Technology Crossover Ventures
AUM : $9 billion
Technology Crossover Ventures is a private equity and venture capital firm specializing in investments in leveraged buyouts, minority growth equity, full or partial recapitalizations for both diversification of capital structure and modifying shareholder equity, acquisition financings to supplement complementary add-on acquisitions, public market transactions, and public deal constructs in Fintech sector.
The firm seeks to invest in growth stage, early, mid, and late venture stages, mature, and later stages of development in private and public companies. It seeks to provide guidance on initial public offerings, mergers and acquisitions, expansion and refinancing.
It seeks to provide growth and acquisition capital to publicly trading companies in the form of PIPEs and also invests in its portfolio companies at the IPO stage and beyond. The firm seeks to invest in companies operating in the information technology sector, with a focus on, internet, business and financial services, software, and infrastructure markets.
The firm typically invests between $10 million and $300 million in its portfolio companies with sales value of minimum $10 million, and minimum $25 million in case of companies based in Australia. It prefers to invest between $50 million and $200 million in companies based in United States and Australia. It co-invests for larger transactions and prefers to take a seat on the board of directors of its portfolio companies. The firm seeks minority or majority positions.
Technology Crossover Ventures was founded in 1995 and is based in Palo Alto, California with additional offices in London, United Kingdom; and New York, New York.
Areas of expertise
It focuses on financial technology, government services, equipment and communications businesses, semiconductors, payments, mobile, security, storage, datacenter, enterprise software, healthcare IT, IT Infrastructure, Networking, Video, Telematics/ M2M, Consumer Electronics, communications infrastructure ,software-defined networking/network function virtualization; IT tools, Technology Enabled Service Industry, management and automation; content management and delivery; unified communications, e-commerce, wireless technology, computer hardware, and consumer internet sectors.
It seeks to invest in companies based in North America, focusing on the United States and Canada as well as in Europe, Australia, Israel, and select international locations.
