In the second quarter of 2025, Runway Growth funded three investments: two investments in new portfolio companies and one investment in an existing portfolio company. These include: Completion of a new $40M investment to Autobooks, funding $27M at close. Autobooks is a financial technology innovator providing integrated payment, invoice, and accounting solutions specifically tailored to small and medium sized businesses; Completion of a new $20M investment to Swing Education, funding $8.0M at close. Swing Education is a leading online marketplace that connects schools with qualified substitute teachers; and Completion of a new $2.8M investment to existing portfolio company, Marley Spoon SE. Subsequent to quarter end, Runway Growth completed a new $10.0M investment to Federal Hearings and Appeals Services, funding $7.5M at close. FHAS is a trusted national leader in providing business processing and outsourcing services to federal and state government agencies. During the second quarter of 2025, Runway Growth experienced the following liquidity events in its investment portfolio: Full principal repayment of the Company’s senior secured term loan to SetPoint Medical Corporation of $25M; and Other scheduled loan principal amortization payments of $4.1M. Subsequent to quarter end, Runway Growth received a full principal repayment of the Company’s senior secured term loan to Nalu Medical Inc. of $21.1M.
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