RWAY Profile
Runway Growth Finance Corp. is a business development company (BDC) that focuses on providing capital to late-stage and growth-stage companies through senior-secured loans. Established to support businesses poised for expansion, Runway Growth Finance Corp. targets investments in sectors with high growth potential, including technology, life sciences, healthcare, information services, and select consumer services and products. The company’s investment strategy is geared towards facilitating the growth and development of companies in these sectors, enabling them to scale their operations and achieve strategic objectives.
The company's investment portfolio includes a diverse range of industries, with a particular emphasis on technology and healthcare. In the technology sector, Runway Growth Finance Corp. targets companies involved in electronic equipment and instruments, systems software, hardware, storage and peripherals, application software, and internet software and services. In healthcare, the company invests in biotechnology, healthcare technology, healthcare equipment, and education services. Additionally, it is interested in business services and specialized consumer services, such as human resources and employment services, and internet retail.
Runway Growth Finance Corp. typically invests in senior-secured loans ranging from $10 million to $75 million. These loans are designed to provide companies with the financial resources needed to support their growth strategies while securing the investment with senior-secured collateral. This approach allows the company to mitigate risk while offering significant capital to businesses with promising growth trajectories.
With its focus on high-growth sectors and substantial investment capacity, Runway Growth Finance Corp. plays a pivotal role in supporting the expansion of late-stage and growth-stage companies. The company’s investment strategy reflects a commitment to fostering innovation and development in key industries, contributing to the success of its portfolio companies and the broader economic landscape.
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