Founded by Andy Sack,[1] a Seattle-area entrepreneur, Lighter Capital was one of the first lenders to use revenue-based financing to fund tech startups.
In 2017, the lender partnered with Intuit to launch a $15 million fund for developers who design apps for QuickBooks.
[6] In June 2019 Lighter Capital announced it was offering two more forms of debt: term loans and lines of credit.
In January 2020, the firm secured access to $100 million in additional capital for lending to startups.
[7] Lighter Capital opened operations in Canada and entered into collaboration with the National Australia Bank in 2020.