Announcing our Series B

Miguel Fernandez
Miguel Fernandez
Co-founder & CEO
Posted on
March 10, 2022
min read
Announcing our Series B

Today, we’re thrilled to announce that Capchase has raised $80 million Series B led by 01 Advisors, with participation from QED, Caffeinated Capital, Bling Capital, ScifiVC, Thomvest Ventures, Tusk Venture Partners, Invesco, Gaingels, and several other renowned investors and operators.

This is a big moment for Capchase. When we launched in May 2020 (less than 2 years ago), our mission was to make non-dilutive financing more accessible to founders. Since then, we’ve made over $2B available to almost 3,000 registered customers, extending their runway by a cumulative 5,000+ months. I’m proud of the fact that around 15% of our funding has been offered to women and minority-led businesses– a significant increase compared to the limited investment these founders typically receive from other sources.

Our mission has expanded too: we started with revenue financing which promised to put funding on autopilot. Since then we’ve launched two new lending products – Capchase Extend (buy-now-pay-later for business) and Capchase Earn (our high-interest account) which offsets founders’ capital costs. All of these ladder up to our mission to “automate everything that touches a dollar” in startup finance, and we’re just getting started.

We’ve also been busy expanding the markets we serve, our strategic partnerships, and our team. Most recently, we launched in Benelux, bringing us to 6 European countries, and 10 markets total worldwide. A few weeks ago, we introduced a partnership with AWS to offer working capital to founders natively within the AWS Activate Console. Of course, none of these developments, including key new product builds beyond our lending solutions - launching soon, would’ve been possible without the people. Our team, which has increased to over 100 employees in the last year (join us!), has been in rapid growth-mode to develop solutions for founders’ biggest financing pain points.

With the current uncertainties in the economic environment and the specific funding challenges founders are facing - such as increased inflation, lower valuations, harder-to-come-by VC term sheets -, everybody is thinking about how to ensure their business is set to come out stronger from this downturn. We’re here to offer founders more choices when it comes to funding their businesses and the tools to achieve the most efficient growth.

With Capchase, founders know exactly what they’re getting and how much it will cost them - we take the uncertainty and worry out of the equation.

We mean it when we say we’re on a mission to “automate everything that touches a dollar” for businesses, giving founders time back to focus on growth. In our 18 months of operating, we’ve seen an increasing appetite for growth capital that’s flexible, fast, and complements traditional funding methods like venture capital. Our goal is to put funding on autopilot for founders, and this round will help us to launch additional products to enable founders to focus on what matters most: building and impacting. 

A special shout out to our customers, who make all this possible and give us constant feedback to keep improving our offerings. Without you, we wouldn’t have moved as quickly and we wouldn’t have learned about all the other pains we can solve together. 

To apply for our non-dilutive financing, visit