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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 Lighter Capital 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.

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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.

Lighter Capital Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M20102012201420162018202020222024$0$4M$6M$10MSource: GetLatka.com
YearMilestoneQuote
2024Lighter Capital Hit $9.9m revenue in October 2024
2023Lighter Capital Hit $5.8m revenue in October 2023
2021Lighter Capital Hit $4.3m revenue in April 2021
2010Launched 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.

Lighter Capital Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$25M$50M$75M$100M$125M20102012201420162018202020212010 cumulative: $6M • 2010 Funding round: $6M2014 cumulative: $7M • 2010 Funding round: $6M • 2014 Funding round: $1M2015 cumulative: $16M • 2010 Funding round: $6M • 2014 Funding round: $1M • 2015 Funding round: $9M2021 cumulative: $116M • 2010 Funding round: $6M • 2014 Funding round: $1M • 2015 Funding round: $9M • 2021 Funding round: $100M$116MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2021Funding round$100M--
2015Funding round$9M--
2014Funding round$1M--
2010Funding round$6M--

Lighter Capital Employees & Team Size

Lighter Capital employs approximately 41 people as of 2026, down from 47 in 2023.

Lighter Capital has 41 total employees in different roles and functions and 4 sales reps that carry a quota. They have 350 customers that rely on the company's solutions.

Lighter Capital Team GrowthReported headcount over time0132538506320102012201420162018202020222024004141Source: GetLatka.com
YearMilestone
2024Reached 41 employees (December 2024)
2024Reached 47 employees (October 2024)
2023Reached 47 employees (October 2023)
2022Reached 43 employees (October 2022)
2021Reached 42 employees (December 2021)
2021Reached 41 employees (July 2021)
2021Reached 51 employees (April 2021)

Founder / CEO

Thor Culverhouse

Thor Culverhouse is listed as Founder / CEO at Lighter Capital.

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Customers

See how Lighter Capital acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

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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.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .