TGM

ActiveVenture Capital

Updated: Mar 19, 2026 ·

About

TGM Inc. is a precision manufacturing company, providing advanced machining services and critical components for diverse industries. It specializes in CNC milling, turning, and EDM wire/ram processes, alongside 3D solid modeling, CMM inspection, and reverse engineering. This technical approach ensures accuracy and efficiency in custom part manufacturing.

TGM Inc. began in 1995 in Bryan, Ohio, later relocating to expand its core CNC machining and EDM capabilities. In January 2012, Verhoff Machine & Welding, Inc. acquired TGM, integrating its manufacturing expertise as a subsidiary. This broadened service offerings and enhanced market opportunities.

The company serves medical device, aviation, oil and gas, forging, stamping, and molding sectors. TGM Inc. aims to be a trusted partner for businesses needing high-quality, ISO 9001 certified precision components and manufacturing support. It leverages skilled employees and capabilities to deliver reliable solutions, contributing to client success.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Jun 1, 2022	Courier	$35.0M Series B	—	1776, Acadian Ventures, Accel, Andreessen Horowitz, Bedrock Capital, Bessemer Venture Partners, Bling Capital, BoxGroup, Cambrian Ventures, Connect Ventures, Conversion Capital, Cowboy Ventures, Emergence Capital, Firework Ventures, FPV Fund, General Catalyst, Dave Munichiello, Karim Faris, M.G. Siegler, GV (Google Ventures), GV, Harrison Metal, Highland Capital Partners, Indeed.com, Inspired Capital, Kearny Jackson, Matrix, Meritech Capital Partners, monashees, NFX, Nyca Partners, Penny Jar Capital, Salesforce Ventures, Sapphire Ventures, Serena Ventures, Slack Fund, SNR, SV Latam Fund, Team Ignite Ventures, TY, Ulu Ventures, Vista Venture Partners, Wellington Management, Y Combinator, Eric Nadalin, Garrett Koehn, Gokul Rajaram, Jared Leto, MG Siegler, Ott Kaukver, Sam Altman, Tracy Young, Will Gaybrick
Oct 1, 2020	Cents	$4.0M Seed	—	1517 Fund, Accel, Alumni Ventures, Ankona Capital, Bessemer Venture Partners, Camber Creek, Cedar Capital Group, Derive Ventures, FJ Labs, Dave Munichiello, Karim Faris, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), Left Lane Capital, Meritech Capital Partners, Sapphire Ventures, The Finger Group, Y Combinator, MG Siegler, Salil Pitroda, Will Gaybrick
Sep 1, 2020	Pixie	$9.0M Series A	—	Accel, Battery Ventures, Benchmark, Boost VC, BoxGroup, Karim Faris, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), GV, IVP, KRM Interests LLC, Lead Edge Capital, Long Ventures Partners, Meritech Capital Partners, Merus Capital, Offline Ventures, Paradigm, Sapphire Ventures, Sequoia Capital, Y Combinator, Charlie Cheever, MG Siegler, Todd Corenson, Will Gaybrick
Jun 1, 2020	Transcend	$25.0M Series A	—	2.12 Angels, Abstract Ventures, Kevin Hartz, Accel, AME Cloud Ventures, Andreessen Horowitz, Angelic Ventures, Battery Ventures, Cedar Capital Group, Chemistry VC, Coinbase Ventures, Daffy, Matt Ocko, DFJ, Dispersion Capital, Dreamers VC, Founders Fund, Goodwater Capital, Greylock, Dave Munichiello, Karim Faris, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), Hardware Club, Shawn Modarresi, Locus Ventures, Marcy Venture Partners, Mayfield, Menlo Ventures, Meritech Capital Partners, Nine Four Ventures, Off the Grid Ventures, Pantera Capital, Quiet Capital, Sapphire Ventures, SOSV, South Park Commons, The Hit Forge, Uncork Capital, Verified Capital, Y Combinator, Arash Ferdowsi, Balaji Srinivasan, Charlie Songhurst, Chris Kelly, George Ruan, James Hong, Jared Leto, Jay Z, Jeff Seibert, John Hennessy, MG Siegler, Nicolas Berggruen, Shervin Pishevar, Will Gaybrick
Sep 1, 2019	DataRobot	$210.0M Series E	—	Accel, Adams Street Partners, Andreessen Horowitz, Balderton Capital, Cervin Ventures, CRV, Global Innovation Fund, Dave Munichiello, Karim Faris, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), Hanabi Capital, Innovation Endeavors, LombardStreet Ventures, Meritech Capital Partners, Mucker Capital, Glenn Solomon, Propeller VC, Sapphire Ventures, Y Combinator, Dwipal Desai, Jeff Bezos, MG Siegler, Will Gaybrick
Sep 1, 2019	Relativity Space	$140.0M Series C	—	01 Advisors, 2.12 Angels, 305 Ventures, 75 & Sunny, Abstract Ventures, Kevin Hartz, Accel, Acrew Capital, Addition, Altimeter Capital, AME Cloud Ventures, Amino Capital, Andreessen Horowitz, Angelic Ventures, BITKRAFT Ventures, Bond, Bono, Cathay Innovation, City Light Capital, Clocktower Technology Ventures, Coinbase Ventures, Comcast Ventures, Cota Capital, Craft Ventures, Crosscut Ventures, Matt Ocko, Deerfield Management, DFJ, Dispersion Capital, Dreamers VC, Drive Capital, DST Global, Factor Capital, FirstMark Capital, Forerunner Ventures, Foresite Capital, Founders Fund, FPV Fund, FTX Ventures, Gaingels, Goodwater Capital, Greylock, Dave Munichiello, Karim Faris, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), Hardware Club, Homebrew, Index Ventures, Inspired Capital, IVP, Shawn Modarresi, Kleiner Perkins, Lakestar, Locus Ventures, Long Journey Ventures, MaC Venture Capital, Marathon Venture Capital, Marcy Venture Partners, Matrix, Mayfield, Menlo Ventures, Meritech Capital Partners, Motivate Ventures, Off the Grid Ventures, Outcast Ventures, Outlander Labs, Pantera Capital, PivotNorth Capital, Playground Global, Portal Ventures, PS Investments, Rebel Fund, Redpoint Ventures, RSE Ventures, Sapphire Ventures, Seven Seven Six, Slack Fund, Smash Capital, SNR, Social Capital, Sound Ventures, South Park Commons, SteelSky Ventures, Thayer Ventures, The Finger Group, The Hit Forge, ThirdLove, Thirty Five Ventures, Tribe Capital, Trustbridge Partners, Uncork Capital, UpHonest Capital, Verified Capital, Vitalize Venture Group, Y Combinator, Adam Gross, Anthony Pompliano, Asher Leids, Balaji Srinivasan, Chris Kelly, Christian Oestlien, Evan Moore, Fredrik Björk, Gregory Bailey, James Hong, Jay Z, Jeff Seibert, John Hennessy, Joshua Schachter, Kelvin Beachum Jr., Kevin Colas, Logan Paul, Marc Benioff, Mark Cuban, Mark Wahlberg, Matt Mazzeo, MG Siegler, Nick Caldwell, Scott Banister, Shervin Pishevar, Sue Xu, Tikhon Bernstam, Varsha Rao, Vikas Sabnani, Will Gaybrick, Wyc Grousbeck, Zachary Rapp
Jul 1, 2019	monday.com	$150.0M Series D	—	Accel, Accolade Partners, Earlybird Venture Capital, Dave Munichiello, Karim Faris, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), Insight Partners, Meritech Capital Partners, Molten Ventures, Sapphire Ventures, Smash Capital, Union Square Ventures, Y Combinator, MG Siegler, Will Gaybrick
Apr 1, 2019	Transcend	$4.0M Seed	—	2.12 Angels, Kevin Hartz, Accel, AME Cloud Ventures, Andreessen Horowitz, Angelic Ventures, Coinbase Ventures, Matt Ocko, DFJ, Dispersion Capital, Dreamers VC, Founders Fund, Goodwater Capital, Greylock, Dave Munichiello, Karim Faris, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), Hardware Club, Shawn Modarresi, Locus Ventures, Marcy Venture Partners, Mayfield, Menlo Ventures, Meritech Capital Partners, Off the Grid Ventures, Pantera Capital, Sapphire Ventures, South Park Commons, The Hit Forge, Uncork Capital, Verified Capital, Y Combinator, Balaji Srinivasan, Chris Kelly, James Hong, Jared Leto, Jay Z, Jeff Seibert, John Hennessy, MG Siegler, Shervin Pishevar, Will Gaybrick
Oct 1, 2018	DataRobot	$100.0M Series D	—	Accel, Adams Street Partners, Cervin Ventures, Dave Munichiello, Karim Faris, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), IA Ventures, Meritech Capital Partners, OS Fund, Sapphire Ventures, The General Partnership, Y Combinator, Louis Beryl, MG Siegler, Will Gaybrick
Mar 1, 2018	Relativity Space	$35.0M Series B	—	1776, Accel, Banana Capital, Climate Capital, DST Global, Gradient Ventures, Great Oaks Venture Capital, Dave Munichiello, Karim Faris, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), Lakestar, Meritech Capital Partners, Playground Global, Presight Capital, Saga, Sapphire Ventures, SQN Venture Partners, Tribe Capital, Venrock, Y Combinator, Konstantin von Unger, MG Siegler, Tom Williams, Will Gaybrick, Zachary Hargreaves
Jan 1, 2018	Mist Systems	$46.0M Series C	—	Accel, Alumni Ventures, Craft Ventures, Curious Capital, Framework Venture Partners, Griffin Gaming Partners, Dave Munichiello, Joe Kraus, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), GV, Kleiner Perkins, Maveron, Meritech Capital Partners, OMERS Ventures, OurCrowd, Propeller VC, RRE Ventures, Sapphire Ventures, Social Capital, Sorenson Ventures, TQ Ventures, Alex Rodriguez, Y Combinator, Alice Lloyd George, Kevin Lin, MG Siegler, Prescott Watson, Will Gaybrick
Sep 1, 2017	Anchor	$10.0M Series A	—	468 Capital, Accel, ACME Capital, Bam Ventures, ENIAC Ventures, Factorial, Flybridge Capital Partners, Forerunner Ventures, Great Oaks Venture Capital, Dave Munichiello, Karim Faris, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), GV, Meritech Capital Partners, Pelion Venture Partners, Redpoint Ventures, Red Swan Ventures, Sapphire Ventures, UpHonest Capital, Uprising, Y Combinator, MG Siegler, Nina Faulhaber, Seth Miller, Will Gaybrick
Oct 1, 2016	Mist Systems	$28.0M Series B	—	Accel, Dave Munichiello, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), GV, Meritech Capital Partners, Sapphire Ventures, Y Combinator, MG Siegler, Will Gaybrick
Jul 1, 2016	Relativity Space	$10.0M Series A	—	Accel, Cota Capital, DST Global, Factor Capital, FPV Fund, Dave Munichiello, Karim Faris, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), IVP, Lakestar, Long Journey Ventures, Matrix, Meritech Capital Partners, PS Investments, Sapphire Ventures, ThirdLove, Tribe Capital, UpHonest Capital, Y Combinator, Joshua Schachter, MG Siegler, Scott Banister, Tikhon Bernstam, Vikas Sabnani, Will Gaybrick
Mar 1, 2016	Relativity Space	$620K Seed	—	Accel, ACME Capital, Boost VC, Buckley Ventures, Cota Capital, Matt Ocko, Factor Capital, FPV Fund, Dave Munichiello, Karim Faris, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), IVP, Lightbank, Long Journey Ventures, Lux Capital, Matrix, Meritech Capital Partners, NEO, Prefix Capital, PS Investments, Sapphire Ventures, South Park Commons, ThirdLove, UpHonest Capital, Y Combinator, Hadi Partovi, Joshua Schachter, MG Siegler, Sam Altman, Scott Banister, Shervin Pishevar, Tikhon Bernstam, Vikas Sabnani, Will Gaybrick
