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Debt & Specialty Finance
FINANCE
saas-capital.com

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Investments

74

Portfolio Exits

26

Funds

4

Partners & Customers

2

Service Providers

2

About SaaS Capital

SaaS Capital is a provider of debt-based growth capital for SaaS companies. By leveraging the predictable revenue streams of the SaaS business model, SaaS Capital allows companies to use debt instead of equity to fund investments in sales, marketing, and new product development. SaaS Capital's line of credit approach combines more availability and longer terms, with more flexible drawdown and repayment, versus other lenders in the market. Through its partnership with DH Capital, SaaS Capital can also assist with a variety of M&A and capital raising advisory services.

SaaS Capital Headquarters Location

250 East 5th Street Suite 1100

Cincinnati, Ohio, 45202,

United States

513-368-4814

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SaaS Capital Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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SaaS Capital Rank

Latest SaaS Capital News

Crain's Cleveland Business River SaaS Capital invests in Arizona cybersecurity firm Cytellix

Jun 1, 2022

River SaaS Capital , a provider of venture debt financing, has announced an investment in Arizona-based cybersecurity firm Cytellix Corp. that will help support the firm's growth. River SaaS said it has agreed to provide up to $5 million in financing to Cytellix to help sell its patented cybersecurity SaaS platform. According to the company, Cytellix launched in 2017 as the cyber division of Information Management Resources Inc. of Aliso Viejo, California, before being spun out in 2021 and rebranded. "As we searched for a partner to provide growth capital, we were immediately attracted to River SaaS Capital because of their knowledge in our space," said Cytellix president and CEO Brian Berger in a statement. "They understand how SaaS businesses like ours operate and how to provide the kind of flexible support we need to scale rapidly." Here's how River SaaS describes the company: Cytellix's patented SaaS platform correlates cyber compliance data, IT, cloud and IOT assets into a 24/7 advanced threat detection and response platform. Combined with in-house AI solutions and data from third-party security products, the platform can be customized to fit the needs of virtually any user, from small business owners to massive enterprise clients. "We are very excited to welcome Cytellix to our portfolio," said River SaaS chief investment officer Wendy Jarchow in a statement. "There are very few companies capable of combining such strong SaaS expertise with decades of proven cybersecurity experience." River SaaS is a subsidiary of Westlake's River Capital Finance that launched in spring 2016 and targets growing software-as-a-service companies. Jarchow told Crain's in the pas t that the company primarily targets borrowers with a minimum of approximately $150,000 in monthly recurring revenue.

SaaS Capital Investments

74 Investments

SaaS Capital has made 74 investments. Their latest investment was in ConnectALL as part of their Line of Credit on May 5, 2022.

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SaaS Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/16/2022

Line of Credit

ConnectALL

Yes

1

3/17/2022

Line of Credit

Wazoku

$2M

Yes

3

1/5/2022

Line of Credit

BluLogix

Yes

1

12/20/2021

Line of Credit

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$99M

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10

8/4/2021

Line of Credit

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$99M

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10

Date

5/16/2022

3/17/2022

1/5/2022

12/20/2021

8/4/2021

Round

Line of Credit

Line of Credit

Line of Credit

Line of Credit

Line of Credit

Company

ConnectALL

Wazoku

BluLogix

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Amount

$2M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

3

1

10

10

SaaS Capital Portfolio Exits

26 Portfolio Exits

SaaS Capital has 26 portfolio exits. Their latest portfolio exit was Intellect on March 08, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/8/2022

Acq - Fin

$99M

2

1/18/2022

Acquired

$99M

3

7/30/2021

Acquired

$99M

2

7/14/2021

Acquired

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$99M

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10

12/24/2020

Acquired

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$99M

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10

Date

3/8/2022

1/18/2022

7/30/2021

7/14/2021

12/24/2020

Exit

Acq - Fin

Acquired

Acquired

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

2

3

2

10

10

SaaS Capital Acquisitions

1 Acquisition

SaaS Capital acquired 1 company. Their latest acquisition was Dreadnought Capital on January 06, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/6/2022

$99M

Merger

1

Date

1/6/2022

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Merger

Sources

1

SaaS Capital Fund History

4 Fund Histories

SaaS Capital has 4 funds, including SaaS Capital Fund III.

Closing Date

Fund

Fund Type

Status

Amount

Sources

1/7/2022

SaaS Capital Fund III

$128M

4

2/4/2015

SaaS Capital Partners II

$99M

10

5/31/2012

SaaS Capital Partners I

$99M

10

SaaS Capital QP Fund III

10

Closing Date

1/7/2022

2/4/2015

5/31/2012

Fund

SaaS Capital Fund III

SaaS Capital Partners II

SaaS Capital Partners I

SaaS Capital QP Fund III

Fund Type

Status

Amount

$128M

$99M

$99M

Sources

4

10

10

10

SaaS Capital Partners & Customers

2 Partners and customers

SaaS Capital has 2 strategic partners and customers. SaaS Capital recently partnered with RedTail Solutions on June 6, 2016.

Date

Type

Business Partner

Country

News Snippet

Sources

6/7/2016

Partner

United States

RedTail Solutions Partners with SaaS Capital for Next Phase of Growth. SaaS Financing Pioneer Partners with Leading Electronic Data Interchange Platform.

`` We are pleased RedTail Solutions selected SaaS Capital , and are excited to see their next phase of growth . ''

1

6/6/2012

Partner

United States

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10

Date

6/7/2016

6/6/2012

Type

Partner

Partner

Business Partner

Country

United States

United States

News Snippet

RedTail Solutions Partners with SaaS Capital for Next Phase of Growth. SaaS Financing Pioneer Partners with Leading Electronic Data Interchange Platform.

`` We are pleased RedTail Solutions selected SaaS Capital , and are excited to see their next phase of growth . ''

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Sources

1

10

SaaS Capital Service Providers

2 Service Providers

SaaS Capital has 2 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Commercial Bank

General Business Banking

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Service Provider

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Associated Rounds

Provider Type

Commercial Bank

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Service Type

General Business Banking

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Partnership data by VentureSource

SaaS Capital Team

11 Team Members

SaaS Capital has 11 team members, including current Chief Financial Officer, Tobie Cook.

Name

Work History

Title

Status

Murray R Wilson

River Cities Capital Fund, and Blue Chip Venture Company

Founder

Current

Don Wright

Founder

Current

Tobie Cook

Walnut Group

Chief Financial Officer

Current

Brent Haswell

Chief Technology Officer

Current

Rob Belcher

Managing Director

Current

Name

Murray R Wilson

Don Wright

Tobie Cook

Brent Haswell

Rob Belcher

Work History

River Cities Capital Fund, and Blue Chip Venture Company

Walnut Group

Title

Founder

Founder

Chief Financial Officer

Chief Technology Officer

Managing Director

Status

Current

Current

Current

Current

Current

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