About TMD Ventures
TMD Ventures is a venture capital firm founded in 2015. It is primarily based out of San Francisco, United States. As of May 2025, TMD Ventures has invested in 15 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Series B round of Humanly Overall, TMD Ventures portfolio has seen 7 acquisitions including key companies like minu, Symmetry Systems and Truework. A lot of funds co-invest with TMD Ventures, with names like Tom Gonser sharing a substantial percentage of its portfolio. TMD Ventures has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A & Seed
Portfolio Acquisitions
Portfolio Soonicorns
TMD Ventures' List of Top Investments
TMD Ventures has a portfolio of 15 companies. Their most notable investmentis in HumanlyTheir portfolio spans across United States and Mexico. They have invested in Enterprise Applications, High Tech, FinTech and 5 other sectors, across stages such as Series A, Seed stages. Here is the list of top investments by TMD Ventures:Provider of an IoT platform for smart home and device solutions. The platform supports multiple IoT systems within a unified user experience. It enables the creation or augmentation of connected solutions. The platform strengthens security and privacy while reducing potential risks. It allows for the development of differentiated products with enhancements.
Key facts about Ayla Networks
- Founded Year: 2010
- Location: Milpitas (United States)
- Stage: Series D
- Total Funding till date: $144M
- Employee Count: 151 as on May 31, 2026
- Investors: Cisco Investments, Mitsui and 20 Others
- Latest Funding Round: Series D, Dec 06, 2021, $*****
- Highlight: Editors' Pick
2. minu
Online on demand pay solutions for employees. It allows employees of affiliated companies to withdraw part of their already earned salary. Employees receive the funds in the salary account. It is available to download from google play and the apple store.
Key facts about minu
- Founded Year: 2019
- Location: Miguel Hidalgo (Mexico)
- Stage: Acquired
- Total Funding till date: $58M
- Employee Count: 155 as on May 31, 2026
- Investors: VEF, QED Investors and 28 Others
- Latest Funding Round: Series B, Nov 19, 2024, $*****
- Highlight: Acquired
Key facts about Symmetry Systems
- Founded Year: 2017
- Location: United States
- Stage: Acquired
- Total Funding till date: $36M
- Employee Count: 36 as on May 31, 2026
- Investors: TSG, ForgePoint Capital and 15 Others
- Latest Funding Round: Series B, Aug 09, 2023, $*****
- Highlight: Acquired
4. Humanly
Developer of AI-native talent intelligence platform unifying recruiting ATS, CRM, and sourcing. The platform consolidates applicant tracking, candidate relationship management, sourcing, contact data, outreach sequencing, and reporting into a single system for recruitment teams. It offers an integrated talent directory, Chrome extension for one-click profile import, automated campaign management, activity logging, and real-time analytics for pipeline and performance tracking. Additional capabilities include sales CRM for business development, configurable workflows for different recruitment models, and integrations with external tools to support executive search, staffing, RPO, and in-house hiring teams.
Key facts about Humanly
- Founded Year: 2019
- Location: Seattle (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $55.6M
- Employee Count: 77 as on May 31, 2026
- Investors: Moneta Ventures, SEEK Investments and 21 Others
- Latest Funding Round: Series B, Mar 24, 2026, $*****
- Highlight: Editors' Pick
5. Truework
Candidate background verification solution. It allows users to automate the verification process and verify information like employment and income. It also conducts background checks during loan applications and home purchases. Clients include Trunk Club, The Motley Fool, InsideSales.com, and more.
Key facts about Truework
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $119M
- Employee Count: 86 as on May 31, 2026
- Investors: G Squared, Four Rivers Group and 23 Others
- Latest Funding Round: Series C, Jun 14, 2023, $*****
- Highlight: Acquired
TMD Ventures' Year-on-Year Investment Trends
In 2025, it made 1 investment. Its most recent first time investment was in Symmetry Systems and most recent follow-on round was in Humanly.TMD Ventures' Investments by Stage
TMD Ventures has made 2 investments in Series A stage with an average round size of $13.2M and 1 investment in Seed stage with an average round size of $800K.Stage of entry | No. of Investments |
|---|---|
Series A | 2 |
Seed | 1 |
Note: We have considered here, only first round of investments
TMD Ventures' Investments by Sector
TMD Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Artificial Intelligence - Industry Applications, Enterprise Infrastructure, FinTech and Financial Services. Notably, it has invested in 15 Tech companies, 14 Enterprise (B2B) companies, 13 Software companies and at least 8 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
Artificial Intelligence - Industry Applications | 1 |
Enterprise Infrastructure | 1 |
FinTech | 1 |
Financial Services | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
TMD Ventures' Investments by Geography
TMD Ventures has made most investments in United States (2), followed by Mexico where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 2 |
Mexico | 1 |
Note: We have considered here, only first round of investments
TMD Ventures' recent investments
TMD Ventures has not made any investment in 2026 so far.Here are the most recent investments by TMD Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 07, 2025 | United States | Series B | 8794 | [+7] | |
Jun 23, 2021 | United States | Series A | 8433 | [+8] | |
Mar 03, 2021 | Mexico | Series A | 3566 | [+8] | |
Jun 23, 2020 | United States | Seed | 8646 | - |
Acquired companies in TMD Ventures' Portfolio
7 companies from TMD Ventures' portfolio have been acquired. The most recent acquisition was minu in Jun 2026 by Betterfly for $*****.Here are TMD Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 10, 2026 | Mar 03, 2021 | Series A | 4377 | |
May 21, 2026 | Jun 23, 2021 | Series A | 9663 | |
Apr 17, 2025 | - | - | 6419 | |
Sep 30, 2022 | - | - | 4718 | |
Dec 20, 2021 | - | - | 4403 |
Team profile of TMD Ventures
TMD Ventures has a team of 1 member located in United States. TMD Ventures' team does not sit on the board of any company as of now.Co-investors of TMD Ventures
Over the past 6 years, 52 investors have co-invested in TMD Ventures's portfolio companies. This includes funds and angels.
- Invested before TMD Ventures: QED Investors, Next Billion Ventures and 6 others have invested in rounds before TMD Ventures. There is 1 company where QED Investors has invested before TMD Ventures and 1 company where Next Billion Ventures has invested before TMD Ventures.
- Top Co-investors of TMD Ventures: 13 investors entered a company along with TMD Ventures. These include investors like Tom Gonser (2 companies).
- Invested after TMD Ventures: A total of 31 investors have invested in TMD Ventures's portfolio after their investments. Top Investors include Accial Capital (1 company), Besant Capital (1 company) and Enea (1 company).
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