Founderpath, a Texas-based fintech that helps bootstrapped B2B software-as-a-service (SaaS) founders access capital, has raised $145 million in debt and equity funding. On the debt side, Singh Capital Partners (SCP) and Coromandel Capital led the round, while Forbright Bank led the round on the equity side. According to Founderpath, the money will allow it to keep giving “non-dilutive” financing to new B2B SaaS companies so they can grow to at least $10 million in revenue without having to sell equity.
Founderpath bags $145m to fund bootstrapped SaaS ventures
