TriplePoint Capital
TriplePoint Capital is a private global venture-debt and equity financing platform founded in 2006 that provides non-dilutive loans, asset-based lending, and selective equity co-investments to venture-capital-backed growth companies from seed through pre-IPO across AI, SaaS, fintech, deeptech, healthcare, consumer, and proptech verticals in 25+ countries.
- Company typePrivate
- Founded1987
- HeadquartersMenlo Park, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What TriplePoint Capital does
TriplePoint Capital, founded in 2006 by venture-leasing pioneers Jim Labe (founder of Comdisco Ventures in 1987, credited with coining the terms 'venture leasing,' 'venture lending,' and 'venture debt') and Sajal Srivastava, is a private global financing platform that provides non-dilutive debt and selective equity capital to venture-capital-backed companies from seed through pre-IPO. The firm launched with $310 million in 2006 and scaled to over $15 billion in cumulative committed capital across more than 1,000 portfolio companies in 25+ countries, executing a milestone $1 billion private capital raise led by Wafra Capital Partners in 2011 that was, at the time, the largest capital raise in the 30-year history of the venture debt industry. TriplePoint operates from Menlo Park (headquarters), New York, and San Francisco, with its publicly traded subsidiary TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) functioning as the regulated, permanent-capital vehicle for venture-growth lending; Goldman Sachs Asset Management's AIMS Group became a ~9% anchor shareholder in TPVG in 2017.
The firm's core products span Venture Debt (growth-capital loans, ARR/MRR loans, customer-value financing, M&A facilities) and Asset-Based Lending (working-capital revolvers, equipment loans, warehouse facilities), supplemented by selective equity co-investments and fund-of-funds investments in top-tier venture firms. Loan structures are bespoke and negotiated deal-by-deal, with revenue generated through interest payments, origination fees, warrants, and carried interest. TriplePoint targets companies across horizontal verticals — AI, enterprise software & infrastructure, fintech, deeptech (aerospace, robotics, defense, energy), healthcare & digital health, consumer products & media, and proptech — and differentiates through a 'Lifespan Partnership' model that supports borrowers across every stage of the venture lifecycle, covenant-light terms that preserve founder equity, and deep referential trust with top-tier venture capital firms that originate a majority of deal flow. Marquee historical portfolio includes CrowdStrike, Workday, Nutanix, Square/Block, Etsy, Fiverr, Revolut, and Beyond Meat; recent 2024–2026 active deals span Overland AI (defense), Mirelo (AI audio), Luxury Presence (proptech / AI CRM), Bestow (insurtech), Zing Coach (AI fitness), and Regie.ai (sales AI). The firm is recognized as a pioneer of venture debt globally, having won the 2018 Investors Allstars 'Europe's Specialist Lender of the Year' award.
TriplePoint Capital firmographics
Firmographics- Name
- TriplePoint Capital
- Legal name
- TriplePoint Capital LLC
- Website
- http://www.triplepointcapital.com
- Company type
- Private
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- TriplePoint Capital is a private global venture-debt and equity financing platform founded in 2006 that provides non-dilutive loans, asset-based lending, and selective equity co-investments to venture-capital-backed growth companies from seed through pre-IPO across AI, SaaS, fintech, deeptech, healthcare, consumer, and proptech verticals in 25+ countries.
- Ownership category
- akta.pro rank
TriplePoint Capital industry classification
Industry- Product category
- Venture Debt Financing
- NAICS
- Credit Intermediation and Related Activities (522)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Venture Growth / Recurring Revenue Credit Funds (FSANAIAG)
- akta.pro secondary industries
- Independent Venture Debt Funds / Platforms (FSANAIAB), Direct Lending — Venture Debt (FSAHAJAD)
Keywords
Where TriplePoint Capital is headquartered
LocationHeadquarters
- HQ city
- Menlo Park
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
TriplePoint Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Venture Debt / Growth Capital Loans: TriplePoint Capital provides non-dilutive venture debt financing to VC-backed companies, generating revenue through interest payments (typically floating or fixed rates), origination fees, and warrant coverage (equity stakes) in portfolio companies. This is the core revenue driver. Loan structures include growth capital loans, ARR/MRR loans, customer value financing, M&A facilities, equipment loans, and working capital revolvers.
