other material
confidence high
sentiment positive
materiality 0.60
Runway Growth Q2 2024 portfolio: $75.5M funded, $25.3M prepayment
Runway Growth Finance Corp.
- Funded $58.4M to a marketing tech SaaS platform for customer engagement and $17.1M to Onward Medical (spinal cord stimulation therapy).
- Received $25.3M full prepayment from Echo 360 term loan and $1.3M scheduled amortization during the quarter.
- Portfolio at June 30: 47 debt investments to 31 companies and 83 equity investments in 52 companies.
- CEO cites disciplined underwriting, strong pipeline for H2 2024, and confidence in late-stage deal flow.