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Rand Capital Corporation Company Profile

NASDAQ: RANDFinancial ServicesAsset ManagementUSD

10.02+0.2501 (+2.56%)

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
Industry
Asset Management
CEO
Mr. Daniel Patrick Penberthy
Headquarters
14 Lafayette Square, Buffalo, NY, United States
Phone
617 880 7494
Market cap
$29.76M
SEC CIK
0000081955

Companies similar to Rand Capital

RAND peer companies
CompanyPrice% ChgMarket capCompare
HERZHerzfeld Credit Income Fund Inc.14.77-0.54%$29.80Mvs RAND
INVInnventure Inc.0.3033+12.92%$26.31Mvs RAND
FGCFG Communities Holdings Inc.6.52-14.77%$33.22Mvs RAND
MLCIMount Logan Capital Inc.3.05-1.61%$34.13Mvs RAND
GROWU.S. Global Investors Inc. Class A2.91+0.34%$35.79Mvs RAND
RMCORoyalty Management Holding Corporation Class A2.500.00%$37.93Mvs RAND
GRFEagle Capital Growth Fund Inc.9.85+0.10%$39.08Mvs RAND
BCGBinah Capital Group Inc.1.05+5.48%$17.83Mvs RAND

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