Advantage Capital Partners

Advantage Capital Partners is a venture capital firm that provides growth equity, lending, and mezzanine debt to United States companies at various stages, with a focus on small businesses and underserved communities. It pursues investments in companies that develop or apply proprietary technologies across information technology, telecommunications, business services, manufacturing, pharmaceuticals and life sciences, energy, and related sectors, and considers opportunities in rural agriculture supply chains. The firm offers a mixed debt and equity toolkit, including senior and subordinated debt, mezzanine financing, and government-guaranteed lending, sometimes providing equity to real estate projects; it often co-invests with other investors to support bank lending. Its geographic focus spans multiple states, reflecting a commitment to economic development by backing ventures that create jobs and strengthen local economies. Founded in 1992, the firm is headquartered in New Orleans with additional offices across the United States and has supported thousands of small businesses and development projects.

Al Alvarez

Director

Brian Anderson

Managing Director

Michael Benson

Senior Vice President

Anthony Billings

Senior Vice President and Investment Team Member

Adam Constantinides

Senior Vice President

Anaëlle Croteau

Vice President

Keith Freeman

Managing Director

Trey Garland

Senior Associate and Investment Team Member

Trey Garland

Senior Associate

Joseph Henderson

Senior Vice President

Joe Henderson

Senior Vice President, Investment Team

Leah Hendricks

Senior Vice President, Investments Team

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 Obletz

CFO and Managing Director

Tim Perusek

Principal and Investment Group Member

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

J.P. Lynch

Vice President, Investments

Jeffrey Gentsch

Venture Partner

Past deals in Texas

TWG Supply

Debt Financing in 2021
TWG Supply is a distributor and provider of airport terminal and support facility products, headquartered in Grapevine, Texas. The company specializes in offering parts and equipment for passenger boarding bridges (PBB) and ground support equipment (GSE), catering to the specific needs of airline and airport ground operations. In addition to its product offerings, TWG Supply provides tailored services designed to enhance operational efficiency, including specialty approval processes, software integration, and customized communication and reporting capabilities. The company also assists with security and customs clearance processes, ensuring compliance and safety for its clients. By offering dedicated services such as after-hours support and supplier-owned stock for specific customers, TWG Supply aims to streamline airport operations and enhance customer satisfaction.

Traxo

Corporate Round in 2019
Traxo provides a traveler data capture and visibility platform that aggregates itinerary data and captures off-platform bookings to create a real-time system of record for corporate travel. The platform integrates with travel management, expense management, and booking tools to deliver comprehensive data visibility, duty of care, and itinerary management. It auto-detects and consolidates bookings across on- and off-channel sources, supporting both managed and unmanaged travel programs and giving corporate travel managers and managed travel agencies a unified view of omnichannel travel activity. By eliminating blind spots in travel data, Traxo helps monitor traveler activity, improve safety, and enhance data quality. The company is based in Dallas.

Austin Eastciders

Convertible Note in 2019
Austin Eastciders, established in 2013 in Austin, Texas, specializes in producing a variety of premium ciders crafted from real apples sourced globally. The company aims to rekindle America's love for cider by offering diverse styles such as their Original Dry, Texas Honey, Hopped, Pineapple, and Blood Orange variants. Each cider is meticulously crafted using traditional methods to deliver unique, complex flavors at affordable prices.

Traxo

Debt Financing in 2019
Traxo provides a traveler data capture and visibility platform that aggregates itinerary data and captures off-platform bookings to create a real-time system of record for corporate travel. The platform integrates with travel management, expense management, and booking tools to deliver comprehensive data visibility, duty of care, and itinerary management. It auto-detects and consolidates bookings across on- and off-channel sources, supporting both managed and unmanaged travel programs and giving corporate travel managers and managed travel agencies a unified view of omnichannel travel activity. By eliminating blind spots in travel data, Traxo helps monitor traveler activity, improve safety, and enhance data quality. The company is based in Dallas.

Austin Eastciders

Venture Round in 2018
Austin Eastciders, established in 2013 in Austin, Texas, specializes in producing a variety of premium ciders crafted from real apples sourced globally. The company aims to rekindle America's love for cider by offering diverse styles such as their Original Dry, Texas Honey, Hopped, Pineapple, and Blood Orange variants. Each cider is meticulously crafted using traditional methods to deliver unique, complex flavors at affordable prices.

