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Debt & Specialty Finance
triplepointcapital.com

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Investments

123

Portfolio Exits

41

Funds

3

About TriplePoint Capital

TriplePoint Capital is a global specialty finance company focused on serving high-growth private equity and venture capital backed companies with debt financing, equity capital, and complementary services. TriplePoint Capital has been a debt financing provider to Adify, Slide, Coskata, Ilypsa, and various other high profile technology and life sciences companies. Headquartered on Sand Hill Road in Menlo Park, California, TriplePoint Capital partners with high-growth companies globally.

TriplePoint Capital Headquarter Location

2755 Sand Hill Road

Menlo Park, California, 94025,

United States

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Latest TriplePoint Capital News

TriplePoint Venture Growth BDC Corp. Prices Public Offering of Common Stock

Aug 5, 2022

August 04, 2022 10:30 PM Eastern Daylight Time MENLO PARK, Calif.--( BUSINESS WIRE )--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company”) today announced that it has priced an underwritten offering of 3,750,000 shares of its common stock at a price to the public of $13.75 per share for total gross proceeds of approximately $51,562,500, before deducting underwriting commission and discounts and estimated offering expenses. The public offering is expected to close on or about August 9, 2022, subject to the customary closing conditions. In connection with the offering, the Company has granted the underwriters for the offering an option to purchase up to an additional 562,500 shares of the Company’s common stock. The Company expects to initially use all of the net proceeds from this offering to repay outstanding debt borrowed under its credit facility. However, through re-borrowing of the initial repayments under the credit facility, the Company intends to use the funds to make investments in accordance with its investment objectives and strategies, to pay its operating expenses and other cash obligations, and for general corporate purposes. Wells Fargo Securities, Morgan Stanley, Keefe, Bruyette & Woods, A Stifel Company, UBS Investment Bank and Goldman Sachs & Co. LLC, are acting as joint book-running managers for the offering. Deutsche Bank Securities is acting as lead manager, and Compass Point, Ladenburg Thalmann, Oppenheimer & Co., Piper Sandler and KeyBanc Capital Markets are acting as co-managers for the offering. A shelf registration statement relating to the securities to be issued in the offering is on file with and has been declared effective by the Securities and Exchange Commission (the “SEC”). The offering may be made only by means of a prospectus and a related prospectus supplement, copies of which may be obtained, when available, from any of the following investment banks: Wells Fargo Securities, LLC, Attention: Equity Syndicate Department, 500 West 33rd Street, New York, New York, 10001, at (800) 326-5897 or email a request to cmclientsupport@wellsfargo.com ; Morgan Stanley & Co. LLC - Attn: Prospectus Department - 180 Varick Street, 2nd Floor - New York, NY 10014; Keefe, Bruyette & Woods, Inc., Attn: Capital Markets, 787 Seventh Avenue, 4th Floor, New York, NY 10019, telephone: 1-800-966-1559; UBS Securities LLC, Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, or by calling (888) 827-7275, or by email: ol-prospectusrequest@ubs.com ; Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing Prospectus-ny@ny.email.gs.com ;, or by calling toll-free at (866) 803-9204. The preliminary prospectus supplement, dated August 4, 2022, and accompanying prospectus, dated May 26, 2021, each of which has been filed with the SEC, contain a description of these matters and other important information about the Company and should be read carefully before investing. Investors are advised to carefully consider the investment objectives, risks and charges and expenses of the Company before investing. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities in this offering or any other securities nor will there be any sale of these securities or any other securities referred to in this press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction. About TriplePoint Venture Growth BDC Corp. The Company was formed to expand the venture growth stage business segment of TriplePoint Capital LLC, the leading global provider of financing across all stages of development to technology, life sciences and other high growth companies backed by a select group of venture capital firms. The Company’s investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation by lending primarily with warrants to venture growth stage companies. The Company is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. Forward-Looking Statements Statements included herein may constitute “forward-looking statements,” which relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results and conditions may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the SEC. The Company undertakes no duty to update any forward-looking statements made herein. Contacts The IGB Group

TriplePoint Capital Investments

123 Investments

TriplePoint Capital has made 123 investments. Their latest investment was in everdrop as part of their Series B on July 7, 2022.

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TriplePoint Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/14/2022

Series B

everdrop

Yes

1

7/1/2022

Line of Credit

NA-KD

$52.02M

Yes

2

6/28/2022

Seed VC

Shop Circle

$65M

Yes

3

6/14/2022

Line of Credit

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$99M

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10

6/8/2022

Debt

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$99M

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10

Date

7/14/2022

7/1/2022

6/28/2022

6/14/2022

6/8/2022

Round

Series B

Line of Credit

Seed VC

Line of Credit

Debt

Company

everdrop

NA-KD

Shop Circle

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Amount

$52.02M

$65M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

2

3

10

10

TriplePoint Capital Portfolio Exits

41 Portfolio Exits

TriplePoint Capital has 41 portfolio exits. Their latest portfolio exit was Embed on June 21, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/21/2022

Acquired

$99M

6

5/18/2022

Acq - Pending

$99M

1

3/23/2022

Acquired

$99M

8

2/9/2022

Merger

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$99M

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10

12/1/2021

Reverse Merger

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$99M

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10

Date

6/21/2022

5/18/2022

3/23/2022

2/9/2022

12/1/2021

Exit

Acquired

Acq - Pending

Acquired

Merger

Reverse Merger

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

6

1

8

10

10

TriplePoint Capital Fund History

3 Fund Histories

TriplePoint Capital has 3 funds, including TriplePoint Venture Debt Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

10/19/2011

TriplePoint Venture Debt Fund

Venture Leasing

Closed

$1,000M

1

2/1/2006

TriplePoint Capital

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$99M

10

Triple Point Capital Management LP

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10

Closing Date

10/19/2011

2/1/2006

Fund

TriplePoint Venture Debt Fund

TriplePoint Capital

Triple Point Capital Management LP

Fund Type

Venture Leasing

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Status

Closed

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Amount

$1,000M

$99M

Sources

1

10

10

TriplePoint Capital Team

10 Team Members

TriplePoint Capital has 10 team members, including current President, Dean Riskas.

Name

Work History

Title

Status

Dean Riskas

President

Current

Sajal Srivastava

Chief Operating Officer

Current

John Baird

Managing Director

Current

Erez Levy

Managing Director

Current

Aaron Tyler

GrandBanks Capital

Managing Director

Current

Name

Dean Riskas

Sajal Srivastava

John Baird

Erez Levy

Aaron Tyler

Work History

GrandBanks Capital

Title

President

Chief Operating Officer

Managing Director

Managing Director

Managing Director

Status

Current

Current

Current

Current

Current

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