logo
logo

Skylight has secured a $50 million loan from SG Credit Partners and Wingspire Capital to support its innovative technology for families. This financing aims to bolster Skylight's growth while navigating economic challenges.

Apr 03, 20253 months ago

Amount Raised

$50 Million

West Hollywood

Investors

Wingspire CapitalSg Credit Partners

Description

Skylight, the company building the operating system for families, has secured a $50 million loan through an expanded partnership with SG Credit Partners and new partner Wingspire Capital. As a bootstrapped company, Skylight has achieved 99% year-over-year revenue growth. The financing will further support the company's mission to meet the surging demand for its technology. This investment is seen as a vote of confidence to unlock Skylight's expansion plans.

Company Information

Company

Skylight

Location

West Hollywood, California, United States

About

Skylight is a touch-screen photo frame you can update instantly by email from anywhere.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Related People