Austin Eastciders

Venture Round in 2017
Austin Eastciders, established in 2013 in Austin, Texas, specializes in producing a variety of premium ciders crafted from real apples sourced globally. The company aims to rekindle America's love for cider by offering diverse styles such as their Original Dry, Texas Honey, Hopped, Pineapple, and Blood Orange variants. Each cider is meticulously crafted using traditional methods to deliver unique, complex flavors at affordable prices.

Traxo

Series B in 2016
Traxo provides a traveler data capture and visibility platform that aggregates itinerary data and captures off-platform bookings to create a real-time system of record for corporate travel. The platform integrates with travel management, expense management, and booking tools to deliver comprehensive data visibility, duty of care, and itinerary management. It auto-detects and consolidates bookings across on- and off-channel sources, supporting both managed and unmanaged travel programs and giving corporate travel managers and managed travel agencies a unified view of omnichannel travel activity. By eliminating blind spots in travel data, Traxo helps monitor traveler activity, improve safety, and enhance data quality. The company is based in Dallas.

The Lawrence Group

Debt Financing in 2016
The Lawrence Group, Inc. is a comprehensive architectural firm based in St. Louis, Missouri, with additional offices in Austin, Texas; Charlotte, North Carolina; and New York, New York. Founded in 1983, the company provides a wide range of services including architecture, interior design, landscape architecture, graphic design, urban planning, and construction management. The firm is dedicated to delivering creative and holistic solutions that enhance the human experience across various sectors, including higher education, healthcare, corporate environments, hospitality, and residential projects. Additionally, The Lawrence Group operates a restaurant in St. Louis, offering a diverse menu that includes meals, soups, salads, pizzas, and desserts. Its commitment to understanding the impact of design decisions ensures that each project aligns with a shared vision while addressing the specific needs of its clients.

Caringo

Series B in 2016
Caringo, Inc. is a software company specializing in object storage solutions designed for managing unstructured data. Founded in 2005 and based in Austin, Texas, the company offers a range of products including its flagship CAStor, which facilitates private cloud storage and enables customers to build storage clusters without reliance on proprietary hardware. Other notable offerings include the Content Router for automated data distribution, the FileFly platform for managing infrequently accessed data on Microsoft Windows servers, and the Elastic Content Protection solution for adaptable data protection based on varying storage requirements. Additionally, Caringo provides tools such as CloudScaler for cloud storage as a service, Indexer for data insights, and Swarm, which addresses challenges in big data storage and content delivery. Its clientele ranges from small to medium-sized businesses to Fortune 500 companies, reflecting its broad applicability in the data management landscape.

Bypass Mobile

Venture Round in 2016
Bypass Mobile, LLC is a technology company based in Austin, Texas, specializing in mobile ordering and payment solutions for public venues and campuses. Founded in 2010, the company focuses on simplifying commerce for sports and entertainment properties through innovative software solutions rather than traditional hardware. Bypass Mobile offers native applications and a mobile web view, enabling third-party developers to create custom applications that integrate seamlessly with existing payment and point-of-sale systems. The company addresses the complexities of high-volume operations by implementing both fixed and mobile solutions for various service areas, including concessions, merchandising, and portable sales. Bypass Mobile has established operations across multiple states, including Arizona, California, and New York, and has enhanced payment processes for major leagues such as the NFL, NBA, NHL, and MLS. As of March 2020, Bypass Mobile operates as a subsidiary of Fiserv, Inc.

Burkhalter Rigging

Debt Financing in 2016
Burkhalter Rigging, founded in 1973 by Leon Burkhalter and later expanded by his son Delynn, is a family-owned company specializing in heavy lifting, rigging, and transportation services. Originally established as Crane Service, Inc. in Columbus, Mississippi, the company rebranded to Burkhalter Rigging, Inc. in 1984 and has since grown into a significant player in the engineered heavy lift and super heavy transport sectors, serving clients across North and South America. With depot yards in Columbus and Houston, Texas, and sales offices throughout the United States, Burkhalter Rigging provides mission-critical shipments of large and heavy cargoes, crane rental, specialized transportation, and plant maintenance services. The company caters to various industries, including petrochemical, power, civil, and marine, focusing on safe and efficient transport solutions tailored to meet customer needs. Today, Burkhalter Rigging remains a third-generation family business, led by Delynn and his son Brooke.

