Percent is a private-credit investment platform that was co-founded by Nelson Chu and Prath Reddy and originally launched under the name Cadence before rebranding in April 2021. Percent's Twitter Score is 12 out of 1000 as of July 2026, ranking #90,422 among 531,432 tracked accounts.
Percent began operating as Cadence in 2018, and in June 2019 announced it had funded and issued a tokenized fixed-income product using distributed-ledger technology. By May 2020, the platform was recording and displaying transactions on Ethereum. According to S&P Global, Percent subsequently encountered difficulties with private-credit tokenization and pulled back from that approach, shifting its focus toward broader private-credit access.
Percent closed an oversubscribed Series B round of nearly $30 million in May 2023, led by White Star Capital. Additional backers include B Capital, Revel Partners, Recharge Capital, Fantail Ventures, Morgan Creek Digital, Nimble Ventures, Altai Ventures, 10X Capital, Argo, Tuesday Capital, and Manatt. Percent is also affiliated with Percent Securities, LLC. In June 2026, co-founder Prath Reddy became CEO, with Nelson Chu moving from CEO to Chairman. Percent has published 1,159 posts on the platform and has been mentioned by 8 accounts a total of 9 times.
Who follows Percent on X?
The accounts that follow Percent include 43 founders, 14 angel investors, 14 influencers and 3 VCs, among them Erik Voorhees, RYAN SAN ADAMS, DeFi Dad defidad.eth, Banteg, Jane Lippencott and Shaan Puri.