ATLANTA– January 7, 2016– Invest Georgia, the state’s endeavor into venture capital, announced earlier this week that it has chosen a fund operated by Atlanta-based TTV Capital as its first investment, which will go to investing in young financial technology firms. The $3 million commitment is nearly one-third of Invest Georgia’s initial allotment of $10 million.
The investment in TTV Capital would be the first by the Invest Georgia program which was launched in 2013 to eventually pump $100 million in state funding to boost investment in Georgia-based growth and early-stage companies.
Founded in 2000, TTV Capital is one of the few venture firms focused exclusively on investing in technology-enabled financial services companies.
About TTV Capital
TTV Capital invests in technology-enabled financial services businesses with disruptive technologies, software-as-a-service solutions or cloud applications that have scalable business models and exceptional growth opportunities. TTV Capital’s team of experienced technology and financial services professionals has more than 100 years of venture capital and highly relevant industry operating expertise acquired across three decades and multiple economic cycles. To learn more, visit www.ttvcapital.com