About Tugboat Ventures
Tugboat Ventures is a venture capital firm founded in 2003. It is primarily based out of Palo Alto, United States. As of Jun 2018, Tugboat Ventures has invested in 42 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Retail and Consumer. Most recently it led the $14M Series B round of CoverHound along with American Family Ventures. This round also saw participation from Bullpen Capital and other investors.
Overall, Tugboat Ventures portfolio has seen 3 IPOs and 16 acquisitions including key companies like Google, Peloton and Amazon. A lot of funds co-invest with Tugboat Ventures, with names like Greylock sharing a substantial percentage of its portfolio.
Tugboat Ventures has team of 2 people including 1 partners.
Tugboat Ventures' Year-on-Year Investment Trends
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Tugboat Ventures' Investments by Stage
Tugboat Ventures has made 11 investments in Seed stage with an average round size of $1.57M, 9 investments in Series A stage with an average round size of $6.09M, 2 investments in Series B stage with an average round size of $9.1M and 1 investment in Series D stage with an average round size of $40M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Seed | 11 |
Series A | 9 |
Series B | 2 |
Series D | 1 |
Tugboat Ventures' Investments by Sector
Tugboat Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Vertical SaaS and High Tech. Notably, it has invested in 37 Tech companies, 22 Consumer (B2C) companies, 17 Enterprise (B2B) companies and at least 8 companies focusing on Software.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Enterprise Applications | 10 |
Consumer | 8 |
FinTech | 5 |
Vertical SaaS | 4 |
High Tech | 3 |
Others | 15 |
Tugboat Ventures' Investments by Geography
Tugboat Ventures has made most investments in United States (36), followed by France where it has made 1 investment.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
United States | 22 |
France | 1 |
Switzerland | 1 |
Tugboat Ventures' recent investments
Here are the most recent investments by Tugboat Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 29, 2018 | United States | Series C | $40M | [+7] | |
Sep 22, 2017 | Switzerland | Seed | $1.5M | ||
Sep 25, 2016 | United States | Series D | Undisclosed | ||
Jun 23, 2016 | United States | Series A | $6M | Idinvest Partners [+1] | |
Mar 09, 2015 | United States | Series B | $14M | [+5] |
Get the detailed list of all investments by Tugboat Ventures. Download now!IPOs and Publicly Listed companies in Tugboat Ventures' Portfolio
Here are Tugboat Ventures' portfolio companies that went public:
Acquired companies in Tugboat Ventures' Portfolio
Here are Tugboat Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 26, 2024 | Dec 16, 2009 | Series A | $7.35M | |
Jan 24, 2023 | Dec 01, 2012 | Series A | $4.5M | |
Aug 09, 2022 | - | - | - | |
Oct 14, 2021 | - | - | - | |
May 14, 2021 | Feb 04, 2011 | Seed | $1M |
Team profile of Tugboat Ventures
Tugboat Ventures has a team of 2 membersÌýincluding 1 Partner and 1 PrincipalÌýlocated in United States. Tugboat Ventures' team does not sit on the board of any company as of now.Co-investors of Tugboat Ventures
Over the past 22 years, 107 investors have co-invested in Tugboat Ventures's portfolio companies.
- Invested before Tugboat Ventures:ÌýInterWest Partners, Venrock and 9 others have invested in rounds before Tugboat Ventures. There are 1 company where InterWest Partners has invested before Tugboat Ventures and 1 company where Venrock has invested before Tugboat Ventures.
- Top Co-investors of Tugboat Ventures:Ìý37 investors entered a company along with Tugboat Ventures. These include investors like Greylock (5 companies).
- Invested after Tugboat Ventures:ÌýA total of 59 investors have invested in Tugboat Ventures's portfolio after their investments. Top Investors include GGV Capital (1 company), Cardinal Venture Capital (1 company) and Emergence Capital (1 company).
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Recent News related to Tugboat Ventures
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FinSMEs•Sep 25, 2017•Apiax, Diventures, Swiss ICT Investor Club, Zurcher Kantonalbank and 1 other
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FinSMEs•Nov 19, 2013•Aria, Bain Capital Ventures, InterWest Partners, Tugboat Ventures and 3 others
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