Funding round
Capchase Growth
Reported as "Growth Equity"
Capchase, which works in vendor financing solutions in New York, raised $200M in a Growth round announced on 1 Jan 2024. It is Capchase's fifth venture round on record; the one before was a Series B in Mar 2022.
$200M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
Capchase did not disclose a valuation in this round. It came 22 months after Capchase's Series B. It is 43% of the $470M Capchase has raised in the venture rounds on record. No later venture round is on record for Capchase.
Capchase's funding rounds
Capchase has 5 venture rounds on record and 2 other deals. This one is highlighted.
- Seed 1 Sep 2020, led by Bling Capital, SciFi VC and Caffeinated $4.6M
- Growth 12 Jan 2021, led by i80 Group $60M
- Series A 4 Jun 2021, led by QED Investors $125M
- Debt not a venture round 20 Jul 2021, led by i80 Group $280M
- Series B 10 Mar 2022, led by 01A $80M
- Debt not a venture round 13 Jul 2022, led by i80 Group $400M
- Growth this round 1 Jan 2024 $200M
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion and scaling operations.
- Geographic expansion
- Scaling operations
Comparable rounds
How it compares
38 Growth rounds in Loans & Financing within a year either side disclosed an amount; the median was $61M, and this round was 3.3 times the median. The closest in time, other companies' Growth rounds in Loans & Financing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Loans & Financing | 23 Jan 2024 | $160M | not disclosed | Motilal Oswal Alternates |
| Loans & Financing | 1 Jan 2024 | $37M | not disclosed | not named |
| Loans & Financing | 6 Feb 2024 | $150M | not disclosed | i80 Group |
| Loans & Financing | 14 Feb 2024 | $25M | not disclosed | Questa Capital |
| Loans & Financing | 17 Nov 2023 | $60M | not disclosed | not named |
| Loans & Financing | 5 Oct 2023 | undisclosed | not disclosed | Intudo |
| Wayflyer Loans & Financing | 5 Sep 2023 | $1.00B | not disclosed | Neuberger Berman |
| Loans & Financing | 30 Sep 2023 | $300M | not disclosed | not named |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Capchase raise in its Growth round?
Capchase raised $200M in its Growth round, announced in Jan 2024.
What was Capchase's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Loans & Financing?
38 Growth rounds in Loans & Financing within a year either side disclosed an amount; the median was $61M, and this round was 3.3 times the median.