Driving Growth: Solgari’s SaaS Expansion with Financefair’s Strategic Funding

AI Technology
SaaS
Scale Funding
Solutions used:
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Summary 

Industry: SaaS (AI Customer Engagement Software) 

Solutions Used: Revenue-Based Finance 

Results: Secured a non-dilutive funding solution to help drive the business scale internationally and reach profitability 

 

Discover how Solgari harnessed Financefair’s Revenue-Based Finance solution to propel the international scalability of their SaaS business through Microsoft Marketplace. Witness the transformative power of smart funding strategies. 

“Growing a SaaS business comes with unique challenges, especially when it comes to securing debt-based scale funding to complement our capital structure. Traditional lenders don’t support scaling software companies, so we turned to Financefair to monetise our go-to-market strategy on Marketplace. 

Financefair took the time to understand our product, unique value proposition, our tech roadmap and future growth strategy. They witnessed how our scale up has continued to gather momentum and took huge comfort from the experience of our leadership team and the quality of our technology.  

They tailored a flexible solution aligned with various stages of our scaling journey, adapting to our needs as we achieved Microsoft certification status and started win annual and multi-years deals on Marketplace. This revenue-based financing has helped extend our runway as we hit profitability, invest in go-to-market, and position ourselves as the native customer engagement app for Microsoft Teams on Marketplace. 

With this funding facility, we have strengthened our position on Marketplace and are investing rapidly in more partner-to-partner activity to generate further customer wins. Financefair has played an innovative and strategic role in our funding strategy. In addition, as our deal wins through Marketplace continue to increase, Financefair can increase the funding availability on our facility in line with our expansion. 

Ed Grant
CFO & Director, Solgari 
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The Customer

Solgari is the provider of the Microsoft certified AI powered application that transforms Microsoft Teams into the world’s best customer engagement platform. The Solgari app captures all customer interactions from every channel in a 360-degree data hub and unleashes the next generation of Artificial Intelligence, empowering organisations to deliver exceptional employee and customer experiences. 

 

Challenge & Solution

Challenge:

Solgari needed a funding solution to address three critical challenges:

    • 1. Adding debt to the funding equation for SaaS Models: As the business moved through their product/market fit and customer scaling journey towards profitability, the business was seeking a fast and flexible debt funding solution to add to their equity funding strategy and reduce the dilution impact.

 

    • 2. Runway Extension: They required additional capital to sustain their rapid expansion and achieve EBITDA and cash-flow positivity.

 

  • 3. Monetize Marketplace Contracts: As the business scaled on Marketplace and has been winning annual and multi-year contracts with customers in North America, UK, South Africa, and Singapore, Solgari needed flexible revenue financing to unlock cash flow from Microsoft’s payouts.

 

Solution:

Financefair structured a Revenue-Based Finance solution that enabled Solgari to:

  • Monetize their annual and multi-year Marketplace contracts, providing further investment in product and go-to-market.
  • Reduce dilution by introducing non-dilutive funding while extending their runway.
  • Align repayments with their cash flow, ensuring financial flexibility as they scale globally.

 

Challenge & Solution

Challenge:

Solgari needed a funding solution to address three critical challenges:

    • 1. Adding debt to the funding equation for SaaS Models: As the business moved through their product/market fit and customer scaling journey towards profitability, the business was seeking a fast and flexible debt funding solution to add to their equity funding strategy and reduce the dilution impact.

 

    • 2. Runway Extension: They required additional capital to sustain their rapid expansion and achieve EBITDA and cash-flow positivity.

 

  • 3. Monetize Marketplace Contracts: As the business scaled on Marketplace and has been winning annual and multi-year contracts with customers in North America, UK, South Africa, and Singapore, Solgari needed flexible revenue financing to unlock cash flow from Microsoft’s payouts.

 

Solution:

Financefair structured a Revenue-Based Finance solution that enabled Solgari to:

  • Monetize their annual and multi-year Marketplace contracts, providing further investment in product and go-to-market.
  • Reduce dilution by introducing non-dilutive funding while extending their runway.
  • Align repayments with their cash flow, ensuring financial flexibility as they scale globally.

 

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The Impact

Through Financefair’s solution, Solgari achieved significant milestones: monetizing Marketplace contracts, enhancing cash flow, driving global expansion, and fostering continuous tech innovation. The infusion of Scale Funding empowered Solgari to amplify operations, engage with strategic partners, and solidify their market position. 

results icon

The Impact

Through Financefair’s solution, Solgari achieved significant milestones: monetizing Marketplace contracts, enhancing cash flow, driving global expansion, and fostering continuous tech innovation. The infusion of Scale Funding empowered Solgari to amplify operations, engage with strategic partners, and solidify their market position. 

Ready to Scale Like Solgari?

Email info@financefair.com
or call the team on +35316632662

Learn how Financefair’s tailored funding solutions can unlock your business’s scaling  potential. Contact us today to get started. 

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