Miami based B2B financing platform for SaaS companies raised $100m in venture funding at a $2b valuation led by Greenspring Associates.
The startup has been operating with a lean and mean strategy and has a current headcount of 34. Pipe plans to use its latest capital in part to double that number by year’s end. “We haven’t actually spent a penny of our prior financing,” Hurst told TechCrunch. “But we’re seeing huge demand for the product globally, and across so many different verticals, so we’re going to use this capital to not only secure the future of business obviously but to continue to invest into growing all of these different verticals and kick off our global expansion.”
https://techcrunch.com/2021/05/19/pipe-raises-250m-at-a-2b-valuation/