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LiteSheet

litesheet.com

Founded Year

2012

Stage

Debt - IV | Alive

Total Raised

$7.46M

Last Raised

$200K | 8 mos ago

Revenue

$0000 

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About LiteSheet

LiteSheet offers an LED lighting engine. LiteSheet product lines include Edgelit LED lamps, retail and commercial lighting products, products for public and private infrastructure, and custom solutions for special artistic projects. The company was founded in 2012 and is based in Forest, Virginia.

Headquarters Location

1191 Venture Drive Suite A

Forest, Virginia, 24551,

United States

860-213-8311

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LiteSheet Patents

LiteSheet has filed 1 patent.

The 3 most popular patent topics include:

  • Electric power conversion
  • Electrical engineering
  • Electronic circuits
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/26/2019

11/3/2020

Electrical engineering, Lighting, Electric power conversion, Electronic circuits, Electronic engineering

Grant

Application Date

4/26/2019

Grant Date

11/3/2020

Title

Related Topics

Electrical engineering, Lighting, Electric power conversion, Electronic circuits, Electronic engineering

Status

Grant

Latest LiteSheet News

Hilco Streambank Seeks Offers to Acquire LED Lighting

Jan 26, 2023

News provided by Share this article Indications of Interest due February 23, 2023 NEW YORK, Jan. 26, 2023 /PRNewswire/ -- Hilco Streambank ( www.HilcoStreambank.com ), a leading intellectual property advisory firm specializing in the valuation and sale of intangible assets, announced the sale of the intellectual property and related assets of LiteSheet Solutions, creator of patented energy saving, low-maintenance, ETL-certified LED lighting products manufactured in the United States. The assets available for sale include an internationally registered patent portfolio, domain names, and trademarks as well as an operational 20,000 square-foot production facility located in Virginia. Indications of interest to acquire the assets are due by February 23, 2023. LiteSheet's patented BriteCor AC Direct Technology provides an opportunity to acquire innovative, long-lasting LED lighting technology that has proven itself to last for decades in demanding applications. By eliminating the need for the DC drivers standard in conventional LED lighting, LiteSheet products not only last decades longer than other LED lighting products in the market – allowing it to offer the industry's only 15-year warranty on its products – but the energy-efficient, low-maintenance fixtures reduce the total cost of ownership by 40%-80% compared to DC LED products, representing one of the lowest costs of ownership in the marketplace. "All LiteSheet products last for over 230,000 lumen lifetime hours compared to 70,000 hours delivered by standard LED lights," remarked Gabe Fried, Hilco Streambank CEO. "This means LiteSheet technology is particularly valuable in installations where the cost of maintenance and replacement are high. This is an opportunity to expand an existing product portfolio into specialized applications such as roadways, tunnels, and large industrial or warehouse facilities." Fried continued, "LiteSheet fixtures are actively replacing DC LED products in these applications, and a testament to the quality of these products are the established relationships and signed distribution contracts with major industrial supply companies Grainger and Applied Industrial. This is a great opportunity for an acquirer of these assets; LiteSheet has already done all of the work to bring these products to market, including validating the technology, securing UL certification, proven it can cost-effectively manufacture in the U.S., and that customers love these products." Parties interested in learning more about the assets and sale process can click here or contact Hilco Streambank directly using the contact information provided below. Gabe Fried 646.651.1953 About Hilco Streambank: Hilco Streambank is a market leading advisory firm specializing in intellectual property disposition and valuation. Having completed numerous transactions including sales in publicly reported Chapter 7 and 11 bankruptcy cases, private transactions, and online sales through IPv4.Global , Hilco Streambank has established itself as the premier intermediary in the consumer brand, internet, and telecom communities. Hilco Streambank is part of Northbrook, Illinois based Hilco Global , the world's leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace. Hilco Global operates more than twenty specialized business units offering services that include asset valuation and appraisal, retail and industrial inventory acquisition and disposition, real estate and strategic capital equity investments. SOURCE Hilco Streambank

LiteSheet Frequently Asked Questions (FAQ)

  • When was LiteSheet founded?

    LiteSheet was founded in 2012.

  • Where is LiteSheet's headquarters?

    LiteSheet's headquarters is located at 1191 Venture Drive, Forest.

  • What is LiteSheet's latest funding round?

    LiteSheet's latest funding round is Debt - IV.

  • How much did LiteSheet raise?

    LiteSheet raised a total of $7.46M.

  • Who are the investors of LiteSheet?

    Investors of LiteSheet include Virginia Venture Partners and Charlottesville Angel Network.

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