True Ventures

Investor type

VC

Founded

2005

AUM

$2 000 M

Location

United States

$10-50 m

Investment Ticket

3-5 years

Investment Horizon

Seed, Series B

Investment Stage

Sale to strategic investor, IPO

Exit Strategy

Investor profile last updated: 31 January, 2026

Profile

Founded in 2005, True Ventures is a Silicon Valley-based venture capital firm that invests in early stage technology startups. With more than $2 billion under management, True provides seed and Series A financing to entrepreneurs in today’s fastest growing markets. The True team believes creativity flourishes when founders are supported fully and empowered to pursue brave ideas. To that end, the firm offers programs that inspire both professional and personal growth. To date, True has helped more than 250 companies launch and scale their businesses, creating over 10,000 jobs worldwide.



True is led by partners Jon Callaghan, Phil Black, Puneet Agarwal, Tony Conrad, Toni Schneider, Om Malik, Adam D'Augelli, Rohit Sharma, Amy Errett, Ann Crady Weiss, Kevin Rose, and Design Partner Jeff Veen. Across the team, True partners have founded more than 25 companies.



The firm’s notable realizations include: Fitbit, IPO (NYSE:FIT); Duo Security, acquired by Cisco; Ring, acquired by Amazon; Blue Bottle Coffee, acquired by Nestlé; BrightRoll, acquired by Yahoo; Connectifier, acquired by LinkedIn/Microsoft; Evident.io, acquired by Palo Alto Networks; ScreenHero, acquired by Slack; and Caspida, acquired by Splunk.

Industry

Fintech Healthcare Services Internet and Web Services IT Services Other SaaS Education Edtech Fashion/Beauty Financial Services Food and Beverage Foodtech Gaming Marketing and Advertising Media and Entertainment Real Estate Robotics Security Software Sports/SportsTech Telecommunications Transportation Travel MedTech Energy LegalTech HealthTech AdTech TravelTech

Region of investment

North America Europe Africa Asia

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FAQs about True Ventures

True Ventures is located in United States.
True Ventures was founded in 2005.
True Ventures invests in companies and startups in Fintech, Healthcare Services, Internet and Web Services, IT Services, Other, SaaS, Education, Edtech, Fashion/Beauty, Financial Services, Food and Beverage, Foodtech, Gaming, Marketing and Advertising, Media and Entertainment, Real Estate, Robotics, Security, Software, Sports/SportsTech, Telecommunications, Transportation, Travel, MedTech, Energy, LegalTech, HealthTech, AdTech, TravelTech.
True Ventures invests in companies and startups in North America, Europe, Africa, Asia.
True Ventures invests in companies and startups at Seed, Series B.
True Ventures usually invests $10-50 m on average.
True Ventures has around $2 000m assets under management.