![]() ![]() Getting two or three more to join on to a syndication and say yes in the 60 day period TTV gave us was just impossible. It was hard enough to get one VC to say yes - a six month process. Well, that might suit them but it was hell on us. This helps them confirm their funding decision through the decisions of institutional investor colleagues. The onus of syndicating falls on the company, not on them. I've since learned that this is common practice amount smaller VCs. Now that I understand what happened here, I can tell you that what they really issued to us a "hunting licenses," not a term sheet. But was it? TTV promised to fund only a small part of their own term sheet. And our many interactions with them bore fruit. TTV Capital is also one of the largest – and longest-running – venture firms in Atlanta, and has backed multiple successful Atlanta-based companies, including Greenlight, Cardlytics, Greenwood, Carputty, Featurespace, and Instant.I can't say enough good things about TTV's team. The firm has led early investments in multiple category-creators, including, Shopkeep, Green Dot, SmartAsset, and others. TTV Capital is one of the first and only early-stage fintech funds focused exclusively investing in companies in the financial services ecosystem. Latest Fintech News: QualTek Secures New Money Financing We believe our fintech expertise and years of experience in venture capital are the reasons why we’ve been able to drive strong returns for our limited partners amid different economic cycles.” “It’s a privilege to do what we do, and we’re especially proud of the reputation that we’ve built as a founder-friendly firm. “Founders often tell us that our relationships, connections, and deep industry knowledge are most helpful to them as they grow their businesses,” said Sean Banks, Partner at TTV Capital. To date, TTV Capital counts more than 100 financial technology companies in its portfolio, and seven of those have reached unicorn status. The firm also has an exploratory fund for investments starting at $250,000. In 2022 alone, TTV Capital made 18 investments in early-stage fintech companies across payments, banking, investing, cybersecurity, Web3, and embedded finance, with an average initial check size of $2 million to $7 million. Latest Fintech News: Signum Digital Obtained the Approval-In-Principle from the SFC on the First Security Token Offering and Subscription Platform in Hong Kong And now, as we look ahead, we’re still committed to finding the next class of enduring businesses that will shape the future of finance.” ![]() We saw the digital transformation that was happening and we knew we wanted to be part of it. Back then, we didn’t call it ‘fintech’ – we just started investing in applications that were being built on the internet. “Twenty-three years ago, we took an early bet on how the technology behind financial services would evolve. “Fund VI represents an inflection point for all of us at TTV Capital,” said Gardiner Garrard, Co-Founder and Managing Partner at TTV Capital. Fund VI includes both new and existing limited partners comprising institutional and strategic investors, as well as family offices. ![]() The fundraise, which originally targeted $150 million, saw overwhelming interest and was oversubscribed by $100 million. TTV Capital, an early-stage fintech venture capital firm, announced that it has closed its sixth fund at $250 million, the largest since the firm was founded over two decades ago. Largest fund in the firm’s twenty-three year history will include core and exploratory investments in payments, banking, embedded finance, and more ![]()
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