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 Ohio

RXQ Compounding

Series A in 2020
RXQ Compounding, LLC is an FDA-approved 503B Outsourcing Facility located in Athens, Ohio, specializing in the manufacture and distribution of sterile and non-sterile medications throughout the United States. Founded in 2014, the company offers a diverse range of products including sterile and non-sterile injectables, veterinary medications, dermatologic creams and ointments, ophthalmic solutions, and orthopedic steroids, along with custom production solutions for hospitals. RXQ Compounding emphasizes safety and quality by adhering to rigorous regulatory standards and has developed a proprietary procedural manual to ensure compliance with FDA guidelines. The company's commitment to delivering reliable compounded drugs enables healthcare providers to access quality medications efficiently, ultimately supporting optimal patient outcomes.

Student Resource Center

Debt Financing in 2020
Student Resource Center delivers education management services aimed at educational institutions, unions, social justice advocates, and students. The organization focuses on providing free access to online and accredited educational programs through strategic partnerships, which allows clients to receive a quality education without incurring debt. By serving individuals of all ages, the center helps learners navigate and overcome previous educational barriers, facilitating their pursuit of academic and career objectives. Founded in 2015 and headquartered in Steubenville, Ohio, Student Resource Center is dedicated to enhancing educational opportunities for diverse communities.

Quickloadz

Debt Financing in 2020
QuickLoadz LLC, based in Nelsonville, Ohio, specializes in manufacturing innovative trailers designed to transport loaded sea shipping containers, addressing a significant bottleneck in global freight logistics. By eliminating the need for cranes, forklifts, or external machinery, QuickLoadz enables seamless loading and unloading of containers directly from the chassis. The system is highly automated, allowing drivers to operate it from the comfort of their truck cab or even via a smartphone. This technology not only facilitates ground-level movement of containers but also significantly increases the efficiency of intermodal shipping, paving the way for new market opportunities by reducing reliance on traditional trailers and loading infrastructure. QuickLoadz offers a practical solution tailored for the evolving landscape of autonomous transportation, enhancing the capabilities of shipping companies to deliver goods more effectively.

RXQ Compounding

Series A in 2019
RXQ Compounding, LLC is an FDA-approved 503B Outsourcing Facility located in Athens, Ohio, specializing in the manufacture and distribution of sterile and non-sterile medications throughout the United States. Founded in 2014, the company offers a diverse range of products including sterile and non-sterile injectables, veterinary medications, dermatologic creams and ointments, ophthalmic solutions, and orthopedic steroids, along with custom production solutions for hospitals. RXQ Compounding emphasizes safety and quality by adhering to rigorous regulatory standards and has developed a proprietary procedural manual to ensure compliance with FDA guidelines. The company's commitment to delivering reliable compounded drugs enables healthcare providers to access quality medications efficiently, ultimately supporting optimal patient outcomes.

Mirac

Debt Financing in 2019
Mirac, Inc. specializes in electronics manufacturing and development services, offering a range of solutions to clients on a contractual basis. Founded in 1992 and based in Lynchburg, Ohio, the company provides comprehensive services including automated optical inspection, wave soldering, selective soldering, PCB washing, encapsulation, functional testing, and wire processing. Mirac is capable of adapting its facilities, equipment, and personnel to meet the specific production needs of its clients. As of October 2018, Mirac operates as a subsidiary of Mirac Investment, LLC.

Quickloadz

Debt Financing in 2019
QuickLoadz LLC, based in Nelsonville, Ohio, specializes in manufacturing innovative trailers designed to transport loaded sea shipping containers, addressing a significant bottleneck in global freight logistics. By eliminating the need for cranes, forklifts, or external machinery, QuickLoadz enables seamless loading and unloading of containers directly from the chassis. The system is highly automated, allowing drivers to operate it from the comfort of their truck cab or even via a smartphone. This technology not only facilitates ground-level movement of containers but also significantly increases the efficiency of intermodal shipping, paving the way for new market opportunities by reducing reliance on traditional trailers and loading infrastructure. QuickLoadz offers a practical solution tailored for the evolving landscape of autonomous transportation, enhancing the capabilities of shipping companies to deliver goods more effectively.

Mirac

Venture Round in 2018
Mirac, Inc. specializes in electronics manufacturing and development services, offering a range of solutions to clients on a contractual basis. Founded in 1992 and based in Lynchburg, Ohio, the company provides comprehensive services including automated optical inspection, wave soldering, selective soldering, PCB washing, encapsulation, functional testing, and wire processing. Mirac is capable of adapting its facilities, equipment, and personnel to meet the specific production needs of its clients. As of October 2018, Mirac operates as a subsidiary of Mirac Investment, LLC.

RXQ Compounding

Venture Round in 2018
RXQ Compounding, LLC is an FDA-approved 503B Outsourcing Facility located in Athens, Ohio, specializing in the manufacture and distribution of sterile and non-sterile medications throughout the United States. Founded in 2014, the company offers a diverse range of products including sterile and non-sterile injectables, veterinary medications, dermatologic creams and ointments, ophthalmic solutions, and orthopedic steroids, along with custom production solutions for hospitals. RXQ Compounding emphasizes safety and quality by adhering to rigorous regulatory standards and has developed a proprietary procedural manual to ensure compliance with FDA guidelines. The company's commitment to delivering reliable compounded drugs enables healthcare providers to access quality medications efficiently, ultimately supporting optimal patient outcomes.

RXQ Compounding

Series A in 2018
RXQ Compounding, LLC is an FDA-approved 503B Outsourcing Facility located in Athens, Ohio, specializing in the manufacture and distribution of sterile and non-sterile medications throughout the United States. Founded in 2014, the company offers a diverse range of products including sterile and non-sterile injectables, veterinary medications, dermatologic creams and ointments, ophthalmic solutions, and orthopedic steroids, along with custom production solutions for hospitals. RXQ Compounding emphasizes safety and quality by adhering to rigorous regulatory standards and has developed a proprietary procedural manual to ensure compliance with FDA guidelines. The company's commitment to delivering reliable compounded drugs enables healthcare providers to access quality medications efficiently, ultimately supporting optimal patient outcomes.

DOmedia

Series A in 2016
DOmedia, LLC is an independent technology company based in Columbus, Ohio, that operates a media buying and selling platform focused on out-of-home media. Founded in 2007, the company provides cloud-based applications that facilitate the management of media information, proposal requests, and vendor interactions. Its online marketplace allows media providers to create profiles for their properties, while advertisers and agencies can access a comprehensive database to discover new ideas and efficiently plan out-of-home campaigns. By connecting buyers and sellers, DOmedia aims to streamline processes, reduce labor, and enhance reporting and analytics for agencies, vendors, and brands globally.

UltimateAir

Debt Financing in 2015
UltimateAir is an engineering and manufacturing firm based in Athens, Ohio, founded in 1989. The company specializes in high-efficiency Energy Recovery Ventilation (ERV) systems that enhance indoor air quality while promoting sustainable living. UltimateAir produces a whole-house FreshAir system and various ventilation products designed to expel stale air and introduce fresh air into residential and commercial spaces. This process reduces indoor pollution and supports healthier living environments. The firm is the exclusive manufacturer of a patented rotary core heat exchanger technology, developed by its parent company, Stirling Technology, which aims to deliver energy-efficient ventilation solutions.
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