Appcues Raises $7M in Venture Debt from Bridge Bank
- Appcues, a Boston, MA-based company that builds technology to identify onboarding issues and provide low-code, non-technical solutions to fix them, raised $7M in venture debt
- Bridge Bank provided the financing
- The deal was led by Brendan Carr and Michael Walsh, both of whom are based in Bridge Bank’s Boston office
- The venture debt follows a $32.1m Series B equity round led by NewSpring Capital
- The company will use these funds to grow its remote team, develop new products and device support, and produce free educational resources to help Software as a Service (SaaS) professionals succeed
- Initially based in Boston, the company is now a fully remote company with teammates in 22 states and 12 countries
