Lighter Capital closed two funding facilities: $100 million in the U.S. and Canada provided by Atlas, a division of Apollo Global Management and i80, and $30 million Australia provided by the Victorian Government and iPartners.
Lighter Capital will use the proceeds to fund hundreds of early-stage companies in SaaS, technology services, subscription services, and digital media, enabling them to access growth capital without selling equity.
Over the past decade, Lighter Capital has provided over 1000 rounds of non-dilutive financing. Its growing momentum includes opening new offices in Australia, offering more non-dilutive funding options, and launching the Lighter Capital Community, a CEO network that provides access to peers, introductions to valuable partners, as well as more than $100K in product discounts.
The need for alternative financing is on the rise, and in response to this growing demand, Lighter will use these funds to help even more company founders obtain the capital required for their growth needs.