Capchase's Financial Boost from Deutsche Bank
May 22, 2024, 9:32 pm
Location: United States, New York
Employees: 51-200
Founded date: 2020
Total raised: $1.06B
In a strategic move to bolster its financial capabilities, Capchase, a leading revenue acceleration platform catering to Software-as-a-Service (SaaS) companies, has successfully secured a substantial €105 million credit facility warehouse from Deutsche Bank. This significant funding injection marks a pivotal moment for Capchase, as it positions itself to further support UK and European SaaS businesses through its innovative Capchase Grow program.
The timing of this financial backing is particularly noteworthy, as recent data from Capchase indicates a notable uptick in non-dilutive funding activity for European startups. This surge in alternative funding options has become increasingly attractive to founders seeking to enhance their cash flow amidst a challenging venture capital landscape. With the latest €105 million debt financing from Deutsche Bank, Capchase is well-equipped to serve as a key financial partner to UK and European SaaS businesses, facilitating their growth in the current economic climate.
Since its inception in 2020, Capchase has amassed an impressive track record, having received over $1 billion in combined debt and equity financing. Led by CEO Miguel Fernandez, the company has established itself as a go-to resource for B2B SaaS companies looking to accelerate their revenue growth through non-dilutive capital and innovative revenue management tools. Capchase's capital solution, Grow, has made a substantial $2 billion in funding available to the SaaS industry, while its revenue management tools, Pay and Collect, have enabled SaaS vendors to optimize sales and expedite cash collection processes.
In addition to its existing suite of products, Capchase recently introduced Capchase Collect in December 2023 and Capchase Infra in April 2024. Capchase Collect is a self-service offering designed to streamline invoice collections and reduce the incidence of overdue invoices, while Capchase Infra serves as a technology suite aimed at supporting both traditional banks and non-bank lenders in accelerating their digital lending strategies.
With a strong presence in 10 countries across North America and Europe, Capchase has cultivated partnerships with over 4,000 businesses and industry collaborators to date. The company's commitment to empowering SaaS companies to achieve accelerated growth and financial stability has garnered recognition from prestigious publications, including Fast Company's Most Innovative Companies and Forbes' Next Billion Dollar Startups in 2023.
As Capchase continues to expand its reach and enhance its offerings, the partnership with Deutsche Bank stands as a testament to its dedication to providing cutting-edge financial solutions and support to the dynamic landscape of SaaS businesses. This latest financial boost underscores Capchase's unwavering commitment to serving as a trusted finance and revenue partner for Software companies, ensuring a sustainable and prosperous future for its clients in key global markets.
The timing of this financial backing is particularly noteworthy, as recent data from Capchase indicates a notable uptick in non-dilutive funding activity for European startups. This surge in alternative funding options has become increasingly attractive to founders seeking to enhance their cash flow amidst a challenging venture capital landscape. With the latest €105 million debt financing from Deutsche Bank, Capchase is well-equipped to serve as a key financial partner to UK and European SaaS businesses, facilitating their growth in the current economic climate.
Since its inception in 2020, Capchase has amassed an impressive track record, having received over $1 billion in combined debt and equity financing. Led by CEO Miguel Fernandez, the company has established itself as a go-to resource for B2B SaaS companies looking to accelerate their revenue growth through non-dilutive capital and innovative revenue management tools. Capchase's capital solution, Grow, has made a substantial $2 billion in funding available to the SaaS industry, while its revenue management tools, Pay and Collect, have enabled SaaS vendors to optimize sales and expedite cash collection processes.
In addition to its existing suite of products, Capchase recently introduced Capchase Collect in December 2023 and Capchase Infra in April 2024. Capchase Collect is a self-service offering designed to streamline invoice collections and reduce the incidence of overdue invoices, while Capchase Infra serves as a technology suite aimed at supporting both traditional banks and non-bank lenders in accelerating their digital lending strategies.
With a strong presence in 10 countries across North America and Europe, Capchase has cultivated partnerships with over 4,000 businesses and industry collaborators to date. The company's commitment to empowering SaaS companies to achieve accelerated growth and financial stability has garnered recognition from prestigious publications, including Fast Company's Most Innovative Companies and Forbes' Next Billion Dollar Startups in 2023.
As Capchase continues to expand its reach and enhance its offerings, the partnership with Deutsche Bank stands as a testament to its dedication to providing cutting-edge financial solutions and support to the dynamic landscape of SaaS businesses. This latest financial boost underscores Capchase's unwavering commitment to serving as a trusted finance and revenue partner for Software companies, ensuring a sustainable and prosperous future for its clients in key global markets.