Capchase raises $200M to transform vendor financing with AI that approves loans in 30 seconds

Capchase Secures Major Funding to Scale AI-Powered Lending Platform

Capchase, the New York-based vendor financing startup, has raised over $200 million in new funding to expand its embedded lending infrastructure across global markets 1

1

2

2

. The round consists of $26 million in equity and a $174 million credit facility, with 01 Advisors leading the investment alongside Caffeinated Capital, Thomvest Ventures, Scifi VC, Bling Capital, and Invesco 2

2

. This marks the company's largest funding round to date and represents a valuation step up from its 2021 $80 million Series B, when Capchase had raised more than $400 million in debt and equity funding combined 2

2

.

Addressing Critical Friction in B2B Sales Cycles

The AI-powered vendor financing platform tackles a persistent challenge in enterprise technology sales. When buyers want to purchase cybersecurity software, networking hardware, or other large technology products, deals frequently stall because CFOs need to preserve cash or wait for budget cycles 1

1

. Capchase embeds financing options directly into vendor sales workflows, transforming weeks of back-and-forth with traditional lenders into near-instant approvals. The platform functions as both the lender and the lending infrastructure, combining capital provision with software speed 1

1

.

Rather than forcing a buyer to pay $1 million upfront in 30 days, Capchase allows sales representatives to offer flexible payment terms such as $15,000 per month for up to five years. When the deal is signed, Capchase pays the vendor the full amount upfront, net of a financing fee 2

2

. This B2B buy now pay later platform addresses what Miguel Fernandez, co-founder and CEO of Capchase, describes as market dynamics driven by high interest rates: "Buyers wanted to pay as late as possible and pay installments" 2

2

.

Real-Time Automation Replaces Legacy Workflows

Capchase claims 97% of its lending applications are vetted and approved in under 30 seconds 1

1

. That speed comes from building the platform natively inside Salesforce, where most enterprise sales teams already operate. Traditional financing approvals often require email-driven processes that take four to 17 days, but Capchase compresses that timeline into seconds using machine learning and AI agents .

The company recently launched its Agentic Lending Coordinator, an AI agent that collects quotes, purchase orders, emails, and other documents, then converts them into executable loan packages 1

1

. It manages multi-party collaboration between vendors, channel partners, and buyers from package review through signing. Since the beta launch, the tool has compressed an eight-hour process into 60-second automation 1

1

. An "order generation agent" parses uploaded quotes or purchase orders to create flexible payment links in under 60 seconds, while an AI email agent automatically handles coordination between vendors, resellers, and buyers without human intervention 2

2

.

Impressive Growth and Enterprise Expansion

The pivot from revenue-based financing for SaaS companies to vendor financing has driven substantial momentum. Capchase reports 400% growth over the past 12 months and forecasts another 200% growth in the upcoming year 2

2

. The workforce has expanded to 75 employees, up from 50 a year ago 2

2

.

The company has moved decisively upmarket into the enterprise space. "In the past 24 months, we went from serving vendors in the tens of millions of revenue to in the last 12 months in the hundreds of millions in revenue, and now in the multiple billions of revenue," Fernandez told Crunchbase News 2

2

. The average buyer utilizing Capchase has roughly $80 million in annual revenue, has been operating for over 20 years, and is profitable 2

2

.

Capchase's customer roster includes Barracuda Networks for subscription financing through its partner channel, CDW and Insight (the two largest IT solution providers in North America) for multi-party enterprise deals, and MicroAge for mid-market segment financing through the reseller channel 1

1

. Other customers include Verkada, Motive, Okta, Datarails, Netradyne, and Palo Alto Networks 1

1

2

2

.

Strategic Moves and Global Expansion Plans

Founded in 2020, Capchase initially focused on providing non-dilutive growth capital to recurring-revenue startups before pivoting by late 2022 to vendor financing technology 1

1

2

2

. The company has entirely discontinued its revenue-based financing operations 2

2

. In June 2025, it acquired Vartana, a competing vendor financing platform, to consolidate its position and accelerate its product roadmap 1

1

.

The new capital will primarily support global expansion beyond North America into European markets including the U.K., Ireland, Belgium, Netherlands, and the Nordics 2

2

. The $1.3 trillion vendor financing market has historically been dominated by banks and legacy lenders relying on multi-thread email chains and manual document review for underwriting 1

1

. For enterprise technology vendors, that friction translates directly into lost revenue as deals requiring financing take longer to close or never close at all.

Fernandez emphasizes the competitive advantage: "What makes us different is that we are both the lender and the technology. And AI is what makes the combination work at the speed enterprise tech sales demands" 2

2

. As AI agents increasingly handle purchasing decisions and transactions, the ability to offer instant financing becomes critical. If an AI agent is negotiating a deal, it cannot wait days for traditional bank approvals to accelerate B2B sales cycles 1

1

.