HTGC

Hercules Capital, Inc. operates as a specialty finance company providing venture debt and equipment financing to high-growth, innovative venture capital-backed companies in the technology, life sciences, and sustainable and renewable technology sectors. Headquartered in Palo Alto, California, the company is structured as a business development company (BDC) and primarily offers senior secured loans, mezzanine debt, and equipment financings to companies ranging from early-stage startups to later-stage growth companies. Hercules typically targets companies backed by leading venture capital and institutional investors, filling a financing gap between traditional bank lending and equity investments. The company maintains a diversified portfolio across multiple industry verticals including software, biotechnology, pharmaceuticals, medical devices, clean technology, and internet and consumer technology companies. As of recent filings, Hercules manages a portfolio exceeding $3 billion in total commitments across more than 100 portfolio companies. The firm distinguishes itself through its deep expertise in venture lending and established relationships with the venture capital community, having deployed capital to thousands of companies since its founding in 2003. Hercules files regular reports with the Securities and Exchange Commission and is traded on the New York Stock Exchange under the ticker symbol HTGC, providing investors with quarterly distributions while maintaining its regulated investment company status.