At North Atlantic Capital, we provide growth capital to innovative technology companies across the United States. Founded in 1986 and based in Portland, Maine, we are currently investing our fifth fund, which is capitalized at more than $123 million. We target high-growth, later-stage technology businesses with annual revenues of more than $10 million. Our initial investments are structured as subordinated debt with warrants or equity features, and typically range between $5 million and $10 million.
More Flexible than Debt. Less Costly than Equity.
Structured Debt Features
Our structured debt offering has several attractive characteristics for rapidly growing businesses seeking patient risk capital:
• No financial covenants
• Six-year term with no principal payments due until maturity
• Fixed interest rate for term of the loan
• Deeply subordinated to senior working capital loans
Our pricing compares very favorably to equity financings, and our structure is far more flexible than traditional venture debt.
Typical Applications
North Atlantic’s structured debt has been utilized in the following situations:
• As final growth capital raised in anticipation of an exit
• To provide founder or shareholder liquidity
• To refinance existing mezzanine or venture debt that is amortizing
• To finance acquisitions
More Flexible than Debt. Less Costly than Equity.
Structured Debt Features
Our structured debt offering has several attractive characteristics for rapidly growing businesses seeking patient risk capital:
• No financial covenants
• Six-year term with no principal payments due until maturity
• Fixed interest rate for term of the loan
• Deeply subordinated to senior working capital loans
Our pricing compares very favorably to equity financings, and our structure is far more flexible than traditional venture debt.
Typical Applications
North Atlantic’s structured debt has been utilized in the following situations:
• As final growth capital raised in anticipation of an exit
• To provide founder or shareholder liquidity
• To refinance existing mezzanine or venture debt that is amortizing
• To finance acquisitions
Location: United States, Maine, Portland
Employees: 1-10
Founded date: 1986
Investment Type: Venture Capital
Investment Stage: Debt
Portfolio 2
| Date | Name | Website | Total Raised | Location |
| 16.10.2018 | Springbot | springbot.com | $63M | South Afri... |
| 03.06.2015 | @VideoBloc... | videoblocks.com | $18.5M | - |
Mentions in press and media 29
| Date | Title | Description |
| 24.03.2025 | Siemens announces $10 billion in U.S. investment for manufacturing and AI infrastructure | Siemens, the German industrial conglomerate specializing in automation, electrification, and digitalization technologies, is committing more than $10 billion in investments to expand its operations in the United States. The move includes ne... |
| 18.03.2025 | GE Aerospace $1 Billion Investment to Expand U.S. Manufacturing in 2025 | GE Aerospace, a global leader in aircraft propulsion and engine manufacturing, will invest nearly $1 billion in its U.S. factories and supply chain in 2025. The initiative, nearly double last year’s commitment, is intended to increase manuf... |
| 16.02.2025 | Sintavia: $10 Million Subordinated Debt Investment Raised | Sintavia, a leading all-digital aerospace component manufacturer, announced that it raised a $10 million subordinated debt investment from the Stifel North Atlantic AM-Forward Fund. The capital from this investment, which is the first of th... |
| 12.02.2025 | The Future of Energy and Aerospace: Innovations Shaping Tomorrow | In a world racing against time, two industries stand at the forefront of innovation: energy and aerospace. Both sectors are undergoing seismic shifts, driven by the urgent need for sustainability and technological advancement. The recent an... |
| 12.02.2025 | Sintavia Secures New $10 Million Investment to Bolster Aerospace Production | Sintavia, a Florida-based additive manufacturing service provider specializing in aerospace components, has received $10 million in a subordinated debt investment. The new capital was provided by the Stifel North Atlantic AM-Forward Fund, a... |
| 05.11.2024 | UNITED GRINDING Group Acquires GF Machining Solutions to Boost Additive Manufacturing | United Grinding Group, a Swiss manufacturer specializing in eroding, laser, and measuring machines, has signed an agreement to acquire GF Machining Solutions (GFMS), the machining division of Georg Fischer AG (GF). Valued between CHF 630 mi... |
| 20.12.2018 | HGP – Springbot Closes $15 Million in Funding to Power Marketing for SMB eCommerce Deal Punctuates a Year of Strong Revenue Growth and Innovation with Launch of Data Co-Op | Atlanta – October 16, 2018 – Springbot, a data-driven marketing platform for eCommerce retailers, today announced it has closed $15 million in funding led by North Atlantic Capital with participation from existing investors TechOperators, T... |
| 16.10.2018 | Springbot Closes $15 Million in Funding | Springbot, a data-driven marketing platform for eCommerce retailers, today announced it has closed $15 million in funding led by North Atlantic Capital with participation from existing investors TechOperators, TTV Capital, Harbert Growth Pa... |
| 16.10.2018 | North Atlantic Capital Leads $15M Funding for Springbot | Springbot, a data-driven marketing platform for eCommerce retailers, today announced it has closed $15 million in funding led by North Atlantic Capital with participation from existing investors TechOperators, TTV Capital, Harbert Growth Pa... |
| 02.11.2016 | Term Sheet — Wednesday, November 1 | Et cetera Money in the Bank: Yesterday’s Term Sheet included a last-minute deal announcement that deserves a little extra attention today: Battery Ventures, Andreessen Horowitz and Ribbit Capital invested $28 million in Cross River Bank. Pa... |
Show more