Insider Brief
- SaaS Capital closed its $100M Fund V to expand non-dilutive growth debt for subscription AI and software (SaaS) businesses.
- The firm provides flexible, multi-year funding facilities for B2B companies with recurring revenue of at least $3M ARR, supporting sales, product, and working capital needs.
- Fund V extends SaaS Capital’s data-driven lending model to serve emerging AI subscription firms while continuing to back traditional SaaS companies seeking efficient, founder-friendly capital.
PRESS RELEASE — SaaS Capital, the leading provider of growth debt for recurring-revenue software businesses, announced the closing of SaaS Capital Fund V, LP, totaling $100 million. The new fund enables SaaS Capital to expand its support for “Subscription AI and Software” (SaaS) businesses with non-dilutive, flexible capital.
“Founder-friendly, flexible growth debt has helped hundreds of recurring-revenue companies scale efficiently while preserving control,” said Rob Belcher, Managing Director at SaaS Capital. “With Fund V, we can now support an important next wave: subscription AI application companies building durable, recurring revenue technology businesses alongside traditional SaaS. Our goal is to provide committed, right-sized facilities that adapt to growth, reduce financing friction, and lower the overall cost of capital.”
Fund V will continue SaaS Capital’s strategy of providing committed, multi-year growth debt facilities to companies with meaningful recurring revenue, enabling investments in sales and marketing, product development, acquisitions, and working capital. The firm will maintain its focus on business-to-business (B2B) companies with at least $3 million in annualized recurring subscription revenue, whether they are bootstrapped independents or backed by equity investors.
“SaaS Capital has always focused on pragmatic, data-driven credit for recurring-revenue companies,” said Randall Lucas, Managing Director at SaaS Capital. “Fund V extends that approach to serve the growing number of teams productizing AI into subscription applications, while we continue to back the core SaaS market. The through-line is the same: align with founders on efficient growth, protect optionality, and deliver capital that works with, not against, the operating plan.”
For more information, visit www.saas-capital.com.
About SaaS Capital
SaaS Capital is the leading provider of growth debt designed explicitly for B2B SaaS and subscription AI application companies. SaaS Capital’s growth debt is structured to provide a significant source of committed funding, deployment flexibility, and lower overall cost of capital, all while avoiding the loss of control associated with selling equity. SaaS Capital was the first to offer lending alternatives to SaaS businesses based on their future recurring revenue. Since 2007, SaaS Capital has committed more than $375 million in growth debt facilities to deliver better outcomes for more than 120 clients, resulting in more than $2 billion in total enterprise value created. Visit www.saas-capital.com to learn more.
SaaS Capital lends $2M to $15M to B2B Subscription AI and Software (SaaS) companies with $3M in ARR and up, registered and banked in the U.S., Canada, Ireland, or the U.K. Companies do not need to be venture-backed, nor do they need to be profitable. The borrowing base formula is typically 5x to 8x monthly subscription revenue.
Contact
Rob Belcher
rbelcher@saas-capital.com
303–870–9529
