Rand Capital Corporation Company Profile
NASDAQ: RANDFinancial ServicesAsset ManagementUSD
At close: Oct 8, 4:00 PM ET · Delayed 15 min
Rand Capital at a glance
Rand Capital Corporation (NASDAQ: RAND) is a Asset Management company in the Financial Services sector headquartered in Buffalo, NY. Rand Capital is led by Mr. Daniel Patrick Penberthy. At a market capitalization of $29.8 million, it is considered a small-cap company.
Its SEC Central Index Key (CIK) is 0000081955, which identifies the company's filings on EDGAR.
Summary generated from market data by MetaCap's automated system. Methodology
What does Rand Capital do?
Rand Capital Corporation is a business development company specializing in subordinated debt with warrants or preferred equity and venture capital investments. Within private equity, the firm specializing in capital growth and lower middle market investments. Within venture capital, it specializing in early to late-stage private businesses. It does not prefer to invest in real estate sector. It prefers to invest in software, professional services, manufacturing, consumer, healthcare, automotive and public d stocks. It prefers to invest in East or Midwest U.S. operations sectors. It typically invests between $0.75 million and $5 million with initial target size of $1.5 million. It seeks to invest in companies having more than $10 million in revenue or having excess of $1.5 million and up to $5 million in EBITDA. It prefers to be a minority stake and seeks to take a Board seat in its portfolio companies. It typically holds its investments for a period up to five years.
Business description based on the company's public filings.
Company information
- Legal name
- Rand Capital Corporation
- Ticker
- NASDAQ: RAND
- Sector
- Financial Services
- Industry
- Asset Management
- CEO
- Mr. Daniel Patrick Penberthy
- Headquarters
- 14 Lafayette Square, Buffalo, NY, United States
- Phone
- 617 880 7494
- Website
- randcapital.com
- Market cap
- $29.76M
- SEC CIK
- 0000081955
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