United States · 
What does Hercules Capital invest in?
Hercules Capital invests most often at Debt and Venture (81% of the rounds on record), in sectors such as Life Sciences and Technology.
Hercules Capital highlights
- 01
13 cheques in the last 12 months
- 02
Mostly Debt and Venture: 81% of its rounds
- 03
Sole investor in 39 rounds, median $15M
- 04
12 exits from the portfolio
What they do
Hercules Capital is the largest business development company focused on venture lending, and the lender of choice for innovative entrepreneurs and their venture capital partners.From their own website
- Type
- Venture debt
- Cheque size
- Not stated
- Stages
- Growth
- Sectors
- Life SciencesTechnology
- Based in
- San Mateo, United States
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first92 appearances
- 2026
12 rounds
- Oct
- Oct
- Sept
- Jul
- Jun
- Jun
- Jun
- Jun
- Mar
- Feb
- Jan
- Jan
- 2025
11 rounds
- Dec
- Nov
- Nov
- Oct
- Oct
- Aug
- Jul
- Jun
- May
- Apr
- Feb
- 2024
11 rounds
- Dec
- Nov
- Nov
- Oct
- Jul
- Jun
- May
- Apr
- Jan
- Jan
- Jan
- 2023
2 rounds
- Nov
- Feb
- 2022
8 rounds
- Nov
- Aug
- Aug
- May
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
The team
Named by the firm itself, on a filing, its Form ADV or its company registration3 named
KZKiersten Zaza BotelhoGeneral Counsel and Chief Compliance Officer of the Investment ManageriFiling they signed
SBScott BluesteinPresident and Chief Executive Officer of the Investment ManageriFiling they signed
SHSeth Hardy MeyerChief Financial Officer and Chief Accounting Officer of the Investment ManageriFiling they signed
We also hold 44 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
What the register says
From the firm's own filings with the SEC, which it must file accurately by law
$1.6Bassets it managesOct 2026
1+funds on filenumbered funds in its name
Registeredinvestment adviserfull reporting to the SEC
- Legal name
- Hercules Adviser LLC
- SEC number
- CRD 310662
Funds on its Form ADV
3 private funds, $1.1B in gross assets · filed Mar 2024
- Hercules Private Credit Fund 1, L.P.Hedge2 investors$537M
- Hercules Private Global Venture Growth Fund I L.P.Hedge10 investors$442M
- Hercules Venture Growth Credit Opportunities Fund 1 L.P.Hedge1 investor$102M
What they claim to have backed
From their own portfolio page (on their website)
0 of 1 we have independently watched raise
Cookiedatabase
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.
Exits from the portfolio
Companies it backed that were later bought or listed12 in all
UnifyBought by AtosUndisclosedNov 2015
IKANO CommunicationsBought by BroadvoiceUndisclosedFeb 2015
Virident SystemsBought by Western Digital Technologies$685MSept 2013
iWattBought by Dialog Semiconductor$345MJul 2013
hi5Bought by if(we)UndisclosedDec 2011
InfoLogixBought by Stanley Black & Decker$61MDec 2010
PSS SystemsBought by IBM (International Business Machines)UndisclosedOct 2010
IntellidenBought by IBM (International Business Machines)UndisclosedFeb 2010
Memory PharmaceuticalsBought by Roche$50MNov 2008
CompeteBought by Taylor Nelson Sofres$150MMar 2008
AGEIA TechnologiesBought by NvidiaUndisclosedFeb 2008
An exit counts when it came after the firm's first round in the company. From historical deal records.