Capchase, the revenue acceleration platform for SaaS companies, has secured a significant €105m credit facility warehouse led by Deutsche Bank.
The financing round, led by Deutsche Bank, adds to Capchase’s substantial funding history, which now exceeds $1 billion in combined debt and equity financing since its inception in 2020.
Capchase’s latest funding injection arrives amidst a notable trend in the European startup landscape. Recent data from the company highlights a nearly 50% surge in non-dilutive funding activity to European startups in 2023 compared to the previous year, despite a sharp decline in venture capital funding in the region during the same period. This financing positions Capchase to bolster its support for UK and European SaaS businesses through its Capchase Grow initiative. Capchase Grow offers eligible companies access to non-dilutive financing, enabling business expansion without the need to sacrifice equity.
Ayaas Bhamla, vice president of capital markets at Capchase, underscored the significance of partnering with Deutsche Bank, stating, “Having a global banking partner like Deutsche Bank supports our mission and brings a fortified balance sheet to support the founders on our platform.” This collaboration strengthens Capchase’s position as a trusted finance and revenue partner for software companies, facilitating a lasting presence in key global markets.
Capchase’s suite of products caters to business-to-business SaaS companies, offering solutions for revenue management, non-dilutive capital access, and growth acceleration. Recent additions to its product lineup include Capchase Collect, launched in December 2023, designed to streamline invoice collections, and Capchase Infra, introduced in April 2024, aimed at supporting lenders in accelerating their digital lending strategies.
The new funding round reflects Capchase’s ongoing commitment to empowering SaaS businesses and driving innovation in the FinTech landscape.
“Over the past year, there has been a growing interest among European startups in non-dilutive funding as founders seek alternative ways to enhance their cash flow amidst increasingly challenging conditions for securing venture capital. With the latest €105 million of debt financing, we can continue to serve as a key financial partner to UK and European SaaS businesses, supporting their growth in the current economic climate,” said Miguel Fernandez, Co-founder and CEO of Capchase.
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