Los Angeles based financing platform for SaaS companies raised $6m in a Seed round led by Craft Ventures.
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Pipe raises $6m to launch new SaaS financing platform
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"Until now, the main financing option for SaaS companies has been dilutive equity rounds," said David Sacks, Co-Founder & General Partner at Craft Ventures. "Pipe is the tool every SaaS founder has been waiting for. It allows SaaS companies to grow without dilution by financing their SaaS receivables."
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