Announcing $210m of new funds raised by TLVP
Four and a half years after raising our first fund, and two years after raising our second fund, we are happy to announce that we have raised our third fund, TLV Partners III. Our third fund is the same size, $150m, as our second fund, and we are setting out to continue our strategy from the previous two funds: backing visionary Israeli entrepreneurs at the Seed and Series A stages.
In addition to TLV Partners III, we are also announcing a $60m opportunity fund — TLV Opportunity I. This fund, which is dedicated solely to our portfolio companies, will enable us to support our founders deeper into their journey thus cementing us as long-term partners from the outset.
Today TLV Partners manages $490M across all our funds.
As always, our thanks go out first and foremost to our founders. We are lucky to have backed 30 companies and over 70 incredible founders, who are and will remain our number one priority. Secondly, we thank our wonderful Limited Partners whose continued support is both humbling and inspiring.
Here’s to 2020 and beyond!