Capchase is an online platform for rapidly getting cash from your accounts receivable.
Capchase helps SaaS companies finance the growth of their operations with cash tied up in future monthly payments.
Capchase was co-founded in 2020 by Miguel Fernandez Larrea, Przemek Gotfryd, Ignacio Moreno Pubul and Luis Basagoiti Marqués. The company is headquartered in New York, New York.
Capchase helps recurring-revenue companies unlock cash that is otherwise tied up in future subscription-based payments. This allows founders to either reinvest the upfront capital in profitable growth initiatives, or secure cash on hand to extend their runway.
Capchase is targeting B2B SaaS or ‘X-as-a-service’ companies with recurring revenue, and we’re targeting companies around the seed to Series B/C stage having more than $1 million of ARR and at least eight months of revenue generating history.
Capchase also offers a proprietary programmatic funding model that is based on analytics and disperses just the financing required for growth on a monthly or weekly basis – as opposed to providing capital in one lump sum, which leads to cash sitting in a bank without generating returns.
Capchase has issued more than $390 million in financing to over 400 companies and expects to grow by 400 percent over the next six months.
Capchase is backed by QED Investors, Caffeinated Capital, i80 Group, Bling Capital, SciFi VC, BoxGroup, ONEVC, and others. The company closed a $125M Series A round on June 04, 2021. This brings Capchase's total funding to $190M to date.