TVC Capital

TVC Capital is a San Diego-based growth equity firm with a dedicated focus on investments in and acquisitions of software companies. The firm targets businesses that have already achieved profitability and demonstrated a strong market presence, typically seeking companies with annual revenues ranging from $10 million to $100 million. Their investment strategy centers on providing capital to established software firms that are poised for significant expansion, rather than early-stage startups. They are known for their deep understanding of the software sector and their hands-on approach to supporting portfolio companies.

The firm's primary objective is to fuel the growth of its portfolio companies through various strategic initiatives. TVC Capital provides capital for purposes such as product development, expanding sales and marketing efforts, executing strategic acquisitions, or facilitating shareholder liquidity. Their typical first check size for these growth-oriented investments falls within the range of $10 million to $50 million. This substantial capital injection is often coupled with a preference for taking either majority or significant minority equity positions, allowing them to actively partner with management teams.

Beyond financial backing, TVC Capital emphasizes leveraging its deep operational expertise and industry network to support its portfolio companies. The firm's partners often bring direct experience in building and scaling software businesses, offering strategic guidance and operational support. This hands-on approach is a cornerstone of their value proposition. Demonstrating their continued commitment to the software sector, TVC Capital successfully closed its latest fund, TVC Capital V, in 2022, with total commitments reaching $300 million, further solidifying their capacity to execute on their growth equity strategy.