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 Beverages

Kaldis Coffee Roasting Company

Debt Financing in 2020
Kaldis Coffee Roasting Company is a food & beverages company providing coffee products and services.

Bakery on Main

Debt Financing in 2020
Bakery on Main passion has always been to bring their customers delicious baked products made with clean and natural ingredients. Their goal is to make you happy while helping to clean up their food supply and provide everyone with products that can be trusted by those who need it and delicious to everyone who tries it! They hope that enjoying their products makes you as HAPPY as it make them to make them for you!

Exclusive Imports

Debt Financing in 2019
Exclusive Imports offers personal service and support to help companies and their customers understand and enjoy imported wines. It was established in Beverly Hills, California.

Austin Eastciders

Convertible Note in 2019
Austin Eastciders, Inc., founded in 2013 and based in Austin, Texas, specializes in producing a variety of ciders made from apples. The company aims to revitalize interest in cider in America, beginning with its Original Dry cider. In addition to the Original Dry, Austin Eastciders has expanded its offerings to include diverse flavors such as Texas Honey, Hopped, Pineapple, and Blood Orange, catering to a growing audience of cider enthusiasts.

Brew Dr. Kombucha

Debt Financing in 2019
Brew Dr. Kombucha is produced entirely in-house, leaf to bottle. After They brew their recipes of organic tea and dried herbs, roots and fruits, it takes about two weeks to complete the probiotic fermentation process. Their attention to quality at the beginning of the process means they don’t need to add any flavors or juices at the end. Their flavors stand on their own, balancing the right levels of sweet and sour that make well-made, traditional kombucha so interesting. They are proud of their commitment to using only whole, organic ingredients with no added nonsense.

Big Easy Bucha

Debt Financing in 2018
Big Easy Bucha is a producer of healthy, refreshing, and organic kombucha beverages. The company's organic kombucha beverages are fermented tea packed to the brim with probiotics and are naturally carbonated and lightly sweetened, making it a better alternative to sugary sodas, enabling consumers to consume healthy drinks. It was established in 2014 in New Orleans, Louisiana.

San Jose Imports

Debt Financing in 2018
San Jose Imports is a wholesaler and distributor of candies, piñatas, and party favors. The company imports all of its products directly from Mexico, ensuring an authentic taste and experience. It offers over 800 different types of candy and party favors.

Bumpers America’s Favorite Foods

Debt Financing in 2018
Bumpers is a quick-service drive-in and drive-thru restaurant offering cooked-to-order food. The Bumpers menu features burgers, fresh-cut, hand-battered onion rings, chicken bites and chicken tenders, chili cheese dogs and many other hometown favorites.

Grainful

Convertible Note in 2018
Grainful, operating under BeetNPath, LLC, is a food company focused on creating chef-inspired entrées that feature the wholesome goodness of steel-cut oats. The company produces whole grain-based frozen meals that prioritize health and accessibility, utilizing clean, natural ingredients that are gluten-free and rich in fiber, complete proteins, and other essential nutrients. Grainful aims to provide nourishing, high-quality food options for consumers at an affordable price, ensuring that wholesome meals are available for both lunch and dinner.

Austin Eastciders

Venture Round in 2018
Austin Eastciders, Inc., founded in 2013 and based in Austin, Texas, specializes in producing a variety of ciders made from apples. The company aims to revitalize interest in cider in America, beginning with its Original Dry cider. In addition to the Original Dry, Austin Eastciders has expanded its offerings to include diverse flavors such as Texas Honey, Hopped, Pineapple, and Blood Orange, catering to a growing audience of cider enthusiasts.

