Revenue-based financing · Mobility
Round2 Capital backs GoodVision with revenue-based debt
The seven-figure financing supports a traffic-software business with recurring revenue.
GoodVision is using financing tied to revenue to advance its commercial pipeline. Round2 describes the company as cash-flow positive, making the deal a way to fund delivery and expansion without issuing equity.
The investment targets a gap between contracted demand and deployment capacity. Faster implementation would let the company turn its existing pipeline into recurring software revenue sooner.
Use of funds
Expand commercial operations, especially in the United States
Accelerate contracted customer deployments
Funding history
Revenue-based financing · This roundUndisclosed