TLDR:
Thayer Ventures and Derive Ventures have come together to launch Thayer Investment Partners (TIP), a new platform focused on investing in startups in the travel and hospitality industry. The platform will be led by experienced managing partners and is expected to launch a new investment fund soon.
Thayer Ventures, a venture capital firm, and Derive Ventures, an early-stage investment firm, have joined forces to create TIP. The new platform aims to drive value for industry partners and invest in innovative start-up companies in the travel and hospitality sector. Managing partners Chris Hemmeter, Tyler Carrico, and Mike Scott will lead the platform, with Lee Pillsbury continuing his role as Managing Director.
Thayer Ventures, founded in 2009, focuses on early-stage investments in travel and hospitality, while Derive Ventures, launched in 2022, invests in hospitality, experiences, and real estate. The partnership between the two firms under TIP will further expand their reach and support for entrepreneurs shaping the future of travel.
Key elements of the article include:
- Thayer Ventures and Derive Ventures launch Thayer Investment Partners (TIP) to invest in startups in the travel and hospitality industry.
- The platform will be led by experienced managing partners and is expected to launch a new investment fund in the near future.
- Thayer Ventures and Derive Ventures will continue to manage their previous funds under the TIP leadership, enhancing their support for entrepreneurs and industry partners.
