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LORCAPT was founded in 2022 to resolve the dysfunction between automotive OEMs, suppliers and production tool manufacturers in the design, manufacture and financing of automotive production tools. With a first in industry FinTech platform, called ‘TRINITY’, LORCAPT will seamlessly integrate the key stakeholders [OEM, Supplier, Tool Maker] onto a single digital platform that provides consistent operational information and build data combined with JIT financing across the entire value chain from Program Approval [PA] through Production Part Approval Process [PPAP]. The ‘TRINITY’ Platform is the only integrated system designed to unify all the independent stakeholders in the NA Production Tool value chain with order, build control, process management and JIT financing thus rationalizing the existing industry dynamics and relationships. With a combination of patented systems and processes, proven industry financial management systems and customer relationship management systems, LORCAPT can launch quickly into this expansive market and achieve an immediate and significant first mover advantage as we revolutionize the industry.

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James Staargaard is the Co-Founder Executive Vice President and Chief Commercial Officer of LORCAPT.

4 people are employed at LORCAPT.

LORCAPT is based in Birmingham, Michigan.

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