SaaS Capital has provided growth debt to Seerist, the Reston, Virginia company that sells threat and risk intelligence.
The size of the facility was not disclosed.
Seerist said the credit facility gives it working capital flexibility to fund product development and go-to-market expansion.
Seerist, led by Chief Executive Alex Berry, combines real-time global monitoring, machine learning detection, verified events and human analysis. Customers use the platform to anticipate disruption across security, operations, travel, supply chain and government mission work. The company says it works with more than 500 organisations, including a quarter of the Fortune 100 and more than 50 government agencies.
Seerist reported the close with its first-half 2026 results. It said it reached positive EBITDA in the second quarter, grew second-quarter annual recurring revenue by 19 per cent and doubled new customer wins against the same period in 2025. Chief Revenue Officer Barry Saadatmand said upsell annual recurring revenue rose 240 per cent year on year.
A Form D filed on 17 August 2026 recorded warrants issued as non-cash consideration for credit facilities, with an aggregate exercise price of $924,903. The filing said the warrants generated no cash proceeds and were an inducement for a loan or note amendment. It gave 3 August 2026 as the date of first sale and did not name the lender.
Seerist was formed in August 2022 when Control Risks spun its CORE monitoring platform into a new company with the Hyperion machine learning stack from Geospark Analytics. Control Risks had taken a 10 per cent stake in Geospark in June 2021. Geospark, then based in Herndon, Virginia, had backing from General Catalyst and Zero Gravity Capital. Control Risks remains a strategic partner.
SaaS Capital later listed Seerist among three new portfolio companies. The Cincinnati and Seattle lender closed SaaS Capital Fund V, a $100 million fifth fund, in October 2025.
SaaS Capital says it lends $2 million to $15 million to B2B software-as-a-service companies with at least $3 million of annual recurring revenue that are registered and banked in the United States, Canada, the United Kingdom or Ireland, typically at five to eight times monthly subscription revenue. Borrowers need not be venture-backed or profitable. Since 2007 SaaS Capital has committed more than $375 million of growth debt. The October fund announcement put the client count at more than 120.