Although we primarily help startups grow by offering non-dilutive financing and revenue acceleration via B2B BNPL, Capchase has always tried to support our customers in all aspects of their businesses. That’s why we’re proud to announce our newest partnership with Betts Recruiting, America’s premier go-to-market talent partner.
Beyond funding: Why we’re partnering with Betts Recruiting
In today's business landscape, building a successful company necessitates two key ingredients: exceptional talent and access to capital. As we’ve worked with our partners, we’ve realized there’s been an overlap between what our customers need and what Betts Recruiting’s customers need.
We’ve found that 65% of the startups we’ve financed primarily use their funding on sales and marketing, and allocate a particularly high percentage of their budget towards hiring efforts. Meanwhile, 50% of the startups that use Betts Recruiting to optimize their hiring spend a significant portion of their time and energy on fundraising.
It became clear that Betts’ customers needed us, and our customers needed Betts. By joining forces, we intend to help startups get both of their needs met at once: more capital and better hiring.
Combining the best of talent and capital acquisition
Both Betts Recruiting and Capchase help startups with an ARR ranging from $25,000 to $100 million get the resources they need to scale.
Our Grow solution enables startups to secure between $25,000 and $10 million in financing within 2 weeks (and sometimes within even less time). This funding is always non-dilutive, allows flexible draws, and scales alongside each applicant’s ARR and growth metrics. Using our funding, our clients have been able to achieve a 53% increase in ARR growth.
Meanwhile, Betts' innovative subscription recruiter model presents a game-changing approach to hiring that combines the cost structure of a SaaS platform with comprehensive recruiter support. By leveraging this model, Betts customers have been able to achieve a cost per hire as low as $2,000 to $3,000.
How our customers will benefit
By making it easier for Capchase customers to use Betts and vice versa, the startups we serve will have a more streamlined method to access both better capital resources and better talent acquisition processes. By taking advantage of Betts, our customers can stretch our funding further and maximize their growth potential.
"We are thrilled to partner with Capchase to create a new era of support for startups. Our shared vision is to provide our partners with access to the best capital options and top talent. By combining the power of exceptional people and adequate capital, we are confident that we can help create and sustain the next generation of successful startups."
— Carolyn Betts, CEO of Betts Recruiting
“Our mission as a company is to grow SaaS revenue globally. To grow, companies need capital and the right revenue motions. This partnership with Betts was the next logical step in ensuring our customers have the tools and the funding they need to succeed.”
— Miguel, CEO of Capchase
Get started optimizing your hiring with Betts Recruiting
If you’re looking to grow your startup and want to make the most of both Capchase’s non-dilutive financing options and Betts Recruiting’s streamlined talent acquisition options, click here to get started.