San Mateo California based Ratio is raising $411,000,000.00 in New Debt and Equity Financing.
San Mateo, CA – According to filings with the U.S. Securities and Exchange Commission, Ratio is raising $411,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Ashish Srimal played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Ratio
Ratio is a new kind of FinTech which combines financing, payments, predictive pricing and a frictionless quote to cash process into one platform for SaaS and technology companies. We are reinventing the way that recurring revenue businesses, starting with SaaS companies, accelerate sales and leverage capital to fuel growth. Ratio is democratizing how customers buy technology and how technology companies fund themselves by removing barriers to purchase and creating access to a new source of growth capital. Simultaneously, we are creating a new multi-trillion dollar fixed income asset class for investors. We currently offer two products to serve this market: a) Ratio Boost A fully integrated buy-now-pay-later (BNPL) payment and checkout product for SaaS and recurring revenue companies. Your customers are offered ultimate payment flexibility and a frictionless buying experience, while you still get paid upfront for each customer contract without discount or dilution. b) Ratio Trade A non-dilutive upfront capital solution for high growth SaaS and recurring revenue companies backed by their portfolio of contracts. No need for companies to discount or dilute for growth or working capital. No restrictive covenants and access to capital in days not months.
To learn more about Ratio, visit http://www.ratiotech.com/
Contact:
Ashish Srimal, Chief Executive Officer
408-508-4531
https://www.linkedin.com/in/ashishsrimal/
SOURCE: http://www.intelligence360.io
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