Venture capital specialists.
Our experience and longevity give us a valuable and time-tested perspective on this complex industry. We have lived through boom and bust cycles, and we are a committed venture capital investor.
As well-networked, data-driven leaders in this niche industry, we can spot emerging trends—and new managers—early.
We work collaboratively and transparently, often sharing information to help our investors achieve superior venture-capital returns and enhance their allocation to the private equity asset class.
A cohesive team.
Our culture is one of hard work, creativity and true teamwork. All of us work together seeking to deliver superior returns and exceptional client service.
Top Tier Capital Partners, LLC (TTCP) is a venture capital specialist managing niche-focused funds of funds. We make primary and secondary investments in venture capital funds and co-invest in select portfolio companies. Our team creates diverse portfolios that are built to spot emerging trends early and to deliver optimal venture returns.
Our value-add lies in our experience, deep networks, industry insights and superior client service. We work collaboratively with our investors to help them build their private equity investment programs, and we partner closely with our managers to offer thoughtful, hands-on counsel. Our team has extensive experience in deal sourcing, due diligence, performance analysis, legal terms negotiation, investment monitoring and reporting. We seek long-lasting, open relationships that begin, not end, with the investment.
The private equity marketplace—in particular the niche world of venture capital—is a complex sector that requires seasoned hands to navigate. Top Tier’s experienced professionals have the skills, personal networks and judgment to locate the highest-quality and most creative opportunities.
Our team focuses on venture capital and growth capital by making primary investments with proven managers. We also make targeted secondary purchases and co-investments with proven managers where our team has experience and first hand information. Through these diversified programs, we seek to give our investors a portfolio that is superior to what might otherwise be available to them.
We strive to maintain an extremely high level of interaction with our investors. We seek to align our interests with those of our investors and firmly believe that our role is not only to share information about the portfolios we are building, but also to share insights about key industry developments and trends.
Our investors include public and private pensions, sovereign wealth funds, foundations, endowments and family offices, each of whom has distinct investment objectives.
Top Tier Capital Partners maintains a robust compliance program to meet its fiduciary duties to its client funds and their underlying investors and to ensure adherence to applicable regulations. The firm is registered as an investment adviser with the SEC.
For more information on our SEC registration and disclosures, click here.
The Top Tier name reflects the achievements of our established series of investment funds—the Top Tier family of venture capital funds of funds—which has raised more than $3.3 billion from investors since inception. The name also reflects our dedication to consistently remain a cut above.
The firm’s history can be traced to 1991, when Philip Paul founded Paul Capital Partners to acquire 42 venture capital and leveraged buyout fund positions from the Hillman Company, his former employer. This pioneering acquisition of illiquid assets helped to institutionalize the secondary private equity market. In 2011, Phil co-founded Top Tier Capital Partners as a spin out from Paul Capital.
Phil retired from the Investment Team at the end of 2014, but remains an active board member and advisor to the firm through his role as Non-Executive Chairman of Top Tier Capital Partners.
“Investment fads come and go. But one constant in this industry is fundamental innovation that disrupts established industries and creates new wealth. That’s why at Top Tier, we are committed to venture capital for the long term.”
David A. York
CEO & Managing Director
Managing Director - Operations
Garth A.L. Timoll, Sr.
Director, Customized Solutions
Investor Services Manager
Investor Relations Manager
Vice President, Finance
David A. York
CEO & Managing Director
David is Chief Executive Officer, Managing Director and member of the Investment Committee at Top Tier Capital Partners. He is responsible for the management, development and growth of Top Tier and its offerings. His knowledge and network uniquely equip him to be a liaison and international ambassador not only for Top Tier’s brand but also the broader venture community. In 2000, David joined Phil Paul to lead the fund of funds team at Paul Capital which spun out in 2011 to form Top Tier. Over the past two decades in Silicon Valley and during his tenure on different trading desks on Wall Street, including posts at Chase H&Q, Volpe Welty & Co., Drexel Burnham Lambert, and Paine Webber, David has developed an extensive network among private equity managers, particularly venture capitalists. David graduated from the University of Southern California with a B.S. in industrial and systems engineering.
