Thai Venture Capital Association

What Thai Venture Capital Association does

Thai Venture Capital Association (TVCA) is a Bangkok-based, non-profit industry association founded in 1994 that represents Thailand's venture capital and private equity community. Its members consist of leading Thai and international VC and PE firms (Ordinary Members) and related service providers such as law, accounting, and financial advisory firms (Extraordinary Members). TVCA operates as the primary convening body between the Thai VC/PE industry, government, and the broader startup ecosystem, providing policy advocacy, networking events, and educational resources.

TVCA's product surface centers on a two-tier membership service (THB 20,000/year for Ordinary Members; THB 10,000/year for Extraordinary Members, both excluding VAT), supplemented by published educational resources including the "A Model and Guide to Term Sheet: Thailand Venture Deals" (co-developed with the Thailand Tech Startup Association and Baker McKenzie Thailand), the Investors Survey 2018 (with the National Innovation Agency and Kasikorn Research Center), the Thai Startup Founders Survey 2016, and the 2025 Maturation Map regional governance benchmark launched jointly with SVCA, Amvesindo, VPCA, and MVCA. Event programming includes the inaugural Venture World 2019 tech investor summit and co-promotion of regional conferences.

TVCA's revenue is generated entirely through recurring annual membership dues across its two tiers; the organization is privately funded by members and operates from a single Bangkok headquarters housed within N-Vest Venture's office space. Distribution is direct (website enrollment, phone/email intake) and channels include a website, four social media platforms, SlideShare, and event programming. There is no disclosed headcount, no funding history, no subsidiaries, and no M&A activity; TVCA is an institutional industry body rather than a venture-backed operating company.

Name

Thai Venture Capital Association

Legal name

Thai Venture Capital Association

Website

https://tvca.or.th

Company type

Private

Founded year

1994

Operating status

Operating

Ownership category

akta.pro rank

Product category

Industry Association Services (Venture Capital and Private Equity)

NAICS

Professional Organizations (81392), Business, Professional, Labor, Political, and Similar Organizations (8139)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Technical Committees, Working Groups & Expert Panels (BPADANAB)

akta.pro secondary industry

Association & Society Conference Management (Nonprofit, Professional Bodies) (THAHACAA)

Keywords

• Venture capital association
• Private equity network
• Startup ecosystem support
• Industry advocacy and policy
• Investor education resources

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Ordinary Membership Fees: Annual membership fees from venture capital and private equity firms (juristic persons operating VC business). Fee is charged at 20,000 THB per year plus VAT.
2. Extraordinary Membership Fees: Annual membership fees from non-juristic persons and juristic persons operating businesses relating to venture capital such as law firms, financial advisory firms, and accounting firms. Fee is charged at 10,000 THB per year plus VAT.

Pricing tiers

Distribution channels2 records

Marketing channels9 records

Core offering

Thai Venture Capital Association (TVCA) is a non-profit industry association that delivers membership services to Thai and international venture capital and private equity firms and to related service providers such as law, accounting, and financial advisory firms. It supplements membership with educational publications (term sheet guides, investor and founder surveys), industry events (notably Venture World 2019), and policy advocacy in coordination with the Thai government and public sector. Revenue comes from annual Ordinary and Extraordinary membership fees, with activities funded through these dues and collaborative partnerships.

Product overview

TVCA is an industry association serving Thailand's venture capital and private equity ecosystem. The organization provides membership services to VC/PE firms and related businesses, along with educational publications including the Term Sheet Guide, investor surveys, and governance frameworks. TVCA also organizes industry events and conferences to foster networking and knowledge sharing within the Southeast Asian startup ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

• TVCA Membership Annual membership program for VC/PE firms and related service providers. Ordinary Membership is for juristic persons operating venture capital or private equity business (20,000 THB annual fee plus VAT). Extraordinary Membership is for non-juristic persons or juristic persons operating businesses relating to venture capital such as law firms, financial advisory firms, and accounting firms (10,000 THB annual fee plus VAT). Members receive access to the TVCA network, free entry to private investor events, and educational resources.
• A Model and Guide to Term Sheet: Thailand Venture Deals A free model document providing a friendly walkthrough and unbiased view on commonly found terms in venture capital financing transactions in Thailand. Co-developed with Thailand Tech Startup Association (TTSA) and reviewed by Baker McKenzie Thailand for accuracy under current Thai regulations.
• Investors Survey 2018 Research report exploring the profile and opinion of local and international investors based in Thailand on topics including fund profile, fund deployment, evaluation metrics, and Thailand ecosystem opinions. Produced in collaboration with the National Innovation Agency (NIA) and Kasikorn Research Center.
• Venture World 2019 Thailand's first tech investor summit, part of Startup Thailand 2019 conference at True Digital Park, convened by TVCA in collaboration with the National Innovation Agency (NIA). Attended by over 100 guests from more than 60 local and international organizations including VC firms, corporate VCs, and startups.
• Thai Startup Founders Survey 2016 Research report exploring the background and opinions of 30 founders and co-founders of technology startup companies based in or focusing on Thailand, covering founders' background, company profile, and Thailand ecosystem opinions.
• The Maturation Map: Corporate Governance in Southeast Asia Private Markets A regional benchmark for startup governance in Southeast Asia, providing a tiered governance framework, practical steps for investors, founders, and advisors, and tools to prevent fraud and boost board effectiveness. Co-developed by five leading VC associations: SVCA (Singapore), Amvesindo (Indonesia), TVCA (Thailand), VPCA (Vietnam), and MVCA (Malaysia).

