Thayer Ventures
Emerging managerSEC exempt reporting adviser (venture capital exemption).
- HQ
- CA
Thayer Investment Partners is a strategic venture capital firm that helps entrepreneurs navigate the travel world. Its managing partners include Chris Hemmeter, Tyler Carrico, and Mike Scott. Its portfolio includes companies such as Relay, BoomPop, TravelX, Super, ResortPass, and Slang AI.
New fund likely raising soon
The firm's newest fund is 4 to 7 years past its first sale and no newer Form D has been filed.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Not stated | Growth | Series A, Series B, Growth |
| Sectors | Not stated | AI applications, Enterprise SaaS | Consumer, Enterprise SaaS, Media, HR and future of work |
| Regions | Global | Not enough dated deals | CA, NY, TX |
Says: what the firm's funds state. Does: from 5 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2012 | 3 | Consumer, Enterprise SaaS, Media |
| 2013 | 6 | Consumer, Data analytics, Devtools |
| 2014 | 5 | Consumer, Enterprise SaaS, Ecommerce |
| 2015 | 3 | Consumer, Ecommerce, Enterprise SaaS |
| 2016 | 4 | Consumer, Data analytics, Devtools |
| 2017 | 2 | Consumer, Enterprise SaaS, HR and future of work |
| 2018 | 4 | Enterprise SaaS, Consumer, Construction and proptech |
| 2019 | 5 | Consumer, Enterprise SaaS, Aerospace and defense |
| 2020 | 1 | Consumer |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2012 | 0 | 1 | 1 | 0 | 1 |
| 2013 | 0 | 1 | 2 | 2 | 1 |
| 2014 | 0 | 1 | 4 | 0 | 0 |
| 2015 | 0 | 0 | 1 | 2 | 0 |
| 2016 | 0 | 0 | 2 | 2 | 0 |
| 2017 | 0 | 0 | 1 | 0 | 0 |
| 2018 | 0 | 0 | 3 | 0 | 1 |
| 2019 | 0 | 0 | 2 | 2 | 1 |
| 2020 | 0 | 0 | 0 | 1 | 0 |
| 2021 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 0 | 0 |
| 2026 | 0 | 0 | 0 | 0 | 0 |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| THAYER VENTURES IV, L.P. Thayer Ventures invests in travel technology startups, helping entrepreneurs navigate the complex travel industry as a strategic co-pilot. It has invested in over 100 companies and drives sales, strategy and partnerships for its portfolio. Inferred from the firm's website | 2022 | $30.81M to $52.75M (Form D and SEC adviser filing) | Late investment period |
03 · People across funds
- GENERAL PARTNER THAYER VENTURES GP IV, L.L.C., GENERAL PARTNER OF THE ISSUER
THAYER VENTURES IV, L.P. (Named on Form D)
- MARK FARRELL, MANAGING MEMBER OF THE GENERAL PARTNER OF THE ISSUER
THAYER VENTURES IV, L.P. (Named on Form D)
- Chris Hemmeter, Managing Partner
THAYER VENTURES IV, L.P. (Team)
- David Brem, Senior Associate
THAYER VENTURES IV, L.P. (Team)
- Mike Scott, Managing Partner
THAYER VENTURES IV, L.P. (Team)
- Tyler Carrico, Managing Partner
THAYER VENTURES IV, L.P. (Team)
04 · Recent deals
05 · Latest from the firm
- InvestmentRelay Raises $36M to Scale AI-Powered Frontline OperationsSep 30, 2026
- InvestmentTravelX Raises Series A to Scale Post-Booking Revenue ManagementAug 19, 2026
- InvestmentMarginEdge Raises $80M Series D to Scale AI-Native Restaurant OperationsAug 11, 2026
- InvestmentSuper Closes $65M Series D at $1.2B ValuationJul 7, 2026
- InvestmentJetStream Launches with $34M Seed to Bring Governance to Enterprise AIMar 3, 2026
06 · Sources
- HTTPS://WWW.THAYERVENTURES.COM
- https://thayer.vc/news
- https://thayer.vc/about
- https://thayer.vc/
- https://thayer.vc/news/marginedge-80m-series-d
- https://thayer.vc/news/jetstream-34m-seed
- https://thayer.vc/news/super-65m-series-d
- https://thayer.vc/news/relay-36m-funding
- https://thayer.vc/news/travelx-series-a
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026