FT Partners Advises Lighter Capital in its $9,000,000 Series B Financing
Overview of Transaction
- On November 27, 2015, Lighter Capital announced it had secured $9 mm in Series B financing from Voyager Capital and Summit Capital
- Lighter Capital offers loans to entrepreneurs using a revenue-based financing model
- The Company lends $50k to $2 mm in growing tech-enabled companies
Significance of Transaction
- Lighter Capital will use the financing to increase its market traction and global presence
- This investment validates the increasing importance of alternative lending providers and recognizes the strength of Lighter Capital's offering
FT Partners' Role
- FT Partners served as exclusive strategic and financial advisor to Lighter Capital and its Board of Directors
- FT Partners leveraged its deep knowledge of Lighter Capital and the industry to help the Company manage investor interest and rapidly execute the transaction
- Transaction demonstrates FT Partners' continued success in achieving highly attractive outcomes for leading credit and lending technology firms