provath models Apollo Asset Backed Credit Co LLC at approximately $4.3M (range $3.4M–$4.9M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 5 months.
Last raise 8 mo ago; this sector typically re-raises about every 12 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 3.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 100% of Insurance peers (146 compared).
Modeled value ranks above 72% of those peers.
Closest niche peers: Apollo Infrastructure Co LLC.
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.