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 Nevada

Talage

Venture Round in 2022
Talage, Inc. operates an online software platform that offers insurance brokerage services specifically for small businesses. Founded in 2015 and based in Reno, Nevada, the company facilitates the comparison and purchase of commercial insurance policies. Talage aims to enhance the digital distribution of property and casualty insurance, benefiting insurance carriers, agencies, and small business owners alike.

NevadaNano

Convertible Note in 2021
NevadaNano develops and manufactures micro-electro-mechanical systems (MEMS)-based sensor modules and subsystems for various commercial and government applications. Founded in 2004 to commercialize sensor technology from the University of Nevada, Reno, the company has shifted its focus to the Internet of Things (IoT) and aims to provide affordable, reliable sensors capable of detecting a wide range of substances. Their sensor modules feature a solid-state, MEMS technology that allows for small size, low cost, and high reliability. Each sensor utilizes a single silicon chip equipped with multiple complementary chemical sensors to measure various thermodynamic and electrostatic properties of vapors, liquids, and particles. This technology enables the detection of bio-agents, illicit drugs, and other chemicals, making NevadaNano's Molecular Property Spectrometer™ (MPS™) a strong candidate for extensive deployment in both homeland security and commercial sectors. The company's innovative sensors are designed for unattended operation, self-activation, and self-cleaning, which enhances their practicality for widespread use.

Vineburg Machining

Debt Financing in 2021
Vineburg Machining, Inc. (VMI) is a full service job shop focused on providing machining services for manufacturing companies throughout the United States . The company was established in Sonoma, CA. in 1977. Since then, VMI has moved its production facility to Carson City, NV. We have recently purchased several state of the art CNC machines and multi-spindles which will greatly improve overall efficiency and sophistication of machining processes. VMI's commitment to produce quality parts has been a company wide focus. VMI has implemented a continuous improvement program into all areas of the business. Thus allowing VMI to attain ISO 9001:2008. VMI's goal is to provide their customers with a seamless transition from the plant floor to their facility, while maintaining quality, cost effectiveness and efficiency.

Leading Edge Scaffold

Debt Financing in 2020
Leading Edge Scaffold is a provider of scaffolding design, engineering, erection, and dismantle services. It also offers scaffolding products for industrial, government, commercial, and special event needs.

Polar Shades Sun Control

Debt Financing in 2020
Polar Shades is a family-owned business that manufactures interior and exterior window shades. The corporate office and manufacturing division are located in Las Vegas, Nevada. Polar Shades is based on honesty and integrity, and they offer products to meet your needs, no matter how small or large.

Las Vegas Expo

Debt Financing in 2020
Las Vegas Expo is an exposition company specializing in trade shows, corporate meetings, and special events. It offers services that include general contracting help, local and out-of-state logistics, client storage, custom design, and in-house fabrication. Las Vegas Expo was established in 1994 by Robert Cordaro in Las Vegas, Nevada.
All-In Recruiting & Talent Boutique LLC offers direct placement, executive search, talent acquisition, and related recruitment services. The company provides recruitment subscription, pay per position, social recruiting, contingency-based executive search, boutique recruitment solutions, resume services, career consultations, professional branding, and job listings services. It serves technology industry. The company was founded in 2015 and is based in Las Vegas, Nevada.

Precision Opinion

Debt Financing in 2020
Precision Opinion, Inc. provides market research services to corporations and agencies in the area of social science research and public opinion polling. It offers services in the areas of data collection via telephone/Internet/cell phones/IVR modes, as well as focus group facilities in Las Vegas. The company also provides services ranging from the testing of new television pilots and Hollywood movies in a real-time behavioral response preview theater; and movie trailer and commercial testing via the Internet to traditional market research services for corporations and government agencies. Precision Opinion, Inc. was founded in 2007 and is based in Las Vegas, Nevada.

