About Rand Capital
Rand Capital is a publicly listed company based in Buffalo (United States) founded in 1969. Early Growth stage VC Firm investing primarily in the US. Rand Capital has completed 1 acquisition, including Advantage 24/7. Its chief executive, as recorded, is Daniel P Penberthy. Rand Capital offers products and services including Debt and Equity Investments and Portfolio Management. Its focus areas include Investment Industry, Venture Capital Funds, Independent Funds and Conventional VCs. Its legal entity is Rand Capital Corporation.
Company details
Founded in 1969 and based in Buffalo, United States, Rand Capital operates as a venture capital firm. Investments are directed toward early and growth stages across sectors including SaaS, diagnostics, manufacturing, and ad tech. Typical amounts range from 500,000 to 3 million per deal. Notable portfolio companies include EmergingMed, Loupe, City Dining Cards, and GiveGab. Focus is maintained on US-based opportunities.
- Headquarters Buffalo, United States
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website randcapital.com
- Social X
- Legal Name Rand Capital Corporation
- Annual Revenue$4.47 M (USD)-77.27as on Dec 31, 2025
- Net Profit-$8.04 M (USD)-191.07as on Dec 31, 2025
- EBITDA-$7.86 M (USD)-179.37as on Dec 31, 2025
- Latest Funding Round$25M (USD), Post-IPO
Nov 2019
- Investments & Acquisitions
Products & Services of Rand Capital
Rand Capital offers a comprehensive portfolio of products and services, including Debt and Equity Investments and Portfolio Management.
Investments are made in debt and related equity for income and capital appreciation in lower middle market companies
Management of investments is conducted to support entrepreneurs and drive returns on invested capital
Funding Insights of Rand Capital
- Total Rounds 2
- Last Round Post-IPO — $25M
- First Round $1.23M
(Aug 2009)
All 2 funding rounds of Rand Capital with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2019 | $25M | Post-IPO | – | – | – |
| Aug 2009 | $1.23M | Post-IPO | – | – | – |
People of Rand Capital
9 people are tracked at Rand Capital (5 in leadership, 4 in board & advisors).
| Name | Role | Group |
|---|---|---|
Robert M Zak | Chairman | Leadership |
Daniel P Penberthy | CEO & President | Leadership |
Mitt Romney | Director | Leadership |
Kim Pegula | Director | Leadership |
Ben Godley | Director | Leadership |
Erland E. Kailbourne | Director | Board & advisors |
Cari Jaroslawsky | Director | Board & advisors |
Benjamin E. Godley | Director | Board & advisors |
Adam S. Gusky | Director | Board & advisors |
Complete people profiles for Rand Capital
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IPO & Listings of Rand Capital
Rand Capital is a publicly listed company on the NASDAQ with ticker symbol RAND in USA, operating in the Miscellaneous sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date05 Sep 1995
- Listed onNASDAQ: RAND
- Listed entityRand Capital Corporation
- Exchange sectorMiscellaneous
- ISINUS7521852076
- Share price$9.60 (-4.19% on the day) · 2026-10-13
- Market capitalisation$28.5M
- EPS (diluted, trailing year)$-0.05
- Dividend yield11.99%
- Volume (last session)488
Financials of Rand Capital
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $4.5M | -$8.0M | -$7.9M |
| 2024 | $19.7M | $8.8M | $9.9M |
| 2023 | $8.4M | $6.5M | $8.2M |
| 2022 | $6.5M | -$881,850 | -$475,860 |
| 2021 | $9.9M | $15.8M | $16.4M |
Detailed financial statements for Rand Capital
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Rand Capital
Rand Capital has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Advantage 24/7.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Branding and creative design services are provided worldwide. | advantage24-7.com | Williamsville, United States | 2000 | Dec 2010 | •••• |
Complete acquisition details for Rand Capital
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
- Exports
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Timeline of Rand Capital
5 dated milestones of Rand Capital across 50 years, from founding to its latest funding, stage changes and deals.
- Founded Rand Capital is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $1.2M.
- Acquisition Acquires Advantage 24/7.
- Funding Latest funding round, Post-IPO, of $25.0M.
Web traffic of Rand Capital
The website of Rand Capital (randcapital.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 74.6% vs previous month
Top companies in Venture Capital Funds
3 companies that operate in the same segment as Rand Capital (Venture Capital Funds) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Venture capital firm investing in early-stage tech startups | 1972 | Menlo Park, California, United States | ||||
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | Redwood City, California, United States | USD 691.23 K | |||
Accel is recognized as a leading venture capital firm. | 1983 | Palo Alto, California, United States |
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Related news about Rand Capital
Complete news archive for Rand Capital
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Frequently Asked Questions about Rand Capital
Rand Capital was founded in 1969 and raised its 1st funding round 40 years after it was founded.
Rand Capital is headquartered in Buffalo, United States. It is registered at Buffalo, New York, United States.
Daniel P Penberthy is the CEO of Rand Capital, as recorded in our data.
Annual revenue of Rand Capital is $4.47M as on Dec 31, 2025.
Founded in 1969 and based in Buffalo, United States, Rand Capital operates as a venture capital firm. Investments are directed toward early and growth stages across sectors including SaaS, diagnostics, manufacturing, and ad tech. Typical amounts range from 500,000 to 3 million per deal. Notable portfolio companies include EmergingMed, Loupe, City Dining Cards, and GiveGab. Focus is maintained on US-based opportunities.
Rand Capital offers Debt and Equity Investments and Portfolio Management.
Yes, Rand Capital is publicly traded on NASDAQ under the ticker symbol RAND.
Rand Capital has made 1 acquisition, including Advantage 24/7.
Rand Capital operates through Rand Capital Corporation.