Traxo

Series B in 2015
Traxo provides a traveler data capture and visibility platform that aggregates itinerary data and captures off-platform bookings to create a real-time system of record for corporate travel. The platform integrates with travel management, expense management, and booking tools to deliver comprehensive data visibility, duty of care, and itinerary management. It auto-detects and consolidates bookings across on- and off-channel sources, supporting both managed and unmanaged travel programs and giving corporate travel managers and managed travel agencies a unified view of omnichannel travel activity. By eliminating blind spots in travel data, Traxo helps monitor traveler activity, improve safety, and enhance data quality. The company is based in Dallas.

The Lawrence Group

Debt Financing in 2014
The Lawrence Group, Inc. is a comprehensive architectural firm based in St. Louis, Missouri, with additional offices in Austin, Texas; Charlotte, North Carolina; and New York, New York. Founded in 1983, the company provides a wide range of services including architecture, interior design, landscape architecture, graphic design, urban planning, and construction management. The firm is dedicated to delivering creative and holistic solutions that enhance the human experience across various sectors, including higher education, healthcare, corporate environments, hospitality, and residential projects. Additionally, The Lawrence Group operates a restaurant in St. Louis, offering a diverse menu that includes meals, soups, salads, pizzas, and desserts. Its commitment to understanding the impact of design decisions ensures that each project aligns with a shared vision while addressing the specific needs of its clients.

Caringo

Venture Round in 2014
Caringo, Inc. is a software company specializing in object storage solutions designed for managing unstructured data. Founded in 2005 and based in Austin, Texas, the company offers a range of products including its flagship CAStor, which facilitates private cloud storage and enables customers to build storage clusters without reliance on proprietary hardware. Other notable offerings include the Content Router for automated data distribution, the FileFly platform for managing infrequently accessed data on Microsoft Windows servers, and the Elastic Content Protection solution for adaptable data protection based on varying storage requirements. Additionally, Caringo provides tools such as CloudScaler for cloud storage as a service, Indexer for data insights, and Swarm, which addresses challenges in big data storage and content delivery. Its clientele ranges from small to medium-sized businesses to Fortune 500 companies, reflecting its broad applicability in the data management landscape.

Traxo

Series A in 2013
Traxo provides a traveler data capture and visibility platform that aggregates itinerary data and captures off-platform bookings to create a real-time system of record for corporate travel. The platform integrates with travel management, expense management, and booking tools to deliver comprehensive data visibility, duty of care, and itinerary management. It auto-detects and consolidates bookings across on- and off-channel sources, supporting both managed and unmanaged travel programs and giving corporate travel managers and managed travel agencies a unified view of omnichannel travel activity. By eliminating blind spots in travel data, Traxo helps monitor traveler activity, improve safety, and enhance data quality. The company is based in Dallas.

Esperance Pharmaceuticals

Series B in 2011
Esperance Pharmaceuticals Inc. is a biotechnology company focused on developing targeted anticancer drugs aimed primarily at treating ovarian and breast cancer in women. Founded in 2005 and based in Houston, Texas, the company is advancing its lead product, EP-100, an oncolytic peptide designed to selectively attack and destroy cancer cells that express luteinizing hormone releasing hormone (LHRH) receptors. This innovative approach enables the drug to kill cancer cells, including those resistant to traditional chemotherapeutics, while sparing normal cells. Esperance Pharmaceuticals has formed a strategic alliance with MD Anderson Cancer Center to expedite the clinical development of EP-100, enhancing its potential impact in oncology.

Broadband iTV

Series C in 2011
Broadband iTV, Inc. is a developer focused on interactive television and video-on-demand applications, specializing in innovative technology solutions that enhance viewer engagement. Founded in 2001, the company operates from Honolulu, Hawaii, and has a portfolio that includes on-demand advertising and user-generated content. Its plug-and-play technology facilitates a community channel, allowing users to communicate and engage, as well as buy and sell goods and services directly. Additionally, Broadband iTV provides a web platform enabling businesses and individuals to publish video content directly to television. The company also offers various entertainment options, including television video personals, video greeting cards, talent contests, short films, and music videos aimed at both adults and teens.

