2023 Year In Review

2023

Another year of backing exceptional leaders

2023 Committed Capital

With $831 million in annual debt and equity commitments and $642 million in annual fundings, we are focused on funding growth stories.

16+ Years

A long history of investing in visionaries

$1.3 Billion

Assets Under management*

*As of September 30, 2023

We are proud of the companies we’ve partnered with and are excited to support more world-changing technologies into the future.

Strong Shareholder Returns

12 Consecutive Quarters of increase in Dividends

Diversification across asset size, product type, industry and geography

NASDAQ: TRIN

17.6%

Return on Average Equity*

*As of September 30, 2023, Annualaized

24%

Increase in NAV (annual)*

Solid Dividend Growth

14%

<span data-metadata=""><span data-buffer="">Annualized Dividend Yield*

*As of December 31, 2023

$0.50

Regular dividend declared in 4Q23

Represents a 2% increase over the 
prior quarter

Select Portfolio News

This year has been a remarkable one for our portfolio companies, as they continue to break new ground and achieve significant milestones. Here are a few select highlights.

Axiom Space, Prada Join Forces on Tech, Design for NASA’s Next-Gen Lunar Spacesuits

In the first groundbreaking partnership between an Italian luxury fashion house and a commercial space company, Axiom Space, industry leader and architect of the world’s first commercial space station, announces a collaboration with Prada on NASA's lunar spacesuits for the Artemis III mission.

$452M canned drink factories coming to Fort Worth sites from DrinkPak

California-based DrinkPak LLC is moving ahead with North Texas expansion, a project that could bring 1,000 jobs and a $452 million investment to Fort Worth. The expansion represents a significant win for the city, which continues to make strides in attracting manufacturing.

Revelle Aesthetics Receives First International Clearance in Australia for its Avéli® Cellulite Device

<span data-metadata=""><span data-buffer="">Revelle Aesthetics, a VC-backed Silicon Valley FemTech company, today announced that Avéli®, its US FDA-cleared device for long-term reduction in the appearance of cellulite, has received its first international clearance in Australia, one of the largest market opportunities for cellulite outside of the U.S.

Play Video

Trinity HQ Expansion

The investment HUB of Phoenix

Trinity San Diego

The investment HUB for life sciences in Solana Beach

Play Video

Trinity HQ Expansion

The investment HUB of Phoenix

Trinity San Diego

The investment HUB for life sciences in Solana Beach

Awards & Recognition

2023 | Inc.’s Founder
Friendly

This recognition continues to affirm our commitment to the incredible founders and innovators in our ecosystem.

2023 | ABF Innovative Company

Our team continues to evolve and innovate to address the capital needs of both prospective and current portfolio companies.

2023 | Arizona’s top companies to work for

Trinity Capital proudly secures its place as one of Arizona’s Top Companies to Work for in 2023 for the second consecutive year, a testament to our amazing work culture.