RWAY
Runway Growth Finance
Portfolio Fair Value
$1.00B
102 holdings
Avg Spread
+6.51%
FV-weighted, debt
Avg Coupon
6.25%
FV-weighted
% First Lien
92.2%
of debt FV
Unrealized P/L
-$46.94M
-4.47% of cost
Non-Accrual
0
text-detected
Balance sheet
Assets$1.03B
Liabilities + Equity$1.03B
First Lien
$926.20M · 89.7%
First Lien
$926.20M · 89.7%
Second Lien
$20.32M · 2.0%
Equity
$57.71M · 5.6%
Cash & Equivalents
$18.36M · 1.8%
Other Assets
$10.31M · 1.0%
Debt (Borrowings)
$492.21M · 47.7%
Debt (Borrowings)
$492.21M · 47.7%
Other Liabilities
$37.40M · 3.6%
Net Assets (Equity)
$503.29M · 48.7%
Net Assets (Equity)
$503.29M · 48.7%
Industry Composition
Unclassified
77.1%
Application Software
22.3%
Multi-Sector Holdings
0.6%
Spread Distribution
2.5%
3.0%
3.5%
4.5%
5.0%
5.5%
6.0%
6.5%
7.0%
7.5%
8.0%
8.5%
9.0%
9.5%
Schedule of Investments
All holdings
All holdings
Sortable, click headers to re-sort
102 of 149
| Issuer | Industry | Type | Fair Value | Cost | Unrealized | Coupon | Spread | Maturity |
|---|---|---|---|---|---|---|---|---|
Property & Casualty Insurance Kin Insurance, Inc. | — | Senior Secured | $76.87M | $76.11M | $758.0K | — | +6.25% | 2026-09-15 |
System Software 3PL Central LLC (dba Extensiv) | — | Senior Secured Investment Rate SOFR+7.00%, 9.00% floor, 5.00% ETP | $69.94M | $72.97M | -$3.03M | — | +7.00% | 2025-09-30 |
Airship Group, Inc. | Application Software | Senior Secured | $50.00M | $49.01M | $995.0K | — | +3.75% | 2028-06-15 |
Internet Software and Services Synack, Inc. | — | Senior Secured | $42.60M | $42.36M | $245.0K | — | +7.00% | 2028-12-29 |
Piano Software, Inc. | Application Software | Senior Secured | $42.10M | $42.05M | $48.0K | — | +7.25% | 2029-12-31 |
Healthcare Technology EBR Systems, Inc. | — | Senior Secured | $40.79M | $40.19M | $599.0K | — | +4.90% | 2027-06-15 |
Non- Control/ Non- Affiliate Investments Debt Investments Data Processing & Outsourced Services Interactions Corporation | — | Investment Type Senior Secured Interest Rate SOFR+9.26%, 9.76% floor, 3.9375% E T P Initial Acquisition Date 6/24/2022 Maturity Date 6/15/2027 | $40.40M | $40.45M | -$57.0K | — | +9.26% | 2027-06-15 |
Electronic Equipment & Instruments Brivo, Inc. | — | Senior Secured | $39.77M | $39.76M | $11.0K | — | +7.25% | 2029-12-15 |
Data Processing & Outsourced Services Elevate Services, Inc. | — | Senior Secured | $39.45M | $38.13M | $1.32M | — | +7.50% | 2027-07-10 |
Internet Software and Services Zinnia Corporate Holdings, LLC | — | Senior Secured | $39.43M | $39.26M | $171.0K | — | +8.00% | 2029-09-21 |
VTX Intermediate Holdings, Inc. (dba VertexOne) | Application Software | Senior Secured | $34.82M | $34.81M | $16.0K | — | +7.00% | 2029-09-24 |
Healthcare Technology Route 92 Medical, Inc. | — | Senior Secured Investment Rate SOFR+7.00%, 9.00% floor, 3.95% ETP | $34.09M | $34.09M | $0.00 | — | +7.00% | 2029-03-31 |
Internet & Direct Marketing Retail Marley Spoon SE | — | Senior Secured | $33.53M | $43.16M | -$9.63M | — | +8.75% | 2027-06-15 |
