What is Silvr?
Silvr operates within the fintech industry, specializing in Revenue Based Financing (RBF). This innovative model provides online businesses, particularly those unable to secure traditional bank loans, with fast access to equity capital. Unlike conventional debt financing, Silvr's RBF approach allows entrepreneurs to retain full ownership of their companies while making repayments that are directly proportional to their turnover. This method is crucial for businesses seeking growth capital without diluting their equity.
How much funding has Silvr raised?
Silvr has raised a total of $149M across 1 funding round:
Series A
$149M
Series A (2022): $149M with participation from Eurazeo, Bpifrance, and XAnge
Key Investors in Silvr
Eurazeo
Eurazeo is a global investment company with a strong presence in private equity and venture capital, supporting companies of all sizes in their development with deep sector expertise and a gateway to global markets.
Bpifrance
Bpifrance is a French public investment bank that finances companies across all stages of development, offering credit, guarantees, and equity, while also supporting innovation and international expansion.
XAnge
XAnge is a European early-stage venture capital firm with significant AUM and a track record of backing transformative startups from Seed to Series B, focusing on capital and expertise to drive global scaling.
What's next for Silvr?
The recent major strategic investment indicates Silvr is likely in a scaling phase, aiming to expand its RBF offerings and reach a broader market of online entrepreneurs. This funding will probably be directed towards enhancing its platform, increasing its capital pool for lending, and potentially exploring new geographic markets or business verticals. The company's focus on providing flexible financing solutions positions it for continued growth in the alternative lending space.
See full Silvr company page
