The Rio innovation group brings founders, corporations and investors into the same room. Its move into venture debt reveals what happens when a startup grows, but the investor still cannot cash out.
Founders need investors. Investors need investors of their own. Mountside Ventures has built a fundraising business around the awkward fact that both sides could use some help.
Private credit funds hire someone to administer their loans, then keep another ledger to check the work. Hypercore is building a business around making that second job unnecessary.
The Austin lender looks past the software pitch and into the pile of loans, contracts and policies underneath it. That focus has helped Tacora turn a quiet corner of venture finance into a roughly $1.4 billion platform.
Golden Section has built a $110 million platform around a contrarian SaaS idea: founders can grow, professionalize and sell well without surrendering the company one priced round at a time.
Mercury is a San Francisco fintech that builds banking and financial software for startups and growth-stage companies. Through partner banks, it offers FDIC-insured checking and savings, corporate cards, treasury, venture debt, bill pay, and an API - aimed at founders who would rather not call a branch manager.