New York Roots.
Independent Conviction.
About TVP
New York is our home and our primary market. Its concentration of customers, talent and industry knowledge helps us find businesses early, understand what their customers need and support them as they scale. We also invest selectively in other U.S. markets where our experience and relationships can make a difference.
Investment
Philosophy
Successful early-stage venture investing starts with big ideas that can create outsized outcomes. We partner with founders who want to put a dent in the universe, and we invest only when we believe a company has the potential to return our entire fund or more. Those opportunities are rare, which is why we invest in only a handful of companies each year. That focus allows us to dedicate meaningful time, energy and resources to every founder we back.
Our approach to AI follows the same philosophy. We began investing in AI in 2015, followed by our Series A investment in AlphaSense in 2016. We look beyond model capability to the advantages that make a company more valuable as underlying models improve or change: unique context, authorized data access, learning from use, trusted customer relationships, distribution and responsibility for important outcomes.
We think about AI in three layers. Intelligence supplies models and compute. Orchestration connects tools and routes work. Coordination brings industry context, permissions and decision-making into the workflow. We believe this coordination layer offers some of the most enduring opportunities because the strongest companies become increasingly embedded in how their customers operate and make decisions.
Ultimately, we underwrite every company on its own merits. We are looking for exceptional founders building businesses with the potential to become category-defining companies—and we concentrate our investments so we can help make that outcome as large as possible.
Why We’re Different
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Deeply Connected to New York
We’ve built our firm around New York’s founders, operators and industry leaders. Those relationships help us find opportunities, understand customers and make useful introductions. Our local focus connects directly to the industries being reshaped by AI, including finance, healthcare, legal services, commerce and real estate. -
Selective by Design
We aim to back four to six new companies each year. That pace gives us time to develop conviction and stay involved. Founders work directly with our partners on hiring, customer access, company strategy and financing—from the first investment through the decisions that come with scale. -
Direct, Honest Partnership
We share what we think, explain our reasoning and change our minds when the facts change. We want founders to bring us difficult questions early. Clear conversations help teams make better decisions, especially when the answer is uncertain. -
Experience Across the Company Journey
Our team brings experience building companies, leading early investments and investing through growth, restructurings and exits. We combine that perspective with one coordinated investment approach, so our support can evolve with the company.
Investment
Criteria
Stage
Early stage through growth. We lead or co-lead early investments and selectively back growth-stage businesses. We look for evidence of a real customer need and a team that can turn that insight into a durable company. We can also consider secondary and special-situation investments where we have a clear view of the business and an appropriate structure.
Sector
Technology companies reshaping how industries operate. We invest across enterprise software, AI, fintech, healthcare, commerce, logistics and other markets where founders can build meaningful customer value and lasting advantages. In AI, we are particularly interested in businesses with deep industry context and a trusted role in important workflows.
Geography
Traditionally New York and primarily the U.S. We work best where our industry knowledge, relationships and proximity can help founders make progress.
Investment Size
We tailor our investment to the company’s stage, financing needs and opportunity. We lead or co-lead early rounds and invest selectively at growth, with capacity to support companies as they scale.