Motion Computing

Debt Financing in 2010
Motion Computing, based in Austin, Texas, specializes in the development of slate tablet PCs tailored for mobile professionals across various sectors, including healthcare, government, and field force automation. The company is recognized as a leader in mobile computing and wireless communications, focusing on delivering innovative solutions that enhance productivity for users on the move. Motion's product line includes advanced tablet PCs and accessories designed for security, power, and versatility, catering to the unique needs of its clientele. By integrating cutting-edge technologies into its offerings, Motion aims to provide comprehensive computing solutions that support the evolving demands of mobile professionals.

Broadband iTV

Series A in 2009
Broadband iTV, Inc. is a developer focused on interactive television and video-on-demand applications, specializing in innovative technology solutions that enhance viewer engagement. Founded in 2001, the company operates from Honolulu, Hawaii, and has a portfolio that includes on-demand advertising and user-generated content. Its plug-and-play technology facilitates a community channel, allowing users to communicate and engage, as well as buy and sell goods and services directly. Additionally, Broadband iTV provides a web platform enabling businesses and individuals to publish video content directly to television. The company also offers various entertainment options, including television video personals, video greeting cards, talent contests, short films, and music videos aimed at both adults and teens.

Broadband iTV

Debt Financing in 2009
Broadband iTV, Inc. is a developer focused on interactive television and video-on-demand applications, specializing in innovative technology solutions that enhance viewer engagement. Founded in 2001, the company operates from Honolulu, Hawaii, and has a portfolio that includes on-demand advertising and user-generated content. Its plug-and-play technology facilitates a community channel, allowing users to communicate and engage, as well as buy and sell goods and services directly. Additionally, Broadband iTV provides a web platform enabling businesses and individuals to publish video content directly to television. The company also offers various entertainment options, including television video personals, video greeting cards, talent contests, short films, and music videos aimed at both adults and teens.

Broadband iTV

Series C in 2009
Broadband iTV, Inc. is a developer focused on interactive television and video-on-demand applications, specializing in innovative technology solutions that enhance viewer engagement. Founded in 2001, the company operates from Honolulu, Hawaii, and has a portfolio that includes on-demand advertising and user-generated content. Its plug-and-play technology facilitates a community channel, allowing users to communicate and engage, as well as buy and sell goods and services directly. Additionally, Broadband iTV provides a web platform enabling businesses and individuals to publish video content directly to television. The company also offers various entertainment options, including television video personals, video greeting cards, talent contests, short films, and music videos aimed at both adults and teens.

American Truss

Debt Financing in 2009
American Truss manufactures wood roof and floor trusses. Founded in 1993 and is based in Houston, Texas.

Broadband iTV

Series C in 2008
Broadband iTV, Inc. is a developer focused on interactive television and video-on-demand applications, specializing in innovative technology solutions that enhance viewer engagement. Founded in 2001, the company operates from Honolulu, Hawaii, and has a portfolio that includes on-demand advertising and user-generated content. Its plug-and-play technology facilitates a community channel, allowing users to communicate and engage, as well as buy and sell goods and services directly. Additionally, Broadband iTV provides a web platform enabling businesses and individuals to publish video content directly to television. The company also offers various entertainment options, including television video personals, video greeting cards, talent contests, short films, and music videos aimed at both adults and teens.

Safety Tubs

Debt Financing in 2008
Safety Tubs specializes in selling and manufacturing bathtubs. The company is based in Grand Prairie, Texas.

The Lawrence Group

Debt Financing in 2008
The Lawrence Group, Inc. is a comprehensive architectural firm based in St. Louis, Missouri, with additional offices in Austin, Texas; Charlotte, North Carolina; and New York, New York. Founded in 1983, the company provides a wide range of services including architecture, interior design, landscape architecture, graphic design, urban planning, and construction management. The firm is dedicated to delivering creative and holistic solutions that enhance the human experience across various sectors, including higher education, healthcare, corporate environments, hospitality, and residential projects. Additionally, The Lawrence Group operates a restaurant in St. Louis, offering a diverse menu that includes meals, soups, salads, pizzas, and desserts. Its commitment to understanding the impact of design decisions ensures that each project aligns with a shared vision while addressing the specific needs of its clients.

