Decoding Debt: Golub Growth's Guide to Debt Financing for B2B SaaS Startups
Golub Growth Named to Inc.’s 2025 Founder-Friendly Investors List
San Francisco, CA, October 28, 2025 – Golub Growth has been named to Inc.’s seventh annual Founder-Friendly Investors list, marking its third consecutive year on the prestigious roundup of private equity, venture capital firms and lenders with a track record of backing founder-led companies.
Golub Growth is an affiliate of Golub Capital, a market-leading, award-winning direct lender and experienced private credit manager. Golub Growth provides custom debt and equity capital solutions designed to help venture-backed SaaS businesses accelerate sales growth, drive new product development, pursue strategic acquisitions and provide shareholder liquidity.
“Every founder’s journey is unique, and our job is to meet them where they are—with capital solutions that scale, insights that matter and a team that’s invested in their success,” said Peter Fair, Managing Director at Golub Growth. “This recognition from Inc. reflects the strength of those relationships.”
The prestigious list celebrates the investors that believe in backing founder-led businesses and helping them thrive. All companies on the list have successful track records of collaboration and remaining actively involved with the businesses they invest in.
“Raising capital is no small feat for today’s entrepreneurs. That’s why discovering investors who offer more than just financial backing—those who bring mentorship, resources, and a true spirit of partnership to your growth journey—is both rare and invaluable,” says Bonny Ghosh, editorial director at Inc. “The 2025 Founder-Friendly Investors are collaborators and dedicated to helping their portfolio companies succeed.”
Introduced in 2019, the Founder-Friendly Investors list has established itself as a go-to guide for entrepreneurs who want to grow their companies while retaining an ownership stake. To compile the list, Inc. engaged directly with entrepreneurs who have sold to private equity and venture capital firms. Founders shared their experiences partnering with private equity, venture capital and debt firms and provided data on how their companies have grown as a result of these partnerships.
About Golub Growth
Golub Growth provides flexible debt and equity capital to venture-backed, growth-stage B2B SaaS companies. Our custom solutions are designed to help SaaS businesses accelerate sales growth, drive new product development, pursue strategic acquisitions and provide shareholder liquidity. Since 2013, we have partnered with CEOs, founders and CFOs at more than 115 software companies and committed over $14 billion to enable long-term growth.
Golub Growth is an affiliate of Golub Capital, a market-leading, award-winning direct lender and experienced private credit manager. As of July 1, 2025, Golub Capital had over $80 billion of capital under management, a gross measure of invested capital including leverage. The firm has offices in North America, Europe, Asia and the Middle East. For more information, please visit golubgrowth.com.
About Inc.
Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com.