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Capchase raises $4.6m in Seed funding

Boston based startup that helps SaaS companies get cash from accounts receivable raised $4.6m in Seed funding led by Caffeinated Capital, Bling Capital and SciFi VC. 

“We’re targeting B2B SaaS or ‘X-as-a-service’ companies with recurring revenue, and we’re targeting companies around the seed to Series B/C stage having more than $1 million of ARR and at least eight months of revenue generating history,” Miguel Fernández, CEO and co-founder, said.

Tags

saas, accounts receivable, lending