Lighter Capital

OverviewSuggest Edit

Lighter Capital was created to address the needs of business owners with a new form of growth funding. Instead of lending money at fixed rates, Lighter Capital offers loans in exchange for a percentage of future revenues. So payments start small, and only increase as the company is able to grow revenues. Lighter Capital invests $50,000 to $500,000 in growing tech-based companies. Investment qualifications: - Annual revenue > $200k - Gross margin >50% - SaaS, ISV, or Tech focused Advantages of a Lighter Capital investment: - No dilution, no loss of control - Fast access to capital ~ 1 month - Flexible payments This approach, called revenue based finance, is common in the mining and entertainment industries, and now Lighter Capital is applying it to the needs of tech-based companies
TypePrivate
Founded2010
HQSeattle, US
Websitelightercapital.com
Employee Ratings4.3

Latest Updates

Employees (est.) (Sept 2020)54(-6%)
Cybersecurity ratingBMore

Key People/Management at Lighter Capital

Thor Culverhouse

Thor Culverhouse

CEO & Director
Stephanie Jessel

Stephanie Jessel

VP, Human Resources
Mike Luebbers

Mike Luebbers

CCO
Joe Silver

Joe Silver

CFO
Kevin Fink

Kevin Fink

CTO
Erik Benson

Erik Benson

Director
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Lighter Capital Office Locations

Lighter Capital has an office in Seattle
Seattle, US (HQ)
1201 3rd Ave
Seattle, US
1501 4th Ave #1180
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Lighter Capital Financials and Metrics

Summary Metrics

Founding Date

2010

Lighter Capital total Funding

$15 m

Lighter Capital latest funding size

$9 m

Time since last funding

5 years ago

Lighter Capital investors

Lighter Capital's latest funding round in November 2015 was reported to be $9 m. In total, Lighter Capital has raised $15 m
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Lighter Capital Operating Metrics

May, 2019

Companies Financed to Date

300

Data Points Analyzed

6.50 k

Financing Rounds Provided to Date

550

Total Loans Lent

$150 m
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Lighter Capital Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Lighter Capital Online and Social Media Presence

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Lighter Capital News and Updates

Lighter Capital expands debt financing business to Canada

Lighter Capital, a Seattle-headquartered financing lender, is making its debt financing offerings, including term loans and lines of credit, available to the Canadian market....

Lighter Capital secures $100M to grow its equity-free financing business

Lighter Capital announced today that it has secured access to $100 million to lend to growing startups. The firm is best-known for its work with revenue-based financing, in which expanding companies repay borrowed funds out of future receipts. Lighter has also expanded into other, equity-free capita…

Lighter Capital Blogs

Our Commitment to Supporting Your Financial Needs During COVID-19

As uncertainty grows amid the COVID-19 outbreak, we’ve adapted quickly and remain dedicated to supporting your financial needs during these difficult times. The post Our Commitment to Supporting Your Financial Needs During COVID-19 appeared first on Lighter Capital.

Why Startup Founders are Turning to Non-Dilutive Debt Capital to Fuel Growth

The landscape of startup financing is changing. Learn why SaaS founders are turning to debt capital options like revenue-based financing, term loans, and lines of credit to fuel growth. The post Why Startup Founders are Turning to Non-Dilutive Debt Capital to Fuel Growth appeared first on Lighter C…

Now Offering Canadian Tech Startups Access to Entrepreneur-Friendly Financing

Debt is the most cost effective form of capital for early stage companies. We’ve created a fast, easy way for revenue-generating tech startups to access financing without having to give up any equity or control - now available to the Canadian market. The post Now Offering Canadian Tech Startups Acce…

What’s the Relationship Between Revenue Churn and Logo Churn?

When people talk about “churn,” it's often about logo churn. But you should also look at revenue churn. Here's what to know about these two SaaS metrics. The post What’s the Relationship Between Revenue Churn and Logo Churn?  appeared first on Lighter Capital.

What is Market Development Strategy? (Definition and Examples)

Market development strategy lets growing businesses identify new market segments for current products. We take a look at the exact definition and examples. The post What is Market Development Strategy? (Definition and Examples) appeared first on Lighter Capital.

What Does Your LTV/CAC Ratio Tell You?

The LTV/CAC ratio is a metric for analyzing the efficiency of company resources using a cost-benefit analysis of customer acquisition and retention processes. The post What Does Your LTV/CAC Ratio Tell You?  appeared first on Lighter Capital.
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Lighter Capital Frequently Asked Questions

  • When was Lighter Capital founded?

    Lighter Capital was founded in 2010.

  • Who are Lighter Capital key executives?

    Lighter Capital's key executives are Thor Culverhouse, Stephanie Jessel and Mike Luebbers.

  • How many employees does Lighter Capital have?

    Lighter Capital has 54 employees.

  • Who are Lighter Capital competitors?

    Competitors of Lighter Capital include Aura, Eloan and Tua Financial.

  • Where is Lighter Capital headquarters?

    Lighter Capital headquarters is located at 1201 3rd Ave, Seattle.

  • Where are Lighter Capital offices?

    Lighter Capital has an office in Seattle.

  • How many offices does Lighter Capital have?

    Lighter Capital has 2 offices.