RWAY
Runway Growth Finance
Portfolio Fair Value
$1.02B
102 holdings
Avg Spread
+6.61%
FV-weighted, debt
Avg Coupon
—
FV-weighted
% First Lien
94.0%
of debt FV
Unrealized P/L
-$46.56M
-4.38% of cost
Non-Accrual
0
text-detected
Balance sheet
Assets$1.03B
Liabilities + Equity$1.03B
First Lien
$955.30M · 92.7%
First Lien
$955.30M · 92.7%
Second Lien
$14.39M · 1.4%
Equity
$46.64M · 4.5%
Cash & Equivalents
$6.92M · 0.7%
Other Assets
$7.69M · 0.7%
Debt (Borrowings)
$475.91M · 46.2%
Debt (Borrowings)
$475.91M · 46.2%
Other Liabilities
$25.55M · 2.5%
Net Assets (Equity)
$529.47M · 51.4%
Net Assets (Equity)
$529.47M · 51.4%
Industry Composition
Unclassified
82.9%
Application Software
17.1%
Spread Distribution
2.5%
3.0%
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 161
| Issuer | Industry | Type | Fair Value | Cost | Unrealized | Coupon | Spread | Maturity |
|---|---|---|---|---|---|---|---|---|
VTX Intermediate Holdings, Inc. (dba VertexOne) | Application Software | Senior Secured | $88.49M | $89.98M | -$1.48M | — | +9.00% | 2026-12-28 |
Human Resource & Employment Services CloudPay, Inc. | — | Senior Secured | $75.76M | $75.03M | $733.0K | — | +6.25% | 2027-08-17 |
Property & Casualty Insurance Kin Insurance, Inc. | — | Senior Secured | $75.44M | $75.14M | $293.0K | — | +6.25% | 2026-09-15 |
System Software 3PL Central LLC | — | Senior Secured | $69.63M | $70.61M | -$981.0K | — | +4.50% | 2027-11-09 |
Health Care Technology EBR Systems, Inc. | — | Senior Secured | $40.38M | $39.63M | $760.0K | — | +4.90% | 2027-06-15 |
Non- Control/ Non- Affiliate Investments Debt Investments Data Processing & Outsourced Services Interactions Corporation | — | Investment Type Senior Secured Interest Rate 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 | $39.81M | $40.01M | -$207.0K | — | +9.26% | 2027-06-15 |
Internet Software and Services Synack, Inc. | — | Senior Secured | $39.79M | $39.79M | $0.00 | — | +7.00% | 2028-12-29 |
FiscalNote, Inc. | Application Software | Senior Secured | $38.43M | $40.36M | -$1.94M | — | +5.00% | 2027-07-15 |
Internet & Direct Marketing Retail Marley Spoon SE | — | Senior Secured | $37.85M | $37.94M | -$89.0K | — | +7.50% | 2027-06-15 |
Human Resource & Employment Services Snagajob.com, Inc. | — | Senior Secured | $35.54M | $42.74M | -$7.20M | — | — | 2025-09-01 |
Health Care Technology Route 92 Medical, Inc. | — | Senior Secured | $35.40M | $34.41M | $982.0K | — | +8.48% | 2026-07-01 |
Internet Software and Services Skillshare, Inc. | — | Senior Secured | $29.58M | $29.89M | -$307.0K | — | +6.50% | 2026-11-08 |
System Software Linxup, LLC | — | Senior Secured | $29.56M | $29.56M | $0.00 | — | +3.25% | 2027-11-15 |
Internet Software and Services Bombora, Inc. | — | Senior Secured | $28.10M | $28.10M | $0.00 | — | +4.75% | 2028-01-15 |
Electronic Equipment & Instruments Brivo, Inc. | — | Senior Secured | $26.75M | $26.37M | $381.0K | — | +6.85% | 2027-10-20 |
Education Services Turning Tech Intermediate, Inc. (dba Echo 360, Inc.) | — | Senior Secured | $25.80M | $25.81M | -$11.0K | — | +8.50% | 2025-12-14 |
Health Care Technology SetPoint Medical Corporation | — | Senior Secured | $25.70M | $25.07M | $633.0K | — | +5.75% | 2027-12-01 |
Blueshift Labs, Inc. | Application Software | Senior Secured | $24.82M | $25.24M | -$416.0K | — | +6.25% | 2028-12-15 |
