# River SaaS Capital

River SaaS Capital is an Asset Manager based in Westlake, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Westlake, United States
- **Region:** North America
- **Address:** Westlake, OH, United States
- **Founded:** 2015
- **Assets under management:** Undisclosed
- **Website:** riversaascapital.com
- **LinkedIn:** https://www.linkedin.com/company/mrk-leasing

## Regulatory record

- **Reports private funds:** No

## About

River SaaS Capital provides non-dilutive venture debt and equity financing to growing US-based B2B SaaS businesses. Founded in 2015 as a provider of alternative venture financing to early-stage SaaS companies throughout the U.S., the firm is based in Cleveland, Ohio and offers flexible debt capital options along with a partnership-based approach.

## Sectors

- Enterprise Software
- FinTech
- Digital Health
- PropTech
- AI/ML
- Cybersecurity
- Industrial Tech

## People

- Matthew Kennedy — President, River Capital Finance
- Joe Granzier — Chief Development Officer

## Questions

### Does River SaaS Capital participate in fund commitments or only direct deals?

River SaaS Capital runs two direct-investment sleeves — a venture debt fund and an equity fund — both of which deploy directly into individual B2B SaaS operating companies. There is no indication in its disclosed strategy that the firm acts as a limited partner in third-party venture capital or private credit funds, making its model purely direct origination.

### How is River SaaS Capital related to TruWest Companies?

TruWest Companies is the ultimate parent organization of River Capital Finance, which in turn is the direct parent of River SaaS Capital. Matthew Kennedy serves as co-managing member of TruWest Companies and president of River Capital Finance, linking the governance of the venture debt manager directly to the family-controlled holding entity. This layered structure means River SaaS Capital’s strategic decisions are made within a broader, family-run investment platform.

### What is River SaaS Capital’s known posture on co-investments alongside external GPs?

River SaaS Capital does not publicly market a co-investment program. Its venture debt and equity products are originated directly, and the firm’s marketing materials emphasize a bilateral lender-borrower relationship rather than a syndicated club-deal approach. There is no mention of partnering with other GPs on shared term sheets or deal-by-deal co-investment vehicles.

## Related profiles

- [RiverRock Funds](https://altss.com/profile/riverrock-funds)
- [RiversEdge Advisors](https://altss.com/profile/riversedge-advisors)

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Last updated: 2026-08-11T15:07:57.118Z

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