Rand Capital Corporation (NASDAQ: RAND) is a publicly traded venture capital firm and business development company that specializes in providing flexible financing solutions to early- and middle-stage companies. Founded in 1992 and headquartered in Rochester, New York, Rand Capital offers a combination of equity and debt investments tailored to meet the growth and operational needs of its portfolio companies. The firm seeks opportunities across a variety of industries, including technology, healthcare, business services, and manufacturing.
Through its investment arm, Rand Capital provides capital to companies at critical inflection points, helping them to scale operations, expand sales and marketing efforts, and enter new markets. In addition to financial backing, the company’s team offers strategic guidance, governance support, and access to an extensive network of industry relationships. Rand Capital often takes board seats or observer roles to collaborate closely with management teams and align on long-term value creation.
While its investments span the United States, Rand Capital maintains a strong focus on the Northeastern region, particularly Upstate New York, where it has deep community ties and local market expertise. Over its history, the firm has executed numerous transactions, building a diversified portfolio that reflects its disciplined investment philosophy and commitment to driving sustainable growth.
Rand Capital’s leadership is led by Thomas M. Kelly, who serves as Chairman and Chief Executive Officer. The senior management team brings decades of experience in finance, operations and corporate governance. Supported by a board of directors with backgrounds in private equity and public markets, Rand Capital leverages its collective expertise to support entrepreneurs and foster innovation across its portfolio.
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