Venture Lending Landscape

Who are the top venture lending firms for VC-backed companies? We noticed it was surprisingly difficult to find a quality list of active venture debt providers - and decided to fix it. Our list is based on years of industry experience and designed to share a visual landscape of venture debt funds and providers by category, focus, and type of deal

List of Venture Lending Firms - private funds and BDC's

Last updated 5.29.25

Private funds and BDC's offering venture debt and venture lending to private technology companies, often bespoke, but traditionally with 3-4 year terms, interest-only periods followed by amortization, a stream rate or interest rate, final payment amount due at maturity, various prepayment terms, and attached equity or warrant securities that align interests and enhance returns.

There are hundreds of venture debt firms - and we look to list a few here for easy reference. Is your firm not listed? Feel free to reach out. We would welcome the opportunity to learn more about your strategy.

Firm	VC-backed	Early-Stage	Mid-Stage	Later-Stage	Check Size	Focus Area
Hercules	X	X	X	X	$10-100M+	Early-stage and later-stage venture debt across life sciences and technology
WTI	X	X	X	X	$10-50M	Venture debt across stages and sectors
Horizon (Monroe)	X	X	X		$10-50M	Life sciences and technology venture lending
Trinity Capital	X	X	X		$5-25M	Senior and subordinated venture debt across tech and life sciences
Espresso Capital	X	X	X		$5-25M	Venture debt and growth financing
Eastward	X	X	X		$5-30M
Partners for Growth	X		X	X	$10-40M
Runway Growth	X	X	X	X	$5-30M	Venture debt for later-stage and growth companies
Orix	X		X	X	$5-100M	Growth lending and venture debt for technology and healthcare
TriplePoint	X	X	X		$5-30M
Oxford Finance			X	X	$10-100M+	Enterprise lending for healthcare, life sciences, and SaaS