Cacheflow bags $10m as it focuses on sales

December 8, 2022

Cacheflow, a no-code SaaS sales platform, has netted $10m in a fresh funding round, as it looks to bolster sales and marketing initiatives.

GV served as the lead investor, with commitments also coming from existing investors GGV and Pelion Ventures.

This equity will enable Cacheflow to accelerate its sales and marketing efforts, enabling the company to reach sellers in need of its SaaS deal-closing platform.

Founded in 2021, Cacheflow targets businesses in every stage of growth with an end-to-end sales solution to manage and grow the revenue lifecycle of the customer. Its technology simplifies the SaaS sales flow, integrating into a single, no-code platform.

Users can generate dynamic quotes in seconds, streamline the buying process with simple configuration, access a B2C-style checkout and leverage integrated payments. It claims the solution decreases closing times from weeks or months to mere hours.

GV partner Crystal Huang said, “Cacheflow’s approach simplifies the end-to-end selling process for enterprise software companies, presenting a meaningful opportunity to improve the SaaS customer experience.

“The Cacheflow team has deep expertise at the intersection of procurement, enterprise software, and fintech. We’ve been impressed with the speed of execution and existing product traction and believe the team is well-positioned for the next phase of growth.”

With the close of the round, the FinTech company has raised a total of $16m in funding.

GV has been very active in the FinTech market this year. It recently led the $26m funding round of Pangea Cyber, a security services provider for cloud and mobile app developers.

It also served as the lead investor to the $40m Series B round of Landis, which is helping renters to become homeowners. The platform works by Landis buying a home on behalf of the client, who then rents the home from Landis. During this time, the client prepares for a mortgage with Landis acting as a personal coach. When ready, the client can repurchase the home from Landis.