Atlanta’s TTV Capital raises $93 million fintech venture fund

 

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ATLANTA, GA– March 15, 2017– Atlanta-based TTV Capital has raised a $93 million fund — the largest of four funds the venture firm has raised in its 17-year history.

According to the Atlanta Business Chronicle, TTV’s Fund IV will be invested in about 16 companies over a five-year period. The average initial investment in each deal will be $3 million, with an additional $2 million-to-$3 million reserved for follow-on rounds.

Founded in 2000, TTV Capital is one of the few venture firms focused exclusively on investing in technology-enabled financial services companies.

Read more at: http://www.bizjournals.com/atlanta/news/2017/03/15/atlanta-s-ttv-capital-raises-93-million-fintech.html

 

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