System Software Linxup, LLC | — | Senior Secured Investment Rate PRIME+3.25%, 11.75% floor, 2.25% ETP | $30.60M | $29.85M | $756.0K | — | +3.25% | 2027-11-15 |
Internet Software and Services Bombora, Inc. | — | Senior Secured | $29.34M | $29.13M | $204.0K | — | +4.75% | 2028-01-15 |
Data Processing & Outsourced Services Hurricane Cleanco Limited | — | Senior Secured | $27.94M | $27.12M | $817.0K | 6.25% | — | 2029-11-22 |
Human Resource & Employment Services JobGet Holdings, Inc. (fka Snagajob.com, Inc.) | — | Equity Series C-1 Preferred Stock | $26.68M | $36.50M | -$9.83M | — | — | — |
Healthcare Technology SetPoint Medical Corporation | — | Senior Secured | $25.99M | $25.29M | $693.0K | — | +5.75% | 2027-12-01 |
FiscalNote, Inc. | Application Software | Senior Secured | $25.66M | $26.13M | -$472.0K | — | +5.00% | 2027-07-15 |
Internet Software and Services Skillshare, Inc. | — | Senior Secured | $24.22M | $24.40M | -$183.0K | — | +6.50% | 2026-11-08 |
Blueshift Labs, Inc. | Application Software | Senior Secured | $23.24M | $25.91M | -$2.66M | — | +6.25% | 2028-12-15 |
Data Processing & Outsourced Services Vesta Payment Solutions, Inc. | — | Senior Secured | $22.25M | $25.59M | -$3.34M | — | +7.00% | 2026-11-15 |
Healthcare Technology Nalu Medical, Inc. | — | Senior Secured Investment Rate PRIME+2.70%, 6.70% floor, 2.00% PIK, 4.50% ETP | $21.98M | $21.21M | $773.0K | — | +2.70% | 2027-10-12 |
Circadence Corporation | Application Software | Senior Secured | $20.32M | $25.10M | -$4.78M | — | +9.50% | 2025-12-15 |
Internet Software and Services CarNow, Inc. | — | Senior Secured | $18.20M | $17.96M | $245.0K | — | +7.25% | 2029-03-22 |
Snap! Mobile, Inc. | Application Software | Senior Secured | $17.72M | $17.57M | $146.0K | — | +7.50% | 2028-09-30 |
Healthcare Technology Onward Medical, N.V. | — | Senior Secured Investment Rate SOFR+6.50%, 10.75% floor, 2.50% ETP | $16.99M | $16.73M | $264.0K | — | +6.50% | 2028-06-15 |
Internet & Direct Marketing Retail Madison Reed, Inc. | — | Senior Secured | $16.53M | $16.36M | $165.0K | — | +4.75% | 2026-12-16 |
Healthcare Equipment Moximed, Inc. | — | Senior Secured | $15.38M | $15.12M | $264.0K | — | +5.25% | 2027-07-01 |
System Software Dejero Labs Inc. | — | Second Lien Investment Rate SOFR+8.00%, 8.50% floor, 2.00% PIK, 3.00% ETP | $14.51M | $14.80M | -$292.0K | — | +8.00% | 2025-12-22 |
Healthcare Technology CareCloud, Inc. | — | Equity 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock | $8.98M | $12.13M | -$3.15M | — | — | — |
Runway-Cadma I LLC | Multi-Sector Holdings | Equity 50% Equity Interest | $5.88M | $5.60M | $279.0K | — | — | — |
VTX Intermediate Holdings, Inc. (dba VertexOne) | Application Software | Second Lien | $5.80M | $5.75M | $57.0K | — | — | 2029-09-24 |
Internet Software and Services CarNow, Inc. | — | Warrants Common Stock | $2.59M | $2.40M | $193.0K | — | — | 2034-03-22 |
Human Resource & Employment Services JobGet Holdings, Inc. (fka Snagajob.com, Inc.) | — | Senior Secured | $2.57M | $3.77M | -$1.20M | — | +8.50% | 2025-11-15 |