Lisa is a Managing Director and member of the Investment Committee at Top Tier Capital Partners. She leads the fund Investment Team focusing on manager selection, due diligence and investment monitoring of Top Tier’s primary investments. Leveraging her 25 years of experiences, Lisa is particularly interested in helping up-and-coming micro funds structure themselves for success in the future, including strategic fundraising, thoughtful portfolio construction, effective capital deployment and management succession. When she is not advising our GPs and LPs, Lisa is supporting diversity within private equity with the intent that the profile of venture firms mirrors those who are benefiting from the capital deployed by those firms. Lisa joined Top Tier’s predecessor firm Paul Capital in 2003. Prior to Top Tier, Lisa was part of the asset management team at WR Hambrecht + Co focusing on new and emerging private equity funds. Before that, she spent ten years at Horsley Bridge Partners. Lisa began her career as an analyst at the Federal Reserve Bank of San Francisco. Lisa graduated from the University of San Francisco with a B.S. in applied economics and an M.B.A. from the Haas School of Business.
Managing Director - Operations
Sean is Managing Director and Chief Operating Officer at Top Tier Capital Partners. He is responsible for operations, including finance and administration and is TTCP’s registered in-house counsel and chief compliance officer. As the Firm’s COO and chief compliance officer, Sean is a respected sounding board for his partners as they navigate the changing regulatory environment both in the U.S. and abroad and discuss the merits of new business opportunities. Prior to joining Top Tier in 2011, Sean held a number of senior operating roles at asset management firms, including senior project manager at BlackRock, chief operating officer at H&Q Asia Pacific and president of Robertson Stephens Asset Management. Before moving to San Francisco, Sean was general counsel and a managing director at Soros Fund Management in New York from 1991 to 2000. Sean began his career as a lawyer advising investment advisers in New York and Hong Kong. Sean graduated from Harvard College with an A.B., magna cum laude, and a J.D. from the University of Chicago Law School.
Jessica is a Managing Director and member of the Investment Committee at Top Tier Capital Partners. She is dedicated to the fund Investment Team and currently leads the capital formation efforts for the Firm. She was the driving force behind establishing the Investment Team’s database, The Mine. It was Jessica’s analytical vision to leverage data to enhance the risk-adjusted returns for Top Tier’s investors. Her focus on data has helped the Investment Team balance the promise frontier technologies offer with the financial returns LPs desire. Jessica joined Top Tier’s predecessor firm Paul Capital in 2005. Prior to joining Top Tier, she was part of the Investment Team at Care Capital LLC, a venture capital firm specializing in biotechnology. Before that she spent five years at Salomon Smith Barney. Jessica graduated from Connecticut College with a B.A. in mathematics and economics. She also earned an M.B.A. from New York University’s Stern School of Business. Jessica is an active competitive rower and was previously a Varsity Crew member at Connecticut College and member of the New York Athletic Club, where she was a nine-time national champion.
Garth A.L. Timoll, Sr.
Garth is a Managing Director and member of the Investment Committee at Top Tier Capital Partners. He leads the velocity team which executes the Firm’s co-investment and venture secondary investment activity. He is currently a board observer on Top Tier’s co-investments in Endgame, 2nd Watch, SRS Acquiom, and Qumulo. Prior to joining Top Tier’s predecessor firm Paul Capital in 2009, Garth was a vice president at Portfolio Advisors, where he focused on primary investments in venture capital, leveraged buyout, and special situation funds. Before that, he was at Fairview Capital Partners and Rogerscasey. Garth graduated from Bates College as a Benjamin E. Mays Scholar with a B.A. in psychology and a minor in economics and was captain of the varsity basketball team. Garth is a current member of the Bates College Board of Trustees. He also received his M.B.A. from the Johnson Graduate School of Management at Cornell University as a Robert A. Toigo Fellow and a Christopher T. Emmet Scholar.
Director, Customized Solutions
Kevin joined Top Tier in 2014 and leads the Firm’s customized solutions efforts. Prior to joining Top Tier, Kevin spent twelve years in the investment advisory business including eight years at NEPC, LLC where he was instrumental in building a successful private equity advisory practice. While at NEPC, he was responsible for leading research in various private equity strategies and working with the private equity programs of the firm’s largest clients including over $2 billion in commitments within the New Mexico ERB private equity portfolio. Before his career in investments, Kevin was a project manager at Rohm and Haas working on major facility expansion projects culminating in a role as engineering manager at a greenfield startup facility. Kevin graduated from Washington University in Saint Louis with a B.S. in mechanical engineering, an M.E. in mechanical engineering from Stevens Institute of Technology, and an M.B.A. from the Haas School of Business. Kevin holds the Chartered Alternative Investment Analyst (CAIA) designation.
