Pipe is a financial services platform that connects companies to institutional investors, allowing them to trade their recurring revenue streams in real-time. By integrating with a billing stack, Pipe qualifies and underwrites businesses with recurring revenues, unlocking their deferred cash flows and providing non-dilutive funding for growth without giving up ownership or taking on debt. The platform's algorithm assesses a company's recurring revenue and provides a trading limit, allowing them to select how much of their future revenue they want to trade for up-front capital. Unlike traditional financing options, Pipe is accessible to companies with healthy recurring revenue streams in almost any industry, from small startups to publicly traded corporations.