March Newsletter: Celebrating Our Female Founders ??

March Newsletter: Celebrating Our Female Founders ??

Hi there,

It's International Women's Day, a day to celebrate and accelerate greater equality for women in the world.?

Lighter Capital is not only a woman-led company, but also actively working to help lower barriers and improve outcomes for female tech founders through both our mission and our commitment to provide more than money.

From funding startups without a bias for gender to hosting a monthly CEO group for the female founders in our client portfolio, we strive to support and champion talented hard-working women 365 days a year.

We also help female entrepreneurs network and make connections to continue growing their companies on the terms they want. Numeracle , founded by Rebekah Johnson ?? , for example, just raised $6.8 million from investors they met through Lighter Capital.

Please join us in celebrating all of the incredible female tech entrepreneurs and women leading innovative startups that are transforming the world! This month's newsletter highlights just a few of these women, who we're exceptionally proud to work with.

Niching down and cleaning up. ??

Tracy Davis , Founder and CEO of TRAX Analytics , found gold somewhere unexpected: bathrooms. Her cutting-edge technology offers data-driven janitorial solutions, so the airport restroom you run to the moment you deplane is squeaky clean and fully stocked. Get startup leadership insight and more from Tracy as she discusses her entrepreneurial journey with Lighter's Melissa Widner on our latest podcast.

Listen to the full episode here

Founders Hub ??

The Founder's Guide to Startup Equity Dilution

Become an expert at navigating startup equity dilution. We show you how equity gets diluted, founder dilution through funding rounds, and how to assess the cost of selling equity.

10 Ways Founders Can Minimize Share Dilution

Use these ten tactics —? from organic growth to negotiation strategies — to preserve equity and ownership as you grow your startup.

How to Increase Your Tech Startup's Valuation

In addition to boosting your revenue bottom line, these five recommendations can help maximize your company’s valuation in the eyes of investors.

Startup Funding Calculators ??

Equity Dilution Calculator

Startup Valuation Calculator

Podcast ? Bootstrapped: The Lighter Side ??

  • Numeracle founder and CEO Rebekah Johnson ?? speaks candidly about how she bootstrapped her startup from her personal savings to build a successful identity management solution that continues to grow. Listen here.
  • Bold Street CEO Chris Fellows why having a good co-founder and CEO group can uncover insights and help founders succeed.?Listen here.

Startup Spotlight ??

Despite her innovative young company's qualifications and early growth, ProSpend 's founder Sharon Nouh couldn't win over VCs who doubted she could compete with established global competitors. She persevered and proved them wrong, bootstrapping the business.

After meeting Lighter's CEO Melissa Widner through Apropela (formerly Heads Over Heels) , a nonprofit that supports women entrepreneurs, Sharon discovered a way to fast track her company's growth. ProSpend has since secured 4 rounds of non-dilutive funding totaling over $2M AUD from Lighter Capital , becoming a major player in the $19B business spend management market.

Read the success story

Get Capital to Grow. Keep Your Equity. ??

Though startup funding in 2024 looks optimistic, it can take 12 to 24 months on average (sometimes longer) to raise capital from angel investors and VCs. That's valuable time away from your business to raise money you might not get, or to potentially turn down a deal you don't want. Good news: If you've got recurring revenue, you can get capital to weather any storm from us. Fill out our short pre-qualifying application to connect with an investment director today.

?? APPLY NOW ??

Community ??

Lighter Capital 2024 U.S. Summit?

Tickets are open for the fourth annual Lighter Summit in Boulder, Colorado! If you're a Lighter client, don't forget to grab your tickets using the private link we emailed you. We're now accepting sponsors for this year's event, too. Please reach out to Caitlin Goetze, Head of Partnerships and Community, at [email protected] to discuss sponsoring the Summit.??

Partner Network ??

New partners have generously added to our Client Perk Program this month. As a client of Lighter Capital, you have access to over $100,000 in product and service discounts. We are continually adding resources that help you grow your startup more efficiently.

Become a Partner

Amazon Web Services (AWS) helps startups build and scale through AWS Activate. Reduce costs and increase your speed to market with credit packages to support your early-stage startup's changing needs and growth.

Lighter Capital clients in the U.S. get up to $25,000 in Activate credits; Australian clients can get up to $150,000 (AUD) in credits. Apply now or talk with your Investment Director to learn more.

?Compass East scales finance and accounting operations for B2B SaaS businesses.

Lighter Capital clients have access to 20% off implementation fees during onboarding, a value of approximately $7,500.

Upcoming Events ??

Connect with the Lighter Capital team at an event near you:

SXSW 2024 ? March 8 - 16, 2024 ?? Austin, TX

The SXSW? Conference & Festivals celebrate the convergence of the tech, film and television, and music industries. Located deep in the heart of Austin, Texas, SXSW is the premier destination for discovery. Connect and meet up with Lowery Thomas and Melissa Widner .

3rd Coast Venture Summit ? March 13 - 15, 2024 ?? New Orleans, LA

The Gulf South’s most groundbreaking technologies and startups that are disrupting existing industries and innovating to create new ones come together at this 3-day event. Join Lowery Thomas and get your tickets here.



And thank you for the support!

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