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Start-Up Financier Kashcade Secures $5.5M; Eyes 30 Deals

Nov 09, 2023•almost 2 years ago

Amount Raised

$5.5 Million

Sydney

Investors

Prandium Capital

Description

Sydney’s Kashcade, which pitches itself as a superior alternative to traditional venture debt financing for start-ups, has picked up $5.5 million in financing of its own as it grows its loan book.

Company Information

Company

Kashcade

Location

Sydney, New South Wales, Australia

About

Kashcade provides non-dilutive start-up loans to tech companies with predictable revenue streams. Founders apply online in minutes and access funds in as little as 48hrs, to get finance on demand. Loan terms are founder-friendly, absolutely no equity is given away, and accessing capital is flexible and effortless. With Kashcade, start-up founders spend less time fundraising, more time serving customers and keep more of their business.

Related People

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers