TCV

Invests in multi-stage tech companies, focusing on growth equity and later-stage investments with a strong track record of successful exits.

ActiveVenture Capital

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Updated: Jan 22, 2026 ·

About

Founded in 1995, TCV is a leading provider of capital to multi-stage companies in the technology industry. TCV has invested over $17 billion in more than 350 technology companies over the last 27 years. These companies have completed more than 145 public offerings and strategic acquisitions.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Feb 9, 2026	Neara	$63.3M Series D	TCV	EQT, Partners Group, Skip Capital, Square Peg Capital
Nov 1, 2025	GitLaw	$3.0M Seed	—	Jackson Square Ventures, Sequoia Capital, Michael Moritz
Nov 1, 2025	Clio	$500.0M Series G	—	Acton Capital Partners, Tony Florence, The Finger Group, Version One Ventures
Oct 1, 2025	Archy	$20.0M Series B	—	Bessemer Venture Partners, CRV, NKM Capital, RTP Global, Fidji Simo
Sep 1, 2025	Sola Security	$35.0M Series A	—	Aya, Battery Ventures, Foundation Capital, M12, S Capital VC, Section 32, Swift Ventures, Trinity Ventures, Michael Moritz
Sep 1, 2025	Filevine	$260.0M Series E	—	2048 Ventures, Accel, Album VC, Brainchild, DealerSocket, Entrée Capital Ventures, FJ Labs, Founder Collective, Insight Partners, Marketplace Capital, QueensBridge Venture Partners, Signal Peak Ventures, Sound Ventures, Teamworthy Ventures, The Finger Group, Wellington Management, Arie Abecassis, Eli Manning, Rob Glaser, Shane Battier
Aug 1, 2025	FORT Robotics	$19.0M Series B	—	1435 Capital Management, Aglae Ventures, Somesh Surapureddi, DFJ, E1 Ventures, Family Office, Future Ventures, Gigafund, GoAhead Ventures, Highland Capital Partners, Lakeside Capital, Litquidity Ventures, Long Journey Ventures, Malex Enterprises, Mana Ventures, Outliers Fund, Partners Resolute, Social Capital, Space Capital, Starbridge Venture Capital, Tiger Global Management, Upfront Ventures, UpHonest Capital, Adeel Hussain, Fanny Surjana, Ishani Patel, Louis Beryl, Mark Cuban, Mattia Astori, Priyank Chandra, Rashaun Williams, Richard Cooperstein, Scott Banister, Shane Neman, Siddharth Singhal, Tim Ringel, Vikas Sabnani
Aug 1, 2025	LayerX	$100.0M Series B	—	Dell Technologies Capital, Glilot Capital Partners, Terra Venture Partners, Z Venture Capital
Aug 1, 2025	Vigil Labs	$6.0M Seed	—	Kevin Hartz, A* Capital (A Star Capital), Alt Capital, Browder Capital, Dragonfly Capital Partners, Founders Fund, FTX Ventures, Long Journey Ventures, Meritech Capital Partners, Mischief Venture Capital, Pantera Capital, Redpoint Ventures, Ribbit Capital, Saga, Summit Partners, The Hit Forge, Christina Cacioppo, Dharmesh Shah, Dylan Field, Fidji Simo, Immad Akhund, Jason Lemkin, Jonathan Neman, Joshua Reeves, Julian Shapiro, Justin Mateen, Max Mullen, Parker Conrad, Scott Belsky, Sean Rad, Siqi Chen
Jul 1, 2025	Magentic	$6.0M Seed	—	Ambridge Capital, Badhouse Ventures, Balderton Capital, DST Global, Index Ventures, Jigsaw VC, Lakestar, Pario Ventures, Playfair Capital, Sequoia Capital, Target Global, Tiger Global Management, Andrew Nutter, Christopher Zemina, Matteo Gamba, Stephen Romanoff
Jul 1, 2025	Harmonic	$100.0M Series B	—	B Capital Group, CapitalG, Cyberlaunch, EVE Atlas, Founders Fund, Index Ventures, Jackson Square Ventures, Kleiner Perkins, NewView Capital, Sequoia Capital, Susa Ventures, Jared Leto, Max Mullen, Michael G. Rubin, Michael Moritz, Thomas Noonan, Will Gaybrick
Jul 1, 2025	Aidoc	$110.0M Venture Round	—	Alpha Intelligence Capital, Bond, General Catalyst, Khosla Ventures, LGF, Sapphire Ventures, Square Peg Capital, TLV Partners, Transformation Capital, Danny Hadar, Uday Sandhu
