Lighter Capital is a revenue-based financing lender that specializes in providing financial capital to small technology companies.
Founded by Andy Sack,[1] a Seattle-area entrepreneur, Lighter Capital was one of the first lenders to use revenue-based financing to fund tech startups. Lighter Capital typically provides growth capital as royalty-based financing to early-stage tech companies based in the United States.[2][3] It is headquartered in Seattle, Washington.
Unlike private equity, venture capital and angel investors, Lighter Capital's revenue-based financing process provides growth capital to tech companies in the form of debt.[4] The company tranches financing across an investment period and looks for general revenue growth.
In 2017, the lender partnered with Intuit to launch a $15 million fund for developers who design apps for QuickBooks.[5]
Since 2010, Lighter Capital has backed more than 270 startup companies with more than 450 rounds of financing, totaling more than $200 million.[6]
In June 2019 Lighter Capital announced it was offering two more forms of debt: term loans and lines of credit. In January 2020, the firm secured access to $100 million in additional capital for lending to startups. As of 2020, Lighter Capital has provided over $200 million of financing to more than 350 companies.[7]
Lighter Capital opened operations in Canada and entered into collaboration with the National Australia Bank in 2020.[8][9]
In September 2020, Melissa Widner was appointed Chief Executive Officer.[10]
^Savitz, Eric (4 January 2012). "Pulp Funding: An Alternative Way To Finance Startups". Forbes. Retrieved 4 December 2018.
^Siacon, Aleanna (17 August 2018). "Forget Amazon: These Are the 10 Fastest-Growing Companies in Seattle".
^Somerville, Heather (27 November 2015). "Lighter Capital raises $100 million fund to back tech startups". Reuters.
^Mannes, John (7 July 2016). "Lighter Capital takes a different approach to startup financing".
^Soper, Taylor (13 November 2017). "Lighter Capital partners with Intuit to launch $15M fund for QuickBooks developers".
^Muhn, Julie (4 October 2018). "Lighter Capital Launches Capital Client Perks Program".
^Wilhelm, Alex (23 January 2020). "Lighter Capital secures $100M to grow its equity-free financing business". TechCrunch. Retrieved 7 May 2021.
^"Seattle-based 'alternative VC' firm Lighter Capital lays off more employees". GeekWire. 2020-07-17. Retrieved 2021-06-16.
LighterCapital is a revenue-based financing lender that specializes in providing financial capital to small technology companies. Founded by Andy Sack...
specific industries and integrate with QuickBooks. Intuit partnered with LighterCapital to create a $15 million fund for developers designing apps for Intuit...
London is the capital and largest city of both England and the United Kingdom, with a population of around 8.8 million, and its metropolitan area is the...
from the original on May 20, 2017. Soper, Taylor (January 30, 2019). "LighterCapital partners with Silicon Valley Bank to offer startups debt financing...
Veenhuizen (2006) Statue of a lamp-lighter (farolero) in Madrid Carl Benedikt Frey. 2019. The Technology Trap: Capital, Labor, and Power in the Age of Automation...
The lighter aboard ship (LASH) system refers to the practice of loading barges (lighters) aboard a bigger vessel for transport. It was developed in response...
years as director of Delta Dental of Washington and as Chairman of LighterCapital. He is currently a director of The Space Needle Corporation, 8 West...
Capital punishment is a legal penalty in China. It is applicable to offenses ranging from murder to drug trafficking. Executions are carried out by lethal...
Capital punishment in Singapore is a legal penalty. Executions in Singapore are carried out by long drop hanging, and usually take place at dawn. Thirty-three...
Venture Fund, Seven Peaks Ventures, Kapor Capital, Learn Capital, Imagine K12, Marc Bell Ventures, and LighterCapital. In total, CodeHS has raised $2.9 million...
Capital punishment is a legal penalty in Malaysian law. There are 34 capital crimes in Malaysia, including murder, drug trafficking, treason, acts of terrorism...
This is a list capital ships of Sweden of the period 1550-1859: Note: Armament could vary over time. Elefant (65), 1558. Wrecked 1564. Finska Svan (82)...
Madrid (/məˈdrɪd/ mə-DRID, Spanish: [maˈðɾið] ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan...
Tunis (Arabic: تونس Tūnis) is the capital and largest city of Tunisia. The greater metropolitan area of Tunis, often referred to as "Grand Tunis", has...
English-speaking countries, Belgian waffles are a variety of waffle with a lighter batter, larger squares, and deeper pockets than American waffles. Belgian...
Capital punishment is a legal penalty in Iran. The list of crimes punishable by death includes murder; rape; child molestation; homosexuality; drug trafficking;...
Italian: Napoli [ˈnaːpoli] ; Neapolitan: Napule [ˈnɑːpulə]) is the regional capital of Campania and the third-largest city of Italy, after Rome and Milan,...
weigh over 500 pounds. Dr. Bombay gives her an antidote which makes her lighter than air, just when she must attend a charity event as an attendant and...
is cheating on her while traveling on business trips when she finds a lighter with the other woman's initials, BA, in Charles' grey suit and calls a...
Global Information