North Atlantic Capital Email Format
Venture Capital and Private Equity PrincipalsMaine, United States11-50 Employees
North Atlantic Capital is a Portland, Maine-based firm that provides growth capital to technology companies across the United States. Founded in 1986, it targets high-growth, later-stage technology businesses with annual revenues above $10 million. The firm offers structured debt with warrants or equity features, typically sized between $5 million and $10 million, and designed to be more flexible than traditional venture debt and less costly than equity. Its structured debt features a six-year term with no principal payments until maturity, no financial covenants, a fixed interest rate, and deep subordination to senior working capital loans. In 2021, Stifel Financial Corp. announced it would acquire the future business of North Atlantic Capital Corporation, based in Portland, Maine.