Advantage Capital

Advantage Capital, established in 1992, is a venture capital firm specializing in growth equity, lending, and mezzanine debt capital investments. It focuses on small businesses, particularly those in low-income communities and underserved areas, supporting state and local economic development efforts. The firm invests across various industries, including manufacturing, technology, business services, and renewable energy, with a typical initial investment range of $0.5 million to $10 million. Advantage Capital provides debt capital in forms such as senior debt, subordinated loans, and government-guaranteed lending, as well as equity capital to real estate development firms. It operates from multiple offices across the United States, with a headquarters in New Orleans, Louisiana.

Al Alvarez

Director

Brian Anderson

Managing Director

Michael Benson

Senior Vice President

Anthony Billings

Senior Vice President and Investment Team Member

Adam Constantinides

Senior Vice President

Anaëlle Croteau

Vice President

Keith Freeman

Managing Director

Trey Garland

Senior Associate and Investment Team Member

Trey Garland

Senior Associate

Joseph Henderson

Senior Vice President

Joseph Henderson

Senior Vice President, Investment Team

Leah Hendricks

Senior Vice President, Investments Team

Reid Hutchins

Managing Director

Peter Lu

Senior Associate

David McNaught

Vice President

Arjun Mohan

Vice President

Sandra M. Moore

Managing Director, Chief Impact Officer

Jim O'Rourke

Managing Director

Justin N. Obletz

CFO and Managing Director

Tim Perusek

Principal and Investment Group Member

Josh Rogers

Principal

Gabe Rosen

Vice President

Sam Schlichting

Senior Associate, Investment Team

Talmadge Singer II

Managing Director

Matthew Switzer

Vice President

Tony Toups

Principal

Alexandra Twyman

Vice President and Investment Team Member

Benjamin Warning

Senior Vice President

J.P. Lynch

Vice President, Investments

Jeffrey Gentsch

Venture Partner

Past deals in Nevada

Talage

Venture Round in 2022
Talage, Inc. is a technology company based in Reno, Nevada, established in 2015. It operates an online software platform that facilitates the distribution of property and casualty insurance. The platform allows small businesses to compare and purchase commercial insurance policies efficiently. By providing an application programming interface, Talage enables users to obtain instant, bindable quotes across multiple product lines. This innovation benefits insurance carriers, agencies, and small business owners by streamlining the insurance purchasing process and enhancing the overall efficiency of the insurance ecosystem.

Nevada Nano

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.

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

Debt Financing in 2020
All-In Recruiting & Talent Boutique LLC is a staffing and recruitment agency based in Las Vegas, Nevada, established in 2015. The company specializes in direct placement, executive search, and talent acquisition for mid-to-senior-level positions, primarily within the technology industry. Offering a range of services, All-In Recruiting provides recruitment subscription options, pay-per-position services, social recruiting, and contingency-based executive search. Additionally, the firm offers boutique recruitment solutions, resume services, career consultations, professional branding, and job listings. The company's mission involves partnering with prominent businesses to help them achieve their hiring goals while promoting diversity within the workforce. By delivering affordable and innovative recruitment solutions, All-In Recruiting aims to disrupt traditional hiring practices in the tech sector.

Precision Opinion

Debt Financing in 2020
Precision Opinion, Inc. is a market research firm based in Las Vegas, Nevada, established in 2007. The company specializes in providing a wide range of market research services to corporations, government agencies, political consultants, and social science organizations. Its offerings include data collection through various methods such as telephone, internet, cell phones, and interactive voice response (IVR), alongside focus group facilities. Precision Opinion also conducts real-time behavioral response testing for new television pilots and films, as well as testing movie trailers and commercials online. The firm is noted for its virtual call center program, which is particularly valuable for prime contracts that prohibit data collection outsourcing. Through its comprehensive data collection and analysis services, Precision Opinion enables clients to gain insights into consumer behavior and informs critical business decisions.

