🚀 tranch: Non-Dilutive Cash for Startups

Raise money but don't give up equity

Fast growing businesses are often strapped for capital and need rapid ways to pull together liquidity - tranch is building a a solution to address this need. Let's jump into the tranch!

⚾ The Elevator Pitch:

When your business needs working capital, any form of liquidity is welcome. For example, during the pandemic, Airbnb suffered a massive reduction in bookings and had to take out 10% debt financing to continue operating. tranch is building a similar, flexible fundraising solution for smaller scale companies.

With tranch, founders can fund their growth by spreading invoices under $250k over 3 to 12 months. Sign up is a fast (< 2 minutes) and funds are allocated just as quickly (within 24 hours). tranch also has inbuilt expense management, credit lines, and is backed by leading investors (YC and GFC to name two).

👇 The Drop Down:

Site: https://tranch.com/

Founded: 2021

Stage: Pre-Seed

Tech Trend: Fintech, SaaS

Traction: Funded by YC, GFC, Flash Ventures, Already powering several startups, full fledged accounting + expense management solution

Team: Engineering Leaders and serial Entrepreneurs
Philip Kelvin (Founder, CEO), Beau Allison (Founder, CTO)

🔍 Why we like it

1. ⚡️ Startups move fast, so does tranch
   Most financing options that are similar to tranch work in the range of 2-3 weeks. tranch delivers financing in less than 24 hours. We find this to be a significant value prop because startups often don't have 2-3 weeks worth of runway left when they need this type of capital.

2. 💥 Non-dilutive capital option
   Imagine a startup worth $100mil and in need for $10mil in additional capital. If they raised equity, they would need to give up 10% of their company (which could be worth $100mil if the startup 10x-ed in the next couple years). On the other hand, if they took $10mil in the form of debt with a 20% annual interest accrual, they would owe ~$20mil. Almost $80mil worth of value saved.
   
   In other words, if a startup is bullish on their own success, sometimes taking debt is a better option than giving up equity when raising capital. tranch is offering that option.

🤝 Get Involved with tranch

• Check out their website

• Learn about use cases

• Check out their list of top SaaS tools

Businesses need cash to operate, and often have trouble getting it when they need it. tranch offers this cash unlock which was previously unavailable.