Levenue is a revenue-based financing platform that enables businesses with recurring revenue to access upfront capital by leveraging a portion of their future Annual Recurring Revenue (ARR). This approach provides non-dilutive funding for working capital and growth initiatives, allowing companies to maintain control while receiving immediate financial support.
Funding
$8.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses with recurring revenue streams struggle to access capital without diluting ownership or incurring traditional debt. These companies often need funding for working capital and growth initiatives but lack readily available options tailored to their revenue model.
Solution
Levenue provides revenue-based financing, enabling businesses with recurring revenue to access upfront capital by leveraging a portion of their future Annual Recurring Revenue (ARR). Companies can receive up to 35% of their future ARR upfront, providing non-dilutive funding for growth. The platform offers a quick and secure sign-up process, assessing eligibility in under 48 hours. Repayment occurs through fixed monthly installments over 12 months, with financing capacity potentially increasing based on company growth.
Target Audience
Levenue primarily targets subscription-based or SaaS companies with a legal entity within a European country where Levenue operates, demonstrating over 12 months of revenue history, and maintaining a Monthly Recurring Revenue (MRR) exceeding €30,000.
Features
- Eligibility assessment based on Monthly Recurring Revenue (MRR), cash runway, and monthly growth
- Access to funding up to 35% of Annual Recurring Revenue (ARR)
- Repayment through fixed monthly installments over a 12-month period
- Potential for increased financing capacity based on company growth
- Securely connects to bank, accounting, and revenue data for application processing
- Transparent financing with no hidden fees