Private Investment Platform Los Angeles

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AltSpot Capital is an investment platform deploying structured growth capital into revenue-producing companies and co-investing alongside world-class institutional partners.

Los Angeles, CA
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01 · Our Foundation

Built on Relationships
Driven by Conviction

Drawing on our experience in partner and executive roles across private equity, alongside a senior advisory bench, we founded AltSpot to give individual investors access to the kind of private investments typically reserved for institutions.

We invest through structured growth capital — senior secured instruments with warrant upside — into revenue-producing, scaling businesses, engineered to capture venture-scale upside through warrant coverage while preserving downside protection through current income and senior credit terms.

In parallel, we offer qualified investors curated co-investment access alongside established venture, private equity, and infrastructure sponsors — sourced through deep institutional relationships.

AltSpot exists to back the operators and businesses shaping the infrastructure of tomorrow — and the industries that sustain and improve human life. For our operators, our employees, and our investors, we believe:

“Rising tides raise all ships.” — Ryan Billings & Tyler Lucas, Managing Partners

Two strategies
One standard of conviction

We invest our own capital alongside every offering on the AltSpot platform — alignment is fundamental to how we operate.

01 / Structured Growth Capital

Structured Growth Capital

Our proprietary instrument: senior secured capital with warrant upside into revenue-producing SaaS, AI, and internet-native businesses. 8–12% current cash yield over a 3–5 year horizon, plus 50–75% warrant coverage — equity-like upside with credit-like downside protection. QSBS-eligible on exercised stock, subject to holding period.

Allocations$1M – $5M
02 / Co-Investments

Co-Investments

Direct access to select opportunities alongside top-tier venture firms, private equity sponsors, and institutional allocators. Seed through growth stage, sourced through proprietary relationships and underwritten on the same institutional standard.

StageSeed → Growth

Where our conviction lives

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Conviction concentrates where tailwinds meet execution

We invest in revenue-producing companies that matter — enterprise software, applied AI, digital infrastructure, and the underserved verticals that quietly keep things running. The best returns come from businesses that have to exist.

  • 01
    Revenue-producing

    Not ideas. Not pre-product. We underwrite companies with customers, cashflow, and a thesis already validated by the market.

  • 02
    Recurring or contracted economics

    Subscriptions, multi-year contracts, offtake structures. Predictable top-line is the foundation of every deal we do.

  • 03
    Technology with operating leverage

    AI-native software, enterprise platforms, and tech-enabled businesses where the product drives real margin expansion — not hype, not thesis-first speculation.

  • 04
    Durable demand

    Markets that don't evaporate: healthcare, infrastructure, enterprise workflows, essential services. Demand stability is the bedrock of structured credit.

Current Portfolio Outcomes

Early results across our Structured Growth Capital strategy — underwritten for downside protection, engineered for equity-like upside.

Structured Growth Capital
Senior Secured · Warrant-covered
1.8×
Realized Outcome · 9-Mo Hold
1
Realized Exit
~8.5×
Gross MOIC (Mark-to-Market)

Select positions have begun to validate underwriting through realized liquidity and institutional follow-on participation. B&B HVAC delivered a 1.8× MOIC over a 9-month hold, exceeding initial return expectations.

Institutional discipline.
Operator conviction

AltSpot was founded by partners with principal experience across private equity, venture, and operating leadership. We bring institutional-grade underwriting, structuring, and diligence to a platform built for individual investors — backed by a senior advisory bench with deep sector and capital-markets relationships.

Ryan Billings
Ryan Billings
Co-Founder & Managing Partner
Tyler Lucas
Tyler Lucas
Co-Founder & Managing Partner
Drew Carrick
Drew Carrick
Director, Strategic Partnerships
Danielle Abboud
Danielle Abboud
Associate, Investor Relations
Benjamin Wiles
Benjamin Wiles
Legal Counsel · Greenberg Glusker
Robert Bianchi
Robert Bianchi
Tax Strategies · CPA
Daniel Ice
Daniel Ice
Technology Advisor
Partners & Affiliates

Relationships that outlast any cycle

California Lutheran University California CPA Group FB
Join the Platform

Invest with conviction

AltSpot partners with accredited investors, RIAs, and family offices seeking disciplined access to private markets. For those who value alignment, transparency, and institutional-grade underwriting, we welcome a conversation.

Rising tides raise all ships.