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General Information

Websitelightercapital.com
Bloglightercapital.co...
Twitter@lightercapital
CategoryOther
Emailinfo@lightercapit...
Employees7
Founded6/10
DescriptionEarly Stage Tech Financing

Offices

Seattle, USA
719 2nd Ave
Suite # 1402
Seattle, WA, 98104
USA

People

CEO
Director
Director of Operations
Chairman
Developer
Principal

Former People

Special Advisor
Marketing Contractor
Director of Customer Acquisition
Show All Former People

Funding

TOTAL $6M
FUNDING TOTAL $6M
Venture Round, 6/10
Voyager Capital
Founder's Co-op
$6M

Tags

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

Recent Milestones

Videos

Screenshots

Lighter Capital screenshot
Above: Homepage
Uploaded: 8/10/11

Sources

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Last Edited 4/22/13

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