Eric joined Top Tier in 2015 and is a member of the fund Investment Team with special focus on the Firm's alpha manager program (which targets fund sizes less than $250 million). Prior to joining Top Tier, Eric was the founder of Trigo Ventures and a principal at Northgate Capital leading the "emerging manager" platform, which invested primarily in seed and micro VC funds. During his tenure at Northgate, nearly $50 million was deployed to the strategy, which included fund and direct company investments. Before that, he was head of search marketing at AccountNow, Inc. Eric began his career as part of the research team for VentureSource, a division of Dow Jones. When not diligently focusing on investment activities, this Bay Area native can be found on the golf course perfecting his swing. Eric graduated from the University of California at Berkeley with a B.S. in mechanical engineering. He became a Charted Financial Analyst (CFA) Charterholder in 2004.
Sean is an associate and a member of the Firm’s velocity team which includes the firm’s co-investment and venture secondary investment activity. He joined Top Tier’s predecessor firm Paul Capital in 2010 as a member of the inaugural analyst program. Sean graduated from the University of California at Berkeley with a B.A. in political science. While at Berkeley, he was an Academic All Pac-10 Varsity Crew member, Varsity 8+ IRA National Champion in 2010, and a member of the Under-23 National Rowing Team in 2009. Currently, Sean sits on the board of the Friends of Cal Crew.
Katherine is an associate and a member of the Firm’s velocity team which includes the firm’s co-investment and venture secondary investment activity. Prior to joining Top Tier, Katherine was an analyst at Northgate Capital, focusing on venture capital co-investments and venture capital and private equity fund investments. Katherine graduated from Cal Poly San Luis Obispo with a B.S. in business administration, international business with a minor in French. While at Cal Poly, she was a member of the Women’s Club Water Polo Team.
Jackson is a senior analyst and a member of the 2014 analyst program. Before joining Top Tier, he spent time as an intern with Golden Gate Capital and Bank of America Merrill Lynch. Jackson graduated from Stanford University with a B.S. in science, technology, and society. While at Stanford, he was a member of the Varsity Football team earning Pac-12 All-Academic recognition and played in the Rose Bowl in 2013.
Sophia is a senior analyst and a member of the 2014 analyst program. Sophia graduated from Stanford University with a B.A. in economics and in public policy. She served as Vice President of BASES, Stanford’s student entrepreneurship group. While at Stanford, she was a four-year member of Stanford’s Varsity Cross Country, Indoor Track & Field, and Outdoor Track & Field teams as a distance runner.
Ben is an analyst and a member of the 2016 analyst training program. Ben graduated from The Wharton School, University of Pennsylvania with a B.S. in Economics, with a Concentration in Strategic Management. Before joining Top Tier, he spent time as an intern with Ernst & Young. While at UPenn, he was a member of the Varsity Football team.
Andrew is an analyst and a member of the 2016 analyst training program. Andrew graduated from University of Southern California with a B.S in business administration and finance. Before joining Top Tier, he spent time as an intern with JMP Securities and Wells Fargo Advisors.
Paul is a venture partner at Top Tier advising on technology securities both in the public and private markets. Before joining Top Tier in 2015, he founded and managed Five Points Capital, a long/short equity hedge fund, which included a crossover investment strategy for private equity. Paul also serves as the Executive Chairman of Four51, Inc. a private B2B commerce SaaS company. Before launching Five Points Capital, he was a Managing Director at Soros Fund Management focused on technology equities. Paul began his post-graduate school career as a venture capitalist at MVP Ventures. Paul received his AB, magna cum laude, from Harvard College and his M.B.A. from Stanford Graduate School of Business.
Investor Services Manager
Clare is Top Tier’s Investor Services Manager, responsible for investor communications and events, including the annual meeting production. Prior to joining predecessor firm Paul Capital in 2006, Clare spent 13 years working with private equity funds and their investors as a venture services and marketing specialist with JP Morgan H&Q and the Charles Schwab Strategic Trading Group. As a venture services specialist, Clare provided liquidity services to private equity funds seeking to distribute or sell public portfolio-company assets. In her role as a marketing specialist, she was responsible for the content and design of the group’s presentation materials, as well as the production of three worldwide private equity conferences. Clare received a B.A. in politics and studio art from Fairfield University in Connecticut.
Investor Relations Manager
Kendra is Top Tier's Investor Relations Manager focusing on fund raising and new business activities including RFPs. Prior to Top Tier Kendra worked as a Senior Manager FP&A at McKesson, the largest provider of distribution and technology solutions within healthcare. Prior to McKesson, she worked at a venture backed healthcare start-up in San Francisco. Before business school, she worked in client services at Hall Capital Partners, a SF-based investment advisor. Kendra holds a B.S. in Human & Organizational Development with Leadership Effectiveness and minor in Economics and an M.Ed. in Organizational Leadership, both from Vanderbilt University, and an M.B.A. from the Kenan-Flagler Business School at UNC.
