David Spreng, founder of Runway Growth Capital, invests primarily in late-stage and growth-stage companies (typically Series C+). See contact routes.
David Spreng, founder of Runway Growth Capital, invests primarily in **late-stage and growth-stage companies** (typically Series C+) across **technology** (SaaS, fintech, AI, enterprise tech) and **life sciences** sectors via **venture debt** ranging from **$5M to $150M** [2][3][4]. His distinctive thesis centers on providing **minimally dilutive financing** to help founders avoid equity dilution while funding growth, targeting firms with **$10M+ annual revenue**, proven product-market fit, and **15–20%+ annual growth** [2][3]. Notable portfolio companies include **CloudPassage**, **eSilicon**, **RealWear**, **CareCloud**, and **RedSeal**, with 18 IPOs and 14 trade sales from his broader 30+ year VC career [1][3][7].
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