Advantage Capital

Advantage Capital, established in 1992, is a venture capital firm specializing in growth equity, lending, and mezzanine debt capital investments. It focuses on small businesses, particularly those in low-income communities and underserved areas, supporting state and local economic development efforts. The firm invests across various industries, including manufacturing, technology, business services, and renewable energy, with a typical initial investment range of $0.5 million to $10 million. Advantage Capital provides debt capital in forms such as senior debt, subordinated loans, and government-guaranteed lending, as well as equity capital to real estate development firms. It operates from multiple offices across the United States, with a headquarters in New Orleans, Louisiana.

Al Alvarez

Director

Brian Anderson

Managing Director

Michael Benson

Senior Vice President

Anthony Billings

Vice President

Adam Constantinides

Senior Vice President

Anaëlle Croteau

Vice President

Trey Garland

Senior Associate

Trey Garland

Senior Associate and Investment Team Member

Christopher C. Harris

Principal

Joseph Henderson

Senior Vice President

Joseph Henderson

Senior Vice President, Investment Team

Leah Hendricks

Vice President

Reid Hutchins

Managing Director

Peter Lu

Senior Associate

David McNaught

Vice President

Arjun Mohan

Vice President

Sandra M. Moore

Managing Director, Chief Impact Officer

Jim O'Rourke

Managing Director

Justin N. Obletz

CFO

Tim Perusek

Principal

Josh Rogers

Principal

Gabe Rosen

Vice President

Sam Schlichting

Senior Associate, Investment Team

Talmadge Singer II

Managing Director

Matthew Switzer

Vice President

Tony Toups

Principal

Alexandra Twyman

Vice President and Investment Team Member

Benjamin Warning

Senior Vice President

Jeffrey Gentsch

Venture Partner

J.P. Lynch

Vice President, Investments

Past deals in Kentucky

Cloverleaf.me

Series A in 2024
Cloverleaf LLC offers a visualization and scenario-planning platform designed to enhance team management and employee development. Founded in 2015 and based in Covington, Kentucky, the platform analyzes employee data to provide insights into team dynamics by cross-mapping personality traits, skills, and organizational culture. This enables users, including agile practitioners, project managers, and human resource professionals, to position team members effectively, improve communication, and identify suitable candidates to boost productivity. Additionally, Cloverleaf's automated coaching features deliver personalized nudges through commonly used tools like Google Workspace, Microsoft Outlook, and Slack, fostering collaboration and performance improvements within teams.

MPI

Venture Round in 2020
The MPI Group, LLC is a manufacturer based in Corbin, Kentucky, specializing in custom hollow metal doors, frames, and accessories. Founded in 1980, the company produces a diverse range of products, including standard and special purpose doors designed for severe windstorm resistance, thermal performance, and sound transmission. MPI's offerings include fire-rated doors and frames, which can achieve fire ratings of up to three hours, and they also provide hard-to-find stainless steel options. With modern production facilities spanning approximately 55,000 square feet, MPI distributes its high-quality steel products both nationally and internationally.

MPI

Debt Financing in 2020
The MPI Group, LLC is a manufacturer based in Corbin, Kentucky, specializing in custom hollow metal doors, frames, and accessories. Founded in 1980, the company produces a diverse range of products, including standard and special purpose doors designed for severe windstorm resistance, thermal performance, and sound transmission. MPI's offerings include fire-rated doors and frames, which can achieve fire ratings of up to three hours, and they also provide hard-to-find stainless steel options. With modern production facilities spanning approximately 55,000 square feet, MPI distributes its high-quality steel products both nationally and internationally.

Kingdom Trust

Debt Financing in 2018
Kingdom Trust specializes in innovative custody solutions and escrow services for individual and institutional investors. The firm provides opportunities for investment in alternative assets like digital currency, real estate, precious metals, private equity, and promissory notes as well as traditional assets such as stocks, bonds, and mutual funds. Kingdom Trust also assists crowdfunding and marketplace or peer-to-peer (P2P) lending portals and platforms by accepting individual accounts and related fund documents, and it works with private securities marketplaces, performing API onboarding, escrow, and custody services at both the fund and individual level. It was founded in 2010 and is headquartered in Murray, Kentucky.

JSB Industrial Solutions

Debt Financing in 2018
JSB Industrial Solutions manufactures CNC laser cutting and forming components for their client's manufacturing processes. It also designs and manufactures systems for process needs that larger entities may not find value in. The company has recently purchased the Economy Ball Mill line to revitalize American Manufacturing providing a domestic solution in the pulverization industry. JSB Industrial Solutions was established in 2013 in Tollesboro, Kentucky.

