Telegraph Hill Capital

Telegraph Hill Capital, also known as THCAP, is a venture capital firm backing early-stage technology founders. It often leads seed and pre-seed rounds and looks for platforms that have been on the market for a few quarters and show real user uptake.

What Telegraph Hill Capital does

• Seed and pre-seed investment: frequently as lead investor in early rounds.
• Follow-on funding: joining later rounds of existing portfolio companies and backing later-stage founders it knows.
• Hands-on support: a team in North America and Europe helps with hiring, business development and cross-border expansion.
• Investor access: gives its own investors exposure to early-stage tech companies.

Who it works with

It backs fast-growing tech startups in North America and Western Europe building software, apps and digital platforms, with a preference for B2B models. It is sector agnostic but favours logistics, proptech, agriculture, retail, food, education, health and fitness, fintech, future of work and cybersecurity.

Key facts

• Stage: seed and pre-seed
• Regions: North America and Western Europe
• Regulation: registered with Spain's CNMV as a venture capital manager
• Focus: diverse teams and sustainable business models