May 1, 2013	Philz Coffee	$15.0M Series A	—	Kevin Hartz, ACME Capital, ALPANA Ventures, AME Cloud Ventures, Amplify.LA, Andreessen Horowitz, Bessemer Venture Partners, Bling Capital, Bodega Partners, Boldstart Ventures, Bond, BoxGroup, Canvas Ventures, Casa Verde Capital, Catapult Capital, Coatue, Comal Ventures, Craft Ventures, Draper Associates, Fifth Wall, Founders Fund, Fyrefly VC, Gigascale Capital, Glencrest Group, Great Oaks Venture Capital, Hardware Club, Kamran Ansari, Heretic Ventures, IDG Ventures, IVP, Khosla Ventures, Menlo Ventures, MK Capital, Pareto Holdings, Partners Resolute, Alexander Rosen, RRE Ventures, Saga, SciFi VC, Sequoia Capital, Seven Seven Six, Sherpa Ventures, Summit Partners, SV Angel, Think + Ventures, ThirdLove, Thrive Capital, Transmedia Capital, Uncorrelated Ventures, Webb Investment Network, WGI Group, Y Combinator, Adam D'Angelo, Anthony Soohoo, Erik Moore, Jacob Kerzner, Jared Leto, Marc Benioff, Matt Coffin, Michael Abramson, Noah Goodhart, Philip Kaplan, Richard Branson, Sam Altman, Scott Belsky, Shervin Pishevar, Steve Chen, Steve Schoettler, Troy Carter, Yishan Wong
Apr 1, 2013	Copper	$3.0M Seed	—	Addition, Adverb Ventures, ALPANA Ventures, Amplify Partners, Andreessen Horowitz, Audrey Capital, Benchmark, Betaworks Ventures, Bodega Partners, Coelius Capital, Colle Capital, CSC Venture Capital, Daffy, Dawn Capital, Kevin Ding, Fyrefly VC, Gigascale Capital, GPO Fund, Greylock, Hanabi Capital, Homebrew, Idealab, iNovia Capital, Kapor Capital, Khosla Ventures, LAUNCH, Leadout Capital, Lightspeed Venture Partners, LocalGlobe, LOI Venture, Long Journey Ventures, MMC Ventures, Norwest Venture Partners, Practical Venture Capital, Prelude Ventures, Red Swan Ventures, Science, Sequoia Capital, Social Capital, Spark Capital, Target Global, Techstars, Transmedia Capital, True Ventures, VitalStage Ventures, Western Technology Investment, XFactor Ventures, Zinc, Adam D'Angelo, Alison Pincus, Andy Rankin, Anshu Sharma, Anthony Soohoo, Clark Landry, Don Hutchison, Erik Moore, Kenny Van Zant, Marc Benioff, Marc McCabe, Marissa Mayer, Mark Cuban, Mark Pincus, Matt Mazzeo, Robin Klein, Roger Ehrenberg, Rudy Gadre, Scott Banister, Taher Haveliwala, Tim Ferriss, Tim Kendall, Vishal Makhijani
Nov 1, 2011	Kiip	$350K Venture Round	—	ALPANA Ventures, Bodega Partners, Fyrefly VC, Sequoia Capital, Transmedia Capital, Anthony Soohoo, Erik Moore
Sep 1, 2011	Organizer	$4.0M Venture Round	—	ALPANA Ventures, Audrey Capital, Bodega Partners, Comcast Ventures, FPV Fund, Fyrefly VC, Greylock, Index Ventures, Kleiner Perkins, Lowercarbon Capital, Offline Ventures, Sequoia Capital, Sound Ventures, SV Angel, Peter Chernin, Transmedia Capital, True Ventures, Vayner RSE, Anthony Soohoo, Don Dodge, Evan Williams, Joshua Schachter, Philip Kaplan, Shervin Pishevar, Tim Ferriss
Apr 1, 2011	Kiip	$4.0M Series A	—	ALPANA Ventures, Bodega Partners, Fyrefly VC, Sequoia Capital, Transmedia Capital, Anthony Soohoo, Erik Moore
Feb 1, 2011	Uber	$11.0M Series A	—	ALPANA Ventures, Benchmark, Bodega Partners, First Round Capital, Foundry Group, Fyrefly VC, Greylock, Long Journey Ventures, Lowercarbon Capital, Morado Venture Partners, Sequoia Capital, Sound Ventures, The Hit Forge, Transmedia Capital, Uncork Capital, Y Combinator, Anthony Soohoo, Erik Moore

