Advantage X

Advantage Capital is a venture capital firm founded in 1992, headquartered in New Orleans, Louisiana, with additional offices across the United States. The firm specializes in growth equity, lending, and mezzanine debt investments, focusing primarily on small businesses at various stages of development, excluding seed stage. Advantage Capital targets investments in low-income communities, both urban and rural, and supports economic development initiatives. The firm seeks to invest in companies that utilize proprietary technologies in sectors such as communication, information technology, pharmaceuticals, biotechnology, and energy, among others. It offers various forms of debt capital, including senior and mezzanine debt, and has a preference for co-investing with other firms. Initial investments typically range from $0.5 million to $10 million in companies with sales under $5 million, with potential for larger investments based on milestones. Advantage Capital is committed to addressing the funding gaps in underserved areas and fostering economic growth in communities that lack traditional sources of risk capital.

Al Alvarez

Director

Brian Anderson

PRINCIPAL

Alyson G. Appleton

VP of Communications, Marketing and Policy

Daniel Barrett

Associate

Jay Bennett

Vice President of Business Development

Keith Berry

VP of Business Development

Anthony H. Billings

Vice President

Bitting, Thomas H.P.

PRINCIPAL

Troy Blaine

VP of Business Development

Charles H. Booker

Principal

Ryan Brennan

Managing Director

Samantha F. de Castro

Associate

Abhi Chandrasekhara

Senior Associate

Craig Cole

Vice President of Business Development

Chloe Coniaris

SENIOR ASSOCIATE

Adam Constantinides

SENIOR ASSOCIATE

Jeffrey W. Craver

Principal

Anaëlle Croteau

ASSOCIATE

Jeremy R. Degenhart

Principal

Maurice Doyle

Managing Director

Ryan Dressler

Principal

Louis T. Dubuque

Managing Director

Eric Dunham

VP of Business Development

Michele Fleher

Business development officer

Beth Fore

SENIOR ASSOCIATE

Keith Freeman

Managing Director

Jeffrey Gentsch

Venture Partner

Gregory P. Gish

Senior Vice President

Jonathan I. Goldstein

Managing Director

Daniel J. Gould

SVP

Matthew L. Hart

VP

Joseph Henderson

SENIOR ASSOCIATE

Leah Hendricks

Vice-President

George N. Hettich

VP

Stephanie Hiatt

SVP

Richard T. Hummell

Principal

Reid Hutchins

Managing Director

Geoffrey Jacques

ASSOCIATE

Mark Lange

VP of Business Development

Josh Liggett

Partner

Franchesca B. Lorio

Principal/Controller

Philip E. Marshall

Principal

Larry Martin

VP of Business Development

Natalia Matallana

Senior Associate

D. Tyler Mayoras

Venture Partner

Anthony Metzner

SVP

Arjun Mohan

ASSOCIATE

Sandra M. Moore

Managing Director/Chief Impact Officer

Justin T. Motika

VP

Scott Murphy

Managing Director & Chief Investment Officer

James O'Rourke

MD

Justin N. Obletz

Chief Financial Officer

Paul Olsen

VP

Anne Ott

SVP

Tim Perusek

Principal

Aaron Pohlmann

Senior Associate

Sarah Rajan

Senior Associate

Jim Rieker

VP OF SYNDICATION

Rachel Robards

ASSOCIATE

Josh Rogers

SVP

Joshua Rogers

Vice-President

Gabe Rosen

SENIOR ASSOCIATE

Valentino Rovere

Vice President

Philip Ruppel

Vice President

Kelcee Sachtleben

Senior Associate

Brynn N. Sanders

VP

Cara M. Schiffman

Vice-President of Regulatory Affairs

Greg Schwarztrauber

SVP

Talmadge Singer

Managing Director

Craig Smidt

SVP

Ruth Kelso Sorrell

Principal

Angel Stuckman

VP of Business Development

Adam M. Suberi

Director of Financial Planning and Analysis

Matthew Switzer

SENIOR ASSOCIATE

Thomas Titus

Vice President

W. Anthony Toups

Principal

Alexandra A. Twyman

SENIOR ASSOCIATE

Ramya Varma

Vice President

Brittany Walker

Assistant VP

Benjamin Warning

Senior Associate

Carl Weatherley-White

MD

Thomas Willsey

Senior Vice President, Treasurer

Kyle Wood

Associate

Sarah Wynn

Associate

Mui, Fong Wa C.

