TTV Capital Wraps Up Fourth Fund at $93M

3/16/17

ATLANTA–(BUSINESS WIRE)–TTV Capital is pleased to announce the final close of TTV Fund IV at $93 million, well over two times the size of Fund III. TTV added several new limited partners, including a sovereign wealth fund, endowments, foundations, family offices, Invest Georgia, and strategic investors.

“The TTV team is thrilled to have Fund IV fund raising wrapped up so we can focus all of our attention on building out the rest of the portfolio and helping all of our companies achieve notable revenue growth and scale,” said Gardiner Garrard, co-founder and a Managing Partner of TTV.

To date the Fund has invested in early stage rounds of six fintech companies – Apruve, Blooom, DefenseStorm, Featurespace, Gro, and SmartAsset. All of the companies are capitalizing on one or more themes for TTV – democratizing enterprise functionality, leveraging modern technology infrastructure, modernizing an existing industry, and/or creating a hybrid solution at the intersection of different industries. All of the companies provide either a SaaS solution to underserved markets, or an enterprise solution, and all of the companies have revenue and customers.

“Right now the deal flow we are seeing is extraordinary. Because of our team’s experience we can quickly sort through what’s been tried over the past 17 years and has not worked, said Sean Banks, Partner of TTV. “This allows us to efficiently focus on what we believe are the most compelling and lucrative opportunities.”

About TTV Capital

TTV invests in fintech businesses that serve the widely varying needs of the financial services sector and the consumers of financial products. Our team of experienced technology and financial services professionals has more than 100 years of venture capital and highly relevant industry operating expertise acquired across three decades and multiple economic cycles. We create value for entrepreneurs and investors by using our knowledge, experience and relationships to help businesses grow and succeed.

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