# TVC Capital: portfolio, investments and team

> TVC Capital is a private equity based in United States. 18 investments on record, latest Oct 2019. Portfolio, stages, co-investors and team.

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

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

# TVC Capital

Last cheque observed Oct 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet New fund $106M, May 2018 Private equity

Seed Series A Series B Productivity Tools SaaS Collaboration Tools

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

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 18 on record

Since the last cheque **2581** days **00** hrs **00** min **00** sec

Median round **$10M** Cheque size, as they say **$8.0M – $25M** Rounds led **1 of 18** Sole investor **11 rounds** Exits **3 from the portfolio** Mostly in **United States, 100%**

Pitch TVC Capital

## TVC Capital highlights

- 01 18 rounds on record
- 02 Mostly Series A and Series B: 83% of its rounds
- 03 Sole investor in 11 rounds, median $6.0M
- 04 3 exits from the portfolio

## What they do

> TVC Capital is an operator led growth equity firm based in San Diego, CA. From their own website

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** $8.0M – $25M as they say
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Productivity Tools SaaS Collaboration Tools
- **Based in:** San Diego, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **18 appearances**

- **2019** 4 rounds
- **Oct** **[Celigo](https://millionrounds.com/company/celigo)** Series B · US · FinSMEs **$20M** With 2 others
- **Jun** **[CreatorIQ](https://millionrounds.com/company/creatoriq)** Series B · US · FinSMEs **$12M** *Led*
- **Apr** **[Persepctium](https://millionrounds.com/company/persepctium)** Series B · US · FinSMEs **$8.0M** Sole investor
- **Feb** **[Centage Corporation](https://millionrounds.com/company/centage-corporation)** Series C · US · FinSMEs **$8.5M** Sole investor
- **2017** 1 round
- **May** **[Perspecticum](https://millionrounds.com/company/perspecticum)** Series A · US · FinSMEs **$8.0M** Sole investor
- **2016** 1 round
- **Jun** **[BitTitan](https://millionrounds.com/company/bittitan)** Series A · US · GeekWire **$15M** Sole investor
- **2015** 1 round
- **Aug** **[MediaPlatform](https://millionrounds.com/company/mediaplatform)** Growth · US **$12M** With 2 others
- **2014** 5 rounds
- **Oct** **[Limeade](https://millionrounds.com/company/limeade)** Series C · US **$25M** With 1 other
- **Sept** **[Centage Corporation](https://millionrounds.com/company/centage-corporation)** Series A · US **$9.5M** With 1 other
- **Jul** **[EdgeWave Inc.](https://millionrounds.com/company/edgewave-inc)** Series A · US **$6.0M** Sole investor
- **May** **[LiquidPlanner](https://millionrounds.com/company/liquidplanner)** Series B · US **$8.0M** Sole investor
- **Apr** **[Levels Beyond](https://millionrounds.com/company/levels-beyond)** Series A · US **$2.5M** Sole investor
- **2013** 1 round
- **Jan** **[Levels Beyond](https://millionrounds.com/company/levels-beyond)** Series A · US · finsmes.com **$4.5M** Sole investor
- **2012** 2 rounds
- **Oct** **[Anametrix](https://millionrounds.com/company/anametrix)** Series A · US · techcrunch.com **$4.4M** With 1 other
- **Oct** **[Limeade](https://millionrounds.com/company/limeade)** Series B · US · finance.yahoo.com **$5.0M** Sole investor
- **2008** 1 round
- **Jan** **[Mercent Corporation](https://millionrounds.com/company/mercent-corporation)** Series B · US · mercent.com **$6.5M** With 2 others
- **2007** 1 round
- **Jul** **[Q4bis](https://millionrounds.com/company/q4bis)** Series A · US **$6.0M** Sole investor
- **2006** 1 round
- **Mar** **[Accordent Technologies](https://millionrounds.com/company/accordent-technologies)** Series A · US · freshnews.com **$4.0M** Sole investor

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 **3 named**

JS **Jeb Stewart Spencer** Managing Director of the General Partner i Filing they signed

MC **Mykel Carl Sprinkles** Managing Member, Tvc Capital IV GP, LLC i Form ADV

SJ **Steven Jay Hamerslag** Managing Director of the General Partner i Filing they signed

We also hold **13** 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

**$307M** gross assets of its funds Oct 2026

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

- **Legal name:** TVC Capital Management, LLC
- **SEC number:** CRD 163541

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 1 we have independently watched raise

Ftvcapital

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **3 in all**

**[Mercent Corporation](https://millionrounds.com/company/mercent-corporation)** Bought by CommerceHub **Undisclosed** Dec 2014

**[Anametrix](https://millionrounds.com/company/anametrix)** Bought by Ensighten **Undisclosed** Oct 2014

**[Accordent Technologies](https://millionrounds.com/company/accordent-technologies)** Bought by [Polycom](https://millionrounds.com/fund/polycom) **Undisclosed** Mar 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$106M**

raised in May 2018

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 **$10M** the round, not its cheque Alone, median **$6.0M**

Led 1 of 18 rounds **6%**

- **Said size:** $8.0M – $25M
- **Sole investor:** 11 rounds
- **Last cheque:** Oct 2019
- **Exits:** 3 from the portfolio

Rounds by stage said on their site

- Series A said *9*
- Series B said *6*
- Series C *2*
- Growth said *1*
- Seed said *-*

Cheques by year Led Joined

2006 2019

**Pitching TVC Capital?** 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 *→*

## Recently backed

The latest companies TVC Capital put money into.

[**Celigo** $20M · Oct 2019](https://millionrounds.com/company/celigo)[**CreatorIQ** $12M · Jun 2019](https://millionrounds.com/company/creatoriq)

## Quick answers about TVC Capital

### What does TVC Capital invest in?

TVC Capital invests most often at Series A and Series B (83% of the rounds on record), in sectors such as Productivity Tools, SaaS and Collaboration Tools.

### How active is TVC Capital?

18 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Oct 2019.

### What has TVC Capital invested in recently?

Its most recent investments on record: Celigo (Series B, Oct 2019), CreatorIQ (Series B, Jun 2019) and Persepctium (Series B, Apr 2019).

### How big are TVC Capital's cheques?

The median round it joins is $10M. It says it writes cheques of $8.0M to $25M.

### Does TVC Capital lead rounds?

Sometimes: it led 1 of its 18 investments on record (6%).

### Where does TVC Capital invest?

Most of the companies it backs are in the United States (100%).

### Is TVC Capital investing now?

No investments in the last 12 months; the latest was in Oct 2019.

### What kind of investor is TVC Capital?

TVC Capital is a private equity firm based in San Diego, United States.

## 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=tvc-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=tvc-capital)