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Enlightenment Capital

North America, Maryland, United States, Chevy Chase

Description

Enlightenment Capital is a Chevy Chase, Maryland-based private investment firm specializing in providing creative capital solutions to businesses operating within the Aerospace, Defense, Government & Technology (ADG&T) sector. The firm primarily targets middle-market companies, offering a flexible approach that includes equity, mezzanine debt, and structured capital solutions. Their strategic focus is on companies that play critical roles in national security, government services, and advanced technology, aiming to support their growth, acquisition strategies, and recapitalizations.

The firm's investment philosophy centers on partnering with experienced management teams to build enduring businesses. They typically seek to invest in companies with an EBITDA generally ranging between $5 million and $50 million. Enlightenment Capital is known for its ability to deploy substantial capital, with individual transactions often involving between $20 million and over $100 million of equity and/or debt capital. This flexibility allows them to tailor solutions to the specific needs of their portfolio companies, whether through growth equity, buyouts, or strategic recapitalizations.

Enlightenment Capital has demonstrated consistent growth in its capital base, reflecting its strong track record and investor confidence. The firm successfully closed its fourth fund, Enlightenment Capital Solutions Fund IV, at $540 million in 2022, bringing its total assets under management to over $1.5 billion across its various funds. This significant capital base underscores their capacity to execute complex transactions and provide long-term support to their portfolio companies. Their deep sector expertise and network further position them as a preferred partner for businesses navigating the unique dynamics of the ADG&T market.

Investor Profile

Enlightenment Capital has backed more than 24 startups, with 2 new investments in the last 12 months alone. The firm has led 18 rounds, about 75% of its total and boasts 8 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Private Equity, Series B, Series A rounds (top funding stages).
  • Majority of deals are located in United States, The Netherlands, China.
  • Strong thematic focus on Information Technology, Software, Consulting.
  • Led 1 rounds in the past year.
  • Typical check size: $20M – $100M.

Stage Focus

  • Private Equity (75%)
  • Series B (8%)
  • Series A (8%)
  • Series Unknown (8%)

Country Focus

  • United States (92%)
  • The Netherlands (4%)
  • China (4%)

Industry Focus

  • Information Technology
  • Software
  • Consulting
  • Information Services
  • Cyber Security
  • Computer
  • Hardware
  • Aerospace
  • Robotics
  • Security
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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 Enlightenment Capital frequently co-invest with?

CC
North America, California, United States, San Francisco
Co-Investments: 2
Co-Investments: 1
IronGate Capital Advisors
North America, Florida, United States, Palm Beach Gardens
Co-Investments: 1
PM
North America, California, United States, West Hollywood
Co-Investments: 1
CV
North America, New York, United States, New York
Co-Investments: 1
PA
North America, Washington, United States, Sumner
Co-Investments: 1
CTK Investments
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 1
Break Trail Ventures
North America, Colorado, United States, Boulder
Co-Investments: 1
Airbus Ventures
North America, California, United States, Menlo Park
Co-Investments: 1
Co-Investments: 1

Which angels does Enlightenment Capital often collaborate with?

ML
North America, California, United States, Los Angeles
Shared Deals: 1
TT
North America, Pennsylvania, United States, Pittsburgh
Shared Deals: 1
BS
North America, California, United States, Los Angeles
Shared Deals: 1

What are some of recent deals done by Enlightenment Capital?

Forterra

Clarksburg, Maryland, United States

Forterra develops autonomous systems for ground-based movement focusing on defense and industrial use.

AutomotiveAutonomous VehiclesMilitary
Series BSep 10, 2024
Amount Raised: $75,000,000
Cryptic Vector

East Liberty, Ohio, United States

Cryptic Vector is a manufacturer of cyber products and hardware for defense sectors.

HardwareManufacturing
Private EquityAug 8, 2024
Summit Technology Consulting Group

Lancaster, Pennsylvania, United States

Summit Technology Consulting Group has serviced our clients by providing innovative professional technology services.

Information ServicesInformation Technology
Private EquityApr 4, 2024
OROS Labs

Portland, Oregon, United States

OROS Labs is a material technology company provides thermal solutions.

EnergyWaste Management
Series BApr 3, 2024
Amount Raised: $22,000,000
Ridgeline International

Mclean, Virginia, United States

Technology, Digital Signature Management

Cloud ManagementCyber SecurityInformation ServicesInformation TechnologyIT InfrastructureMessagingSoftware
Private EquityDec 21, 2023
Red Alpha

Columbia, Maryland, United States

Red Alpha provides ERP, software development, data presentation, visualization, data science and cloud computing services.

Cloud ComputingEnterprise Resource Planning (ERP)Software
Private EquityJul 12, 2023
Inovex Information Systems

Hanover, Maryland, United States

Inovex Information Systems is an IT business that offers its clients with consulting, engineering, development, and integration expertise.

ComputerInformation TechnologySoftware
Private EquityNov 30, 2022
Laxton

Den Haag, Zuid-Holland, The Netherlands

Laxton supports governments and organizations around the world with end-to-end solutions in the Election, Citizen Identity & Border Security

ComputerInformation TechnologySoftware
Private EquityOct 10, 2022
PM Consulting Group

Towson, Maryland, United States

PM Consulting Group provides mission-critical services tailored to your acquisition, operations, program and financial management needs.

ConsultingProject Management
Private EquityApr 6, 2022
Robotic Research

Gaithersburg, Maryland, United States

Robotic Research develops autonomy and robotic technology to improve the safety, security, and effectiveness of transportation.

Autonomous VehiclesConsultingRoboticsTelecommunications
Series ADec 9, 2021
Amount Raised: $228,000,000