Jul 1, 2025	Sundial	$23.0M Series A	—	Accel, Alt Capital, Bee Partners, Blue Bear Capital, Browder Capital, Contrary Capital, Jenny Fielding, Scott Hartley, Founders Fund, Freestyle Capital, FTX Ventures, Lightspeed Venture Partners, Meritech Capital Partners, Mischief Venture Capital, Next Play Ventures, Operator Collective, Redpoint Ventures, Saga, Sequoia Capital, South Park Commons, Summit Partners, Sutter Hill Ventures, The Hit Forge, UP.Partners, Vela Partners, Webb Investment Network, Amjad Masad, Arash Ferdowsi, Balaji Srinivasan, Bradley Horowitz, Christina Cacioppo, Deborah Liu, Dharmesh Shah, DJ Patil, Don Dodge, Drew Houston, Dylan Field, Elad Gil, Fidji Simo, Howie Liu, Immad Akhund, Jason Lemkin, Jonathan Neman, Jonathan Wasserstrum, Joshua Reeves, Julian Shapiro, Justin Mateen, Koen Bok, Kyle Vogt, Marc Benioff, Max Mullen, Parker Conrad, Sahin Boydas, Sam Altman, Scott Belsky, Scot Wingo, Sean Rad, Shishir Mehrotra, Siqi Chen, Tobias Lutke
Jun 1, 2025	Guardz	$56.0M Series B	—	Dell Technologies Capital, Glilot Capital Partners, Hanaco Ventures, iAngels, Terra Venture Partners, TY, Z Venture Capital, Alexander Weiss
Jun 1, 2025	Superscale AI	$5.0M Seed	—	Amino Collective, Balderton Capital, Bessemer Venture Partners, Creandum, CRV, Founders Fund, Motier Ventures, NKM Capital, Pareto Holdings, Presight Capital, RTP Global, Seedcamp, TMV, Amirhossein Malekzadeh, Fidji Simo, Trevor Martin
Jun 1, 2025	Clay	$100.0M Series C	—	Alt Capital, Browder Capital, Founders Fund, FTX Ventures, Meritech Capital Partners, Mischief Venture Capital, Pack Ventures, Redpoint Ventures, Saga, Sapphire Ventures, Summit Partners, The Hit Forge, Thomson Reuters Ventures, Tribe Capital, Christina Cacioppo, Dharmesh Shah, Dylan Field, Fidji Simo, Immad Akhund, Jason Lemkin, Jonathan Neman, Joshua Reeves, Julian Shapiro, Justin Mateen, Max Mullen, Parker Conrad, Scott Belsky, Sean Rad, Siqi Chen
Jun 1, 2025	LanceDB	$30.0M Series A	—	Battery Ventures, Costanoa Ventures, CRV, First Round Capital, Foundation Capital, Greylock, M12, Point Nine Capital, Seedcamp, Super Ventures, Swift Ventures, Theory Ventures, Trajectory Ventures, Trinity Ventures, Y Combinator, Charles Zedlewski, Jan Erik Solem, Kevin Stumpf, Luc Vincent, Oliver Cameron, Shane Neman
Jun 1, 2025	Harmony (tryharmony.ai)	$2.0M Seed	—	Alt Capital, Browder Capital, Day One Ventures, DST Global, Emergence Capital, Felicis Ventures, Flex Capital, Founders Fund, Friends & Family Capital, FTX Ventures, Global Founders Capital, Greenoaks Capital, Matrix, Meritech Capital Partners, Mischief Venture Capital, Otherwise Fund, Redpoint Ventures, Saga, Spark Capital, Summit Partners, SV Angel, The Hit Forge, Theory Forge Ventures, Y Combinator, Azeem Azhar, Ben Tossell, Christina Cacioppo, Dharmesh Shah, Dylan Field, Fidji Simo, Immad Akhund, Jason Lemkin, Jonathan Neman, Joshua Reeves, Julian Shapiro, Justin Mateen, Kulveer Taggar, Mathilde Collin, Max Mullen, Parker Conrad, Paul Graham, Paul Stahura, Scott Belsky, Sean Rad, Siqi Chen, Thijn Lamers
Jun 1, 2025	Crosby	$6.0M Seed	—	Alt Capital, Jana Messerschmidt, Browder Capital, Curie.Bio, Factor[e] Ventures, Founders Fund, FTX Ventures, IVP, Khosla Ventures, Kleiner Perkins, Meritech Capital Partners, Mischief Venture Capital, Operator Partners, Pareto Holdings, Redpoint Ventures, Saga, Sequoia Capital, Summit Partners, The Hit Forge, Yext, Balaji Srinivasan, Christina Cacioppo, Dharmesh Shah, Dylan Field, Elad Gil, Eric Wu, Fidji Simo, Gokul Rajaram, Immad Akhund, Jason Lemkin, Jonathan Neman, Joshua Reeves, Julian Shapiro, Justin Mateen, Karim Atiyeh, Max Mullen, Parker Conrad, Patrick Collison, Scott Belsky, Sean Rad, Siqi Chen, Tony Xu
