InsightfulValue
← Home
🚀 Sign up Free for Company Insights & Valuation!

Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!

Sign up free  

TriplePoint Venture Growth
TriplePoint Venture Growth

-9.61%

Financial services / Business development company

At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Company at a Glance

Overview
TriplePoint Venture Growth is a publicly traded business development company (BDC) focused on providing debt and equity financing to venture-backed companies. It was founded in 2011 and is headquartered in Menlo Park, California.
The company’s primary goal is to provide flexible and scalable capital solutions to support the growth of its portfolio companies. This can include senior secured loans, convertible debt, and equity investments.
TriplePoint Venture Growth focuses on investing in emerging technology and life sciences companies, with a particular focus on companies in the software, healthcare, and tech-enabled services industries. The company’s portfolio includes well-known companies such as Airbnb, Dropbox, and Fitbit.
In addition to providing capital, TriplePoint Venture Growth also offers strategic support and resources to its portfolio companies. This can include introductions to potential customers and partners, as well as access to the firm’s network of industry experts.
As of 2020, TriplePoint Venture Growth has over $950 million in assets under management and has a track record of successful exits and strong returns for its investors.
Investors interested in TriplePoint Venture Growth can purchase shares of the company’s stock on the Nasdaq exchange under the ticker symbol TPVG.
What is special about the company?
1. Focus on Innovative Companies: TriplePoint Venture Growth focuses on providing financing and support to innovative and high-growth companies in industries such as technology, life sciences, and clean energy.
2. Flexible Financing Solutions: The company offers a range of flexible financing options such as debt, equity, and structured solutions to suit the unique needs of each company it invests in.
3. Experienced Management Team: The team at TriplePoint Venture Growth has extensive experience in venture capital, private equity, and investment banking, making them well-equipped to evaluate and support potential investments.
4. Strong Network: The company has a strong network of partnerships and relationships with leading venture capital firms and entrepreneurs, allowing them to source and evaluate potential investment opportunities.
5. Long-Term Focus: Unlike traditional venture capital firms, TriplePoint Venture Growth takes a long-term approach to investments, providing ongoing support and growth capital to its portfolio companies rather than focusing on short-term returns.
6. Track Record of Success: The company has a strong track record of successful investments and value creation for its shareholders and portfolio companies. It has a history of generating consistent returns for its investors.
7. Publicly Traded Company: TriplePoint Venture Growth is a publicly traded company, providing investors with the opportunity to participate in the growth of innovative companies and potentially earn financial returns.
8. Alignment of Interests: The company’s management and shareholders have significant ownership in the company, aligning their interests with those of its investors and portfolio companies.
9. Diverse Portfolio: TriplePoint Venture Growth has a diverse portfolio of investments across industries, stages of growth, and geographies, reducing the overall risk of its investments.
10. Commitment to Responsible Investing: The company is committed to responsible investing and has policies in place to ensure that its investments align with its values and promote sustainable and ethical practices.
What the company's business model?
The TriplePoint Venture Growth company’s business model is to provide financing and investment solutions to high-growth companies in the technology, healthcare, and other innovative industries. They primarily focus on providing debt financing, equity investments, and other structured financial products to support the growth and development of their portfolio companies. In addition, they also offer strategic guidance, operational support, and networking opportunities to their portfolio companies. Their aim is to generate long-term value for their shareholders through capital appreciation and dividend income. The company typically targets companies with strong management teams, proven business models, and potential for significant growth and profitability. They also have a conservative approach to risk management, which includes extensive due diligence and rigorous underwriting processes.
Interesting facts about the company
1. TriplePoint Venture Growth is a business development company (BDC) that was founded in 2011 and is headquartered in Menlo Park, California.
2. The company was formed by a spin-off from its predecessor, TriplePoint Capital LLC, a venture debt financing provider.
3. TriplePoint Venture Growth is traded on the New York Stock Exchange (NYSE) under the ticker symbol TPVG.
4. As of 2021, the company has a market capitalization of approximately $400 million and manages over $1 billion in assets.
5. TriplePoint Venture Growth focuses on providing debt financing solutions to venture capital-backed technology and life sciences companies.
6. The company’s investment portfolio includes companies in various sectors such as software, healthcare, education, and consumer products.
7. TriplePoint Venture Growth operates as a closed-end fund, meaning it has a fixed number of shares outstanding and is not actively traded on the stock market.
8. The company’s investment strategy includes investing in companies with potential for high growth and strong management teams.
9. TriplePoint Venture Growth has a history of consistent dividend payments since its inception, and as of 2021, it has a dividend yield of over 8%.
10. The company’s CEO is Sajal Srivastava, who has been with TriplePoint Capital since 2007 and was instrumental in the formation of TriplePoint Venture Growth.
11. TriplePoint Venture Growth has received various awards and recognitions, including being named the Best Asset Management Company: Alternative Investments at the 2019 World Finance Investment Management Awards.
12. The company has a strong focus on environmental, social, and governance (ESG) factors and has been recognized for its commitment to sustainability and corporate responsibility.
13. In addition to its main office in Menlo Park, TriplePoint Venture Growth has offices in New York, London, and Silicon Valley.
14. The company has a diverse and experienced team, with a mix of investment professionals, entrepreneurs, and technology executives.
15. TriplePoint Venture Growth has a strong track record of successful exits, with over 25 portfolio companies having gone public or been acquired since its inception.
See Company Due Diligence:

Wait! There's more — sign up for free or log in

© 2024 - 2025 InsightfulValue.com. All rights reserved. Legal