JSB Industrial Solutions

Debt Financing in 2017
JSB Industrial Solutions manufactures CNC laser cutting and forming components for their client's manufacturing processes. It also designs and manufactures systems for process needs that larger entities may not find value in. The company has recently purchased the Economy Ball Mill line to revitalize American Manufacturing providing a domestic solution in the pulverization industry. JSB Industrial Solutions was established in 2013 in Tollesboro, Kentucky.

KFI Seating

Debt Financing in 2017
KFI is a manufacturer of commercial furniture based in Louisville, Kentucky. They manufacture a broad offering of tables and chairs that fit almost any seating solution for Commercial, Hospitality, Education, Government and Healthcare. Most products are manufactured or assembled right here in KY.

JSB Industrial Solutions

Debt Financing in 2016
JSB Industrial Solutions manufactures CNC laser cutting and forming components for their client's manufacturing processes. It also designs and manufactures systems for process needs that larger entities may not find value in. The company has recently purchased the Economy Ball Mill line to revitalize American Manufacturing providing a domestic solution in the pulverization industry. JSB Industrial Solutions was established in 2013 in Tollesboro, Kentucky.

JSB Industrial Solutions

Debt Financing in 2015
JSB Industrial Solutions manufactures CNC laser cutting and forming components for their client's manufacturing processes. It also designs and manufactures systems for process needs that larger entities may not find value in. The company has recently purchased the Economy Ball Mill line to revitalize American Manufacturing providing a domestic solution in the pulverization industry. JSB Industrial Solutions was established in 2013 in Tollesboro, Kentucky.

3DR Labs

Venture Round in 2012
3DR, Inc. is a healthcare services company based in Louisville, Kentucky, specializing in outsourced 3D radiology reconstruction services. The company offers 3D medical image post-processing and reconstruction services primarily for teleradiology firms and diagnostic imaging facilities across the United States. Its services enable hospital radiology departments and standalone imaging centers to efficiently send medical image data from multi-slice computed tomography and magnetic resonance imaging scanners, receiving reconstructed 3D images within hours or minutes for urgent cases. Additionally, 3DR provides an online curriculum aimed at training in volumetric imaging through interactive, self-paced learning. Founded in 2004, 3DR, Inc. operates as a subsidiary of Accumen Inc.

Owensboro Grain

Venture Round in 2012
Owensboro Grain Company, LLC, founded in 1906 and located in Owensboro, Kentucky, specializes in the production of a wide range of soybean-based products and edible oils. The company’s offerings include protein meal and hull pellets for animal feeds, as well as crude and degummed oil and lecithin. Additionally, Owensboro Grain produces various blends of refined vegetable oil for human consumption, biodiesel, glycerin, and industrial waxes. With operations situated along the Ohio River in Western Kentucky, the company is committed to delivering high-quality products that meet the needs of both consumers and industries.

3DR Labs

Series A in 2012
3DR, Inc. is a healthcare services company based in Louisville, Kentucky, specializing in outsourced 3D radiology reconstruction services. The company offers 3D medical image post-processing and reconstruction services primarily for teleradiology firms and diagnostic imaging facilities across the United States. Its services enable hospital radiology departments and standalone imaging centers to efficiently send medical image data from multi-slice computed tomography and magnetic resonance imaging scanners, receiving reconstructed 3D images within hours or minutes for urgent cases. Additionally, 3DR provides an online curriculum aimed at training in volumetric imaging through interactive, self-paced learning. Founded in 2004, 3DR, Inc. operates as a subsidiary of Accumen Inc.

3DR Labs

Debt Financing in 2012
3DR, Inc. is a healthcare services company based in Louisville, Kentucky, specializing in outsourced 3D radiology reconstruction services. The company offers 3D medical image post-processing and reconstruction services primarily for teleradiology firms and diagnostic imaging facilities across the United States. Its services enable hospital radiology departments and standalone imaging centers to efficiently send medical image data from multi-slice computed tomography and magnetic resonance imaging scanners, receiving reconstructed 3D images within hours or minutes for urgent cases. Additionally, 3DR provides an online curriculum aimed at training in volumetric imaging through interactive, self-paced learning. Founded in 2004, 3DR, Inc. operates as a subsidiary of Accumen Inc.

ADiO Pharmacy

Debt Financing in 2012
ADiO Pharmacy is a pharmaceutical company that provides medications and services to its consumers. The company is based in Paducah, Kentucky.

Kentucky Chrome Works

Debt Financing in 2012
Kentucky Chrome Works specializes in decorative custom wheel chrome plating, focusing on luxury alloy wheels. The company provides chrome-plated aluminum alloy wheels, ensuring adherence to OEM standards through advanced air emissions controls, production processes, and wastewater treatment. By offering these metal finishing services, Kentucky Chrome Works aims to enhance the safety and quality of vehicles while maintaining cost efficiency for its customers.
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