
Trinity Capital
Description
Trinity Capital Inc. (NASDAQ: TRIN) is a prominent publicly traded business development company (BDC) specializing in providing venture debt and equipment financing to growth-stage companies. The firm primarily partners with innovative businesses that are backed by institutional venture capital investors, offering a crucial source of non-dilutive capital. This financing model allows companies to fund their operational needs, extend their cash runway, or acquire essential equipment without further diluting their equity, making it an attractive alternative or complement to traditional equity rounds.
Trinity Capital's investment strategy is designed to be flexible, with typical deal sizes ranging from $5 million to $100 million per transaction. They focus on a diverse array of high-growth sectors, including technology, life sciences, and other emerging industries. The firm evaluates potential investments based on factors such as strong management teams, validated business models, and significant market opportunities, often collaborating with leading venture capital firms to support promising ventures.
Since its inception in 2008, Trinity Capital has grown to become a significant force in the venture debt landscape. The firm has committed over $2.7 billion in capital to more than 200 growth-stage companies, underscoring its substantial contribution to the innovation economy. As a BDC, Trinity Capital not only provides vital capital to entrepreneurs but also offers public market investors an opportunity to gain exposure to a diversified portfolio of private growth companies, reinforcing its role in fostering technological advancement and business expansion across the United States.
Investor Profile
Trinity Capital has backed more than 145 startups, with 25 new investments in the last 12 months alone. The firm has led 55 rounds, about 38% of its total and boasts 44 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Debt Financing, Series Unknown, Post Ipo Debt rounds (top funding stages).
- Majority of deals are located in United States, Canada, Spain.
- Strong thematic focus on Software, Health Care, Medical.
- Led 19 rounds in the past year.
- Typical check size: $5M – $100M.
Stage Focus
- Debt Financing (67%)
- Series Unknown (18%)
- Post Ipo Debt (6%)
- Series D (2%)
- Series A (2%)
- Series B (1%)
- Series C (1%)
- Private Equity (1%)
- Convertible Note (1%)
- Post Ipo Equity (1%)
Country Focus
- United States (94%)
- Canada (2%)
- Spain (1%)
- United Kingdom (1%)
- France (1%)
- Colombia (1%)
Industry Focus
- Software
- Health Care
- Medical
- Manufacturing
- Energy
- Saas
- Fintech
- Information Technology
- Biotechnology
- Telecommunications
Frequently Asked Questions
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