Using our extensive experience and industry knowledge,
we help companies achieve their goals.
About Us
TCP Venture Capital is a Baltimore, Maryland-based early-stage technology focused
venture capital firm. We partner with entrepreneurs to build great businesses.
The Propel Baltimore Fund makes investments in early-stage technology companies willing to locate in Baltimore. The Fund addresses the critical need for more early-stage capital in Baltimore City, encourages more entrepreneurial activity in the City, creates more high-paying jobs, and helps to realize Baltimore City’s full potential as a destination for growing businesses.
Our Team
TCP Venture Capital is managed by a team with over 140 years of combined experience.
TCP Venture Capital has assembled a world-class advisory board with decades of relevant experience.
700+ Employees
$300,000,000 Follow on Funding
17+ Active Portfolio Companies
Our Portfolio
Investment Thesis
The severe undercapitalization of post-Series Seed companies in Baltimore
City represents an attractive opportunity for investment.
- A high concentration of human capital, particularly in burgeoning industries such as education technology, healthcare, and cybersecurity.
- A wide breadth of promising technologies emerging from research universities and federal laboratories in the region.
- A number of unique state funding resources that mitigate risk by advancing technologies to commercially viable stages
The Propel Baltimore Fund addresses the critical need for more early-stage capital in Baltimore City. It is our belief that venture-stage businesses represent an attractive investment opportunity that, when proper due diligence is applied, can produce superior returns on invested capital.
We believe that Baltimore has a number of unique attributes that enable companies based in the city to thrive.
We believe that these unique attributes present Propel with an opportunity to help encourage more entrepreneurial activity within Baltimore City, while also generating attractive returns for our investors.
The Propel Baltimore Fund
Makes investments in high-growth, early-stage technology companies committed to
headquartering in Baltimore City.
Investment Criteria
We’re investing in Baltimore’s best technology companies.

Geography
Located in Baltimore City or committed to
headquartering in Baltimore City.

Investment Duration
Typically 5 years to exit or sale.

Industry Focus
Technology companies that meet
duration & business plan criteria.

Business Plan
High-growth, scalable, and
capital efficient.

Structure
Typically convertible debt or
preferred stock.

Involvement
Active minority investors; typically
require a board observer seat.

Stage of Development
Early revenue or have a product or
service that can be evaluated for
commercial readiness.

Style
Lead or value-added co-investor.

Employment
Creates full-time jobs in Baltimore
City with living wages and benefits.
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