other material
confidence high
sentiment neutral
materiality 0.45
Runway Growth funded $75.3M across 7 investments in Q3 2024
Runway Growth Finance Corp.
- Two new investments: Snap! Mobile ($23M) and Zinnia ($45.3M); $18M and $40M funded at close.
- Upsized Elevate Services loan by $20M (previous $20M), funded $6M during quarter.
- Full principal repayment received from CloudPay, Inc. ($75.0M); Airship Group $10M assigned to JV.
- Portfolio as of Sep 30: 49 debt investments in 32 companies, 86 equity investments in 53 companies.
- Follow-on investments of $6.3M to two existing portfolio companies; JV equity investment of $5M in Airship.