TCV

Summary

TCV is the famous VC, which was founded in 1995. The fund was located in North America if to be more exact in United States. The main office of represented VC is situated in the Menlo Park.

The fund was created by Jay Hoag, Rick Kimball. The overall number of key employees were 13.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the TCV, startups are often financed by Venrock, Madrona Venture Group, Bain Capital Ventures. The meaningful sponsors for the fund in investment in the same round are Battery Ventures, Oak Investment Partners, Kleiner Perkins. In the next rounds fund is usually obtained by Battery Ventures, New Enterprise Associates, Meritech Capital Partners.

The fund has no exact preference in some founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. Among the most successful fund investment fields, there are SaaS, Financial Services. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular portfolio startups of the fund, we may highlight Facebook, ByteDance, Spotify. Moreover, a startup needs to be at the age of 6-10 years to get the investment from the fund.

The fund is constantly included in 13-24 deals per year. The usual things for fund are deals in the range of 50 - 100 millions dollars. The increased amount of exits for fund were in 2011. When the investment is from TCV the average startup value is more than 1 billion dollars. The top activity for fund was in 2000. Despite it in 2019 the fund had an activity. Comparing to the other companies, this TCV performs on 18 percentage points more the average number of lead investments. Speaking about the real fund results, this VC is 27 percentage points more often commits exit comparing to other organizations.