The startup operates a trading platform that transforms subscription-based revenues into tradable financial assets, enabling companies to access immediate capital without incurring debt or diluting equity. By selecting and trading these subscriptions, businesses can achieve stable income and equivalent returns, facilitating growth while maintaining ownership.
Funding
$54.3M 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.
BPFCWFounders
Product
Problem
SaaS and recurring revenue businesses often face challenges in accessing capital quickly and without diluting equity, hindering their ability to invest in growth opportunities. Traditional funding methods can be slow, cumbersome, and may require giving up a significant portion of company ownership.
Solution
Tapline provides a platform that enables SaaS and subscription-based companies to convert their future subscription revenues into immediate, non-dilutive capital. By connecting their subscription management and accounting software, businesses can select customer subscriptions to trade and receive funding within 48 hours. This allows companies to boost their runway, fix cash flow issues, and invest in areas like marketing, sales, and product development without incurring debt or sacrificing equity. Tapline also offers a free financial dashboard to help businesses monitor key financial metrics.
Target Audience
Tapline primarily serves SaaS, subscription-based, and recurring revenue businesses with at least €15,000 in monthly recurring revenue (MRR), as well as growth-stage companies.
Features
- Connects to existing subscription management and accounting software for seamless data integration
- Provides upfront capital based on a percentage of annual recurring revenue (ARR)
- Offers flexible financing contracts with 6 or 12 month repayment options
- Enables companies to trade selected customer subscriptions for immediate cash
- Provides a free financial dashboard for monitoring key business metrics
- Offers a calculator to estimate potential financing amounts
- Allows companies to swap contracts in case of customer churn