Pipe Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 80

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $30M

  • Investors
  • 142

Pipe General Information

Description

Operator of a financial platform designed to help cloud service companies grow efficiently by providing non-dilutive funding. The company's platform integrate with a billing stack to qualify and underwrite businesses with recurring revenues to unlock their deferred cash flows, enabling firms to provide funds to fuel growth without giving up ownership or taking on debt.

Contact Information

Website
www.pipe.com
Formerly Known As
Third Base Pipe, Pace Financial
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 548 Market Street
  • PMB 93796
  • San Francisco, CA 94104
  • United States
+1 (818)
Primary Industry
Financial Software
Other Industries
Other Financial Services
Corporate Office
  • 548 Market Street
  • PMB 93796
  • San Francisco, CA 94104
  • United States
+1 (818)

Pipe Timeline

2023202420252026
Financing Round

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Pipe Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. Later Stage VC 09-Apr-2026 $30M Completed Generating Revenue
11. General Corporate Purpose 11-Jun-2024 Completed Generating Revenue
10. Early Stage VC 01-Oct-2023 Completed Generating Revenue
9. Secondary Transaction - Private Completed Generating Revenue
8. Debt - General 28-Sep-2022 Completed Generating Revenue
7. Secondary Transaction - Private 10-Jan-2022 Completed Generating Revenue
6. Early Stage VC 01-Jan-2022 Completed Generating Revenue
5. Secondary Transaction - Private 13-Dec-2021 Completed Generating Revenue
4. Early Stage VC 13-Oct-2021 $316M Completed Generating Revenue
3. Seed Round 25-Jul-2021 $250M $316M Completed Generating Revenue
To view Pipe’s complete valuation and funding history, request access »

Pipe Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series 1.3
Series 1.4
Series 1.2
Series 1.1 5,903,454 $0.000010 $0.81 $0.81 1x $0.81 20.08%
Series 1.0 5,874,979 $0.000010 $7.66 $7.66 1x $7.66 19.99%
To view Pipe’s complete cap table history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Pipe Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a financial platform designed to help cloud service companies grow efficiently by providing non-dilutive fun
Financial Software
San Francisco, CA
80 As of 2022

South San Francisco, CA
 

Alpharetta, GA
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Pipe Competitors (35)

One of Pipe’s 35 competitors is Stripe, a Venture Capital-Backed company based in South San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Stripe Venture Capital-Backed South San Francisco, CA
2Checkout Private Equity-Backed Alpharetta, GA
Capchase Venture Capital-Backed New York, NY
Spreedly Private Equity-Backed Durham, NC
PayPoint (Financial Services) Corporation Welwyn Garden City, United Kingdom
You’re viewing 5 of 35 competitors. Get the full list »

Pipe Patents

Pipe Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-12699994-B2 Artificial intelligence to handle financial actions Active 02-Oct-2024
US-20260094153-A1 Artificial intelligence to handle financial actions Active 02-Oct-2024
US-20260320594-A1 Artificial intelligence to handle financial actions Pending 02-Oct-2024
JP-2020185108-A Game system, game control method, and game program Pending 13-May-2019

Pipe Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Pipe Investors (142)

Investor Name Investor Type Holding Investor Since Participating Rounds
Kadous() Venture Capital Minority
Pacific Reach Capital Family Office Minority
Saraswati Ventures Venture Capital Minority
Tepass Capital Venture Capital Minority
Allocation10 Angel Group Minority
You’re viewing 5 of 142 investors. Get the full list »

Pipe Acquisitions (2)

Pipe’s most recent deal was a Merger/Acquisition with Glean AI. The deal was made on 07-Apr-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Glean AI 07-Apr-2025 Merger/Acquisition Application Software
Purely Capital 23-Feb-2022 Merger/Acquisition Specialized Finance
To view Pipe’s complete acquisitions history, request access »

Pipe Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Glean AI New York, NY 2020

Pipe FAQs

  • When was Pipe founded?

    Pipe was founded in 2019.

  • Where is Pipe headquartered?

    Pipe is headquartered in San Francisco, CA.

  • What is the size of Pipe?

    Pipe has 80 total employees.

  • What industry is Pipe in?

    Pipe’s primary industry is Financial Software.

  • Is Pipe a private or public company?

    Pipe is a Private company.

  • What is Pipe’s current revenue?

    The current revenue for Pipe is .

  • How much funding has Pipe raised over time?

    Pipe has raised $453M.

  • Who are Pipe’s investors?

    Kadous(), Pacific Reach Capital, Saraswati Ventures, Tepass Capital, and Allocation10 are 5 of 142 investors who have invested in Pipe.

  • Who are Pipe’s competitors?

    Stripe, 2Checkout, Capchase, Spreedly, and PayPoint (Financial Services) are some of the 35 competitors of Pipe.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process