About This Fund
BroadLight Capital Fund I is the $225 million inaugural growth equity fund managed by BroadLight Capital, a New York-based private investment firm founded in January 2021 by David Dorfman, Kevin Yorn, and Rick Yorn. The fund employs a differentiated late-stage venture and growth equity strategy that pairs financial capital with a proprietary network of globally recognized artists, athletes, creators, and entertainment personalities who serve as operating advisors and distribution accelerators for portfolio companies. This cultural and consumer network is a distinctive competitive advantage that BroadLight leverages to help investee businesses reach mainstream audiences faster than conventional growth equity models.
BroadLight Capital Fund I targets high-growth technology, media, consumer, and entertainment companies, with an emphasis on businesses where cultural access, brand building, and consumer distribution represent meaningful levers for value creation. The fund's sector focus spans AI and voice technology, legal technology, healthcare technology, and digital media — sectors where distribution, brand, and community are increasingly decisive competitive factors. Among the fund's notable portfolio companies is ElevenLabs, the AI voice platform that crossed $500 million in ARR in 2026 and raised $500 million in a Sequoia-led round at an $11 billion valuation.
BroadLight Capital Management LLC is registered as an investment adviser with the SEC (CRD #315015) and operates from its New York headquarters. The firm's founding partners bring a deep background in both financial structuring and creative industry deal-making, giving BroadLight a dual competency that differentiates its approach in the growth equity market.