VP

J.P. Lynch

Senior Analyst

Past deals in Georgia

Soli Organic

Venture Round in 2021
Soli Organic is a company that specializes in the cultivation, packing, and shipping of fresh organic culinary herbs. Founded in 1989 and headquartered in Harrisonburg, Virginia, it operates a production facility in Jefferson, Georgia. Soli Organic offers a diverse range of products, including various herbs such as basil, cilantro, dill, mint, and thyme, as well as herb blends and microgreens. The company provides a year-round supply of these organic herbs to grocery stores, enabling consumers to enjoy locally sourced, flavorful ingredients throughout the year. In addition to its agricultural operations, Soli Organic also offers refrigerated transportation services to ensure efficient delivery. It primarily serves retailers across several states in the southeastern United States, including Georgia, Florida, and North Carolina.
Advance Industrial Maintenance and Machine focuses on providing industrial solutions. The company offers engineering, machine design, fabrication, machine shop, plant maintenance, process cooling, powder coating, and blasting services. It is headquartered in Augusta, Georgia.
Advance Industrial Maintenance and Machine focuses on providing industrial solutions. The company offers engineering, machine design, fabrication, machine shop, plant maintenance, process cooling, powder coating, and blasting services. It is headquartered in Augusta, Georgia.

Soli Organic

Series C in 2020
Soli Organic is a company that specializes in the cultivation, packing, and shipping of fresh organic culinary herbs. Founded in 1989 and headquartered in Harrisonburg, Virginia, it operates a production facility in Jefferson, Georgia. Soli Organic offers a diverse range of products, including various herbs such as basil, cilantro, dill, mint, and thyme, as well as herb blends and microgreens. The company provides a year-round supply of these organic herbs to grocery stores, enabling consumers to enjoy locally sourced, flavorful ingredients throughout the year. In addition to its agricultural operations, Soli Organic also offers refrigerated transportation services to ensure efficient delivery. It primarily serves retailers across several states in the southeastern United States, including Georgia, Florida, and North Carolina.

Cady Bag

Debt Financing in 2020
Cady Bag is a manufacturer of polypropylene fabrics and bags. The company has four primary business units; Leno Mesh Packaging, Cotton Bale Packaging, Consumer Products, and Building Products/Industrial Coated Products. They offer quality, consistent products manufactured with state-of-the-art equipment at globally competitive rates.

GaXtracts

Venture Round in 2020
GaXtracts, LLC is a company based in Atlanta, Georgia, specializing in the production of industrial hemp products. Established in 2016, it manufactures a range of hemp-derived products, including cannabidiol (CBD) tinctures, capsules, and topicals, as well as medical-grade hand sanitizers, particularly in response to the COVID-19 pandemic. GaXtracts partners with farmers to source high-quality organic hemp, which is processed in its pharmaceutical-grade facility through an extraction process that isolates CBD molecules. The company sells its products online, catering to both individual consumers and industries in need of hemp-based solutions.

GaXtracts

Debt Financing in 2020
GaXtracts, LLC is a company based in Atlanta, Georgia, specializing in the production of industrial hemp products. Established in 2016, it manufactures a range of hemp-derived products, including cannabidiol (CBD) tinctures, capsules, and topicals, as well as medical-grade hand sanitizers, particularly in response to the COVID-19 pandemic. GaXtracts partners with farmers to source high-quality organic hemp, which is processed in its pharmaceutical-grade facility through an extraction process that isolates CBD molecules. The company sells its products online, catering to both individual consumers and industries in need of hemp-based solutions.

