Vitt is a fintech company that provides non-dilutive financing to SaaS companies by converting their recurring revenues into upfront cash.
Vitt is building a platform that simplifies both fundraising for SaaS founders and creates a new asset class for investors to invest in. A SaaS company that has contracted revenue can apply for financing it upfront — rather than waiting for cash to come in monthly, through Vitt's web application they get the cash upfront.Vitt analyses their financial data and gives them a financing decision in a matter of minutes — not months. No more searching for intros to venture capitalists in your network. It shouldn't be about who you know but what you've built.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jan 12, 2022 | Pre-seed | $15M | 1 | Speedinvest | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Speedinvest | Yes | Pre-seed |