TTV Capital Research
Investment Thesis
TTV Capital is one of the longest-running venture capital firms investing exclusively in early-stage fintech. Founded in 2000 and headquartered in Atlanta, GA, the firm has spent over two decades backing founders building the infrastructure and applications that shape the financial future. TTV's thesis centers on three overlapping areas: core financial technologies (payments, banking software, cybersecurity, risk management, compliance, regtech, financial wellness, insuretech, and the CFO stack), fintech applications extended into other industries (fintech as an embedded enablement layer), and companies using emerging technology, including AI, to revolutionize financial services.
Stage Focus
TTV invests primarily at pre-seed through Series A, favoring the earliest institutional rounds where a technical or domain-expert founding team is tackling a large, underserved fintech opportunity. Recent deals span pre-seed (Anchorbase) through seed (Hamilton AI, OneAM) and larger seed/early Series A rounds (Badge, Coverbase).
Check Size
TTV's typical initial check size is $2 million to $7 million, with reserves for meaningful follow-on participation in later rounds of its strongest portfolio companies.
Lead Tendency
TTV frequently leads or co-leads the rounds it enters. It led Hamilton AI's $7.5M seed round (March 2026) and OneAM's $4.7M seed round (October 2025), among others, and is a named lead investor in company-side and press announcements across its recent deal flow.
Recent Activity
TTV is actively deploying, with new investments and follow-ons announced monthly through mid-2026: a $5M round for Cashboard (AI FP&A tools, July 2026), a $2M pre-seed for Anchorbase (June 2026), the $7.5M seed for Hamilton AI (embedded payments in private aviation, March 2026), a $17M round for Badge (digital wallets, February 2026), a $16M round for Coverbase (AI-powered procurement, November 2025), the $4.7M seed it led for OneAM (earned-wage access, October 2025), and a $15M round for Streetbeat (AI agent for financial advisers, October 2025). The firm's newest fund, Fund VII, is currently active and has already backed Anchorbase, Manif, and Quantizr.
Portfolio Highlights
Over two decades TTV has built one of the deepest fintech portfolios in the Southeast and beyond, spanning roughly 80 active and exited companies. Notable outcomes include Green Dot (unicorn, Fund I), Bill.com (IPO), Cardlytics (IPO), MX (major exit), Bridge (acquired by Stripe; unicorn), Flossy (IPO/unicorn), Instant Financial (unicorn), Morty/Onward (unicorn), SimpleClosure (unicorn), and Sunbound (unicorn). Current portfolio standouts include SmartAsset, Greenlight, SamCart, TaxBit, Turbine, Trustly, Mattermost, and BitPay.
Team
- Gardiner Garrard — Co-Founder and Managing Partner; an early investor in Green Dot, Bill.com, and other flagship outcomes
- Tom Smith — Co-Founder and Strategic Advisor
- Sean Banks — Partner, oversees legal, regulatory, and financial operations alongside portfolio and board work
- Mary Dressler — Partner and CFO, oversees the firm's financial operations
- Lizzie Hartley — Partner, focuses on sourcing and deal flow
- Neil Kapur — Partner, focuses on sourcing and deal flow
- Laney Lewis — Partner, oversees investor relations, marketing, communications, and platform
- Lynne Laube — Operating Partner, brings decades of experience building and scaling businesses
- Mark Johnson — Strategic Advisor, a fintech founder and executive supporting the portfolio
Decision Process
TTV operates as a partnership with multiple partners actively sourcing and sitting on boards (Sean Banks, Lizzie Hartley, Neil Kapur), rather than a solo-GP model.
Founder Preferences
TTV backs hard-working, visionary founders creating new categories that solve unmet market needs in financial services, explicitly favoring long-term partnership ('we lift, not lean') over transactional capital relationships.
Geographic Focus
Primarily North America, with an Atlanta home base and a portfolio concentrated in the US, plus selective investments in Canada (KOHO) and South Africa (Carry1st).