VC  Rand Capital Corporation

http://www.randcapital.com





     Office Locations:

2200 Rand Building
Buffalo, NY 14203
Phone: 716-853-0802
Fax: 716-854-8480

 

Stages:

  • Early


 

Industries:

  • Information Technology

  •  

    Description:

    Rand Capital Corporation (Nasdaq: RAND) was founded in 1969 and is a publicly traded, closed-end management investment company that has elected to be regulated as a Business Development Company (BDC) under the Investment Company Act of 1940. In addition, its fully owned subsidiary, Rand Capital SBIC, L.P., is licensed by the United States Small Business Adminstration as a Small Business Investment Company (SBIC). The firm's primary focus is on making venture capital investments in small to medium sized companies that are engaged in the exploitation of new or unique products or services with a sustainable competitive advantage typically in New York and its surrounding states. Rand typically invests between $500,000 and $1.5 million in privately held companies in total investment rounds of $1 million to $5 million. As of December 2011, Rand manages a diversified portfolio of approximately $24,399,121.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or New York Database subscription.
    Allen F. "Pete" Grum President and Chief Executive Officer
    Daniel P. Penberthy Chief Financial Officer and Executive Vice President
    Margaret Whalen Brechtel Vice President of Finance

     

    Portfolio companies include:


      Advantage 24/7
        web link


      Binoptics
        web link


      Carolina Skiff
        web link


      Chequed.com
        web link


      EmergingMed.com
        web link


      G-TEC Natural Gas Systems
        web link


      Gemcor
        web link


      Knoa Software
        web link


      Liazon
        web link


      Mercantile Adjustment Bureau
        web link


      Mezmeriz
        web link


      Microcision
        web link


      Mid America Brick
        web link


      Niagara Dispensing Technologies


      Rheonix
        web link


      Somerset Gas Transmission Company
        web link


      SOMS Technologies
        web link


      Synacor
        web link


      Ultra-Scan
        web link


     

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