Pagaya, a startup that taps AI to manage asset-backed securities, has raised over $100 million in venture capital financing. : Pagaya, an AI-driven institutional asset manager that focuses on fixed income and consumer credit markets, today announced it raised $102 million in equity financing. CEO Gal Krubiner said the infusion will enable Pagaya to grow its data science team, accelerate R&D, and continue its pursuit of new asset classes including real estate, auto loans, mortgages, and corporate credit.