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    ZeroAvia Series C Funding Image: Revolutionizing Sustainable Aviation with Hydrogen-Electric Engines, Decarbonization, and Green Initiatives.

    ZeroAvia Secures $116M in Series C Funding to Propel Zero-Emission Aviation

    Linxup Fleet Management - $50M Runway Growth Capital Investment Fuels GPS Tracking and IoT Innovation for SMBs

    Linxup Secures $50M Boost from Runway Growth Capital for GPS Tracking and Fleet Management Excellence

    LucidLink-Series-C-Funding-Filespaces-Storage-Collaboration.

    LucidLink Secures $75M in Series C Funding for Revolutionary Storage Collaboration Platform

    Princeton NuEnergy, a lithium-ion battery recycling company raised $16M to drive its LPAS™ technology for advancing sustainable energy and clean-tech solutions.

    Princeton NuEnergy’s $16M Funding Sparks a Brighter Future in Lithium-Ion Battery Recycling

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      ZeroAvia Series C Funding Image: Revolutionizing Sustainable Aviation with Hydrogen-Electric Engines, Decarbonization, and Green Initiatives.

      ZeroAvia Secures $116M in Series C Funding to Propel Zero-Emission Aviation

      Linxup Fleet Management - $50M Runway Growth Capital Investment Fuels GPS Tracking and IoT Innovation for SMBs

      Linxup Secures $50M Boost from Runway Growth Capital for GPS Tracking and Fleet Management Excellence

      LucidLink-Series-C-Funding-Filespaces-Storage-Collaboration.

      LucidLink Secures $75M in Series C Funding for Revolutionary Storage Collaboration Platform

      Princeton NuEnergy, a lithium-ion battery recycling company raised $16M to drive its LPAS™ technology for advancing sustainable energy and clean-tech solutions.

      Princeton NuEnergy’s $16M Funding Sparks a Brighter Future in Lithium-Ion Battery Recycling

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      Emerging out of stealth Gynger bags $21.7 million in debt and equity funding

      Gynger allows businesses to underwrite loans in only a few minutes.

      USTechTimes Editor by USTechTimes Editor
      December 30, 2022
      Home Software
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      Gynger, an NYC-based software and infrastructure financing startup, raised $11.7 million in seed funding and $10 million in debt financing.

      Upper90 and Vine Ventures were the software and infrastructure financing startup leading investors. Upper90 also provided the initial $10 million loan facility. Additionally, Deciens Capital, Quiet Capital, and Gradient Ventures participated in the round.

      To obtain the lowest prices, make payments according to their terms, and maximize their cash flow, Gynger gives entrepreneurs access to non-dilutive funding for financing their software purchases.

      Gynger allows businesses to underwrite loans in only a few minutes, pay their vendors the next day, and manage their software contracts and payments from a single dashboard.

      The startup has provided funding for contracts ranging from $1,000 to $1,000,000 for leading platforms like Datadog, Airtable, Secureframe, GCP, AWS, Amplitude, Apollo, Braze, Slack, and Zoom.

      In a market where securing funding is getting harder and runway is a significant concern, Gynger offers an alternate financing option to assist businesses in acquiring the required equipment.

      Gynger backs startups by providing an alternative financing solution

      Venture debt has a high entrance hurdle; dealing with traditional lenders takes time, and they frequently overlook new companies. Revenue-based funding is only helpful for companies with annual revenue of at least $1 million.

      The software and infrastructure financing startup asserts that it has produced a genuinely founder-friendly product by giving consumers the power to make purchases without requesting the commitments, fees, warrants, and personal guarantees that other lenders do.

      Gynger CEO and founder Mark Ghermezian said, “In the early days of building Braze we needed the best software and infrastructure to get the company off the ground, but those tools were expensive. It was a challenge to balance our tech costs while focusing on extending runway.

      “We wanted to figure out how to combine software with capital to really service the startup ecosystem, to help them get the best software while extending and managing their cash flow,” added Ghermezian.

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      Tags: fundingImpact InvestinginvestmentSoftware
      USTechTimes Editor

      USTechTimes Editor

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

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