River SaaS Capital, a Westlake, Ohio-based provider of debt-based financing solutions for software-as-a-service businesses, added Wendy Jarchow to the team as Chief Investment Officer.
Ms. Jarchow will manage River SaaS Capital’s portfolio of loans, devise strategies for growth and act as a liaison between investors.
She brings to the firm over 18 years of experience in finance, venture capital and strategic planning. As a Venture Partner at JumpStart, Ms. Jarchow assisted client companies with developing funding strategies and secured capital for both start-ups and scaleup businesses.
Before JumpStart, she was the Senior Director of Development for Case Western Reserve University’s School of Medicine administering programmatic support for their translational medicine program.
Prior to CWRU, Ms. Jarchow was the Director of Business Development for Chrysalis Ventures and also worked for The Fitzgerald Group in Chicago, LaSalle Bank, ABN AMRO, and Key Bank.
Led by President Matt Kennedy, River SaaS Capital is a division of River Capital Finance and a TruWest company, which offers debt-based financing for software-as-a-service businesses. As a debt lender, the firm provides non-dilutive financing to businesses that do not want to give up equity to investors and who typically do not qualify for traditional bank lending due to their business model.