TriplePoint Venture Growth BDC Corp

NYSE: tpvg
$9.55
+$0.15 (+1.6%)
Closing price April 26, 2024
TriplePoint Venture Growth BDC Corp is a financial firm focusing on providing capital to growing venture capital-backed companies. It offers a variety of financing options, including growth capital loans, equipment financing, and direct equity investments. The company primarily invests in sectors like e-commerce, entertainment, technology, and life sciences, covering a wide range of subsectors from software and cloud computing to biotechnology and medical devices. Investment amounts vary, aiming for returns between 10% and 18%, without taking board seats in the companies it invests in.
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