Capchase SECures $26M Equity Round to Revolutionize B2B vendor financing with AI
New York-based Fintech startup Capchase has announced the completion of its latest funding round, securing $26 million in equity financing and a $174 million credit facility. The round was led by 01 Advisors, with participation from prominent investors including Caffeinated Capital and Thomvest Ventures.
Founded in 2020, Capchase initially focused on revenue-based financing for SaaS companies. However, in late 2022, the company pivoted to become a dedicated vendor financing Technology platform. Specializing in B2B "Buy Now, Pay Later" (BNPL) tools, Capchase helps software and hardware vendors offer flexible instaLLMent plans (e.g., monthly payments) to their buyers. Simultaneously, Capchase advances the full payment to the vendors upfront (minus financing fees), effectively resolving the long-standing friction in B2B sales where sellers demand immediate cash while buyers seek to preserve capital.
Capchase is leverAGIng Artificial Intelligence and machine learning to overhaul the traditional equipment financing market—a sector valued at $1.3 trillion that has long relied on manual processes. The company has compressed APProval Timelines that traditionally took 4 to 17 days down to mere seconds. Its AI-powered "order generation Agent" can parse quotes and generate payment links within 60 seconds, while an AI email agent automates multi-party coordination.
The company reported a 400% year-over-year growth rate over the past 12 months and projects an additional 200% growth in the coming year. The newly raised capital will support Capchase's transition from serving mid-market suppliers to enterprise CLIents with revenues in the billions, as well as its expansion into the Australian market, following its presence in North America and Europe. Capchase also confirmed that its Valuation in this round has surpassed its $80 million valuation from the Series B round in 2021.
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