Re:cap Raises $14.6 Million in Series A Funding for Revenue-Based Financing Platform

Using this thirteen-slide pitch deck, the German business Re:cap, which is based on revenue-based finance, was able to raise $14.6 million.

The German startup company Re:cap, which is based on revenue-based financing, has successfully raised $14.6 million in Series A funding.

With its headquarters in Berlin, the company was established in 2022 and provides a proprietary software platform that facilitates connections between businesses and investors. The platform makes use of data to assist with making judgments on credit and the availability of financing. Using financing on re:cap, borrowers have the ability to borrow up to 5 million euros, which is equivalent to around $5.5 million, for a period of up to five years. In order to provide longer-term solutions, the company formed a partnership with HSBC Innovation Banking, which would later become the acquirer of SVB's European assets once the bank went out of business.

In recent years, debt-based lending through revenue-based financing has been a challenging model. This is because margins have been more constrained for businesses as a result of concerns regarding the possibility of a recession, rising inflation that has an impact on consumer spending, and increased interest rates.