Los Angeles based financing platform for subscription software companies raised $60m in equity and asset-based Seed extension funding led by Fin VC.
“We are connecting SaaS companies with investors, and in order to do that, liquidity needs to be in the marketplace,” Pipe’s co-founder and Co-CEO Harry Hurst told Crunchbase News. “Only a small portion of the new financing will go to core operations—we run lean and mean—and a vast majority of the money will go into the marketplace, so as more SaaS companies sign up, there will be liquidity.”