New funding to fuel our customers’ growth
Capchase was founded to ensure that every company has access to the funding they need to be successful. Today, we’re proud to announce a major step forward in that journey!
We have now closed $125M in our Series A funding round, which was led by QED Investors. Altogether, this new financing will enable us to significantly expand the funding we are able to provide to recurring revenue companies and is a big testament to the hard work put in by the Capchase team.
Przemek, Luis, Ignacio and I created Capchase just over a year ago to solve a major challenge faced by so many subscription and recurring revenue companies – how to access future revenue so that it can be used for growth in the present. With access to the kind of growth capital that Capchase provides, businesses are able to grow faster, more efficiently, and avoid giving up equity or acquiring debt in the process. We’ve remained committed to this mission and during the past year alone, have issued more than $390M in committed capital to over 400 companies – and counting.
We’ve also evolved our products and services since getting to this important point. We not only allow companies to access their own future revenue to invest in growth today, but we’ve developed programmatic funding initiatives that help our customers achieve long-term financial stability. The funding we provide can be distributed in increments so that our customers only use what they need, when they need it, and avoid paying interest on money that is not being used.
These services have led to real results, which can be best understood through the lens of our clients. Companies who work with Capchase grow 53% faster once they start working with us and on average, save 16% in dilution. While this matters to all companies, retaining equity is particularly important for women and minority founders who have historically received a small share of overall venture funding.
Don’t take our word for it, take a look at some of the feedback we’ve gotten from clients:
With our Series A funding round, we will be able to vastly expand on the work that we’ve already started. We will increase the funding that we provide to you, our customers, as well as the number of companies we provide it to. We will also enhance our products and services so that we can be even more efficient with what we offer and how we deliver it. And ultimately, we can further advance and support a growing and thriving subscription economy.
It’s an exciting time for Capchase, and our customers, and it’s still only the beginning.
To learn more about Capchase and apply for programmatic funding for your business, please visit www.capchase.com.
US contact: miguel@capchase.com
UK contact: henrik@capchase.com