Rand Capital BDC
Overview
Rand Capital Corporation (Nasdaq: RAND) is an externally managed business development company (BDC). The Company's investment objective is to maximize total return to its shareholders with current income and capital appreciation by focusing its debt and related equity investments in privately-held, lower middle market companies with committed and experienced managements in a broad variety of industries . Rand primarily invests in businesses that have sustainable, differentiated and market-proven products, revenue of more than $10 million and EBITDA in excess of $1.5 million .
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Synacor Inc. | Oct 2006 | Series C | Co-investor |
| KNOA | Dec 2012 | Series A | Co-investor |
| Rheonix | Oct 2015 | Series B | Lead |
| GoNoodle | Dec 2015 | Strategic | Co-investor |
| Knovio | Mar 2015 | VC Round | Co-investor |
For institutional investors. Book with your work email.
Key People
Dan Penberthy
President and Chief Executive Officer
Margaret Whalen Brechtel
Executive Vice President, Treasurer, Chief Financial Officer and Secretary
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Rand Capital BDC based?
Rand Capital BDC is headquartered in United States.
When was Rand Capital BDC founded?
Rand Capital BDC was founded in 1969.
How many portfolio companies does Rand Capital BDC have?
Rand Capital BDC has 13 portfolio companies in Caplight's dataset.
What are some companies in Rand Capital BDC's portfolio?
Portfolio companies visible on Caplight include Synacor Inc., KNOA, Rheonix, GoNoodle, Knovio.
What was Rand Capital BDC's most recent investment shown here?
Rand Capital BDC's most recent investment in this portfolio sample was in GoNoodle in 2015.
What sectors does Rand Capital BDC focus on?
Rand Capital BDC focuses on Healthcare & Life Sciences, Enterprise Software, Enterprise Software, Consumer & Commerce, Healthcare & Life Sciences, Frontier & Industrial Tech, Enterprise Software, Healthcare & Life Sciences, Frontier & Industrial Tech, Media, Entertainment & Gaming, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, FinTech, Telecommunications & Networking, Enterprise Software, Energy & Sustainability, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Enterprise Software.
What company stages does Rand Capital BDC focus on?
Rand Capital BDC typically invests at the MultiStage stage.
What is Rand Capital BDC's AUM?
Rand Capital BDC's assets under management are estimated between $50.0M and $100.0M.