Soli Organic

Debt Financing in 2020
Soli Organic is a company that specializes in the cultivation, packing, and shipping of fresh organic culinary herbs. Founded in 1989 and headquartered in Harrisonburg, Virginia, it operates a production facility in Jefferson, Georgia. Soli Organic offers a diverse range of products, including various herbs such as basil, cilantro, dill, mint, and thyme, as well as herb blends and microgreens. The company provides a year-round supply of these organic herbs to grocery stores, enabling consumers to enjoy locally sourced, flavorful ingredients throughout the year. In addition to its agricultural operations, Soli Organic also offers refrigerated transportation services to ensure efficient delivery. It primarily serves retailers across several states in the southeastern United States, including Georgia, Florida, and North Carolina.

Meltblown Technologies

Debt Financing in 2019
Meltblown Technologies manufactures spill control and industrial hygiene products to help keep a workplace clean, safe, and in compliance. MBT absorbents clean up all kinds of leaks, drips, and spills. Its spill kits provide everything needed for a quick response to a variety of spill applications. The company's containment products provide for the safe storage of chemicals, fluids, and hazardous materials. Meltblown Technologies was founded in Sandersville, Georgia in 2007.

Lee & Cates Glass

Debt Financing in 2019
Lee & Cates Glass, Inc., founded in 1926 in Jacksonville, Florida, specializes in providing a diverse array of glass products and services tailored for automotive, commercial, and residential needs. The company offers a wide range of products, including side and rear-view mirrors, power windows, sliding glass doors, insulated glass, and hurricane-resistant glass. Additionally, it provides services such as mobile auto glass repair and replacement, windshield leak repairs, and construction glazing. Lee & Cates Glass maintains service locations throughout Florida and Georgia, ensuring access to quality glass solutions for various applications.

Danimer Scientific

Debt Financing in 2019
Danimer Scientific, based in Bainbridge, Georgia, specializes in the production of biopolymers designed to replace traditional plastics and reduce petrochemical pollution. Founded in 2004, the company manufactures a range of biodegradable and compostable products under the proprietary Nodax brand name, including additives, coatings, films, and resins suitable for various applications such as disposable flatware, packaging, and food contact items. Danimer Scientific is committed to sustainability, utilizing renewable resources and toxin-free manufacturing processes. The company also offers research and development, as well as toll manufacturing services for bio-based materials. Its products are certified for biodegradability and compostability, making them viable alternatives in efforts to mitigate plastic waste. With a production facility in Winchester, Kentucky, Danimer Scientific primarily serves markets in the United States and aims to provide solutions that return to nature rather than contribute to environmental pollution.

Danimer Scientific

Venture Round in 2019
Danimer Scientific, based in Bainbridge, Georgia, specializes in the production of biopolymers designed to replace traditional plastics and reduce petrochemical pollution. Founded in 2004, the company manufactures a range of biodegradable and compostable products under the proprietary Nodax brand name, including additives, coatings, films, and resins suitable for various applications such as disposable flatware, packaging, and food contact items. Danimer Scientific is committed to sustainability, utilizing renewable resources and toxin-free manufacturing processes. The company also offers research and development, as well as toll manufacturing services for bio-based materials. Its products are certified for biodegradability and compostability, making them viable alternatives in efforts to mitigate plastic waste. With a production facility in Winchester, Kentucky, Danimer Scientific primarily serves markets in the United States and aims to provide solutions that return to nature rather than contribute to environmental pollution.

Danimer Scientific

Debt Financing in 2019
Danimer Scientific, based in Bainbridge, Georgia, specializes in the production of biopolymers designed to replace traditional plastics and reduce petrochemical pollution. Founded in 2004, the company manufactures a range of biodegradable and compostable products under the proprietary Nodax brand name, including additives, coatings, films, and resins suitable for various applications such as disposable flatware, packaging, and food contact items. Danimer Scientific is committed to sustainability, utilizing renewable resources and toxin-free manufacturing processes. The company also offers research and development, as well as toll manufacturing services for bio-based materials. Its products are certified for biodegradability and compostability, making them viable alternatives in efforts to mitigate plastic waste. With a production facility in Winchester, Kentucky, Danimer Scientific primarily serves markets in the United States and aims to provide solutions that return to nature rather than contribute to environmental pollution.

