HTGC - Hercules Technology Growth Capital Inc.

HTGC Stock Chart

HTGC Profile

Hercules Capital, Inc., originally known as Hercules Technology Growth Capital, Inc., operates as a specialized business development company based in Palo Alto, California, with a significant presence across various locations including Connecticut, Massachusetts, California, Illinois, Virginia, New York, Pennsylvania, Washington D.C., and London, United Kingdom. Founded in December 2003, the firm focuses on providing tailored financial solutions to privately held venture capital-backed companies at different stages of development. This includes startups, expansion-stage firms, select publicly listed entities, and special opportunity lower middle-market companies seeking capital for acquisitions, refinancing, and strategic initiatives.

The company offers a comprehensive suite of financial products such as venture debt, senior secured loans, and growth capital, addressing diverse needs from capital extension and management buy-outs to intellectual property acquisition and corporate expansion. Hercules Capital's investment strategy spans multiple sectors including technology, energy technology, sustainable and renewable technology, and life sciences. Within these sectors, it targets a broad spectrum of industries including advanced materials, biopharmaceuticals, clean technology, digital media, healthcare services, and more.

Beyond traditional financing, Hercules Capital provides bridge financing for IPOs and mergers, dividend recapitalizations, and strategic acquisitions, demonstrating its flexibility and responsiveness to market opportunities. The firm actively collaborates with other private equity firms through co-investments and aims to achieve exits through avenues like initial public offerings, mergers, acquisitions, or private sales. With a robust balance sheet and a disciplined investment approach, Hercules Capital continues to support innovation and growth across its diversified portfolio of companies in the United States and beyond.

HTGC Revenue Chart

HTGC Earnings