TVC Capital is a San Diego-based venture capital firm focused on B2B software, especially capital-efficient, mission-critical companies with $3 million-plus in ARR. It invests in later-stage VC, growth equity, recapitalizations and buyouts, with typical investment sizes of $8M-$25M, and has also participated in early-stage syndicate rounds. The firm primarily targets U.S. companies, with additional U.K. activity, and is relevant for enterprise software, SaaS, cloud, cybersecurity, data, analytics, fintech and healthtech founders.