SaaS Capital, the leading provider of growth debt for recurring-revenue software businesses, today announced the closing of SaaS Capital Fund V, LP, totaling 100 million. The new fund enables SaaS Capital to expand its support for Subscription AI and Software SaaS businesses with non-dilutive, flexible capital.
Founder-friendly, flexible growth debt has helped hundreds of recurring-revenue companies scale efficiently while preserving control, said Rob Belcher, Managing Director at SaaS Capital. With Fund V, we can now support an important next wave: subscription AI application companies building durable, recurring revenue technology businesses alongside traditional SaaS. Our goal is to provide committed, right-sized facilities that adapt to growth, reduce financing friction, and lower the overall cost of capital.
Fund V will continue SaaS Capitals strategy of providing committed, multi-year growth debt facilities to companies with meaningful recurring revenue, enabling investments in sales and marketing, product development, acquisitions, and working capital. The firm will maintain its focus on business-to-business B2B companies with at least 3 million in annualized recurring subscription revenue, whether they are bootstrapped independents or backed by equity investors.