Capchase has raised $200 million in a combined debt and equity financing round, the company confirmed to Crunchbase News. The funding includes $26 million in equity and a $174 million credit facility, led by 01 Advisors with participation from Caffeinated Capital, Thomvest Ventures, Scifi VC, Bling Capital, and Invesco.
Founded in 2020 and based in New York, Capchase initially focused on revenue-based financing for SaaS companies. By late 2022, it pivoted to a vendor-financing technology platform targeting original equipment manufacturers, software vendors, and cybersecurity providers. The platform integrates into sales workflows to offer B2B buy now, pay later solutions, allowing vendors to receive upfront payments while buyers pay over time. This model addresses the common challenge in enterprise sales where vendors seek immediate cash, but buyers prefer to preserve capital.
The new funding round underscores growing interest in flexible payment solutions within B2B sales, especially for software and hardware vendors. By enabling vendors to offer extended payment terms while securing upfront cash, Capchase aims to streamline sales cycles and improve cash flow management. The company’s shift away from revenue-based financing to embedded vendor financing reflects broader trends in enterprise financial technology.
Capchase plans to use the capital to expand its platform and deepen integrations with enterprise sales processes. The company aims to accelerate growth in its vendor-financing offerings and scale its presence across software and hardware sectors. Observers will watch how Capchase leverages this funding to capture market share and enhance payment flexibility for B2B transactions, according to news.crunchbase.com.