Capchase has raised over $200 million in fresh capital in a mix of both $26 million in equity financing and a $174 million credit facility to expand its embedded lending infrastructure globally and further develop its AI features.
The equity portion of the round was led by 01 Advisors, with participation from a syndicate of prominent fintech and venture investors, including Caffeinated Capital, Thomvest Ventures, Scifi VC, Bling Capital, and Invesco.
This large capital raise shows an increasing need for more flexible financing options in the fast-growing enterprise B2B technology industry, where large enterprises are tightening budgets and macroeconomic factors have begun to distort the traditional sales pipeline.
The Evolution: Capitalizing on the Affirm for B2B Model
Founded in 2020 by Miguel Fernandez and Przemek Gotfryd, Capchase first gained prominence in the dynamic revenue-based financing (RBF) space, providing early-stage SaaS companies with non-dilutive growth capital against their recurring revenues.
Currently, Capchase is operated just as a dedicated B2B “Buy Now, Pay Later” vendor financing platform. The business model elegantly solves a core friction point in modern enterprise technology transactions. Software and hardware vendors want their contract values paid entirely upfront to preserve cash flow, while corporate buyers and cautious CFOs want to delay outlays, preserve working capital, and pay in instalments.
Source: capchase
By integrating directly into a vendor’s sales stack, Capchase allows a sales representative to offer flexible payment terms such as converting a rigid $1 million upfront annual licence into manageable monthly or quarterly instalments over a period of up to five years. Once the deal is executed, Capchase pays the software or hardware vendor the full contract amount upfront, net of a small financing fee, while assuming the underlying collection management.
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Displacing Legacy Banks Natively Inside Salesforce
The traditional $1.3 trillion equipment and vendor financing industry has long been dominated by commercial banks and captive finance arms. However, these legacy players typically rely on old, slow workflows characterised by multi-thread email chains, manual credit committees, and gruelling document reviews that stretch across weeks.
Capchase differentiates itself by operating as both the direct lender and the underwriting technology infrastructure, enabling it to move at the speed of modern digital commerce. Capchase is currently the only enterprise financing platform built natively inside Salesforce. Because it hooks directly into the customer relationship management (CRM) environment where enterprise sales teams already live, Capchase can pull relevant data instantly.
The company reports that 97% of its lending applications are vetted, underwritten, and approved in under 30 seconds. This level of automation has allowed Capchase to comfortably move upmarket. Rather than backing fragile early-stage startups, Capchase now primarily underwrites highly stable, mature corporate buyers.
According to company metrics, the average buyer using Capchase features has roughly $80 million in annual revenue, has been operating for more than 20 years, and is fully profitable.
Rolling Out the Agentic Lending Coordinator
Alongside the $200 million funding announcement, Capchase officially launched its latest AI product milestone: the Agentic Lending Coordinator. While the platform’s core algorithms already automate underwriting, the new AI agent is designed to eliminate the remaining administrative friction points of multi-party enterprise transactions.
The agent automatically scans, interprets, and collects data from fragmented quotes, purchase orders, and multi-thread B2B email chains, compiling them instantly into a flawless, executable loan package. It then autonomously manages the collaboration and automated follow-ups between vendors, channel partners, and corporate buyers from the initial review through to final digital signatures.
During its beta testing phase, Capchase revealed that the tool successfully compressed a standard eight-hour multi-party document assembly process into a 60-second automation.
“We saw that sales cycles were expanding and customer acquisition costs were rising, driven heavily by persistent macroeconomic pressures,” said Miguel Fernandez, co-founder and CEO of Capchase. “Buyers want to pay as late as possible. We shipped a product to solve that exact need, and the market pull has completely eclipsed our original product lines. This funding allows us to turn vendor financing from a sales bottleneck into an absolute growth lever.”
The strategy is yielding massive dividends. Capchase reports an explosive 400% growth rate over the past 12 months and projects another 200% growth in the coming year, solidifying its position as an essential financial layer for global IT solution providers, original equipment manufacturers, and cybersecurity giants.
