Lighter Capital

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
Type
Private
HQ
Seattle, US
Founded
2010
Employees
41 (est)
Lighter Capital was founded in 2010 and is headquartered in Seattle, US

Key People at Lighter Capital

Jon Prentice

Jon Prentice

Associate, Business Development
Molly Otter

Molly Otter

VP of Credit & CIO
Patrick Doherty

Patrick Doherty

Sr. Director of Marketing
Erik Benson

Erik Benson

Director & Co-Founder
John Roper

John Roper

CTO
BJ Lackland

BJ Lackland

CEO

Lighter Capital Locations

Seattle, US

Lighter Capital Metrics

Lighter Capital Summary

Founding Date

2010

Total Funding

$115 M

Latest funding size

$9 M

Time since last funding

about 1 year

Investors

Lighter Capital's latest funding round of $9 M was in November 2015. In total, Lighter Capital has raised $115 M.
24% of current employees of Lighter Capital are female and 76% are male.

Lighter Capital Online Presence

Lighter Capital News

Lighter Capital Company Life

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