- Pipe, creators of the world’s first trading platform for recurring revenues
- Announced it raised $50 million in strategic equity funding, with a minority portion of the round allocated to secondary
- Led by Jim Pallotta’s Raptor Group and Siemens Next47, participants in Pipe’s latest round of funding also include Shopify
- The latest round of funding brings the total equity raised to $66 million used to expand Pipe’s global footprint
- Pipe represents a significant innovation in the alternative financing space and transforming how companies access growth capital
- Through its trading platform, Pipe provides direct access to the capital markets for companies of all sizes