Craig is an associate at Top Tier focusing on Investor Relations, specifically focusing on fund raising and brand awareness activities. Prior to joining Top Tier in 2015, Craig worked in Corporate and Business Development (focusing on M&A) for Monitise Group, a UK-based mobile technology company. Prior to Monitise, he worked at State Street Corporation as a fund accountant. He holds a B.A. in Biochemistry, Cellular and Molecular Biology from Connecticut College. While at Connecticut College, Craig was captain of the varsity tennis team and a member of the varsity squash team.
Vice President, Finance
Shanshan oversees the financial reporting, accounting, and operations of Top Tier’s management company, its funds, and its general-partner entities. Before joining the firm in 2013, she was the fund controller for Clarium Capital Management LLC and the vice president of operations for Thiel Capital LLC. In those roles she oversaw financial reporting and accounting and served as a member of the valuation committee. Prior to that, Shanshan worked at Ernst & Young LLP’s global asset-management practice in San Francisco. She earned a B.S. in international finance from Zhongshan (Sun-Yat Sen) University in China and an MBA from University of San Francisco. Later Shanshan also earned a master of accountancy from Golden Gate University. She is a Chartered Financial Analyst and Certified Public Accountant in the state of California.
Susan Liang is an assistant controller for Top Tier, in charge of the management company’s accounting and operations. Prior to joining Top Tier in 2012, Susan worked for two years as a senior fund accountant at Citco Fund Services. In that role she helped oversee accounting for hedge fund portfolios worth more than $2.5 billion. Before that Susan was an asset operations specialist with the Charles Schwab Trust Co. She started her accounting career as a credit manager and loan processor for Wells Fargo Financial. Susan holds a B.A. in sociology organizational studies and managerial economics from the University of California at Davis.
Catherine is a senior fund accountant for Top Tier. She is responsible for the accounting and operations of the firm’s Top Tier funds and general-partner entities. Prior to joining the firm in 2013, Catherine worked for two years as a senior associate in KPMG’s audit practice, primarily with financial-services clients including Wells Fargo and its venture-capital subsidiary. Before that she interned at KPMG. Catherine earned a B.A. in business economics with an accounting emphasis from the University of California at Santa Barbara. She also studied at Charles University in Prague and is a certified public accountant.
Sarah is a Fund Accountant for Top Tier. She is responsible for the accounting of the firm’s investment funds and general partner entities. Prior to joining the firm in 2016, Sarah worked for three years as a fund accountant and hedge fund portfolio valuations associate at Citco Fund Services preparing financial reporting, including profit allocation statements, cash and position reconciliation and fee calculations as well as performing month-end portfolio valuations. Before that she interned at Merrill Lynch. Sarah earned a B.A. in economics and accounting from Gonzaga University.
Anna is a junior accountant for Top Tier. Prior to joining Top Tier in 2014 she worked as an Accountant at Hellman & Friedman in a consulting role. Anna started her career as an Accounting Specialist at Wells Fargo Corporate Properties Group where she worked for three years. Anna holds B.A. in Sociology of Economy and Market Research from Jagiellonian University in Krakow, Poland, an M.A. in American Studies from Ruprecht-Karls University in Heidelberg, Germany and an M.S. in Accountancy from San Francisco State University.
“The bottom line is, we show up. Our focus isn't just on the investment. It's on earning long-term respect through hard work and forging true partnerships with our investors and managers.”
Top Tier makes primary and secondary investments in established and emerging venture capital funds, and also co-invests in companies alongside select managers. Our deep venture capital relationships are the result of decades of experience and a commitment to seeking out the most promising managers and investments.