Named customers20 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and supporting.

• SVCA (Singapore Venture Capital & Private Equity Association)coreStrategic or Co-development Partner · 17 April 2025SVCA, TVCA, and three other Southeast Asian VC associations (Amvesindo, VPCA, MVCA) launched the 'Maturation Map' - a regional benchmark for startup governance in Southeast Asia. This initiative addresses corporate governance in private markets across the region.
• Amvesindo (Indonesia)coreStrategic or Co-development Partner · 17 April 2025Amvesindo joined SVCA, TVCA, VPCA, and MVCA in launching the 'Maturation Map' - a regional benchmark for startup governance in Southeast Asian private markets.
• VPCA (Vietnam Private Equity Association)coreStrategic or Co-development Partner · 17 April 2025VPCA joined SVCA, TVCA, Amvesindo, and MVCA in launching the 'Maturation Map' - a regional benchmark for startup governance in Southeast Asian private markets.
• MVCA (Malaysia Venture Capital Association)coreStrategic or Co-development Partner · 17 April 2025MVCA joined SVCA, TVCA, Amvesindo, and VPCA in launching the 'Maturation Map' - a regional benchmark for startup governance in Southeast Asian private markets.
• Thailand Tech Startup Association (TTSA)coreStrategic or Co-development Partner · 16 August 2019TTSA and TVCA co-developed 'A Model and Guide to Term Sheet: Thailand Venture Deals' as public resources for the local startup community. This model document provides a friendly walkthrough and unbiased view on commonly found terms in VC financing transactions. The guide was first published in 2018 and updated in December 2019 to reflect changing industry preferences and practices.
• Baker McKenzie ThailandsupportingImplementation/ SI/ Consulting Partner · 1 January 2019Baker McKenzie Thailand provides legal review and assistance for TVCA's term sheet guide projects to ensure accurate information in the context of current Thai regulations. They also attended Venture World 2019.
• National Innovation Agency (NIA)coreStrategic or Co-development Partner · 1 January 2018NIA collaborated with TVCA on the Investors Survey 2018 report, which explores the profile and opinion of local and international investors based in Thailand on various topics including fund profile, fund deployment, evaluation metrics, and Thailand ecosystem opinions. NIA also partnered with TVCA on Venture World 2019, Thailand's first tech investor summit.
• Kasikorn Research CentersupportingStrategic or Co-development Partner · 1 January 2018Kasikorn Research Center collaborated with TVCA and National Innovation Agency on the Investors Survey 2018 report to provide research and analytics on investor profiles and Thailand ecosystem.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• AIMA (Alternative Investment Management Association): Global hedge fund and private markets industry association. Operates in adjacent private markets space with a global membership and policy advocacy remit, comparable to TVCA's ecosystem role but with a much broader, non-association-of-associations scope.

Emerging players

• NVCA (National Venture Capital Association, US): US-based VC industry association. Functional analogue in terms of advocacy, model documents (term sheet guidance), and data/research — useful as a structural comparable for what TVCA could aspire to in Thailand/SEA, though NVCA operates at vastly greater scale.
• AVCAL (Australian Investment Council, formerly Australian Venture Capital Association): Australia's national private capital industry association. Functionally analogous to TVCA — a membership body representing VC/PE firms and providing industry advocacy and benchmarking — though geographically distant and not a direct competitor in Thailand.
• BVCA (British Private Equity & Venture Capital Association): UK's private capital industry association. Functionally analogous maturity benchmark for TVCA — sets industry standards, publishes research, and advocates on policy — though based in a far more developed market and operating at a much larger scale.

Direct peers

• VPCA (Vietnam Private Capital Association): Vietnam's national VC/PE industry association. Direct peer to TVCA — equivalent membership structure, regional governance alliance partner on the Maturation Map.
• SVCA (Singapore Venture Capital & Private Equity Association): Singapore's national VC/PE industry association. Most direct functional peer to TVCA — both are membership-based bodies serving VC/PE firms, both organize flagship events, and they are co-launchers of the Maturation Map regional governance initiative.
• MVCA (Malaysia Venture Capital & Private Equity Association): Malaysia's national VC/PE industry association. Direct peer to TVCA — same industry-association model, co-partner on the regional Maturation Map initiative.
• Amvesindo (Indonesian Venture Capital & Private Equity Association): Indonesia's VC/PE industry association. Direct functional peer to TVCA: same membership model, same ecosystem-development mandate, and co-partner on the Maturation Map initiative.

Regional players

• HKVCA (Hong Kong Venture Capital and Private Equity Association): Hong Kong's VC/PE industry association. Regional peer operating in Asia with a similar membership and advocacy model, but anchored in a different (more finance-hub-oriented) ecosystem rather than direct head-to-head competition with TVCA.

Others

• Singapore Investment Council (MAS / SGX ecosystem): Singapore's financial regulatory and policy infrastructure. Tangentially related as the policy counterpart to TVCA's Thailand government-advisory role — provides a benchmark for how public-private engagement in private markets can be structured.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Thai Venture Capital Association