SaaS Capital Provides $2.0 Million in Growth Funding to PAIRIN

CINCINNATI, SEATTLE, DENVER, August 29, 2023 – SaaS Capital, the leading provider of growth debt to software-as-a-service (SaaS) companies, today announced that it has provided a $2.0 million line of credit to PAIRIN, a Denver-based social impact technology company that uses case management, personalized workflows, and integrated data to serve organizations that connect individuals to education, careers, and resources.

“SaaS Capital was a great partner to help us expand into the next stage of our growth,” said Michael Simpson, CEO of PAIRIN. “The SaaS Capital team was easy to work with and helped us along every step of the way. This additional capital will allow us to leverage our learnings and knowledge from successes in California, Colorado, Virginia, Florida, and Washington D.C. to pursue an aggressive growth strategy,” Michael added.

“We are excited to welcome PAIRIN to the SaaS Capital portfolio,” said Steve Jaffee, Managing Director of SaaS Capital. “This committed credit facility is an affirmation of our belief in the way that PAIRIN seamlessly connects workforce needs with education programs for the benefit of students and career-seeking professionals. We are honored that PAIRIN chose SaaS Capital as its financing partner to support its continued growth.”

About PAIRIN

PAIRIN is a social impact technology company that is revolutionizing the way workforce and education intersect to foster a seamless, rewarding, and relevant journey for students and career-seeking professionals. Our science-based My Journey platform enables workforce programs, government, and educational organizations to more effectively deliver training, career guidance, skills development, and tailored community services through one easy-to-implement and simple-to-understand data integration and no-code workflow solution. PAIRIN was founded in 2012, is based in Denver, Colorado, and serves states, education, and workforce programs across the nation. Visit www.PAIRIN.com to learn more.

About SaaS Capital

SaaS Capital is the leading provider of growth debt designed explicitly for B2B SaaS 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 our 110+ clients, resulting in more than $2 billion in total enterprise value created. Visit www.saas-capital.com to learn more.