Hercules Capital


Hercules Capital is a publicly-facing business development company (BDC) focused on venture lending. The firm provides structured debt and flexible financing solutions to venture-backed companies and works with venture capital and private equity partners across multiple industry sectors.

Hercules Capital

San Mateo, California, United States, North America


Services

Venture lending / Venture debt

Structured debt financing and venture debt facilities for venture-backed companies, including growth capital that is intended to be non-dilutive to equity holders.

Special situations underwriting

Underwriting and financing solutions for companies in unique or distressed circumstances where non-standard capital structures are required.

Sale/leaseback and project financing

Financing structures such as sale/leaseback arrangements and project-level financing to support capital-intensive initiatives.

Long-term loan facilities

Multi-year senior or subordinated loan facilities to support working capital, growth, and scaling initiatives.

Co-investments with VC and PE firms

Co-investment and partnership activity alongside venture capital and private equity sponsors.

Flexible, creative financing solutions

Tailored capital structures and creative underwriting to fit growth-stage company needs, informed by experience across industries.


Portfolio

Global biopharmaceutical company developing differentiated molecules and combination medicines for cancer.

#Life Sciences (biopharmaceuticals)

Company focused on discovering, developing, and commercializing treatments for hematologic diseases.

#Life Sciences (biopharmaceuticals)

Provider of direct primary care services for employers and unions, offering in-person and virtual care.

#Healthcare (direct primary care)

Cyber exposure management and security company focused on real-time risk exposure management.

#Technology (cybersecurity)

Platform for software delivery and release automation for engineering and DevOps teams.

#Technology / SaaS (software delivery)

Defense technology company building autonomous systems and AI pilots for defense applications.

#Technology (defense technology / AI)

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