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).
40% of their portfolio is in Travel & Hospitality. Deal activity decreased year-over-year (2 deals in the last 12 months vs 7 prior). Average disclosed round size is $33.6M (across 43 rounds with reported amounts).
Portfolio
31
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
45 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series B | — | Feb 2026 | |
| Series A | $11.5M | Jan 2026 | |
| Series B | $45M | Nov 2025 | |
| Series D | $80M | Jun 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 A | $15M | Jan 2022 | |
| Series B | $30M | Jan 2022 | |
| Series C | $60M | Dec 2021 |
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Top Co-Investors
F-Prime Capital9 shared
Y Combinator7 shared
Plug and Play Tech Center7 shared
Insight Partners5 shared
CommerzVentures4 shared
henQ4 shared
Notion Capital4 shared
Verve Ventures4 shared
Inovia Capital4 shared
Tiger Global Management, LLC4 shared
Battery Ventures3 shared
Kinnevik3 shared
Trinity Ventures3 shared
Lightspeed Venture Partners3 shared
Fidelity Investments3 shared
Alumni Ventures3 shared
Salesforce Ventures2 shared
Revaia2 shared
Sound Ventures2 shared
Industry Ventures2 shared
Last updated: 7 October 2026