Soli Organic

Debt Financing in 2019
Soli Organic is a company that specializes in the cultivation, packing, and shipping of fresh organic culinary herbs. Founded in 1989 and headquartered in Harrisonburg, Virginia, it operates a production facility in Jefferson, Georgia. Soli Organic offers a diverse range of products, including various herbs such as basil, cilantro, dill, mint, and thyme, as well as herb blends and microgreens. The company provides a year-round supply of these organic herbs to grocery stores, enabling consumers to enjoy locally sourced, flavorful ingredients throughout the year. In addition to its agricultural operations, Soli Organic also offers refrigerated transportation services to ensure efficient delivery. It primarily serves retailers across several states in the southeastern United States, including Georgia, Florida, and North Carolina.

ReST

Debt Financing in 2018
ReST believes in perfecting each element of your sleep environment so you can sleep better and perform better. That’s why They brought together the best technology to create the world’s first smart bed. A ReST Bed™ incorporates a patented system called Adaptive Sleep Thinking™ which is a smart fabric that senses changes in pressure…and dynamically responds to your body in real-time to relieve pressure. When you wake up, ReST empowers you with data that helps you understand your sleep so that you can achieve peak performance.

Lee & Cates Glass

Debt Financing in 2018
Lee & Cates Glass, Inc., founded in 1926 in Jacksonville, Florida, specializes in providing a diverse array of glass products and services tailored for automotive, commercial, and residential needs. The company offers a wide range of products, including side and rear-view mirrors, power windows, sliding glass doors, insulated glass, and hurricane-resistant glass. Additionally, it provides services such as mobile auto glass repair and replacement, windshield leak repairs, and construction glazing. Lee & Cates Glass maintains service locations throughout Florida and Georgia, ensuring access to quality glass solutions for various applications.

ReST

Debt Financing in 2017
ReST believes in perfecting each element of your sleep environment so you can sleep better and perform better. That’s why They brought together the best technology to create the world’s first smart bed. A ReST Bed™ incorporates a patented system called Adaptive Sleep Thinking™ which is a smart fabric that senses changes in pressure…and dynamically responds to your body in real-time to relieve pressure. When you wake up, ReST empowers you with data that helps you understand your sleep so that you can achieve peak performance.

Lee & Cates Glass

Debt Financing in 2016
Lee & Cates Glass, Inc., founded in 1926 in Jacksonville, Florida, specializes in providing a diverse array of glass products and services tailored for automotive, commercial, and residential needs. The company offers a wide range of products, including side and rear-view mirrors, power windows, sliding glass doors, insulated glass, and hurricane-resistant glass. Additionally, it provides services such as mobile auto glass repair and replacement, windshield leak repairs, and construction glazing. Lee & Cates Glass maintains service locations throughout Florida and Georgia, ensuring access to quality glass solutions for various applications.

Mooring Tech

Debt Financing in 2015
Mooring Tech focuses on providing Panasonic Toughbook line of notebook computers. It specilaizes on the Panasonic Computer Solutions' rugged product line gives the company an advantage over its competitors in that they have expert product knowledge and implementation services for the Toughbook mobile computers and accompanying products such as mounting systems, network infrastructure, and software. It is headquartered in Atlanta, Georgia.

First Step Staffing

Debt Financing in 2015
First Step is committed to providing its employees extensive training, meticulous support, and community reinvestment to provide you with the skilled and qualified employees you need.
BroadRiver is a CLEC - IT Solutions provider for Cloud, Voice, Data, Internet Connectivity, Hosting, Colocation and Managed Services with Tier 1 through Tier 4 Data Centers. The company's corporate offices are in Midtown, Atlanta, Ga. on the fringes of GA Tech. BroadRiver is a privately held, Georgia-based company with a 20 year history of integrating IT infrastructure, telecom, and hosted solutions for both small and medium sized businesses and enterprises. BroadRiver eliminates the finger pointing and headaches of dealing with multiple vendors who can’t make diverse business communications services work together. The company's goal is to help you select the right combination of data and voice services for your business and to deliver those services with the highest quality and the best value.

