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TPG

345 California Street Suite 3300, San Francisco, CA, 94104, United States

Overview

TPG is a global alternative asset manager that focuses on innovation. It manages a portfolio of active companies in various countries. It serves technology, healthcare, and impact investing industries.

Total investments
105
Lead investments
59
Investments · 12mo
11
Active investors
20

Sector focus

  • Asset Management
  • Digital Media
  • Financial Services
  • Real Estate Investment
  • Renewable Energy
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Investment portfolio

  • Super.com

    Led · Series D · Jul 2026

    Super.com operates a membership-based savings platform (Super+) that charges $15 per month and provides members discounts on hotels of up to 40%, cashback on purchases, prescription discounts, cash advances, and tools to build credit. The company started in 2016 as SnapTravel and pivoted into a broader savings app targeting everyday Americans. Super+ is approaching one million members and the company reports it has helped users save over $1 billion. Financially, Super.com surpassed $200 million in net revenue, grew more than 50% year-over-year, and has turned profitable. The company has about 300 employees and has added senior hires such as Ryan Fujiu (product) and Michele Lee (general counsel). It has also entered partnerships like becoming NASCAR’s official savings partner to reach its target customer base.

  • The Deployment Company

    Led · Equity · May 2026

    The Deployment Company is a joint venture controlled by OpenAI and backed by 19 investors including major private equity firms and strategic partners. It is structured to combine OpenAI’s software with the distribution and portfolio access of private equity participants to accelerate enterprise AI deployment. The joint venture was valued at $10.0 billion before the new investment and raised over $4.0 billion in the reported transaction. Named investors include TPG, Brookfield Asset Management, Advent, Bain Capital, Dragoneer and SoftBank, alongside several consultancies. The firm aims to leverage the investors’ access to more than 2,000 companies to drive adoption of OpenAI’s tools. The raise follows significant recent financings involving OpenAI and comes as competitors such as Anthropic pursue similar partnerships.

  • Zum

    Led · Equity · Apr 2026

    Zum builds the Connected Mobility Experience (CMX), a unified digital platform that combines dispatch, safety monitoring, routing, and parent communication to manage school bus operations in real time. The company operates in more than 4,500 schools across 17 U.S. states, including large districts such as Los Angeles Unified, Boston Public Schools, and San Francisco Unified. Zum says CMX has delivered measurable operational improvements for districts, including higher on-time performance and reductions in transportation costs through route optimization. The company positions CMX as a category-level operating system for school transportation in a roughly $50 billion student transportation market. Zum plans to use new capital to expand CMX deployment, scale its AI routing and fleet-optimization capabilities, and strengthen infrastructure for large-scale transportation networks. Following the $100 million investment from TPG’s Rise Funds, Zum has raised $430 million in total capital and is valued at $1.7 billion.

  • Convene

    Led · Equity · Apr 2026

    Convene Hospitality Group operates a house of hospitality brands—including Convene, etc.venues, and NeueHouse—offering dedicated meetings, events, and boutique hospitality spaces with design-forward venues, production capabilities, and chef-driven cuisine. Launched in 2009 and headquartered in Manhattan, the company positions itself as the largest provider of dedicated meetings and event venues in the U.S. and UK. Convene emphasizes human-centered service, performance-focused operations, and advanced production and design capabilities. With the new $230 million financing, Convene plans to accelerate global expansion through new development, technology and production investment, and selective acquisitions. The company has slated New York City openings in 2026, including a Convene in the Scholastic Building in SoHo and immersive venues The Aperture and The Mallory.

  • Cambridge Mobile Telematics

    Led · Equity · Mar 2026

    Cambridge Mobile Telematics operates a vertically integrated telematics platform that applies AI to driving data from smartphones, IoT devices, and connected vehicles to detect crashes, assess risk, and score driver behavior. Its DriveWell Atlas AI models and Universal Driving Score are central products used to provide real-time crash detection and personalized feedback. The company supplies technology for major programs such as State Farm’s Drive Safe & Save and has customer relationships with insurers including State Farm and Allianz. CMT reports its platform has helped prevent an estimated 100,000 crashes across 25 countries. With the new strategic funding and commercial agreements with Allianz Group entities, CMT plans to scale its global road safety platform and accelerate adoption of its scoring and AI models. The company is led by co-founder and CEO William V. Powers and is based in Cambridge, MA.

Team

  • Jim Coulter

    Co-Founder and Founding Partner

    LinkedIn
  • Kelvin L. Davis

    Partner and Founder

    LinkedIn
  • David Bonderman

    Chairman and Founding Partner

  • William S. Price

    Founder