Capchase Secures $80 Million In Series B Funding To Automate Financing Process And Provide Non-Dilutive Capital To High-Growth Businesses
Capchase Secures $80 Million In Series B Funding To Automate Financing Process And Provide Non-Dilutive Capital To High-Growth Businesses
03/10/22, 9:30 AM
Location
new yorkMoney raised
$80 million
Industry
financial services
software
payments
mobile
Round Type
series b
Capchase, a leader in providing non-dilutive capital for recurring-revenue businesses operating in the U.S. and Europe, today announced an $80 million Series B investment, led by 01 Advisors. QED, Caffeinated Capital, Bling Capital, ScifiVC, Thomvest Ventures, Tusk Venture Partners, Invesco and Gaingels also participated in the round. The additional $80M in equity funding comes after a year of rapid growth and product expansion.
Company Info
Location
new york, united states
Additional Info
Capchase is a platform for recurring-revenue companies to secure non-dilutive capital. Founded in Boston, MA in 2020, the company provides financing by bringing future expected cash flows to the present day – thereby extending an immediate line of credit. Companies that work with Capchase are able to secure funding that is fast, flexible, and doesn't dilute their ownership.