Soli Organic

Venture Round in 2015
Soli Organic is a company that specializes in the cultivation, packing, and shipping of fresh organic culinary herbs. Founded in 1989 and headquartered in Harrisonburg, Virginia, it operates a production facility in Jefferson, Georgia. Soli Organic offers a diverse range of products, including various herbs such as basil, cilantro, dill, mint, and thyme, as well as herb blends and microgreens. The company provides a year-round supply of these organic herbs to grocery stores, enabling consumers to enjoy locally sourced, flavorful ingredients throughout the year. In addition to its agricultural operations, Soli Organic also offers refrigerated transportation services to ensure efficient delivery. It primarily serves retailers across several states in the southeastern United States, including Georgia, Florida, and North Carolina.

Lee & Cates Glass

Debt Financing in 2014
Lee & Cates Glass, Inc., founded in 1926 in Jacksonville, Florida, specializes in providing a diverse array of glass products and services tailored for automotive, commercial, and residential needs. The company offers a wide range of products, including side and rear-view mirrors, power windows, sliding glass doors, insulated glass, and hurricane-resistant glass. Additionally, it provides services such as mobile auto glass repair and replacement, windshield leak repairs, and construction glazing. Lee & Cates Glass maintains service locations throughout Florida and Georgia, ensuring access to quality glass solutions for various applications.

Mason Manufacturing

Debt Financing in 2012
Mason Manufacturing LLC. manufactures heat exchangers, pressure vessels, and columns for the biotechnology, biofuel, grain processing, chemical, petroleum, power, and water treatment industries. It offers ASME vessels/reactors, towers, and tanks and bins, as well as rotary dryers, and replacement and spare parts. The company also provides custom fabrication services. Mason Manufacturing LLC. was incorporated in 1988 and is based in Decatur, Illinois.

Mason Manufacturing

Series B in 2012
Mason Manufacturing LLC. manufactures heat exchangers, pressure vessels, and columns for the biotechnology, biofuel, grain processing, chemical, petroleum, power, and water treatment industries. It offers ASME vessels/reactors, towers, and tanks and bins, as well as rotary dryers, and replacement and spare parts. The company also provides custom fabrication services. Mason Manufacturing LLC. was incorporated in 1988 and is based in Decatur, Illinois.

Mason Manufacturing

Debt Financing in 2011
Mason Manufacturing LLC. manufactures heat exchangers, pressure vessels, and columns for the biotechnology, biofuel, grain processing, chemical, petroleum, power, and water treatment industries. It offers ASME vessels/reactors, towers, and tanks and bins, as well as rotary dryers, and replacement and spare parts. The company also provides custom fabrication services. Mason Manufacturing LLC. was incorporated in 1988 and is based in Decatur, Illinois.
BroadRiver is a CLEC - IT Solutions provider for Cloud, Voice, Data, Internet Connectivity, Hosting, Colocation and Managed Services with Tier 1 through Tier 4 Data Centers. The company's corporate offices are in Midtown, Atlanta, Ga. on the fringes of GA Tech. BroadRiver is a privately held, Georgia-based company with a 20 year history of integrating IT infrastructure, telecom, and hosted solutions for both small and medium sized businesses and enterprises. BroadRiver eliminates the finger pointing and headaches of dealing with multiple vendors who can’t make diverse business communications services work together. The company's goal is to help you select the right combination of data and voice services for your business and to deliver those services with the highest quality and the best value.

Mason Manufacturing

Debt Financing in 2010
Mason Manufacturing LLC. manufactures heat exchangers, pressure vessels, and columns for the biotechnology, biofuel, grain processing, chemical, petroleum, power, and water treatment industries. It offers ASME vessels/reactors, towers, and tanks and bins, as well as rotary dryers, and replacement and spare parts. The company also provides custom fabrication services. Mason Manufacturing LLC. was incorporated in 1988 and is based in Decatur, Illinois.