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at TGM.

Thomas McInerney

Investor

Leadership Team

Key people at TGM.

Thomas McInerney

Investor

Deep Dive

High-Level Overview

TGM Associates is a New York-based, SEC-registered investment advisory firm specializing in multifamily real estate across the United States. The firm’s mission centers on acquiring, developing, and operating multifamily communities—ranging from traditional apartments to active adult housing—with a focus on strategic locations that offer strong market potential. TGM’s investment philosophy emphasizes comprehensive property management, operational efficiency, and sustainable practices to maximize value for investors and residents alike. While not a venture capital or startup-focused firm, TGM’s influence is felt in the broader real estate ecosystem, where its disciplined approach to multifamily investing has helped shape trends in urban housing and institutional real estate portfolios.

Origin Story

Founded in 1991, TGM Associates has built a reputation over three decades as a trusted player in the U.S. multifamily sector. The firm was established by a group of real estate professionals with deep experience in acquisitions, property management, and development. Over the years, TGM evolved from a regional operator into a national platform, expanding its footprint to 28 states and managing a portfolio of over 140 properties. Key leadership includes John Gochberg (President, CEO & Head of Acquisitions), Artiom Belov (Vice President, Real Estate Acquisitions), and Michael Frazzetta (CFO), who have collectively driven the firm’s growth and strategic direction.

Core Differentiators

Integrated Approach: TGM offers end-to-end services including acquisitions, property management, leasing, construction, and dispositions, ensuring seamless operations across its portfolio.
National Scale: With assets under management exceeding $3 billion and a presence in 28 states, TGM leverages scale to drive efficiency and value.
Sustainability Focus: The firm incorporates environmentally friendly practices into its operations, aiming to reduce energy consumption and promote sustainable living.
Strong Track Record: TGM has consistently delivered high occupancy rates and efficient operations, making it a preferred partner for institutional investors seeking stable returns in multifamily real estate.
Comprehensive Portfolio: The firm manages a diverse mix of properties, from luxury apartments to affordable housing, catering to a wide range of resident needs.

Role in the Broader Tech Landscape

While TGM Associates operates primarily in real estate rather than technology, its approach reflects broader trends in institutional investing—particularly the growing emphasis on data-driven decision-making, operational efficiency, and sustainability. The firm’s use of technology in property management and resident experience aligns with the digitization of real estate, where smart buildings, automated leasing, and energy-efficient systems are becoming standard. TGM’s success also underscores the ongoing demand for multifamily housing in urban and suburban markets, driven by demographic shifts and changing lifestyle preferences.

Quick Take & Future Outlook

Looking ahead, TGM Associates is well-positioned to continue expanding its footprint and influence in the U.S. multifamily sector. As urbanization and remote work reshape housing demand, the firm’s focus on strategic locations and sustainable communities will remain a key advantage. TGM is likely to deepen its integration of technology in property operations and explore new investment vehicles, including ESG-focused funds. Its ability to adapt to evolving market conditions and investor expectations will determine its long-term impact on the real estate landscape. In a world where housing and technology increasingly intersect, TGM’s disciplined, integrated model offers a blueprint for institutional success in multifamily real estate.

Sources

High-Level Overview

Origin Story

Core Differentiators

Integrated Approach: TGM offers end-to-end services including acquisitions, property management, leasing, construction, and dispositions, ensuring seamless operations across its portfolio.
National Scale: With assets under management exceeding $3 billion and a presence in 28 states, TGM leverages scale to drive efficiency and value.
Sustainability Focus: The firm incorporates environmentally friendly practices into its operations, aiming to reduce energy consumption and promote sustainable living.
Strong Track Record: TGM has consistently delivered high occupancy rates and efficient operations, making it a preferred partner for institutional investors seeking stable returns in multifamily real estate.
Comprehensive Portfolio: The firm manages a diverse mix of properties, from luxury apartments to affordable housing, catering to a wide range of resident needs.