Uncapped has raised $80m in funding, led by Lakestar
Digital companies are becoming an increasingly crucial component to economic growth as the global economy transforms at such a rapid pace. Yet, whether it be banks asking for personal guarantees or a company unwilling to give away equity for venture capital, many digital entrepreneurs still struggle to finance their business. Uncapped is enabling founders of digitally led companies to overcome these impediments by providing them a fast, flexible and efficient method to access growth capital, only to be repaid once they generate revenue.
PIOTR PISARZ, CO-FOUNDER OF UNCAPPEDASHER ISMAIL, CO-FOUNDER OF UNCAPPEDNicolas Brand, Partner
Uncapped raised a $80 million combined funding round of debt and equity led by Lakestar to launch a wider suite of banking services tailored for digital businesses. In our latest founder series, Lakestar Partner Nicolas Brand talks to Co-Founders Asher Ismail and Piotr Pisarz about Uncapped’s offering and how it helps create an environment where founders thrive, its partnership with Lakestar and how it will use its new funding. Learn more about Uncapped:
The fresh capital will facilitate the growth of Uncapped’s team and the firm’s expansion into new markets. The capital injection will also help Uncapped launch new bespoke products and services, “We want to move deeper into the banking space. We’re specifically looking to solve problems around financial visibility, access to cash flow, access to third party data, as well as the expansion of the credit products that we offer,” says Asher Ismail.
Lakestar Partner Nicolas Brand comments, “I’ve been in finance for 20 years, and I have never been more excited about the next decade of financial services. I draw a lot of that by seeing technology in the capable hands of Asher, Piotr and the entire team.” All existing equity and debt investors joined in this latest financing round. We are thrilled to see what the future holds for Uncapped!
Register to get funding now: https://weareuncapped.com/