Capchase raises $200M+ in debt and equity to bring AI-powered vendor financing to enterprise tech sales

Capchase wants to turn vendor financing into the next layer of enterprise sales infrastructure, and investors are betting big on that idea.

The New York startup announced Wednesday that it has secured more than $200 million in fresh funding, comprising debt warehouse facilities and equity from institutional investors. The AI fintech startup says the new capital will help it scale its embedded financing platform globally and deepen its focus on AI-driven lending tools for enterprise technology vendors.

The raise comes at a time when enterprise buyers are under growing pressure to preserve cash. Big software and hardware purchases that once moved through procurement teams with little friction now face tighter budget reviews, delayed approvals, and closer scrutiny from CFOs.

Capchase believes financing has shifted from a back-office function into a sales weapon.

The startup operates in the massive vendor-financing market, estimated at roughly $1.3 trillion globally. Traditional lenders have long dominated the space through processes built around spreadsheets, email chains, manual document reviews, and lengthy approval cycles. Capchase is trying to replace that workflow with software embedded directly inside sales systems like Salesforce.

Founded in 2020, Capchase is headquartered in New York with offices in San Francisco and Madrid. The company is backed by investors including QED, Invesco, Thomvest, and 01 Advisors.

How AI-enabled underwriting is shrinking enterprise lending from days to minutes

According to the company, 97% of lending applications on its platform are vetted and decisioned in under 30 seconds.

“For a cybersecurity company like Barracuda, the ability to offer customers flexible subscription financing, with and through our partner ecosystem — without the delays of traditional lenders — directly translates to faster deal cycles and stronger customer relationships. Capchase has become a genuine competitive advantage for our channel,” said Geoff Waters, CRO, Barracuda Networks

That speed has become increasingly valuable across enterprise tech sales, where delayed financing can stall deals for weeks or push customers to postpone purchases entirely.

Capchase says its platform sits in a different category from traditional banks and software-only financing providers. Banks control large pools of capital but often move slowly. Many embedded finance platforms supply software infrastructure but rely on third-party lenders behind the scenes.

“Traditional financing lenders have capital but lack technology, speed, and scale. By becoming both the lender and the infrastructure for vendor financing, we’re making it a growth lever for sales teams, rather than a bottleneck,” said Miguel Fernandez, CEO & Co-Founder, Capchase.

Capchase is attempting to combine both under one system by acting as lender and financing infrastructure provider at the same time.

The company says that model has helped it win customers away from legacy financing providers. The AI layer is becoming a central part of that pitch.

Why Fortune 500 tech companies are turning to Capchase

Capchase says its internal AI systems already handle underwriting, proposal generation, purchase order creation, and deal management tasks for Fortune 500 tech companies. On Wednesday, the company unveiled a new product called Agentic Lending Coordinator, an AI-native workflow system designed to automate the paperwork and coordination associated with enterprise financing deals.

The system collects quotes, purchase orders, emails, and related documents, then converts them into what the company describes as an executable loan package. It then coordinates communication and approvals among vendors, buyers, and channel partners through the signing process.

Capchase claims the tool can shrink an eight-hour process into roughly 60 seconds.

The company’s customer roster includes enterprise tech names like Barracuda, Okta, Verkada, CDW, Insight, Motive, Netradyne, and Datarails. Many of those deals involve multi-party enterprise sales where financing delays can directly affect revenue timing.