Pipe aims to provide companies that have recurring revenue streams “access to capital so they don’t dilute their ownership by accepting external capital or get forced to take out loans,” according to the article. The latest round was spearheaded by Greenspring Associates, and it also included participation from Counterpoint Global, CreditEase FinTech Investment Fund, 3L, Fin VC, SBI Investment and other investors that participated in previous rounds.
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Pipe, Which Aims to Be 'Nasdaq for Revenue,' Now Valued at $2B
Pipe raised $250 million in a recent funding round and now boasts a $2 billion valuation, says the company’s co-CEO and founder. So reports TechCrunch.
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