Investments
144Portfolio Exits
29Partners & Customers
1About 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.

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CB Insights Intelligence Analysts have mentioned Thomvest Ventures in 5 CB Insights research briefs, most recently on Mar 15, 2022.

Latest Thomvest Ventures News
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.

Thomvest Ventures Investments Activity

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 | |||||
8/9/2022 | Unattributed VC |
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 | ||
Amount | $5M | $15M | $40M | ||
New? | Yes | No | Yes | ||
Co-Investors | Pender Ventures, Thomvest Ventures, and Undisclosed Investors | ||||
Sources | 2 | 2 | 9 |
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 | 2 | |||
11/1/2021 | Acquired | 20 | |||
2/12/2021 | IPO | Public | 2 | ||
Date | 8/18/2022 | 11/1/2021 | 2/12/2021 | ||
---|---|---|---|---|---|
Exit | Acq - Pending | Acquired | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 2 | 20 | 2 |
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 | $75.95M | Acq - Fin | 1 |
Date | 6/6/2013 |
---|---|
Investment Stage | Other Venture Capital |
Companies | |
Valuation | |
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 | LC Advisors , a wholly-owned subsidiary of Lending Club , serves as the General Partner of the Fund . | 1 |
Date | 9/8/2011 |
---|---|
Type | Partner |
Business Partner | |
Country | United States |
News Snippet | LC Advisors , a wholly-owned subsidiary of Lending Club , serves as the General Partner of the Fund . |
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 | |
Name | Peter J. Thomson | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Founder | ||||
Status | Current |
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