LIT

📍 Miami, United States🗓 Founded 2011👥 26 employees💰 Last funded Jun 2023
LIT delivers financial resources to help technology service providers confidently enter into flexible consumption contracts with their customers for hybrid cloud solutions. Their services eliminate most of the key barriers related to as-a-service offerings, resolving issues such as high upfront costs, late profit, and cash flow break-even points, as well as flexible termination and payment terms. With unrivaled financial models that are uniquely built for technology investments, LIT addresses the shift from inflexible Capex technology investments and leases to flexible, as-a-service pay-as-you-grow consumption, lifting the financial burden and risk of cloud delivery for systems integrators, service providers and technology manufacturer partners. LIT was created in 2011 by a group of professionals in the structured finance field. The rapidly increasing adoption of cloud, the demand for “IT as a service” bundled solutions, and the forthcoming changes in IFRS global leasing accounting standards has allowed LIT to evolve as an agile and flexible partner of IT systems integrators (service providers, channel partners, distributors and resellers) around the world.
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Total investors
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2011
Founded

Investors

1 investors
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Investor geography1 country
United States
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Frequently asked questions
Who invested in LIT?
LIT has 1 investors on record on gritt.io.
When did LIT last raise funding?
The most recent investment in LIT recorded on gritt.io was in June 2023.
When was LIT founded?
LIT was founded in 2011.
What industry is LIT in?
LIT operates in IT Services and IT Consulting. Find similar IT Services and IT Consulting investors on gritt.io.
Where is LIT based?
LIT is headquartered in Miami, United States.