Vitt secures £10.9m pre-seed investment to fund revenue-based financing platform
The investment round was co-led by Better Tomorrow and SpeedInvest.
Vitt provides alternative revenue-based financing for software startups, offering growth capital without equity dilution.
Vitt has secured £10.9m in a pre-seed funding round composed of both debt and equity. The investment was co-led by Better Tomorrow and SpeedInvest, alongside participation from several high-profile backers and angel investors.
The London and Berlin-based startup operates a platform that evaluates recurring revenues to provide growth capital as an alternative to traditional venture debt and equity dilution. The company aims to use the fresh funds to support its ongoing market rollout for UK software businesses.
The injection of capital follows the firm's emergence from stealth mode, positioning it to expand its alternative financing model across the subscription economy.
