Skip to content
Home/GPs/Telegraph Hill Capital
Telegraph Hill Capital

Telegraph Hill Capital

Barcelona, Spain·Founded 2007··thcap.com

Early-stage B2B software venture capital firm founded in 2007 by Luis Gutierrez Roy, leading seed and pre-seed rounds across North America and Western Europe from offices in Barcelona and San Francisco. The firm invests in capital-efficient B2B startups in verticals such as logistics, proptech, agri, retail, food, education, health, fintech, future-of-work and cybersecurity, and reports a portfolio of roughly 60 companies.

AUM
Funds
2
vintages 2012–2018
Portfolio
26
Exits
12

Key facts

HQBarcelona, Spain
Founded2007
Websitethcap.com

Recent exits

Sendspark
Sendspark
SaaS2025 · 2yr hold
QuoteMachine
SaaS2024 · 3yr hold
Claim Compass
Claim Compass
LegalTech2024 · 5yr hold
Marti
Marti
Mobility2023 · 4yr hold

Coverage notes

2 funds tracked, 38 portfolio companies (26 active · 12 realized). Verified weekly from public filings and deal announcements.

Sector breakdown

38 companies
SaaS
7 · 18%
Fintech
4 · 11%
LegalTech
3 · 8%
AdTech
3 · 8%
PropTech
2 · 5%
Logistics
2 · 5%
E-commerce
2 · 5%
HealthTech
2 · 5%

Funds & portfolio

Every fund Telegraph Hill Capital has raised, with its portfolio companies. Hand-checked from public filings.

2 funds
THCAP IIVCHarvesting
2018 · 8yr25 active · 5 realized

Unrealized

25 held
Apartool
ApartoolActive
PropTechSpain· Entry 2023
Approveit
ApproveitActive
SaaSUnited States· Entry 2024
Bigle Legal
Bigle LegalActive
LegalTechSpain· Entry 2018
Brickbro
BrickbroActive
PropTechSpain· Entry 2021
Evolia
EvoliaActive
HR TechCanada· Entry 2022
Future Money
Future MoneyActive
FintechUnited States· Entry 2024
Gallea
GalleaActive
E-commerceCanada· Entry 2021
Glowtify
GlowtifyActive
AdTechCanada· Entry 2025
JetscaleActive
Cloud InfrastructureCanada· Entry 2026
LeyaActive
LegalTechSweden· Entry 2023
Loyal Guru
Loyal GuruActive
AdTechSpain· Entry 2020
Nuel
NuelActive
AgTechUnited States· Entry 2025
Planned
PlannedActive
Business ServicesCanada· Entry 2020
Provect.ai
Provect.aiActive
MedTechUnited States· Entry 2024
Rabot
RabotActive
AI/MLUnited States· Entry 2024
Recovo
RecovoActive
E-commerceSpain· Entry 2022
SolarMenteActive
ClimateTechSpain· Entry 2021
StampedActive
AdTechCanada· Entry 2022
Streamforge
StreamforgeActive
GamingCanada· Entry 2023
Taclia
TacliaActive
SaaSSpain· Entry 2020
UnDosTresActive
FintechMexico· Entry 2022
Vasco
VascoActive
SaaSCanada· Entry 2025
Vessel
VesselActive
FintechUnited States· Entry 2025
Virtus Solis
Virtus SolisActive
EnergyUnited States· Entry 2024
Walaw
WalawActive
HealthTechCanada· Entry 2026

Realized

5 exits
ChewseExited 2020
FoodTechUnited States· Entry 2015
Trade Saleto
FleetExited 2020
LogisticsUnited States· Entry 2016
Trade Saleto
Marti
MartiExited 2023
MobilityTurkey· Entry 2019
IPO
QuoteMachineExited 2024
SaaSCanada· Entry 2021
Trade Saleto
Sendspark
SendsparkExited 2025
SaaSUnited States· Entry 2023
Trade Saleto
Telegraph Hill Capital Fund IVCHarvesting
2012 · 14yr1 active · 7 realized

Unrealized

1 held
Apptopia
ApptopiaActive
Data & AnalyticsUnited States· Entry 2016

Realized

7 exits
CaptioExited 2018
FintechSpain· Entry 2013
Trade Saleto
Chronogolf
ChronogolfExited 2019
SaaSCanada· Entry 2014
Trade Saleto
Claim Compass
Claim CompassExited 2024
LegalTechBulgaria· Entry 2019
Trade Saleto
ClutterExited 2023
LogisticsUnited States· Entry 2019
Trade Saleto
LettuceExited 2014
SaaSUnited States· Entry 2012
Trade Saleto
RingadocExited 2014
HealthTechUnited States· Entry 2013
Trade Saleto
ZaptionExited 2016
EdTechUnited States· Entry 2015
Trade Saleto
Track Telegraph Hill Capital

Saved GPs appear in your watchlist, one click from your workspace.

Get the full picture on Telegraph Hill Capital.

Free. No credit card. 30 seconds. Exit buyers and MOIC on Pro.

Save this GP to your watchlist
Saved searches that re-run your sourcing filters in one click
Geography breakdown across 7 geographies
Exit buyers and MOIC on every realized deal (Pro)
Export, compare GPs side by side (Pro)
or
Continue with email

Already a member? Sign in

Look up another firm or company
Last updated August 2026 · Sourced from public filings · Report an issue