Search company, investor...

Predict your next investment

Venture Capital
thomvest.com

Investments

144

Portfolio Exits

29

Partners & Customers

1

About Thomvest Ventures

Thomvest Ventures is a $250mm early to growth stage venture fund focused on investing in advertising technology, financial technology, SaaS, and security. Most of the startups we invest in are on the West Coast, primarily in Silicon Valley.

Headquarters Location

203 Redwood Shores Parkway Suite 680

Redwood City, California, 94065,

United States

650-965-4700

Want to inform investors similar to Thomvest Ventures about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Latest Thomvest Ventures News

Traction Complete secures growth financing after recent spin-out from Salesforce-acquired consulting firm Traction on Demand

Jan 24, 2023

News provided by Share this article Share this article PORT MOODY, BC, Jan. 24, 2023 /PRNewswire/ -  Traction Complete , the leader in revenue operations apps native to Salesforce, today announced the closing of its first substantial funding. Following the spin-out from Salesforce-acquired Traction on Demand, the company has secured $5 million in growth financing led by Vancouver's Pender Ventures and San-Francisco-based Thomvest Ventures. "Our revenue operations solutions are engineered from over a decade of consulting experience, understanding the complex data challenges of Salesforce users," explains David Nelson, CEO of Traction Complete. The funding will fuel Traction Complete's hiring efforts to meet customer needs as the company has experienced accelerated growth year over year, as well as marketing initiatives to let the world know that our suite of solutions exist. Complete Hierarchies is the first automated account hierarchies solution for Salesforce, built to make sales territory planning more efficient and effective. Complete Leads is a powerful and flexible automated routing, lead assignment, and matching tool. Most recently, the company launched Complete Clean , a data cleansing tool that manages duplicate data. "We believe that data is this incredible instruction set for businesses if done properly", Nelson said. "Revenue Operations teams are trying to make more data-driven decisions and this funding helps us to develop our new solutions; empowering businesses with cleaner data and better visibility into customer relationships, enabling more effective sales planning and territory execution through automation." "We recognize the current economic climate is making it tough for a lot of businesses," said Nelson. "This funding is a great compliment to the team and a testament to the impact our products are having on sales teams." "Traction Complete aligns with our investment thesis of enterprise systems of insight and workforce empowerment," said Maria Pacella, Managing Partner of Pender Ventures. "Traction Complete is automating manual data entry and tracking to provide superior organizational insights for sales professionals in order to drive better processes and revenue growth. We couldn't be more excited to partner with the team on their journey to "rev-up" RevOps and empower sales teams worldwide. "  Since being founded by Traction on Demand's Greg Malpass, the company has enabled high-growth organizations like DocuSign and the LA Dodgers to sell more effectively and scale faster through technology. About Traction Complete Traction Complete creates solutions that help people manage data complexity, effortlessly. Our suite of Salesforce apps automates data cleanup, account hierarchies, matching and routing -- so you don't have to. We're on a mission to empower organizations like Asana, Cisco, and DocuSign to simplify, save time, and scale faster. Learn more at www.tractioncomplete.com . About Pender Ventures Pender Ventures is a thesis-driven venture capital investor focused on B2B software and health tech startups at the inflection point between commercialization and scale. As hands-on, high-conviction investors, Pender Ventures' diverse team leverages decades of experience to add operational and strategic value to its portfolio companies. Learn more at: https://www.penderventures.com/ About Thomvest Ventures Thomvest Ventures is a venture capital fund based in San Francisco. They also invest across Canada via Thomvest Asset Management. They are a stage agnostic fund and their investment per company ranges from $500K to more than $20M. Learn more at: https://thomvest.com/ SOURCE Traction Complete

Thomvest Ventures Investments

144 Investments

Thomvest Ventures has made 144 investments. Their latest investment was in Traction Complete as part of their Series A on December 12, 2022.

CBI Logo

Thomvest Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/1/2022

Series A

Traction Complete

$5M

Yes

Pender Ventures, Thomvest Ventures, and Undisclosed Investors

2

10/18/2022

Series B

Bolster

$15M

No

2

9/7/2022

Series B

Isovalent

$40M

Yes

9

8/23/2022

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

8/9/2022

Unattributed VC

Subscribe to see more

$99M

Subscribe to see more

10

Date

12/1/2022

10/18/2022

9/7/2022

8/23/2022

8/9/2022

Round

Series A

Series B

Series B

Seed VC

Unattributed VC

Company

Traction Complete

Bolster

Isovalent

Subscribe to see more

Subscribe to see more

Amount

$5M

$15M

$40M

$99M

$99M

New?

Yes

No

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Pender Ventures, Thomvest Ventures, and Undisclosed Investors

Sources

2

2

9

10

10

Thomvest Ventures Portfolio Exits

29 Portfolio Exits

Thomvest Ventures has 29 portfolio exits. Their latest portfolio exit was Covalto on August 18, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/18/2022

Acq - Pending

$99M

2

11/1/2021

Acquired

$99M

20

2/12/2021

IPO

$99M

Public

2

8/17/2020

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

6/4/2020

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

8/18/2022

11/1/2021

2/12/2021

8/17/2020

6/4/2020

Exit

Acq - Pending

Acquired

IPO

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Public

Subscribe to see more

Subscribe to see more

Sources

2

20

2

10

10

Thomvest Ventures Acquisitions

1 Acquisition

Thomvest Ventures acquired 1 company. Their latest acquisition was Public Mobile on June 06, 2013.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

6/6/2013

Other Venture Capital

$99M

$75.95M

Acq - Fin

1

Date

6/6/2013

Investment Stage

Other Venture Capital

Companies

Valuation

$99M

Total Funding

$75.95M

Note

Acq - Fin

Sources

1

Thomvest Ventures Partners & Customers

1 Partners and customers

Thomvest Ventures has 1 strategic partners and customers. Thomvest Ventures recently partnered with Lending Club on September 9, 2011.

Date

Type

Business Partner

Country

News Snippet

Sources

9/8/2011

Partner

United States

1

Date

9/8/2011

Type

Partner

Business Partner

Country

United States

News Snippet

Sources

1

Thomvest Ventures Team

6 Team Members

Thomvest Ventures has 6 team members, including , .

Name

Work History

Title

Status

Peter J. Thomson

Founder

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Peter J. Thomson

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Work History

Title

Founder

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.