Lighter Capital was created to address the needs of business owners with a new form of growth funding.
Instead of lending money at fixed rates, Lighter Capital offers loans in exchange for a percentage of future revenues. So payments start small, and only increase as the company is able to grow revenues. Lighter Capital invests $50,000 to $500,000 in growing tech-based companies.
Investment qualifications:
– Annual revenue > $200k
– Gross margin >50%
– SaaS, ISV, or Tech focused
Advantages of a Lighter Capital investment:
– No dilution, no loss of control
– Fast access to capital ~ 1 month
– Flexible payments
This approach, called revenue based finance, is common in the mining and entertainment industries, and now Lighter Capital is applying it to the needs of tech-based companies
Entrepreneurial professional with experience as a venture capitalist, angel investor and executive in startup companies. Broad experience leading startups, venture and angel investments, public company financing, and building and leading operating teams.
CEO of a VC-backed startup
CFO of a public cleantech company
Venture Capitalist investing in cleantech companies
Raised and invested over $30 million in technology companies
MBA and MA in International Studies (China Studies) from the University of Washington
Specialties:Strategic Planning, Budgeting, Forecasting, Financial Operations, Raising Capital for Information and Energy Technology Companies, Venture Capital Investments, Due Diligence, Investment Structuring & Valuation
Christian is a story teller.
His livelihood is underpinned by this inherent need to tell compelling stories… yes, Christian does Marketing. (He is also a Ghost Tour guide in Pike Place Market. Again, that story telling thing…)
Erik Benson is a Seattle-based venture capitalist. Prior to joining Voyager Capital in 1998, Erik ran a graphics software startup called Mimix and was an EIR for the Washington Research Foundation.
Prior to Voyager, Erik was an investor for WRF Capital after leadership roles at Mimix Inc., a pioneer in the area of motion capture and animation software for the gaming industry. Erik started his career in New York for a predecessor bank to JPMorgan Chase, advising and financing private equity clients.
Andy Sack has over 15 years experience running and investing in high tech businesses, most recently as co-founder and CEO of Judy’s Book, a local search social network. Prior to founding Judy’s Book in 2004, Andy co-founded three successful Internet technology companies: Kefta (acquired in 2007 by Axciom), a leading provider of real time customer interaction solutions; Abuzz, (acquired by New York Times Digital in 1999), an enterprises knowledge management solution named number one in the Internet software category by Red Herring Magazine and the top company to work for by Boston Magazine; and Firefly Network, an Internet company that pioneered internet personalization technologies (acquired by Microsoft). Andy also spent time as an entrepreneur in residence for SOFTBANK Venture Capital (now Mobius VC) where he founded and served on the board of three companies: BodyShop Digital, Quova, and Kefta.
Director of Operations at Lighter Capital
Principal at Lighter Capital
Developer at Lighter Capital