Leonid Capital Partners, which finances high-growth technology companies working in the national security sector, has named industry veteran Ian Holroyd as its new chief financial officer.
Leonid provides credit for startups that contract with the federal government for highly technical engagements in fields such as software, biotech and engineering.
Chris Lay founded the Huntington Beach-based company in 2019 after running into obstacles in his quest for bank financing for his defense-focused startup.
Last year, Leonid secured a $200 million credit facility from Chicago-based Victory Park Capital, an alternative investment firm specializing in private credit. That funding came on top of $40 million previously raised from family offices and friends.
Holroyd comes to Leonid after holding several senior-level finance positions at IQ-EQ, including senior managing director, CFO Services & Accounting.
Before that, he worked as chief accounting officer and executive vice president at WMD Asset Management LLC and as vice president, finance and accounting at Imperial Capital LLC.
James Parker is the other co-founder of Leonid.
