Hercules Capital, Inc. is a specialty finance company and business development company that provides financing to venture capital- and private equity-backed companies. Founded in 2003, the company was formerly known as Hercules Technology Growth Capital and focuses on supporting businesses in technology, life sciences, and other innovation-oriented industries.
Hercules Capital offers secured and unsecured venture debt, growth capital, equipment financing, working capital facilities, acquisition financing, and recapitalization solutions. Its financing is generally designed for companies that may be developing products, expanding operations, or preparing for strategic transactions, and can provide an alternative or supplement to traditional equity funding.
The company serves primarily emerging-growth companies in the United States, while also pursuing opportunities in select international markets, including Europe. Hercules Capital is headquartered in Palo Alto, California, and is led by Chief Executive Officer, President, and Chief Investment Officer Scott Bluestein.
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