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Hercules Team

We are dedicated to delivering creative, flexible solutions.

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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

IPO and M&A exits

companies funded

assets under management

co-investments with VC & PE firms

new debt & equity commitments

(a)Since inception through December 31, 2022  (b)Q4 2022

INDUSTRIES WE SERVE

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Life Sciences

 
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Technology

 
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SaaS Finance

 
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Sustainable + Renewable

 

INDUSTRIES WE SERVE

Microscope icon.

Life Sciences

 
Computer chip icon.

Technology

 
Computer chip icon.

SaaS Finance

 
Lightbulb icon.

Sustainable + Renewable

 

The Hercules Team

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Scott Bluestein Chief Executive Officer​ and Chief Investment Officer for Hercules Capital.
Catherine Jhung Managing Director of Business Development at Hercules Capital.
Michael Hara Managing Director of Investor Relations and Corporate Communications at Hercules Capital.
R. Bryan Jadot Senior Managing Director and Group Head of Life Sciences Venture Lending at Hercules Capital.
Steve Kuo Senior Managing Director and Group Head of Technology for Hercules Capital.

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)

box.

Dylan C. Smith Co-Founder and Chief Financial Officer of Box.

Featured Portfolio Companies

Carbon Health
Carbon Health

Carbon Health

Carbon Health is a leading national healthcare provider with a mission to make high-quality healthcare accessible to everyone. Carbon Health offers primary and urgent care to nearly two-thirds of the U.S. Leveraging its unique technology platform, Carbon Health delivers care across a variety of access points, including in-person clinics, virtual care and remote patient monitoring.

carbonhealth.com
Phathom Pharmaceuticals
Phathom Pharmaceuticals

Phathom Pharmaceuticals

Phathom Pharmaceuticals is a biopharmaceutical company focused on the development and commercialization of novel treatments for gastrointestinal diseases and disorders. Phathom has in-licensed the exclusive rights in the United States, Europe, and Canada to vonoprazan, a novel potassium competitive acid blocker (P-CAB) in late-stage development for the treatment of acid-related disorders.

www.phathompharma.com
uniQure
uniQure

uniQure

uniQure is a world leader in the research and early development of human gene based therapies.

www.uniqure.com
Rocket Lab
Rocket Lab

Rocket Lab

Rocket Lab is an end-to-end space company with an established track record of mission success. The company delivers reliable launch services, spacecraft components, satellites and other spacecraft and on-orbit management solutions that make it faster, easier and more affordable to access space.

rocketlabusa.com
Pivot Bio
Pivot Bio

Pivot Bio

At Pivot Bio, we believe in meeting the needs of the present without compromising the needs of future generations. Our unparalleled understanding of the crop microbiome will help create a future with cleaner water and air. We are dedicated to providing farmers with solutions so they can grow high-quality, environmentally-responsible and sustainably-focused crops that help feed families worldwide.

www.pivotbio.com
WorldRemit
WorldRemit

WorldRemit

WorldRemit is a leading global payments company and, along with Sendwave, part of Zepz, a group powering two global payments brands. WorldRemit disrupted an industry previously dominated by offline legacy players by taking international money transfers online – making them safer, faster and lower cost.

worldremit.com
Pollen (c2fo)
Pollen (c2fo)

Pollen (c2fo)

“C2FO,” Pollen, Inc. provides a Working Capital Management platform for buyers and suppliers to facilitate the distribution of working capital without an intermediary. The software serves as a portal to an exchange that allows companies to optimize working capital positions in a real-time bid/ask environment.

www.c2fo.com
Campaign Monitor
Campaign Monitor

Campaign Monitor

Campaign Monitor is a global technology company that provides an email marketing platform that’s easy to use yet extremely powerful.

www.campaignmonitor.com
ZocDoc
ZocDoc

ZocDoc

Each month, millions of patients use Zocdoc to find in-network neighborhood doctors, instantly book appointments online, see what other patients have to say, get reminders for upcoming appointments and preventive check-ups, fill out their paperwork online, and more. With a mission to give power to the patient, Zocdoc’s online marketplace delivers the accessible, seamless and simple experience patients expect and deserve.

www.zocdoc.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
Pivot Bio
Pivot Bio

Pivot Bio

At Pivot Bio, we believe in meeting the needs of the present without compromising the needs of future generations. Our unparalleled understanding of the crop microbiome will help create a future with cleaner water and air. We are dedicated to providing farmers with solutions so they can grow high-quality, environmentally-responsible and sustainably-focused crops that help feed families worldwide.

www.pivotbio.com
Impossible Foods
Impossible Foods

Impossible Foods

Impossible Foods is developing a new generation of meats and cheeses made entirely from plants. Their mission is to give people the great taste and nutritional benefits of foods that come from animals without the negative health and environmental impact.

www.impossiblefoods.com
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Insmed.

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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Druva.

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.

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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Reachlocal.

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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