Selltis

Venture Round in 2007
Selltis, LLC is a Houston-based company that specializes in developing and providing on-demand customer relationship management (CRM) software tailored for industrial distributors, representatives, and manufacturers. The company's flagship product, Selltis CRM, serves as a comprehensive solution for team-selling within the industrial sales sector, facilitating sales cycle management through features such as lead tracking, customizable alerts, and account profiling. Additionally, it offers complex project management capabilities, allowing users to track multiple products within intricate projects, share activities across departments, and manage vendor relationships. Selltis CRM also includes advanced analytics for performance evaluation, system integration with various platforms, and secure, real-time cloud-based access to the software. Founded in 1999 and originally known as SFG, L.L.C., Selltis rebranded in 2000 to better reflect its focus on unifying industrial sales teams and enhancing their sales processes.

Quest Global Manufacturing

Venture Round in 2007
Aequs (formerly QuEST Global Manufacturing) specializes in precision machining, sheet metal fabrication, assembly, forging, and special processing for the aerospace, automotive, and oil & gas industries. Customers include Airbus, UTAS, Eaton, Baker Hughes, Halliburton, and Bosch. The Aequs manufacturing facilities are located in Bengaluru, Belagavi, and Houston. The Belagavi facilities are located in Aequs SEZ, India’s first precision engineering special economic zone. Aequs SEZ has developed into an integrated aerospace manufacturing ecosystem that houses several interrelated capabilities that are either unavailable in India or are difficult to come by in one location.

U.S. Fiduciary

Venture Round in 2007
U.S. Fiduciary, Inc. operates as a boutique financial services firm. Its products include managed accounts, mutual fund and ETF model portfolios, and advisor managed portfolios; and Client Acquisition Tool, which allows advisors to profile clients to determine their goals, preferences, and risk tolerance. The company also provides asset allocation modeling and research; brokerage services; and portfolio administration performance reporting services. In addition, it offers professional development curriculum that covers a range of topics, such as portfolio construction, asset allocation, manager research and selection, the use of alternative investments, behavioral finance, compliance, and fiduciary responsibility. The company serves investment advisors and their high net worth and institutional clients. It has strategic partnership with CRA RogersCasey, Frontier Asset Management, and Greenrock Research. U.S. Fiduciary, Inc. was founded in 2003 and is based in Houston, Texas.

Selltis

Series A in 2006
Selltis, LLC is a Houston-based company that specializes in developing and providing on-demand customer relationship management (CRM) software tailored for industrial distributors, representatives, and manufacturers. The company's flagship product, Selltis CRM, serves as a comprehensive solution for team-selling within the industrial sales sector, facilitating sales cycle management through features such as lead tracking, customizable alerts, and account profiling. Additionally, it offers complex project management capabilities, allowing users to track multiple products within intricate projects, share activities across departments, and manage vendor relationships. Selltis CRM also includes advanced analytics for performance evaluation, system integration with various platforms, and secure, real-time cloud-based access to the software. Founded in 1999 and originally known as SFG, L.L.C., Selltis rebranded in 2000 to better reflect its focus on unifying industrial sales teams and enhancing their sales processes.

Broadband iTV

Series B in 2006
Broadband iTV, Inc. is a developer focused on interactive television and video-on-demand applications, specializing in innovative technology solutions that enhance viewer engagement. Founded in 2001, the company operates from Honolulu, Hawaii, and has a portfolio that includes on-demand advertising and user-generated content. Its plug-and-play technology facilitates a community channel, allowing users to communicate and engage, as well as buy and sell goods and services directly. Additionally, Broadband iTV provides a web platform enabling businesses and individuals to publish video content directly to television. The company also offers various entertainment options, including television video personals, video greeting cards, talent contests, short films, and music videos aimed at both adults and teens.

