Capchase secures $400m to empower SaaS businesses

Capchase, a New York-based provider of non-dilutive capital, has raised more than $400m in additional debt financing, and launched an analytics tools to help software-as-a-service (SaaS) founders make real-time financial decisions for their business.

Capchase said the $400m in debt financing will be used to provide capital support for both current and future Capchase customers, and to diversify current product offerings.

The financing grows the existing partnership with the i80 Group and establishes a new financing partnership with an international banking group. These funding partners join a roster of the company’s existing investors, including SciFi VC, QED Investors, Bling Capital, Caffeinated Capital and 01 Advisors.

The recently-launched product, Capchase Analytics, is a tool designed to help SaaS business grow faster. Capchase said it will allow founders access to real-time business metrics to make key decisions.

Miguel Fernandez, co-founder and CEO of Capchase, said, “A long-time goal of ours has been to provide access to holistic financial information from within the Capchase dashboard, and now Capchase Analytics allows founders to make more informed decisions on a convenient and intuitive platform.

“Customers who trust and use Capchase for their financing will now be able to better understand their business growth trends, forecast the future, make profitable decisions, and feel confident in timing their raises.”

Capchase raised $80m in Series B funding in March this year, led by 01 Advisors.

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