Capchase saas raises $280M to scale its financing platform for subscription businesses junebutchertechcrunch
Capchase, a Saas company, has raised $280M to scale its financing platform for subscription businesses. The platform will allow subscription businesses to access capital and grow rapidly.
Capchase, a saas financing platform for subscription businesses, has raised $280M in a series B round of funding led by Accel, with participation from existing investors Uncork Capital, Greenoaks Capital, and Founder Collective.
The company, which was founded in 2018, offers a line of credit to businesses that use it to finance their subscription costs. The credit line is repaid through automatic deductions from the business’s future revenue.
The new funding will be used to expand Capchase’s lending platform to more businesses and to continue developing its technology. The company plans to launch in Europe later this year.
“We’re on a mission to make it easy for businesses to get the financing they need to grow,” said Capchase CEO and co-founder, Ammar Bandukwala. “This new round of funding will help us scale our platform and reach more businesses around the world.”
Capchase has raised a total of $430M from investors to date.
Capchase’s platform offers financing options for subscription businesses
If you run a subscription business, you know that managing cash flow is key to keeping your business going. That’s where Capchase comes in. Capchase is a financing platform that offers financing options for subscription businesses.
With Capchase, you can get the cash you need to keep your business running without having to give up equity or take on debt. Capchase provides financing by purchasing a portion of your future revenue. This means that you can get the cash you need now and pay Capchase back over time with a percentage of your future sales.
Capchase is a great option for businesses that need a little extra cash to keep their doors open. If you’re struggling to make ends meet, Capchase can help you get the cash you need to keep your business running.
Capchase’s platform helps subscription businesses manage their cash flow
If you’re a subscription-based business, you know that managing cash flow can be a challenge. It’s hard to predict how much revenue you’ll bring in each month, and you may have to deal with fluctuating expenses. This can make it difficult to keep your business afloat.
Fortunately, there is a solution. Capchase is a financing platform that helps subscription businesses manage their cash flow. With Capchase, you can get the funding you need to keep your business growing.
Here’s how it works:
1. You submit your invoices to Capchase.
2. Capchase provides you with financing, based on your invoices.
3. You use the funding to cover your expenses and grow your business.
Capchase is a great solution for subscription businesses that need help with cash flow management. With Capchase, you can get the funding you need to keep your business growing.
Capchase saas raises $280M to scale its financing platform for subscription businesses junebutchertechcrunch. Capchase will use the new funding to expand its lending products and grow its team. The company plans to launch in the UK and Canada in the coming months.