Trinity Capital Inc

NASDAQ:TRIN

Trinity Capital, Inc. engages in operation of an internally managed specialty lending company. The company is headquartered in Phoenix, Arizona and currently employs 41 full-time employees. The company went IPO on 2021-01-29. The company is a specialty lending company that provides debt, including loans and equipment financings, to growth stage companies, including venture-backed companies and companies with institutional equity investors. The Company’s investment objective is to generate current income and, to a lesser extent, capital appreciation through its investments. The firm seeks to achieve its investment objective by making investments consisting primarily of term loans and equipment financings and, to a lesser extent, working capital loans, equity and equity-related investments. Its equipment financings involve loans for general or specific use, including acquiring equipment, that are secured by the equipment or other assets of the portfolio company. The firm targets its investments in growth stage companies, which are typically private companies.