TriplePoint Venture Growth Fund is a closed-end, externally managed business development company that invests in secured debt financings to venture-backed technology and high-growth companies, typically providing growth capital loans, equipment financing, and revolving credit facilities ranging from $5 million to $75 million with yields between 10% and 18%. The fund generates returns through interest and fees on these debt investments, combined with equity upside from warrant investments and direct equity stakes that typically represent 2–10% of each loan commitment. The fund targets mature venture-stage companies with substantial revenue traction and leading venture capital backing, differentiating itself through specialized expertise, strong industry relationships, and the ability to structure customized financing solutions rather than competing solely on price.