SuRo Capital : Investor Presentation - October 2024

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Investor Presentation October 2024

SuRo Capital Is The Public's Gateway To Venture Capital

SuRo Capital is a publicly traded, growth-stage venture

capital firm started in 2011,(1) investing in a growing

portfolio of companies across many sectors including AI, Consumer, and Software

Note: The logos shown are not inclusive of all of SuRo Capital's current portfolio companies. SuRo Capital's full existing held companies can be found in public filings at www.sec.gov.

(1) SuRo Capital is invested in the Convertible Equity of OpenAI Global, LLC through its investment in the Class A Interest of ARK Type One Deep Ventures Fund LLC. ARK Type One Deep Ventures Fund LLC's sole

portfolio asset for Class A Interest holders is the Convertible Equity of OpenAI Global, LLC.

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October 2024

Making Venture Capital Accessible

Investing in venture capital has been largely

inaccessible to the average investor.

We believe other access vehicles miss the mark.

So why choose SuRo Capital?

Become a venture capitalist.

Join thousands of other

Invest through almost any

shareholders.

brokerage account or app.

Have a stake in some of the

most exciting private names

Participate in deals previously

We are listed on NASDAQ

before they go public

reserved for ultra high net

under ticker symbol "SSSS"

worth individuals

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October 2024

Investing In Quality

We focus on quality. Our investment thesis is simple: we aim to invest in the highest quality founders building exciting and rapidly growing businesses while remaining steadfast on driving shareholder value.

Growth

Stage of Business

Pre-seed

Price Insensitive

SuRo Capital's

Primary & Secondary

Focus

Investors

Angels, Friends & Family

Early Stage

Venture Capital

Low

High

Valuation Sensitivity

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October 2024

SuRo Capital's Journey

We've executed on our strategy successfully for over a decade. Throughout our history, we have invested in some of the world's most valuable companies.

(1)

SuRo Capital

SuRo Capital

SuRo Capital

SuRo Capital

SuRo Capital

invests $21.1M in

invests $17.4M in

invests $7.5M in

invests $13.6M in

invests $17.5M in

Palantir

Coursera

Lyft

Spotify

OpenAI

Fully Exited in

Fully Exited in

Fully Exited in

Fully Exited in

Currently Held

2021 for $145.0M

2021 for $115.3M

2019 for $20.9M

2019 for $46.4M

Year of Initial

2012

2013

2014

2015

2024

Investment

Multiple on

6.9x

6.6x

2.8x

3.4x

N/A

Money

Note: SuRo Capital was formerly known as NeXt Innovation Corp., GSV Capital Corp. and Sutter Rock Capital Corp.

(1) SuRo Capital is invested in the Convertible Equity of OpenAI Global, LLC through its investment in the Class A Interest of ARK Type One Deep Ventures Fund LLC. ARK Type One Deep Ventures Fund LLC's sole

portfolio asset for Class A Interest holders is the Convertible Equity of OpenAI Global, LLC.

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October 2024

Our Portfolio Has Evolved

With a rigorous sourcing and investment process, we have evolved the portfolio. Our portfolio now includes some of the most valuable private companies in the world backed by some of the largest venture capital funds.

Select Exited Portfolio

Select Current Portfolio

(1)

(2)

Note: Exited & Current Portfolios are not exhaustive. SuRo Capital's full existing and previously held companies can be found in public filings at www.sec.gov.

Shares of VAST Data, Ltd. through a special purpose vehicle.

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October 2024

SuRo Capital's Advantage Is Clear

1

2

Access to Private

Investments

We have a robust sourcing process that allows SuRo Capital to access opportunities that other similarly positioned funds cannot

Our detailed investment process is focused not

Rigorous Analysis

only on simply accessing opportunities, but investing in them at attractive prices

3

Commitment to

Creating shareholder value is our top priority. SuRo Capital's investments are made with the

Shareholder Value

question in mind: How does this enhance value for our stakeholders?

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October 2024

Investing In The Future of Artificial Intelligence: OpenAI(1)

OpenAI Description

(1)

SuRo Capital Investment

Opportunity

Select OpenAI Investors

Sources: WSJ.com | OpenAI Nearly Doubles Valuation to $157 Billion in Funding Round, Axios.com | OpenAI raises $6.6 billion in largest VC round ever, OpenAI.com | New funding to scale the benefits of AI.

(1) SuRo Capital is invested in the Convertible Equity of OpenAI Global, LLC through its investment in the Class A Interest of ARK Type One Deep Ventures Fund LLC. ARK Type One Deep Ventures Fund LLC's sole portfolio

asset for Class A Interest holders is the Convertible Equity of OpenAI Global, LLC.

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October 2024

Investing In Consumer Brands: Liquid Death

Liquid Death Description

SuRo Capital Investment

Opportunity

Select Liquid Death Investors

Source: LiquidDeath.com, "Liquid Death Further Strengthens Leadership with Appointment of Former BODYARMOR Leader Mike Fine as Chief Retail Officer and Promotion of 7-Eleven Alum Marisa Bertha to Chief Strategy Officer" (October 2024).

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October 2024

Disclaimer

SuRo Capital Corp. published this content on October 11, 2024, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on October 11, 2024 at 03:42:05.429.