‘Capchase Secures €105m for SaaS Financing’

Capchase, a revenue acceleration platform catering to software-as-a-service (SaaS) companies, has successfully secured a €105m (US3.9m) credit facility warehouse led by Deutsche Bank. This latest funding round adds to the over USbn in joint debt and equity financing that Capchase has received since its establishment in 2020.

The injection of capital comes at a crucial time for Capchase, especially with the significant rise in non-dilutive funding activities among European startups in 2023 compared to the previous year. Despite a decline in venture capital funding across the continent, smaller and more frequent funding rounds have become increasingly popular post-COVID-19.

In response to this funding trend, Capchase plans to enhance its support for SaaS businesses in the UK and Europe through Capchase Grow. This platform provides eligible companies with access to non-dilutive financing, enabling startups to drive business growth without having to give up equity.

Ayaas Bhamla, the Vice President of Capital Markets at Capchase, expressed the company’s commitment to being a trusted financial partner for software companies. The partnership with Deutsche Bank is seen as a strategic move to establish a strong presence in key global markets and provide founders with the necessary capital and tools for success.

With this latest funding boost, Capchase aims to empower SaaS companies across Europe with flexible financing options and support their growth in the competitive market landscape.