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Advantage Capital

Founders David Bergmann Martin Bodenham Steven T. Stull

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 1100
Average round size
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The average size of a deal this fund participated in
$1M
Portfolio companies 591
Rounds per year 34.38
Lead investments 64
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.46
Exits 109
Key employees 9
Stages of investment
Early Stage Venture
Late Stage Venture
Seed

Areas of investment

  • Manufacturing
  • Health Care
  • Software
  • Food and Beverage
  • Information Technology
Summary

Advantage Capital is the famous VC, which was founded in 1992. The fund was located in North America if to be more exact in United States. The leading representative office of defined VC is situated in the New Orleans.

The fund was created by David Bergmann, Martin Bodenham, Steven T. Stull. Besides them, we counted 18 critical employees of this fund in our database.

The usual cause for the fund is to invest in rounds with 2-3 partakers. Despite the Advantage Capital, startups are often financed by Prolog Ventures, Rand Capital, Connecticut Innovations. The meaningful sponsors for the fund in investment in the same round are Enhanced Capital Partners, Rand Capital, Connecticut Innovations. In the next rounds fund is usually obtained by Prolog Ventures, Connecticut Innovations, Enhanced Capital Partners.

The top activity for fund was in 2016. Despite it in 2019 the fund had an activity. The common things for fund are deals in the range of 5 - 10 millions dollars. Comparing to the other companies, this Advantage Capital performs on 4 percentage points less the average number of lead investments. The fund is constantly included in 2-6 investment rounds annually. Considering the real fund results, this VC is 19 percentage points more often commits exit comparing to other organizations. The top amount of exits for fund were in 2016. The average startup value when the investment from Advantage Capital is 100-500 millions dollars.

Besides, a startup needs to be aged 6-10 years to get the investment from the fund. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. The fund has exact preference in a number of founders of portfolio startups. If startup sums 4 or 5+ of the founder, the chance for it to be financed is low. Among the most popular portfolio startups of the fund, we may highlight GridPoint, Veran Medical Technologies, Cleveland HeartLab. Among the most successful fund investment fields, there are Internet, Medical.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Advantage Capital:
Typical Co-investors
Advantage Capital is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Advantage Capital:

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
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Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Cloverleaf.me

Data Visualization
Human Resources
Information Technology
$7M27 Mar 2024 Cincinnati, Ohio, United States

Farmstead Manufacturing

Food and Beverage
Food Processing
Wholesale
$1M19 Dec 2023 -

Prism.fm

Music
Software
$5M15 Dec 2023 Austin, Texas, United States

Medefy

Employee Benefits
Health Care
Software
$10M11 Dec 2023 Tulsa, Oklahoma, United States

FlyGuys

Advertising
Drone Management
Drones
Marketing
$10M25 Oct 2023 Lafayette, Louisiana, United States

Goodwrx

Hospitality
$4M11 Oct 2023 Las Vegas, Nevada, United States

Vibrant Corporation

Aerospace
Developer APIs
Developer Tools
$3M18 Jul 2023 Albuquerque, New Mexico, United States

Exum Instruments

Software
$6M23 May 2023 Denver, Colorado, United States

Torigen Pharmaceuticals

Biotechnology
Health Care
Veterinary
$13M16 Nov 2022 Farmington, Connecticut, United States
News
FlyGuys Raises $2M in Series A Funding

– FlyGuys, a Lafayette-based drone services provider, raised $2m in Series A funding.
– The round was led by Advantage Capital, a venture capital firm and small business lender.
– The company intends to use the funds to ramp up sales and marketing, purchase new equipment and drones, and triple its staff in Lafayette over the coming years.

MedRhythms Closes $25M Series B Funding Led by Morningside Ventures and Advantage Capital to Advance Digital Therapeutics Platform

– MedRhythms announced the closing of a $25m Series B financing round co-led by Morningside Ventures and Advantage Capital, with participation from existing investor Werth Family Investment Associates.
– The proceeds from the Series B financing will enable MedRhythms to expand its team and key corporate functions as the company commercializes its flagship product for chronic stroke survivors with walking deficits and advances its digital therapeutics pipeline.

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Total investments 1100
Average round size 1M
Rounds per year 34.38
Peak activity year 2015
Lead investments 64
Follow on index 0.46
Exits 109
Group Appearance index 0.12

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Cloverleaf.me

Data Visualization
Human Resources
Information Technology
$7M27 Mar 2024 Cincinnati, Ohio, United States

Farmstead Manufacturing

Food and Beverage
Food Processing
Wholesale
$1M19 Dec 2023 -

Prism.fm

Music
Software
$5M15 Dec 2023 Austin, Texas, United States

Medefy

Employee Benefits
Health Care
Software
$10M11 Dec 2023 Tulsa, Oklahoma, United States

FlyGuys

Advertising
Drone Management
Drones
Marketing
$10M25 Oct 2023 Lafayette, Louisiana, United States

Goodwrx

Hospitality
$4M11 Oct 2023 Las Vegas, Nevada, United States

Vibrant Corporation

Aerospace
Developer APIs
Developer Tools
$3M18 Jul 2023 Albuquerque, New Mexico, United States

Exum Instruments

Software
$6M23 May 2023 Denver, Colorado, United States

Torigen Pharmaceuticals

Biotechnology
Health Care
Veterinary
$13M16 Nov 2022 Farmington, Connecticut, United States
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