Capchase Reports Steady Growth as More SaaS Startups Seek Non-Dilutive Financing

Capchase, which claims to be the leading provider of non-dilutive (debt-based) capital to SaaS companies,  revealed its 2022 growth metrics, announcing it “increased revenue by 250%.”

Throughout the year, Capchase was “able to expand its reach by securing additional funding, forging partnerships with leading financial service companies, and expanding its European services, including launching in Germany.”

The company’s success “allowed it to deploy a record amount of non-dilutive financing to startups across the globe.”

As the macroeconomic environment has become uncertain and VC funding has slowed, founders are increasingly “looking to non-dilutive financing to diversify their funding, and future-proof their growth.”

As a result, Capchase saw underwritings “increase by nearly 350% in 2022, with the majority of Capchase customers putting capital toward financing customer acquisition costs, key sales hires, and subscription expenses.” To further its product innovations and meet increased demand, Capchase announced “an $80 million Series B round in March 2022 and later secured an additional $400 million in debt financing.”

Capchase’s total funding “has now grown to more than $900 million and includes investments from 01 Advisors, Bling Capital, Caffeinated Capital, QED Investors, and SciFi VC.” Using the funds, the company “created new services, sustained business growth, and increased its headcount by 35% via strategic hiring throughout several departments.”

In November, Capchase announced “its entry to the German market to provide startups with its market-leading services, including its tailored financial insights service, Growth Advisors, as well as Capchase Grow and Capchase Analytics.”

This followed expansion elsewhere in Europe earlier in the year, “with a new European HQ opened in London in February ’22, solidifying Capchase’s presence right at the heart of Europe’s tech and financial industries. Capchase’s European business has now grown to 30% of the company.” Earlier this year, Capchase also “announced partnerships with AWS, Xero and Stripe, accelerating access to non-dilutive capital for even more startups.”

Miguel Fernandez, co-founder and CEO of Capchase, said:

“Capchase used this year to really double down on SaaS startups and it’s evident that it has paid off. Our customers are realising they don’t need to choose between runway and growth, allowing them and the industry as a whole to remain resilient despite the downturn.”


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