TriplePoint Venture Growth BDC Corp.
TPVY
New York Stock Exchange25.30
USD
+0.00
- -
TriplePoint Venture Growth BDC Corp.
TPVY
(New York Stock Exchange)
Recent
price
25.30
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- TriplePoint Venture Growth BDC Corp. TriplePoint Venture Growth BDC Corp. (TPVG) operates as an externally managed, closed-end, non-diversified business development company under the Investment Company Act of 1940, focusing on providing customized debt and equity financing to venture capital-backed companies at the venture growth stage. Founded in 2013 and headquartered at 2755 Sand Hill Road, Suite 150, Menlo Park, California, the company targets high-growth sectors including technology subsectors such as security, wireless communications equipment, network systems and software, business applications software, big data, cloud computing, data storage, semiconductors, software as a service; life sciences areas like biotechnology, drug discovery, diagnostics, medical devices, pharmaceuticals; and other industries encompassing e-commerce, entertainment. Its core products and services comprise growth capital loans typically ranging from $5 million to $50 million, equipment financings from $5 million to $25 million, revolving loans from $1 million to $25 million, secured and customized loans often structured as lines of credit with warrants, and direct equity investments up to $5 million generally not exceeding 5% of a company's total equity, all designed to generate current income through targeted returns of 10% to 18% with equity upside potential. The company conducts global operations, benefiting from its external manager TriplePoint Advisers LLC, a subsidiary of sponsor TriplePoint Capital LLC, which provides origination capabilities, industry relationships, and a relationship-based lifespan approach across Silicon Valley, San Francisco, New York, and Boston. Recent developments include closing $181.8 million in new debt commitments and funding $88.2 million in debt investments during the third quarter of 2025, marking the highest funding levels in over three years and 11 quarters respectively with a 11.5% weighted average annualized yield at origination; signing $421.1 million in term sheets at the sponsor level; sponsor TriplePoint Capital purchasing 591,235 shares of TPVG common stock in the open market; and increased investment activity such as $17.5 million in new funding and $47.5 million in principal prepayments in subsequent periods.