We take a Relationship Approach to SaaS Growth finance.

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How it Began

Scaleworks Venture Finance was founded by seasoned SaaS operators, with a combined experience of over 50 years operating and a 5-year track record of buying and building SaaS companies.

Our companies needed funding to grow.

Average rating from over 1,000 customer reviews

Delivering the Solution.

Rebranded as Element Finance, we provide founders a better way to build a capital stack, bridging the SaaS funding gap through revenue-based financing.
Roots in SaaS

Our Story

One of the challenges we faced in growing and scaling our SaaS companies was getting bank financing—this is why we started our own debt fund.

How it Began

Scaleworks Venture Finance was founded by seasoned SaaS operators, with a combined experience of over 50 years operating and a 5-year track record of buying and building SaaS companies.

01
02

Our companies needed funding to grow.

Our talented SaaS CEOs told us they had exciting ideas for growing their companies but needed funding without dilution.

Delivering the Solution.

Rebranded as Element Finance, we provide founders a better way to build a capital stack, bridging the SaaS funding gap through revenue-based financing.

03

Meet Our Team

John Gallagher

CEO

For over 20 years, John Gallagher has been a leader in the finance, M&A, and business space. Having worked with Mazars Ireland, and Irelandia Investments, one of Ireland's most prominent family investment offices, as well as serving as SaaS CFO consultant to some of the fastest growing software companies in Europe, John has a deep understanding of SaaS business and the gaps in available financing...

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Johnny O'Dwyer

Venture Partner

For over two decades, Johnny O'Dwyer, has served in leadership roles in the areas of technology, media and telecoms banking, digital investments and innovation as well as corporate development and mergers and acquisitions...

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Ed Byrne

General Partner

Founded Cloudvertical, Copper Cloud, was a partner in Xenon Ventures and started a software development center in Krakow. He also ran Register 365 (acquired by Dada Pic) and Hosting365 (acquired by SunGard).

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Lew Moorman

General Partner

Lew Moorman helped build Rackspace from $2 million to $2 billion in sales as President, Chief Strategy Officer, and Board Director. In addition, he has launched and built multiple startup initiatives and has been an investor and operator in numerous seed deals and private equity buy-outs.

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Chris Wittwer

Operating Partner

Wyatt Messex

Analyst

Peter Herff

Analyst

Jamie Short

Director of Marketing

John Gallagher

VP of Executive Talent

Mark Bales

Director, Finance

Alana Barerra

Accountant

Brooke Colli

Accountant

Elissa Garza

Office Administrator
Are you a go-getter that’s ready to join an ambitious team and change the way companies think of venture finance?
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passionate saas operators

Why we started Element Finance

How it began
We got our start out of necessity.

Scaleworks was founded by seasoned SaaS operators. We have a combined experience of over 50 years operating and building SaaS companies.

One of the challenges we faced in growing our own SaaS companies was access to growth capital.

Our companies needed funding to grow
Our talented SaaS CEOs had exciting ideas to grow their companies, but needed funding to get the job done.

“My experience with Element Saas Finance has been outstanding, Element guided us to the right funding model. We drew down funding as needed, enabling growth and minimizing dilution.”

Paul Lynch, former Chargify CEO

But banks
didn't value the SaaS recurring revenue model
Traditional banks won’t lend to companies that don’t make profits or have tangible assets.

Banks don’t understand that SaaS recurring revenue is its own asset—instead, they ask for a personal guarantee.

So we raised our own debt fund
We created our own debt fund so our companies could easily access finance.

Our companies used this funding to grow through sales and marketing, acquisitions and more.

It went well! So we expanded to help more companies access flexible finance.
🚀 ELEMENT FINANCE launches
At Element Finance we provide founders a better way to build a capital stack, bridging the SaaS funding gap through revenue-based financing.

John Gallagher and Johnny O'Dwyer drive solutions to help SaaS founders ensure access to simple growth capital without dilution and loss of control.

We're growing together.
In three years, we've helped our customers grow ARR on average 38% each year, and increased capital available to founders as they have grown.
Today
We believe in relationships and the people behind the products. We are committed to providing founder-friendly, long-term capital over the life of your business.

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Resources

The Scaleworks Master Plan
Element Finance team photo

There's a different way to grow.

We are committed to helping SaaS founders build their capital stack while limiting their cost of capital equity.
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