re:cap
28 Case Studies
A re:cap Case Study
MasterSustainability.today, a Rotterdam-based B2B SaaS platform for ESG compliance, faced a challenge when European sustainability regulations fragmented in 2025. While competitors hesitated, they saw an opportunity to expand their platform to cover multiple regulations and launch an aggressive European expansion. However, they needed capital to fund this growth quickly, and traditional equity and bank financing were either unattractive or incompatible with their SaaS business model.
The vendor re:cap provided a €1.6M credit line, offering non-dilutive capital that understood their subscription revenue structure. This solution from re:cap funded both product development for broader platform capabilities and targeted market entries into countries like Germany. The impact was significant: more than half of their existing customer base became eligible for multi-regulation upsells, their sales pipeline recovered to pre-regulation change levels, and their European expansion plans were set into motion without having to give up equity.