The Directory of Venture Debt was created as a project by Eric Sigler, a 20 year veteran of the venture industry, to provide transparency into the venture debt market and thus help entrepreneurs more efficiently find capital.
There are over 150 venture debt lenders, each with unique geographic, stage, risk, and sector mandates. The process of finding the right lender today remains unnecessarily opaque and archaic, with the most common discovery process being BOD member introductions drawn from narrow and perhaps outdated personal lender relationships. At my former venture fund, we had a shared spreadsheet of “Go To” lenders. It had maybe 20 lenders on it, but many of them were no longer in business or had been acquired. Similarly, the contacts often had moved to other firms. By contrast, we speak with these lenders almost daily and have analysts to help ensure we have the most complete and up to date information on lenders.
Our goal is to offer the definitive free directory of venture lenders and more efficiently connect entrepreneurs to debt capital. We welcome input regarding how to make this directory more helpful to entrepreneurs, lenders, and advisors.
Note that our initial emphasis is on the IT sector (software, SaaS, hardware, Internet, tech services), but we expect to expand sector coverage if the directory proves useful.