Based out of London, Uncapped is Europe’s first revenue-based finance provider, which lets founders raise growth capital sans compromising control over their business. Uncapped provides business advances without credit checks, personal guarantees, warrants, equity, or compounding interest.
Secures €22.6M funding
Uncapped just announced that it bagged $26M (nearly €22.6M) funding in a financing round – including debt and equity – led by Mouro Capital (the $400M (nearly €342.4M) successor fund of fintech specialist Santander InnoVentures). The other investors that participated in the financing round are Spanish VC fund All Iron Ventures, existing investors including Global Founders Capital, White Star Capital, and Seedcamp, and notable angel investors in Europe including Taavet Hinrikus (Transferwise) and Carlos González-Cadenas (GoCardless).