6lock Secures Exclusive Spot in BluWave’s Vetted Provider Network
Private equity firms managing high-stakes capital calls now have a new option for transaction security as 6lock joins the BluWave network. As the only verified money movement platform in the invite-only group, the Austin-based firm aims to displace the industry's reliance on vulnerable email and spreadsheet-based payment workflows.
BluWave connects over 500 private equity firms and thousands of portfolio companies with pre-vetted service providers. To gain entry, companies must undergo a rigorous evaluation of their project history, client references, and direct sector experience. 6lock’s admission targets firms looking to automate capital calls, distributions, and vendor payments through a closed-loop system.
CEO Todd Sorrel argues that the private equity sector has tolerated manual, error-prone payment methods for too long. By moving away from callback-dependent processes, 6lock’s infrastructure verifies identities and banking instructions before funds are transferred. The platform integrates with existing banking relationships to provide real-time visibility and an auditable trail, keeping sensitive financial data out of unsecured email threads. The system is currently SOC 2 Type II compliant, designed to mitigate fraud risks and operational friction within the private market ecosystem.
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