Leading by Deutsche Bank, Capchase, a NYC-based provider of a technology that accelerates revenue for SaaS startups, has obtained a €105 million credit facility warehouse.
Investment
With the addition of this additional funding, Capchase’s total debt and equity financing since its creation in 2020 has exceeded $1 billion.
Use of funds
With Capchase Grow, which provides qualifying firms with access to non-dilutive financing, enabling business development without compromising equity, the company plans to utilize the money to increase its assistance for SaaS enterprises in the UK and Europe.
The firm works in ten countries in North America and Europe, and to far, it has worked with over 4,000 enterprises and partners.
About Capchase
Under the direction of CEO Miguel Fernandez, Capchase offers revenue acceleration solutions and non-dilutive funding to B2B SaaS startups. With the help of its financing solution, Grow, the SaaS sector was able to access almost $2 billion in finance. SaaS providers benefit from its revenue management products, Pay and Collect, which increase sales and expedite cash collection. Capchase introduced Capchase Collect in December 2023 and its Infra in April 2024 in addition to its Grow and Pay programs. Infra is a technology package intended to assist banks and non-bank lenders by expediting their digital lending roadmap, while Collect is a self-service solution aimed to increase invoice collections and minimize the quantity of past-due bills.
