TCV has launched its 11th flagship fund

Teachers' Retirement System of Louisiana has committed to TCV's latest fund.

  • Fund name: TCV XI
  • Target size: $3.25 billion
  • Stage of fundraising: Fund launch
  • Launch date: June 2020
  • Predecessor fund: TCV X ($3.16 billion)
  • Target number of investors in the fund: 20 to 25

Technology Crossover Ventures has launched TCV XI targeting $3.25 billion. The fund focuses solely on investing in high-growth technology companies particularly in the business-to-business and business-to-consumer sub-segments in Europe and North America.