other material
confidence high
sentiment positive
materiality 0.55
Runway Growth Q4 portfolio update: $154.6M in new investments, $61.7M in prepayments
Runway Growth Finance Corp.
- Funded eight investments totaling $154.6M, including $40M to Blueshift, $37.5M to Linxup, and upsized $65M to Synack.
- Received $61.7M in prepayments (full repayment of Vero Biotech $40M, partial of Brivo $21.7M).
- Net originations of $36.0M for Q4 2023.
- Portfolio as of Dec 31, 2023: 31 debt investments in 29 portfolio companies, 76 equity investments.
- Management sees growing opportunity in 2024, with expected increase in deal flow.