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We had a great July, closing nine deals for a total of $3.1M—an average loan size of approximately $350K! Eight of the nine startups we funded are new to the Lighter Capital family, too. We’re thrilled to welcome them to the community and ready to watch them grow!
Here’s a quick rundown of the deals we closed in July.
First-time clients
BoardOnTrack provides powerful, web-based tools to board members and CEOs of charter public schools. More than 3,000 board members serving 260,000 students rely on BoardOnTrack for charter school governance.
Stylitics is a fashion technology and data company. They provide several tools to help retailers improve their CRM and optimize customer recommendations and targeting. They also provide the B2C app ClosetSpace, a style management and recommendation solution.
Exacter provides asset sensing, data, and analytics for utility grids. Their grid intelligence system helps improve asset investment and reliability for transmission and distribution. They serve more than 100 utility providers around the world.
MageMojo provides hosting and services to eCommerce companies on the Magento platform. MageMojo works with their clients to optimize their stores and keep load times reasonable (a serious problem on Magento). They currently work with over 10,000 online stores.
ValGenesis helps life science companies bring products to market more quickly, safely, and efficiently by delivering validation lifecycle management software solutions. They help life science companies around the world with data integrity, consistency, control, and company-wide transparency.
RolePoint aids companies in talent acquisition by providing a variety of tools for employee referrals, internal talent mobility, and candidate experience optimization. SMBs, growing companies, and entrenched enterprises all rely on RolePoint to help land the talent they need.
Salestream Software provides MasterStream, a hosted telecom lead-to-cash software solution. MasterStream delivers end-to-end automation of telecom business processes, from pre-sales contact management to order tracking. Provisioning, commission management, and more.
DrupalSquad provides development, hosting migration, maintenance, and support to organizations building websites on the Drupal platform. Over the last five years, DrupalSquad has provided Drupal solutions to hundreds of companies.
Repeat clients
ReviewBuzz is an online reputation management tool that helps companies generate more positive reviews on platforms like Yelp, Facebook, and Google Places, increase their online ratings, and cultivate more happy customers. We first funded ReviewBuzz in March, and they’ve been growing nicely!
Congrats to all of our clients, new and old. Happy growing!
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