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Capchase Announces $60M In New Funding Led By i80 Group, Expands Opportunity For Early-Stage SaaS Startups To Secure Non-Dilutive Capital

Jan 13, 2021•over 4 years ago

Amount Raised

$60 Million

New YorkSoftwarePaymentsMobile

Description

Capchase, a Boston-based provider of non-dilutive capital for Software-as-a-Service (SaaS) companies, has today announced $60M in additional funding, led by specialty finance firm i80 Group. Founded in early 2020, Capchase has quickly established itself as an alternative to dilutive venture capital and venture debt for recurring revenue companies. The new funds will be used to expand the number of companies it can extend financing to, and the amount of revenue prepayment it provides.

Company Information

Company

Capchase

Location

New York, New York, United States

About

Capchase is the modern vendor financing platform built for B2B software, cloud, and hardware companies. Our solution helps businesses offer flexible payment terms to their customers while getting paid upfront on every deal. By embedding financing into the sales process, Capchase helps vendors close more deals, increase contract value, and access their booked revenue immediately—without balance sheet risk or added debt. And doing so in an intuitive platform that matches the speed and needs of modern sales and finance teams. Since 2020, Capchase has powered over $2.5 billion in financing for thousands of high-growth companies worldwide, backed by leading fintech investors. We are redefining how B2B vendors accelerate revenue and manage working capital.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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