We’re excited to announce our most recent funding: Texas-based Fusion Labs. Through Lighter Capital’s $500,000 RevenueLoan investment, Fusion Labs is seeking to boost their growth by increasing their sales and marketing efforts and expanding their team.
Fusion Labs (now known as NPact) is a leading IP development firm, specializing in custom IT solutions and commercial enterprise, web, and mobile software that manages IPs from concept to legacy integration. Their solutions have simplified business practices for customers in the healthcare, technology, retail, finance and nonprofit marketplaces throughout the U.S., Canada, Europe, and the Pacific Rim.
Lighter Capital CEO, BJ Lackland, says, “We love Fusion Labs’ broad industry vertical approach to providing software development and services with deep technical knowledge. It’s also great to see a focus on serving non-profits.”
Finding capital and financing solutions that fit well with software and consulting services businesses is a challenge that Lighter Capital is here to solve. On working with Lighter, Mark Hall, President & Chief Executive Officer, says, “It was important for us to find the right funding partner to help us launch our new business initiatives. As a unique software development business, finding underwriting models that suit multi vertical technology companies is sometimes difficult. Lighter Capital impressed us with their expertise in our markets and the effectiveness of their team in helping us through the process.”
It was great working with both Mark Hall and CFO Larrie Weil. We look forward to watching them continue to grow as they intensify their sales and marketing efforts.
You can find out more about Fusion Labs at NPact.com.