Lighter Capital Raises Over $100m in Debt and Equity Led by Credit Suisse and i80 Group
Lighter Capital, the leading provider of non-dilutive financing to tech startups, announced a capital raise of over $100m in debt and equity led by Credit Suisse and i80 Group. Other Lighter Capital investors include National Australia Bank, Silicon Valley Bank, and Voyager Capital. This funding will enable Lighter Capital to continue to provide growth funding to hundreds of additional companies in the United States, Canada, and Australia.
LIGHTER CAPITAL LOVES FOUNDERS
Lighter Capital has helped over 400 founders grow their businesses without giving up equity, board seats or control. A few examples of recent client success stories are Aisle Planner, Courseloop, and Fishtown Analytics. Revenue-Based Financing perfectly aligns Lighter Capital interests with those of their customers by allowing companies to vary their loan repayments based on revenue. Lighter’s mission is to help startups realize their dreams without giving up equity too soon and without an onerous debt burden.
Lighter’s application process is fast and simple. The team at Lighter understands that entrepreneurs are time-poor and would rather spend energy growing their businesses than raising capital.
"We are proud to welcome Lighter Capital, a pioneer and leader in revenue based financing, into our portfolio. We look forward to working with the Lighter team to fund exciting and innovative entrepreneurs."
- Asher Hochberg, Managing Director at i80 Group
TRUSTED ADVISORS AND CONNECTORS
Lighter Capital is more than just a funding vehicle. The company provides its customers with valuable connections to each other as well as other funding sources as their businesses grow.
“We are thrilled to welcome new capital providers, Credit Suisse and i80 Group. Their teams share our passion for helping entrepreneurs to scale their businesses while retaining equity and control.”
- Melissa Widner, CEO at Lighter Capital
About Credit Suisse
Credit Suisse is a leading global wealth manager with strong investment banking capabilities. Headquartered in Zurich, Switzerland, they have a global reach that extends to about 50 countries worldwide across mature and emerging markets. For more information, please visit https://www.credit-suisse.com/us/en.html.
About i80 Group
i80 Group is an investment firm designed to propel the innovation economy forward by empowering growth. The firm provides bespoke financing solutions that are unique to each partner's needs, advancing them through critical growth milestones. Like the I-80 freeway from which it takes its name, the firm operates at the intersection of Silicon Valley innovation and Wall Street finance. For more information, please visit https://www.i80group.com/
Lighter Capital is the pioneering leader in founder-friendly, non-dilutive financing. Since 2010, we have provided hundreds of millions in funding to over 500 US, Canadian, and Australian tech companies. Founders achieve success on their terms with our tech-enabled financing because it has no hidden fees, equity, warrants, or covenant requirements. The application process takes minutes and requires no pitch deck. Beyond financing, our “more than money” benefits provide founders with access to invaluable connections within the Lighter Capital Community, resources, and product discount opportunities. For more information on Lighter Capital, please visit https://www.lightercapital.com. To apply for non-dilutive financing, please go to https://www.lightercapital.com/apply/.
About Lighter Capital
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Marketing at Lighter Capital