Specialty finance company providing venture debt financing to technology and life sciences companies.
Hercules Capital, Inc., formerly known as Hercules Technology Growth Capital, Inc., stands as a prominent business development company specializing in providing financial solutions to a diverse range of venture capital-backed enterprises. Established in 2003 and headquartered in Palo Alto, California, Hercules Capital focuses on offering venture debt, senior secured loans, and growth capital to companies at various stages of development. Its portfolio spans from early-stage startups to established firms, encompassing sectors such as technology, energy technology, sustainable and renewable technology, and life sciences.
The firm's financing solutions are tailored to support critical business needs including capital extension, management buy-outs, and corporate spin-outs. It also facilitates acquisitions, refinancing, and IPO bridge financing, highlighting its role in bolstering growth and strategic initiatives within its portfolio companies. Hercules Capital distinguishes itself through a flexible approach to lending, providing asset-based financing, working capital lines of credit, and specialized financing for intellectual property and equipment acquisitions.
With a strategic presence across multiple offices in the United States and London, Hercules Capital actively seeks investment opportunities primarily in technology-driven sectors. Its investment strategy focuses on structured debt with warrants, senior debt, and equity investments, aiming to foster innovation and market leadership among its portfolio companies. By leveraging its deep industry expertise and extensive network, Hercules Capital continues to play a pivotal role in fueling entrepreneurial growth and innovation in the global marketplace.