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Thomvest Ventures closes $250M fund to invest across fintech, cybersecurity, AI


Thomvest Ventures deploys capital in the areas of financial and real estate technology, cybersecurity, cloud and AI/data infrastructure.

Thomvest Ventures is popping into 2024 with a new $250 million fund and the promotion of Umesh Padval and Nima Wedlake to the role of managing directors. Thomvest has watched it for decades, and in 2010 decided to leave the generalist world behind to specialize in investment in a few key industries, Butler said. Today, Thomvest Ventures deploys capital in the areas of financial and real estate technology, cybersecurity, cloud and AI/data infrastructure.

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