TCV

TCV, or Technology Crossover Ventures, is a Menlo Park-based growth equity venture capital firm founded in 1995, specialising in late-stage and growth equity investments in technology companies with initial checks from $20 million to $150 million. Netflix, the global streaming entertainment company, was a TCV investment from 1999. Facebook was backed by TCV in 2009 through a $200 million secondary investment. Spotify, the Swedish music streaming platform, was a TCV growth investment. Airbnb was a TCV portfolio company. Beyond its original investments in Netflix, Facebook, Spotify, and Airbnb, the TCV portfolio includes LinkedIn, Expedia, Zillow, Peloton, Klarna, Nubank, and dozens of additional global technology companies.