TCV

Venture capital firm
San Francisco Bay Area, California, USA$22.5B AUMwww.tcv.comSee connections →Compare with Bessemer Venture Partners

Technology-focused venture firm investing across content platforms, fintech, legal tech, software infrastructure, and AI-related companies.

At a glance

TCV appears in 8 funding rounds tracked by ValueAddVC since 2022, leading 6. Its most frequent sectors in these rounds are Fintech & Crypto and Enterprise Software, and its most recent tracked deal was Albert Invent's $55M Series B round (Oct 13, 2026). It co-invests most often with Bessemer Venture Partners, Coatue Management and Index Ventures. ValueAddVC also tracks 5 funds managed by TCV.

Strategy

Stages
Growth
Sectors
TechnologyAIFintechLegal TechSoftware Infrastructure
Geographies
USASan Francisco Bay Area, California, USA
Check size
$50M-$500M

Recent changes

  1. Oct 13, 2026Invested in Albert Invent (Series B, $55M) MarketMinute
  2. Sep 5, 2026Sectors updated: Technology, AI, Fintech, Legal Tech, Software Infrastructure tcv.com
  3. Sep 3, 2026Invested in Upwind (Series C, $300M) Bloomberg
  4. Jul 30, 2026Invested in Onyx Security (Series B, $113M) SecurityWeek
  5. Jul 16, 2026New fund: TCV Growth Fund XIII SEC EDGAR Form D
Earlier changes (9)
  1. Jul 16, 2026Invested in Fireworks AI (Series D, $1.505B) SiliconANGLE
  2. May 28, 2026Follow-on: Invested in Corgi (Series B1, $106M) Corgi
  3. May 20, 2026Invested in Mercury (Series D, $200M) Mercury
  4. May 7, 2026Invested in Corgi (Series B, $160M) Corgi
  5. Jun 12, 2023New fund: TCV Fund XII SEC EDGAR Form D
  6. Jan 1, 2022Invested in Brex (Series D-2) TechCrunch
  7. Oct 1, 2020New fund: TCV Fund XI SEC EDGAR Form D
  8. Aug 20, 2018New fund: TCV Fund X SEC EDGAR Form D
  9. Feb 18, 2016New fund: TCV Fund IX SEC EDGAR Form D

Funds

5
FundVintageSizeStrategySource
TCV Growth Fund XIII2026—Growth
As of Jul 16, 2026SEC EDGAR Form D
TCV Fund XII2023—Flagship
As of Sep 27, 2023SEC EDGAR Form D
TCV Fund XI2020—Flagship
As of Oct 1, 2020SEC EDGAR Form D
TCV Fund X2018—Flagship
As of Aug 20, 2018SEC EDGAR Form D
TCV Fund IX2016—Flagship
As of Feb 18, 2016SEC EDGAR Form D

Portfolio

7 total

Recent Investment Activity

8

Track record: led 6 and participated in 2 of 8 tracked venture rounds · 7 in the last 12 months · led 2 Series B, 2 Series D, 1 Series C, 1 Series B1

DateCompanyEventRoleAmountValuationInvestorsSource
Oct 13, 2026Albert InventSeries BLed$55M—
TCVLeadunverifiedDelta-v CapitalunverifiedCoatue ManagementunverifiedIndex VenturesunverifiedApplied VenturesunverifiedSocium VenturesHighSage VenturesCoral CapitalLegion VC+1 more
MarketMinute
Sep 3, 2026UpwindSeries CLed$300M$3.8B
Bessemer Venture PartnersLeadunverifiedTCVLeadunverified
Pulse story
Jul 30, 2026Onyx SecuritySeries BParticipated$113M~$640MSecurityWeek
Jul 16, 2026Fireworks AISeries DLed$1.505B$17.5BSiliconANGLE
May 28, 2026CorgiSeries B1Led$106M$2.6B
TCVLeadunverified
Corgi
May 20, 2026MercurySeries DLed$200M$5.2B
TCVLeadunverifiedAndreessen HorowitzunverifiedCoatue ManagementunverifiedCRVunverifiedSapphire VenturesunverifiedSequoia CapitalunverifiedSpark Capitalunverified
Mercury
May 7, 2026CorgiSeries BLed$160M$1.3B
TCVLeadunverified
Corgi
Jan 2022BrexSeries D-2Participated—$12.3B
TCVGICBaillie GiffordBase10 PartnersMadrone Capital PartnersDurable Capital PartnersValiant Capital Management
TechCrunch

Sector / Stage Activity

By sector (portfolio)
Enterprise SaaS
2 · 29%
Chemistry
1 · 14%
Insurtech
1 · 14%
AI infra
1 · 14%
Fintech
1 · 14%
By stage (tracked rounds)
Series B
3 · 38%
Series D
2 · 25%
Series C
1 · 13%
Series B1
1 · 13%
Series D-2
1 · 13%

Co-Investors

12

Similar Firms

overlapping sector, stage or region

TCV FAQ

What companies has TCV invested in?

TCV's portfolio includes Albert Invent, Upwind, Onyx Security, Fireworks AI, Corgi, Mercury, and 1 more tracked companies.

Who does TCV co-invest with most?

In the rounds Value Add tracks, TCV most often invests alongside Bessemer Venture Partners (3 shared deals), SV Angel (3 shared deals), Coatue Management (2 shared deals), Index Ventures (2 shared deals), Sequoia Capital (2 shared deals).

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data · Suggest a correction