Founded in 2007 and headquartered in Raleigh, North Carolina, Triangle Capital Corporation focuses on investing in rounds with 1-2 participants. It often co-invests with notable firms such as Goldman Sachs and Sierra Ventures. The fund typically participates in less than 2 investment rounds annually, with deals ranging from $10 to $50 million. Triangle Capital Corporation has a higher rate of exits compared to other organizations and prefers to invest in startups in the Oil and Gas and Health Care sectors. The company also looks for established, lower middle-market companies with annual revenues between $10 and $100 million.