Runway Growth Capital
Late-stage growth loans built to minimize dilution.
Venture Debt & LendingFirmNorth America
Target market
Late- & growth-stage companies, VC-backed and bootstrapped
Typical check
$10M-$100M+
Geography
North America
Overview
Runway Growth Capital provides senior term loans to late- and growth-stage companies, positioning debt as an explicit alternative to raising another equity round. For GPs protecting ownership in a winner, Runway's larger checks let a company fund expansion or M&A without resetting the cap table at an awkward moment.
Key facts
- Publicly traded BDC (NASDAQ: RWAY)
- Founded by venture-lending veteran David Spreng
- Lends to both sponsored and non-sponsored growth companies