Key Details:

• Use of Proceeds: Growth capital / runway extension

• Industry: Software (SaaS)

• Loan Amount: $3,250,000 venture debt

• Commission Earned: $32k

• Time to Fund: <45 days

• State: California

Story:

A rapidly scaling B2B SaaS platform had recently closed a Seed round led by a well-known venture capital firm. Despite strong year-over-year revenue growth and expanding enterprise contracts, the company needed additional non-dilutive capital to extend runway, accelerate hiring, and increase product investment without immediately pursuing a Series A.

The company’s fractional CFO used GlassBox to submit the deal to our lending network. We verified the company’s contracted ARR, investor profile, burn rate, and growth metrics, formatted the deal to match venture debt lender requirements, and connected them with a top-tier venture debt fund known for supporting venture backed startups.

The lender structured a $3.25M venture debt facility with an interest-only period and flexible draw schedule, aligning with the company’s growth milestones. The deal closed in under 45 days, extending the company's cash runway by an additional 18 months—without requiring further equity dilution.

The fractional CFO earned a commission on the funded loan while continuing to guide the company’s capital strategy during its next growth phase.