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Thayer Ventures Acquisition Corporation

0.0113
-0.0017 (-13.08%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 0.013
Day's Range: 0.009 - 0.0123
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Thayer Ventures Acquisition Corporation is a special purpose acquisition company (SPAC) that was formed in 2021 with the aim of acquiring a technology company in the travel and hospitality sector. The company is led by a team of experienced executives and investors, including co-founder and CEO Fred Reid, who was previously the founding CEO of Virgin America and president of Delta Air Lines.

Thayer Ventures Acquisition Corporation raised $172.5 million in its initial public offering in March 2021, and is listed on the Nasdaq under the ticker symbol TVACU. The company has a two-year window to identify and acquire a target company, and has stated that it will focus on businesses that are leveraging technology to transform the travel and hospitality industry.

Thayer Ventures Acquisition Corporation is affiliated with Thayer Ventures, a venture capital firm that specializes in investing in technology companies in the travel and hospitality sector. Thayer Ventures has a track record of successful investments in companies such as Airbnb, HotelTonight, and TourRadar.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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