NevadaNano

Convertible Note in 2020
NevadaNano develops and manufactures micro-electro-mechanical systems (MEMS)-based sensor modules and subsystems for various commercial and government applications. Founded in 2004 to commercialize sensor technology from the University of Nevada, Reno, the company has shifted its focus to the Internet of Things (IoT) and aims to provide affordable, reliable sensors capable of detecting a wide range of substances. Their sensor modules feature a solid-state, MEMS technology that allows for small size, low cost, and high reliability. Each sensor utilizes a single silicon chip equipped with multiple complementary chemical sensors to measure various thermodynamic and electrostatic properties of vapors, liquids, and particles. This technology enables the detection of bio-agents, illicit drugs, and other chemicals, making NevadaNano's Molecular Property Spectrometer™ (MPS™) a strong candidate for extensive deployment in both homeland security and commercial sectors. The company's innovative sensors are designed for unattended operation, self-activation, and self-cleaning, which enhances their practicality for widespread use.

Maverick Helicopters

Debt Financing in 2020
Maverick Helicopters is an aviation-based tourism company that offers Grand Canyon, Las Vegas, and Hawaii helicopter tour services. The Las Vegas, Nevada-based company was founded in 1995.

Power Gen Components

Debt Financing in 2020
Power Gen Components manufactures precision fasteners engineered specifically for power generation and oil and gas applications. It specializes in manufacturing nuts, bolts, and fasteners.

NevadaNano

Convertible Note in 2019
NevadaNano develops and manufactures micro-electro-mechanical systems (MEMS)-based sensor modules and subsystems for various commercial and government applications. Founded in 2004 to commercialize sensor technology from the University of Nevada, Reno, the company has shifted its focus to the Internet of Things (IoT) and aims to provide affordable, reliable sensors capable of detecting a wide range of substances. Their sensor modules feature a solid-state, MEMS technology that allows for small size, low cost, and high reliability. Each sensor utilizes a single silicon chip equipped with multiple complementary chemical sensors to measure various thermodynamic and electrostatic properties of vapors, liquids, and particles. This technology enables the detection of bio-agents, illicit drugs, and other chemicals, making NevadaNano's Molecular Property Spectrometer™ (MPS™) a strong candidate for extensive deployment in both homeland security and commercial sectors. The company's innovative sensors are designed for unattended operation, self-activation, and self-cleaning, which enhances their practicality for widespread use.

Power Gen Components

Debt Financing in 2019
Power Gen Components manufactures precision fasteners engineered specifically for power generation and oil and gas applications. It specializes in manufacturing nuts, bolts, and fasteners.

Cross-Check Aviation

Venture Round in 2019
Cross-Check Aviation is an FAA/EASA instrument, accessory, and radio repair and overhaul facility. It is located in Reno, Nevada in 1999.

Vineburg Machining

Debt Financing in 2019
Vineburg Machining, Inc. (VMI) is a full service job shop focused on providing machining services for manufacturing companies throughout the United States . The company was established in Sonoma, CA. in 1977. Since then, VMI has moved its production facility to Carson City, NV. We have recently purchased several state of the art CNC machines and multi-spindles which will greatly improve overall efficiency and sophistication of machining processes. VMI's commitment to produce quality parts has been a company wide focus. VMI has implemented a continuous improvement program into all areas of the business. Thus allowing VMI to attain ISO 9001:2008. VMI's goal is to provide their customers with a seamless transition from the plant floor to their facility, while maintaining quality, cost effectiveness and efficiency.

Power Gen Components

Debt Financing in 2018
Power Gen Components manufactures precision fasteners engineered specifically for power generation and oil and gas applications. It specializes in manufacturing nuts, bolts, and fasteners.

Vineburg Machining

Debt Financing in 2017
Vineburg Machining, Inc. (VMI) is a full service job shop focused on providing machining services for manufacturing companies throughout the United States . The company was established in Sonoma, CA. in 1977. Since then, VMI has moved its production facility to Carson City, NV. We have recently purchased several state of the art CNC machines and multi-spindles which will greatly improve overall efficiency and sophistication of machining processes. VMI's commitment to produce quality parts has been a company wide focus. VMI has implemented a continuous improvement program into all areas of the business. Thus allowing VMI to attain ISO 9001:2008. VMI's goal is to provide their customers with a seamless transition from the plant floor to their facility, while maintaining quality, cost effectiveness and efficiency.

International Test Solutions

Debt Financing in 2017
International Test Solutions is a supplier of highly engineered cleaning materials supporting the semiconductor industry. International Test Solutions products are used for advanced probe cards at parametric test & wafer sort operations (PCC), test socket applications during package test (TCC), and chuck cleaning at front- and backend tools (CCW). International Test Solutions provides critical materials and turnkey products that enable device manufactures and foundries to maximize uptime and throughput for the substantial cost of test savings.

