FundedIQ
Financial Services

Hercules Capital: Funding, Investors & Team (Sep 2026)

Hercules is a non-bank lender to venture capital-backed companies at all stages of development in a broadly diversified variety of technology, life sciences, and sustainable and renewable technology industries. With over a decade of experience in venture debt, Hercules is uniquely positioned to create innovative financing solutions that perfectly fit within a company's existing capital structure and map to its business objectives. Recognized as the industry leader, Hercules understands the flexibility these types of companies need and has the experience to work closely with them, even through challenging times, to help them reach critical milestones. Hercules' deep sector expertise, geographic presence, and strong capital base have made Hercules the lender of choice for more than 480 innovative companies.

www.htgc.com LinkedIn San Mateo, United States 101-250 employees
Commercial Lending Financial Services Lending Venture Capital B2B
Total raised
$1.2B
Rounds
5
Latest
Undisclosed round
Feb 2026

Hercules Capital has raised $1.2B across 5 funding rounds on record, the most recent an undisclosed round of $300M announced in Feb 2026.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Hercules Capital Company Profile and Key Stats

Total funding raised
$1.2B
across 5 rounds on record
Funding rounds on record
5
1 with no disclosed amount
Latest funding round
Undisclosed round
$300M in Feb 2026
Employees
101-250
reported band
Headquarters
San Mateo, United States

Latest funding round on record: Feb 2026.

Hercules Capital Funding Rounds

Date
Round
Amount
Undisclosed round
$300M
Undisclosed round
$350M
Undisclosed round
$250M
Undisclosed round
$300M
Undisclosed round
Undisclosed

1 of 5 rounds was announced without a disclosed amount and is excluded from the total.

Hercules Capital announced an undisclosed round in Aug 2023; the amount was not disclosed.

1.3 years later, an undisclosed round of $300M was announced in Dec 2024.

3 months later, an undisclosed round of $250M was announced in Mar 2025.

3 months later, an undisclosed round of $350M was announced in Jun 2025.

8 months later, an undisclosed round of $300M was announced in Feb 2026.

Hercules Capital Founders and Leadership Team

Name
Role
Contact
Roy Y Liu
Founder
Manuel A Henriquez
CEO

No contact details are on record for this team yet.

Hercules Capital Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Hercules Capital's latest round of $300M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Hercules Capital Funding FAQs

What does Hercules Capital do?

Hercules is a non-bank lender to venture capital-backed companies at all stages of development in a broadly diversified variety of technology, life sciences, and sustainable and renewable technology industries. With over a decade of experience in venture debt, Hercules is uniquely positioned to create innovative financing solutions that perfectly fit within a company's existing capital structure and map to its business objectives. Recognized as the industry leader, Hercules understands the flexibility these types of companies need and has the experience to work closely with them, even through challenging times, to help them reach critical milestones. Hercules' deep sector expertise, geographic presence, and strong capital base have made Hercules the lender of choice for more than 480 innovative companies.

How much funding has Hercules Capital raised?

Hercules Capital has raised $1.2B across 5 rounds on record. The most recent is an undisclosed round of $300M announced in Feb 2026.

When did Hercules Capital last raise funding?

Hercules Capital's most recent funding round on record is an undisclosed round of $300M, announced in Feb 2026.

Who founded Hercules Capital?

FundedIQ lists Roy Y Liu (Founder) at Hercules Capital.

Who is the CEO of Hercules Capital?

Manuel A Henriquez is listed as CEO at Hercules Capital.

Where is Hercules Capital headquartered?

Hercules Capital is based in San Mateo, California, United States.

How many employees does Hercules Capital have?

Hercules Capital is in the 101-250 employee band.

How does Hercules Capital's funding compare to other Financial Services startups?

Hercules Capital's latest round of $300M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Hercules Capital Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Hercules Capital is left off this page rather than filled in.

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