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Advantage Capital

North America, Louisiana, United States, New Orleans

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Advantage Capital frequently co-invest with?

Gefinor Capital
North America, New York, United States, New York
Co-Investments: 5
LaunchCapital
North America, Connecticut, United States, New Haven
Co-Investments: 4
Connecticut Innovations
North America, Connecticut, United States, Rocky Hill
Co-Investments: 15
Ironwood Capital
North America, Connecticut, United States, Avon
Co-Investments: 13
Prolog Ventures
North America, Missouri, United States, St Louis
Co-Investments: 7
Rand Capital
North America, New York, United States, Buffalo
Co-Investments: 11
Venture Investors
North America, Wisconsin, United States, Madison
Co-Investments: 7
LT
North America, Louisiana, United States, Baton Rouge
Co-Investments: 6
Enhanced Capital Partners
North America, New York, United States, New York
Co-Investments: 10
Stonehenge Capital
North America, Ohio, United States, Columbus
Co-Investments: 5

Which angels does Advantage Capital often collaborate with?

AB
North America, Missouri, United States, Kansas City
Shared Deals: 1
RA
North America, Wisconsin, United States, Madison
Shared Deals: 1
WC
North America, Tennessee, United States, Nashville
Shared Deals: 1
Shared Deals: 1
NC
North America, Massachusetts, United States, Boston
Shared Deals: 1
SC
North America, New Mexico, United States, Albuquerque
Shared Deals: 1
KM
North America, Texas, United States, Austin
Shared Deals: 1
ND
North America, California, United States, San Francisco
Shared Deals: 1
JJ
North America, Texas, United States, Austin
Shared Deals: 1
SB
North America, United States
Shared Deals: 1

What are some of recent deals done by Advantage Capital?

Organizational Development Resource Group

Arlington, Virginia, United States

Organizational Development Resource Group offers management consulting and administrative support services.

Business DevelopmentInformation TechnologyOffice AdministrationProfessional ServicesTraining
Series UnknownJun 17, 2025
Amount Raised: $3,000,000
Dimension Energy

Atlanta, Georgia, United States

The Dimension Renewable Energy team has more than a decade of experience developing renewable energy projects around the world.

Energy
UndisclosedJun 16, 2025
Amount Raised: $170,000,000
Specialty Printing

East Windsor, Connecticut, United States

Specialty has been a trusted leading manufacturer of pressure-sensitive labels and related products in the United States.

ManufacturingPrinting
Series UnknownMay 6, 2025
Amount Raised: $11,500,000
Gravity Diagnostics

Covington, Kentucky, United States

Gravity Diagnostics is a full-service state-of-the-art CLIA laboratory licensed in all 50 states providing innovative laboratory testing.

Health DiagnosticsHospital
Series UnknownFeb 11, 2025
Amount Raised: $5,000,000
Umecc

West Chester, Ohio, United States

Umecc is a steel manufacturing industry.

IndustrialIndustrial ManufacturingManufacturingMining
Private EquityJan 27, 2025
Amount Raised: $2,500,000
Origis Energy

Miami, Florida, United States

Origis Energy develops and operates solar power plants to provide renewable energy and decarbonization solutions.

Clean EnergyEnergyRenewable EnergySolar
Debt FinancingJan 9, 2025
Amount Raised: $415,000,000
Servicengine Corporation

Danbury, Connecticut, United States

Servicengine Corporation is a Computer Software company.

Computer VisionSoftware
Series UnknownNov 21, 2024
Amount Raised: $3,750,000
Intramotev

St Louis, Missouri, United States

Intramotev creates self-propelled battery-electric railcars that operates autonomously and reduce the reliance on traditional locomotives.

Autonomous VehiclesFreight ServiceLogisticsRailroad
Series AAug 15, 2024
Amount Raised: $14,400,000
Whitman Controls

Bristol, Connecticut, United States

Whitman Controls specializes in the manufacture of miniature pressure, vacuum, temperature, and liquid level switches and sensors.

Industrial AutomationManufacturing
Private EquityMay 1, 2024
Amount Raised: $4,500,000
Cloverleaf.me

Cincinnati, Ohio, United States

Cloverleaf provides automated personal and team coaching to help businesses detect and combine personalities for a team.

Data VisualizationHuman ResourcesInformation Technology
Series AMar 27, 2024
Amount Raised: $7,300,000