New York-based Fintech startup Capchase has officially announced the completion of a substantial new funding round, SECuring $26 million in equity financing alongside a $174 million credit facility. The round was led by 01 Advisors, with participation from prominent institutions such as Caffeinated Capital and Thomvest Ventures.
Founded in 2020, Capchase initially focused on revenue-based financing for SaaS enterprises. However, in late 2022, the company executed a comprehensive strategic pivot to become a dedicated vendor financing Technology platform. Capchase now specializes in B2B "Buy Now, Pay Later" (BNPL) solutions designed to resolve the long-standing friction in enterprise sales where sellers demand immediate cash while buyers seek to preserve capital. By offering flexible instaLLMent plans (e.g., monthly payments) to software and hardware buyers, Capchase advances the full invoice amount to suppliers upfront (minus financing fees).
Capchase is leverAGIng advanced AI and machine learning to overhaul the traditional equipment financing market—a sector valued at $1.3 trillion that has historically relied on manual, labor-intensive processes. The company has successfully compressed APProval Timelines that previously took 4 to 17 days down to mere seconds. Their AI-powered order generation Agents can parse quotes and generate payment links within 60 seconds, while AI email agents autonomously coordinate multi-party communications.
The company reports a 400% growth rate over the past 12 months and projects an additional 200% growth in the coming year. This fresh capital will fuel Capchase's expansion from serving suppliers with tens of millions in revenue to targeting enterprise CLIents generating billions. Furthermore, the funds will support the company's official market expansion into Australia, extending its footprint beyond North America and EuRoPE. Capchase has also confirmed that its Valuation in this latest round has surpassed the $80 million valuation established during its 2021 Series B financing.
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