Capchase Secures $80 million in Series B Funding to automate the funding process and provide undiluted funding for high-growth businesses

Capchase, a leader in providing undiluted capital to recurring revenue businesses operating in the United States and Europe, today announced an $80 million Series B investment, due to 01 Lead Advisor. QED, Caffeine Capital, Bling Capital, ScifiVC, Thomvest
Ventures, Tusk Venture Partners, Invesco and Gaingels also participated in the round.

The additional $80 million in funding comes after a year of rapid product development and expansion. In 2022 alone, Capchase has expanded to the Netherlands, Belgium, Finland, Sweden and Denmark, and opened a new European headquarters in London.

Since its founding in May 2020, Capchase has worked with nearly 3,000 companies around the world, providing more than $2 billion in funding to founders, and extending the runway over 5,000 months. Europe currently accounts for 25% of its business.

Capchase helps high-growth, recurring-revenue businesses achieve their top priorities: funding, growth, profitability, and margin expansion. Capchase provides a platform for high-growth companies to access and automate capital through cost-effective funding and lending tools. By automating all aspects of the fundraising process for businesses, the company helps founders go back in time to focus on growing their companies.

Capchase estimates that 15% of funding has been extended to women- and minority-led businesses — a significant increase over the limited funding these founders typically receive.

“In this economic climate, founders need new options when deciding how to fund their businesses,” said Miguel Fernandez, Co-founder and CEO of Capchase. “This is no longer a one-size-fits-all approach, and in just 18 months of operation, we have seen a growing appetite for capital that grows rapidly, dynamically, and complements other methods. traditional funding methods such as venture capital. Our mission is to automate everything related to our clients’ finances, and this new round of funding will help us launch additional products that allow founders to focus on what matters most: build and sell their products. ”

Since launching its original revenue financing product, Capchase Grow, which allows companies with recurring revenue to access future funding upfront, the company has rapidly launched two additional products: Capchase Extend, a buy-now-pay-for-business solution, and Capchase Earn, a high-yield account that pays competitive returns on companies’ idle money (such as VC funds), further reduce capital costs their overall.

The company also developed CapScore™, a proprietary system that evaluates hundreds of data points (such as enrollment rates, growth, cash, etc.) and determines a company’s ability to repay loans in near-real time, both now and in the future.

“The speed of innovation that Capchase has demonstrated over the past two years is truly remarkable and we believe their suite is a game changer in the startup funding ecosystem,” said Dick Costolo, Partner said manager and co-founder of 01 Advisors. “With more flexible financing options, startups around the world will be able to access critical programmatic funding designed for the specific needs of their businesses and will boost driving innovation in ways that never existed before.”

“Capchase has been an incredible partner and we would not be where we are today without them,” said Raad Ahmed, Founder and CEO of Lawtrades. “With Capchase Grow, we were able to unlock a significant amount of future revenue that we immediately used to grow the business. We grew at a triple-digit rate last year, and that presented a once-in-a-lifetime opportunity for us that otherwise would not have been possible.”

Over the past 18 months, Capchase has expanded into 10 markets, including seven European countries, and has grown the company’s headcount to more than 100. The company plans to use its latest funding round to continue its momentum, expanding its solutions beyond lending and hiring 100 more employees by the end of the year.

To learn more about Capchase and apply to sponsor your business, please visit Capchase Secures $80 million in Series B Funding to automate the funding process and provide undiluted funding for high-growth businesses

Fry Electronics Team

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