Data Processing & Outsourced Services Vesta Payment Solutions, Inc. | — | Senior Secured | $24.08M | $24.89M | -$806.0K | — | +7.00% | 2026-11-15 |
Health Care Technology Gynesonics, Inc. | — | Senior Secured SOFR+8.75%, 8.00% ceiling, 5.00% ETP | $23.66M | $25.98M | -$2.32M | — | +8.75% | 2026-11-30 |
Health Care Technology Nalu Medical, Inc. | — | Senior Secured | $21.38M | $20.55M | $827.0K | — | +2.70% | 2027-10-12 |
Health Care Technology Gynesonics, Inc. | — | Equity Series A-2 Preferred Stock | $21.25M | $25.00M | -$3.75M | — | — | — |
Data Processing & Outsourced Services Elevate Services, Inc. | — | Senior Secured | $19.71M | $19.46M | $243.0K | — | +7.50% | 2027-07-10 |
Data Processing & Outsourced Services ShareThis, Inc. | — | Senior Secured | $19.59M | $20.13M | -$547.0K | — | +9.25% | 2024-09-30 |
Circadence Corporation | Application Software | Senior Secured | $19.21M | $24.80M | -$5.58M | — | +9.50% | 2025-12-15 |
Internet Software and Services CarNow, Inc. | — | Senior Secured | $17.30M | $17.30M | $0.00 | — | +7.25% | 2029-03-22 |
Internet & Direct Marketing Retail Madison Reed, Inc. | — | Senior Secured | $15.93M | $15.78M | $155.0K | — | +4.75% | 2026-12-16 |
Health Care Equipment Moximed, Inc. | — | Senior Secured | $15.41M | $14.96M | $455.0K | — | +5.25% | 2027-07-01 |
System Software Dejero Labs Inc. | — | Second Lien | $14.39M | $14.38M | $8.0K | — | +5.00% | 2025-12-22 |
Asset Management & Custody Banks Betterment Holdings, Inc. | — | Senior Secured | $7.94M | $7.89M | $48.0K | — | +4.50% | 2027-10-06 |
Health Care Technology Gynesonics, Inc. | — | Equity Series A-1 Preferred Stock | $4.54M | $3.10M | $1.44M | — | — | — |
Health Care Technology Mingle Healthcare Solutions, Inc. | — | Senior Secured | $3.20M | $4.95M | -$1.75M | — | +9.75% | 2026-12-15 |
Health Care Technology CareCloud, Inc. | — | Equity 11% Series A Cumulative Redeemable Perpetual Preferred Stock | $2.78M | $12.13M | -$9.36M | — | — | — |
Internet Software and Services CarNow, Inc. | — | Warrants Common Stock | $2.40M | $2.40M | $0.00 | — | — | 2034-03-22 |
Human Resource & Employment Services CloudPay, Inc. | — | Warrants Series B Preferred Stock | $1.16M | $218.0K | $942.0K | — | — | 2030-06-30 |
Aria Systems, Inc. | Application Software | Warrants Series G Preferred Stock | $1.05M | $1.05M | $1.0K | — | — | 2028-06-29 |
Human Resource & Employment Services Snagajob.com, Inc. | — | Equity Convertible Note | $1.02M | $1.36M | -$334.0K | — | — | 2026-12-31 |
Data Processing & Outsourced Services Pivot3, Inc. | — | Equity Equity Interest | $950.0K | $950.0K | $0.00 | — | — | — |
Data Processing & Outsourced Services ShareThis, Inc. | — | Senior Secured | $933.0K | $960.0K | -$27.0K | — | +8.25% | 2024-09-30 |
Health Care Technology Route 92 Medical, Inc. | — | Warrants Success Fee | $855.0K | $835.0K | $20.0K | — | — | 2031-08-17 |
Health Care Technology EBR Systems, Inc. | — | Warrants Success fee | $707.0K | $605.0K | $102.0K | — | — | 2032-06-30 |
Internet Software and Services INRIX, Inc. | — | Warrants Common Stock | $684.0K | $522.0K | $162.0K | — | — | 2029-07-26 |
Dtex Systems, Inc. | Application Software | Warrants Series C-Prime Preferred Stock | $541.0K | $115.0K | $426.0K | — | — | 2026-07-11 |
— | Warrants | $471.0K | $2.16M | -$1.69M | — | — | 2028-12-03 | |
Internet Software and Services Skillshare, Inc. | — | Warrants Success Fee | $422.0K | $301.0K | $121.0K | — | — | — |
Electronic Equipment & Instruments Epic IO Technologies, Inc. | — | Warrants Success fee | $419.0K | $505.0K | -$86.0K | — | — | 2028-12-17 |
Health Care Technology VERO Biotech LLC | — | Warrants Success Fee | $388.0K | $377.0K | $11.0K | — | — | 2025-12-29 |
Property & Casualty Insurance Kin Insurance, Inc. | — | Warrants Series D-3 Preferred Stock | $385.0K | $302.0K | $83.0K | — | — | 2032-09-26 |
Data Processing & Outsourced Services Elevate Services, Inc. | — | Warrants Series C Preferred Stock | $379.0K | $447.0K | -$68.0K | — | — | 2033-07-10 |
Specialized Consumer Services Credit Sesame, Inc. | — | Warrants Common Stock | $365.0K | $425.0K | -$60.0K | — | — | 2030-01-07 |
System Software Linxup, LLC | — | Warrants Success Fee | $329.0K | $253.0K | $76.0K | — | — | 2033-11-03 |
Dtex Systems, Inc. | Application Software | Warrants Series C-Prime Preferred Stock | $325.0K | $59.0K | $266.0K | — | — | 2025-06-01 |
Health Care Technology Gynesonics, Inc. | — | Warrants Success Fee | $324.0K | $313.0K | $11.0K | — | — | 2030-03-01 |
Internet Software and Services Longtail Ad Solutions, Inc. (dba JW Player) | — | Warrants Common Stock | $320.0K | $47.0K | $273.0K | — | — | 2029-12-12 |
Health Care Technology SetPoint Medical Corporation | — | Warrants Series B Preferred Stock | $318.0K | $74.0K | $244.0K | — | — | 2032-12-29 |
FiscalNote, Inc. | Application Software | Equity Common Stock | $307.0K | $438.0K | -$131.0K | — | — | — |
Circadence Corporation | Application Software | Warrants Success fee | $290.0K | $304.0K | -$14.0K | — | — | — |
Technology Hardware, Storage & Peripherals Quantum Corporation | — | Equity Common Stock | $274.0K | $2.61M | -$2.33M | — | — | — |
Electronic Equipment & Instruments Brivo, Inc. | — | Warrants Series A-2 Preferred Stock | $267.0K | $98.0K | $169.0K | — | — | 2032-10-20 |
System Software Dejero Labs Inc. | — | Warrants Common Stock | $234.0K | $192.0K | $42.0K | — | — | 2029-05-31 |
Internet & Direct Marketing Retail Madison Reed, Inc. | — | Warrants Success fee | $214.0K | $209.0K | $5.0K | — | — | — |
Health Care Technology SetPoint Medical Corporation | — | Warrants Series B Preferred Stock | $212.0K | $14.0K | $198.0K | — | — | 2031-06-29 |
Human Resource & Employment Services CloudPay, Inc. | — | Warrants Series D Preferred Stock | $185.0K | $176.0K | $9.0K | — | — | 2032-09-26 |
Internet Software and Services Synack, Inc. | — | Warrants Common Stock | $174.0K | $147.0K | $27.0K | — | — | 2032-06-30 |
Technology Hardware, Storage & Peripherals RealWear, Inc. | — | Warrants Series A Preferred Stock | $174.0K | $381.0K | -$207.0K | — | — | 2029-06-27 |
Internet & Direct Marketing Retail Marley Spoon SE | — | Equity Common Stock | $170.0K | $410.0K | -$240.0K | — | — | — |
Blueshift Labs, Inc. | Application Software | Warrants Success fee | $168.0K | $167.0K | $1.0K | — | — | — |
Technology Hardware, Storage & Peripherals RealWear, Inc. | — | Warrants Series A Preferred Stock | $158.0K | $136.0K | $22.0K | — | — | 2028-10-05 |
Health Care Equipment Moximed, Inc. | — | Warrants Series C Preferred Stock | $143.0K | $175.0K | -$32.0K | — | — | 2032-06-24 |
Aria Systems, Inc. | Application Software | Equity Series G Preferred Stock | $127.0K | $250.0K | -$123.0K | — | — | — |
Coginiti Corp, | Application Software | Equity Common Stock | $124.0K | $4.55M | -$4.43M | — | — | — |
