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Venture Capital News: Capchase Receives $280M

2021-07-20
NEW YORK, NY, Capchase, a provider of non-dilutive capital, has today announced $280 million in new debt and equity financing led by i80 Group.
The new funding comes on the heels of continued growth and the introduction of Capchase Expense Financing™, a new Buy Now Pay Later (BNPL) product that helps companies split large expenses over time, in fixed repayment terms. When combined with Capchase's leading programmatic funding solution, companies unlock resources for growth while at the same time preserving their cash.

Capchase is a platform for recurring-revenue companies to secure non-dilutive capital. Founded in Boston, MA in 2020, the company provides financing by bringing future expected cash flows to the present day - thereby extending an immediate line of credit. Companies that work with Capchase are able to secure funding that is fast, flexible, and doesn't dilute their ownership.
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