John Lilly

Overview

Lateral Capital is a venture capital firm based in Sarasota, Florida, focusing on early-stage investments in a diverse range of sectors, including technology, healthcare, industrial products, and specialty B2B software. The firm seeks to partner with entrepreneurs who have completed products or services with compelling benefits and proprietary technology, aiming for cash flow breakeven while positioning for acquisition within 5-7 years. Lateral Capital emphasizes investments that contribute to the greater good, supporting businesses that can profitably address societal challenges. Founded in 2003 by John Lilly, a former Procter & Gamble executive and CEO of The Pillsbury Company, Lateral Capital has invested in over 100 early-stage companies across 23 states. The firm operates as a Limited Partnership, supported by a group of accredited investors, including CEOs, CFOs, investment bankers, and other investors targeting consistent financial returns. Lateral Capital's investment strategy involves collaborating with angel groups across the U.S., such as Band of Angels, Seraph Group, and Golden Seeds, to identify and support promising startups. Lateral Capital's portfolio includes a wide array of technologies and industries, reflecting its commitment to diverse and impactful investments. The firm's approach combines financial acumen with a focus on social impact, aiming to foster businesses that not only achieve financial success but also contribute positively to society. This dual focus on profitability and societal benefit defines Lateral Capital's unique position in the venture capital landscape.

Investment Focus

• Completed product or service with compelling benefits
• Proprietary technology with issued or filed patents
• Logical strategic buyers within 5-7 years
• Business models leading to cash flow breakeven
• Contribution to the greater good