NevadaNano

Convertible Note in 2017
NevadaNano develops and manufactures micro-electro-mechanical systems (MEMS)-based sensor modules and subsystems for various commercial and government applications. Founded in 2004 to commercialize sensor technology from the University of Nevada, Reno, the company has shifted its focus to the Internet of Things (IoT) and aims to provide affordable, reliable sensors capable of detecting a wide range of substances. Their sensor modules feature a solid-state, MEMS technology that allows for small size, low cost, and high reliability. Each sensor utilizes a single silicon chip equipped with multiple complementary chemical sensors to measure various thermodynamic and electrostatic properties of vapors, liquids, and particles. This technology enables the detection of bio-agents, illicit drugs, and other chemicals, making NevadaNano's Molecular Property Spectrometer™ (MPS™) a strong candidate for extensive deployment in both homeland security and commercial sectors. The company's innovative sensors are designed for unattended operation, self-activation, and self-cleaning, which enhances their practicality for widespread use.

OrderWithMe

Debt Financing in 2017
OrderWithMe is an online group buying platform founded in 2011 and based in Las Vegas, Nevada. The company aims to simplify the consumer market by providing innovative supply chain solutions. It focuses on three core areas: business operations, financial management, and retail experiences. The business solutions offered include invoicing, collaboration tools, and apps designed for efficient management of daily operations. The financial solutions help businesses manage cash flow and facilitate online transactions, featuring products that guarantee payments and provide upfront capital for invoices. In retail, OrderWithMe is dedicated to enhancing shopping experiences through innovative products and personal customer engagement, thereby transforming the retail industry.

Tortillas

Debt Financing in 2016
Tortillas Inc. is a food manufacturing company based in North Las Vegas, Nevada, specializing in the production and sale of various types of tortillas. Established in 1979, the company offers a range of retail products, including corn, flour, and fried tortillas, which are distributed through grocery stores in the Las Vegas valley. In addition to retail offerings, Tortillas Inc. supplies food service products to restaurants and businesses in Nevada, Utah, and Arizona. Their product lineup includes white corn, yellow and colored corn tortillas, flavored corn, pre-cut chips, fresh ground corn masa, and flavored wraps, among others.

PLI Card Marketing Solutions

Debt Financing in 2015
PLI Card Marketing Solutions is a provider of gift and loyalty card marketing solutions. PLI is a global provider of card production, card personalization, fulfillment, direct mail, advertising and marketing collateral and all print services with four production facilities and warehouses located in Asheville, NC, North Las Vegas, NV, Romeoville, IL and St. Louis, MO, including international worldwide customer support through distribution centers in Canada and the Netherlands. PLI is a leading card producer in the commercial card market with more than 1,000 employees nationwide and 450,000 square feet of total manufacturing space.

Superior Linen

Debt Financing in 2014
Superior Linen, LLC operates as a commercial laundry and linen rental company in Las Vegas. It provides uniform laundry, hotel linen, linen rental and terry, double delivery, household items laundry, and leather and suede cleaning services. The company also offers LinenMaster, a web-based hotel linen service management program that allows clients to view hotel linen service invoices and shipping manifests in real-time over the Internet. Superior Linen, LLC was founded in 2009 and is headquartered in North Las Vegas, Nevada. On August 21, 2017, the voluntary petition of Superior Linen, LLC for reorganization under Chapter 11 was converted to Chapter 7. It had filed for Chapter 11 bankruptcy on September 30, 2016.

Tortillas

Debt Financing in 2014
Tortillas Inc. is a food manufacturing company based in North Las Vegas, Nevada, specializing in the production and sale of various types of tortillas. Established in 1979, the company offers a range of retail products, including corn, flour, and fried tortillas, which are distributed through grocery stores in the Las Vegas valley. In addition to retail offerings, Tortillas Inc. supplies food service products to restaurants and businesses in Nevada, Utah, and Arizona. Their product lineup includes white corn, yellow and colored corn tortillas, flavored corn, pre-cut chips, fresh ground corn masa, and flavored wraps, among others.