5AM Ventures is a leading venture capital firm focused on building next-generation life science companies capable of delivering outstanding returns to our investors. We support companies solving important healthcare needs via cutting-edge breakthroughs in medicine and science. Our portfolio companies spearhead novel approaches to diagnose, prevent and treat a wide range of medical conditions.http://5amventures.com
Abingworth is an international investment group dedicated exclusively to the life sciences and healthcare sectors. We invest across all stages of company development including early and late-stage venture financing, growth equity and public companies. Founded in 1973, Abingworth has a lengthy track record of backing market leading companies.http://www.abingworth.com/
Akkadian Ventures is a direct secondary investment firm focused on providing liquidity to early employees and investors of venture-backed businesses. Akkadian offers tailored and unique solutions for companies and employees, with key benefits that include speed, tax efficiency and rigorous respect for confidentiality. Akkadian has also developed a proprietary, data-driven methodology to identify which private technology companies are entering hyper-growth and uses this data to “pre-approve” companies for its liquidity programs, dramatically accelerating the time to transaction for entrepreneurs. Founded in 2010, Akkadian is based in San Francisco, California.http://akkadianventures.com
Andreessen Horowitz is a venture capital firm that provides seed, venture and growth-stage funding to the best new technology companies. Its investing partners include Marc Andreessen, Ben Horowitz, John O'Farrell, Scott Weiss, Jeff Jordan, Peter Levine and Chris Dixon—all recognized experts in creating, scaling and operating high-growth technology companies. The firm has $2.7 billion under management across three funds. Among its 170 investments are Airbnb, Box, Fab, Facebook, GitHub, Pinterest, Quirky and Twitter.http://a16z.com/
Atlas Venture is an early stage venture capital firm that invests in promising entrepreneurs focusing on life sciences and technology innovation. Based in Cambridge, MA we are focused on becoming the reference early stage investor in New England. We are contrarian, patient, and aggressive investors.http://www.atlasventure.com/
Since 1983, Battery has been investing in technology and innovation worldwide. The firm partners with entrepreneurs and management teams across technology sectors, geographies and stages of a company’s life, from seed and early venture, to growth and buyouts. Battery invests worldwide from offices in Boston, Silicon Valley and Israel. The firm has raised more than $4B since inception and is currently investing a $750M fund.http://www.battery.com/
Canaan Partners invests in entrepreneurs and works alongside them to turn visionary ideas into valuable companies. Since 1987, the firm has catalyzed the growth of disruptive technology startups and healthcare companies revolutionizing the practice of medicine. Canaan maintains a presence in the global innovation hubs of Silicon Valley, New York City, India and Israel.http://www.canaan.com/
Formation 8 is a technology investment firm based in Silicon Valley with a presence in Korea, Singapore and China. We operate as one firm with a unified mission to identify great potential and help realize the dreams and ambitions of the best entrepreneurs.http://www.formation8.com
Foundation Capital was founded in 1995 with a single purpose: to build great companies. Every partner at Foundation Capital has been an entrepreneur before coming here. We have served as CEOs, as executive managers, and as technologists with a compelling idea that ultimately resulted in real-world experience directing a company to success. We continue to run Foundation Capital with this entrepreneurial spirit, because our true expertise is the understanding, the perspective, and the enthusiasm we bring to helping promising companies in their formative stages.http://www.foundationcapital.com/
HighBar Partners is a private investment firm focused on strategic growth capital investments in enterprise and infrastructure software companies. The firm invests in companies undergoing significant change or transition and provides patient, long-term capital to build successful businesses. HighBar is a creative and engaged partner with resources and relationships to assist management teams with financial, strategic and operational execution. HighBar’s principals have founded, operated or invested in over 100 companies in the technology sector.http://www.highbarventures.com/
Index Ventures is a venture capital investment firm with offices in Geneva, London, Jersey and San Francisco. The firm was founded in Geneva (Switzerland) in 1996 by Neil Rimer, David Rimer and Giuseppe Zocco. Since its inception, the firm has raised in excess of €2 billion of investor commitments. Index invest primarily in the Information Technology and Life Sciences sectors.http://www.indexventures.com/
LIGHTSPEED VENTURE PARTNERS
Lightspeed Venture Partners is a leading venture capital firm with over $2 billion of committed capital under management and investment professionals and advisors in Silicon Valley, India, Israel and China with Lightspeed China Partners. Over the past two decades, Lightspeed partners have backed more than 200 consumer, enterprise and cleantech companies, many of which have become leaders in their respective markets.http://lsvp.com/
MADRONA VENTURE GROUP
Madrona has been investing in early-stage technology companies in the Pacific Northwest since 1995 and has been privileged to play a role in some of the region's most successful technology ventures. The firm invests predominately in seed and Series A rounds across the information technology spectrum including consumer Internet, commercial software and services, digital media and advertising, networking and cloud computing, and mobile. Madrona manages nearly $1 billion and was an early investor in companies such as Amazon.com, Apptio, Isilon Systems, Redfin, and Animoto.http://www.madrona.com/
