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Rand Capital

RAND

Rand Capital Corp is an externally managed business development company (BDC) that provides growth and expansion capital to lower middle-market companies.

Market cap
$29.91M-45.3%

Table of contents

Earnings

Next report

Aug 5, 2026 (In 1 week)

Competitors

Profile

Rand Capital Corp is an externally managed business development company (BDC) that provides growth and expansion capital to lower middle-market companies. The firm primarily focuses on generating current income and capital appreciation through higher-yielding debt instruments and equity investments. It operates as a regulated investment company (RIC) for tax purposes, targeting businesses with sustainable products and proven revenue models.

Competitive position

Rand leverages a specialized referral network and its status as a BDC to provide flexible capital solutions to companies that lack ready access to conventional financial channels.

GeographiesUnited States
Customer segmentsLower middle-market companies, Emerging businesses
Business modelInvestment Management, Externally Managed BDC
SuppliersCapital from shareholders, Investment advisory services from RCM, Referral networks (accountants, bankers, lawyers)
CustomersLower middle-market portfolio companies, Institutional and retail investors
Listed1995
Employees4.0
CEODaniel Penberthy
FilingsSEC EDGAR

Questions, answered.

What is Rand Capital's market cap?
Rand Capital (RAND) has a market capitalization of $29.9M and trades on NASDAQ.
Who are Rand Capital's competitors?
Rand Capital's key competitors include Main Street Capital Corp, Hercules Capital Inc, Ares Capital Corp, and others. These companies compete in similar markets and product categories.
Who does Rand Capital partner with?
Rand Capital's notable partners include Rand Capital Management, LLC, East Asset Management.
What subsidiaries does Rand Capital have?
Rand Capital's subsidiaries include Rand BMP Swanson Holdings Corp., Rand Carolina Skiff Holdings Corp., Rand DSD Holdings Corp., and others.
Where is Rand Capital headquartered?
Rand Capital is headquartered in United States of America and employs approximately 4 people. It has been publicly traded since 1995.