FERMINGTON, Connecticut., July 6, 2021 / PRNewswire / – Horizon Technology Finance Corporation (NASDAQ: HRZN) (Horizon), a leading specialty finance company that provides capital in the form of secured loans to venture capital firms in technology, life sciences, health information and services, and sustainable development, announced today that it has taken over the leadership of 10 million dollars venture loan RepTrak Holdings, Inc. (“RepTrak”) funded by Horizon 5 million dollars and a private investment vehicle operated by Horizon Technology Finance Management LLC, a Horizon consultant, funded 5 million dollars…
RepTrak has developed the world’s largest enterprise software platform and subscription-based services focused on providing businesses with key insights to help them better understand, improve and protect their corporate reputation. By tracking and tracking how consumers feel about a brand, RepTrak provides business leaders with measurable and actionable insights to drive loyalty and increase ROI. RepTrak has received funding from renowned industry sponsor Catalyst Investors and will use the borrowed funds for general working capital purposes.
“The innovative RepTrak software platform delivers targeted and important reputation metrics, allowing business leaders and communications professionals across industries to identify potential reputational risk and shape key actions to improve the perception of their business,” said Gerald A. Michaud, President of Horizon. “We are delighted to support RepTrak’s growth as it continues to expand its market share by further developing proprietary technology and expanding its highly professional customer base.”
“We’re delighted to be backed by Horizon RepTrak, further reinforcing our belief that the intrinsic value of our own data and insights helps business leaders better understand and manage the market perception of their companies,” said Kylie Wright-Ford, CEO of RepTrak. “As companies across the spectrum are increasingly adopting customer-centric and ESG initiatives, we are well positioned to provide our customers with the information they need to improve their brands and prove that doing and saying the right thing is always good. business”.
Cafferty & Company acted as an independent advisor to RepTrak on the deal.
About Horizon Technology Finance
Horizon Technology Finance Corporation (NASDAQ: HRZN) is a leading specialty finance company that provides secured equity capital to venture capital firms in technology, life sciences, health information and services, and sustainable development. Horizon’s investment goal is to maximize the return on its investment portfolio by generating current income from debt investments and capital gains through the warrants it receives on such debt investments. Horizon is headquartered in Farmington, Connecticut, with a regional office in g. Pleasanton, California, and investment professionals located in Portland, Maine, Austin, TX, as well as Reston, Virginia… To find out more visit www.horizontechfinance.com…
RepTrak Company ™ is a global leader in reputation data and analytics. We provide the only global platform for data-driven reputation, brand and ESG analysis. Our patented RepTrak® model is the global standard for measuring and analyzing global sentiment using proven data science models and machine learning techniques across industries and regions. RepTrak® subscribers use our forecasts to protect business value, increase return on investment, and increase their positive impact on society.
RepTrak, founded in 2004, owns the world’s largest reputational benchmarking database with over 1 million company ratings per year used by CEOs, boards of directors and executives in more than 60 countries. For more information please visit www.reptrak.com…
The statements included in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical fact included in this press release may constitute forward-looking statements and are not guarantees of future results, conditions or results and are subject to a number of risks and uncertainties. Actual results could differ materially from those indicated in the forward-looking statements as a result of a number of factors, including those that are described from time to time in the Company’s filings with the Securities and Exchange Commission. Horizon assumes no obligation to update any forward-looking statements made herein. All forward-looking statements are valid only as of the date of this press release.
SOURCE Horizon Technology Finance Corporation