Advantage X

Advantage Capital is a venture capital firm founded in 1992 and based in New Orleans, Louisiana, with additional offices across the United States. The firm specializes in growth equity, lending, and mezzanine debt capital investments, primarily targeting small businesses at various stages of development, from early to later stages, excluding seed investments. Advantage Capital focuses on investing in low-income communities, both urban and rural, and supports state and local economic development initiatives. It seeks opportunities in sectors such as communication, information technology, telecommunications, business services, manufacturing, pharmaceuticals, biotechnology, life sciences, and energy, while also considering investments in rural agricultural businesses. The firm typically makes initial investments ranging from $0.5 million to $10 million in companies with sales of less than $5 million, with potential for larger investments based on milestones. Advantage Capital also provides various forms of debt capital and prefers co-investing with other firms. The firm is committed to addressing the financing needs of underserved areas and fostering economic growth in communities lacking traditional sources of risk capital.

Al Alvarez

Director

Brian Anderson

Managing Director

Anthony Billings

Senior Vice President and Investment Team Member

Bitting, Thomas H.P.

Managing Director

Adam Constantinides

Senior Vice President

Anaƫlle Croteau

Vice President

Trey Garland

Senior Associate

Christopher C. Harris

Principal

Joseph Henderson

Senior Vice President

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

Scott Murphy

Managing Director and Chief Investment Officer

Justin N. Obletz

CFO and Managing Director

Tim Perusek

Principal and Investment Group Member

Keith Pettus

Principal

Damon L. Rawie

Managing Director

Josh Rogers

Principal

Gabe Rosen

Vice President

Talmadge Singer

Managing Director

Steven T. Stull

President

Matthew Switzer

Vice President

Tony Toups

Principal

Alexandra Twyman

Vice President

Benjamin T. Warning

Vice President

J.P. Lynch

Vice President

Past deals in Nebraska

Opendorse

Convertible Note in 2022
Opendorse is a company that offers a software-as-a-service (SaaS) platform designed to streamline the endorsement process for athletes and brands. Founded in 2012 by Adi Kunalic, Blake Lawrence, and Timothy Braun, and based in Lincoln, Nebraska, Opendorse's platform enables athletes to receive and share curated content, such as videos, photos, and GIFs, across their social media channels. The service is aimed at enhancing athlete marketing by connecting athletes with brands and fans, allowing for effective social media campaigns. By analyzing campaign goals and target markets, Opendorse facilitates the endorsement process, providing a streamlined approach for brands to engage with athletes and their audiences.

Pacha Soap

Convertible Note in 2021
Pacha Soap Company, founded in 2011 and based in Hastings, Nebraska, specializes in the manufacture of all-natural soaps and bath products. The company focuses on promoting health, hygiene, and well-being through its handcrafted body care items, which are made from organic ingredients and are free from parabens and toxic chemicals. Pacha Soap is committed to sustainability, offering environmentally friendly products that support both personal care and ecological responsibility, enabling customers to maintain cleanliness in an eco-conscious manner.

Beehive Industries

Convertible Note in 2020
Beehive Industries, LLC is a software company based in Lincoln, Nebraska, specializing in infrastructure and asset management solutions for state and local governments, resource districts, utilities, and the construction sector. Founded in 2011, Beehive offers a comprehensive software platform that enables clients to effectively track, manage, and document various activities related to their physical assets. The software addresses a wide range of areas, including water and wastewater management, code compliance, permitting, and public works projects such as streetlights, storm systems, and fleet management. By providing an intuitive and data-driven solution, Beehive Industries aims to enhance the efficiency and effectiveness of public sector operations, particularly within Public Works and Utilities departments.

Wes and Willy

Debt Financing in 2020
Wes and Willy specialize in producing boy's clothing, infant's, girl's and men's clothing, and apparel. It was headquartered in Omaha, Nebraska in 1989.