Jun 1, 2025	Spinwheel	$30.0M Series A	—	Battery Ventures, Core Innnovation Capital, DCM, Fika Ventures, Foundation Capital, F-Prime Capital Partners, Illuminate Financial Management, Jump Capital, Luno Expeditions, M12, Madrona Ventures, QED Investors, Swift Ventures, Trinity Ventures, TTV Capital, Charles Delingpole
May 1, 2025	Wander	$50.0M Series B	—	Adapt Ventures, Alt Capital, Alumni Ventures, Authentic Ventures, BoxGroup, Browder Capital, Capital Factory, CapitalX, Clear Ventures, Fifth Wall, Foundation Capital, Founders Fund, FPV Fund, FTX Ventures, Infinite Niches, Kepler Operator’s Fund, Meritech Capital Partners, Mischief Venture Capital, NextView Ventures, Not Boring Capital, Offline Ventures, Paradox Capital, Pareto Holdings, Predictive VC, Prosperity7 Ventures, Redpoint Ventures, Saga, SRB Ventures, Summit Partners, The Hit Forge, Thirty Five Ventures, Trinity Ventures, Uncork Capital, Adam Guild, Cherian Mathew, Christina Cacioppo, Cory Levy, Dharmesh Shah, Dylan Field, Fidji Simo, Immad Akhund, Jason Lemkin, Jonathan Neman, Joshua Reeves, Julian Shapiro, Justin Mateen, Max Mullen, Parker Conrad, Priyank Chandra, Quinn Slack, Rich Miner, Scott Belsky, Scot Wingo, Sean Rad, Siqi Chen
May 1, 2025	ClickHouse	$350.0M Series C	—	Accel, AIX Ventures, Altimeter Capital, Battery Ventures, Benchmark, Bessemer Venture Partners, Bond, C2 Investment, Citi Ventures, Coatue, Costanoa Ventures, DTCP, Felicis Ventures, FirstMark Capital, Flex Capital, Foundation Capital, General Catalyst, Vidu Shanmugarajah, Hanabi Capital, Innovation Endeavors, IVP, Khosla Ventures, Lightspeed India Partners, Lightspeed Venture Partners, M12, Maven Ventures, MMC Ventures, Philip Chopin, Shailendra Singh, Preston-Werner Ventures, Redpoint Ventures, Swift Ventures, The Hit Forge, Todd and Rahul's Angel Fund, Trinity Ventures, Vertex Ventures, Wing Venture Capital, Y Combinator, York IE, Alex Stamos, Amjad Masad, Augusto Marietti, Balaji Srinivasan, Ben Tossell, Bob Muglia, Christian Reber, Christopher Golda, Dylan Field, Gerhard Eschelbeck, Jeff Bezos, Kevin Weil, Kyle York, Mark Cuban, Mattia Astori, Peter Sonsini, Scott Belsky, Shane Neman, Stanley Druckenmiller, Tobias Lutke, Yann LeCun
May 1, 2025	Owner	$120.0M Series C	—	AirAngels, Alt Capital, Alumni Ventures, Antler, Balderton Capital, Better Tomorrow Ventures, Blu Venture Investors, Browder Capital, C2 Investment, Caffeinated Capital, Citi Ventures, Conversion Capital, CP Ventures, FJ Labs, Footprint Coalition, Forgepoint Capital, Foundation Capital, Founders Fund, FTX Ventures, Hercules Capital, Ignition Partners, Jetstream, Khosla Ventures, Kleiner Perkins, Lightspeed Venture Partners, Meritech Capital Partners, Mischief Venture Capital, Montage Ventures, Oyster Ventures, Pareto Holdings, Redpoint Ventures, Roble Ventures, Saga, Sapphire Ventures, Sequoia Capital, Summit Partners, Susa Ventures, TechAviv Founder Partners, The Hit Forge, True Ventures, Y Combinator, Aaron Levie, Adam D'Angelo, Amjad Masad, Azeem Azhar, Christina Cacioppo, Claire Hughes Johnson, Dharmesh Shah, Dylan Field, Fidji Simo, Gokul Rajaram, Hippolyte Genet, Immad Akhund, Jason Lemkin, Jonathan Neman, Joshua Reeves, Julian Shapiro, Justin Mateen, Kyle Vogt, Larry Summers, Mark Gillespie, Matt Macinnis, Max Mullen, Nik Sharma, Parker Conrad, Sagi Paz, Scott Belsky, Sean Rad, Siqi Chen, William Hockey
Mar 1, 2025	Exla	$500K Seed	—	Balderton Capital, Comal Ventures, DST Global, Index Ventures, Lowercarbon Capital, Y Combinator, Nico Rosberg
Mar 1, 2025	Cloudsmith	$23.0M Series B	—	Frontline Ventures, Preston-Werner Ventures, Sorenson Ventures, Techstart Ventures, Christian Bach, Guy Podjarny, Sarah Friar, Shane Curran, Yvonne Wassenaar

