# Thomson Reuters Ventures

Thomson Reuters Ventures is a Venture Capital based in Eagan, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Eagan, United States
- **Region:** North America
- **Address:** 2900 Ames Crossing Road Suite 100, Eagan, MN 55121, United States
- **Founded:** 1971
- **Assets under management:** 1511 (Altss estimate)
- **Website:** www.thomsonreuters.com
- **LinkedIn:** https://www.linkedin.com/company/trventures

## Regulatory record

- **Reports private funds:** No

## About

Thomson Reuters Ventures operates as the venture capital program of the Thomson Reuters Pension Fund, which was established in 1971 to deliver defined-benefit retirement payments to employees of the parent corporation. The program is led by Managing Director Tamara Steffens. The strategy centers on early-stage and seed investments in legal technology, fintech, and AI-enabled tools. Ticket sizes range from $4M to $7M. Confirmed holdings include Spellbook in Canada, Contents.com in Italy, Payflow in Spain, and DataGrail and Truewind in the United States. The geographic footprint covers the United States, Canada, the United Kingdom, Italy, and Spain. Co-investment occurs alongside LegalTech Fund. The team numbers eight professionals. The parent maintains a foundation established in 1983 that focuses on media freedom and human rights. In November 2024 the firm served as a speaker at the Trust Conference in London on topics of AI governance. Ownership flows through Woodbridge Company, the Thomson family holding vehicle that controls 53 percent of Thomson Reuters Corporation. This structure separates the pension and venture activities from the listed parent while retaining corporate oversight of capital allocation.

## Sectors

- Venture Capital
- Legal Technology
- FinTech
- AI

## People

- Tamara Steffens — Managing Director
- Joseph Dormani — Partner
- Taneli Ruda — Head of Strategy and Corporate Development

## Questions

### Who runs investment decisions at Thomson Reuters Ventures?

Tamara Steffens serves as Managing Director. Joseph Dormani acts as Partner and Taneli Ruda oversees strategy and corporate development for the parent.

### Does Thomson Reuters Ventures participate in fund commitments or only direct deals?

The program executes direct investments and co-investments. It maintains a co-investor relationship with LegalTech Fund.

### What investment stages does Thomson Reuters Ventures typically target?

The mandate covers seed through early-stage and growth rounds. Ticket sizes fall between $4M and $7M.

### Which sectors does Thomson Reuters Ventures focus on?

Primary sectors include legal technology, fintech, AI content tools, and compliance technology. Holdings span the United States, Canada, the United Kingdom, Italy, and Spain.

### How is Thomson Reuters Ventures related to Thomson Reuters Corporation?

The ventures program sits inside the Thomson Reuters Pension Fund, itself a corporate entity of Thomson Reuters Corporation. Woodbridge Company holds 53 percent of the listed parent.

## Related profiles

- [PwC Retirement Benefit Accumulation Plan](https://altss.com/profile/retirement-benefit-accumulation-plan-for-employees-of-pricewaterhousecoopers)
- [Woori Savings Bank](https://altss.com/profile/woori-savings-bank)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/thomson-reuters-ventures

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology