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Horizon Technology Finance Provides $15 Million Venture Loan Facility to Alula

PUBLIC · HRZNDec 30, 2020

Amount Raised

$15 Million

Round Type

Debt Financing

FarmingtonFinancial ServicesFinanceVenture CapitalFintechLending

Description

 Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today it has funded $13 million of a $15 million venture loan facility to Alula Holdings, LLC ("Alula"), which facility will refinance existing debt as well as provide general working capital.

Quick answer

Horizon Technology Finance raised $15 Million in a Debt Financing round, dated December 30, 2020. Horizon Technology Finance is based in Farmington, Connecticut, United States.

How much did Horizon Technology Finance raise?
Horizon Technology Finance raised $15 Million in a Debt Financing round on December 30, 2020.
What does Horizon Technology Finance do?
Horizon Technology Finance Corporation (NASDAQ: HRZN) is a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science,..
Where is Horizon Technology Finance based and how big is it?
Horizon Technology Finance is based in Farmington, Connecticut, United States. Fundz records about 45 employees.
Who are the decision-makers at Horizon Technology Finance?
Fundz holds 5 contacts at Horizon Technology Finance, including the CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Horizon Technology Finance that raised within 45 days of this round, from Fundz verified event records.

  • National Bank of Canada raised $15M (Funding Round) on February 9, 2021.
  • Discover raised an undisclosed amount on January 15, 2021.
  • Hancock Whitney raised an undisclosed amount on January 7, 2021.
  • ZSuite Technologies, Inc. raised $35K (Pre-Seed) on December 28, 2020.
  • Bread Financial™ raised $157M on December 18, 2020.
  • Cashfree, Inc. raised $35M on December 1, 2020.

Who to call at Horizon Technology Finance, and when

A new round usually means Horizon Technology Finance is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Horizon Technology Finance raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Horizon Technology Finance, from your own LinkedIn network

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Company Information

Company

Horizon Technology Finance

Location

Farmington, Connecticut, United States

About

Horizon Technology Finance Corporation (NASDAQ: HRZN) is a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries. The investment objective of HRZN is to maximize its investment portfolio's return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. Horizon Technology Finance Management LLC is headquartered in Farmington, Connecticut, with a regional office in Pleasanton, California, and investment professionals located in Portland, Maine, Austin, Texas, and Reston, Virginia. To learn more, please visit www.horizontechfinance.com.

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Related People

5 contacts
Verified contactsRobert P., CEO hidden hidden hiddenSee plans and pricing
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Horizon Technology Finance raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.