| Name | Jurisdiction of Organization | ||||
| Hercules Capital IV, L.P. | Delaware | ||||
| Hercules SBIC 4 L.P. | Delaware | ||||
| Hercules Funding IV, LLC | Delaware | ||||
| Hercules Capital Funding 2022-1 LLC | Delaware | ||||
| Hercules Capital Funding Trust 2022-1 | Delaware | ||||
| Hercules Technology Management LLC | Delaware | ||||
| Hercules Technology Management Co II, Inc. | Delaware | ||||
| Hercules Technology Management Co IV LLC | Delaware | ||||
| Hercules Technology SBIC Management, LLC | Delaware | ||||
| HTGC UK Limited | United Kingdom | ||||
| Unconsolidated Subsidiaries | |||||
| Gibraltar Business Capital LLC | Delaware | ||||
| Gibraltar Equipment Finance LLC | Delaware | ||||
| Gibraltar Acquisition LLC | Delaware | ||||
| HercGBC LLC | Delaware | ||||
| Hercules Capital Management LLC | Delaware | ||||
| Hercules Adviser LLC | Delaware | ||||
| Hercules Partner Holdings, LLC | Delaware | ||||
| Hercules Private Credit Fund 1 L.P. | Delaware | ||||
| Hercules Private Fund One LLC | Delaware | ||||
| Hercules Private Global Venture Growth Fund GP I LLC | Delaware | ||||
| Hercules Private Global Venture Growth Fund I L.P. | Delaware | ||||
| Hercules Venture Growth Credit Opportunities Fund 1 L.P. | Delaware | ||||
| Hercules Venture Growth Credit Opportunities Fund 2 L.P. | Delaware | ||||
| Hercules Venture Growth Credit Opportunities Fund GP I LLC | Delaware | ||||