TTV Capital, an Atlanta, GA-based early-stage fintech venture capital firm, has closed its sixth fund, at $250m.
Fund VI includes both new and existing limited partners comprising institutional and strategic investors, as well as family offices.
Led by Gardiner Garrard, and Tom Smith, TTV Capital is one of the first and only early-stage fintech funds focused exclusively investing in companies in the financial services ecosystem.
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. The firm also has an exploratory fund for investments starting at $250,000. To date, TTV Capital counts more than 100 financial technology companies in its portfolio, and seven of those have reached unicorn status.
The firm has led early investments in multiple category-creators, including Bill.com, Shopkeep, Green Dot, SmartAsset, and others, and backed multiple Atlanta-based companies, including Greenlight, Cardlytics, Greenwood, Carputty, Featurespace, and Instant.
FinSMEs
20/03/2023