Thayer Ventures

Institutional venture firmSEC venture capital fund adviserTHAYERVENTURES.COM

Thayer Investment Partners is a strategic venture capital firm investing in the entrepreneurs shaping the global travel industry. Pioneers in travel technology since 2008.

In the firm's own words, from its website.

Reported fund assets
$165M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
2
Latest vintage
2022
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

8 additional investments, funds and LPs, 7 events, 2 verified contacts (2 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Nothing material in the last 180 days. Last change: 31 Mar 2026, A team member departed on 31 Mar 2026. 2 departures on record in 12 months.

People to know

View all people

Relationship network

15 connected entities1 observed roundrounds 2022

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Thayer Ventures: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Thayer Ventures

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

1 company on record, 0 new in 12 months

Investments on record

1 company, 1 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Sprocketsportfolio listingunknownunknownunknownunknownSep 27, 2026Fact Company website

Stated thesis versus observed behaviour

2 observed deals
Stated (the firm’s website)
Sectors
ai, fintech, cybersecurity, logistics, media
Stages
series a
Geography
global
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate no observed dealsfollow-on rate 0%new companies, 12 months 0

Team

2 current, 2 departed

Decision makers

who to call first, and why; then everyone else by function
  • Chris R. Hemmeter · Managing Director
    Why this person: Managing director; Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

2 current, 2 departed
2 departed (kept with end dates)

Contacts

2 firm phone

2 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

11 vehicles, 0 LPs disclosed

Funds and vehicles

11 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Thayer Ventures IV, L.P.Fund2022 form d first saleActive deployment$52.8M
Mar 31, 2026
3$30.8MFeb 9, 2023
Thayer Ventures Affiliates Fund IV, LPFeeder or parallel2022 form d first saleActive deployment$7.3M
Mar 31, 2026
2$7.3MFeb 9, 2023
Thayer Ventures III, L.L.P.Fund2018 adv first reportedHarvest$71.0M
Mar 31, 2026
1unknownunknown

Limited partners

0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.

Known LPs and allocators

1 relationship across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Hawaii Employees' Retirement SystemSTATE RETIREMENT SYSTEMThayer Ventures III, L.L.P.$3.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure

Relationships across DFX

3 co-investors · on 1 other DFX graph

Co-investors

3 counted from shared deals, for the whole firm
Across DFX and the capital chainon 1 other DFX graph · 1 capital path Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

Thayer Ventures is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Capital chain

Thayer Ventures sits on 1 traced path of capital across the graphs.

Allocator commitments to a manager

DFX traced 1 path of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

12 dated events, 81 observations from 4 sources

Timeline

12 dated events
  1. Mar 31, 2026
    Jeffery M. Jackson (Managing Director) no longer on Schedule A of Thayer Ventures
    Person leftPeopleInferenceJeffery M. JacksonForm ADV
  2. Mar 31, 2026
    Mark Ewoldt Farrell (Managing Director) no longer on Schedule A of Thayer Ventures
    Person leftPeopleInferenceMark Ewoldt FarrellForm ADV
  3. Nov 5, 2025
    Thayer Ventures filed the first Form D for Thayer Ventures V, L.P. (fund 5), its next fund after Thayer Ventures IV, L.P. (vintage 2022)
    Fund next filedderived signalInferenceThayer Ventures V, L.P.
  4. Mar 31, 2023
    Thayer Ventures IV, L.P. first reported on Form ADV by Thayer Ventures (Venture Capital Fund), GAV $33,944,117
    Fund first reported on Form ADVFundsFactThayer Ventures IV, L.P.Form ADV
  5. Mar 31, 2023
    Thayer Ventures Affiliates Fund IV, LP first reported on Form ADV by Thayer Ventures (Venture Capital Fund), GAV $7,350,000
    Fund first reported on Form ADVFundsFactThayer Ventures Affiliates Fund IV, LPForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 7 private fundsShow
Headquarters
San Francisco, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 31, 2026
Private funds reported
7 (7 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$165Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried2 on recordShow
  1. Sep 15, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $229M across 11 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $229M across 10 vehicles

