Pipe Raises $100M for Dilution-Free Funding, Targets Growth and Strategic Partnerships

Pipe secures $100M Credit Facility from Victory Park Capital

Pipe (Linkedin), a financial services company based in the United States, recently secured a $100M credit facility from Victory Park Capital. Their innovative capital platform offers dilution-free funding to small and medium-sized businesses, improving cash flow and supporting growth.

Funding Amount: $100 million (with potential to upsize to $200 million)

Industry: Financial Services

Employee Count: 51-200

CEO: Luke Voiles (CEO Linkedin)

What Pipe needs to buy: Pipe is seeking strategic partnerships with software vendors, payment companies, and other platforms to expand their reach and embed their capital platform. They also require marketing and sales support to target small and medium-sized businesses and potential partners. Additionally, investments in technology and infrastructure development are needed to improve their capital platform and ensure seamless integration with partner ecosystems.