Kleiner Perkins vs TCV

A side-by-side comparison of two AI investors: Kleiner Perkins (Power Score 81/100) and TCV (Power Score 81/100), both ranked among the most active firms tracked in this category.

Kleiner PerkinsTCV
Power Score™ 81/100 81/100
Assets Managed $21B+ ~$24B raised since inception
Founded 1972 1995
Headquarters Menlo Park, CA Menlo Park, CA
Sectors Enterprise Software, Consumer Internet, Healthcare, AI, Deep Tech, Industrial Tech, Fintech Consumer Internet, SaaS, Fintech, Media, Cybersecurity, AI, Deep Tech

Kleiner Perkins

Kleiner Perkins was founded in 1972 by Eugene Kleiner, a Fairchild Semiconductor co-founder, and Tom Perkins, a former Hewlett-Packard executive with degrees from MIT and Harvard. Joined shortly after by Frank Caufield and Brook Byers, the firm built its name on backing category-defining technology companies from their earliest days, including Genentech, Sun Microsystems, Netscape, Amazon, and Google. The firm's 1999 investment in Google alongside Sequoia Capital - writing what was then its largest check ever - remains one of the most celebrated bets in venture capital history.

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TCV

TCV was founded in 1995 by Jay Hoag and Rick Kimball as the original crossover investor - the first firm to invest in both public and private technology companies from the same fund, a structure the 'Crossover' in its original name (Technology Crossover Ventures) still reflects. That willingness to follow winners across the private-to-public transition, rather than exiting at IPO, is what produced Jay Hoag's three-decade board seat at Netflix, which he joined in 1999 when TCV owned roughly 43% of the company pre-IPO. The firm has since invested more than $17 billion across 350-plus technology companies worldwide, supporting more than 145 IPOs and strategic acquisitions including Facebook, Airbnb, Spotify, Zillow, and Expedia, and now manages approximately $24 billion.

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