BDC·info
RWAY

Runway Growth Finance

Period
SEC EDGAR ↗
Portfolio Fair Value
$1.07B
108 holdings
Avg Spread
+6.57%
FV-weighted, debt
Avg Coupon
—
FV-weighted
% First Lien
92.8%
of debt FV
Unrealized P/L
-$43.61M
-3.93% of cost
Non-Accrual
0
text-detected

Balance sheet

Assets$1.08B
Liabilities + Equity$1.08B
First Lien
$989.44M · 92.0%
Debt (Borrowings)
$542.51M · 50.4%
Net Assets (Equity)
$507.36M · 47.2%

Industry Composition

Unclassified
76.8%
Application Software
22.7%
Multi-Sector Holdings
0.5%

Fair Value History

Q2 '23
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
Q2 '25
Q3 '25
Q4 '25
Q1 '26
Q2 '26

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
108 of 169
IssuerIndustryType
Fair Value
Cost
Unrealized
Coupon
Spread
Maturity
VTX Intermediate Holdings, Inc. (dba VertexOne)
Application Software
Senior Secured
$89.31M
$92.50M
-$3.18M
—+9.00%
2026-12-28
Property & Casualty Insurance Kin Insurance, Inc.
—
Senior Secured
$76.13M
$75.67M
$450.0K
—+6.25%
2026-09-15
System Software 3PL Central LLC (dba Extensiv)
—
Senior Secured
$69.33M
$71.74M
-$2.41M
—+4.50%
2027-11-09
Airship Group, Inc.
Application Software
Senior Secured
$47.95M
$48.01M
-$53.0K
—+3.75%
2028-06-15
Healthcare Technology EBR Systems, Inc.
—
Senior Secured
$40.07M
$39.90M
$167.0K
—+4.90%
2027-06-15
Internet Software and Services Synack, Inc.
—
Senior Secured
$39.89M
$39.84M
$49.0K
—+7.00%
2028-12-29
Non- Control/ Non- Affiliate Investments Debt Investments Data Processing & Outsourced Services Interactions Corporation
—
Investment Type Senior Secured Interest Rate S O F R+9.26%, 9.76% floor, 3.4375% E T P Initial Acquisition Date 6/24/2022 Maturity Date 6/15/2027
$39.72M
$40.24M
-$513.0K
—+9.26%
2027-06-15
Internet Software and Services Zinnia Corporate Holdings, LLC
—
Senior Secured
$39.20M
$39.20M
$0.00
—+8.00%
2029-09-21
FiscalNote, Inc.
Application Software
Senior Secured
$37.87M
$40.83M
-$2.96M
—+5.00%
2027-07-15
Human Resource & Employment Services Snagajob.com, Inc.
—
Senior Secured
$37.33M
$42.74M
-$5.41M
——
2025-09-01
Internet & Direct Marketing Retail Marley Spoon SE
—
Senior Secured
$36.75M
$38.26M
-$1.50M
—+7.50%
2027-06-15
Healthcare Technology Route 92 Medical, Inc.
—
Senior Secured
$35.66M
$34.79M
$877.0K
—+8.48%
2026-07-01
Electronic Equipment & Instruments Brivo, Inc.
—
Senior Secured
$32.73M
$32.42M
$301.0K
—+6.85%
2027-10-20
System Software Linxup, LLC
—
Senior Secured
$30.56M
$29.70M
$853.0K
—+3.25%
2027-11-15
Internet Software and Services Skillshare, Inc.
—
Senior Secured
$29.50M
$30.14M
-$642.0K
—+6.50%
2026-11-08
Internet Software and Services Bombora, Inc.
—
Senior Secured
$28.41M
$28.62M
-$207.0K
—+4.75%
2028-01-15
Data Processing & Outsourced Services Elevate Services, Inc.
—
Senior Secured
$26.19M
$25.24M
$942.0K
—+7.50%
2027-07-10
Healthcare Technology Gynesonics, Inc.
—
Senior Secured SOFR+8.75%, 8.00% ceiling, 5.00% ETP
$26.04M
$26.15M
-$106.0K
—+8.75%
2026-11-30
Healthcare Technology SetPoint Medical Corporation
—
Senior Secured
$25.76M
$25.18M
$580.0K
—+5.75%
2027-12-01
Healthcare Technology Gynesonics, Inc.
—
Equity Series A-2 Preferred Stock
$23.97M
$25.00M
-$1.03M
——
—
Blueshift Labs, Inc.
Application Software
Senior Secured
$23.78M
$25.57M
-$1.80M
—+6.25%
2028-12-15
Data Processing & Outsourced Services Vesta Payment Solutions, Inc.
—
Senior Secured
$22.44M
$25.29M
-$2.85M
—+7.00%
2026-11-15
Healthcare Technology Nalu Medical, Inc.
—
Senior Secured
$21.36M
$20.88M
$471.0K
—+2.70%
2027-10-12
Circadence Corporation
Application Software
Senior Secured
$20.03M
$25.10M
-$5.07M
—+9.50%
2025-12-15
Non- Control/ Non- Affiliate Investments Debt Investments Data Processing & Outsourced Services Predactiv, Inc. (fka Sharethis, Inc.)
—
Investment Type Senior Secured Interest Rate SOFR+9.25%, 11.86% floor, 4.00% ETP Initial Acquisition Date 12/3/2018 Maturity Date 10/31/2024
$18.51M
$18.30M
$204.0K
—+9.25%
2024-10-31
Internet Software and Services CarNow, Inc.
—
Senior Secured
$17.70M
$17.62M
$79.0K
—+7.25%
2029-03-22
Snap! Mobile, Inc.
Application Software
Senior Secured
$17.43M
$17.43M
$0.00
—+7.50%
2028-09-30
Health Care Technology Onward Medical, N.V.
—
Senior Secured
$16.63M
$16.63M
$0.00
—+6.50%
2028-06-15
Internet & Direct Marketing Retail Madison Reed, Inc.
—
Senior Secured
$16.21M
$16.09M
$121.0K
—+4.75%
2026-12-16
Healthcare Equipment Moximed, Inc.
—
Senior Secured
$15.35M
$15.04M
$312.0K
—+5.25%
2027-07-01
System Software Dejero Labs Inc.
—
Second Lien
$14.50M
$14.59M
-$89.0K
—+8.00%
2025-12-22
Healthcare Technology Gynesonics, Inc.
—
Equity Series A-1 Preferred Stock
$8.33M
$3.10M
$5.23M
——
—
Asset Management & Custody Banks Betterment Holdings, Inc.
—
Senior Secured
$8.06M
$7.91M
$153.0K
—+4.50%
2027-10-06
Runway-Cadma I LLC
Multi-Sector Holdings
Equity Equity Interest
$5.53M
$5.60M
-$72.0K
——
—
Healthcare Technology CareCloud, Inc.
—
Equity 11% Series A Cumulative Redeemable Perpetual Preferred Stock
$5.53M
$12.13M
-$6.61M
——
—
Internet Software and Services CarNow, Inc.
—
Warrants Common Stock
$2.72M
$2.40M
$320.0K
——
2034-03-22
Healthcare Technology Mingle Healthcare Solutions, Inc.
—
Senior Secured
$2.61M
$4.95M
-$2.34M
—+9.75%
2026-12-15
Human Resource & Employment Services CloudPay, Inc.
—
Warrants Series B Preferred Stock
$1.32M
$218.0K
$1.10M
——
2030-06-30
Dtex Systems, Inc.
Application Software
Warrants Series C-Prime Preferred Stock
$1.22M
$115.0K
$1.10M
——
2026-07-11
Data Processing & Outsourced Services Pivot3, Inc.
—
Equity Equity Interest
$1.20M
$950.0K
$248.0K
——
—
Aria Systems, Inc.
Application Software
Warrants Series G Preferred Stock
$1.13M
$1.05M
$85.0K
——
2028-06-29
Data Processing & Outsourced Services ShareThis, Inc.
—
Senior Secured
$881.0K
$872.0K
$9.0K
—+8.25%
2024-10-31
Healthcare Technology Route 92 Medical, Inc.
—
Warrants Success Fee
$847.0K
$835.0K
$12.0K
——
2031-08-17
Dtex Systems, Inc.
Application Software
Warrants Series C-Prime Preferred Stock
$731.0K
$59.0K
$672.0K
——
2025-06-01
Healthcare Technology EBR Systems, Inc.
—
Warrants Success fee
$633.0K
$605.0K
$28.0K
——
2032-06-30
Airship Group, Inc.
Application Software
Warrants Series F Preferred Stock
$450.0K
$414.0K
$36.0K
——
2034-06-28
Healthcare Technology Gynesonics, Inc.
—
Warrants Success Fee
$448.0K
$313.0K
$135.0K
——
2030-03-01
Data Processing & Outsourced Services Elevate Services, Inc.
—
Warrants Series C Preferred Stock
$444.0K
$447.0K
-$3.0K
——
2033-07-10
Internet Software and Services Skillshare, Inc.
—
Warrants Success Fee
