TCMI, Inc. better known by the name TCV (Technology Crossover Ventures) is an American
investment firm based in
Menlo Park, California. The firm mainly invests in public and private growth-stage companies in the
technology
Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, scie ...
industry.
Background
TCV was founded in 1995 by
Richard H. Kimball and Jay Hoag.
The firm is headquartered in
Menlo Park with additional offices in
New York and
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
.
In 2021, the firm founded TCV Acquisition, a
Special-purpose acquisition company with no commercial operations. It was formed to raise capital to acquire private companies. On 14 April, it was listed on the
Nasdaq under the ticker 'TCVA' and raised $350 million.
The typical size of an investment that TCV makes in companies ranges from $3 million to $300 million. As of 2020, TCV has invested over $13 billion in over 350 companies.
Funds
Notable investments
*
Altiris
*
Airbnb
*
ByteDance
*
Dollar Shave Club
Dollar Shave Club is an American company based in Venice, California, that delivers razors and other personal grooming products to customers by mail. It delivers razor blades on a monthly basis and offers additional grooming products for home ...
*
ExactTarget
*
Expedia
Expedia Inc. is an online travel agency owned by Expedia Group, an American online travel shopping company based in Seattle. The website and mobile app can be used to book airline tickets, hotel reservations, car rentals, cruise ships, and ...
*
Facebook
Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin ...
*
Fandango
*
Fuze
*
GoDaddy
GoDaddy Inc. is an American publicly traded Internet domain registrar and web hosting company headquartered in Tempe, Arizona, and incorporated in Delaware.
, GoDaddy has more than 21 million customers and over 6,600 employees worldwide. The ...
*
GoFundMe
*
Genesys Genesys may refer to:
* Genesys (company), a customer experience and contact center technology company
* ''Genesys'' (video game), an educational video game released in 2000
* Genesys (website), a portal to information about plant genetic resource ...
*
HomeAway
*
IQMS
*
Netflix
Netflix, Inc. is an American subscription video on-demand over-the-top streaming service and production company based in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, it offers a ...
*
Open English
*
Payoneer
*
Peloton
In a road bicycle race, the peloton (from French, originally meaning 'platoon') is the main group or pack of riders. Riders in a group save energy by riding close (drafting or slipstreaming) to (particularly behind) other riders. The reductio ...
*
Redback Networks
*
Silver Peak
*
SeatGeek
*
Sitecore
*
Splunk
*
Spotify
Spotify (; ) is a proprietary Swedish audio streaming and media services provider founded on 23 April 2006 by Daniel Ek and Martin Lorentzon. It is one of the largest music streaming service providers, with over 456 million monthly active us ...
*
Thinkorswim
Thinkorswim by TD Ameritrade (often stylized and officially branded as thinkorswim, lacking capitalization) is an electronic trading platform by TD Ameritrade used to trade financial assets. It is geared for self-directed stock, options and ...
*
Vice Media
*
Webroot
*
WorldRemit
*
Zillow
References
External links
www.tcv.com(Company Website)
{{authority control
Financial services companies established in 1995
Financial services companies based in California
Companies based in Menlo Park, California
Private equity firms of the United States
Venture capital firms of the United States