Venture Debt

Understanding
Venture Debt

CI’s Venture Debt Fund helps early-stage and later-stage businesses obtain debt financing that falls outside traditional bank lending guidelines. CI offers debt solutions ranging from $1 million to $5 million. Warrants are part of the overall pricing and the debt’s maturity usually extends from three to five years with principal payments typically backloaded to free up cash flow and allow time for the company to meet certain milestones or valuation inflection points. 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, climate 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 $1 million to $5 million.

contact us

Kevin Crowley
kevin.crowley@ctinnovations.com
860.257.2346