$405.0K
$301.0K
$104.0K
——
—
Healthcare Technology Onward Medical, N.V.
—
Warrants Common Stock
$376.0K
$340.0K
$36.0K
——
2034-09-26
Internet Software and Services INRIX, Inc.
—
Warrants Common Stock
$374.0K
$522.0K
-$148.0K
——
2029-07-26
Specialized Consumer Services Credit Sesame, Inc.
—
Warrants Common Stock
$365.0K
$425.0K
-$60.0K
——
2030-01-07
Snap! Mobile, Inc.
Application Software
Warrants Series B Preferred Stock
$345.0K
$345.0K
$0.00
——
2034-09-30
Electronic Equipment & Instruments Epic IO Technologies, Inc.
—
Warrants Success fee
$343.0K
$505.0K
-$162.0K
——
2028-12-17
Property & Casualty Insurance Kin Insurance, Inc.
—
Warrants Series D-3 Preferred Stock
$322.0K
$302.0K
$20.0K
——
2032-09-26
Internet Software and Services Longtail Ad Solutions, Inc. (dba JW Player)
—
Warrants Common Stock
$315.0K
$47.0K
$268.0K
——
2029-12-12
FiscalNote, Inc.
Application Software
Equity Common Stock
$296.0K
$438.0K
-$142.0K
——
—
Circadence Corporation
Application Software
Warrants Success fee
$287.0K
$304.0K
-$17.0K
——
—
Healthcare Technology SetPoint Medical Corporation
—
Warrants Series B Preferred Stock
$285.0K
$74.0K
$211.0K
——
2032-12-29
System Software Dejero Labs Inc.
—
Warrants Common Stock
$279.0K
$192.0K
$87.0K
——
2029-05-31
Aria Systems, Inc.
Application Software
Equity Series G Preferred Stock
$250.0K
$250.0K
$0.00
——
—
System Software Linxup, LLC
—
Warrants Success Fee
$247.0K
$253.0K
-$6.0K
——
2033-11-03
Circadence Corporation
Application Software
Warrants Series A-6 Preferred Stock
$229.0K
$3.63M
-$3.40M
——
2028-12-20
Healthcare Technology SetPoint Medical Corporation
—
Warrants Series B Preferred Stock
$190.0K
$14.0K
$176.0K
——
2031-06-29
Blueshift Labs, Inc.
Application Software
Warrants Success fee
$188.0K
$167.0K
$21.0K
——
—
Technology Hardware, Storage & Peripherals RealWear, Inc.
—
Warrants Series A Preferred Stock
$180.0K
$136.0K
$44.0K
——
2028-10-05
Internet & Direct Marketing Retail Madison Reed, Inc.
—
Warrants Success fee
$177.0K
$209.0K
-$32.0K
——
—
Internet Software and Services Synack, Inc.
—
Warrants Common Stock
$175.0K
$147.0K
$28.0K
——
2032-06-30
Technology Hardware, Storage & Peripherals RealWear, Inc.
—
Warrants Series A Preferred Stock
$166.0K
$381.0K
-$215.0K
——
2029-06-27
Electronic Equipment & Instruments Brivo, Inc.
—
Warrants Series A-2 Preferred Stock
$154.0K
$98.0K
$56.0K
——
2032-10-20
Healthcare Technology VERO Biotech LLC
—
Warrants Success Fee
$137.0K
$377.0K
-$240.0K
——
2025-12-29
Data Processing & Outsourced Services Elevate Services, Inc.
—
Warrants Series C Preferred Stock
$133.0K
$118.0K
$15.0K
——
2034-07-17
Data Processing & Outsourced Services Predactiv, Inc. (fka Sharethis, Inc.)
—
Warrants Series D-3 Preferred Stock
$132.0K
$2.16M
-$2.03M
——
2028-12-03
Advertising Minute Media Inc.
—
Equity Preferred Stock
$125.0K
$120.0K
$5.0K
——
—
Human Resource & Employment Services CloudPay, Inc.
—
Warrants Series D Preferred Stock
$125.0K
$176.0K
-$51.0K
——
2032-09-26
Internet Software and Services Bombora, Inc.
—
Warrants Common Stock
$115.0K
$174.0K
-$59.0K
——
2031-03-31
Coginiti Corp,
Application Software
Equity Common Stock
$104.0K
$4.55M
-$4.45M
——
—
Property & Casualty Insurance Kin Insurance, Inc.
—
Warrants Series D-3 Preferred Stock
