TVC Capital

TVC Capital

La Jolla, Californiatvccapital.com

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 .

Year Founded

2006

Portfolio Companies

10

Investments

CompanyDateStageLead
CapacityAug 2025Series D and DebtLead
AI Software LLCAug 2025Series DLead
CapacityAug 2025DebtLead
CapacityOct 2024Series DLead
AI Software LLCOct 2024Series DLead

Key People

Jeb Spencer

Co-Founder And Managing Partner

Steve Hamerslag

Managing Partner

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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Firmographic Details

HeadquartersLa Jolla, California
Year Founded2006

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