Commerciant, LP

Venture Round in 2005
Commerciant, LP, founded in 2000 and based in Houston, Texas, specializes in designing and developing wireless and handheld payment processing solutions. The company offers Mobilescape, a comprehensive solution for wireless credit card and check payment processing, which encompasses hardware, software, integration services, wireless connectivity, transaction processing, and customer support. In addition to Mobilescape, Commerciant provides wireless handheld terminals and a nationwide wireless network, along with services for credit card and check processing, business applications, online access, and security. The company serves a diverse range of industries, including restaurants, residential and home repair services, airlines, delivery services, direct sales, events, retail, and health care. Commerciant, LP was acquired by BServ, Inc. in 2009.

Selltis

Debt Financing in 2003
Selltis, LLC is a Houston-based company that specializes in developing and providing on-demand customer relationship management (CRM) software tailored for industrial distributors, representatives, and manufacturers. The company's flagship product, Selltis CRM, serves as a comprehensive solution for team-selling within the industrial sales sector, facilitating sales cycle management through features such as lead tracking, customizable alerts, and account profiling. Additionally, it offers complex project management capabilities, allowing users to track multiple products within intricate projects, share activities across departments, and manage vendor relationships. Selltis CRM also includes advanced analytics for performance evaluation, system integration with various platforms, and secure, real-time cloud-based access to the software. Founded in 1999 and originally known as SFG, L.L.C., Selltis rebranded in 2000 to better reflect its focus on unifying industrial sales teams and enhancing their sales processes.

Selltis

Venture Round in 2002
Selltis, LLC is a Houston-based company that specializes in developing and providing on-demand customer relationship management (CRM) software tailored for industrial distributors, representatives, and manufacturers. The company's flagship product, Selltis CRM, serves as a comprehensive solution for team-selling within the industrial sales sector, facilitating sales cycle management through features such as lead tracking, customizable alerts, and account profiling. Additionally, it offers complex project management capabilities, allowing users to track multiple products within intricate projects, share activities across departments, and manage vendor relationships. Selltis CRM also includes advanced analytics for performance evaluation, system integration with various platforms, and secure, real-time cloud-based access to the software. Founded in 1999 and originally known as SFG, L.L.C., Selltis rebranded in 2000 to better reflect its focus on unifying industrial sales teams and enhancing their sales processes.

Selltis

Series B in 2001
Selltis, LLC is a Houston-based company that specializes in developing and providing on-demand customer relationship management (CRM) software tailored for industrial distributors, representatives, and manufacturers. The company's flagship product, Selltis CRM, serves as a comprehensive solution for team-selling within the industrial sales sector, facilitating sales cycle management through features such as lead tracking, customizable alerts, and account profiling. Additionally, it offers complex project management capabilities, allowing users to track multiple products within intricate projects, share activities across departments, and manage vendor relationships. Selltis CRM also includes advanced analytics for performance evaluation, system integration with various platforms, and secure, real-time cloud-based access to the software. Founded in 1999 and originally known as SFG, L.L.C., Selltis rebranded in 2000 to better reflect its focus on unifying industrial sales teams and enhancing their sales processes.

Automated Fuel Technologies

Debt Financing in 2001
Automated Fuel Technologies offers urgent fuel system maintenance, update, and service contracts. Automated Fuel Technologies is located in Garland, Texas.

Automated Fuel Technologies

Venture Round in 2001
Automated Fuel Technologies offers urgent fuel system maintenance, update, and service contracts. Automated Fuel Technologies is located in Garland, Texas.

OMNI Energy Services

Venture Round in 1996
OMNI Energy Services is an oilfield service company that specializes in providing a comprehensive range of services to geophysical companies, particularly in challenging and environmentally sensitive areas of the United States. Its primary focus is on the marsh, swamp, shallow water, and adjacent dry land regions along the Gulf Coast, particularly in Louisiana and Texas, where it is recognized as a leading provider of seismic drilling services. The company offers various services, including environmental solutions, fluid handling, wellsite maintenance, exploration support, and accommodations. Established in the mid-1980s, OMNI Energy Services has played a significant role in the acquisition of 3-D seismic data in the Transition Zone, having analyzed approximately 9,000 square miles in Louisiana by the end of 1996. As of 2012, it operates as a subsidiary of Gibson Energy Inc.
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