Capchase secures €105m to support flexible financing for SaaS companies in Europe

Capchase, the revenue acceleration platform for Software-as-a-Service (SaaS) companies, has secured a €105 million credit facility warehouse led by Deutsche Bank. This new financing contributes to the more than $1 billion in combined debt and equity financing Capchase has received since its founding in 2020.

The financing from Deutsche Bank comes at a crucial time, as new data from Capchase reveals that non-dilutive funding activity to European startups surged by nearly 50% in 2023 compared to 2022, despite venture capital funding in the region declining by more than 45% during the same period. The new financial backing empowers Capchase to expand its support for UK and European SaaS businesses through Capchase Grow, which offers eligible companies access to non-dilutive financing, fostering business growth without sacrificing equity.

Miguel Fernandez, Co-founder and CEO, Capchase: "We're committed to helping SaaS companies grow their revenue in ways that work best for them with access to capital. Over the past year, there has been a growing interest among European startups in non-dilutive funding as founders seek alternative ways to enhance their cash flow amidst increasingly challenging conditions for securing venture capital. With the latest €105 million of debt financing, we can continue to serve as a key financial partner to UK and European SaaS businesses, supporting their growth in the current economic climate."

Ayaas Bhamla, VP of Capital Markets, Capchase: "We are committed to being the trusted finance and revenue partner for Software companies, and this partnership ensures a long-lasting presence in key geographies around the globe. Having a global banking partner like Deutsche Bank supports our mission and brings a fortified balance sheet to support the founders on our platform. Partnering with such a well-respected bank helps Capchase provide our customers with the capital and tools they need to thrive."

Capchase's suite of products is a go-to source for business-to-business SaaS companies for managing revenue, accessing non-dilutive capital, and accelerating growth. In addition to its Grow and Pay products, Capchase launched Capchase Collect in December 2023 and Capchase Infra in April 2024. Collect is a self-service product created to speed up invoice collections and decrease the amount of overdue invoices, and Infra is a technology suite designed to support banks and non-bank lenders by accelerating their digital lending roadmap.

www.capchase.com

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