Recurring-revenue venture debt
For companies with contracted or repeatable revenue and a visible service profile.
Technology · Venture debt
Technology venture debt
Runway, growth and equipment-linked debt for technology companies seeking USD 5m or more alongside institutional equity or recurring revenue.
The financing decision
Choose the structure around the operating reality
Venture debt works when the additional runway reaches a financeable milestone and the company can service or refinance the facility without depending on an unsupported future equity round.
We begin with the commercial objective, the amount and timing of capital, the evidence available and the authority to run the transaction. The resulting route can then be tested against realistic investor, lender or buyer criteria.
Typical uses of capital
- Runway extension between equity rounds
- Growth investment with limited dilution
- Equipment, compute or deployment assets
- Acquisition or working-capital bridge
Decision information
What counterparties will test
Technology evidence
- Cash runway and monthly burn
- Recurring revenue, gross margin and collections
- Existing investors and realistic follow-on capacity
- Milestone value and refinancing path
- Security, covenants, warrants and downside liquidity
Mandate readiness
- Funding requirement of USD 5m or more
- Clear ownership and decision authority
- Historical financial and operating information
- Defined use of funds and transaction timetable
- Management availability for diligence and negotiation
Structuring routes
Structures to evaluate
The route is selected after reviewing cash flows, control, security, dilution, timing and counterparty appetite.
Equity-sponsored runway facility
For companies backed by credible investors and funding a defined next milestone.
Asset or equipment-linked debt
For technology deployment supported by identifiable equipment or contracted use.
Execution
How the mandate progresses
- Model runway under base and downside cases
- Define milestone, repayment and refinancing paths
- Prepare revenue, investor and cash evidence
- Target venture lenders and private-credit providers
- Negotiate amortisation, covenants, security and equity-linked terms
The sequence is adapted to transaction readiness, confidentiality and the selected capital route.
Relevant live work
Current mandates in this market
Public mandate summaries are current at the website build date. Detailed information is available following counterparty qualification.
USD 5M
Digital banking / BaaS SaaS platform — venture debt
USD 300M
Mobility technology platform — structured debt raise
Questions, answered
Technology venture debt questions
Matchpoint considers venture-debt mandates from USD 5m upwards, subject to revenue, sponsor, runway and repayment evidence.
Institutional backing can strengthen a case. Some lenders focus more heavily on recurring revenue, assets or contracted cash flow.
Terms can include interest, fees, amortisation, covenants, security and warrants or other equity-linked participation.
Debt should be sized so base and downside cases retain a credible service, refinance or repayment path without creating an unmanageable maturity risk.
Discuss a technology venture debt mandate
Share your company, transaction type and approximate ticket size. A partner will review the fit for a USD 5m+ mandate.
