Criterica Capital is not a lead funder in co-investment structures. We participate behind established funders who have done the origination, diligence, and relationship work.
Our underwriting validates the case value independently — using the same outcome models that drive our direct capital decisions. Co-investment terms are agreed at the deal level before any capital moves.
Every capital decision at Criterica Capital is underwritten against outcomes, not collateral. Our models are trained on 106M+ real court records across US federal courts, state courts, and international jurisdictions.
We assess jurisdiction-level recovery rates, case-type outcome distributions, time-to-resolution curves, and attorney performance history before committing capital. No collateral. No credit check. Outcomes only.
