Rand Capital Corporation
RANDNASDAQFinancialsAsset Management

About Rand Capital

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.

Company Information

CEODaniel Penberthy
Founded1969
Employees4
CountryUnited States
Fiscal YearJanuary - December

Stock Details

ExchangeNASDAQ (NASDAQ)
CurrencyUSD - USD
TypeStock
SubtypeCommon Stock

Contact Information

Phone617-880-7494
Address
14 Lafayette Square, Suite 1405 Buffalo, New York 14203 United States

Corporate Identifiers

CIK0000081955
CUSIP752185207
ISINUS7521852076
EIN16-0961359

Leadership Team & Key Executives

Daniel Patrick Penberthy
President and Chief Executive Officer
Margaret Whalen Brechtel CPA
Executive Vice President, Treasurer, Chief Financial Officer and Secretary
Deborah Kay Pawlowski
Investor Relations
Heather Eastgate
Chief Compliance Officer