Lighter Capital
2024 Revenue
$9.9M
Customers
350
Funding
$116M
YOY
71.1%
Avg ACV
$28.2K
Team
41
Founded
2010
How Lighter Capital CEO Thor Culverhouse grew to $9.9M revenue and 350 customers in 2024.
Lighter Capital is a lender that provides revenue-based financing to software, technology and knowledge-based companies. The firm helps early-stage companies that are generating sales, but need additional capital for their growth and development. It was established in 2010 and is headquartered in Seattle, Washington.
Last updated
Lighter Capital Revenue
In 2024, Lighter Capital's revenue reached $9.9M. The company previously reported $5.8M in 2023. Since its launch in 2010, Lighter Capital has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Lighter Capital Hit $9.9m revenue in October 2024 | |
| 2023 | Lighter Capital Hit $5.8m revenue in October 2023 | |
| 2021 | Lighter Capital Hit $4.3m revenue in April 2021 | |
| 2010 | Launched with $0 revenue |
Lighter Capital Valuation, Funding Rounds
Lighter Capital has not publicly disclosed its valuation. The company has raised $116M in total funding to date.
Lighter Capital has raised $116M in total funding across 4 rounds, with its most recent round in 2021.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2021 | Funding round | $100M | - | - | |
| 2015 | Funding round | $9M | - | - | |
| 2014 | Funding round | $1M | - | - | |
| 2010 | Funding round | $6M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Lighter Capital serves 350 customers.
Lighter Capital Employees & Team Size
Lighter Capital employs approximately 41 people as of 2026, down from 47 in 2023, including 4 sales reps that carry a quota. It serves 350 customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 41 employees (December 2024) |
| 2024 | Reached 47 employees (October 2024) |
| 2023 | Reached 47 employees (October 2023) |
| 2022 | Reached 43 employees (October 2022) |
| 2021 | Reached 42 employees (December 2021) |
| 2021 | Reached 41 employees (July 2021) |
| 2021 | Reached 51 employees (April 2021) |
Frequently Asked Questions about Lighter Capital
What is Lighter Capital's revenue?
Lighter Capital generates $9.9M in revenue.
Who founded Lighter Capital?
Lighter Capital was founded by Thor Culverhouse.
Who is the CEO of Lighter Capital?
The CEO of Lighter Capital is Thor Culverhouse.
How much funding does Lighter Capital have?
Lighter Capital raised $116M.
How many employees does Lighter Capital have?
Lighter Capital has 41 employees.
Where is Lighter Capital headquarters?
Lighter Capital is headquartered in Seattle, Washington, United States.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
G2 Tecnologia
G2 Tecnologia is a Gold Partner SAP consultancy specialized in the ERP SAP Business One offering as SaaS.
GoComet
GoComet is a platform that provides supply chain solutions for businesses. It offers services such as freight management, procurement, and analytics to help businesses optimize their supply chain operations. With its user-friendly interface and advanced technology, GoComet aims to streamline supply chain processes and improve efficiency for its clients.
Hypersonix
Hypersonix AI Platform powers intelligent enterprises with actionable Intelligence across their application systems. Hypersonix democratizes Decisioning by empowering every decision maker to get real-time intelligence, insights and recommendations to take timely actions leading to business success. Its predictive and prescriptive analytics can measure and monitor business results, clarify why results are occurring, and recommend actions to drive improvements. Leveraging innovations in ML, NLP, Real-Time data computing, Hypersonix offers a simple, fast "Google-like" experience supported by "Jarvix" a virtual assistant. Designed for Retail, Restaurant, Hospitality, and eCommerce, the company helps clients drive profitable growth, save money and improve customer engagement.
Miklos Systems, Inc.
Miklos Systems is an IT company specializing in network engineering services.
Regal Credit Management
Firm building, protecting and restoring credit profiles and identities of high-profile clients, including professional athletes, famous actors and musicians
Functional Diagnostic Nutrition (FDN)
Teaching health professionals to use functional laboratory testing to develop all-natural, drug-free protocols so their clients get maximum results