- Equity Co-Investments: TriplePoint selectively co-invests in equity rounds alongside VC partners, participating as a minority equity holder. Returns are realized through capital gains upon exits (IPOs, acquisitions). This aligns incentives with founders and creates upside participation beyond debt returns.
- Fund-of-Funds Investing: TriplePoint invests in top-tier venture capital funds, earning management fee income and carried interest distributions from fund partners. This diversifies revenue and strengthens ecosystem relationships.
- Asset-Based Lending: Provides working capital revolvers, equipment loans, and warehouse facilities to portfolio companies, generating interest income and fees against pledged assets (receivables, inventory, equipment).
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
TriplePoint Capital product offering
Product offeringCore offering
TriplePoint Capital provides non-dilutive venture debt financing and selective equity investments to venture capital-backed growth-stage companies. Its debt offerings include growth capital loans, ARR/MRR loans, customer value financing, M&A facilities, equipment loans, working capital revolvers, and warehouse facilities. The firm supports companies from Series A through pre-IPO across AI, enterprise software, fintech, healthcare, deeptech, and consumer sectors.
Product overview
TriplePoint Capital is a leading global financing platform that provides venture debt, equity investments, and fund-of-funds investing to high-growth companies. Their core offerings include Venture Debt products (Growth Capital Loans, ARR/MRR Loans, Customer Value Financing, M&A Facilities) and Asset-Based Lending solutions (Working Capital Revolvers, Equipment Loans, Warehouse Facilities). The company also offers Equity Investments and Fund-of-Funds Investing. TriplePoint serves companies across multiple industry verticals including AI, Enterprise Software & Infrastructure, FinTech, Consumer Products & Media, DeepTech, Healthcare, PropTech, and Other Industries. The platform is designed to support companies from seed stage through IPO, providing flexible, non-dilutive capital that preserves ownership while enabling growth.
Differentiator
Problem solved
Functional benefit
Products and services
- Venture Debt Flexible, non-dilutive capital for VC-backed companies designed to scale with their businesses. Supports growth between equity rounds and preserves ownership. Underlying instruments include growth capital loans, ARR/MRR loans, customer value financing, and M&A facilities.
- Asset-Based Lending Non-dilutive funding solutions that help companies leverage receivables, inventory, and other assets. Includes working capital revolvers, equipment loans, and warehouse facilities for VC-backed companies.
- Equity Investments Selective equity partnerships alongside close VC partners in founder-led companies. Disciplined equity participation that aligns incentives and enhances flexibility for growth and long-term value creation.
- Fund-of-Funds Investing Investments in top-tier venture firms to strengthen relationships and commitment to the broader VC ecosystem. Generates management fee income and carried interest distributions from fund partners.
Quantifiable outcome
- 30 IPOs and 55 Exits in AI sector alone
- +3 more outcomes
Companies that use TriplePoint Capital
Customer profileNamed customers16 records
Segments7 records
Ideal customer profiles4 records
TriplePoint Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
TriplePoint Capital partnerships and signals
Strategic signalScale indicators11 records
Recent moves11 records
Expansion highlights5 records
TriplePoint Capital competitors and assessment
Company assessmentDirect peers
- Hercules Capital: Hercules Capital (NYSE: HTGC) is the largest publicly traded specialty finance company focused on venture debt to VC-backed, technology and life sciences companies. It is the most direct comp to TriplePoint's venture debt business, with overlapping product set (growth capital, ARR loans, equipment loans), similar target customer (Series A through pre-IPO), and public BDC structure analogous to TPVG.
- Trinity Capital: Trinity Capital (Nasdaq: TRIN) is a specialty lender providing venture debt, equipment financing, and working capital to growth-stage companies. It directly competes with TriplePoint in AI/tech venture debt and is publicly identified as a co-lender on GPU-backed AI startup financings.
- Horizon Technology Finance: Horizon Technology Finance (NASDAQ: HRZN) is a specialty finance company providing venture debt to development-stage companies in technology, life sciences, healthcare, and cleantech. It overlaps directly with TriplePoint's venture debt product suite and similar stage / sector focus.