Healthcare Technology Mingle Healthcare Solutions, Inc. | — | Senior Secured | $2.40M | $4.89M | -$2.48M | — | +9.75% | 2026-12-15 |
Aria Systems, Inc. | Application Software | Warrants Series G Preferred Stock | $1.28M | $1.05M | $235.0K | — | — | 2028-06-29 |
Human Resource & Employment Services CloudPay, Inc. | — | Warrants Series B Preferred Stock | $1.27M | $218.0K | $1.06M | — | — | 2030-06-30 |
Data Processing & Outsourced Services Pivot3, Inc. | — | Equity 100% Equity Interest | $995.0K | $950.0K | $45.0K | — | — | — |
Blueshift Labs, Inc. | Application Software | Senior Secured | $938.0K | $503.0K | $435.0K | — | +6.25% | 2028-12-15 |
Healthcare Technology Route 92 Medical, Inc. | — | Warrants Success Fee | $833.0K | $833.0K | $0.00 | — | — | 2035-03-31 |
Healthcare Technology EBR Systems, Inc. | — | Warrants Success fee | $762.0K | $605.0K | $157.0K | — | — | 2032-06-30 |
Technology Hardware, Storage & Peripherals zSpace, Inc. | — | Equity Common Stock | $601.0K | $1.12M | -$518.0K | — | — | — |
Data Processing & Outsourced Services Elevate Services, Inc. | — | Warrants Series C Preferred Stock | $469.0K | $447.0K | $22.0K | — | — | 2033-07-10 |
Data Processing & Outsourced Services Elevate Services, Inc. | — | Warrants Series C Preferred Stock | $445.0K | $377.0K | $68.0K | — | — | 2034-07-17 |
Airship Group, Inc. | Application Software | Warrants Series F Preferred Stock | $433.0K | $414.0K | $19.0K | — | — | 2034-06-28 |
Internet Software and Services Skillshare, Inc. | — | Warrants Success Fee | $417.0K | $301.0K | $116.0K | — | — | — |
Circadence Corporation | Application Software | Warrants Success fee | $415.0K | $304.0K | $111.0K | — | — | — |
Snap! Mobile, Inc. | Application Software | Warrants Investment Rate Series B Preferred Stock | $387.0K | $345.0K | $42.0K | — | — | — |
Specialized Consumer Services Credit Sesame, Inc. | — | Warrants Common Stock | $367.0K | $425.0K | -$58.0K | — | — | 2030-01-07 |
Internet Software and Services INRIX, Inc. | — | Warrants Common Stock | $353.0K | $522.0K | -$169.0K | — | — | 2029-07-26 |
Piano Software, Inc. | Application Software | Warrants Series D Preferred Stock | $348.0K | $348.0K | $0.00 | — | — | 2034-12-31 |
Healthcare Technology Onward Medical, N.V. | — | Warrants Common Stock | $329.0K | $340.0K | -$11.0K | — | — | 2034-09-26 |
Healthcare Technology SetPoint Medical Corporation | — | Warrants Series B Preferred Stock | $325.0K | $74.0K | $251.0K | — | — | 2032-12-29 |
Property & Casualty Insurance Kin Insurance, Inc. | — | Warrants Series D-3 Preferred Stock | $301.0K | $426.0K | -$125.0K | — | — | 2032-09-26 |
Aria Systems, Inc. | Application Software | Equity Investment Rate Series G Preferred Stock | $285.0K | $250.0K | $35.0K | — | — | — |
Electronic Equipment & Instruments Brivo, Inc. | — | Warrants Series A-2 Preferred Stock | $274.0K | $98.0K | $176.0K | — | — | 2032-10-20 |
