Runway Growth Capital Named to Inc.'s 2024 Founder-Friendly Investors List
Runway Growth Capital has been named to Inc. Magazine's 2024 Founder-Friendly Investors list, highlighting its role in providing growth loans as alternatives to equity raising. Since its 2015 founding, Runway has partnered with 83 companies and issued over $3.2 billion in total loan commitments. Recent notable transactions include a $20 million growth capital provision to Elevate Services, building on a previous $40 million commitment, a $65 million investment in Synack, and a $30 million investment in Bombora.
Runway Growth Capital è stata inserita nella lista degli Investitori Amici dei Fondatori di Inc. Magazine per il 2024, evidenziando il suo ruolo nel fornire prestiti per la crescita come alternative alla raccolta di capitale di rischio. Dalla sua fondazione nel 2015, Runway ha collaborato con 83 aziende e ha emesso oltre 3,2 miliardi di dollari in impegni di prestito totali. Tra le recenti transazioni significative vi sono un finanziamento di 20 milioni di dollari per Elevate Services, che si aggiunge a un impegno precedente di 40 milioni di dollari, un investimento di 65 milioni di dollari in Synack e un investimento di 30 milioni di dollari in Bombora.
Runway Growth Capital ha sido nombrada en la lista de Inversores Amigables con los Fundadores 2024 de la revista Inc., destacando su papel en la provisión de préstamos para el crecimiento como alternativas a la recaudación de capital. Desde su fundación en 2015, Runway ha colaborado con 83 empresas y ha emitido más de 3.2 mil millones de dólares en compromisos totales de préstamos. Las transacciones notables recientes incluyen una provisión de capital de crecimiento de 20 millones de dólares a Elevate Services, que se suma a un compromiso anterior de 40 millones de dólares, una inversión de 65 millones de dólares en Synack y una inversión de 30 millones de dólares en Bombora.
Runway Growth Capital는 Inc. Magazine의 2024년 창업자 친화적 투자자 목록에 올라, 자본 모집의 대안으로 성장 대출을 제공하는 역할을 강조했습니다. 2015년 설립 이후, Runway는 83개 기업과 협력하였으며, 총 32억 달러 이상의 대출 약정을 발행했습니다. 최근 주요 거래로는 Elevate Services에 대한 2천만 달러의 성장 자본 제공과 이전의 4천만 달러 약정, Synack에 대한 6천5백만 달러 투자 및 Bombora에 대한 3천만 달러 투자가 포함됩니다.
Runway Growth Capital a été nommé sur la liste des Investisseurs Amis des Fondateurs 2024 du magazine Inc., soulignant son rôle dans la fourniture de prêts de croissance comme alternatives à la levée de fonds. Depuis sa fondation en 2015, Runway a collaboré avec 83 entreprises et a émis plus de 3,2 milliards de dollars d'engagements de prêts totaux. Parmi les transactions notables récentes, on trouve un apport en capital de croissance de 20 millions de dollars à Elevate Services, qui s'ajoute à un précédent engagement de 40 millions de dollars, un investissement de 65 millions de dollars dans Synack, et un investissement de 30 millions de dollars dans Bombora.
Runway Growth Capital wurde in die Liste der Gründerfreundlichen Investoren 2024 von Inc. Magazine aufgenommen, was ihre Rolle bei der Bereitstellung von Wachstumsdarlehen als Alternative zur Eigenkapitalbeschaffung unterstreicht. Seit ihrer Gründung im Jahr 2015 hat Runway Partnerschaften mit 83 Unternehmen geschlossen und über 3,2 Milliarden Dollar an Gesamtverpflichtungen für Darlehen ausgegeben. Zu den jüngsten bemerkenswerten Transaktionen gehören eine Bereitstellung von Wachstumsinvestitionen in Höhe von 20 Millionen Dollar an Elevate Services, die auf einer vorherigen Verpflichtung von 40 Millionen Dollar beruht, eine Investition von 65 Millionen Dollar in Synack und eine Investition von 30 Millionen Dollar in Bombora.
- Issued over $3.2 billion in total loan commitments since inception
- Successfully partnered with 83 companies
- Recent significant investments: $20M to Elevate Services, $65M to Synack, $30M to Bombora
- None.
Insights
The inclusion in Inc.'s Founder-Friendly Investors list, while prestigious, has minimal direct financial impact on Runway Growth Capital's operations or stock performance. However, the article reveals significant business activities worth noting: total loan commitments of
The venture lending market context is important here. With rising interest rates and a tighter VC funding environment, venture debt providers like Runway are well-positioned to capitalize on increased demand for non-dilutive financing. The company's recent deal activity shows robust deployment of capital, particularly through follow-on investments in existing portfolio companies. This strategy indicates strong portfolio performance and reduced risk through familiarity with borrowers. The
Runway's recognition highlights its unwavering support for entrepreneurs through minimally dilutive capital solutions.
"It has been a complicated few years for growth companies and the companies that fund them," said Mike Hofman, editor-in-chief of Inc. "So we are happy to share with our readers the best, latest guidance on which venture capital firms, private equity firms, and growth-capital lenders have the track record and reputation of being especially good partners to founders and CEOs."
The prestigious list celebrates the investors who believe in backing founder-led businesses and helping them thrive. All companies on the list have successful track records of collaboration and remaining actively involved with the businesses they invest in.
"Our inclusion on Inc.'s Founder-Friendly Investors list underscores our commitment to building meaningful relationships with founders," said David Spreng, Founder and CEO of Runway. "By offering venture debt, a less dilutive alternative to equity, we enable entrepreneurs to retain more control of their companies while supporting them through their growth journey."
Runway's investment philosophy centers on collaboration with its borrowers, focusing on trust, transparency, and long-term partnership. Founded in 2015, the firm has distinguished itself as a key player in venture lending, helping high-growth companies across varied industries access non-dilutive financing. Since its inception, Runway has partnered with 83 companies, providing capital to businesses with a clear path to profitability and issuing over
A recent example of Runway's commitment to its portfolio companies is its partnership with Elevate Services, Inc. ("Elevate"), a leading global provider of software and services to legal departments and law firms. In 2024, Runway provided
Runway has executed several similar upsizes, maintaining strong confidence in its investments and consistently supporting founders through both challenges and successes. In the fourth quarter of 2023, Runway provided a
Introduced in 2019, the Founder-Friendly Investors list has become a go-to guide for entrepreneurs who want to grow their companies while retaining an ownership stake.
To see the complete list, go to: https://www.inc.com/founder-friendly-investors/2024
The November 2024 issue of Inc. magazine is available online now at https://www.inc.com/magazine and will be on newsstands beginning October 29.
Legal Disclosure
The award for Runway's advisory services has been given by a non-advisory client. A cash compensation entry fee was given in association with the award. Any compensation may create a conflict of interest. For more information on Inc.'s award selection process click here.
About Inc.
Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.'s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, digital, print, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in
About Runway Growth Capital LLC
Runway Growth Capital LLC is the investment advisor to investment funds, including Runway Growth Finance Corp. (Nasdaq: RWAY), a business development company, and other private funds, which are lenders of growth capital to companies seeking an alternative to raising equity. Led by industry veteran David Spreng, these funds provide senior term loans of
Forward-Looking Statements
Statements included herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition, or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Runway's filings with the Securities and Exchange Commission. Runway undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
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SOURCE Runway Growth Capital LLC
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