Nevada Nano

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 founded in 1995 and headquartered in Las Vegas, Nevada. The company specializes in providing helicopter tour services, including excursions to the Grand Canyon and various locations in Hawaii. In addition to scenic tours, Maverick Helicopters offers helicopter rides for weddings and VIP charters, catering to a diverse clientele seeking unique aerial experiences. By prioritizing affordability, the company aims to make helicopter tours accessible to a wide range of customers, allowing them to enjoy breathtaking views and adventurous rides.

Cultiva

Venture Round in 2020
Cultiva LLC, based in Las Vegas, Nevada, specializes in food-grade biofilm technology with significant applications in agriculture. The company has developed a proprietary product known as SureSeal™, which is designed to enhance the natural cuticle of plants. One of its key offerings, Parka™, utilizes this technology and is commercially applied to various high-value crops. Parka™ aims to improve fruit quality and appearance, reduce the incidence of rain cracking, increase marketable yields, and extend the shelf life of produce. Through its innovative solutions, Cultiva addresses critical challenges in crop management and post-harvest handling.

Nevada Nano

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.

Cross-Check Aviation

Venture Round in 2019
Cross-Check Aviation is a specialized maintenance, repair, and overhaul facility for commercial aircraft, located in Reno, Nevada. Established in 1999, the company focuses on the repair and overhaul of FAA and EASA-certified instruments, accessories, and radio systems. With expertise in aviation safety standards, Cross-Check Aviation serves a critical role in ensuring the reliability and compliance of aircraft equipment within the aviation industry.

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.

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.

Nevada Nano

Series B 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.

Nevada Nano

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 established in 2011 and headquartered in Las Vegas, Nevada. The company provides an innovative solution that streamlines the consumer market by leveraging supply chain efficiencies. Its primary focus is on enabling collective purchasing, which simplifies access to products for consumers while potentially lowering costs. OrderWithMe's approach seeks to enhance the buying experience by connecting customers directly with suppliers, thus promoting convenience and value in the marketplace. Through this model, OrderWithMe aims to foster a more cohesive and economical shopping experience for its users.

Cultiva

Convertible Note in 2017
Cultiva LLC, based in Las Vegas, Nevada, specializes in food-grade biofilm technology with significant applications in agriculture. The company has developed a proprietary product known as SureSeal™, which is designed to enhance the natural cuticle of plants. One of its key offerings, Parka™, utilizes this technology and is commercially applied to various high-value crops. Parka™ aims to improve fruit quality and appearance, reduce the incidence of rain cracking, increase marketable yields, and extend the shelf life of produce. Through its innovative solutions, Cultiva addresses critical challenges in crop management and post-harvest handling.

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 tortillas. Established in 1979, the company offers a variety of retail products, including corn, flour, and fried tortillas, distributed through grocery stores in the Las Vegas valley. Additionally, Tortillas Inc. provides an array of food service products such as white corn, yellow and colored corn, flavored wraps, and pre-cut chips to restaurants and businesses across Nevada, Utah, and Arizona. Formerly known as Los Arcos Tortillas, the company has built a reputation for quality in the tortilla manufacturing sector.

PLI Card Marketing Solutions

Debt Financing in 2016
PLI Card Marketing Solutions specializes in providing comprehensive gift and loyalty card marketing solutions, catering primarily to the retail, hospitality, and entertainment sectors. With a robust manufacturing footprint spanning four production facilities and warehouses in Asheville, NC, North Las Vegas, NV, Romeoville, IL, and St. Louis, MO, the company leverages over 450,000 square feet of manufacturing space to deliver high-quality card production and personalization services. PLI also offers fulfillment, direct mail, and various print services, ensuring clients can outsource their card manufacturing needs efficiently and cost-effectively. The company supports its global customer base through distribution centers located in Canada and the Netherlands, employing over 1,000 individuals dedicated to driving success in the commercial card market.

Nevada Nano

Convertible Note in 2015
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.

