Uncapped

Uncapped provides no-equity working capital from €100k to €2 million to founders and online businesses, for inventory, marketing and purchase orders. It charges a fixed fee from 0.8% on the capital provided and states that no personal guarantees or equity are required.

Customers are online sellers and brands. The site lists funding for Amazon sellers with €10K+ monthly revenue, fixed-term financing for brands with €100K+ monthly revenue, and a line of credit for brands with €500K+ monthly revenue. Revenue comes from the fixed fee on funded capital.

Founded in 2019, the company states it operates in 4 countries and has provided 2000+ loans. Its CEO, Piotr, previously worked as a venture capitalist. Investors named on the site include Lakestar, Seedcamp and Global Founders Capital. Current job listings are in Warsaw, London, New York and Atlanta (some remote), covering engineering, KYC operations, credit risk, sales and partnerships. The registry country is Poland.

Product: Revenue-based working capital loans with a fixed fee, no equity and no personal guarantees, for inventory, marketing and purchase orders.