Venture Debt

Venture Debt

CI’s Venture Debt Fund helps early-stage and later-stage businesses obtain venture or mezzanine debt for capital expenditures and working capital. Funding amounts range from $150,000 to $2 million. The interest rate will typically be fixed between 6 and 12 percent for the life of the debt. Warrants are part of the overall pricing and range from 5 to 25 percent of the loan amount. The debt’s maturity usually extends from three to five years. Collateral will include a priority lien or, occasionally, a subordinated lien on the borrower’s assets.

Snapshot of Common Characteristics

CI seeks technology-based companies based in Connecticut or willing to move here. We look for innovators in our core areas of expertise: bioscience, IT, clean tech, photonics and advanced materials. While we’re flexible when evaluating a potential partner, we also look for:

Primary Location

Connecticut-based businesses.

Focus on Innovation

Proprietary intellectual property, deep technical knowledge or a significant first-mover advantage.

Business Stage

Early-stage businesses lacking positive cash flow, or later-stage businesses with positive cash flow.

Financial Status

Companies with no significant assets to use as collateral.

funding amount

Ranges from $150,000 to $2 million.

contact us

Kevin Crowley

If the company is not in Connecticut are you willing to relocate to the state?
Companies not currently in Connecticut must be willing to expand or relocate to be eligible.
Address Your Company is Located(Required)
Max. file size: 50 MB.
This field is for validation purposes and should be left unchanged.