Skylight, a 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. The financing will further support Skylight’s goal of meeting the surging demand for its innovative technology.
This increased facility will fund inventory purchases, enabling Skylight to scale with consumer demand while continuing to invent new products that address families’ deepest challenges: staying connected and reducing the mental burden of household management.
SG Credit Partners, which previously provided Skylight with a $20 million facility, has increased its commitment to $50 million and brought in Wingspire Capital as a strategic partner to support the company’s trajectory. Both lenders have a track record of backing innovative consumer brands and market leaders across several industries.
Skylight now connects more than 9.3 million users, bringing families together through consistent innovation and a customer-centric approach. The brand recently restocked the sold-out 27-inch Cal Max, their popular smart family calendar developed in response to customer feedback.
Beyond hardware innovations, Skylight has also continued to invest in the user experience with new features, including an AI-based family assistant, a rewards system, and others that will launch throughout 2025.
KEY QUOTES:
“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. The vote of confidence from SG Credit Partners and Wingspire Capital unlocks our expansion plans for the next few years. With our strong balance sheet and clear opportunities, the SG/Wingspire partnership helps us extend our impact and reach millions more families while maintaining our commitment to sustainable growth.”
- Chia Chung, Chief Operating Officer and Chief Financial Officer at Skylight
“SG is thrilled to partner with Wingspire to provide this expanded credit facility for Skylight. This collaboration further strengthens our dedication to supporting Skylight’s exceptional innovation, and we are eager to continue to propel their success.”
- Dan McCallum, Managing Director at SG Credit Partners
“Wingspire Capital is proud to join the SG and Skylight partnership and provide additional liquidity as Skylight continues to execute its strategic growth plans.”
- Will Bence, Managing Director at Wingspire Capital
