Hercules Capital | Venture Debt - Business Capital - Funding

Empowering Innovators

Meet our Team

Hercules Capital is the largest business development company focused on venture lending, and the lender of choice for innovative entrepreneurs and their venture capital partners.

in commitments

IPO and M&A exits

companies funded

assets under management

co-investments with VC & PE firms

new debt & equity commitments

in commitments

assets under management

IPO and M&A exits

co-investments with VC & PE firms

companies funded

new debt & equity commitments

(a)Since inception through Q2 2018  (b)Q2 2018

INDUSTRIES WE SERVE

Technology

 

Life Sciences

 

Sustainable + Renewable

 

Special Situations

 

The Hercules Team

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Hercules has been a great partner for Box since 2008. They were very supportive during the financial crisis and grew through multiple transactions as our business started to scale. The Hercules team is flexible, creative and easy to work with. I would highly recommend them for any growth company looking for capital.

Dylan Smith
(CFO, Box)

Featured Portfolio Companies

Paratek Pharmaceuticals
Paratek Pharmaceuticals

Paratek Pharmaceuticals

Paratek Pharmaceuticals, Inc. is a privately held biopharmaceutical company engaged in the discovery and commercialization of new therapeutics that treat life threatening infectious and other serious diseases.

www.paratekpharm.com
Celator Pharmaceuticals
Celator Pharmaceuticals

Celator Pharmaceuticals

Celator Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company. Celator's proprietary technology platform, CombiPlex, enables the rational design and rapid evaluation of optimized combinations, incorporating traditional chemotherapies as well as molecularly targeted agents to deliver enhanced anti-cancer activity. Acquired by Jazz Pharmaceuticals in 2016.

www.celatorpharma.com
Anacor Pharmaceuticals, Inc.
Anacor Pharmaceuticals, Inc.

Anacor Pharmaceuticals, Inc.

Anacor is a biopharmaceutical company focused on discovering, developing and commercializing novel small-molecule therapeutics derived from its boron chemistry platform, which include topically administered dermatologic compounds. Acquired by Pfizer in 2016.

www.anacor.com
Machine Zone
Machine Zone

Machine Zone

From the beginning, Machine Zone set out to build something that had never been developed before - a massively multiplayer online game that the whole world can play at the same time. Executing this bold idea was no easy technical endeavor. What resulted was not only the meteoric rise and continued success of Game of War, Fire Age and Technology Strike, but a global, scalable platform capable of the simultaneous exchange of data between millions of endpoints worldwide with unparalleled speed and efficiency in real time. The application of their Realtime technology reaches far beyond games and makes the internet of tomorrow possible today.

www.mz.com
Lithium Technologies
Lithium Technologies

Lithium Technologies

Lithium Technologies provides market-leading solutions for building successful online communities. Lithium's on-demand technology, backed by community management expert services, enable clients to increase brand loyalty, sales, and customer satisfaction while decreasing customer care costs. Lithium's solutions have been implemented by many of the world's largest organizations around the world. Vertical markets served include telecommunications, media, entertainment, technology and e-tail.

www.lithium.com
Fuze
Fuze

Fuze

Fuze (aka Thinking Phone Networks) is a C3 platform that provides a hosted intelligence capability by combining voice and customer communications with business and customer management applications. The company focuses on delivering solutions that solve the evolving collaboration challenges inherent in today’s increasingly mobile and social workforce.


www.fuze.com
Proterra
Proterra

Proterra

Proterra is a leader in the design and manufacture of zero-emission electric buses that reduce fleet operating costs and eliminate dependency on fossil-fuels.

www.proterra.com
TPI Composites, Inc.
TPI Composites, Inc.

TPI Composites, Inc.

TPI Composites is a global provider of wind turbine blades and other advanced structural composites products, with more than 2,000 employees who are also expert innovators in the transportation and military vehicle markets.

www.tpicomposites.com
Rive Technology
Rive Technology

Rive Technology

Rive is a developer of innovative materials-based solutions for catalytic and separations processes in the petroleum refining, chemicals, and biofuels industries. Through its Molecular Highway technology, an innovative materials science platform, Rive enables higher performing catalysts and adsorbents. Rive is commercializing its Molecular Highway technology for the petroleum refining industry, specifically fluid catalytic cracking, with W.R. Grace (NYSE: GRA) through jointly developed FCC catalysts. FCC catalysts powered by Molecular Highway technology allow refiners to profit by increasing production of high-quality fuels and by processing heavier crudes.

www.rivetechnology.com
ReachLocal
ReachLocal

ReachLocal

ReachLocal, Inc. (NASDAQ:RLOC) helps local businesses grow and operate their business better with leading technology and expert service for our clients' lead generation and conversion.

www.reachlocal.com
Mattersight
Mattersight

Mattersight

Mattersight helps brands have better chemistry with their customers. Using a suite of innovative personality-based products, Mattersight can analyze and predict customer behavior based on the language exchanged during service and sales interactions. This insight can then facilitate real-time connections between customers and the agents best capable of handling their needs. Mattersight's patented stack of SaaS products has influenced hundreds of millions of shorter, more satisfying customer interactions. Organizations across the Financial Services, Healthcare, Technology, and Telco industries rely on Mattersight to drive customer retention, employee engagement, and operating efficiency.

www.mattersight.com
Vela Trading
Vela Trading

Vela Trading

Vela Trading Technologies (“Vela”) is a leading provider of market data software, managed services, and content to global financial services clients, connecting banks, hedge funds, and other buy and sell-side firms to the global markets for trading across many asset classes. Vela software processes pricing, trading, and other data from exchanges (and other sources), cleans and normalizes that data, and distributes it for a variety of trading and order execution applications.

www.velatradingtech.com
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Hercules’ understanding and decades of experience working with companies in the life sciences sector meant they were able to recognize the elements – an experienced management team, a solid product and a well-managed balance sheet – that make up a company positioned to realize its full potential.

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By turning to Hercules, a specialty finance company that focused on venture debt in the technology space, Druva was able to access more capital than a traditional bank could provide and avoid the dilution that would be caused by raising additional equity.

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Plug Power had been experiencing tremendous growth and needed to obtain non-dilutive, growth capital. This would mean finding a financial partner that could understand its sophisticated financing structure which included a number of instruments like sale/leaseback project financing.

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The Hercules’ Special Situations underwriting team recognized that despite setbacks, ReachLocal’s fundamentals remained strong, and the company was led by a very talented management team. In April 2015, ReachLocal closed on a $25 million long-term loan facility with Hercules Capital to meet working capital needs.

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