re:cap, a Berlin, Germany-based financing and data insights company, raised $14.6 million in Series A funding. 

The company also launched its proprietary software-as-a-service (SaaS) platform, re Institutional, and cash flow software, Cash Insights. 

Investors 

The round was led by Entrée Capital, with participation from existing shareholders Felix Capital and Project A.  

Founded in 2010, Entrée Capital is a global venture capital firm headquartered in Tel Aviv, Israel, with additional offices in London and New York. The firm manages $1.25 billion across nine funds. As a generalist venture capital firm, Entrée Capital specializes in a wide range of sectors, including Deep Tech, AI, Fintech, Cyber, and SaaS, providing support to innovative startups from pre-seed to growth stages. 

re:cap Use of Funds 

The company will use the funds to further expand its alternative debt financing business and marketplace and scale its software platform. 

About re:cap 

Founded in 2021, re:cap specializes in alternative debt financing and software solutions for investors and businesses. The company offers innovative financial products and software solutions designed to connect businesses with investors, facilitating better decision-making and providing enhanced financing options. The company recently launched two products: re Institutional, a data-driven software platform developed for modern investors, and Cash Insight, a cash flow management software solution for businesses. 

Funding Details                                

Company: re:cap Technologies GmbH 

Raised: $14.6M                                      

Round: Series A    

Funding Month: June 2024         

Lead Investors: Entrée Capital 

Additional Investors: Felix Capital, Project A 

Company Website: https://www.re-cap.com/  

Software Category: Financial and Data Insights  

Source: https://www.re-cap.com/press/re-cap-series-a-releases-saas-platform-investors-businesses