United Kingdom · Financial services startup

Vitt

Vitt is a financial services company that specializes in non-dilutive, revenue-based financing for SaaS companies, primarily in the UK and Germany.

Funding reportedLast round: Seed

Financial servicesLondon, United Kingdom

About Vitt

Vitt is a financial services company that specializes in non-dilutive, revenue-based financing for SaaS companies, primarily in the UK and Germany.

It offers upfront capital of up to 100% of a SaaS company's Monthly Recurring Revenue (MRR). This allows businesses to grow without equity dilution or traditional debt. Vitt uses a proprietary data model for rapid underwriting based on key SaaS metrics like Annual Recurring Revenue (ARR), churn, and growth rates. The company's main offering is Revenue-Based Financing (RBF), which provides immediate capital in exchange for a flexible percentage of future recurring revenue. This model allows for repayments that adjust according to the company's performance, with decisions made quickly through streamlined financial data analysis. Additionally, Vitt has introduced Vitt Treasury, a cash management solution that helps SaaS startups earn returns on idle cash while complementing their financing options. Vitt aims to become a fully digital investment bank for the SaaS industry, focusing on efficient funding and strong financial partnerships.

What company datasets say Vitt raised

Funding, as reported

Reported in all16.1Min the source's currency
Rounds2
Last roundSeed
Last round size1.1M
Last round dateDec 2023
Investors listed9

The company, in detail

What they build

Known for

information technology & servicesfinancial servicesfintechstartupstreasuryfinance technology

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Sector
Financial services
Industry code
NAICS 522299
Region
England
Revenue
1.2M a year, as listed
Full record
Every detail in the company directory

Financial services in United Kingdom

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