re:cap funding news – Berlin-based re:cap Secures $14.6 Million in Series A Round Funding

With the new funding, the company is positioned to further expand its successful alternative debt financing business and marketplace and to scale its software platform.

Paul Becker, co-founder and CEO of re:cap said, “Since day one, our mission has been to build a platform that connects businesses with investors, enabling better decision-making for providers of capital and better financing options for businesses. As a first step, we built an industry-leading debt financing product. In parallel we created a powerful software suite for both investors and businesses. Today, in conjunction with our Series A capital raise, we are announcing the general release of our investor SaaS platform re:cap Institutional and our cash flow software Cash Insights. It’s a great sign that our strong investor base is doubling down on this opportunity”.

‍The Series A along with the release of it’s software platform mark a crucial point in the company’s history. With re:cap Institutional, the company is offering a data-driven software platform for modern investors. re:cap Institutional is built on re:cap’s own underwriting and monitoring platform.

The platform was developed and continuously optimized using insights from over a thousand businesses and a multitude of real-time business data sources. With Cash Insights, which was previously only available in combination with alternative funding from it, the company is also launching a cash flow management software solution for businesses.

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‍The first customers using re:cap Institutional include London-based investment firms Avellinia Capital and Channel Capital. They use it's Institutional to monitor the cash flow of their portfolios in real time, automate data collection and processing, and set up smart early warning systems. Portfolio companies also benefit from the software.

It gives them access to an out-of-the-box solution for holistic cash management with features such as real-time cash flow monitoring, cash based profit and loss statements and insights into their profitability and runway.

Julian S. Schickel, Partner at Avellinia Capital said, “it’s platform allows us to identify potential constraints at our portfolio companies, which ultimately helps us to be better partners and investors. We have been impressed by the initial product and continuous improvements. The team has been exceptionally responsive and customer-focused”.

About re:cap

Founded in Berlin in 2021, tech company re:cap operates a financing and data insights platform. On the one hand, it uses this platform to provide alternative debt financing and insights to tech and services businesses in Germany and the Netherlands.

On the other hand, it Institutional is a decision-making platform for institutional investors, allowing them to turn data into game-changing insights for better financing decisions. It was founded by fintech experts Paul Becker (CEO) and Jonas Tebbe (CPO), who previously co-founded wealth tech pioneer LIQID.