Investors love SaaS companies because of the recurring revenue. But SaaS companies often have to give up growth when faced with monthly and quarterly subscriptions that cause less signup friction versus annual upfront fees. Pipe is the non-dilutive financing solution for these to normalize their cash flows. Pipe is a marketplace that connects SaaS companies to investors that are looking to invest in these types of factoring arrangements. Investors receive reliable cash flows and companies receive the cash they need quickly to fuel their growth. Win/Win. We caught up with CEO and Cofounder Harry Hurst to learn more about Pipe, the Saas landscape, and the company’s recent Seed extension round.
The notable startup fundings for the week ending 6/27/20 featuring funding details for Nylas, Immuta, Oscar, and much much more.
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 6/24/2020 featuring funding details for Pipe, Treehouse Games, and much more.