![]()
SaaS Capital, the leading provider of growth debt for recurring-revenue software businesses, announced the closing of SaaS Capital Fund V, LP, totaling $100 million. The new fund enables SaaS Capital to expand its support for “Subscription AI and Software” (SaaS) businesses with non-dilutive, flexible capital.
“Founder-friendly, flexible growth debt has helped hundreds of recurring-revenue companies scale efficiently while preserving control,” said Rob Belcher, Managing Director at SaaS Capital. “With Fund V, we can now support an important next wave: subscription AI application companies building durable, recurring revenue technology businesses alongside traditional SaaS. Our goal is to provide committed, right-sized facilities that adapt to growth, reduce financing friction, and lower the overall cost of capital.”
Also Read:ย CIO Influence Interview with Liav Caspi, Co-Founder & CTO at Legit Security
Fund V will continue SaaS Capital’s strategy of providing committed, multi-year growth debt facilities to companies with meaningful recurring revenue, enabling investments in sales and marketing, product development, acquisitions, and working capital. The firm will maintain its focus on business-to-business (B2B) companies with at least $3 million in annualized recurring subscription revenue, whether they are bootstrapped independents or backed by equity investors.
“SaaS Capital has always focused on pragmatic, data-driven credit for recurring-revenue companies,” said Randall Lucas, Managing Director at SaaS Capital. “Fund V extends that approach to serve the growing number of teams productizing AI into subscription applications, while we continue to back the core SaaS market. The through-line is the same: align with founders on efficient growth, protect optionality, and deliver capital that works with, not against, the operating plan.”
Catch more CIO Insights:ย The CIO as AI Ethics Architect: Building Trust In The Algorithmic Enterprise
[To share your insights with us, please write toย psen@itechseries.com ]