System Software Linxup, LLC | — | Warrants Success fee | $239.0K | $253.0K | -$14.0K | — | — | 2033-11-03 |
Healthcare Technology SetPoint Medical Corporation | — | Warrants Series B Preferred Stock | $217.0K | $14.0K | $203.0K | — | — | 2031-06-29 |
Blueshift Labs, Inc. | Application Software | Warrants Success fee | $196.0K | $167.0K | $29.0K | — | — | — |
Internet & Direct Marketing Retail Madison Reed, Inc. | — | Warrants Success fee | $195.0K | $209.0K | -$14.0K | — | — | — |
Internet Software and Services Synack, Inc. | — | Warrants Common Stock | $194.0K | $158.0K | $36.0K | — | — | 2032-06-30 |
FiscalNote, Inc. | Application Software | Equity Common Stock | $186.0K | $438.0K | -$252.0K | — | — | — |
System Software Dejero Labs Inc. | — | Warrants Common Stock | $167.0K | $192.0K | -$25.0K | — | — | 2029-05-31 |
VTX Holdings, LLC | Application Software | Equity Investment Rate Series C Preferred Units | $146.0K | $143.0K | $3.0K | — | — | — |
Technology Hardware, Storage & Peripherals RealWear, Inc. | — | Warrants Series A-1 Preferred Stock | $145.0K | $89.0K | $56.0K | — | — | 2028-10-05 |
Advertising Minute Media Inc. | — | Equity Preferred Stock | $132.0K | $120.0K | $12.0K | — | — | — |
Internet Software and Services Bombora, Inc. | — | Warrants Common Stock | $127.0K | $174.0K | -$47.0K | — | — | 2031-03-31 |
Human Resource & Employment Services CloudPay, Inc. | — | Warrants Series D Preferred Stock | $110.0K | $176.0K | -$66.0K | — | — | 2032-09-26 |
Healthcare Technology VERO Biotech LLC | — | Warrants Success Fee | $106.0K | $377.0K | -$271.0K | — | — | 2025-12-29 |
Technology Hardware, Storage & Peripherals RealWear, Inc. | — | Warrants Series A-1 Preferred Stock | $78.0K | $250.0K | -$172.0K | — | — | 2029-06-27 |
Healthcare Technology Nalu Medical, Inc. | — | Warrants Series D-2 Preferred Stock | $76.0K | $173.0K | -$97.0K | — | — | 2032-10-12 |
Data Processing & Outsourced Services Predactiv, Inc. (fka Sharethis, Inc.) | — | Warrants Series D-3 Preferred Stock | $73.0K | $2.16M | -$2.09M | — | — | 2028-12-03 |
Human Resource & Employment Services CloudPay, Inc. | — | Warrants Series D Preferred Stock | $73.0K | $52.0K | $21.0K | — | — | 2031-08-17 |
Internet Software and Services Bombora, Inc. | — | Warrants Common Stock | $51.0K | $43.0K | $8.0K | — | — | 2033-12-26 |
Electronic Equipment & Instruments Brivo, Inc. | — | Warrants Series A-2 Preferred Stock | $44.0K | $43.0K | $1.0K | — | — | 2034-12-27 |
Internet & Direct Marketing Retail Marley Spoon SE | — | Equity Common Stock | $33.0K | $410.0K | -$377.0K | — | — | — |
Technology Hardware, Storage & Peripherals RealWear, Inc. | — | Warrants Series A-1 Preferred Stock | $29.0K | $16.0K | $13.0K | — | — | 2028-12-28 |
Healthcare Equipment Moximed, Inc. | — | Warrants Series C Preferred Stock | $17.0K | $175.0K | -$158.0K | — | — | 2032-06-24 |
Advertising Minute Media Inc. | — | Equity Common Stock | $16.0K | $16.0K | $0.00 | — | — | — |
