October 7, 2020

VCs told Quantum Metric’s CEO that his startup should be valued at $1 billion, but he discovered taking on a $25 million loan was a better deal

Post by: Zoe McCook

Quantum Metric secured a $25 million debt financing from Silicon Valley Bank. The Founder and CEO, Mario Ciabarra, discovered the process for securing a business loan was just as competitive as selling equity to venture capitalists.