Startups Directory

Novel Capital is a revenue-based financing platform serving early-stage B2B SaaS and subscription companies with $350K+ ARR. The company provides non-dilutive growth capital from $100K to $5M through two products: RevShare Capital (up to 30% of expected annual revenue) and Upfront Capital (8% upfront fee, 18% APR). Beyond financing, Novel's Capital Intelligence Platform offers strategic support in sales growth, talent acquisition, and operational planning, with founders able to access capital flexibly based on their approved credit facility (10-40% of ARR).

Grow Credit is a financial inclusion platform that helps consumers with no credit or thin credit files establish and build credit scores by leveraging their existing subscription payments (Netflix, Spotify, Disney+, cell phone bills). The platform reports on-time payments to major credit bureaus (Equifax, Experian, TransUnion) through a virtual Mastercard-backed loan mechanism. Users can build credit for free or upgrade to premium tiers with higher credit lines and spending limits, making credit building accessible to an estimated 100M underserved consumers.

Ghost Financial is a fintech platform designed to serve ghost kitchens and restaurant operators with integrated financing, insurance, and payment solutions. The platform uses AI-powered underwriting and API integrations with POS systems (Toast) and delivery apps (DoorDash) to assess operational health and make fast lending decisions. It offers a 1% cash-back credit card for inventory purchases and expansion loans, with the ability to lift operator margins by up to 10%. However, the company appears to be inactive as of 2023-2024 based on multiple database sources.

Tranch was an invoice-to-payment platform that enabled enterprises to optimize cash flow by offering flexible payment options to their clients. The platform provided three payment methods: Pay Now (instant bank transfers via FedNow), Pay by Card (virtual terminals for billing teams), and Pay Later (invoices spread over 2-12 months). Tranch served law firms, SaaS companies, consulting firms, and agencies, allowing suppliers to get paid upfront while customers settled invoices worth up to $500,000 on flexible terms. **IMPORTANT: Tranch was acquired by Elite on January 3, 2025, and is no longer independently operating.**