$89.0K
$69.0K
$20.0K
——
2032-09-26
Human Resource & Employment Services CloudPay, Inc.
—
Warrants Series D Preferred Stock
$83.0K
$52.0K
$31.0K
——
2031-08-17
Technology Hardware, Storage & Peripherals Quantum Corporation
—
Equity Common Stock
$80.0K
$2.61M
-$2.53M
——
—
Coginiti Corp
Application Software
Warrants Common Stock
$79.0K
—
—
——
2030-03-09
Asset Management & Custody Banks Betterment Holdings, Inc.
—
Warrants Common Stock
$74.0K
$40.0K
$34.0K
——
2033-10-06
Healthcare Technology Nalu Medical, Inc.
—
Warrants Series D-2 Preferred Stock
$74.0K
$173.0K
-$99.0K
——
2032-10-12
Property & Casualty Insurance Kin Insurance, Inc.
—
Warrants Series D-3 Preferred Stock
$72.0K
$55.0K
$17.0K
——
2032-09-26
Internet & Direct Marketing Retail Marley Spoon SE
—
Equity Common Stock
$60.0K
$410.0K
-$350.0K
——
—
Circadence Corporation
Application Software
Warrants Series A-6 Preferred Stock
$57.0K
$846.0K
-$789.0K
——
2029-10-31
Internet Software and Services Bombora, Inc.
—
Warrants Common Stock
$46.0K
$43.0K
$3.0K
——
2033-12-26
Technology Hardware, Storage & Peripherals RealWear, Inc.
—
Warrants Series A Preferred Stock
$36.0K
$25.0K
$11.0K
——
2028-12-28
Healthcare Equipment Revelle Aesthetics, Inc.
—
Warrants Series A-2 Preferred Stock
$27.0K
$126.0K
-$99.0K
——
2032-03-30
Data Processing & Outsourced Services Interactions Corporation
—
Warrants Common Stock
$16.0K
$219.0K
-$203.0K
——
2032-06-24
Advertising Minute Media Inc.
—
Equity Common Stock
$14.0K
$16.0K
-$2.0K
——
—
FiscalNote, Inc.
Application Software
Warrants Earnout
$14.0K
$127.0K
-$113.0K
——
2027-07-29
Healthcare Equipment Moximed, Inc.
—
Warrants Series C Preferred Stock
$11.0K
$175.0K
-$164.0K
——
2032-06-24
Biotechnology Mustang Bio, Inc.
—
Warrants Common Stock
$9.0K
$315.0K
-$306.0K
——
2032-03-04
Healthcare Technology Allurion Technologies, Inc.
—
Warrants Common Stock
$1.0K
$282.0K
-$281.0K
——
2031-03-30
3DNA Corp. (dba NationBuilder)
Application Software
Warrants Series C-1 Preferred Stock
$0.00
$104.0K
-$104.0K
——
2028-12-28
Biotechnology TRACON Pharmaceuticals, Inc.
—
Warrants Common Stock
$0.00
$226.0K
-$226.0K
——
2032-09-02
Computer & Electronics Retail Massdrop, Inc.
—
Warrants Series B Preferred Stock
$0.00
$183.0K
-$183.0K
——
2029-07-22
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 Snagajob.com, Inc.
—
Equity Convertible Note
$0.00
$1.70M
-$1.70M
——
2026-12-31
Human Resource & Employment Services Snagajob.com, Inc.
—
Warrants Series B-1 Preferred Stock
$0.00
$343.0K
-$343.0K
——
2031-09-29
Internet Software and Services Fidelis Cybersecurity, Inc.
—
Warrants Common Stock
$0.00
$79.0K
-$79.0K
——
2032-03-25
Specialized Consumer Services AllClear ID, Inc.
—
Warrants Common Stock
$0.00
$1.05M
-$1.05M
——
2027-08-31
Specialized Consumer Services AllClear ID, Inc.
—
Warrants Common Stock
$0.00
$697.0K
-$697.0K
——
2027-08-31
System Software Scale Computing, Inc.
—
Warrants Common Stock
$0.00
$346.0K
-$346.0K
——
2029-03-29
Technology Hardware, Storage & Peripherals zSpace, Inc.
—
Equity Common Stock
$0.00
$1.12M
-$1.12M
——
—
Disclosed holdings FV
$1.07B
Parsed holdings FV
$1.07B
Residual gap
$64.0K
Balance-sheet cash
$3.62M
CIK
0001653384
Accession
0000950170-24-125299
Form type
10-Q
Period
2024-09-30