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 .
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Capacity | Aug 2025 | Series D and Debt | Lead |
| AI Software LLC | Aug 2025 | Series D | Lead |
| Capacity | Aug 2025 | Debt | Lead |
| Capacity | Oct 2024 | Series D | Lead |
| AI Software LLC | Oct 2024 | Series D | Lead |
Key People
Jeb Spencer
Co-Founder And Managing Partner
Steve Hamerslag
Managing Partner
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.