Venture capital fund · 2 deals
Every published round Technology Crossover Ventures took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Technology Crossover Ventures has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Employment Hero | Another Australian company backed by TCV | 19 Oct 2023, Series D+ | 1 | 1 |
| Neara | Critical infrastructure digital twin modelling company | 11 Feb 2026, Series D+ | 1 | 1 |
Fund closes reported for Technology Crossover Ventures, as distinct from the investments it has made.
Companies Technology Crossover Ventures has backed that another company then bought. An exit for the holding, not a deal Technology Crossover Ventures did.
Stories naming Technology Crossover Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Employment Hero acquires Canada's Humi for $112m and, filings show, paid $43.4m for Ben Thompson's Employment Innovations; the story also recalls its 2023 Series F and investor clash.
A year-end SmartCompany roundup counting down 2023's ten largest Australian startup raises, headed by Employment Hero's $263m Series F, with investor details and commentary on fewer mega-rounds and continued under-representation of women co-founders.
OneVentures realised $116.2 million selling its Employment Hero stake in a secondary deal, and its managing director Michelle Deaker is leaving the HR platform's chair role while staying on the board.
Roundup of eight Australian startup raises totalling $433m, topped by Employment Hero's $263m Series F and Skykraft's $120m round; Darwinium, Konvoy Kegs, The Martec and three Birchal crowdfunds complete the week.
Also AgFunderNews
Employment Hero raised a $263 million Series F led by TCV, reaching a $2 billion valuation, with existing backers reinvesting; Skykraft announced a $120 million raise.
Also employmenthero.com