Open Range Beef

Debt Financing in 2019
Open Range Beef is a specialized beef processing company that caters to the certified organic and toll processing markets. It operates as a boutique packing plant, focusing on the unique needs of each customer by supplying premium beef according to specific requirements. The company adheres to strict organic principles, ensuring the integrity and traceability of cattle from birth to delivery. Open Range Beef emphasizes food safety, employee safety, and humane animal handling practices, while offering products that are grass-fed and free from antibiotics. Through streamlined record-keeping and quality processes, it enables customers to receive high-quality organic beef that meets their standards.

Hudl

Convertible Note in 2018
Hudl is a software platform that specializes in video analysis and coaching tools for sports teams, assisting coaches in enhancing athlete performance through detailed insights. Founded in 2006 and headquartered in Lincoln, Nebraska, Hudl allows coaches to upload and analyze game footage, integrating features such as telestrations, voice notes, and text feedback to communicate effectively with athletes. The platform also enables athletes to create highlight reels to showcase their skills to recruiters. Hudl provides a comprehensive suite of products, including online tools, mobile applications, smart cameras, and professional consultation services, catering to sports teams at all levels, from grassroots to professional organizations. This array of resources helps coaches and athletes prepare better and maintain a competitive edge.

Pallet Advisors

Debt Financing in 2018
Pallet Advisors is a manufacturer and distributor of new, used and combo/hybrid wooden pallets. The company specializes in new and used #1 grade, #2 grade, and GMA hardwood and softwood pallets and is very involved with numerous warehouses and distribution centers throughout the Midwest region. It purchases and sells pallets to and from a half-dozen Fortune 500 Companies in the Midwest and 40 to 50 smaller companies located regionally.

North End Teleservices

Debt Financing in 2018
Provider of multi-channel contact center services intended to create jobs and change lives. The company focuses on the customization of client programs, quality assurance and client relationships, thereby providing outsourced services including customer service, sales, back-office support, overflow and after-hours support to government agencies as well as clients in the commercial and small and large B2B, B2C sectors that meet their specific needs.

Open Range Beef

Debt Financing in 2018
Open Range Beef is a specialized beef processing company that caters to the certified organic and toll processing markets. It operates as a boutique packing plant, focusing on the unique needs of each customer by supplying premium beef according to specific requirements. The company adheres to strict organic principles, ensuring the integrity and traceability of cattle from birth to delivery. Open Range Beef emphasizes food safety, employee safety, and humane animal handling practices, while offering products that are grass-fed and free from antibiotics. Through streamlined record-keeping and quality processes, it enables customers to receive high-quality organic beef that meets their standards.

Beehive Industries

Series B in 2018
Beehive Industries, LLC is a software company based in Lincoln, Nebraska, specializing in infrastructure and asset management solutions for state and local governments, resource districts, utilities, and the construction sector. Founded in 2011, Beehive offers a comprehensive software platform that enables clients to effectively track, manage, and document various activities related to their physical assets. The software addresses a wide range of areas, including water and wastewater management, code compliance, permitting, and public works projects such as streetlights, storm systems, and fleet management. By providing an intuitive and data-driven solution, Beehive Industries aims to enhance the efficiency and effectiveness of public sector operations, particularly within Public Works and Utilities departments.

The Row Apartments

Venture Round in 2017
The Row is a two-story apartment home for rent that offers an outdoor living area and open spaces. The apartment home includes four bedrooms and two baths with an attached 2 car garage. Each apartment for rent includes all kitchen appliances, making it a joy to entertain family and friends. Full-size washer and dryer ensuring those weekend chores are a breeze. Always in demand, central air conditioning, solar heat, and extra storage are also provided.

