Capverse
Capverse is a lender to growth stage companies with existing revenue.
- Stage Full Product Ready
- Industry Financial Services
- Location New York, NY, US
- Currency USD
- Founded May 2016
- Employees 2
- Incorporation Type LLC
- Website capverse.com
Company Summary
Capverse is a lender to growth stage companies with existing revenue. Our loans primarily come in the form of Revenue Based Loans where monthly payments are based on a percent of revenue (aka royalty loan), until 2- 3x of the original loan amount is repaid (structured as 3-5 year repayment period).
- No equity dilution
- No fixed interest payments
- Structured as 3-5 year payback
- Repayment amount capped at 2-3x loan amount
Team
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Co-FounderMinsok years of experience in the financial services sector. Most of his career was spent at Bank of America under the Chief Operating Officer group, where he was involved with the Merrill Lynch merger and the $4.5bn auction rate settlement. Most recently he worked at TF, where they provide accounting and financial services to startups who have raised $1mm in seed money to $20mm in Series B.
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Co-FounderKevin has years of extensive experience in the corporate lending space. From 2011 to 2016, Kevin has been in various roles within the Guggenheim companies, which included managing a portfolio of over $2bn in assets of high yield bonds and loans across. And most recently Kevin was the Director of Investments at a DE Life Insurance Company, where he helped reposition a portfolio of $1.2bn in assets.
Previous Investors
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