Atlanta based billing & back-office software company, H2O Overgroup, has received “growth” funding of $2.5 million from SaaS Capital.
The latter is a Cincinnati based funding agency that specializes in financing SaaS companies.
Founded in 2002, H2O features a set of billing, ordering, and customer management tools.
“The H2O team is exceptionally talented. They have a fantastic product with features and capabilities of a company ten times their size,” said Todd Gardner, Founder and Managing Director of SaaS Capital.
“Additional financing from SaaS Capital will help them further their advantage on the product front and also get their message out to a broader market.”
Brent Maropis, CEO, H2O Overgroup, added, “With our rapid growth and expanding market reach, SaaS Capital was a natural fit for our company. Their approach to financing and experience with other SaaS companies has set them apart as the premier partner for our business.”
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