Stages:

• Early

 

Industries:

Information Technology

Media & Digital Media

Software & Internet

 

Description:

Lighter Capital provides revenue-based financing to small businesses to fund growth in return for a small percentage of future years' revenues. Lighter Capital's revenue-based financing of up to $3M is intended for early-stage businesses that have established success and are primed for growth, but are cash-constrained and need access to capital. As a pioneer in providing revenue-based loans to startups, Lighter Capital is responsible for bringing the funding application and negotiation process online - enabling applicants to have complete visibility into every aspect of the evaluation process. Additionally, Lighter Capital provides its portfolio companies with access to a set of support resources, such as executive counsel and marketing assistance. The firm's 'RevenueLoan' was created to be a light-weight and flexible financing option with entrepreneur-friendly terms. With no dilution, no loss of control, and no fixed repayment schedule, entrepreneurs can stay focused on growing their businesses. The firm's financing model is best suited for companies that are currently generating at least $60,000 in annual revenue. Since 2012, Lighter has provided over $200 million in growth capital to almost 400 startups. Lighter Capital is affiliated with Founder's Co-op (see profile).

 

Funds:

Fund Name	Amount	Date
Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription.