Scaleworks Venture Finance was founded by seasoned SaaS operators, with a combined experience of over 50 years operating and a 5-year track record of buying and building SaaS companies.
Our talented SaaS CEOs told us they had exciting ideas for growing their companies but needed funding without dilution.
Rebranded as Element Finance, we provide founders a better way to build a capital stack, bridging the SaaS funding gap through revenue-based financing.
For over 20 years, John Gallagher has been a leader in the finance, M&A, and business space. Having worked with Mazars Ireland, and Irelandia Investments, one of Ireland's most prominent family investment offices, as well as serving as SaaS CFO consultant to some of the fastest growing software companies in Europe, John has a deep understanding of SaaS business and the gaps in available financing...
Founded Cloudvertical, Copper Cloud, was a partner in Xenon Ventures and started a software development center in Krakow. He also ran Register 365 (acquired by Dada Pic) and Hosting365 (acquired by SunGard).
Lew Moorman helped build Rackspace from $2 million to $2 billion in sales as President, Chief Strategy Officer, and Board Director. In addition, he has launched and built multiple startup initiatives and has been an investor and operator in numerous seed deals and private equity buy-outs.
Scaleworks was founded by seasoned SaaS operators. We have a combined experience of over 50 years operating and building SaaS companies.
One of the challenges we faced in growing our own SaaS companies was access to growth capital.
“My experience with Element Saas Finance has been outstanding, Element guided us to the right funding model. We drew down funding as needed, enabling growth and minimizing dilution.”
Paul Lynch, former Chargify CEO
Banks don’t understand that SaaS recurring revenue is its own asset—instead, they ask for a personal guarantee.
Our companies used this funding to grow through sales and marketing, acquisitions and more.
John Gallagher and Johnny O'Dwyer drive solutions to help SaaS founders ensure access to simple growth capital without dilution and loss of control.