Rand Capital

Buffalo, United States Founded: 1969 • Age: 57 yrs
Early Growth stage VC Firm investing primarily in the US
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About Rand Capital

Rand Capital is a company based in Buffalo (United States) founded in 1969.. Rand Capital has completed 1 acquisition, including Advantage 24/7. Rand Capital offers products and services including Debt and Equity Investments and Portfolio Management.

  • Headquarter Buffalo, United States
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Rand Capital Corporation
Operational Areas
Financial Services → Private Capital & Alternative Investments
Key Metrics
  • Annual Revenue
    $19.68 M
    134.64
    as on Dec 31, 2024
  • Net Profit
    $8.83 M
    35.25
    as on Dec 31, 2024
  • EBITDA
    $9.9 M
    19.95
    as on Dec 31, 2024
  • Latest Funding Round
    $25 M (USD), Post-IPO

    Nov 11, 2019

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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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.

Exchange: NASDAQ · Ticker: RAND . Sector: Miscellaneous · USA

Products & Services of Rand Capital

Rand Capital offers a comprehensive portfolio of products and services, including Debt and Equity Investments and Portfolio Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

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

People of Rand Capital
Headcount 1-10
Employee Profiles 7
Board Members and Advisors 5
Employee Profiles
People
Daniel P. Penberthy
President & CEO
People
Adam S. Gusky
Director
People
Kim Pegula
Director
People
Erland E. Kailbourne
Director

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Board Members and Advisors
people
Erland E. Kailbourne
Director
people
Cari Jaroslawsky
Director
people
Benjamin E. Godley
Director
people
Adam S. Gusky
Director

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Teams

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Funding Insights of Rand Capital

  • Total Funding
  • Total Rounds 2
  • Last Round Post-IPO — $25.0M
  • First Round

    (12 Aug 2009)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2019 Amount Post-IPO - Rand Capital Valuation

investors

Aug, 2009 Amount Post-IPO - Rand Capital Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Rand Capital

Rand Capital has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Advantage 24/7. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Branding and creative design services are provided worldwide.
2000
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Rand Capital

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Rand Capital Comparisons

Employees
+
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Competitors of Rand Capital

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Rand Capital

Frequently Asked Questions about Rand Capital

When was Rand Capital founded?

Rand Capital was founded in 1969 and raised its 1st funding round 40 years after it was founded.

Where is Rand Capital located?

Rand Capital is headquartered in Buffalo, United States. It is registered at Buffalo, New York, United States.

Who is the current CEO of Rand Capital?

Daniel P Penberthy is the current CEO of Rand Capital.

What is the annual revenue of Rand Capital?

Annual revenue of Rand Capital is $19.68M as on Dec 31, 2024.

What does Rand Capital do?

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.

What products or services does Rand Capital offer?

Rand Capital offers Debt and Equity Investments and Portfolio Management.

Is Rand Capital publicly traded?

Yes, Rand Capital is publicly traded on NASDAQ under the ticker symbol RAND.

How many acquisitions has Rand Capital made?

Rand Capital has made 1 acquisition, including Advantage 24/7.

What is Rand Capital's ticker symbol?

The ticker symbol of Rand Capital is RAND on NASDAQ.

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