Beehive Industries

Convertible Note in 2015
Beehive Industries, LLC is a software company based in Lincoln, Nebraska, specializing in infrastructure and asset management solutions for state and local governments, resource districts, utilities, and the construction sector. Founded in 2011, Beehive offers a comprehensive software platform that enables clients to effectively track, manage, and document various activities related to their physical assets. The software addresses a wide range of areas, including water and wastewater management, code compliance, permitting, and public works projects such as streetlights, storm systems, and fleet management. By providing an intuitive and data-driven solution, Beehive Industries aims to enhance the efficiency and effectiveness of public sector operations, particularly within Public Works and Utilities departments.

South Omaha Surgical Center Realty

Debt Financing in 2014
South Omaha Surgical Center Realty is a multi-specialty facility that offers Gynecology, Pain Management, Plastic Surgery, and other treatments. South Omaha Surgical Center Realtyis located in Omaha, Nebraska.

Beehive Industries

Series A in 2014
Beehive Industries, LLC is a software company based in Lincoln, Nebraska, specializing in infrastructure and asset management solutions for state and local governments, resource districts, utilities, and the construction sector. Founded in 2011, Beehive offers a comprehensive software platform that enables clients to effectively track, manage, and document various activities related to their physical assets. The software addresses a wide range of areas, including water and wastewater management, code compliance, permitting, and public works projects such as streetlights, storm systems, and fleet management. By providing an intuitive and data-driven solution, Beehive Industries aims to enhance the efficiency and effectiveness of public sector operations, particularly within Public Works and Utilities departments.

Open Range Beef

Debt Financing in 2014
Open Range Beef is a specialized beef processing company that caters to the certified organic and toll processing markets. It operates as a boutique packing plant, focusing on the unique needs of each customer by supplying premium beef according to specific requirements. The company adheres to strict organic principles, ensuring the integrity and traceability of cattle from birth to delivery. Open Range Beef emphasizes food safety, employee safety, and humane animal handling practices, while offering products that are grass-fed and free from antibiotics. Through streamlined record-keeping and quality processes, it enables customers to receive high-quality organic beef that meets their standards.

Beehive Industries

Convertible Note in 2014
Beehive Industries, LLC is a software company based in Lincoln, Nebraska, specializing in infrastructure and asset management solutions for state and local governments, resource districts, utilities, and the construction sector. Founded in 2011, Beehive offers a comprehensive software platform that enables clients to effectively track, manage, and document various activities related to their physical assets. The software addresses a wide range of areas, including water and wastewater management, code compliance, permitting, and public works projects such as streetlights, storm systems, and fleet management. By providing an intuitive and data-driven solution, Beehive Industries aims to enhance the efficiency and effectiveness of public sector operations, particularly within Public Works and Utilities departments.

Aurora Cooperative

Debt Financing in 2013
Aurora Cooperative Elevator Company is a farming company that provides grain, agronomy, animal nutrition, and energy.

Pallet Advisors

Debt Financing in 2013
Pallet Advisors is a manufacturer and distributor of new, used and combo/hybrid wooden pallets. The company specializes in new and used #1 grade, #2 grade, and GMA hardwood and softwood pallets and is very involved with numerous warehouses and distribution centers throughout the Midwest region. It purchases and sells pallets to and from a half-dozen Fortune 500 Companies in the Midwest and 40 to 50 smaller companies located regionally.

Renaissance Financial

Debt Financing in 2008
Renaissance Financial Corporation is a financial services firm based in St. Louis, Missouri, with additional offices in Omaha and Lincoln, Nebraska, and Kansas City, Kansas. Founded in 1994, the company specializes in providing tailored financial advisory services to individuals, families, and businesses across the United States. For individual clients, Renaissance offers comprehensive financial planning services that include assessments of current financial positions, life insurance planning, investment strategies, tax planning, retirement planning, estate planning, and wealth accumulation and preservation. For business clients, the firm provides a range of solutions such as business planning, key person life insurance, estate planning, business continuation strategies, and executive benefit programs. Over the years, Renaissance Financial has grown significantly, expanding from 14 founding members to a team of over 130 professionals dedicated to helping clients achieve financial freedom through personalized and creative planning.
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