Evidence

81 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 29, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 29, 2024FactForm ADV
First Form ADV filing2016-10-17Mar 31, 2026FactForm ADV
First Form ADV filing2016-10-17Mar 29, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2024-03-29Mar 29, 2024FactForm ADV
SEC statusERA - ActiveMar 31, 2026FactForm ADV
SEC status effective2016-10-17Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 29, 2024FactForm ADV
Business phoneMar 31, 2026FactForm ADV
Business phoneMar 29, 2024FactForm ADV
DescriptionSep 16, 2026Fact
DescriptionSep 15, 2026Fact
Entity typeLimited PartnershipOct 11, 2019FactForm D
Form D fund typeVenture Capital FundOct 11, 2019FactForm D
Form D industry groupPooled Investment FundOct 11, 2019FactForm D
AmendmenttrueOct 11, 2019FactForm D
Revenue range (Form D)Decline to DiscloseOct 11, 2019FactForm D
HeadquartersSan Francisco, CAMar 31, 2026FactForm ADV
IncorporatedwithinFiveYearsOct 11, 2019FactForm D
JurisdictionDelawareOct 11, 2019FactForm D
Amount sold (Form D)43,367,941Oct 11, 2019FactForm D
Exemptions06b, 3C, 3C.7Oct 11, 2019FactForm D
First sale2017-12-15Oct 11, 2019FactForm D
Indefinite offeringtrueOct 11, 2019FactForm D
Investors (Form D)14Oct 11, 2019FactForm D
Minimum investment (Form D)0Oct 11, 2019FactForm D
Securities offeredpooledOct 11, 2019FactForm D
Office addressMar 31, 2026FactForm ADV
Office addressOct 11, 2019FactForm D
Self-described typeVenture capitalSep 16, 2026Fact
Self-described typeVenture capitalSep 15, 2026Fact
Legal formLimited Liability CompanyMar 31, 2026FactForm ADV
Legal formLimited Liability CompanyMar 29, 2024FactForm ADV
Private funds reported7Mar 31, 2026FactForm ADV
Private funds reported7Mar 31, 2026FactForm ADV
Private funds reported9Mar 29, 2024FactForm ADV
Private fund gross assets (reported)$165MMar 31, 2026FactForm ADV
Private fund gross assets (reported)$165MMar 31, 2026FactForm ADV
Private fund gross assets (reported)$229MMar 29, 2024FactForm ADV
Schedule a diffsadiff-1Mar 31, 2026FactForm ADV
Stated geographyglobal
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyglobal
“geography words on the home page”
Sep 15, 2026Fact
Stated sectorsAI, fintech, cybersecurity, logistics, media
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, fintech, cybersecurity, logistics, media
“sector words on the home page”
Sep 15, 2026Fact
Stated stagesSeries a
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesSeries a
“stage words on the home page”
Sep 15, 2026Fact
Venture funds reported7Mar 31, 2026FactForm ADV
Venture funds reported7Mar 31, 2026FactForm ADV
Venture funds reported9Mar 29, 2024FactForm ADV
WebsiteMar 31, 2026FactForm ADV
WebsiteMar 29, 2024FactForm ADV
Website resolved domainthayer.vcSep 16, 2026Fact
Website resolved domainthayer.vcSep 15, 2026Fact
Website resolved domainthayer.vcSep 14, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 15, 2026Fact
Year of incorporation2017Oct 11, 2019FactForm D
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShow
Importance
33
moderate
Active deployment
0
low
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $229M across 11 vehicles

The inputs behind each score
importance
gav: 0.37 · funds: 0.92 · people: 0.08 · investments: 0.11 · co investors: 0.19
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 11 · reported gav: $165M · first adv filing: 2016-10-17 · years since first filing: 10

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

2 dated events on the change ledger, latest event first
  • Form D filed
    2019-10-11source on record
  • Adviser's first ADV filing
    2016-10-17source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.