TECOBI nets $1.5M in Debt Financing from Lighter Capital to Help Expand Size and Scope.
TECOBI, an SaaS company leading growth in the automotive industry, will expand their operations and support to clients across North America. Aiming to connect the world via hybrid communication, TECOBI notably dreams big while emphasizing a focus on mindful thinking.
Lighter Capital provides a second round of NON-DILUTIVE funding to Beachly
Beachly is riding a wave of success thanks to funding by Lighter Capital. By scaling their product offering and forging a partnership with SeaTrees to restore ocean ecosystems, Beachly subscribers look great and feel good too.
School Bytes, a Lighter Capital-Funded Company, is Taking Off!
School Bytes education management platform is quickly spreading throughout Australia. Thanks to seamless funding from Lighter Capital, they have the ability to grow the software that saves valuable time for hundreds of Australian schools.
dbt Labs, a Lighter Capital-funded company, raises $150m from Altimeter and existing investors Sequoia Capital and Andreessen Horowitz
Lighter Capital helped dbt Labs get its start with funding that allowed them to think long-term. Two years after taking funding from Lighter Capital, dbt Labs raised $105m in Series C financing from Altimeter, and existing investors Andreessen Horowitz and Sequoia Capital. This funding will allow dbt Labs to build an extraordinary team of engineers and expand the breadth of what dbt can do.
An Unexpected COVID-19 Success Story in Lighter Capital’s Portfolio
Coming out of the pandemic, Aisle Planner intends to make the most of lessons learnt to strengthen its business. It plans to share its resources and make its suite of tools easily accessible to every business. From a strategic perspective, it also recently completed and launched the Aisle Guide, a new platform designed to amplify the voices and work of planning professionals and create a direct connection to consumers.
From Lighter Capital Funding to $29.5m in Series B Financing
Lighter Capital helped Fishtown get its start with funding that allowed them to think long-term. Two years after taking funding from Lighter Capital, Fishtown Analytics raised $29.5m in Series B financing from Andreessen Horowitz and Sequoia Capital. This funding will allow Fishtown to build an extraordinary team of engineers and expand the breadth of what dbt can do.
Lighter Capital & NAB teamed-up to thrill CourseLoop, an Australian startup
CourseLoop is one of many Australian startups working with NAB as a trusted bank for their growing business needs. The Lighter Capital team is excited to partner with NAB to help more Australian entrepreneurs take their business to the next level.
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.