Company Details
Requr
Jekerstraat 10, Amsterdam, Noord-Holland, 1078 MC, The Netherlands
Overview
Requr provides upfront, non-dilutive capital to SaaS operators by advancing cash based on the annual value of monthly subscriptions. The firm uses a proprietary algorithm to calculate a SaaS company’s risk profile and set financing terms. Based on that risk analysis, investors can expect returns between 2 and 10 percent. Requr requires a minimum monthly recurring revenue stream of €20,000 to qualify. The company is initially targeting SaaS firms in continental Europe and has a major push into the Scandinavian market on its roadmap. It has raised €5 million from an unattributed group of experienced investors.
- Total raised
- $6M
- Funding rounds
- 1
- Latest round
- Seed
- Latest activity
- Aug 2021
Industries
- Internet
Recent funding
Seed
Aug 2021
$6M