Heriot

As traditional equity rounds face prolonged valuation resets and macroeconomic headwinds, venture debt has re-emerged as a critical liquidity bridge for high-growth tech startups. Heriot examines the structural shift in how European scale-ups utilize non-dilutive capital instruments to preserve founder equity while scaling operations.

Company Profile & Platform Overview

Heriot operates as a specialized venture debt and structured finance provider tailored for high-growth technology companies across Europe and the UK. The firm bridges the critical funding gap between equity rounds, offering non-dilutive capital solutions that empower founders and early institutional investors to extend runway without succumbing to punitive down-rounds or excessive equity dilution.

At its core, Heriot leverages a proprietary credit-scoring and risk-assessment engine designed specifically for recurring-revenue (SaaS) and high-growth asset-light business models. By analyzing real-time financial telemetry—including churn rates, net revenue retention (NRR), and cash burn multiples—Heriot provides flexible debt facilities structured with revenue-linked repayment schedules and minimal warrant overhang.