TVC Capital
Overview
TVC Capital is an operator-led growth equity firm focused on investments in and acquisitions of software companies and software-enabled service firms. Located in San Diego, CA, TVC Capital provides growth stage B2B software companies with the capital, resources, and guidance needed to become market leaders . The firm focuses on mission-critical software companies with $3 million-plus in ARR and partners with capital-efficient North American B2B software companies generating $3 million-plus in annual recurring revenue .
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| CreatorIQ | Sep 2021 | Series D | Co-investor |
| Celigo | Oct 2019 | Series B | Co-investor |
| Capacity | Aug 2025 | Debt | Lead |
| Docupace | Jun 2016 | Growth Equity | Co-investor |
| eVisit | Oct 2020 | Series A | Lead |
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Key People
Jeb Spencer
Co-Founder And Managing Partner
Steve Hamerslag
Managing Partner
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is TVC Capital based?
TVC Capital is headquartered in La Jolla, California, United States.
When was TVC Capital founded?
TVC Capital was founded in 2006.
How many portfolio companies does TVC Capital have?
TVC Capital has 11 portfolio companies in Caplight's dataset.
What are some companies in TVC Capital's portfolio?
Portfolio companies visible on Caplight include CreatorIQ, Celigo, Capacity, Docupace, eVisit.
What was TVC Capital's most recent investment shown here?
TVC Capital's most recent investment in this portfolio sample was in Capacity in 2025.
What sectors does TVC Capital focus on?
TVC Capital focuses on Healthcare & Life Sciences, Enterprise Software, Enterprise Software, FinTech, Enterprise Software, Healthcare & Life Sciences, FinTech, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Consumer & Commerce, Consumer & Commerce, Enterprise Software, Media, Entertainment & Gaming, Enterprise Software, Enterprise Software.
What company stages does TVC Capital focus on?
TVC Capital typically invests at the MultiStage stage.
What is TVC Capital's AUM?
TVC Capital's assets under management are estimated between $100.0M and $250.0M.