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September 16, 2024

Skift: Thayer Ventures and Derive Ventures Form New Travel Tech Investment Platform

Thayer Ventures and Derive Ventures have tied up to create Thayer Investment Partners, an investment platform aimed at driving innovation in travel technology, Skift learned on Monday. Why it matters: No other traditional U.S.-based venture capital firm has invested more capital in travel startups over the past decade than Thayer Ventures. The quasi-merger comes as the travel industry grapples with emerging opportunities in AI and the adoption of cloud-native technologies.

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September 16, 2024

Thayer Ventures and Derive Ventures Announce the Formation of Thayer Investment Partners

Thayer Ventures and Derive Ventures Announce the Formation of Thayer Investment Partners

Thayer Ventures, the leading venture capital firm focused on technology innovation in travel and hospitality, and Derive Ventures, the most active early-stage investment firm dedicated to travel and hospitality, announced the formation of Thayer Investment Partners (TIP). The new platform will leverage the experience of both firm’s founding members to drive value for industry partners and invest in a new generation of innovative start-up companies.

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