Thayer Ventures

Profile

Based in San Francisco, Thayer Ventures (Thayer) invests in technology companies that focus on the travel and transportation industries. These industries, which represent more than $10 trillion in annual global economic activity, are thriving with entrepreneurial activity due to disruptive changes within these sectors that began more than a decade ago. Recent consumer trends have accelerated this disruption for operators, creating unprecedented opportunities for technology providers to make significant inroads into what was previously a closed market. Additionally, travel, hospitality, and transportation suppliers have been dealing with massive shifts in travel planning, organizing and transportation booking driven by the Internet and social media platforms. As a result, these industries are being forced to rapidly deploy new technologies in order to exploit the opportunities created by this shifting consumer behavior. The combination of these factors has created a unique environment for innovative technology providers to make significant inroads into this massive, growing, and evolving marketplace.