Financials

People

Activity

TVC Capital

Company

Investment-firm

Financing round

General

About Company
TVC Capital is a growth equity firm focused on investments in and acquisitions of software companies.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2006

Number of employees

IPO status

Private

Description

The San Diego-based operator-led firm invests in a wide range of software sectors and industry verticals, providing growth equity in minority interests, as well as capital for recapitalizations and buyouts. They seek investment opportunities with US software companies generating $2.5 million-plus in annual revenue, typically investing in those that are at or tracking towards profitability and meet a mission-critical need of their customer base. The TVC Capital team is made up of operating executives with extensive technology and operations experience, enabling them to work closely with their investment partners at all stages of corporate evolution. They also welcome the opportunity to begin a dialogue with growth-oriented software companies that are below their revenue threshold but are at an inflection point in their development and are poised for future growth.
Contacts

Contact Email

Phone number

Social url

Similar Companies
999
Diversis Capital

Diversis Capital

Diversis Capital is a private equity firm that invests in software and technology companies.

Sector

Closed End Investments

Subsector

Closed End Investments

Location

Westwood, Los Angeles, CA, USA

count Of Investments

7

count Of Exists

3
Altimeter Capital

Altimeter Capital

Altimeter Capital is a technology-focused investment firm.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital, Finance

Location

Menlo Park, CA, USA

count Of Investments

86

count Of Exists

6
GreyLion Capital

GreyLion Capital

GreyLion Capital invests in high-growth businesses in the lower middle market with $25-$125 million of capital per investment.

Sector

Closed End Investments

Subsector

Closed End Investments

Location

New York, NY, USA

count Of Investments

22

count Of Exists

6
Parallax Capital

Parallax Capital

Parallax is a private equity firm that makes control equity investments in lower middle market software and related technology companies.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Software, Finance

Location

Laguna Hills, CA, USA

count Of Investments

1

Financials

Investments
38
Date 
name 
Lead 
type 
Raised 
SpotHopper

SpotHopper

SpotHopper is an all-in-one marketing and operations platform for independent restaurants to drive revenue online.

Sector

Travel and Leisure

Subsector

Restaurants and Bars

Location

Milwaukee, WI, USA

total rounds

3

total raised

$26M
SmartAction

SmartAction

SmartAction delivers AI-powered self-service to help companies improve customer experience and reduce costs.

Sector

Software and Computer Services

Subsector

Software

Keywords

Artificial Intelligence, Software, Machine Learning

Location

El Segundo, CA 90245, USA

total rounds

2
springbig

springbig

Springbig offers loyalty, digital communications, and CRM technology solutions to cannabis retailers, revolutionizing the industry.

Sector

Pharmaceuticals and Biotechnology

Subsector

Cannabis Producers

Location

Boca Raton, FL, USA

total rounds

6

total raised

$44.7M
Co-Investors
Exits
13
GrowFlow

GrowFlow

GrowFlow offers B2B SaaS for cannabis and hemp businesses, including compliance and inventory management.

Sector

Pharmaceuticals and Biotechnology

Subsector

Cannabis Producers

Location

Seattle, WA, USA

total rounds

3

total raised

$8.65M
Halo BI

Halo BI

Halo offers a self-service supply chain planning and data discovery platform to boost revenue and customer satisfaction.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Location

San Diego, CA, USA

total rounds

1

total raised

$6M
SimpleNexus

SimpleNexus

SimpleNexus is a homeownership platform that connects loan officers, borrowers, real estate agents and settlement agents.

Sector

Finance and Credit Services

Subsector

Mortgage Finance

Keywords

Financial Services, Real Estate, Software

Location

Lehi, UT, USA

total rounds

3

total raised

$128M

People

Founders
2
Jeb Spencer
Jeb Spencer

Jeb Spencer

Jeb Spencer chairs the Board’s Mergers and Acquisitions Committee and served the Board since August 2011. From September 2006 to the present, Jeb has served as a managing partner of TVC Capital, a private equity and venture capital firm, of which he is a co-founder. From September 2002 to April 2005, Jeb served as chief executive officer of Del Mar DataTrac, a mortgage lending automation solutions company, and as its chairman of the board of directors from 2002 to 2005 and from 2008 to 2011. From December 1999 to April 2001, Jeb served as president and a member of the board of directors of Backwire.com, Inc., an Internet publishing company, of which he was a co-founder. Jeb was chairman of the board of directors of Accordent Technologies, a video content management company. Jeb is a member of the board of directors for several private companies, including Centage Corporation, Edgewave, Inc., LocationSmart, Inc., HALO Business Intelligence Inc., Levels Beyond, Inc. and ReverseVision, Inc. Jeb holds a Bachelor of Arts degree in Political Science from Boston College and a Master of Business Administration degree from Harvard University. The Board has concluded that Jeb should serve on the Board based on his extensive background in the software industry and his significant experience advising and serving on the boards of directors of many start-up and high growth companies, including companies in the mortgage and software industries.

current job

TVC Capital
TVC Capital

Jeb Spencer

Steven Hamerslag
Steven Hamerslag

Steven Hamerslag

Steven Hamerslag is a Co-Founder of TVC Capital. He has over 34 years experience starting, growing and leading high tech enterprises. His knowledge of enterprise technology solutions is further leveraged by his extensive sales, marketing and general management experience having started and acted as CEO of two publicly held companies. Prior to founding TVC Capital, Steven was President and CEO of J2 Global Communications, a provider of communication services. Steven was instrumental in creating the J2 transformation by combining JFAX.com with EFAX.com and expanding the service offering with web-managed conference calling. In 1987 Steven founded MTI Technology, a provider of enterprise storage solutions. Revenues grew to over $200 million during his tenure with the company. Steven was recognized as the Ernst and Young National Entrepreneur of the Year and the Orange County High Technology Entrepreneur of the Year. He is on the board of directors of publicly held CorVel Corporation (NASDAQ: CRVL) as well as privately held Digital Map Products, Halo Business Intelligence, Inc., Mercent Corporation, Limeade, Inc., and Anametrix, Inc. Steven holds a BA in Economics from the University of California, Berkeley.

current job

TVC Capital
TVC Capital

Steven Hamerslag

Employee Profiles
7
David Mellstrom

David Mellstrom

Associate

Jeb Spencer

Jeb Spencer

Co-Founder & Managing Partner

Steven Hamerslag

Steven Hamerslag

Managing Partner

Mykel Sprinkles

Mykel Sprinkles

Principal

Tighe M. Reardon

Tighe M. Reardon

CFO

Joanne Ward

Joanne Ward

Chief Administrator/ Executive Assistant

Activity

Recent News
0