other material
confidence high
sentiment neutral
materiality 0.55
Runway Growth Q1 portfolio update: $25M funded, $34.5M prepayments
Runway Growth Finance Corp.
- Funded $25M in Q1: $20M to new auto-tech firm, $5M follow-on to Madison Reed hair-color company.
- Received $34.5M prepayments: $27.4M from FiscalNote (NYSE: NOTE) and $7.1M from Marley Spoon (ETR: MS1).
- Scheduled principal amortization of $0.4M during quarter.
- Portfolio as of Mar 31: 47 debt investments to 30 companies, 80 equity investments in 49 companies.
- CEO Greifeld emphasized disciplined lending strategy and strong pipeline in late-stage companies.