Efficient Capital Labs raised $11 million in a Series A funding led by undisclosed investors to expand cross-border revenue-based financing.

Aug 21, 2024•12 months ago

Amount Raised

$11 Million

Round Type

series a

New York

Description

Efficient Capital Labs has successfully raised $11 million in its Series A funding round. The investment will be used to enhance their cross-border revenue-based financing offerings.

Company Information

Company

Efficient Capital Labs

Location

New York, United States

About

Founded in 2022, Efficient Capital Labs is a New York headquartered fintech that provides non-dilutive capital to B2B SaaS companies operating in the South Asia-US corridor - i.e., companies that generate a majority of their revenues from the US or North American market while maintaining a significant part of their technology, product development, and operations teams in South Asia. Efficient Capital Labs provides revenue-based financing to its clients and deploys capital out of its own balance sheet. To learn more about Efficient Capital Labs please visit: https://www.ecaplabs.com.

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