# Pipe: Financial services, San Francisco, United States > Pipe: Pipe is a financial technology company that specializes in non-dilutive, revenue-based financing for businesses with recurring revenue streams... Source: https://millionrounds.com/startup/pipe-2 (Millionrounds; every figure on the page links to its filing or article) United States · [Financial services startup](https://millionrounds.com/companies) # Pipe Pipe is a financial technology company that specializes in non-dilutive, revenue-based financing for businesses with recurring revenue streams, particularly in the SaaS and cloud service sectors. Funding reported Last round: Debt financing Financial services San Francisco, United States Company summary - **Founded:** 2019 7 years old - **Team:** 430 201 to 1,000 people - **Funding reported:** $423M in dollars - **Last round:** Debt financing Jun 2024 How sure we are - ✓ **Listed** We know it exists and what it does - 2 **Funding reported** A company dataset reports a raise - 3 **Observed** A filing or a dated announcement confirms a round No round for Pipe has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology) ## About Pipe Pipe is a financial technology company that specializes in non-dilutive, revenue-based financing for businesses with recurring revenue streams, particularly in the SaaS and cloud service sectors. Founded in September 2019 and headquartered in San Francisco, California, with an additional office in Miami, Pipe offers a trading platform that allows businesses to convert future recurring revenue into immediate capital without giving up equity or incurring debt. The platform integrates with accounting and ERP systems through APIs, enabling businesses to assess risk and secure funding based on real-time performance data. Pipe serves B2B and SaaS companies that generate predictable revenue, providing them with flexible capital solutions to support growth and operational scaling. The company charges trading fees when revenue streams are exchanged, positioning itself as a cash flow operating partner that emphasizes accessibility and transparency in financing. ## What company datasets say Pipe raised Funding, as reported Reported in all **$423M** in dollars Rounds **11** Last round **Debt financing** Last round size **$125M** Last round date **Jun 2024** Investors listed **68** ## Founders and team From Pipe's own website: 5 on the team. - **Claurelle Rakipovic** Chief Executive Officer - **Jin Han** Chief Administrative Officer - **Nate Wiger** Chief Product & Technology Officer - **Vijay Vachani** Chief Operating Officer - **Anna Moghaddam** VP, Head of People ## On 12 portfolio pages Investors who name them - [Mad'a Investment Company](https://millionrounds.com/fund/mad-a-investment-company) - [Weekend Fund](https://millionrounds.com/fund/weekend-fund) - [Fika Ventures](https://millionrounds.com/fund/fika-ventures) - [Shrug Capital](https://millionrounds.com/fund/shrug-capital) - [Ground Up Ventures](https://millionrounds.com/fund/ground-up-ventures) - [Enabling Future](https://millionrounds.com/fund/enabling-future) - [Leyden Ventures](https://millionrounds.com/fund/leyden-ventures) - [Rosecliff Ventures](https://millionrounds.com/fund/rosecliff) - [MaC Venture Capital](https://millionrounds.com/fund/mac-venture-capital) - [Inertia Ventures](https://millionrounds.com/fund/inertia-ventures) - [Founders Circle Capital](https://millionrounds.com/fund/founders-circle-capital) - [1/1 Capital](https://millionrounds.com/fund/1-1-capital) Each firm lists Pipe on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source. ## The company, in detail What they build Known for developer-friendly cash back programs merchant cash advance white-label solutions consumers real-time data capital access low-code banking compliance support saas integration enterprises transaction processing business card issuing information technology & services b2b saas integration spend management Built with from their website Adobe Google Tag Manager WordPress.org Atlassian Google Cloud Google Workspace CloudFlare Viewport Meta Emotion dc.js +8 more Google Cloud BigQuery Hubspot PostgreSQL webpack OpenAI Apple Business Manager Google Meet CloudFlare CDN - **Sector:** Financial services - **Industry code:** NAICS 54151, 522299, 513210, SIC 7375 - **Region:** California - **Revenue:** $42M a year, as listed - **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/pipe) ## Financial services in United States Startups like it - [**Kalshi** New York · founded 2019 *Raised*](https://millionrounds.com/company/kalshi) - [**Temporal** founded 2022 *Raised*](https://millionrounds.com/company/temporal) - [**Vestwell** New York · founded 2016 *Raised*](https://millionrounds.com/company/vestwell) - [**C2FO** Kansas City · founded 2008 *Raised*](https://millionrounds.com/company/c2fo) - [**Yieldstreet** New York · founded 2015 *Raised*](https://millionrounds.com/company/yieldstreet) - [**Flutterwave** San Francisco · founded 2016 *Raised*](https://millionrounds.com/company/flutterwave) - [**Corgi** San Francisco · founded 2024 *Raised*](https://millionrounds.com/company/corgi) - [**Alpaca** San Mateo · founded 2017 *Raised*](https://millionrounds.com/company/alpaca) ## Is this your company? 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