# Thayer Ventures: portfolio, investments and team

> Thayer Ventures is a vc firm based in United States. 21 investments on record, latest Nov 2024. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/thayer-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Thayer Ventures

Filed with the SEC to raise a fund in Nov 2025, closing $7M. Last cheque observed Nov 2024.

Email

VC firm Quiet New fund $7.3M, Nov 2025

Seed Series A Series B Traveltech Restaurant Hospitality

Follow Thayer Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fthayer-ventures)

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 21 on record

Since the last cheque **723** days **00** hrs **00** min **00** sec

Median round **$13M** Rounds led **2 of 21** Sole investor **1 rounds** Mostly in **United States, 95%**

Pitch Thayer Ventures

## Thayer Ventures highlights

- 01 21 rounds on record
- 02 Mostly Series A and Series B: 79% of its rounds
- 03 Sole investor in 1 rounds, median $3.2M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Traveltech Restaurant Hospitality
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **21 appearances**

- **2024** 2 rounds
- **Nov** **[Bounce](https://millionrounds.com/company/bounce)** Series B · US · TechCrunch **$19M** With 8 others
- **Nov** **[Cruisebound](https://millionrounds.com/company/cruisebound)** Series B · US · AlleyWatch **$13M** *Led*
- **2019** 1 round
- **Sept** **[Beekeeper](https://millionrounds.com/company/beekeeper)** Series B · CH · FinSMEs **$45M** *Led*
- **2016** 2 rounds
- **Sept** **[Sonder](https://millionrounds.com/company/sonder)** US · FinSMEs **$10M** With 3 others
- **Aug** **[Viridis](https://millionrounds.com/company/viridis)** Series A · US · FinSMEs **$3.2M** Sole investor
- **2015** 3 rounds
- **Apr** **[Assured Labor](https://millionrounds.com/company/assured-labor)** Series B · US **$6.8M** With 3 others
- **Mar** **[Options Away](https://millionrounds.com/company/options-away)** Series A · US **$3.5M** With 2 others
- **Feb** **[BookingPal](https://millionrounds.com/company/bookingpal)** Series B · US **$5.0M** With 4 others
- **2014** 3 rounds
- **Nov** **[UpLift](https://millionrounds.com/company/uplift)** Series A · US **$8.2M** With 2 others
- **Aug** **[Social Tables](https://millionrounds.com/company/social-tables)** Series A · US **$8.0M** With 5 others
- **May** **[Posiq](https://millionrounds.com/company/posiq)** Series A · US **$3.2M** With 1 other
- **2013** 6 rounds
- **Oct** **[Sphere (Spherical, Inc.)](https://millionrounds.com/company/sphere-spherical-inc)** Seed · US **$525K** With 1 other
- **Sept** **[Liftopia](https://millionrounds.com/company/liftopia)** Series D · US · finsmes.com **$5.0M** With 11 others
- **Sept** **[Traxo](https://millionrounds.com/company/traxo)** Series A · US · sec.gov **$4.2M** With 2 others
- **Jul** **[Groupize.com](https://millionrounds.com/company/groupize-com)** Series A · US · finsmes.com **$2.0M** With 4 others
- **Jun** **[ID90T](https://millionrounds.com/company/id90t)** Series B · US · pehub.com **$3.0M** With 3 others
- **Feb** **[ADARA](https://millionrounds.com/company/adara)** Series B · US · marketwired.com **$20M** With 4 others
- **2012** 4 rounds
- **Dec** **[Sphere (Spherical, Inc.)](https://millionrounds.com/company/sphere-spherical-inc)** Seed · US · venturebeat.com **$1.8M** With 6 others
- **Dec** **[Duetto](https://millionrounds.com/company/duetto)** Series A · US · finance.yahoo.com **$10M** With 5 others
- **Oct** **[Switchfly](https://millionrounds.com/company/switchfly)** Series C · US · finsmes.com **$2.8M** With 3 others
- **Oct** **[Spark Mobile](https://millionrounds.com/company/spark-mobile)** Venture **$1.3M** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **6 named**

CR **Chris R. Hemmeter** Managing Director i Form ADV

CH **Christopher Hemmeter** Managing Member i Filing they signed

JM **Jeffery M. Jackson** Managing Director i Form ADV

ME **Mark Ewoldt Farrell** Managing Director i Form ADV

MA **Michael Alexander Scott** Managing Member i Filing they signed

ZT **Zachary Tyler Carrico** Managing Member i Filing they signed

We also hold **8** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$165M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Thayer Ventures Management Company, L.L.C.
- **SEC number:** CRD 285321

New fund on file

**$7.3M**

raised in Nov 2025

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$13M** the round, not its cheque Alone, median **$3.2M**

Led 2 of 21 rounds **10%**

- **Sole investor:** 1 rounds
- **Last cheque:** Nov 2024

Rounds by stage said on their site

- Series A said *8*
- Series B said *7*
- Seed said *2*
- Series C *1*
- Series D *1*
- Growth said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [General Catalyst](https://millionrounds.com/fund/general-catalyst) 3
- [PAR Capital Ventures](https://millionrounds.com/fund/par-capital-ventures) 3
- [Marc Benioff](https://millionrounds.com/fund/marc-benioff) 2
- [Mexico Ventures](https://millionrounds.com/fund/mexico-ventures) 2
- [Plug and Play](https://millionrounds.com/fund/plug-and-play) 2
- [Sierra Maya Ventures](https://millionrounds.com/fund/sierra-maya-ventures) 2

**Pitching Thayer Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Thayer Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**General Catalyst** VC firm **3** rounds together](https://millionrounds.com/fund/general-catalyst)[**PAR Capital Ventures** Growth equity **3** rounds together](https://millionrounds.com/fund/par-capital-ventures)[**Marc Benioff** VC firm **2** rounds together](https://millionrounds.com/fund/marc-benioff)[**Mexico Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/mexico-ventures)[**Plug and Play** Accelerator **2** rounds together](https://millionrounds.com/fund/plug-and-play)[**Sierra Maya Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/sierra-maya-ventures)

## Recently backed

The latest companies Thayer Ventures put money into.

[**Bounce** $19M · Nov 2024](https://millionrounds.com/company/bounce)[**Cruisebound** $13M · Nov 2024](https://millionrounds.com/company/cruisebound)[**Beekeeper** $45M · Sept 2019](https://millionrounds.com/company/beekeeper)[**Sonder** $10M · Sept 2016](https://millionrounds.com/company/sonder)

## Quick answers about Thayer Ventures

### What does Thayer Ventures invest in?

Thayer Ventures invests most often at Series A and Series B (79% of the rounds on record), in sectors such as Traveltech, Restaurant and Hospitality.

### How active is Thayer Ventures?

21 investments on record, 0 of them in the last 12 months, and it led 2. The most recent was in Nov 2024.

### What has Thayer Ventures invested in recently?

Its most recent investments on record: Bounce (Series B, Nov 2024), Cruisebound (Series B, Nov 2024) and Beekeeper (Series B, Sept 2019).

### How big are Thayer Ventures's cheques?

The median round it joins is $13M.

### Does Thayer Ventures lead rounds?

Sometimes: it led 2 of its 21 investments on record (10%).

### Where does Thayer Ventures invest?

Most of the companies it backs are in the United States (95%) and Switzerland (5%).

### Is Thayer Ventures investing now?

No investments in the last 12 months; the latest was in Nov 2024.

### Who does Thayer Ventures invest alongside?

Most often General Catalyst (3 rounds together), PAR Capital Ventures (3 rounds together) and Marc Benioff (2 rounds together).

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=thayer-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=thayer-ventures)