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Runway Growth Finance RWAY · USD

Financials · US listing · 🇺🇸 United States

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6.60

-1.35%

Close of 9 Nov 2026, in USD

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About Runway Growth Finance

From its filings with the US Securities and Exchange Commission

SEC filings

Runway Growth Finance is based in Chicago, Illinois and is incorporated in Maryland. Its shares trade on Nasdaq under the ticker RWAY. In the fiscal year to 31 December 2025, it reported net income of $34.0m. At that date it held total assets of $960.1m and shareholders' equity of $485.0m.

In its own words

Runway Growth Finance Corp. ("we," "us," "our," or the "Company"), a Maryland corporation formed on August 31, 2015, is structured as an externally managed, non-diversified closed-end management investment company. On August 18, 2021, we changed our name to "Runway Growth Finance Corp." from "Runway Growth Credit Fund Inc." We are a specialty finance company focused on providing senior secured loans to high growth-potential companies in technology, healthcare, business services, financial services, select consumer services and products and other high-growth industries. Our goal is to create significant value for our stockholders and the entrepreneurs we support by providing high growth-potential companies with hybrid debt and equity financing that is more flexible than traditional credit and less dilutive than equity. Our investment objective is to maximize our total return to our stockholders primarily through current income on our loan portfolio, and secondarily through capital gains on our warrants and other equity positions. We are managed by Runway Growth Capital, an experienced provider of growth financing for dynamic, late- and growth-stage companies. As of December 31, 2025, we had an investment portfolio of $927.4 million at fair value, and a net asset value of $485.0 million. Our offices are in Chicago, Illinois; Menlo Park, California; and New York, New York.

Quoted from its 10-K, filed 12 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Financials
Industry
Capital Markets
Listed since
21 Oct 2021
Head office
205 N. MICHIGAN AVE., CHICAGO, IL, 60601
Incorporated in
MD
Filer status
<br>Emerging growth company

Leadership

Pay as last reported

  • Mr. Ted GoldthorpeChairman of the Board, since 2025
  • Mr. R. David SprengPresident, Chief Executive Officer, Director, since 2025
  • Mr. Thomas RatermanChief Financial Officer, Chief Operating Officer, Treasurer, Secretary
  • Ms. Colleen CorwellChief Compliance Officer
  • Ms. Kwon ChouIndependent Director
  • Mr. Alexander DukaIndependent Director
  • Ms. Catherine FreyIndependent Director
  • Mr. Gary KovacsIndependent Director$112,000
  • Ms. Julie PersilyIndependent Director$112,000
  • Mr. Robert WarshauerIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Headquartered in Chicago, Illinois with a focus on high-growth industries.
  • Provides senior secured loans to companies in technology, life sciences, and healthcare sectors.
  • Externally managed by Runway Growth Capital LLC for investment strategy.

Weaknesses

  • Currently employs 0 full-time employees, indicating potential operational limitations.
  • IPO occurred in 2021, suggesting a relatively new market presence.
  • Relies on external management for investment decisions, which may introduce dependency.

Opportunities

  • Expanding into high-growth industries such as technology and healthcare services.
  • Potential for increased capital appreciation through warrants and equity positions.
  • Growing demand for senior secured loans in high-growth sectors.

Threats

  • Market volatility affecting high-growth company investments.
  • Competition from other financial services firms in loan origination.
  • Regulatory changes impacting investment strategies in financial services.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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