Formed in 2006, Tugboat Ventures launched its inaugural fund with more than $43 million in commitments from 13 investors. The firm was founded by David Whorton, a former general partner at Texas Pacific Group Ventures and an associate at Kleiner Perkins Caufield & Byers. Tugboat focuses on seed and early-stage ventures and emphasizes a mentoring relationship with venture companies. The vast majority of the firm's investments are incubation through Series A.
Tugboat Ventures Team