TCV

Founded 1995
Founders Jay Hoag Rick Kimball

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 350
Average round size
info
The average size of a deal this fund participated in
$64M
Portfolio companies 274
Rounds per year 13.46
Lead investments 113
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.22
Exits 169
Key employees 13
Stages of investment
Early Stage Venture
Late Stage Venture
Private Equity

Areas of investment

  • Software
  • Information Technology
  • Internet
  • E-Commerce
  • Enterprise Software
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.

Read more

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Devo USA

Analytics
Big Data
Cloud Data Services
Cyber Security
Enterprise Software
SaaS
Software
$250M26 Oct 2021 Cambridge, Massachusetts, United States

Built Technologies

Commercial Lending
Financial Services
FinTech
Lending
Residential
SaaS
$125M30 Sep 2021 Nashville, Tennessee, United States

Nerdy

Artificial Intelligence
EdTech
Education
$150M21 Sep 2021 St Louis, Missouri, United States

SiteMinder

Enterprise Software
Hotel
Software
$73M14 Sep 2021 Sydney, New South Wales, Australia

Aviatrix Systems

Enterprise Software
Information Technology
Software
$200M08 Sep 2021 San Jose, California, United States

Vice Media

Media and Entertainment
News
Publishing
Video
Video Streaming
$85M31 Aug 2021 New York, New York, United States

Zepz

Finance
Financial Services
FinTech
Mobile Payments
Payments
$292M23 Aug 2021 London, England, United Kingdom

Mollie

Apps
E-Commerce
Financial Services
FinTech
Internet
Mobile Payments
Payments
$784M22 Jun 2021 Amsterdam, North Holland, Netherlands

Kipu Health

Cloud Infrastructure
Health Care
Health Diagnostics
Medical
14 Jun 2021 Miami, Florida, United States
News
Cloud security and analytics platform Devo raises $250M to bolster R&D efforts

– Devo Technology, a startup developing cloud logging and cybersecurity products, announced that it raised $250 million in a series E funding round valuing the company at $1.5 billion.
TCV led the investment along with General Atlantic, Eurazeo, Bessemer Venture Partners, Insight Partners, Georgian, and Kibo Ventures, which brings Devo’s total funds raised to more than $400 million.
– CEO Marc van Zadelhoff says that the money will be put toward “aggressive growth” across new regions and verticals and “significantly increas[ing] investment” in channel expansion and product R&D.

Aviatrix Raises $200M in Series E Funding

– Aviatrix from Santa Clara provides cloud networking and security software for enterprises.
– The company raised $200m in Series E funding.
– The round was led by TCV with participation from new investors Insight Partners and Tiger Global, and existing investors CRV, Formation 8, General Catalyst, Greenspring Associates, Ignition, Liberty Global Ventures, Meritech Capital and TrueBridge Capital Partners.
– The new investment will be aimed at scaling the worldwide sales and support operations.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent TCV?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: