Intuit Developer is excited to announce the creation of the Lighter Capital Intuit Developer Fund, a $15-million-dollar fund for companies that innovate for small businesses by building apps on the QuickBooks platform.
Intuit Developer supports developers at every stage, from concept to company — and funding is one of the milestones in that important journey. We are excited to partner with Lighter Capital to fuel developer success and accelerate growth.
“We’re thrilled Lighter Capital is committed to providing our developer community access to capital that can help them scale their apps and better serve the millions of customers that use QuickBooks Online with apps to help them streamline their workflow,” said Alex Barnett, Director of Intuit Developer.
Lighter Capital specializes in revenue-based funding, which enables non-dilutive growth capital in a fraction of the time it takes to raise from traditional sources. Entrepreneurs can receive from $50,000 up to $2 million in capital in as quickly as 4-6 weeks, without giving up equity or control of their company.
To qualify for funding, applicants must have $15,000 in monthly recurring revenue, and be based or have a subsidiary operating in the United States.
“We started this fund because we see strong growth potential for Intuit’s developer partners, especially those building on the QuickBooks platform. We want to help accelerate that growth by providing these companies the funding they need to get to the next level,” said BJ Lackland, CEO of Lighter Capital.
App developers and entrepreneurs can learn more and apply for the Lighter Capital Developer Fund here.