SaaS Capital adds Xima Software, Da Vinci WMS, and Seerist to growth-debt portfolio
What's the deal? SaaS CapitalDealroom has a profile for this one. Try Dealroom → has provided growth debt to three new portfolio companies: Xima SoftwareDealroom has a profile for this one. Try Dealroom →, Da Vinci WMSDealroom has a profile for this one. Try Dealroom →, and SeeristDealroom has a profile for this one. Try Dealroom →. The lender announced the additions on August 21, 2026.
Who are the borrowers? Xima runs an AI-powered platform for customer service centers, serving thousands of mid-market customers in regulated industries such as healthcare, financial services, and transportation. Da Vinci WMS builds cloud-native warehouse management software for businesses and third-party logistics providers. Seerist offers threat and risk intelligence, combining real-time monitoring, AI-powered risk detection, and human analysis.
What are the terms? SaaS Capital lends $2M to $15M to B2B SaaS companies with at least $3M in annual recurring revenue, based in the US, Canada, the UK, or Ireland. Borrowers do not need to be venture-backed or profitable; the borrowing base is typically 5x to 8x monthly subscription revenue.
Why debt? The firm pitches growth debt as committed funding that avoids the loss of control tied to selling equity. It says it was the first to offer lending to SaaS businesses based on future recurring revenue.
The signal: Since 2007, SaaS Capital has committed more than $375 million across 110-plus clients, a track record it links to over $2 billion in enterprise value created. The three new deals show continued appetite for revenue-based lending as an alternative to dilutive equity rounds.
Read more: saas-capital.com
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