Runway Growth Capital LLC appointed Ted Cavan as Managing Director, Technology. Cavan will operate out of Boston and report directly to Founder, Chief Executive Officer, and Chief Investment Officer, David Spreng. As a member of Runway's origination team, Cavan will engage with a broad array of late and growth-stage technology companies, focusing on enterprise software.

He brings to Runway a decade of experience helping businesses advance their goals using venture and growth debt. Cavan most recently held the position of Senior Vice President at Stifel, where he led the Boston area technology practice of its Venture Banking and Lending Group. In his role, Cavan was responsible for sourcing promising investment opportunities, building relationships with management teams, crafting deal terms, and actively managing a portfolio of senior debt investments ranging from $1M – $50M.

He previously worked for TriplePoint Capital as a Vice President, where he became Principal and was part of a two-person team responsible for launching TriplePoint's East Coast efforts in 2015. Prior to that, he was a Vice President at Square 1 Bank, responsible for origination, due diligence, deal execution, and portfolio management of more than $150M of loans ranging from $250K – $20M. Cavan completed his undergraduate degree at Skidmore College, before receiving his Master of Business Administration from the University of Virginia Darden Graduate School of Business Administration.