Maiden Lane is an investment vehicle built on top of AngelList with a mission to make partnering with world-class angels more impactful.http://www.maidenlane.com
Mayfield Fund is a global venture capital firm with $3 billion under management and a history of investing in relationships. Over our 43-year history, we have invested in more than 530 companies, resulting in over 100 IPOs and more than 100 mergers and acquisitions.http://www.mayfield.com/
Meritech Capital Partners is a leading provider of late-stage venture capital to category-defining private technology companies, and has been one of the top performing venture firms of the past decade. With over $3 billion under management, Meritech primarily leads investments into companies with proven and differentiated technology, rapidly-growing revenue and experienced management teams. With one of the most active venture portfolios in Silicon Valley, Meritech has experience in, and provides guidance on issues facing rapidly growing companies including management incentive plans, IPO market timing and positioning, M&A strategies and negotiations and adviser selection. Meritech investments in industry-leading companies include Acclarent, Cornerstone-OnDemand, Facebook, Fortinet, Fusion-io, Greenplum, Hybris, Imperva, Netezza, NetSuite, Proofpoint, PopCap, Riverbed, Salesforce.com, Sourcefire, Tableau and Zulily.http://www.meritechcapital.com
Orchid Asia Group, founded in 1993 is an investment group with offices in Hong Kong, Shenzhen, Shanghai, Beijing and Guangzhou. We focus on backing experienced operating executives in building franchises with an emphasis in China. We invest in expanding domestic enterprises in high barrier to entry businesses that have good growth prospects in the consumer services and products sector, as well as the outsourced manufacturing and services sector. We manages a total of five (5) private equity funds with an aggregate amount of US$1.6 billion of assets under management. Our clients includes some of the U.S., Europe and Asia’s leading institutional investors, university endowments, pension & foundations, insurance companies, strategic investors, and high net worth family offices.http://www.orchidasia.com/en/Default.aspx
Revolution Growth invests in companies that can change the world. What we do is unique and different. We are focused. Our sweet spot is on technology-enabled businesses that empower consumers and disrupt existing, multi-billion dollar industries. We are very hands-on and a true partner, working relentlessly with management teams, over a long period of time, to help build their businesses.http://revolution.com/
RRE Ventures is an early-stage venture capital firm headquartered in New York City. Since our founding in 1994 we have sought out and partnered with extraordinary entrepreneurs who seek to disrupt and transform industries.http://www.rre.com/
SCALE VENTURE PARTNERS
Scale Venture Partners is located in Silicon Valley and invests in high-growth technology companies with a focus on SaaS, Cloud, Mobile & Internet sectors. We look for companies that are in early revenue and are ready to scale – hence our name. The value we bring to the table as investors and as board members comes from our backgrounds as sales and marketing executives in the industries we invest in and our experience with industry leading companies like Box, Omniture, ExactTarget, Vitrue, Hubspot and uTest.http://www.scalevp.com/
Shasta Ventures is an early-stage venture capital firm focused on companies in the consumer Internet, mobile and software sectors. Shasta was formed in 2004 to back brilliant entrepreneurs with an unwavering commitment to the customer experience. Located in Menlo Park, California, Shasta Ventures has $725 million dollars under management across three funds.http://www.shastaventures.com/
SightLine Partners’ exclusive focus is the medical device industry. The firm is based in Minneapolis, MN, the heart of one of the nation's best areas for emerging growth medical device companies. SightLine Partners is the successor firm to Piper Jaffray Ventures, having acquired the healthcare venture capital operations from Piper Jaffray on December 31, 2004. Over the last 19 years, the Firm has raised six healthcare funds that have collectively invested in over 70 companies.http://www.sightlinepartners.com/
Since 1974, Sofinnova Ventures has partnered with entrepreneurs to secure initial funding, build successful management teams, form impactful corporate alliances, win key customers, and navigate acquisitions and IPOs. With $1 billion under management, our firm applies capital and expertise to guide start-up companies to successful exits.http://www.sofinnova.com/
Founded in 2005, True Ventures is a Silicon Valley-based venture capital firm that invests in early-stage technology startups. With three funds and approximately $600 million in capital under management, True provides seed and Series A funding to entrepreneurs in today’s fastest growing markets.http://www.trueventures.com/
Founded at Harvard in 2011 by a partnership of New Enterprise Associates, Breyer Capital, Accel Partners and Polaris Partners, Xfund is an early-stage venture capital firm dedicated to finding and supporting technically-gifted entrepreneurs with a liberal arts mindset. Xfund leverages its unparalleled network of investment advisors and academic experts to help tomorrow's entrepreneurial leaders, engineers, and designers build world-class companies. Some of the firm’s portfolio companies include Kensho, Ravel, Philo, Zumper and Rest Devices as well as specialized growth accelerators Rock Health and Work-Bench. Xfund is anchored in university towns with offices in Cambridge and Silicon Valley.http://www.xfund.com
Featured Managers are the venture capital funds to which Top Tier has made primary commitments in the last 36 months. Some firms are not included for confidentiality reasons.
