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May 31, 2024

Issue 10: re:cap closes Series A, launches re:cap Institutional and Cash Insights

re:cap closes Series A, launches re:cap Institutional and Cash Insights

When re:cap started in 2021, our mission was clear: we want to be the gateway between businesses and investors, empowering them to navigate the financial landscape with insights and guidance.Today, we're taking another big step to fortify this mission. We are thrilled to share three major updates with you:

  1. We closed our Series A and secured €13.5m of equity funding.
  2. We are releasing re:cap Institutional and now offer our underwriting and monitoring platform to investors.
  3. We are launching Cash Insights and make our cash management software accessible to any company.

How do those updates complement each other?

Our Series A marks the beginning of our strategic expansion into the institutional investor sector. With re:cap Institutional, investors get access to our proprietary software platform which opens up a new range of real-time business data sources to enrich decision-making and portfolio management. With Cash Insights, businesses can get a clear view on all things cash and assess their liquidity.

Since day one, we have been committed to realizing our vision of bringing together companies seeking financing with investors in need of a tech platform to support their financing activities. Both should share the same view on financial analysis. We cut through complexity and establish a basis of understanding for everyone involved.

Read the press release or find a TL;DR on each update below.

What you need to know

re:cap closes €13.5M Series A

The Series A was led by our existing investors Entrée Capital, Felix Capital and Project A. With it, we'll keep expanding our alternative financing business and scale our software platform. Read the news.

Introducing re:cap Institutional

re:cap Institutional re:cap's own underwriting and monitoring platform. Investors get analyses of real-time data to enhance their financial decision-making and risk management. Read the blog article.

Introducing Cash Insights

Cash Insights is a cash management software for businesses. Companies get clarity across their bank accounts, can pinpoint potential cash gaps, and access real-time profitability insights. Read the blog article.