Barkr and Sandbox Wealth have formed an alliance to provide Sandbox Wealth’s liquidity and lending capabilities on the Barkr platform by integrating Barkr’s AI-based asset valuation methodology.
The companies intend to provide advisory services with the integration of valuation services delivered via the Sandbox Wealth lending/lending workflow for advisors, lenders and family offices.
Sandbox Wealth is based in New York City and provides independent advisors and family offices with technology to support banking, cash management, analytics and lending solutions. The company, which works through an open-architecture platform that aggregates financial data across banks, brokers, and alternative assets, raised $1.25 million in early-stage funding in 2024 and states that its technology platform supports advisors with complex balance sheets and complex liquidity challenges.
“We built Sandbox to connect the right capital to the right clients at the right time. Partnering with Barkr adds a critical layer of intelligence to that process — one that makes our entire ecosystem smarter and more efficient,” said Ray Denis, Sandbox Wealth Founder & CEO.
Barkr has created a technology platform to serve the lending industry with the ability to value illiquid assets or difficult-to-qualify assets. Its valuation platform is focused on the asset-backed lending market, which it estimates at more than $1 trillion globally. The company states that the valuations produced by its platform are intended for the purpose of providing collateral in the event of a liquidation and include insurance-backed LTV ratios using insurance carriers, including Munich Re. Its customers utilize its services for fine art, vintage automobiles and other alternative assets that are difficult to obtain.
“Our mission has always been to bring transparency and precision to valuation. Sandbox’s network and structuring expertise is exactly the kind of partner that puts our technology to work where it matters most,” said Thomas Galbraith, Barkr Co-Founder & CEO.
According to the companies, the integration of these two platforms will provide valuation data that will streamline the lending process and support the underwriting and deal structuring processes. The companies stated that valuations produced using the Barkr platform are typically produced in hours rather than weeks.
