Thayer Ventures is a venture capital firm focused on technology companies disrupting the travel, hospitality, and transportation industries. Founded in 2009, the firm has deployed over $100 million across multiple funds and in 2024 combined with Derive Ventures to form Thayer Investment Partners (TIP).
41% of their portfolio is in Travel & Hospitality. Deal activity decreased year-over-year (2 deals in the last 12 months vs 6 prior). Average disclosed round size is $32.7M (across 32 rounds with reported amounts).
Portfolio
27
Fund Size
$80M
Top Stage
Series A
Last 12 Mo
2
Team
CH
Chris Hemmeter
Managing Partner
JJ
Jeffery Jackson
General Partner
LP
Lee Pillsbury
Managing Director
CS
Chelsea Salamone
Principal
GD
George Dabney
Managing Principal
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
34 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series B | — | Feb 2026 | |
| Series B | $45M | Nov 2025 | |
| Series D | $80M | Jun 2025 | |
| Seed | $4M | Apr 2025 | |
| Series A | $7M | Jan 2025 | |
| Seed | $5M | Dec 2024 | |
| Series B | $30M | Nov 2024 | |
| Series B | $19M | Nov 2024 | |
| Series B | $15M | Sep 2024 | |
| Series C | $50M | Jun 2024 | |
| Series A | $12M | Feb 2024 | |
| Series A | $10M | Sep 2023 | |
| Series B | $25M | Jan 2023 | |
| Series C | $185M | Dec 2022 | |
| Seed | $5.3M | Nov 2022 | |
| Series C | $50M | Nov 2022 | |
| Series B | $30M | Oct 2022 | |
| BBooster Fuels | Unknown | $125M | May 2022 |
| Series A | $10M | Mar 2022 | |
| Series A | $15M | Feb 2022 | |
| Series C | $60M | Dec 2021 | |
| Series A | $8M | Apr 2021 | |
| SSnapcommerce | Growth | $85M | Mar 2021 |
| Seed | $5M | Jul 2020 | |
| Series B | $45M | Sep 2019 |
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Top Co-Investors
F-Prime Capital6 shared
Y Combinator4 shared
CommerzVentures4 shared
Verve Ventures4 shared
Insight Partners3 shared
henQ3 shared
Notion Capital3 shared
Inovia Capital3 shared
Lightspeed Venture Partners3 shared
Plug and Play Tech Center3 shared
Battery Ventures2 shared
Kinnevik2 shared
Tiger Global Management, LLC2 shared
Activant Capital2 shared
Samsung Next2 shared
Keen Venture Partners2 shared
Alpana Ventures2 shared
RiverPark Ventures2 shared
Parkway Venture Capital2 shared
FJ Labs2 shared
Last updated: 9 September 2026
