Pipe offers a B2B financing platform that enables businesses to convert their future revenue contracts into upfront capital by connecting them with investors on a marketplace. It was initially formed to cater to SaaS startups but has since expanded to include any company with recurring revenue streams including D2C subscription companies, streaming services, and telecommunications companies. Our content partner Sacra’s company teardown (August 2022) takes a deeper look at Pipe’s financials, business model, acquisitions, competitive environment, and market opportunities.