🚀 tranch: Non-Dilutive Cash for Startups

Raise money but don't give up equity

November 17, 2022

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:

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 EntrepreneursPhilip Kelvin (Founder, CEO), Beau Allison (Founder, CTO)

🔍 Why we like it

  1. ⚡️ Startups move fast, so does tranchMost 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 optionImagine 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

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