Los Angeles based financing platform for subscription software companies raised $60m in equity and asset-based Seed extension funding led by Fin VC.
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Pipe raises $60m in seed extension round to power SaaS financing platform
“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.”
