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GrowthSoftware · Canada

VCA Software

Growth capital for a recurring-revenue insurance software company expanding into the carrier market.

Use of Funds
Refinancing, growth capital, and product development
Structure
Senior secured term debt
The Story

FirePower provided senior secured growth capital to VCA Software, a claims management software platform serving the property and casualty insurance industry. The facility refinanced an existing bank facility and funded the company's push upmarket to target insurance carriers, including additional sales and product development hires.

GrowthSaaS

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