Trinity Capital Inc. Stock Price, News & Analysis

Trinity Capital (NASDAQ:TRIN), an alternative asset manager, has announced a significant expansion of its credit facility led by KeyBank N.A. The facility has been increased by $90 million through its existing accordion feature, bringing total commitments from $600 million to $690 million. The credit facility is supported by a diverse syndicate of 13 bank participants.

The expanded facility will provide Trinity with additional liquidity to support the future growth of its platform, as noted by CFO Michael Testa.

Trinity Capital (NASDAQ: TRIN) has announced the appointment of Brian Geraghty as Managing Director of Equipment Finance, based in Dublin, Ireland. This strategic hire marks Trinity's expansion of its Equipment Finance business into the European market.

Geraghty brings over 15 years of experience in venture lending and has originated more than $1 billion in capital across multiple sectors. Prior to joining Trinity, he co-led the investment team at Claret Capital Partners and spent eight years at Silicon Valley Bank, where he originated over $500 million in debt financing while leading their Irish business.

Trinity Capital Inc. (NASDAQ: TRIN) has appointed Josh Mackey as Director of Tech Lending, based in San Francisco. This strategic hire aims to strengthen Trinity's technology lending vertical.

Mackey brings over a decade of experience supporting technology companies and has previously held positions at notable institutions including Comerica Bank, Silicon Valley Bank, TriplePoint Capital, and Liquidity Group. His expertise lies in providing debt solutions to high-growth startups and established tech companies.

Trinity Capital (NASDAQ: TRIN) reported strong Q2 2025 financial results, with total investment income reaching $69.5 million, up 27.3% year-over-year. The company achieved net investment income of $34.8 million ($0.53 per share), representing a 30.3% increase from Q2 2024.

Key highlights include a record Net Asset Value of $923.6 million ($13.27 per share), representing a 35.8% year-over-year increase. The company made total gross investments of $365.5 million, including $292.3 million in 15 new portfolio companies. Trinity maintained strong portfolio quality with only 0.9% of debt investments on non-accrual status and declared its 22nd consecutive regular dividend of $0.51 per share.

Trinity Capital (NASDAQ: TRIN) has committed $60 million in equipment financing to EarthDaily Analytics, a provider of Earth observation solutions. The funding will support EarthDaily's operations and the completion of its global satellite constellation deployment.

EarthDaily recently achieved a significant milestone with the successful launch of the first satellite in its planned 10-satellite constellation. The company specializes in delivering daily earth observation imagery combined with AI and geospatial analytics solutions, helping industries and governments monitor assets and manage environmental risks.

Trinity Capital Inc. (Nasdaq: TRIN) has committed $20 million in growth capital to b.well Connected Health, a digital health platform provider. b.well's FHIR-based platform unifies healthcare data and services, offering interoperability and personalization for healthcare organizations.

The platform leverages AI capabilities to predict health risks, identify care gaps, and provide proactive health recommendations. The funding will support b.well's operational scaling and market expansion efforts, with the company focusing on simplifying healthcare access and engagement for both medical professionals and consumers.

Trinity Capital (NASDAQ: TRIN) has committed up to $40 million in an asset-based revolving credit facility to Alt Platform Inc., an online marketplace for trading cards. Alt's platform enables users to buy, sell, vault, and obtain loans against investment-grade trading cards across 76 countries.

The platform features fixed-price listings, curated weekly auctions, instant cash advances, secure vaulting services, and a collateralized lending program. Alt also provides "Alt Value," a proprietary AI-powered valuation tool for real-time portfolio insights. The funding will support Alt's market expansion and enhance its ability to offer larger loans and instant cash advances to collectors.

Trinity Capital (NASDAQ: TRIN) has received conditional approval from the U.S. Small Business Administration (SBA) to submit an application for a Small Business Investment Company (SBIC) license. The company's predecessor entities have previously deployed $734 million through two SBIC funds.

If approved, Trinity Capital could access up to $175 million in SBA-guaranteed debentures, expanding its third-party capital management capabilities through its Registered Investment Advisor subsidiary. The Green Light letter allows TRIN to proceed with the formal SBIC license application, though final approval is not guaranteed.

Trinity Capital (NASDAQ: TRIN), a leading alternative asset manager, reported significant investment activity in Q2 2025. The company originated $519 million in new commitments during the quarter, contributing to total first-half 2025 commitments of $705 million.

In Q2 2025, Trinity funded $365 million in investments, including $296 million in secured loans, $68 million in equipment financings, and $1 million in warrant and equity investments. The company funded 14 new portfolio companies with $292 million and provided $73 million to existing portfolio companies. Investment repayments and exits totaled $196 million for the quarter.