OrderWithMe

Series B in 2014
OrderWithMe is an online group buying platform founded in 2011 and based in Las Vegas, Nevada. The company aims to simplify the consumer market by providing innovative supply chain solutions. It focuses on three core areas: business operations, financial management, and retail experiences. The business solutions offered include invoicing, collaboration tools, and apps designed for efficient management of daily operations. The financial solutions help businesses manage cash flow and facilitate online transactions, featuring products that guarantee payments and provide upfront capital for invoices. In retail, OrderWithMe is dedicated to enhancing shopping experiences through innovative products and personal customer engagement, thereby transforming the retail industry.

Vineburg Machining

Debt Financing in 2014
Vineburg Machining, Inc. (VMI) is a full service job shop focused on providing machining services for manufacturing companies throughout the United States . The company was established in Sonoma, CA. in 1977. Since then, VMI has moved its production facility to Carson City, NV. We have recently purchased several state of the art CNC machines and multi-spindles which will greatly improve overall efficiency and sophistication of machining processes. VMI's commitment to produce quality parts has been a company wide focus. VMI has implemented a continuous improvement program into all areas of the business. Thus allowing VMI to attain ISO 9001:2008. VMI's goal is to provide their customers with a seamless transition from the plant floor to their facility, while maintaining quality, cost effectiveness and efficiency.

OrderWithMe

Debt Financing in 2014
OrderWithMe is an online group buying platform founded in 2011 and based in Las Vegas, Nevada. The company aims to simplify the consumer market by providing innovative supply chain solutions. It focuses on three core areas: business operations, financial management, and retail experiences. The business solutions offered include invoicing, collaboration tools, and apps designed for efficient management of daily operations. The financial solutions help businesses manage cash flow and facilitate online transactions, featuring products that guarantee payments and provide upfront capital for invoices. In retail, OrderWithMe is dedicated to enhancing shopping experiences through innovative products and personal customer engagement, thereby transforming the retail industry.

Rayeman Elements

Debt Financing in 2014
Rayeman Elements manufactures, develops, and distributes innovative technology to produce environmentally friendly products for the ethanol industry. Its Rayeman Bulk Densification Equipment utilizes patented technology to provide sustainable solutions for range cattle, as well as other species' feed, renewable energy, and shipping purposes. This ground-breaking system processes 100% distillers' or brewers' grain with no added fillers or binders, using only heating, cooling, and 3-dimensional pressure through its unique technology. This patented technology provides the opportunity to bulk densify virtually any product introduced, reducing the material by up to 70%, forming a cube, pellet, or log. Rayeman Elements has recently completed a sale of two ground-breaking Rayeman Compression Dryers (RCD) to Lincolnway Energy in Nevada, Iowa. The RCD's patented technology safely and efficiently converts wet grain to premium dry grain, in a process that yields the benefits of the reduction of emissions, elimination of explosions, a smaller footprint, and significantly lower capital outlay and operating costs than conventional dryer systems. The Rayeman Compression Dryer is designed to be flexible, dependent on desired output and dryness levels. The barrel and screw arrangements can be hooked up in series or in a parallel configuration and can be connected in series to existing conventional drying systems to increase capacity and quality.

Rayeman Elements

Debt Financing in 2013
Rayeman Elements manufactures, develops, and distributes innovative technology to produce environmentally friendly products for the ethanol industry. Its Rayeman Bulk Densification Equipment utilizes patented technology to provide sustainable solutions for range cattle, as well as other species' feed, renewable energy, and shipping purposes. This ground-breaking system processes 100% distillers' or brewers' grain with no added fillers or binders, using only heating, cooling, and 3-dimensional pressure through its unique technology. This patented technology provides the opportunity to bulk densify virtually any product introduced, reducing the material by up to 70%, forming a cube, pellet, or log. Rayeman Elements has recently completed a sale of two ground-breaking Rayeman Compression Dryers (RCD) to Lincolnway Energy in Nevada, Iowa. The RCD's patented technology safely and efficiently converts wet grain to premium dry grain, in a process that yields the benefits of the reduction of emissions, elimination of explosions, a smaller footprint, and significantly lower capital outlay and operating costs than conventional dryer systems. The Rayeman Compression Dryer is designed to be flexible, dependent on desired output and dryness levels. The barrel and screw arrangements can be hooked up in series or in a parallel configuration and can be connected in series to existing conventional drying systems to increase capacity and quality.