Requr, a new SaaS (Software-as-a-Service) finance platform, has raised €5 million in a seed round from a group of experienced investors.
With the money raised via Requr, companies can achieve growth, expand internationally, or make acquisitions-- all without the negative impact of non-strategic dilution.
Company: Requr
Raised: €5.0M
Round: Seed Round
Funding Month: August 2021
Lead Investors: a group of experienced investors
Additional Investors:
Company Website: https://www.requr.io/
Software Category: SaaS (Software-as-a-Service) finance platform
About the Company: Requr is a new financing platform for SaaS companies to help founders grow their business without dilution, by turning their predictable recurring revenue into upfront capital. The current way of raising growth capital takes a lot of time and distracts from the core business. With Requr, companies can achieve growth without the negative impact of non-strategic dilution. The company is targeting SaaS companies in continental Europe that realize more than €20,000 in monthly recurring revenue. Requr was founded by Tom van Wees, Lennard Kooy, and Martijn Niessen.
Source: https://www.finextra.com/pressarticle/89042/saas-financing-platform-requr-raises-5-million