Tacora Capital provides venture debt to VC-backed startups. Traditionally, venture debt is debt raised usually in unison with raising equity by startups. The debt ' often less structured and with fewer financial covenants than other forms of debt ' is used for traditional growth purposes and is often lent based on the startup's investors and/or where the company is in its growth. Founders Fund ' whose investments over the years include Airbnb, Palantir Technologies and Stripe ' had a busy 2024, making several high-profile investments in companies such as fintech startup Ramp, defense startup Anduril Industries, and AI and data platform Databricks.
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