Fundraising Fox

Cypress Growth Capital

Venture debt

Dallas · Seed–Late Stage · 9 people tracked

Also known as CYPRESS GROWTH CAPITAL, LLC

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Investment thesis

Cypress Growth Capital offers royalty-based growth capital as an alternative to equity financing. It provides capital structured as flexible, long-term debt in exchange for a fixed percentage of a company's future monthly revenues until payments reach a predetermined cap. This approach lets founders preserve equity and retain control, requiring no board seat or control provisions and no liquidity event for success. Payments adjust with revenue performance, keeping the structure cash-flow friendly. Since 2010, the firm has invested exclusively in SaaS and tech-enabled services companies across the United States, aiming to help entrepreneurs grow toward outcomes such as a follow-on growth equity round, majority recapitalization, or strategic sale.

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Late Stage
Check
$500K – $5M
HQ
Dallas, Texas, US
Leads rounds
Follows
Instruments
Debt
Founded
2010
Last 12 months
1 investment
AUM
$100M
Tracked investments
3

Team · 9 people

from the firm's website
Vincent Hsieh, CFA· Managing Director

What they invest in

from 2 of 3 portfolio companies

AI & Machine Learning ×2Enterprise Software ×2SaaS ×2Fintech ×1

HQs:United States×2

Investments · 3 tracked

founders shown can be your intro path
ChartSpan Medical TechnologiesJun 2026

Greenville, US

Jon-Michial Carter(Executive Officer, Director)Christine Hawkins(Executive Officer, Director)Don M. Byrne(Director)Alan Cohen(Director)Jon Hammond(Executive Officer)

BoardMark A. Buffington(Director)in

Co-investorsBIP CapitalBIP VenturesBlue Heron Capital

Ooga Technologiesoogatechnologies.comin

Ooga provides a cloud-based platform for non-destructive testing (NDT) inspections in safety-critical infrastructure industries, combining secure workflows, qualified NDT experts, AI-enabled inspection tools, and real-time remote collaboration in an auditable system.

AI & Machine LearningEnterprise SoftwareFintechSaaSDurham, US

Igor Kasovski(Executive Officer, Director)Ajay Pasupuleti(Executive Officer, Director)Michael T. Turnbow(Executive Officer, Director)Matthew Gomley(Executive Officer, Director)

VeilSunveilsun.com

VeilSun builds custom low-code business applications, primarily on the Quickbase platform, enhanced with AI to automate workflows for planning, resource management, and compliance.

AI & Machine LearningEnterprise SoftwareSaaS

Rich Crum(Managing Partner)

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Cypress Growth Capital invest at?
Cypress Growth Capital invests at the Seed, Growth, Late Stage stages.
What is Cypress Growth Capital's typical check size?
Cypress Growth Capital typically writes checks of $500K – $5M.
What sectors does Cypress Growth Capital focus on?
Cypress Growth Capital focuses on Enterprise Software, SaaS.
Where is Cypress Growth Capital located?
Cypress Growth Capital is headquartered in Dallas, US.
Does Cypress Growth Capital lead rounds?
Cypress Growth Capital typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

Ep. 101: Vik Thapar, Cypress Growth Capital | Non-Dilutive Funding with Royalty-Based Capital

How To SaaS · Vik Thapar

Images

Cypress Growth Capital photoCypress Growth Capital photoCypress Growth Capital photoCypress Growth Capital photoCypress Growth Capital photoCypress Growth Capital photo

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