TriplePoint Venture Growth BDC Corp. (TPVG) is a Financial Services stock trading at $4.45 (as of 2026-07-24), with a market capitalization of $180.46M and a trailing P/E of 4.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.
TriplePoint Venture Growth BDC invests in venture capital-backed growth stage companies and provides growth-stage debt financing, aiming to earn returns through its debt portfolio yield and its equity-related positions (warrants and equity investments).
EngineLine: Because it is primarily a debt-and-equity lender to venture growth stage companies, its earnings power depends most on the yield it generates across its debt investments (portfolio yield), alongside how much new debt it funds and how repayments and prepayments flow through the portfolio.
Business quality (Solid): The company’s disclosures center on portfolio yield and debt investment activity, which aligns with a BDC model built on lending to growth stage companies and holding equity upside, but performance can be sensitive to portfolio outcomes reflected in yield, repayments, and funding volumes.
Valuation: At 5× earnings, TPVG trades 47% below the Asset Management average (10×). Note: one-time items can distort reported P/E.
| Price | $4.45 |
| Market Cap | $180.46M |
| P/E Ratio | 4.2 |
| Price / Book | 0.51 |
| Price / Sales | 2.56 |
| DCF Value (model) | $13.47 |
| DCF Upside vs Price | 203.0% |
| Revenue (TTM) | $69.72M |
| Net Margin | 70.6% |
| Revenue Growth (YoY) | 4.3% |
| EPS Growth (YoY) | -14.8% |
| Stock P/E | 4.2 |
| Sector P/E (Financial Services) | 8.9 |
| Industry P/E (Asset Management) | 8.9 |
| vs Sector | -52.5% |
| vs Industry | -52.6% |
| Top Institutional Holder | Invesco Ltd. ($7.90M) |
| Institutional Holders Tracked | 10 |
| Sector | Financial Services |
| Industry | Asset Management |
| CEO | James Peter Labe |
| Country | US |
| IPO Date | 2014-03-06 |
Data as of 2026-07-24.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.