Hercules Capital
Hercules Capital is the largest business development company focused on venture lending, serving as the lender of choice for innovative entrepreneurs and their venture capital partners. The firm is dedicated to delivering creative, flexible solutions to help companies achieve their goals, with a focus on empowering innovators across various industries. In 2024, Hercules celebrated its 20th anniversary, marking $20 billion in cumulative originations, highlighting its commitment to serving the entrepreneurial ecosystems in the technology and life sciences industries.
Hercules Capital
Portfolio
Arcus Biosciences is a clinical-stage, global biopharmaceutical company developing differentiated molecules and combination medicines for people with cancer.
#Life Sciences
Disc Medicine is a clinical-stage biopharmaceutical company committed to discovering, developing, and commercializing novel treatments for patients who suffer from serious hematologic diseases.
#Life Sciences
Marathon Health is a leading provider of direct primary care for employers and unions in the U.S., transforming healthcare delivery through a patient-first approach.
#Healthcare
Armis is a cyber exposure management & security company that protects the entire attack surface and manages the organization’s cyber risk exposure in real time.
#Cybersecurity
Harness is the leading end-to-end platform for complete software delivery, providing a simple, safe, and secure way for engineering and DevOps teams to release applications into production.
#Software
Shield AI is a defense technology company whose mission is to protect service members and civilians with intelligent systems, building the world’s best AI pilot.
#Defense Technology
Dashlane provides identity management software that holds users' passwords, addresses, and phone numbers in a single secure location, making online shopping checkout quick and seamless.
#Identity Management
EverFi was founded with a commitment to changing the lives of young adults through financial education, building the leading web-based media platform to teach and certify students in the core concepts of Financial Literacy.
#Education Technology
Zocdoc’s online marketplace delivers an accessible, seamless, and simple experience for patients to find in-network neighborhood doctors and book appointments online.
#Healthcare
Impossible Foods is developing a new generation of meats and cheeses made entirely from plants, aiming to provide the great taste and nutritional benefits of foods that come from animals without the negative health and environmental impact.
#Food Technology
Pivot Bio is dedicated to providing farmers with solutions to grow high-quality, environmentally-responsible, and sustainably-focused crops that help feed families worldwide.
#Agriculture Technology
Electric Hydrogen manufactures, delivers, and commissions the world’s most powerful electrolyzers for critical industries to produce the lowest cost green hydrogen.
#Energy
Rocket Lab is a developer of rocket launch and space systems, which completed its reverse merger with Vector Acquisition Corp. to become a publicly-traded company.
#Aerospace
WorldRemit is a global online money transfer business enabling its 5.7 million customers to send 70 currencies to over 130 countries.
#Fintech
Tipalti is the leading global payables automation platform, which secured $100 million in debt financing from Hercules in 2023.
#Fintech
Modern Health is a leading enterprise workplace mental health platform, which secured a $40 million debt commitment from Hercules in 2023.
#Healthcare
Dragos is the global leader in cybersecurity for operational technology (OT) environments, which secured a $60 million debt commitment from Hercules in 2023.
#Cybersecurity
Checkr is a leading HR technology company powering the future of work, which secured a $105 million debt commitment from Hercules in 2023.
#HR Technology
Main Street Health is the nation’s largest value-based healthcare organization exclusively serving rural America, which secured a $125 million debt commitment from Hercules in 2023.
#Healthcare
Viridian Therapeutics is focused on discovering and developing potential best-in-class medicines for serious and rare diseases, which expanded its debt facility to $90 million with Hercules in 2023.
#Biotechnology
Strive Health is the national leader in value-based kidney care, which secured a $100 million debt facility from Hercules in 2023.
#Healthcare
Phathom Pharmaceuticals is focused on developing and commercializing novel treatments for gastrointestinal diseases, which expanded its debt facility with Hercules for up to $300 million in 2023.
#Biotechnology
Semperis is a pioneer in identity-driven cyber resilience, which secured a $75 million debt commitment from Hercules in 2024.
#Cybersecurity
Reveleer is a leading AI-powered healthcare technology data and analytics company committed to advancing sustainable value-based care, which secured a total of $70 million debt commitment from Hercules in 2024.
#Healthcare Technology