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at TCV.

Juan Pablo Villarreal

General Partner, Chief Operating Officer

Principal & Head of Marketing

Leadership Team

Key people at TCV.

Juan Pablo Villarreal

General Partner, Chief Operating Officer

Principal & Head of Marketing

Deep Dive

High-Level Overview

TCV (Technology Crossover Ventures) is a leading growth equity investment firm that focuses on partnering with multi-stage technology companies, primarily at growth and later stages. Its mission is to empower mission-driven entrepreneurs to scale their businesses globally and achieve market leadership by providing substantial capital, strategic guidance, and long-term partnership. TCV invests across a broad range of technology sectors, including consumer internet, fintech, SaaS, e-commerce, and travel tech, with a portfolio featuring iconic companies such as Facebook, Airbnb, Spotify, Netflix, and Zillow. The firm’s impact on the startup ecosystem is significant, as it supports companies transitioning from startup to industry leaders, often backing them through IPOs and strategic exits, thereby shaping the growth trajectory of the tech landscape[1][2][4].

Origin Story

Founded in 1995 by Richard H. Kimball and Jay Hoag, TCV pioneered the crossover investment model, which involves investing in both private and public technology companies from the same fund. This approach was innovative at the time and allowed TCV to support companies throughout their growth lifecycle. The founders brought extensive venture capital experience, and their vision was to back category-defining technology companies with growth capital and operational support. Over the years, TCV has evolved to manage over $22 billion in assets, investing in more than 350 companies globally, and raising increasingly larger funds, including a record $4 billion fund in 2021[1][2][6].

Core Differentiators

Unique Investment Model: TCV’s crossover strategy enables it to invest in companies both before and after going public, providing continuity and flexibility in capital support.
Network Strength: With decades of experience and a global presence (Menlo Park, New York, London), TCV leverages deep industry relationships to benefit portfolio companies.
Track Record: TCV boasts over 80 IPOs and 76 strategic exits, including early investments in Facebook, Netflix, Airbnb, and Spotify, demonstrating its ability to identify and scale market leaders.
Operating Support: The firm emphasizes long-term partnerships, offering not just capital but also strategic guidance, operational expertise, and assistance with exit strategies to maximize growth and market impact[1][2][4][6].

Role in the Broader Tech Landscape

TCV rides the wave of rapid technological innovation and digital transformation, focusing on companies that are reshaping industries through technology and behavioral shifts. The timing of its investments aligns with the growth phase of tech companies as they scale globally and disrupt traditional markets. Market forces such as increasing digital adoption, fintech expansion, and SaaS proliferation work in TCV’s favor. By backing companies through pivotal growth stages and public market transitions, TCV influences the broader ecosystem by enabling innovation, job creation, and the emergence of new industry leaders[2][4][5].

Quick Take & Future Outlook

Looking ahead, TCV is well-positioned to continue capitalizing on the growth of technology sectors such as fintech, SaaS, e-commerce, and digital consumer platforms. With a new $4 billion fund raised in 2021 and a history of successful investments, TCV is likely to back the next generation of iconic tech companies. Trends like AI integration, cloud computing, and global digital expansion will shape its investment focus. TCV’s influence may deepen as it continues to support companies through complex growth phases and public market challenges, reinforcing its role as a key growth equity partner in the evolving tech landscape[2][4].

In sum, TCV’s pioneering crossover investment approach, strong track record, and long-term partnership philosophy make it a cornerstone investor for technology companies aiming to scale and lead in their industries.

Sources

High-Level Overview

Origin Story

Core Differentiators

Unique Investment Model: TCV’s crossover strategy enables it to invest in companies both before and after going public, providing continuity and flexibility in capital support.
Network Strength: With decades of experience and a global presence (Menlo Park, New York, London), TCV leverages deep industry relationships to benefit portfolio companies.
Track Record: TCV boasts over 80 IPOs and 76 strategic exits, including early investments in Facebook, Netflix, Airbnb, and Spotify, demonstrating its ability to identify and scale market leaders.
Operating Support: The firm emphasizes long-term partnerships, offering not just capital but also strategic guidance, operational expertise, and assistance with exit strategies to maximize growth and market impact[1][2][4][6].