LAGO Asset Management

LAGO has made a $10mm investment in Fortem Technologies, a leader in airspace awareness, security, and defense for detecting and defeating dangerous drones. “There’s much significance to the advanced capabilities of Fortem Tech for the aerospace industry, especially in such a challenging geopolitical landscape, and we’re pleased to provide this round of funding to help further their immediate business and production goals.”   The company utilizes a proprietary technology platform with an advanced, end-to-end system of distributed radar, AI at the Edge, deep sensor integration and autonomous drone capture, monitoring and defending venues, infrastructures, cities and regions around the globe.    #fortemtech #lagoinnovationfund #airspacesecurity #dronedefense

LAGO is pleased to announce our $10 million investment in G.O.A.T. Foods, a family-owned business that’s redefining the snack, confectionery and baked goods markets with their elevated direct-to-consumer model. From Licorice.com, Pretzels.com, Caramels.com, Chocolate.com and Taffy.com, customers will enjoy high quality products for any occasion or craving with more product categories coming soon.   We're impressed with G.O.A.T’s growth in just three years and also big fans and customers of their products – a real game-changer in this market of “$48.8 billion in confectionary sales, including chocolate, non-chocolate candy and gum” according to the National Confectioners Association’s State of Treating 2024 report. https://lnkd.in/g6PaWMTJ   #snacksandconfectionery #GOATfoods #lagoinnovationfund 

LAGO is pleased to announce it has facilitated an $8 million investment in ExoTerra Resource, a rising leader in the Space Tech industry with their development and production of microsatellite solar electric propulsion systems specializing in Hall thrusters, power distribution, propellant distribution, solar arrays and space mechanisms.  ExoTerra is rapidly expanding with the opening of a second facility adding 36,000 square feet of production space near their headquarters in Littleton, CO -- allowing the company to continue meeting the growing demand for microsatellite propulsion modules.    https://lnkd.in/gpuJw5-t   #exoterraresource #spacetech #microsatellites #highgrowthcompanies #lagoinnovationfund  

LAGO is pleased to announce that Brian Lewis has joined as Managing Director. He will be based in San Francisco covering Northern California and the broader West Coast region, where he will oversee new deal development and structuring in the technology sector.    Brian brings a wealth of experience in commercial banking and venture debt, with previous positions at Bridge Bank, City National Bank and TriplePoint Capital. Throughout his career, he has worked closely with both entrepreneurs and investors from various industries to help them achieve their strategic goals, and has a deep understanding of the unique needs of high-growth technology companies.    We welcome him to the team and encourage you to reach out and get in touch!    #lagoinnovationfund #growthcapital #venturecapital #technologysector

We’re so pleased to announce several key updates to our leadership team as LAGO continues to grow. Scott Moen has been made a Partner. As the company’s first employee, he joined as a Principal and was later promoted to Managing Director. He’s been instrumental in building out LAGO’s platform ranging from new deal processing and execution, credit policies and portfolio management, and will now add new investment opportunity sourcing and team development to his responsibilities.   Andrew Cosentino, who joined the company early last year, has been made a Principal. He will continue to oversee new deal execution while adding portfolio management responsibilities as well as training a team of analysts and associates.   Ryan Besch has been promoted to Vice President. Joining the company in early 2022 as an Associate, he has made an important impact on the LAGO team with his background in both credit and equity investments.   Congratulations to Scott, Andrew and Ryan!    #lagoinnovationfund #highgrowthcompanies #lowermiddlemarket

We're excited to announce that we've facilitated a $15 million investment in Sparkfund, an emerging leader in energy transition management. Sparkfund partners with utilities and building owners to help them reduce operating costs and create more resilient, healthier buildings. We're impressed with what this team has already accomplished, completing more than 3,000 clean energy projects in 48 states and pleased to support their work in creating a more sustainable shared planet. https://lnkd.in/gVWEe6bK #lagoinnovationfund #sparkfund #climatetech #energytransition #sustainability 

LAGO is in the business of empowering high growth companies across major industries, and we're proud to support so many talented entrepreneurs in their growth and success. We recently announced a few deals in the CPG, consumer and lifestyle sectors and are excited for more to come. If you're a founder and entrepreneur in this space and seeking tailored financial solutions to advance your business, we encourage you to reach out to our team. #highgrowthcompanies #consumerandlifestyle #cpg #lagoinnovationfund #entrepreneurs 

LAGO is excited to announce that it has facilitated a round of growth capital for Cure Hydration, an emerging leader in the functional hydration category with its science-backed electrolyte drink formulas using clean, natural, non-GMO ingredients and sustainably sourced materials. Since its launch in 2019, this female-founded company has grown 2,489% and its products are carried in over 13,000 retail locations nationwide, as well as recently launching Cure Kids, a children’s line of pediatrician-formulated drink mixes.   Cure Hydration’s mission-driven approach and social impact is what resonates most for us and we're pleased to support such a dynamic company in the Health + Wellness industry. We also congratulate the founder, Lauren Picasso for being included in the Inc. 250 List this year. We can't wait to see what comes next for this incredible team!   https://lnkd.in/gdd2iwsC   #lagoinnovationfund #femalefounders #highgrowthcompanies #healthandwellness

LAGO is pleased to announce that our team is growing with its newest member Christopher R., Managing Director, who will lead some of our technology portfolio investments with a focus on new business development in the Northeast. He will be based in CT.    Chris brings more than 15 years of commercial lending experience on both the east and west coasts, supporting founders and investors since 2013. Most recently, he led the Innovation Banking Group at Cambridge Trust, expanding the team and growth of the portfolio in the technology industry. His previous roles at PNC's Technology Finance Group and Silicon Valley Bank managing SaaS clients in North America and working with companies of all stages from Series A to large public companies across key tech sectors, will certainly prove invaluable at LAGO.    We welcome Chris to the LAGO Innovation Fund team. Please don't hesitate to reach out and say hello! #lagoinnovationfund #privatecredit #highgrowth 

Our latest deal announcement takes us into the fast-growing fashion shapewear category. We're excited to share that we've provided growth capital for e-commerce startup TA3, the innovative mega-sculpting swimwear and apparel brand with incredible growth, reaching $60M in sales since it launched in 2020. With an impressive brand following and loyalty, as well as its patent pending design, the company has created a hyper-inclusive fashion line available in more than 100 sizes.   "We're so pleased to provide TA3 with a round of capital to help this dynamic young company reach their business goals, and especially proud to support a woman-owned business making its mark in such a competitive industry," shares Heather La Freniere Co-Founder and Managing Partner of LAGO.   https://lnkd.in/gxUqSuWp   #TA3 #shapewearswimwear #bodypositivity #lagoinnovationfund #privatecredit