
Advantage Capital
Description
Advantage Capital is a long-standing venture capital firm based in New Orleans, United States, with a distinct focus on fostering economic growth in communities traditionally underserved by conventional capital sources. Established in 1992, the firm has built a significant track record, deploying over $3.8 billion in capital across more than 800 portfolio companies and projects nationwide. This extensive experience underscores their commitment to supporting businesses that contribute to local economies and create job opportunities in areas often overlooked by mainstream investment.
The firm's investment strategy primarily targets growth-oriented businesses, providing both equity and debt financing solutions. Advantage Capital is known for its flexible approach, tailoring investments to meet the specific needs of each company. Their typical first check size ranges from $1 million to $10 million, indicating a preference for early-stage to growth-stage companies that have demonstrated potential for significant expansion. While sector-agnostic to some extent, their portfolio spans diverse industries, including technology, manufacturing, healthcare, and business services, all within their mandate of investing in underserved regions.
Advantage Capital's national footprint is substantial, with investments reaching companies in over 40 states and U.S. territories. This broad geographic reach is a testament to their mission of catalyzing development beyond major metropolitan hubs, bringing much-needed capital and strategic support to businesses in rural and economically challenged areas. By focusing on these communities, Advantage Capital not only aims for financial returns but also strives to generate positive social and economic impact, making them a unique and impactful player in the U.S. venture capital landscape.
Investor Profile
Advantage Capital has backed more than 1,139 startups, with 8 new investments in the last 12 months alone. The firm has led 96 rounds, about 8% of its total and boasts 124 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Debt Financing, Series Unknown, Series A rounds (top funding stages).
- Majority of deals are located in United States, Canada, United Kingdom.
- Strong thematic focus on Manufacturing, Health Care, Software.
- Led 5 rounds in the past year.
- Typical check size: $1M – $10M.
Stage Focus
- Debt Financing (61%)
- Series Unknown (17%)
- Series A (8%)
- Series B (5%)
- Convertible Note (4%)
- Series C (3%)
- Series D (1%)
- Private Equity (1%)
Country Focus
- United States (95%)
- Canada (1%)
Industry Focus
- Manufacturing
- Health Care
- Software
- Food And Beverage
- Biotechnology
- Information Technology
- Medical Device
- Food Processing
- Medical
- Finance
Frequently Asked Questions
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