Firm overview
TXV Partners is a Texas-based, early-stage venture capital firm with a presence in Montana, backing founders from seed to Series B stages. Marcus Stroud and Brandon Allen, co-founders and managing partners of TXV Partners, met at Princeton, where they became inspired to build something together from their first day on campus. Marcus and Brandon are on a mission to build a new paradigm in venture capital. They envisioned a diverse-led fund, based in Texas, that could prove that investing in a wider variety of geographies and entrepreneurs would allow them to stand toe-to-toe with long-established firms elsewhere, as well as generate returns for their limited partners.
Marcus and Brandon made the decision to co-found TXV Partners in 2018, a few years after their Princeton graduation. Along the way, Marcus started investing in venture deals at the Dallas-based Clubhouse Investment Group, a firm built for professional athletes to co-invest with top-tier investors. Today, TXV has a network that spans the country and includes professional athletes, Fortune 500 leaders, politicians, and private equity leaders.
Firm strategy
TXV invests in enterprise software and consumer products and services, with a particular focus on human performance. Leveraging their backgrounds in finance and consulting, as well as their networks across professional sports and investing, the TXV Partners team describes the resources they will bring to bear on their portfolio companies this way: “We’re a young firm with global ambitions—and we have tapped into our unique networks to create a group of advisors, board members, and venture partners behind us. We believe that putting a team together that can both maximize the wellsprings of youthly ambition and hard-won experience will allow us to source, vet, and empower companies that have big missions to change the sectors in which they operate.”
Why we invested
We were impressed by TXV’s network; the extent of the partners’ investment experience, which they gained in a relatively short period; and the firm’s commitment to inclusion and diversity. Marcus and Brandon have a strong perspective on what it will take to build a venture capital firm, and they are intent on doing so in Texas. The venture capital industry benefits when new firms are established beyond the coasts, because opportunities in innovation are geographically diverse. Marcus and Brandon are young, tenacious, and driven. We look forward to backing them as they become leaders in the next generation of venture investors.