SaaS Capital Provides $5.0 Million in Growth Funding to EveryoneSocial
December 20, 2021
CINCINNATI, SEATTLE, SALT LAKE CITY, December 20, 2021 – SaaS Capital, the leading provider of growth debt to software-as-a-service (SaaS) companies, today announced that it has provided a $5.0 million line of credit to EveryoneSocial.
“EveryoneSocial has seen consistent strong growth in the last two years and there are no signs of that slowing down, said Todd Kunsman, Director of Marketing at EveryoneSocial. “We are thrilled to be working with SaaS Capital to help us scale further and we know this will be a great partnership for us in the years to come!”
EveryoneSocial offers the leading employee advocacy platform. EveryoneSocial’s customers enable their people to leverage the power of social media at work to support sales, marketing, recruiting, and better improve employee engagement.
“We are pleased to announce that we have provided EveryoneSocial with a new $5.0 million credit facility,” said Steve Jaffee, Managing Director of SaaS Capital. “Our firm has watched EveryoneSocial grow rapidly with a laser focus on building the best-in-class platform to empower employees to become effective social communicators. We are honored that EveryoneSocial chose SaaS Capital as its financing partner to support their continued growth.”
EveryoneSocial is the leading employee advocacy platform (top-rated on G2) trusted by the world’s highest-performing organizations to best engage employees and empower marketing, sales, recruiting, and communications through social media. EveryoneSocial customers range in size from pre-IPO unicorns to Fortune 100 enterprises, spanning industries including high-tech, bio-pharmaceutical, telecommunications, financial and professional services, staffing, and real estate. Visit everyonesocial.com to learn more.
About SaaS Capital
SaaS Capital is the leading provider of growth debt designed explicitly for B2B SaaS companies. SaaS Capital’s growth debt is structured to provide a significant source of committed funding, deployment flexibility, and lower overall cost of capital, all while avoiding the loss of control associated with selling equity. SaaS Capital was the first to offer lending alternatives to SaaS businesses based on their future recurring revenue. Since 2007, SaaS Capital has deployed $234 million in growth debt to deliver better outcomes for 70+ clients, resulting in $983 million in total enterprise valuation created. Visit www.saas-capital.com to learn more.
Who Is SaaS Capital?
SaaS Capital® is the leading provider of long-term Credit Facilities to SaaS companies.Read More