Senior Account Executive, Capchase

SMB

Salary not provided
Mid level
New York
Capchase

Non-dilutive capital for recurring revenue businesses

Job no longer available

Capchase

Non-dilutive capital for recurring revenue businesses

101-200 employees

B2BEnterpriseFundraisingInvesting

Job no longer available

Salary not provided
Mid level
New York

101-200 employees

B2BEnterpriseFundraisingInvesting

Company mission

To help startups and SaaS companies scale their growth and accelerate their revenue through our non-dilutive capital, payment solutions, and market insights.

Role

Who you are

  • Bachelor's degree
  • 3+ years of account executive experience; enterprise sales a plus
  • Relevant sales experience, preferably in revenue based financing or payments
  • Experience managing a pipeline and engaging all assigned accounts and opportunities
  • Proven ability to execute, especially negotiation and closing
  • Intellectually curious, fast learner
  • Articulate, poised, and concise
  • Flexible and resilient
  • Competitive and driven to achieve goals

Desirable

  • Experience selling to into startup founders
  • Experience selling a revenue based financing or BNPL solution

What the job involves

  • Communicate the business impact of our product offerings to key decision-makers
  • Demonstrate ability to influence through persuasion, negotiation, and consensus-building to identify and sell new opportunities
  • Own sales cycles that are 1-3 months
  • Understand customer needs and requirements and act as a trusted business advisor
  • Drive revenue through strategic outbound prospecting
  • Own the entire sales lifecycle, from lead generation or handoff to close
  • Develop a comprehensive sales strategy and sales plan that ensures consistent achievement of goals over the short and long-term

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Insights

Top investors

6% employee growth in 12 months

Company

Company benefits

  • Remote first
  • Annual retreat
  • Education stipend
  • Health insurance
  • Company equity
  • 401k & match
  • Referral bonus
  • Office equipment

Funding (last 2 of 4 rounds)

Mar 2022

$80m

SERIES B

Jul 2021

$280m

GROWTH EQUITY VC

Total funding: $489.6m

Our take

Alternative, non-dilutive financing options for startups and other businesses is a white hot market right now, and Capchase is hoping to ride the crest of this wave with a variety of finance automation products for startups.

Unlike traditional venture debt players, Capchase has focused on providing non-dilutive financing based solely on the demonstration of recurring revenue. The company has looked to outflank new players also rapidly growing in the space like Pipe and Nova Capital, by launching new finance automation products specifically tailored to expense financing as well as a buy-now-pay-later option for businesses as well.

The company's greatest challenge, as stated by back in 2021, likely remains to win out against venture debt. That said, as more and more startups seek non-dilutive financing, Capchase has managed to sustain steady growth, and was named as one of Fast Company’s Most Innovative Companies of 2023.

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Steph

Company Specialist at Welcome to the Jungle