By Jake Reynolds, General Partner, and Amol Helekar, Principal at TCV.

Steve Munford, CEO of Trulioo

Digital innovation has transformed how consumers and businesses access a range of online services — from streaming media, booking travel, setting up bank accounts, or financing a car. As more and more high-value services are performed through digital channels, it is increasingly important for businesses to know who is using their platforms. Many fintech applications need identity verification to comply with ‘Know Your Customer’ (KYC) regulations, while online marketplaces need it to maintain trust and safety on their platforms. …


How a low-code SaaS platform helps companies navigate the complexity of first, mid and last-mile logistics, all the while creating better consumer experiences and reducing delivery costs

FarEye Co-founders Gautam Kumar (COO), Gaurav Srivastava (CTO), and Kushal Nahata (CEO)

By Gopi Vaddi, General Partner at TCV

After perusing slick digital shopfronts for hours, checking AI-enabled online catalogs, and paying through seamless single-click checkouts, you may eventually be rewarded with ‘your delivery should arrive in 5–10 working days’ and left to pray that the shiny new gizmo you ordered will arrive in one piece. Sound familiar? For all the innovation and investment across most steps of the online purchasing journey, the actual delivery experience has been largely neglected. Yet, the surge in remote purchasing shows no signs of abating and consumers are demanding faster, better, and cheaper deliveries. …


VANCOUVER, BRITISH COLUMBIA (PRWEB) JUNE 07, 2021

Trulioo, the leader in global identity verification, announced today it has completed a $394M Series D round at a $1.75B valuation. The Series D round was led by TCV, one of the world’s largest growth equity firms, with participation from existing investors Amex Ventures, Citi Ventures, Blumberg Capital and Mouro Capital. TCV General Partner, Jake Reynolds, and Principal Amol Helekar will join Trulioo’s Board of Directors.

Trulioo is the premier global identity network enabling companies to reliably onboard customers in a digital-first world. For Trulioo’s customers, this speeds international expansion, mitigates fraud risk…


New funding will accelerate innovation and global expansion for leading logistics management SaaS platform.

LONDON, May 25, 2021 /PRNewswire/ — FarEye, a leading end-to-end, global delivery management platform, has announced a USD 100 million Series E round led by TCV and Dragoneer Investment Group. Existing investors Eight Roads Ventures, Fundamentum and Honeywell also participated in the round. The funds will be used to accelerate the company’s mission of empowering brands to provide Amazon Prime-like delivery experiences and redefining how products are delivered across diverse logistics networks. FarEye will further focus on expanding its software platform capabilities, drive European and North American expansion, and continue to attract world-class talent. …


John Markus Lervik, CEO of Cognite

By Jake Reynolds, General Partner at TCV

Everyone talks about the transformative power of big data, often in relation to consumer insights. Yet there is a river of information flowing just as powerfully out of industrial facilities around the world — information that could be harnessed to make our planet more sustainable, industries more efficient, and jobs safer.

Industrial companies are waking up to the power of that information, and today we’re excited to announce an investment in Cognite, a global industrial Software-as-a-Service (SaaS) leader, whose mission is to digitalize heavy-asset industries and unlock the power of their operational data.

The Industrial Leaders’ Choice


  • $900M Series C investment led by Sequoia as well as TCV and Thrive Capital
  • With a valuation of over $5B Trade Republic is one of the most valuable private FinTechs in Europe
  • Within 24 months, Trade Republic has reached more than one million customers in Germany, France and Austria
  • Over €6B in client assets make Trade Republic one of the largest savings platforms in the market

May 20, 2021 — BERLIN-( BUSINESS WIRE)- Trade Republic, Europe’s leading NeoBroker, today announces a $900M Series C investment led by Sequoia with participation from new investors TCV and Thrive Capital as well as…


Venture dealmaking is having a moment. According to PitchBook data, more than $460 billion was invested into private startups as of February 2021, an almost 40% increase on the previous peak in 2018. In this founders’ market, marketing and communications pros in VC are working hard to differentiate their firms and create opportunities for meaningful engagement with the startup community. This is something that Katja Gagen, head of marketing at TCV, a growth equity firm whose flagship investments include Airbnb, Peloton, Netflix and Spotify, knows a thing or two about.

After partnering with Katja to announce TCV’s new $4 billion…


How AxiomSL found growth in the global financial crisis — and hyper-growth in partnership with TCV.

From left to right: Alexander Tsigutkin and Vladimir Etkin

The financial crisis of 2008 came as a resounding shock for countless companies, including many in the financial industry itself. But not for AxiomSL, a leading provider of cloud-enabled software for governance, risk, and compliance (GRC) regulatory reporting solutions to the financial services industry.

AxiomSL was founded by Alex Tsigutkin and Vladimir Etkin in 1991. As data management experts they had seen disorganized, unintegrated GRC processes even in highly regarded financial firms. “Everywhere I went, it was the same. The data was all over the place, in different systems and different departments,” explains Tsigutkin, CEO of AxiomSL. “We saw a…


Amsterdam, March 30, 2021 — Hotmart Company, a leading global cloud-based platform that empowers creators to build, run, manage, and grow their digital businesses, announced today that it has raised US$130 million in a Series C funding round led by TCV. Alkeon Capital also participated in the round. Valuation has not been disclosed, but Hotmart continues to build on its previously secured unicorn status. The proceeds from this round will be used for growth initiatives including product innovation and international expansion, both organically and through mergers and acquisitions.

This financing comes as Hotmart continues to experience significant growth and advances…


MENLO PARK, CA, January 27, 2021 — We are excited to announce the closing of TCV XI, our largest fund to date at $4 billion. With the new fund, we strive to accelerate TCV’s strong momentum and capture the vast opportunities presented by digital transformation and rapid technology adoption. This will continue our long history of partnering with exceptional founders and CEOs to build iconic technology franchises redefining their industries.

TCV turned 25 in 2020. Since 1995, we have invested more than $14 billion in over 350 growth stage technology companies. …

TCV

TCV backs growth-stage private & public tech companies. For a complete list of TCV investments, visit: www.tcv.com/portfolio-list.

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