# North Atlantic Capital

Investor in Portland, Maine

## About North Atlantic Capital

North Atlantic Capital’s structured debt is unique in the marketplace. A niche between equity and venture debt, our structure provides more patient capital than traditional venture debt and is less costly than equity.

Company Profile

\-Industry/Focus: Market-leading, rapidly-growing, technology-based companies

\-Stage: Venture-capital-backed businesses with revenue above $10 million

\-Financial Factors: Rapid revenue growth High gross margins Recurring revenue Capital efficient Last capital before cash flow break-even

\-Typical Applications: Growth capital Shareholder liquidity Acquisition financing

Investment Profile

\-Deal Size: $5 million – $10 million

\-Deal Structure: Structured debt/subordinated debt with warrants 6-year term No principal amortization No financial covenants Fixed monthly interest rate Nominally priced warrants in the most recent preferred round

## People

- **David Coit**, Managing Director

## Key Facts

- **Location:** Portland, Maine
- **Investor Type:** Venture Capital
- **Investment Range:** $5,000,000 – $10,000,000
- **Investments Made:** 34

## Investment Industries

- All Industries
- Technology/Web/App

## How to Contact

Direct messaging, this investor's website, and their LinkedIn profile are available with a paid Ask For Funding plan.

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## More on Ask For Funding

- Full profile: https://askforfunding.com/investor/north-atlantic-capital-2
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