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Full-Time

Enterprise

Business Development Representative

Posted on 6/18/2024

Capchase

Capchase

51-200 employees

Provides funding solutions for SaaS companies

Fintech
Financial Services

Junior

Remote in USA

Category
Inside Sales
Sales & Account Management
Required Skills
Sales
Communications
Hubspot
Requirements
  • 1-2 years of sales development experience
  • BS/BA required
  • Prior Start-up sales experience is a huge plus
  • Excellent written and oral communication, organizational, and analytical skills
  • Very strong work ethic with confidence to work autonomously
  • Highly motivated to succeed both individually and with a young and fast-growing company
  • Experience using Hubspot CRM
Responsibilities
  • Develop new business leads and respond quickly to inbound inquiries
  • Utilize prospecting and research tools, coordinate with assigned reps to qualify opportunities; prepare for and book pitch meetings with target prospects
  • Strategize with team members to innovate & improve the overall sales development process
  • Conduct sales development best practices with email, phone, and social drips using enablement technology to connect with new prospects
  • Work closely and collaboratively with the sales team to develop and implement appropriate prospect communication plans
  • Work internally with other departments to ensure proper quality and quantity of demonstrations

Capchase offers funding solutions tailored for fast-growing Software as a Service (SaaS) companies, helping them improve cash flow and reinvest in growth. Their services include enabling monthly payment options for customers while preserving the value of annual contracts, and managing billing and collections for clients. Capchase provides flexible working capital that businesses can access as needed, allowing for investment in customer acquisition. Their revenue model aligns with client success, as fees are based on the growth of the clients' Annual Recurring Revenue (ARR).

Company Stage

N/A

Total Funding

$763.7M

Headquarters

New York City, New York

Founded

2020

Growth & Insights
Headcount

6 month growth

12%

1 year growth

7%

2 year growth

14%
Simplify Jobs

Simplify's Take

What believers are saying

  • Capchase's recent €105 million funding round led by Deutsche Bank underscores strong investor confidence and provides substantial capital for further development.
  • The expansion into Ireland and other European markets offers significant growth opportunities and access to a broader client base.
  • Partnerships with established entities like BBVA Spark and DMZ enhance Capchase's credibility and provide additional resources and support for its clients.

What critics are saying

  • The reliance on the SaaS market means Capchase's success is closely tied to the health and growth of this sector, which can be volatile.
  • Rapid expansion into new markets may strain operational capabilities and lead to potential service inconsistencies.

What makes Capchase unique

  • Capchase's unique model of providing funding based on future recurring revenue sets it apart from traditional financing options, aligning its success with that of its clients.
  • The company's comprehensive suite of products, including Capchase Grow, Pay, Collect, and Infra, offers a holistic approach to revenue acceleration for SaaS companies.
  • Capchase's rapid expansion into multiple European markets and strategic partnerships, such as with BBVA Spark and DMZ, demonstrate its commitment to global growth and innovation.

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