NEW YORK, Oct. 30, 2019 /PRNewswire/ — Capital, a New York-based provider of non-dilutive growth capital to fast-growing companies, today announced the launch of its online platform. Built to make the fundraising process more efficient, Capital gives entrepreneurs the ability to see their financing options and acquire funding in as little as one step. Starting today, Capital will fund over $100 million into companies through its automated investing solution called The Capital Machine, which underwrites a company’s financial data and delivers financing offers for $5 million to $50 million in less than 24 hours.
Technology companies have long been considered high-risk investments, limiting the options and control entrepreneurs have during the fundraising process. After seeing how much founders were giving up when raising venture dollars, Capital designed a place where companies can go to see the viable financing options for their business and acquire the most efficient funding to grow without giving up equity ownership. Capital’s first product, a modern venture debt alternative, replaces legacy offerings with larger checks, no warrants and no dilution for founders producing 2-9x more wealth for them at exit.