
TL Ventures is a venture capital firm founded in 1988 and based in Wayne, Pennsylvania. With over $1.5 billion under management, it has invested in over 200 early-stage technology companies across software, information technology, biotechnology, and communications sectors.
They made 4 investments in the last 12 months. Average disclosed round size is $22.9M (across 41 rounds with reported amounts).
Portfolio
39
Fund Size
—
Top Stage
Unknown
Last 12 Mo
2
Team
MD
Mark DeNino
Managing Partner
GJ
Gary J Anderson
Managing Director
ST
Stanley Tims
managing director
RR
Robert Repass
partner
AG
Adam Green
principal
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
44 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series A | $100M | Nov 2025 | |
| Series C | $25M | Oct 2025 | |
| Seed | $12M | Jul 2025 | |
| Series A | $12.5M | Jul 2025 | |
| Seed | $8M | May 2024 | |
| Series B | $35M | Aug 2022 | |
| Series A | $8.3M | Nov 2018 | |
| AApex Trading | Unknown | — | May 2018 |
| DDonuts, Inc. | Series A | — | Jun 2012 |
| CCelator | Series D | $20M | Sep 2010 |
| IIkanos | Series E | $15M | Jan 2009 |
| Series C | $22.5M | Jul 2008 | |
| CCelator Pharmaceuticals Inc. | Series C | $22.5M | Jul 2008 |
| CCorrectnet | Unknown | $1.3M | Jan 2008 |
| QQuatRx | Series E | $44M | May 2007 |
| QQuatRx Pharmaceuticals | Series E | $44M | Jan 2007 |
| CCircadiant | Unknown | $2.6M | Jan 2006 |
| AAtrenta | Series C | $11M | Jun 2004 |
| Series A | $22M | May 2004 | |
| CCombinatorx | Unknown | $30M | Mar 2004 |
| BBaypackets | Unknown | $21.7M | Jan 2003 |
| VVieo | Unknown | $15M | Jan 2003 |
| Unknown | $15M | Jun 2001 | |
| EeRealty | Unknown | $15M | Jan 2001 |
| CCircadiant | Unknown | $10M | Jan 2001 |
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Top Co-Investors
Domain Associates5 shared
Hercules Capital, Inc.4 shared
NewSpring4 shared
Canaan Partners4 shared
Tau Ventures3 shared
Venrock3 shared
BDC Capital3 shared
HealthCap3 shared
Redpoint Ventures3 shared
InterWest Partners2 shared
T. Rowe Price2 shared
MPM Capital2 shared
Frazier Healthcare Partners2 shared
Investcorp2 shared
Intel Capital2 shared
West2 shared
TCA Venture Group1 shared
Sand Hill Angels1 shared
Qualcomm Ventures1 shared
Vintage Investment Partners1 shared
Last updated: 9 September 2026