Cultiva

Series A in 2015
Cultiva LLC, based in Las Vegas, Nevada, specializes in food-grade biofilm technology with significant applications in agriculture. The company has developed a proprietary product known as SureSeal™, which is designed to enhance the natural cuticle of plants. One of its key offerings, Parka™, utilizes this technology and is commercially applied to various high-value crops. Parka™ aims to improve fruit quality and appearance, reduce the incidence of rain cracking, increase marketable yields, and extend the shelf life of produce. Through its innovative solutions, Cultiva addresses critical challenges in crop management and post-harvest handling.

Cultiva

Debt Financing in 2015
Cultiva LLC, based in Las Vegas, Nevada, specializes in food-grade biofilm technology with significant applications in agriculture. The company has developed a proprietary product known as SureSeal™, which is designed to enhance the natural cuticle of plants. One of its key offerings, Parka™, utilizes this technology and is commercially applied to various high-value crops. Parka™ aims to improve fruit quality and appearance, reduce the incidence of rain cracking, increase marketable yields, and extend the shelf life of produce. Through its innovative solutions, Cultiva addresses critical challenges in crop management and post-harvest handling.

PLI Card Marketing Solutions

Debt Financing in 2015
PLI Card Marketing Solutions specializes in providing comprehensive gift and loyalty card marketing solutions, catering primarily to the retail, hospitality, and entertainment sectors. With a robust manufacturing footprint spanning four production facilities and warehouses in Asheville, NC, North Las Vegas, NV, Romeoville, IL, and St. Louis, MO, the company leverages over 450,000 square feet of manufacturing space to deliver high-quality card production and personalization services. PLI also offers fulfillment, direct mail, and various print services, ensuring clients can outsource their card manufacturing needs efficiently and cost-effectively. The company supports its global customer base through distribution centers located in Canada and the Netherlands, employing over 1,000 individuals dedicated to driving success in the commercial card market.

Superior Linen

Debt Financing in 2014
Superior Linen, LLC is a commercial laundry and linen rental company based in North Las Vegas, Nevada, specializing in serving hotels, restaurants, and nightclubs. Founded in 2009, the company provides a range of services including uniform laundry, hotel linen rental, terry, household items laundry, and leather and suede cleaning. Additionally, Superior Linen offers LinenMaster, a web-based management program that enables clients to monitor their linen service invoices and shipping manifests in real-time. Despite facing financial challenges, including a bankruptcy reorganization in 2016, Superior Linen continues to operate in the competitive linen leasing and laundry service market.

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 tortillas. Established in 1979, the company offers a variety of retail products, including corn, flour, and fried tortillas, distributed through grocery stores in the Las Vegas valley. Additionally, Tortillas Inc. provides an array of food service products such as white corn, yellow and colored corn, flavored wraps, and pre-cut chips to restaurants and businesses across Nevada, Utah, and Arizona. Formerly known as Los Arcos Tortillas, the company has built a reputation for quality in the tortilla manufacturing sector.

OrderWithMe

Series B in 2014
OrderWithMe is an online group buying platform established in 2011 and headquartered in Las Vegas, Nevada. The company provides an innovative solution that streamlines the consumer market by leveraging supply chain efficiencies. Its primary focus is on enabling collective purchasing, which simplifies access to products for consumers while potentially lowering costs. OrderWithMe's approach seeks to enhance the buying experience by connecting customers directly with suppliers, thus promoting convenience and value in the marketplace. Through this model, OrderWithMe aims to foster a more cohesive and economical shopping experience for its users.

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 established in 2011 and headquartered in Las Vegas, Nevada. The company provides an innovative solution that streamlines the consumer market by leveraging supply chain efficiencies. Its primary focus is on enabling collective purchasing, which simplifies access to products for consumers while potentially lowering costs. OrderWithMe's approach seeks to enhance the buying experience by connecting customers directly with suppliers, thus promoting convenience and value in the marketplace. Through this model, OrderWithMe aims to foster a more cohesive and economical shopping experience for its users.

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.
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