Vencore Capital provides venture debt financing to early-stage, emerging-growth companies. Since 2003, Vencore Capital has provided over $125 million in venture debt capital to more than 200 angel- and VC-backed companies. Approximately 70% of the company’s clients are start-ups backed by founders and angel investors, while the balance are later-stage companies backed by venture capital firms.
Vencore Capital provides clients with rapid access to capital to support strategic growth initiatives, including critical capital equipment purchases, product development, and go-to-market strategies. By leveraging funds from Vencore, companies can extend their operating cash runway, achieve key milestones, move closer to breakeven/profitability, increase company valuation, and minimize shareholder dilution.
Vencore Capital is unique among venture debt financing firms because of its focus on providing funds earlier in a company’s growth cycle and its willingness to do smaller deals ($75,000 to $2,000,000) with more flexible structures and pricing tailored to each client’s specific needs.