- Runway Growth Finance: Runway Growth Finance (NASDAQ: RWAY) provides venture debt to growth-stage companies seeking non-dilutive capital. Its target borrower (VC-backed, Series A through pre-IPO) and product offering (growth loans, working capital revolvers) map closely to TriplePoint's core venture debt book.
- CIBC Innovation Banking: CIBC Innovation Banking is the venture debt arm of Canadian Imperial Bank of Commerce providing growth capital, venture debt, and cash management to VC-backed technology and innovation companies in North America and the UK. It is a direct competitor serving the same financing gap TriplePoint targets.
Broad incumbents
- Silicon Valley Bank (First Citizens Bank): Silicon Valley Bank — now operated by First Citizens Bank after its 2023 acquisition — historically dominated venture banking and venture debt for VC-backed startups. It offers a broader product suite (deposits, treasury, lending) but overlaps with TriplePoint on growth capital and venture lending for technology companies.
- Western Alliance Bancorporation: Western Alliance acquired Bridge Bank, a long-standing venture debt provider to technology and life sciences companies. As a large commercial bank holding company, it competes in the venture debt segment from a much broader balance-sheet base than TriplePoint.
- Golub Capital: Golub Capital is a large direct-lending and private credit firm (NASDAQ: BCSF BDC) providing senior secured loans to middle-market and sponsor-backed companies. While more sponsor-finance focused than TriplePoint, it represents the broader direct lending / private credit incumbent set competing for venture-backed growth-stage deals.
- Sixth Street Partners: Sixth Street is a large global investment firm with multi-billion-dollar direct lending and venture debt programs (e.g., Tailwind Capital). It is a broad incumbent in the alternative credit space competing with TriplePoint for venture-backed and growth-stage debt mandates.
- Ares Capital Corporation: Ares Capital (NASDAQ: ARCC) is one of the largest publicly traded BDCs providing senior secured, mezzanine, and equity-linked debt to middle-market companies. It is a broad incumbent in private credit / business credit that overlaps with TriplePoint on growth-stage venture-adjacent financings and asset-based lending.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
TriplePoint Capital social profiles
Digital presenceTriplePoint Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
TriplePoint Capital leadership team
Management profileNumber of profiles
Profiles20 records
TriplePoint Capital subsidiaries and ownership
Company hierarchySubsidiaries1 record
TriplePoint Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TriplePoint Capital M&A and investment
M&A and investmentM&A
Investments226 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TriplePoint Capital
What does TriplePoint Capital do?
TriplePoint Capital provides non-dilutive venture debt financing and selective equity investments to venture capital-backed growth-stage companies. Its debt offerings include growth capital loans, ARR/MRR loans, customer value financing, M&A facilities, equipment loans, working capital revolvers, and warehouse facilities. The firm supports companies from Series A through pre-IPO across AI, enterprise software, fintech, healthcare, deeptech, and consumer sectors.
Is TriplePoint Capital a public or private company?
TriplePoint Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was TriplePoint Capital founded?
TriplePoint Capital was founded in 1987. It employs 51 to 100 people.
Where is TriplePoint Capital based?
TriplePoint Capital is headquartered in Menlo Park, United States, in the North America region.
How does TriplePoint Capital make money?
Four revenue lines are on record. Venture Debt / Growth Capital Loans are the primary driver. The others are equity Co-Investments, fund-of-Funds Investing and asset-Based Lending.
Who are TriplePoint Capital's main competitors?
Direct peers on record are Hercules Capital, Trinity Capital, Horizon Technology Finance, Runway Growth Finance and CIBC Innovation Banking. Broad incumbents are Silicon Valley Bank (First Citizens Bank), Western Alliance Bancorporation, Golub Capital, Sixth Street Partners and Ares Capital Corporation.
Does TriplePoint Capital have an API?
No public API is recorded for TriplePoint Capital.
What industry is TriplePoint Capital in?
TriplePoint Capital's product category is Venture Debt Financing. Its primary akta.pro industry code is FSANAIAG, Venture Growth / Recurring Revenue Credit Funds, with a secondary code of FSANAIAB, Independent Venture Debt Funds / Platforms. Its NAICS code is 522 and its SIC code is 6159.