VC firm
Thayer Ventures
Also known as QUEST HOSPITALITY, Quest Hospitality Ventures Affiliates, Quest Hospitality Ventures Affiliates Fund I, L.P., QUEST HOSPITALITY VENTURES I, L.P., Thayer Investment Partners, THAYER VENTURES ACCESS, THAYER VENTURES ACCESS FUND, L.P., THAYER VENTURES AFFILIATES
- Investor type
- VC
- Investing status
- Activeas of 2026-09-18Source (opens in a new tab)
- Headquarters
- SAN FRANCISCO, CA, United States
- Founded
- 2008
- Assets under management
- $165MForm ADV private fund GAV, as of 2026-03-31Source (opens in a new tab)
- Funds
- 9
- Legal name
- THAYER VENTURES MANAGEMENT COMPANY, L.L.C.
Record updated 29 September 2026
About
Thayer Investment Partners is a strategic venture capital firm focused on helping entrepreneurs navigate the dynamic, complex world of travel.
Investment approach
- Thesis
- Travel is more than airlines and accommodations – it is how and why people leave home and what shapes where and how they choose to live in the first place. We invest on behalf of the travel industry. From horizontal platforms—payments, cybersecurity, and workforce management—to vertical solutions across loyalty, distribution, and critical operating systems, we back both industry outsiders and seasoned operators. We connect dots and open doors across the largest and most dynamic industry in the world: hotels, transportation, airlines, cruise, agencies, restaurants, events, sports, entertainment, and experiences.Source (opens in a new tab)
- Investing status notes
- Thayer Investment Partners participates in TravelX's Series A, led by Kaszek, as the company scales the RmX platform turning static airline inventory into a dynamic, continuously optimized asset.
Funds
- THAYER VENTURES AFFILIATES FUND IV, L.P.
- $7.3MVintage 2022, Main fund, SEC amount sold
- THAYER VENTURES AFFILIATES FUND III, L.P.
- $7.8MVintage 2017, Main fund, SEC amount sold
- THAYER VENTURES ACCESS FUND, L.P.
- Vintage 2016Main fund
- THAYER VENTURES AFFILIATES FUND II, L.P.
- $15MVintage 2012, Main fund, SEC amount sold
- Quest Hospitality Ventures Affiliates Fund I, L.P.
- $3.1MVintage 2009, Main fund, SEC amount sold
- QUEST HOSPITALITY VENTURES I, L.P.
- $1.6MVintage 2009, Main fund, SEC amount sold
- THAYER VENTURES III, L.P.
- Main fund
- THAYER VENTURES II, L.P.
- Main fund
- THAYER VENTURES IV, L.P.
- Main fund
SEC registration
- Registered adviser
- THAYER VENTURES MANAGEMENT COMPANY, L.L.C.
- CRD number
- 285321 (opens in a new tab)
- SEC file number
- 802-108562
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $165Mas of 2026-03-31
- Private funds reported
- 7
- Principal office
- SAN FRANCISCO, CA, United States
- SEC CIK
- 1472737, 1472972, 1558356