EB

Erik Blachford

North America, California, United States, San Francisco

Description

Erik Blachford is a highly experienced venture partner at Technology Crossover Ventures (TCV), a prominent growth equity firm. With a distinguished operational background, including serving as CEO of Expedia, Inc. and leading IAC/InterActiveCorp's travel division, Blachford brings deep industry expertise to his investment role. His tenure at TCV, which began in 2011, has seen him focus on identifying and supporting high-growth internet, software, and consumer companies, particularly those leveraging marketplace and subscription models, areas where he has significant firsthand experience.

At TCV, Blachford is instrumental in deploying substantial capital into established, scaling businesses. TCV is known for its growth-stage investments, typically writing checks ranging from $50 million to $500 million. For instance, TCV closed its twelfth fund, TCV XII, with $5.5 billion in commitments in 2022, underscoring the significant resources Blachford helps direct. His role involves strategic guidance, deal sourcing, and active participation on the boards of portfolio companies, leveraging his operational acumen to help companies navigate growth challenges and market expansion.

Blachford's influence is evident in his involvement with several well-known companies. He has served on the boards of public and private entities such as TripAdvisor, Zillow, Glassdoor, SeatGeek, and Peloton, and has been associated with investments in companies like Airbnb. His investment philosophy is deeply rooted in his operational past, favoring businesses with strong unit economics, clear market leadership potential, and innovative approaches to consumer engagement. He seeks to partner with founders who are building transformative platforms in sectors like travel, fintech, and digital media.

Beyond capital, Blachford provides invaluable strategic counsel, drawing from his experience scaling Expedia into a multi-billion dollar enterprise. This operational insight is a key differentiator, helping portfolio companies refine their strategies, optimize operations, and prepare for significant market milestones. His contributions extend beyond financial backing, offering a blend of mentorship and strategic partnership that is highly valued by the companies TCV invests in.

Investor Profile

Erik Blachford has backed more than 27 startups, with 2 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 11 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Austria, Canada.
  • Strong thematic focus on Travel, E-Commerce, Marketplace.
  • Typical check size: $50M – $500M.

Stage Focus

  • Seed (48%)
  • Series A (15%)
  • Series B (15%)
  • Angel (7%)
  • Series Unknown (7%)
  • Corporate Round (4%)
  • Series C (4%)

Country Focus

  • United States (93%)
  • Austria (4%)
  • Canada (4%)

Industry Focus

  • Travel
  • E-commerce
  • Marketplace
  • Hospitality
  • Internet
  • Tourism
  • Apps
  • Fintech
  • Saas
  • Information Services
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Erik Blachford frequently co-invest with?

Amplify.LA
North America, California, United States, Venice
Co-Investments: 1
Sutter Hill Ventures
North America, California, United States, Palo Alto
Co-Investments: 2
Sand Hill Angels
North America, California, United States, Mountain View
Co-Investments: 2
Wavemaker Partners
Asia, Central Region, Singapore, Singapore
Co-Investments: 1
Felicis
North America, California, United States, Menlo Park
Co-Investments: 2
Dorm Room Fund
North America, Pennsylvania, United States, Philadelphia
Co-Investments: 1
Direct Travel
North America, Colorado, United States, Centennial
Co-Investments: 2
Glassdoor
North America, California, United States, San Francisco
Co-Investments: 2
TCV
North America, California, United States, Menlo Park
Co-Investments: 2
Madrona
North America, Washington, United States, Seattle
Co-Investments: 4

Which angels does Erik Blachford often collaborate with?

MS
North America, Washington, United States, Seattle
Shared Deals: 2
AB
North America, Washington, United States, Bellevue
Shared Deals: 2
SR
North America, California, United States, Los Angeles
Shared Deals: 5
EL
North America, California, United States, San Francisco
Shared Deals: 1
David Rodnitzky
North America, California, United States, San Mateo
Shared Deals: 1
HC
North America, Massachusetts, United States, Boston
Shared Deals: 3
JK
North America, Texas, United States, Austin
Shared Deals: 2
NH
North America, Washington, United States, Seattle
Shared Deals: 2
BH
North America, Washington, United States, Seattle
Shared Deals: 2
CB
North America, Georgia, United States, Marietta
Shared Deals: 2

What are some of recent deals done by Erik Blachford?

Otto

Seattle, Washington, United States

Otto is a travel tech company that uses AI to plan, book and execute business trips.

Artificial Intelligence (AI)SaaSTravelTravel Agency
SeedAug 22, 2024
Amount Raised: $6,000,000
Otto

Seattle, Washington, United States

Otto is a startup developing an intelligent and autonomous AI travel adviser for business travelers.

Travel
SeedAug 22, 2024
Amount Raised: $6,000,000
Madrona Venture Labs

Seattle, Washington, United States

Madrona Venture Labs is a startup studio that builds companies from scratch.

Financial ServicesFinTechImpact InvestingIncubatorsVenture Capital
Series UnknownMay 29, 2021
Amount Raised: $8,000,000
CANOPY

San Francisco, California, United States

CANOPY is an exceptional network of shared workspaces for both accomplished professionals and aspirational entrepreneurs.

CommunitiesCoworking
Corporate RoundMay 23, 2019
Amount Raised: $2,000,000
Sleepbox

Boston, Massachusetts, United States

Modular compact hotel rooms for public spaces

HospitalityTravel
SeedJan 5, 2019
Amount Raised: $1,500,000
Domicile

Seattle, Washington, United States

A better way to stay for business, Domicile combines modern, fully-furnished apartments with the services you expect from leading hotels

CommunitiesHospitalityHotelLeisureReal EstateTravel Accommodations
SeedSep 13, 2018
Amount Raised: $6,000,000
Busbud

Montréal, Quebec, Canada

Busbud is a mobile app and platform that connects passengers to bus operators.

AppsSoftwareTransportationTravel
Series BJan 30, 2018
Amount Raised: $11,000,000
Uplift

Menlo Park, California, United States

Uplift is an enterprise buy now, pay later solution offering a complete range of personalized payment options.

E-CommerceFinanceFinTechInformation TechnologyPayments
Series BDec 21, 2017
Amount Raised: $15,000,000
TripScope

Venice, California, United States

A marketplace for virtual travel planning & mobile concierge services with live travel agents

AppsB2BLeisureTourismTravel
AngelNov 11, 2015
Amount Raised: $1,200,000
Traveling Spoon

San Francisco, California, United States

Traveling Spoon enables travelers to experience local cuisines at people’s homes around the world.

TourismTravel
SeedSep 16, 2015
Amount Raised: $870,000