Manatt’s Venture Lending team represented Runway Growth Capital, a leading provider of growth loans to venture and non-venture-backed companies, in connection with its $20 million growth capital commitment to Elevate. Elevate is a top provider of consulting, technology, and services for law departments and law firms. This investment increases the previous $40 million senior secured term loan that Runway provided in 2023.
The Manatt team included Partners Troy Zander and Warren Biro and Counsel Haley Fiallo.