On Wednesday, Berlin-based Tapline, a provider of non-dilutive financing to B2B SaaS and subscription companies, announced that it has secured €20M in a pre-Series A round in equity and debt.
The equity portion of the round was led by Karim Beshara, GP of A15 Venture Capital and Managing Partner of Accelero Capital, with participation from Antler, the most active early-stage VC in Europe, and several strategic business angels.
Tapline also secured a debt facility from WinYield to finance its debt portfolio in non-dilutive capital to SaaS and subscription businesses.
This new facility provides key advantages such as lower operational costs, Winyield complementary credit engine, credit transfer, and low equity capital requirements when growing the facility.
“We are thrilled to support Tapline’s next leg of growth with a bespoke debt facility providing lower cost of operations, new credit assessment functionalities, and credit risk transfer. This will allow Tapline to stay capital-light and focus on the development of its technology. Tapline is the first company of its sector adopting this setup.” says Fabricio Mercier, Director at WinYield.
Fund utilisation
The company will use the funds to scale its operations and expand its innovative platform in the DACH/CEE region with the MENA region. Currently, the company operates in Germany (HQ), Estonia, the Czech Republic, and Poland.
“With this new funding, we are set to address the liquidity gaps faced by SaaS and subscription businesses in today’s economic landscape. Our approach combines scalability with enhanced analytics and larger ticket sizes, empowering our clients to achieve sustainable growth,” said Dean Hastie, Co-founder and CEO of Tapline.
Tapline: Digital funding platform
Founded by Dean Hastie and Peter Grouev, Tapline provides SaaS and subscription companies with upfront cash based on future subscription payments.
“This flexible, non-dilutive funding helps businesses invest in growth, like expanding their team or boosting marketing while maintaining full control of their cap table,” says Dean Hastie in an interview with Silicon Canals.
Powered by AI-driven credit technology
The German company offers flexible funding solutions, allowing businesses to scale efficiently, leveraging AI.
“Tapline leverages advanced AI and large language models to enhance financial analytics, customer experience, and risk management. AI automatically categorises bank transactions into over 30 categories to generate standardised P&L statements and uses LLM-based tools to analyse subscription contracts and balance sheets in multiple languages,” explains Hastie.
Consequently, this approach improves accuracy and provides valuable insights for informed underwriting decisions and quicker access to capital for clients.
Companies with as little as €15K MRR can access funding up to €2M, making Tapline a partner for both early- and later-stage businesses.
Adopting capital-light business model
In an attempt to accelerate efficiency and scalability, the German company has adopted a capital-light business model.
Hastie explains: “Tapline’s capital-light model provides flexible, scalable subscription financing using AI-driven risk assessment for tailored pricing without equity or first-loss contributions. The lean approach eliminates the need for excessive capital reserves, enabling faster and more adaptable funding.”
In addition to non-dilutive financing, the company also provides advanced AI-powered analytics, offering clients actionable insights into their financial health, cash flow forecasting, and growth strategies.
Integrating AI in SaaS product
According to Hastie, in today’s macroeconomic environment, SaaS companies are increasingly integrating AI into their products to provide more personalised and cost-effective experiences.
This shift is leading to a transition from per-seat licensing to usage-based pricing models.
“We are well-positioned for this market shift with an adaptable credit underwriting approach tailored to these evolving revenue structures, ensuring businesses have access to the funding they need to thrive,” he adds.
Roadmap and growth projections
Moving forward, the company aims to innovate and expand its impact, bridging the gap between financial sustainability and growth for SaaS and subscription-based businesses across Europe.
Talking about the company’s growth projection, he says “Our key focus for 2025 is to continue to deploy in the 8-figure sums with the business to break-even in Q3 25’. This is our ultimate 2025 goal.”
“Over the next 2-3 years, we anticipate multimillion financing through new products, reaching nine figures across our target jurisdictions,” concludes Hastie.
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