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Telegraph Hill Capital

Barcelona, Spain · Invests in US; Europe; North America; LATAM · Website

Pre-SeedSeedE-commerce & MarketplacesB2B SaaSAI & Machine LearningCybersecuritySales & Marketing TechFintechEnterprise SoftwareFintech & PaymentsHR Tech & Future of WorkReal Estate & PropTechLogistics & Supply ChainMarketing & AdtechSecurity & CybersecurityLegal & Regtech

Thesis

We back entrepreneurs obsessed with solving big problems using capital-efficient technology. We focus on early-stage tech startups in North America and Western Europe building game-changing B2B software across fintech, logistics, proptech, HR tech, legal tech, and cybersecurity.

Likely not a fit for

Not focused on consumer social, gaming, or deep hardware. Avoids capital-intensive business models without clear path to efficiency.

How they invest

Lead or follow
Usually leads
Typical decision
~2 weeks
Warm intro
Not required
Involvement
Takes a board seat
Fund status
Actively deploying
Decision process
Partnership vote

Partners & team

14 contacts on file

VD

Varun Dalal

General PartnerGeneral Partner · Primary contact

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v•••@th•••.com

LinkedIn profile

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LG

Luis Gutierrez Roy

PartnerPartner

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l•••@th•••.com

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LG

Luis Gutiérrez Roy

General PartnerManaging Partner

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TA

Taryn Andersen

InvestorInvestor Relations

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JT

Joan Taule

Venture PartnerVenture Partner

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IP

Ignasi Puig

Venture PartnerVenture Partner

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CA

Carl Agers

Platform & OpsVenture Advisor

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VD

Víctor del Pozo

Platform & OpsVenture Advisor

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SM

Santi Minguito

Platform & OpsVenture Advisor

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JD

Javier Dolcet

Platform & OpsVenture Advisor

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TU

Trevor Ulbrick

Platform & OpsVenture Advisor

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TR

Tess R. Suchoff

Platform & OpsVenture Advisor

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TH

Tod Hynes

Platform & OpsVenture Advisor

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PR

Prasad Ram

Platform & OpsVenture Advisor

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Portfolio

ClutterLogistics Supply Chain

Clutter provides moving and storage solutions, offering affordable storage units and facilities in various locations.

Talent.comEnterprise Software

Talent.com is a job search and recruitment platform that connects job seekers with over 40 million job listings across 78 countries, offering tools for employers to optimize their hiring processes.

The BouqsEcommerce Marketplaces

The Bouqs Co. offers farm-fresh flower bouquets for various occasions with dependable delivery options.

ChronogolfEcommerce Marketplaces

Chronogolf is a platform that connects golfers with over 1,800 golf courses, offering discounted tee times and the ability to book online. It provides a user-friendly experience for golfers to discover courses and manage their bookings efficiently.

StampedEcommerce Marketplaces

Stamped is a retention platform that guides customers to their next purchase. We automate post-purchase interactions to deliver delightful, personalized experiences at scale—from collecting high-quality reviews to personalizing loyalty programs to streamlining lifecycle flows.

SendSparkEnterprise Software

Sendspark is a video platform that allows users to record and share personalized videos, leveraging AI technology to enhance sales outreach and customer engagement.

GlowtifyMarketing Adtech

Glowtify is an AI Marketing Operating System that helps businesses enhance their marketing strategies through advanced analytics and personalized content delivery.

PayflowFintech Payments

Payflow is a service in Spain offering flexible payment solutions and benefits for employees, including a mobile app for instant wage access and a card for savings and benefits.

LeyaLegal Regtech

Leya, now known as Legora, is a collaborative AI platform designed to streamline legal workflows, enabling lawyers to focus on high-value tasks by automating routine processes such as document review, drafting, and legal research.

CobaltSecurity Cyber

Cobalt is a modern offensive security platform that specializes in penetration testing as a service (PTaaS), offering a continuous program of testing, fix validation, and strategic guidance.

EvoliaEnterprise Software

Evolia is a workforce management software company that provides solutions for recruiting, employee scheduling, time and attendance tracking, task management, leave management, and communications for shift-based teams.

BucketlistEnterprise Software

Bucketlist Rewards helps companies build customizable recognition programs to enhance workplace culture and employee engagement.

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Research briefRead more
Telegraph Hill Capital (THCAP) Research Investment Thesis Telegraph Hill Capital (THCAP) is an early-stage venture capital firm founded in 2007 by Luis Gutiérrez Roy, headquartered in Barcelona with additional offices in San Francisco, London, and Miami. The firm backs founders obsessed with solving big problems using capital-efficient technology, with an entrepreneurial DNA and hands-on approach

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