2nd Watch is a public cloud workload management provider that helps enterprises accelerate adoption of the public cloud. The company’s services and tools extend and automate critical workload management processes for the public cloud including: governance, procurement, financial management, migration, and operations. By combining proven methodologies, industry experts, certified personnel and patent-pending automation tools, 2nd Watch is currently delivering public cloud workload automation across more than 100 enterprise for more than 75,000 instances. The venture-backed company is headquartered in Seattle, Washington.http://www.2ndwatch.com
The Accurate Group provides national real estate transaction services to the financial services industry with a focus on title insurance and searches, loan processing, appraisal and valuation services, and loan due diligence services. Accurate’s mission is to routinely solve client problems by creating efficiency, reducing risk, and cost through the entire real estate loan process. For more information, please visit www.accurategroup.com.http://www.accurategroup.com
AlienVault provides an easy-to-use, all-in one security platform to help companies detect, respond to and plan against cyber-attacks in a cost effective way. AlienVault's Unified Security Management™ (USM) platform enables organizations with limited security staff and budget to address compliance and threat management needs. By offering five essential security capabilities in a single console - asset discovery, vulnerability assessment, threat detection, behavioral monitoring and security intelligence - and then powering the platform with up-to-the-minute threat intelligence from AlienVault Labs and the Open Threat Exchange—the world’s largest crowd-sourced collaborative threat exchange—AlienVault provides its customers with a unified, simple, and affordable solution for threat detection and compliance management.http://www.alienvault.com
Awarepoint is the healthcare industry's leading supplier of enterprise awareness solutions. Awarepoint's real-time location system technology and software solutions assist hospitals in cutting asset costs, improving compliance, and increasing patient through-put resulting in increased revenues.http://www.awarepoint.com
BIT9 + CARBON BLACK
Bit9 + Carbon Black is the market leader in Next-Generation Endpoint Security. The company has sold more licenses, has more experience, and more customers than any other NGES company and 25 of the Fortune 100 rely on it as a critical element of their advanced threat defense and compliance strategies. Bit9 + Carbon Black was voted Best Endpoint Protection by security professionals in the SANS Institute’s Best of 2014 Awards, and a 2015 SANS survey found that 68 percent of IR professionals are using or evaluating Carbon Black. And IDC, in 2015, named Bit9 + Carbon Black the leader in endpoint security.http://www.bit9.com/
Chegg, the social education platform, provides students on more than 7,000 college campuses nationwide with homework help, course selection, note taking, textbook and e-textbook rentals, and student deals.http://www.chegg.com
Endgame is delivering the next generation of Security Intelligence & Analytics (SIA). Our core capabilities use data science and cutting-edge technology to give our federal and commercial customers real-time visibility across their digital domains, and our ecosystem of applications use that insight to solve a wide array of security problems. Endgame allows you to see what others can’t, and to take control of your connected world. Endgame was founded in 2008 and has offices in Washington, DC, San Francisco, CA, San Antonio, TX and Melbourne, FL.http://www.endgame.com
Engine Yard is the leading Platform as a Service (PaaS). With deep expertise in Ruby on Rails and PHP, combined with powerful orchestration, deep community involvement and world-class service, Engine Yard empowers businesses to build and run cloud-based applications easily and cost-effectively.http://www.engineyard.com
Localytics is a lifecycle engagement platform for web and mobile apps. With an integrated approach to app marketing and analytics Localytics helps customers automate and optimize every stage of the app lifecycle to keep their users engaged and to deliver more personalized experiences. Localytics is used in more than 37,000 apps on more than 2.7 billion devices by companies such as ESPN, eBay, Fox and The New York Times. Localytics is headquartered in Boston, MA with offices in San Francisco and London.http://www.localytics.com/
Ogin has designed and developed its first breakthrough, the Ogin Turbine. It is a smaller, more efficient wind turbine that can go where large turbines can’t – enabling wind energy developers to bring clean energy production closer to consumers.http://www.oginenergy.com
