SaaS Capital Provides Growth Funding to Privacy4Cars, PowersportsX, and InfoReady

CINCINNATI, SEATTLE, May 13, 2024 – SaaS Capital, the leading provider of growth debt to software-as-a-service (SaaS) companies, welcomes three new companies to its portfolio.

SaaS Capital lends $2M to $15M to B2B SaaS companies with $3M in ARR and up, registered and banked in the US, Canada, the UK, or Ireland. Companies do not need to be venture-backed, nor do they need to be profitable. The borrowing base formula is typically 5x to 8x monthly subscription revenue.

Privacy4Cars

• About: Privacy4Cars is the first and only privacy-tech company focused on the automotive ecosystem. Its mission, Driving Privacy, means leading research and building solutions that expand protections for individuals and companies alike, by focusing on privacy, safety, security, and compliance.
• Learn more: privacy4cars.com

PowersportsX

• About: PSXDigital, a division of PowersportsX, LLC, is a leading digital marketing company committed to helping dealer-partners in the powersports, boat and RV industries succeed more profitably and with far more efficiency while delivering an amazing customer experience.
• Learn more: psxdigital.com

InfoReady

• About: InfoReady is a leading provider of no-code digital workflow automation platform used to manage forms, routing, and review processes for higher education’s submission and approval processes. Its software is widely used across over 200 campuses to manage competitions and opportunities for funding, awards, approvals, and much more.
• Learn more: inforeadycorp.com

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.