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 Maine

Medrhythms

Series B in 2021
MedRhythms Inc. operates as a neuro-rehab company that uses sensors, music, and artificial intelligence (AI) to provide neurologic music therapy services. The company offers Neurologic Music Therapy (NMT) for those affected by traumatic brain injury, stroke, Parkinson’s disease, and Huntington’s disease. It focuses on intersection between music, neuroscience, and technology, providing interventions to achieve optimum outcomes in sensorimotor, speech, and language, and cognitive goals in patients. The company was founded in 2015 and is based in Portland, Maine.

Micro Precision

Debt Financing in 2019
Micro Precision Group, Inc. is a manufacturer of precision machined components and systems, primarily serving the U.S. Department of Defense, aerospace, nuclear, commercial, and homeland security sectors. Founded in 1981 and based in South Windham, Connecticut, with additional facilities in Maine, the company produces hydraulic accumulators, valves, actuators, manifold assemblies, periscope hoists, and weapons handling equipment. In addition to these offerings, Micro Precision also supplies precision tools, prototype aerospace parts, and various types of air horns for rail and transit applications. The company collaborates closely with its clients, ensuring that its products meet the specialized needs of defense, aerospace, and railroad industries.

JSI Store Fixtures

Debt Financing in 2019
JSI Store Fixtures Inc. designs, manufactures, and markets display fixtures and closed-cell foam products for supermarket chains in North America and internationally. The company offers produce fixtures, such as market-style bins, risers, merchandise accessories, and antimicrobial closed-cell merchandising foam products; and bakery fixtures, including pastry cases, tables, and refrigerated units. It also provides wine fixtures; refrigeration fixtures; floral fixtures and displays for grab-and-go bouquets, potted plants, and artificials, as well as work stations for floral team; and specialty fixtures for coffee stations, growler bars, service bars, and others. JSI Store Fixtures Inc. was founded in 1991 and is based in Milo, Maine with manufacturing facilities across the United States.

JSI Store Fixtures

Debt Financing in 2018
JSI Store Fixtures Inc. designs, manufactures, and markets display fixtures and closed-cell foam products for supermarket chains in North America and internationally. The company offers produce fixtures, such as market-style bins, risers, merchandise accessories, and antimicrobial closed-cell merchandising foam products; and bakery fixtures, including pastry cases, tables, and refrigerated units. It also provides wine fixtures; refrigeration fixtures; floral fixtures and displays for grab-and-go bouquets, potted plants, and artificials, as well as work stations for floral team; and specialty fixtures for coffee stations, growler bars, service bars, and others. JSI Store Fixtures Inc. was founded in 1991 and is based in Milo, Maine with manufacturing facilities across the United States.

Vets First Choice

Debt Financing in 2018
Vets First Choice provides veterinary practices with an online pharmacy and home delivery services. It partners with veterinarians to create insight into gaps in patient care and offer professionalized pro-active prescription management to drive client engagement and improve compliance. The company was founded by Ben Shaw in 2010 and is based in Portland, Maine.

Vets First Choice

Debt Financing in 2017
Vets First Choice provides veterinary practices with an online pharmacy and home delivery services. It partners with veterinarians to create insight into gaps in patient care and offer professionalized pro-active prescription management to drive client engagement and improve compliance. The company was founded by Ben Shaw in 2010 and is based in Portland, Maine.

JSI Store Fixtures

Debt Financing in 2013
JSI Store Fixtures Inc. designs, manufactures, and markets display fixtures and closed-cell foam products for supermarket chains in North America and internationally. The company offers produce fixtures, such as market-style bins, risers, merchandise accessories, and antimicrobial closed-cell merchandising foam products; and bakery fixtures, including pastry cases, tables, and refrigerated units. It also provides wine fixtures; refrigeration fixtures; floral fixtures and displays for grab-and-go bouquets, potted plants, and artificials, as well as work stations for floral team; and specialty fixtures for coffee stations, growler bars, service bars, and others. JSI Store Fixtures Inc. was founded in 1991 and is based in Milo, Maine with manufacturing facilities across the United States.

Putney

Debt Financing in 2013
Putney, Inc. is a pharmaceutical company based in Portland, Maine, specializing in the development and sale of generic prescription medications for pets. Founded in 2006, Putney focuses on creating high-quality, veterinary-approved products that address common health issues in companion animals. Their portfolio includes medications such as Enrofloxacin tablets for bacterial infections in dogs and cats, Cefpodoxime Proxetil tablets for skin infections in dogs, Mupirocin ointment for canine skin infections, Carprofen caplets for pain management in osteoarthritis, and Ketamine HCl for anesthetic use in cats. Additionally, the company offers some human-approved products, including Ampicillin sodium and Amoxicillin capsules. Putney markets its products through a network of distributors across the United States and operates as a subsidiary of Dechra Pharmaceuticals plc.

Quoddy

Debt Financing in 2013
Quoddy, Inc. is a footwear manufacturer based in Perry, Maine, specializing in custom-made shoes, boots, and slippers for both men and women. Established in 1909, the company employs traditional moccasin construction techniques, utilizing leather, needle, and thread to create handmade footwear. Quoddy's products are available through various retail stores across the United States and internationally, including locations in Canada, Australia, France, and Japan, among others. Additionally, the company offers its products through online retailers and its own website, ensuring accessibility for customers seeking fashionable, bespoke footwear.

Quoddy

Series A in 2013
Quoddy, Inc. is a footwear manufacturer based in Perry, Maine, specializing in custom-made shoes, boots, and slippers for both men and women. Established in 1909, the company employs traditional moccasin construction techniques, utilizing leather, needle, and thread to create handmade footwear. Quoddy's products are available through various retail stores across the United States and internationally, including locations in Canada, Australia, France, and Japan, among others. Additionally, the company offers its products through online retailers and its own website, ensuring accessibility for customers seeking fashionable, bespoke footwear.