01 Advisors led a $80m Series B round in Capchase.

01 Advisors, a venture capital firm, led a $80m Series B round in Capchase, a fintech company that helps SaaS companies finance the growth of their operations with cash tied up in future monthly payments, with participation from QED, Caffeinated Capital, Bling Capital, ScifiVC, Thomvest Ventures, Tusk Venture Partners, Invesco and Gaingels. "In this economic environment, founders need new choices when it comes to deciding how to fund their businesses. It's not a one-size-fits-all approach anymore and in just 18 months of operating, we've seen an incredible appetite for growth capital that's flexible, fast, and complimentary to traditional funding methods like venture capital. Our mission is to automate everything that touches our customers' finances, and this new round of funding will help us to launch additional products that enable founders to focus on what matters most: building and selling their product," Miguel Fernandez, Capchase Co-Founder and CEO.