The strategy for the Millennium franchise was launched by co-Founders Sam Schwerin and Dan Burstein in 2002. Over the last two decades, Millennium Technology Value Partners has backed many of the most significant technology companies of our times, from Facebook to Twitter, from Alibaba to Zappos. Our core initiative is to identify extraordinary companies, design the right investment format, and actively drive value creation. Entrepreneurs looking for growth capital and shareholders looking for secondary liquidity value Millennium as a trusted partner.
"We are witnessing a new period of extraordinary growth and value creation by leading technology companies. Millennium's Funds have long been designed to supply these best of breed companies with flexible solutions to all their capital needs."
Sam Schwerin, Managing Partner
Millennium Technology Value Partners
Millennium Technology Value Partners Funds (TVP)
Over the last two decades, Millennium has been a pioneer, innovator, and leader in partnering with the world’s best technology companies to design investment structures that foster long-term growth, from primary capital to debt alternatives, acquisition capital and secondary liquidity. Some of those companies have included Facebook, Twitter, Zappos, Pinterest, Alibaba, Chegg, Spotify, BigCommerce and Sunrun. Today the Millennium Technology Value Partners family of funds manages in excess of $1 billion.
As entrepreneurs ourselves, we commit to supporting TVP portfolio companies through all stages of their life cycle. On average, Millennium has invested in each portfolio company more than ten times, including in all but one of its portfolio company IPOs over the past two decades, and frequently investing additional capital in support of great companies post-IPO. Simply put, there are not funds more flexible in support of growing companies than Millennium’s TVP funds.
Millennium New Horizons (MNH)
Millennium's deep tech initiative uncovering and building value in disruptive technology companies.
The MNH family of funds were established in 2018 and are managed by Partner Ray Cheng, focusing on investments in themes surrounding AI, Machine Learning, Autonomous Machines, Robotics, and Sensors that are creating value at a rapid pace. We take an active approach, connecting companies with strategic partners and investors to accelerate value creation. Some of our companies making waves at the leading edge of technology include Joby (air taxis), Deep Instinct (deep learning-based cybersecurity), Plus (autonomous trucking) and May Mobility (autonomous shuttles).