Empowering Innovators

Meet Our Team

Empowering Innovators

Learn About Our Story

Empowering Innovators

Listen to Our Podcast

Hercules Team

We are dedicated to delivering creative, flexible solutions.

Celebrating Two Decades

Explore our journey of helping companies achieve their goals.

Ventured Growth Podcast

Listen to conversations with today’s top CFOs

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 March 31, 2025  (b)Q1 2025  (c)Assets under management includes assets managed by Hercules Capital and its Adviser Subsidiary

INDUSTRIES WE SERVE

Microscope icon.

Life Sciences

 
Computer chip icon.

Technology

 
Computer chip icon.

SaaS Finance

 
Lightbulb icon.

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

View All

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

Arcus Biosciences
Arcus Biosciences

Arcus Biosciences

Arcus Biosciences is a clinical-stage, global biopharmaceutical company developing differentiated molecules and combination medicines for people with cancer.

www.arcusbio.com
Disc Medicine
Disc Medicine

Disc Medicine

Disc Medicine (NASDAQ:IRON) is a clinical-stage biopharmaceutical company committed to discovering, developing, and commercializing novel treatments for patients who suffer from serious hematologic diseases.

www.discmedicine.com
Marathon Health
Marathon Health

Marathon Health

Marathon Health, a leading provider of direct primary care for employers and unions in the U.S., is transforming healthcare delivery through a patient-first approach, providing more convenient access to in-person and virtual care, leading to better health outcomes for patients and meaningful cost-of-care savings.

marathon.health
Armis
Armis

Armis

Armis, the cyber exposure management & security company, protects the entire attack surface and manages the organization’s cyber risk exposure in real time.

armis.com
Harness
Harness

Harness

Harness is the leading end-to-end platform for complete software delivery. It provides a simple, safe, and secure way for engineering and DevOps teams to release applications into production.

www.harness.io
Shield AI
Shield AI

Shield AI

Shield AI is a defense technology company whose mission is to protect service members and civilians with intelligent systems. In pursuit of this mission, Shield AI is building the world’s best AI pilot.

www.shield.ai
Dashlane
Dashlane

Dashlane

Dashlane provides identity management software that holds users' passwords, addresses and phone numbers in a single secure location and makes that information available on all devices. It also makes online shopping checkout quick and seamless.

www.dashlane.com
Everfi
Everfi

Everfi

EverFi was founded with a commitment to changing the lives of young adults through financial education. EverFi has built the leading web-based media platform to teach and certify students in the core concepts of Financial Literacy. From student loan defaults and sub-prime mortgages, to credit card debt and rising bankruptcy rates, it’s clear young adults lack the right tools to make the decisions that will shape their financial lives. Built into the EverFi program are the latest Web 2.0 and new media technologies to educate and entertain a generation of digital natives.

www.everfi.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
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
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
Electric Hydrogen
Electric Hydrogen

Electric Hydrogen

Electric Hydrogen manufactures, delivers and commissions the world’s most powerful electrolyzers for critical industries to produce the lowest cost green hydrogen. 

www.eh2.com
View All
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.

Read more

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.

Read more

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.

Read more

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.

Read more