
TCV
Description
Technology Crossover Ventures (TCV), established in 1995 and headquartered in Menlo Park, California, is a prominent growth equity firm specializing in providing capital to leading private and public technology companies. With a deep sector focus, TCV primarily targets businesses across software, FinTech, internet, infrastructure, and tech-enabled services. The firm is known for its long-term partnerships with management teams, aiming to accelerate growth and facilitate market leadership for its portfolio companies.
TCV has built an impressive track record over nearly three decades, having raised over $27 billion in capital across its various funds. This substantial capital base allows TCV to make significant investments in companies poised for substantial expansion. Their investment philosophy centers on identifying market-leading businesses with proven models and providing the necessary resources—both financial and strategic—to scale operations, expand into new markets, and enhance product offerings.
The firm's typical initial investment ranges from $50 million to $300 million or more, reflecting their commitment to providing meaningful growth capital. TCV's portfolio boasts a roster of highly successful and recognizable technology brands, including early investments in companies like Netflix and Spotify, as well as more recent partnerships with firms such as Klarna, Revolut, and Toast. Beyond capital, TCV offers strategic guidance, operational expertise, and access to an extensive network, helping companies navigate complex growth stages and achieve successful outcomes, including numerous IPOs and strategic acquisitions.
Investor Profile
TCV has backed more than 538 startups, with 10 new investments in the last 12 months alone. The firm has led 223 rounds, about 41% of its total and boasts 214 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Series C, Series D rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Canada.
- Strong thematic focus on Software, Information Technology, Financial Services.
- Led 3 rounds in the past year.
- Typical check size: $50M – $300M.
Stage Focus
- Series Unknown (32%)
- Series C (12%)
- Series D (11%)
- Private Equity (10%)
- Series B (8%)
- Series A (6%)
- Post Ipo Equity (5%)
- Series E (5%)
- Undisclosed (5%)
- Series F (4%)
Country Focus
- United States (80%)
- United Kingdom (4%)
- Canada (2%)
- Germany (2%)
- India (1%)
- France (1%)
- Sweden (1%)
- The Netherlands (1%)
- Israel (1%)
- Australia (1%)
Industry Focus
- Software
- Information Technology
- Financial Services
- Internet
- Saas
- E-commerce
- Enterprise Software
- Fintech
- Finance
- Analytics
Frequently Asked Questions
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