Advantage Capital

Advantage Capital is a venture capital firm founded in 1992, headquartered in New Orleans, Louisiana, with additional offices across the United States. The firm specializes in growth equity, lending, and mezzanine debt capital investments, primarily targeting small businesses at various stages of development, from early to later stages, excluding seed investments. Advantage Capital focuses on investing in low-income communities, both urban and rural, and supports state and local economic development initiatives. It seeks opportunities in sectors such as communication, information technology, telecommunications, business services, manufacturing, pharmaceuticals, biotechnology, life sciences, and energy, while also considering investments in rural agricultural businesses. The firm typically makes initial investments ranging from $0.5 million to $10 million in companies with sales of less than $5 million, with potential for larger investments based on milestones. Advantage Capital also provides various forms of debt capital and prefers co-investing with other firms. The firm is committed to addressing the financing needs of underserved areas and fostering economic growth in communities lacking traditional sources of risk capital.

Advantage Capital has invested over $3.8 billion in more than 800 portfolio companies and projects nationwide since 1992. The firm has a strong track record of public-private partnerships with state and federal economic development organizations, facilitating the flow of billions of dollars of investment capital into underserved communities. In 2021, the firm invested more than $225 million in 100 businesses across 27 states. The firm's portfolio includes companies like Lockers Manufacturing in Mississippi, DOORWAYS in Missouri, and Opendorse in Nebraska. Advantage Capital's approach is characterized by strategic investments that drive capital to underserved regions, fostering economic growth and community development.