NurturMe

Debt Financing in 2018
NurturMe provides innovative and sustainable options for busy, modern parents to help ensure their children are getting the nutrition they need to live a yummy life including the first 100% pure quinoa alternative to traditional rice cereals, dry pouch infant meals that can be mixed with breast milk or formula for added nutrients, and healthy toddler snacks that deliver 1.5 servings of fruit AND veggies in each pouch. Made from specially selected super fruits and veggies that are quick-dried in order to preserve freshness, flavor and vital nutrients, NurturMe baby and toddler foods are certified organic, gluten-free, non-GMO and kosher, with no added preservatives, sugars or salts. NurturMe’s line of organic dry NurturMeal pouches and Yum-a-Roo’s dried fruit and veggie snacks were designed to meet every yummy need, from infants to toddlers, and everywhere in between. Good for baby and Mother Earth, NurturMe dried fruit and veggie foods are super lightweight and made in the USA, leaving a smaller carbon footprint on their planet than the other options found in the baby aisle.

Grainful

Venture Round in 2017
Grainful, operating under BeetNPath, LLC, is a food company focused on creating chef-inspired entrées that feature the wholesome goodness of steel-cut oats. The company produces whole grain-based frozen meals that prioritize health and accessibility, utilizing clean, natural ingredients that are gluten-free and rich in fiber, complete proteins, and other essential nutrients. Grainful aims to provide nourishing, high-quality food options for consumers at an affordable price, ensuring that wholesome meals are available for both lunch and dinner.

Brew Dr. Kombucha

Debt Financing in 2017
Brew Dr. Kombucha is produced entirely in-house, leaf to bottle. After They brew their recipes of organic tea and dried herbs, roots and fruits, it takes about two weeks to complete the probiotic fermentation process. Their attention to quality at the beginning of the process means they don’t need to add any flavors or juices at the end. Their flavors stand on their own, balancing the right levels of sweet and sour that make well-made, traditional kombucha so interesting. They are proud of their commitment to using only whole, organic ingredients with no added nonsense.

Kaldis Coffee Roasting Company

Debt Financing in 2016
Kaldis Coffee Roasting Company is a food & beverages company providing coffee products and services.

Baileys'​ Restaurants

Debt Financing in 2016
Baileys'​ Restaurants operates a family of restaurants and event spaces to provide guests with memorable experiences. It focuses on seasonal ingredients, sourcing locally, responsibly-raised meats, and sustainable practices, striving to stay true to its “farm-to-table” mission. The restaurant's chefs smoke whole hogs, bake all of its bread and pastries from scratch, and make every sauce and dressing. It also tends to a variety of herbs, vegetables, flowers, and even a collection of beehives to be used in its dishes. It was established in 2004 in St Louis, Missouri.

Dubuque Coffee Company

Debt Financing in 2016
Dubuque Coffee seeks out premium green coffees from around the world for its single-origin coffees and its blends. It offers flavored coffees, such as Highlander Grog and Hazelnut that are made with the same premium quality coffees that it uses for its blends and flavor-mixed in small batches.

NurturMe

Venture Round in 2016
NurturMe provides innovative and sustainable options for busy, modern parents to help ensure their children are getting the nutrition they need to live a yummy life including the first 100% pure quinoa alternative to traditional rice cereals, dry pouch infant meals that can be mixed with breast milk or formula for added nutrients, and healthy toddler snacks that deliver 1.5 servings of fruit AND veggies in each pouch. Made from specially selected super fruits and veggies that are quick-dried in order to preserve freshness, flavor and vital nutrients, NurturMe baby and toddler foods are certified organic, gluten-free, non-GMO and kosher, with no added preservatives, sugars or salts. NurturMe’s line of organic dry NurturMeal pouches and Yum-a-Roo’s dried fruit and veggie snacks were designed to meet every yummy need, from infants to toddlers, and everywhere in between. Good for baby and Mother Earth, NurturMe dried fruit and veggie foods are super lightweight and made in the USA, leaving a smaller carbon footprint on their planet than the other options found in the baby aisle.

Brew Dr. Kombucha

Debt Financing in 2015
Brew Dr. Kombucha is produced entirely in-house, leaf to bottle. After They brew their recipes of organic tea and dried herbs, roots and fruits, it takes about two weeks to complete the probiotic fermentation process. Their attention to quality at the beginning of the process means they don’t need to add any flavors or juices at the end. Their flavors stand on their own, balancing the right levels of sweet and sour that make well-made, traditional kombucha so interesting. They are proud of their commitment to using only whole, organic ingredients with no added nonsense.