Human Resource & Employment Services CloudPay, Inc. | — | Warrants Series D Preferred Stock | $123.0K | $52.0K | $71.0K | — | — | 2031-08-17 |
Advertising Minute Media Inc. | — | Equity Preferred Stock | $120.0K | $120.0K | $0.00 | — | — | — |
Internet Software and Services Bombora, Inc. | — | Warrants Common Stock | $114.0K | $175.0K | -$61.0K | — | — | 2031-03-31 |
Property & Casualty Insurance Kin Insurance, Inc. | — | Warrants Series D-3 Preferred Stock | $107.0K | $69.0K | $38.0K | — | — | 2032-09-26 |
Health Care Technology Nalu Medical, Inc. | — | Warrants Series D-2 Preferred Stock | $100.0K | $173.0K | -$73.0K | — | — | 2032-10-12 |
Coginiti Corp | Application Software | Warrants Common Stock | $95.0K | — | — | — | — | 2030-03-09 |
Property & Casualty Insurance Kin Insurance, Inc. | — | Warrants Series D-3 Preferred Stock | $86.0K | $55.0K | $31.0K | — | — | 2032-09-26 |
Internet Software and Services Bombora, Inc. | — | Warrants Common Stock | $46.0K | $43.0K | $3.0K | — | — | 2033-12-26 |
Biotechnology TRACON Pharmaceuticals, Inc. | — | Warrants Common Stock | $40.0K | $226.0K | -$186.0K | — | — | 2032-09-02 |
Health Care Equipment Revelle Aesthetics, Inc. | — | Warrants Series A-2 Preferred Stock | $32.0K | $126.0K | -$94.0K | — | — | 2032-03-30 |
Circadence Corporation | Application Software | Warrants Series A-6 Preferred Stock | $31.0K | $3.63M | -$3.60M | — | — | 2028-12-20 |
Technology Hardware, Storage & Peripherals RealWear, Inc. | — | Warrants Series A Preferred Stock | $31.0K | $25.0K | $6.0K | — | — | 2028-12-28 |
Biotechnology Mustang Bio, Inc. | — | Warrants Common Stock | $28.0K | $315.0K | -$287.0K | — | — | 2032-03-04 |
FiscalNote, Inc. | Application Software | Warrants Earnout | $20.0K | $127.0K | -$107.0K | — | — | 2027-07-29 |
Data Processing & Outsourced Services Interactions Corporation | — | Warrants Common Stock | $17.0K | $219.0K | -$202.0K | — | — | 2032-06-24 |
Advertising Minute Media Inc. | — | Equity Common Stock | $16.0K | $16.0K | $0.00 | — | — | — |
Health Care Technology Allurion Technologies, Inc. | — | Warrants Earnout | $11.0K | — | — | — | — | 2028-08-01 |
Asset Management & Custody Banks Betterment Holdings, Inc. | — | Warrants Common Stock | $10.0K | $40.0K | -$30.0K | — | — | 2033-10-06 |
Circadence Corporation | Application Software | Warrants Series A-6 Preferred Stock | $8.0K | $846.0K | -$838.0K | — | — | 2029-10-31 |
3DNA Corp. (dba NationBuilder) | Application Software | Warrants Series C-1 Preferred Stock | $0.00 | $104.0K | -$104.0K | — | — | 2028-12-28 |
Computer & Electronics Retail Massdrop, Inc. | — | Warrants Series B Preferred Stock | $0.00 | $183.0K | -$183.0K | — | — | 2029-07-22 |
Health Care Technology Allurion Technologies, Inc. | — | Warrants Common Stock | $0.00 | $282.0K | -$282.0K | — | — | 2025-01-22 |
Health Care Technology Allurion Technologies, Inc. | — | Warrants Common Stock | $0.00 | $141.0K | -$141.0K | — | — | 2025-01-22 |
Health Care Technology Allurion Technologies, Inc. | — | Warrants Common Stock | $0.00 | $144.0K | -$144.0K | — | — | 2025-01-22 |
Health Care 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. | — | Warrants Warrant for 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
$1.02B
Parsed holdings FV
$1.02B
Residual gap
$134.0K
Balance-sheet cash
$6.92M
CIK
0001653384
Accession
0000950170-24-054449
Form type
10-Q
Period
2024-03-31