Efficient Capital Labs raised $11 million in a Series A funding led by undisclosed investors to expand cross-border revenue-based financing.
Efficient Capital Labs raised $11 million in a Series A funding led by undisclosed investors to expand cross-border revenue-based financing.
08/21/24, 4:19 PM
Location
new yorkMoney raised
$11 million
Round Type
series a
Efficient Capital Labs has successfully raised $11 million in its Series A funding round. The investment will be used to enhance their cross-border revenue-based financing offerings.
Company Info
Location
new york, united states
Additional Info
Founded in 2022, Efficient Capital Labs is a New York headquartered fintech that provides non-dilutive capital to B2B SaaS companies operating in the South Asia-US corridor - i.e., companies that generate a majority of their revenues from the US or North American market while maintaining a significant part of their technology, product development, and operations teams in South Asia. Efficient Capital Labs provides revenue-based financing to its clients and deploys capital out of its own balance sheet. To learn more about Efficient Capital Labs please visit: https://www.ecaplabs.com.