Punching linea Berlin-based fintech startup that offers innovative financing solutions for SaaS and subscription-based businesses, has raised a €20 million pre-Series A round including both equity and debt.
This funding allows Tapline to expand its operations, expand its innovative platform and support the growth of SaaS businesses across Europe.
The equity portion of the round was led by Karim Beshara, GP of A15 Venture Capital and managing partner of Accelero Capital, with participation from Antler. Tapline has also secured a tailored debt facility from WinYield to fund its non-dilutive equity debt portfolio for SaaS and subscription businesses. This new facility offers various key benefits such as lower operational costs, Winyield top-up credit engine, credit transfer and low capital requirements when growing the facility.
“With this new funding, we are prepared to address the liquidity gaps facing SaaS and subscription businesses in today’s economic landscape. Our approach combines scalability with improved analytics and larger ticket sizes, enabling our customers to achieve sustainable growth.,” said Dean HastieCo-founder and CEO of Tapline.
Founded in 2021 by Dean Hastie and Peter Grouev, Tapline provides non-dilutive financing to B2B SaaS and subscription companies by pre-financing future receivables. Leveraging over 25 years of combined expertise in credit investing, venture capital and technology, aims to become a fintech leader in financing solutions for SaaS.
Powered by AI-driven lending technology, Tapline offers flexible financing solutions, enabling businesses to scale efficiently. Businesses with an MRR of as little as €15,000 can access funding of up to €2 million, potentially making Tapline an essential partner for early-stage and later-stage businesses.
Tapline also actively supports its customers in Germany, Estonia, Czech Republic and Poland, and further expansion plans will be announced soon. Driven by overwhelming demand for its solution, a robust credit model and multi-currency platform, Tapline is empowering SaaS businesses across Europe, cementing its role as a key partner in their growth journey.
Tapline has adopted a capital-light business model to drive efficiency and scalability, enabling the company to offer competitive pricing and unmatched flexibility. Alongside non-dilutive financing, Tapline’s platform provides advanced AI-driven analytics, giving clients actionable insights into their financial health, cash flow forecasts and growth strategies.
“We are delighted to support Tapline’s next stage of growth with a tailored credit facility offering a reduced cost of operation, new credit scoring features and transfer of credit risk. This will allow Tapline to remain capital light and focus on developing its technology. Tapline is the first company in its sector to adopt this configuration,” said Fabrice Mercierdirector at WinYield.