LOS ANGELES, California, April 3, 2025 – 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 that has achieved 99% year-over-year revenue growth, the financing will further support Skylight’s mission to meet the surging demand for its innovative technology for families.
“This expanded financing represents more than just increased capital – it’s building the foundation for a generational brand, which begins with resilient fundamentals and ample liquidity,” said Chia Chung, Chief Operating Officer and Chief Financial Officer at Skylight. “The vote of confidence from SG Credit Partners and Wingspire Capital unlocks our expansion plans for the next few years.”
The increased facility will fund inventory purchases, enabling Skylight to scale with consumer demand while continuing to invent new products that address families’ deepest challenges – from staying connected to reducing the mental burden of household management.
SG Credit Partners, which previously provided a $20 million facility to Skylight, has increased its commitment to $50 million and brought in Wingspire Capital as a strategic financing partner to support the company’s trajectory. Both lenders have a track record of backing innovative consumer brands and market leaders across several industries.
“SG is thrilled to partner with Wingspire to provide this expanded credit facility for Skylight,” said Dan McCallum, Managing Director at SG Credit Partners. “This collaboration further strengthens our dedication to supporting Skylight’s exceptional innovation, and we are eager to continue to propel their success.”
“Wingspire Capital is proud to join the SG and Skylight partnership and provide additional liquidity as Skylight continues to execute its strategic growth plans,” said Will Bence, Managing Director at Wingspire Capital.