Recyclebank helps create a more sustainable future by rewarding people for taking everyday green actions with discounts and deals from more than 3,000 local and national businesses. Through its online platform and partnerships with municipalities, haulers, small businesses and corporate brands, Recyclebank is empowering individuals to make a collective impact on the environment by increasing household recycling, reducing household energy usage and taking other environmentally-preferred actions. Recognized as a Technology Pioneer by the World Economic Forum, a Champion of the Earth by the United Nations Environment Programme and for Outstanding Excellence in Public/Private Partnerships from the U.S. Conference of Mayors, Recyclebank is headquartered in New York City.http://www.recyclebank.com
Smartsheet’s collaborative work management solution lets people manage work their way while at the same time making it simple to control their teams and processes. The ease of use of the familiar spreadsheet-like interface, work automation, and Gantt chart features have made it a popular and highly functional collaboration and project management tool. Nearly 7 million registered users in more than 190 countries use Smartsheet across every department and every industry.http://www.smartsheet.com/
SRS Acquiom provides innovative M&A post-closing services with ease and efficiency for buyers and sellers. Services include shareholder representation, escrow investment and payments administration. As the global leader, SRS Acquiom represents more than 90,000 shareholders in 97 countries and has been engaged on over 1,000 transactions valued at over $165 billion.https://www.srsacquiom.com/
Virtustream is a leading enterprise-class cloud solution provider, specializing in moving complex IT to the cloud. Virtustream offers xStream, a secure, high performance enterprise-class solution for private, virtual private, public and hybrid clouds – available as software or managed service. Virtustream also offers professional services to design, migrate, and manage clouds.http://www.virtustream.com
Jessica Archibald discusses venture capital valuations and risk-adjusted investing in Asia with the AVCJ> Read full article
David York in “The Start-up Funding Gold Rush: a New Era for VC, or Just a Fad?”, Institutional Investor
March 2015> Read full article
Limited Partners Stay Loyal as True Ventures Taps $290M for Fourth Fund
June 2014> Read full article
U.S. Venture Capital Scores Biggest Fundraising Quarter Since 2007
April 2014> Read full article
Top Tier Capital Partners Hires Chief Business Development Officer
October 2013> Read full article
"LP Scrutiny of Track Records Puts Pressure on Venture Firms", Wall Street Journal
July 2013> Read full article
"LPs Show Enthusiasm For Venture And Even Cleantech Investing", peHUB
June 2013> Read full article
“Scale Venture Partners Closes $300M Fund IV”, Wall Street Journal
May 2013> Read full article
“Limited-Partner Scrutiny Puts Pressure on Venture Firms”, Private Equity Analyst
April 2013> Read full article
“True Ventures Raises $205 Million Fund”, New York Times
June 2012> Read full article
Lisa Edgar in "Down With CVC? Yeah, You Know Me!", PEHub
May 2012> Read full article
David York in “$1 Billion Club Gets Crowded”, Wall Street Journal
May 2012> Read full article
Lisa Edgar in "Facebook IPO Has Halo Effect for Venture Capitalists", Reuters
May 2012> Read full article
David York featured article: "Is Venture Over-Sold?" in the Expert Comment section of Preqin Private Equity Spotlight
March 2012> Read full article
Top Tier Capital Partners Hires Chief Compliance Officer, Additional Finance Staff to Bolster Team
December 2011> Read full article
“Top Tier Names Sean Warren Chief Compliance Officer”, Forbes
December 2011> Read full article
“ABS Capital Partners Raises New $500 Million Fund”, VentureBeat
October 2011> Read full article
Paul Capital Investments Becomes Top Tier Capital Partners
April 2011> Read full article
Lisa Edgar speaking at and Top Tier Capital Partners sponsoring NASP's Annual Pension and Financial Services Conference in Chicago, IL June 15-17, 2015> Visit event website
Lisa Edgar speaking at the Private Equity Exclusive in Chicago, IL
July 20-21, 2015
David York speaking at the AVCJ Japan PE & VC Forum in Tokyo
June 25-26, 2015
TTCP hosting LP Breakfast event at SuperReturn U.S. 2015 at the Renaissance Boston Waterfront Hotel
June 15-18, 2015
Kevin Tatlow speaking at and Top Tier Capital Partners sponsoring The Pension Bridge Annual in San Francisco, CA
April 7-8, 2015
Dan Townsend speaking at PartnerConnect East in Cambridge, MA
March 24-25, 2015
San Francisco Office
Top Tier Capital
600 Montgomery Street,
San Francisco, CA 94111
> Parking Information
The Transamerica Pyramid parking garage is accessible via Washington Street. Other nearby parking garages are City Park located on Clay at Sansome and on Montgomery at Merchant.
New York Office
Top Tier Capital
415 Bedford Road,
Pleasantville, NY 10570
Top Tier investors can access their quarterly statements and other legal documents through the Top Tier Xtranet dataroom.
Click here to access.