Archive for River SaaS Capital

River SaaS Capital Announces Its Newly Launched Equity Fund

Posted in Commentary with tags on May 6, 2024 by itnerd

River SaaS Capital provides alternative venture financing to growing software-as-a-service (SaaS) businesses. They offer fast, flexible financing solutions to qualified new borrowers. The company announced today its newly launched equity fund, TruWest Fund I. This new $50 million fund will invest in US-based B2B software-as-a-service businesses and act as a continuum of capital for high potential companies in River SaaS Capital’s venture debt portfolio.

This equity fund is the next step in River SaaS Capital’s investing strategy. In 2015, they launched as a provider of alternative venture financing to early-stage SaaS companies throughout the U.S. With the success of the venture debt fund, the team then started making direct equity investments in select portfolio companies in 2019. Now, with both River SaaS Capital’s venture debt offerings and equity capabilities, they’ll be able to offer multiple capital options to their portfolio at scale.

River SaaS Capital provides alternative venture financing to growing software-as-a-service (SaaS) businesses. We offer fast, flexible financing solutions, typically providing non-dilutive, revenue-based financing to qualified new borrowers in 36-48 month term loans and growing with our portfolio companies over time (via either debt and/or equity). To learn more, visit www.riversaascapital.com.