Mason Manufacturing

Series A in 2010
Mason Manufacturing LLC. manufactures heat exchangers, pressure vessels, and columns for the biotechnology, biofuel, grain processing, chemical, petroleum, power, and water treatment industries. It offers ASME vessels/reactors, towers, and tanks and bins, as well as rotary dryers, and replacement and spare parts. The company also provides custom fabrication services. Mason Manufacturing LLC. was incorporated in 1988 and is based in Decatur, Illinois.

Corpay

Series E in 2009
Corpay is a business payments company that specializes in simplifying expense management for organizations. With a diverse portfolio of payment solutions, it assists businesses in automating and securing their payments to employees and suppliers. Corpay offers services in several key areas, including fuel payments for vehicle fleets, lodging solutions for business travelers, and electronic toll and parking payments. Additionally, the company provides corporate payment solutions that enable clients to optimize spending and manage electronic payments effectively. The firm also focuses on gift card product management, offering services from design to transaction processing. With a presence in North America, Europe, Africa, and Asia, Corpay connects merchants through its closed-loop networks and third-party platforms, delivering tailored information services to enhance payment efficiency. Established in 1986 and headquartered in Norcross, Georgia, Corpay continues to innovate in the payment solutions space.

FleetCor

Series E in 2009
Established in 2000, FleetCor (NYSE: FLT) is a leading independent global provider of specialized payment products and services to businesses, commercial fleets, major oil companies, petroleum marketers, and government entities. FleetCor serves over 500,000 commercial accounts with millions of cardholders across North America, Europe, Africa, and Asia. These commercial accounts purchase more than $14 billion of fuel annually. FleetCor manages relationships with over 800 partners, ranging in size from major oil companies—such as BP and Chevron—to small petroleum marketers with a single fueling location. They provide services ranging from transaction processing to full program management. Their platforms, programs, and infrastructure are both adaptable and scalable, allowing us to fulfill the requirements of a broad range of partners.

Corpay

Venture Round in 2009
Corpay is a business payments company that specializes in simplifying expense management for organizations. With a diverse portfolio of payment solutions, it assists businesses in automating and securing their payments to employees and suppliers. Corpay offers services in several key areas, including fuel payments for vehicle fleets, lodging solutions for business travelers, and electronic toll and parking payments. Additionally, the company provides corporate payment solutions that enable clients to optimize spending and manage electronic payments effectively. The firm also focuses on gift card product management, offering services from design to transaction processing. With a presence in North America, Europe, Africa, and Asia, Corpay connects merchants through its closed-loop networks and third-party platforms, delivering tailored information services to enhance payment efficiency. Established in 1986 and headquartered in Norcross, Georgia, Corpay continues to innovate in the payment solutions space.

Corpay

Debt Financing in 2003
Corpay is a business payments company that specializes in simplifying expense management for organizations. With a diverse portfolio of payment solutions, it assists businesses in automating and securing their payments to employees and suppliers. Corpay offers services in several key areas, including fuel payments for vehicle fleets, lodging solutions for business travelers, and electronic toll and parking payments. Additionally, the company provides corporate payment solutions that enable clients to optimize spending and manage electronic payments effectively. The firm also focuses on gift card product management, offering services from design to transaction processing. With a presence in North America, Europe, Africa, and Asia, Corpay connects merchants through its closed-loop networks and third-party platforms, delivering tailored information services to enhance payment efficiency. Established in 1986 and headquartered in Norcross, Georgia, Corpay continues to innovate in the payment solutions space.

Corpay

Venture Round in 1999
Corpay is a business payments company that specializes in simplifying expense management for organizations. With a diverse portfolio of payment solutions, it assists businesses in automating and securing their payments to employees and suppliers. Corpay offers services in several key areas, including fuel payments for vehicle fleets, lodging solutions for business travelers, and electronic toll and parking payments. Additionally, the company provides corporate payment solutions that enable clients to optimize spending and manage electronic payments effectively. The firm also focuses on gift card product management, offering services from design to transaction processing. With a presence in North America, Europe, Africa, and Asia, Corpay connects merchants through its closed-loop networks and third-party platforms, delivering tailored information services to enhance payment efficiency. Established in 1986 and headquartered in Norcross, Georgia, Corpay continues to innovate in the payment solutions space.