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Synopsis
TCV, a growth equity firm known for supporting enduring consumer technology brands, completed an investment in onX, a provider of digital outdoor navigation and mapping software, with participation from Cross Creek. Financial terms were not disclosed. "Over the last three years, onX has nearly tripled its ARR and become the most trusted digital guide for adventurers nationwide. Partnering with TCV and drawing on their experience scaling iconic tech companies like Netflix, Strava, and Spotify will help accelerate our momentum as we continue to deliver more meaningful and immersive experiences," Laura Orvidas, onX CEO.
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