FTV was an early partner to companies at the Intersection of financial services and technology. We continue to help exceptional companies anticipate and meet evolving market demand.
In 1998, as the financial services industry was beginning to channel the power of the Internet, our founders, Jim Hale, Bob Huret and Richard Garman, sought to leverage deep connections from their financial services careers to aid entrepreneurs with innovative technology and service offerings targeted at the corporate enterprise.
Known then as FTVentures (Financial Technology Ventures), we began cultivating this strategic network of executives who shared exceptional market insight into the pain points and opportunities that enterprises were facing. Armed with this information, we invested in high-growth companies that were delivering solutions to meet these enterprise needs. We then tapped these strategic connections to open doors and accelerate commercial opportunities for our portfolio companies.
In 2008, we renamed our firm FTV Capital to better reflect our growth equity strategy. Since our founding, we have raised $6.2 billion across seven funds and invested in over 140 high-growth companies, creating more than $40 billion in enterprise value. We attribute that success to our persistent work to harness the value of our deep domain expertise and our strategic connections, now called the Global Partner Network, to deliver transformative growth opportunities to our portfolio companies across our consistent core sectors of enterprise technology and services and financial technology and services.