TEN COVES CAPITAL, LP
TEN COVES CAPITAL, LP is a Series C+ fund in the US writing $20M–$30M checks into AI, Enterprise, Fintech, banking-lending, asset-management, capital-markets, insurance-benefits, data-business-services, data-services and business-services.
- Stages
- Series C+
- Sectors
- AI, Enterprise, Fintech, banking-lending, asset-management, capital-markets, insurance-benefits, data-business-services, data-services, business-services
- Check size
- $20M–$30M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2020
- Assets under management
- $990.5M
- Website
- tencoves.com
Thesis
Ten Coves Capital, LP is a private equity firm established in December 2020, specializing in high-growth financial technology (FinTech) companies. The firm's investment strategy focuses on B2B software companies that are innovating within the financial ecosystem, targeting segments such as payments, banking & lending, asset management, capital markets, and insurance & benefits. They typically make minority growth equity investments, often leading or co-leading rounds, and aim to partner with entrepreneurs to scale businesses. The firm manages over $990 million in assets and typically invests between $20 million and $30 million per company.
Common questions
Does TEN COVES CAPITAL, LP invest at the Series C+ stage?
Yes. TEN COVES CAPITAL, LP lists Series C+ among the stages it invests in.
What check size does TEN COVES CAPITAL, LP write?
TEN COVES CAPITAL, LP writes $20M–$30M checks.
Where does TEN COVES CAPITAL, LP invest?
TEN COVES CAPITAL, LP invests in the US.