|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Trinity Capital Provides $12.5MM in Growth Capital to Upward Health
Tuesday, January 21, 2025
|
Lenders/Participants
|
Trinity Capital [Lender]
|
|
Structure
|
Debt Financing Facility
|
|
Amount
|
$12.500
Million
|
|
Borrower(s)
|
Upward Health
|
|
Description
|
The $12.5 million debt financing from Trinity is part of a larger debt financing, including an additional $7.5 million from Comerica Bank. The debt was raised in conjunction with the company's Series C fundraise, led by Heritage Group and Blue Venture Fund, with additional investments from Noro-Moseley Partners and others. The capital will be used to fund growth initiatives.
|
|
Industry
|
Healthcare
|
|
Location
|
NY
|
| Related Tags |
Trinity Capital
|
ABL Advisor
Deal Tables
2025
|
|
|
|