TA Ventures, a leading European venture capital fund, has summarized its performance in 2024. Despite the global economic challenges and the ongoing war due to Russia's full-scale invasion of Ukraine, the fund's team not only maintained the results of 2023 but also improved its key indicators in 2024.
The results of TA Ventures' activities are as follows:
- 242 invested businesses;
- 83 exits;
- 16 unicorn companies in the fund's portfolio (+1 for 2024);
- 7 IPOs.
TA Ventures' angel venture syndicate ICLUB reached a significant milestone in 2024 with over 2000 members. 30% of these have at least one investment and 10% have portfolios including five or more investments. Moreover, the ICLUB crew cut the minimal investment per firm by 5x, now putting it at $5000. This reduces risks for the investors and allows them to diversify their portfolios better. Additionally, ICLUB embraced a mobile-only approach, released its own app and much of this simplified the onboarding of new investors and enabled the syndicate to pull in larger rounds of investment.
“Over 15 years of operation, we have invested in 242 businesses and successfully exited 83 companies. One of these exits, involving Coterie in 2024, was among the top five deals of the fund by multiplier. In total, TA Ventures portfolio companies have raised $3.24 billion in funding this year,” says Viktoriya Tigipko, founder and managing partner of TA Ventures and ICLUB. “We expect the 'venture winter' to end in the near future. We are currently thoroughly exploring new promising markets and look forward to turning the 23 speedsters in our portfolio into unicorns in the near future. In addition, we expect at least six IPOs by 2027.”