Runway Growth Finance Corp. provided an operational and portfolio update for the fourth quarter ended December 31, 2024. During this quarter, the company funded seven investments, including two new portfolio companies and five existing ones, representing $80.1 million in funded loans net of refinances and upfront origination fees.
As of December 31, 2024, Runway Growth's portfolio included 47 debt investments across 32 portfolio companies and 88 equity investments in 53 portfolio companies. These investments are concentrated in high-growth sectors such as technology, healthcare, and consumer services.
Significant liquidity events in the fourth quarter included a full repayment of $10.0 million from Betterment Holdings, Inc. on October 9, 2024. Additionally, a full repayment of $18.5 million from Predactiv, Inc. (fka Sharethis, Inc.) and a partial repayment of $2.1 million from FiscalNote Holdings, Inc. both occurred on October 31, 2024.
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