Recurring Capital Partners

Recurring Capital Partners (RCP), based in Austin, Texas, is a specialized financial institution providing non-dilutive growth capital to Software as a Service (SaaS) and other technology-driven companies operating on a recurring revenue model. Unlike traditional venture capital firms that take equity stakes, RCP offers debt financing solutions, allowing founders to retain full ownership and control of their businesses. This approach is particularly appealing to companies seeking capital for expansion without diluting their equity, making it a strategic alternative or complement to venture equity rounds.

The firm's focus is on established businesses with demonstrable recurring revenue streams, typically targeting companies with at least $1 million in Annual Recurring Revenue (ARR). RCP's financing is designed to be flexible, catering to various growth needs such as scaling operations, product development, market expansion, or bridging the gap between larger institutional funding rounds. Their debt solutions are structured to align with the predictable cash flows inherent in recurring revenue models, providing a stable and predictable source of capital for their portfolio companies.

Recurring Capital Partners typically provides initial funding ranging from $1 million up to and exceeding $10 million. This broad range allows them to support a diverse set of companies, from those just beginning to accelerate their growth to more mature businesses requiring substantial capital injections. By offering non-dilutive capital, RCP empowers entrepreneurs to maximize their returns upon exit, as they avoid giving up valuable equity in exchange for growth funding. Their expertise in the SaaS and recurring revenue space allows them to quickly understand and underwrite the unique financial dynamics of these businesses, facilitating efficient capital deployment.