Topic

Venture Debt

Lending to venture-backed companies that underwrites investor sponsorship, runway and equity value rather than profits or hard collateral.

Current clusters

invest2 distinct publishers

Scan.com funds its US imaging network with $130M of debt against a $165M run rate

Only $90M of the $220M raise is equity. The $130M of borrowing from VerisFi Capital and Atempo Growth is a claim about how predictable revenue already looks in a market still booked by fax.

Publishers:thesaasnews.comventureburn.com

Reality

Evidence34
Adoption62
Hype gap+22
Incentives78

invest1 distinct publisher

First Citizens retires the SVB brand that banked nearly half the US venture-backed startup base

The October rollout renames Innovation Banking, Fund Banking and SVB Go, promises that routing numbers and passwords are untouched, and says nothing at all about the advance rates or covenants operators hoped to read in it.

Publishers:saastr.com

Reality

Evidence57
Adoption31