Responding to the COVID-19 pandemic and scaling revenue
The Contractor Compliance team looked over many financing options to support their growth and had considerable interest from several sources. They decided on Lighter Capital because the founders wanted to maintain their equity and find a partner who was easy and quick to work with.
Saving time and scaling revenue
Gray Falkon has its mission clearly in-mind and the team was looking for a solution to accelerate growth, without giving up equity. Major customers were signing up and they were looking for a way to keep the momentum growing.
From cash-strapped startup to $33M Series B
Revenue-based financing helped take MapAnything to the next level. Their customers now include multiple Fortune 500 companies. Two years after their first financing, the company made #227 on the Inc 500 list—number 15 among software companies.
Mixing Lighter Capital and VC funding to go big
One year after financing, Valant had doubled their revenues and customer base. Three years later, they had increased revenues by 500%. “We grew from about 10 employees to 60,” CEO David Lischner says. “We’re on our way to becoming a $100 million company in the next four to five years.”
A Salesforce ISV exits for $360M
After years of slow growth, revenue-based financing helped take SteelBrick to the next level. Two years after taking Lighter Capital funding, they had raised an $18M Series B and a $48M Series C. In late 2015, they were acquired by Salesforce for $360M.