20
22
Year in
Review
2022
Year in Review
Trinity has continued to partner with companies building disruptive technologies and growing our portfolio. We look forward to delivering long-term value for our shareholders and positioning Trinity for the future. Our goal is to be a lender for all seasons.
$975 Million +
2022 Committed Capital
With over $975 million in annual debt and equity commitments and $639 million in annual fundings, we are focused on funding growth stories and becoming a complementary, non-dilutive solution to venture-backed companies and investors.
15+ Years
Investing in Disruptive Technologies
$2.4 Billion
Invested Since Inception
116 Active
Portfolio Companies
![RxAnte-Logo-White[37]](https://trinitycap.com/wp-content/uploads/2022/12/RxAnte-Logo-White37.png){kind=logo}
As of December 31, 2022, this includes debt, warrant, and equity investments.
Historical information includes information and data related to Trinity Capital’s predecessor funds, the first launched in 2008 through December 31, 2022. The predecessor funds were merged with and into Trinity Capital on January 16, 2020, immediately after which Trinity Capital began operating as a Business Development Company.
$1.1 Billion AUM
*As of 9/30/2022
Solid Dividend Growth
85% dividend growth YOY, including
supplemental dividends.
Eight consecutive quarters of dividend increase.
Solid Dividend Growth
85% dividend growth YOY, including supplemental dividends.
Eight consecutive quarters of dividend increase.
Accretive Capital Offerings & Liquidity Expansion
$112.5M Proceeds from equity offerings.
$100M KeyBank credit facility upsize.
$57.5M Proceeds from reopening of 7.00% Notes (TRINL).
Accretive Capital Offerings & Liquidity Expansion
$112.5M Proceeds from equity offerings.
$100M KeyBank credit facility upsize.
$57.5M Proceeds from reopening of 7.00% Notes (TRINL).
Solid Dividend Growth
A $0.61 dividend was declared in 4Q22. TRIN
A $0.61 dividend was declared in 4Q22.
TRIN
Liquidity Events
5 Public Listings
4 M&As
$65 million in proceeds from our equity and warrant positions in Lucid and Matterport.
We are proud of the companies we’ve partnered with and are excited to support more entrepreneurs in building impactful businesses.
Strong Momentum into 2023
Strong deal pipeline in 2022, with record new commitments ($975M) and fundings ($639M).
Trinity Joint Venture with an initial capital commitment of $171 million to continue growing deployments.
Received exemptive relief for a registered investment adviser (“RIA”).
Growth in Team
A team of 57 people with a unique culture.
Top Companies To Work For In AZ
We were honored to be awarded one of the Best Places to Work in Arizona 2022! We are a people-first and culture-based company, and investing in our team is essential. We thank our team for their continued trust and dedication to the company.