With more than $900 million raised to date, Capchase experienced record growth in 2022, seeing demand increase almost 350% and growing European business to 30% of the company
NEW YORK, Dec.13, 2022 /PRNewswire/ — Capchase, the leading provider of non-dilutive capital to SaaS companies, today revealed its 2022 growth metrics, announcing it saw a surge in customers and 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.