Dubuque Coffee Company

Debt Financing in 2015
Dubuque Coffee seeks out premium green coffees from around the world for its single-origin coffees and its blends. It offers flavored coffees, such as Highlander Grog and Hazelnut that are made with the same premium quality coffees that it uses for its blends and flavor-mixed in small batches.

Arcobasso Foods

Debt Financing in 2015
Arcobasso Foods, Inc. manufactures and develops custom sauces, dressings, beverages, and marinades. It also offers a variety of bottling and packaging options for custom sauces, dressings, and marinades. The company serves multi-unit restaurant chains, retailers, convenience stores, grocery store chains, and food distributors. Arcobasso Foods, Inc. was incorporated in 1986 and is based in Hazelwood, Missouri. As of May 23, 2019, Arcobasso Foods, Inc. operates as a subsidiary of Golding Farms Foods, Inc.
Arkansas Glass Container Corporation manufactures and supplies glass containers for packaging candles, and jams and jellies. The company was founded in 1956 and is based in Jonesboro, Arkansas.

Boozer Beam

Debt Financing in 2014
Boozer Beam is an Engineered Wood Products Production company that makes glued laminated timber beams. Boozer Laminated Beam Company as a lumber brokerage firm near the start of World War II and was established by Elbert and Hinton Boozer.

Arcobasso Foods

Debt Financing in 2014
Arcobasso Foods, Inc. manufactures and develops custom sauces, dressings, beverages, and marinades. It also offers a variety of bottling and packaging options for custom sauces, dressings, and marinades. The company serves multi-unit restaurant chains, retailers, convenience stores, grocery store chains, and food distributors. Arcobasso Foods, Inc. was incorporated in 1986 and is based in Hazelwood, Missouri. As of May 23, 2019, Arcobasso Foods, Inc. operates as a subsidiary of Golding Farms Foods, Inc.

Arcobasso Foods

Debt Financing in 2013
Arcobasso Foods, Inc. manufactures and develops custom sauces, dressings, beverages, and marinades. It also offers a variety of bottling and packaging options for custom sauces, dressings, and marinades. The company serves multi-unit restaurant chains, retailers, convenience stores, grocery store chains, and food distributors. Arcobasso Foods, Inc. was incorporated in 1986 and is based in Hazelwood, Missouri. As of May 23, 2019, Arcobasso Foods, Inc. operates as a subsidiary of Golding Farms Foods, Inc.

Brew Dr. Kombucha

Debt Financing in 2013
Brew Dr. Kombucha is produced entirely in-house, leaf to bottle. After They brew their recipes of organic tea and dried herbs, roots and fruits, it takes about two weeks to complete the probiotic fermentation process. Their attention to quality at the beginning of the process means they don’t need to add any flavors or juices at the end. Their flavors stand on their own, balancing the right levels of sweet and sour that make well-made, traditional kombucha so interesting. They are proud of their commitment to using only whole, organic ingredients with no added nonsense.

The Soda Fountain

Debt Financing in 2008
The Soda Fountain sells and provides sweet treats and desserts. It offers various kinds of snacks, from shakes, sandwiches, ice cream, and soft drinks. The Soda Fountain is based in Missouri, USA.

Niagara Dispensing Technologies

Venture Round in 2008
Niagara Dispensing Technologies develops and manufactures dispense systems for draft beer drinks. It provides high-speed and precision control technologies to pour quality draft beer. Niagara Dispensing Technologies was founded in 2006 and is based in New York, USA.

The Soda Fountain

Debt Financing in 2006
The Soda Fountain sells and provides sweet treats and desserts. It offers various kinds of snacks, from shakes, sandwiches, ice cream, and soft drinks. The Soda Fountain is based in Missouri, USA.

BIOTA Spring Water

Debt Financing in 2003
BIOTA Spring Water is the first bottled water company that manufactures bottled mineral water. BIOTA Spring Water is headquartered in Colorado, USA.