Circadence Corporation | Application Software | Warrants Series A-6 Preferred Stock | $12.0K | $3.63M | -$3.62M | — | — | 2028-12-20 |
Data Processing & Outsourced Services Interactions Corporation | — | Warrants Common Stock | $12.0K | $219.0K | -$207.0K | — | — | 2032-06-24 |
Circadence Corporation | Application Software | Warrants Series A-6 Preferred Stock | $3.0K | $846.0K | -$843.0K | — | — | 2029-10-31 |
FiscalNote, Inc. | Application Software | Warrants Earnout | $3.0K | $127.0K | -$124.0K | — | — | 2027-07-29 |
Technology Hardware, Storage & Peripherals RealWear, Inc. | — | Warrants Common Stock | $3.0K | $131.0K | -$128.0K | — | — | 2029-06-27 |
Technology Hardware, Storage & Peripherals RealWear, Inc. | — | Warrants Common Stock | $2.0K | $47.0K | -$45.0K | — | — | 2028-10-05 |
3DNA Corp. (dba NationBuilder) | Application Software | Warrants Series C-1 Preferred Stock | $0.00 | $104.0K | -$104.0K | — | — | 2028-12-28 |
Asset Management & Custody Banks Betterment Holdings, Inc. | — | Warrants Common Stock | $0.00 | $40.0K | -$40.0K | — | — | 2033-10-06 |
Biotechnology Mustang Bio, Inc. | — | Warrants Common Stock | $0.00 | $315.0K | -$315.0K | — | — | 2032-03-04 |
Coginiti Corp, | Application Software | Equity Common Stock | $0.00 | $4.55M | -$4.55M | — | — | — |
Healthcare Technology Allurion Technologies, Inc. | — | Warrants Common Stock | $0.00 | $282.0K | -$282.0K | — | — | 2031-03-30 |
Healthcare Technology Allurion Technologies, Inc. | — | Warrants Common Stock | $0.00 | $141.0K | -$141.0K | — | — | 2031-03-30 |
Healthcare Technology Allurion Technologies, Inc. | — | Warrants Common Stock | $0.00 | $144.0K | -$144.0K | — | — | 2032-09-15 |
Healthcare Technology Mingle Healthcare Solutions, Inc. | — | Warrants Series CC Preferred Stock | $0.00 | $492.0K | -$492.0K | — | — | 2028-08-15 |
Human Resource & Employment Services JobGet Holdings, Inc. (fka Snagajob.com, Inc. | — | Warrants Series B-1 Preferred Stock | $0.00 | $343.0K | -$343.0K | — | — | 2031-09-29 |
Internet Software and Services JWP Holdco LLC (fka Longtail Ad Solutions, Inc.) | — | Warrants Common Units | $0.00 | $47.0K | -$47.0K | — | — | 2029-12-12 |
Specialized Consumer Services AllClear ID, Inc. | — | Warrants Common Stock | $0.00 | $1.75M | -$1.75M | — | — | 2027-08-31 |
System Software Scale Computing, Inc. | — | Warrants Common Stock | $0.00 | $346.0K | -$346.0K | — | — | 2029-03-29 |
Technology Hardware, Storage & Peripherals RealWear, Inc. | — | Warrants Common Stock | $0.00 | $9.0K | -$9.0K | — | — | 2028-12-28 |
Coginiti Corp | Application Software | Warrants Common Stock | — | — | — | — | — | 2030-03-09 |
Gynesonics, Inc. | — | Senior Secured | — | — | — | — | +8.75% | — |
Human Resource & Employment Services JobGet Holdings, Inc. (fka Snagajob.com, Inc.) | — | Equity Series C-2 Preferred Stock | — | — | — | — | — | — |
Disclosed holdings FV
$1.00B
Parsed holdings FV
$1.00B
Residual gap
$138.0K
Balance-sheet cash
$18.36M
CIK
0001653384
Accession
0000950170-25-069164
Form type
10-Q
Period
2025-03-31