Runway Growth Capital

We’re thrilled to announce that Runway Growth Capital has again been named one of Inc. Magazine's Founder-Friendly Investors! This annual recognition celebrates private equity, venture capital, and venture debt firms valued by founders as trusted partners in driving growth. Being included for the second consecutive year reaffirms our commitment to building trust, transparency, and lasting partnerships. Thank you to our dedicated team for making this possible, and congratulations to all firms recognized on this year’s list! The Founder-Friendly Investor list is announced annually by Inc. Firms pay an application fee to be considered for this list. The 2024 list was released on October 29, 2024. For more information about the selection criteria and process, please visit: https://lnkd.in/g6aPjKRx

If you're a founder raising capital, it's essential to fully evaluate all your funding options—especially when comparing venture equity to venture debt. David Spreng presents two hypothetical scenarios for late-stage companies, examining the benefits and broader implications of different fundraising strategies. How did the numbers play out, and what market challenges did they face? Check out the link below for a quick read. We find this type of in-depth analysis crucial for any founder to revisit.

Thank you to everyone who joined us for our networking dinner last week at The 'Quin House, co-hosted by Ted Cavan of Runway Growth Capital and Jordan (Litke) Gauthier and Hailey Orr of MUFG Technology Banking. It was a fantastic event, bringing together leaders from across the venture ecosystem. We look forward to more opportunities for collaboration and growth within the tech community!

Congratulations to our portfolio company Madison Reed on their new partnership with the University of Connecticut! The deal includes naming rights for the Gampel Pavilion and XL Center over the next three years, as well as NIL sponsorship for four UConn Women’s Basketball team players. This sponsorship marks the first female and grad-founded brand to gain court-naming rights at UConn. We’re proud to partner with innovative companies like Madison Reed and support their continued success.

We are excited to continue our partnership with Elevate, a market leader in legal software and services. This additional funding underscores our commitment to the long-term growth of our portfolio companies. We look forward to further supporting strong management teams and innovative businesses. If you're a founder or VC with a portfolio company interested in learning more about venture debt, please feel free to reach out.

We’re excited to partner with ONWARD Medical, a medical technology company developing innovative spinal cord stimulation therapies aimed at restoring movement, function, and independence for people with spinal cord injuries. This investment will refinance existing debt, fund upcoming commercial and clinical activities, and provide working capital for general and corporate purposes.

Attending the Debtwire Private Credit Forum tomorrow in New York? Don’t miss the 3:30 PM session: “Capitalizing on the software and technology opportunity in private credit.” Greg Greifeld, our Deputy Chief Investment Officer and Head of Credit, will join fellow panelists to discuss: ✅ Recent developments in the technology and software lending market. ✅ The growing appetite for software deals among private credit firms, even in volatile market conditions. ✅ Where the most promising opportunities for returns are in this sector. For more details about the conference, click the link below! https://lnkd.in/gwq8rbdE

Thank you to all who joined us at our #NYTechWeek happy hour last week, co-hosted by Alpha Partners. It was a fantastic gathering, bringing together venture capital and private equity firms, family offices, and top-tier media. We look forward to continued collaboration and growth in the tech community!

A strong partnership approach, a focus on late and growth-stage companies, and being selective in capital deployment. These are just a few points shared by Greg Greifeld, Deputy CIO and Head of Credit at Runway, in a recent interview about what sets us apart within the venture debt landscape. Greg also notes how our investment thesis has evolved over time and how we expect growth lending to change given the macroeconomic climate. It’s an exciting time to work with great companies that we believe are on a strong path to profitability and are seeking minimally dilutive growth capital. Thanks to Amit Chowdhry for your time!

Technology companies in our portfolio utilize venture debt financing to accelerate their hiring plans, expand into new markets, strengthen their balance sheets before an IPO or M&A event, and more. The loans we issue typically range between $10M and $75M, and serve as a complement, supplement, or alternative to equity financing. Our capital can help businesses solidify their path to profitability while minimizing shareholder dilution.   Want to learn more? Get in touch to discuss how venture lending might align with your company's needs and timeline.