Investments
716Portfolio Exits
117Funds
20Partners & Customers
2Service Providers
2About True Ventures
True Ventures operates as a venture capital firm specializing in seed and early-stage investments. It collaborates with entrepreneurs in rapidly growing technology sectors. It focuses on emerging technology markets, such areas as e-commerce, consumer electronics, infrastructure services, media, mobile technology, and software and services. It was founded in 2005 and is based in Palo Alto, California.
Expert Collections containing True Ventures
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find True Ventures in 8 Expert Collections, including Direct-To-Consumer Brands (Non-Food).
Direct-To-Consumer Brands (Non-Food)
37 items
Startups selling their own branded products directly to consumers via online/mobile channels, rather than relying on department stores or big online marketplaces.
HR Tech
65 items
Store tech (In-store retail tech)
55 items
Startups aiming work with retailers to improve brick-and-mortar retail operations.
Beauty & Personal Care
65 items
Startups in the beauty & personal care space, including cosmetics brands, shaving startups, on-demand beauty services, salon management platforms, and more.
Synthetic Biology
382 items
Travel Technology (Travel Tech)
39 items
Tech-enabled companies offering services and products focused on tourism. This collection includes booking services, search platforms, on-demand travel and recommendation sites, among others.
Research containing True Ventures
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned True Ventures in 1 CB Insights research brief, most recently on Dec 9, 2021.
Latest True Ventures News
Nov 1, 2023
The Series C funding round was led by NVIDIA and Capricorn, with support from SIP Global Partners, Denso Global, True Ventures, Cubit Capital, Honda Innovations, Porsche SE, Xerox Ventures among others BOSTON, Oct. 31, 2023 /PRNewswire-PRWeb/ -- SIP Global Partners, a US-Japan VC firm...
True Ventures Investments
716 Investments
True Ventures has made 716 investments. Their latest investment was in Carbo Culture as part of their Series A on November 11, 2023.
True Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/28/2023 | Series A | Carbo Culture | $18M | No | 2 | |
10/26/2023 | Seed VC | Radiantgraph | $5M | Yes | 1 | |
10/2/2023 | Series B - II | SoFar Ocean Technologies | $5M | No | 1 | |
9/27/2023 | PIPE | |||||
9/21/2023 | Series B - II |
Date | 11/28/2023 | 10/26/2023 | 10/2/2023 | 9/27/2023 | 9/21/2023 |
|---|---|---|---|---|---|
Round | Series A | Seed VC | Series B - II | PIPE | Series B - II |
Company | Carbo Culture | Radiantgraph | SoFar Ocean Technologies | ||
Amount | $18M | $5M | $5M | ||
New? | No | Yes | No | ||
Co-Investors | |||||
Sources | 2 | 1 | 1 |
True Ventures Portfolio Exits
117 Portfolio Exits
True Ventures has 117 portfolio exits. Their latest portfolio exit was Neosec on April 19, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
4/19/2023 | Acquired | 8 | |||
3/2/2023 | Acquired | 3 | |||
1/30/2023 | Acquired | 2 | |||
Date | 4/19/2023 | 3/2/2023 | 1/30/2023 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 8 | 3 | 2 |
True Ventures Fund History
20 Fund Histories
True Ventures has 20 funds, including True Ventures Select IV.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
10/14/2020 | True Ventures Select IV | $375M | 3 | ||
10/14/2020 | True Ventures VII | $465M | 4 | ||
10/14/2020 | True Core Fund VII LP | $465M | 1 | ||
10/30/2018 | True Ventures VI | ||||
10/30/2018 | True Ventures Select III |
Closing Date | 10/14/2020 | 10/14/2020 | 10/14/2020 | 10/30/2018 | 10/30/2018 |
|---|---|---|---|---|---|
Fund | True Ventures Select IV | True Ventures VII | True Core Fund VII LP | True Ventures VI | True Ventures Select III |
Fund Type | |||||
Status | |||||
Amount | $375M | $465M | $465M | ||
Sources | 3 | 4 | 1 |
True Ventures Partners & Customers
2 Partners and customers
True Ventures has 2 strategic partners and customers. True Ventures recently partnered with DFX on March 3, 2021.
True Ventures Service Providers
2 Service Providers
True Ventures has 2 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
|---|---|---|---|
Counsel | General Counsel | ||
Service Provider | ||
|---|---|---|
Associated Rounds | ||
Provider Type | Counsel | |
Service Type | General Counsel |
Partnership data by VentureSource
True Ventures Team
6 Team Members
True Ventures has 6 team members, including , .
Name | Work History | Title | Status |
|---|---|---|---|
Philip D. Black | ABS Ventures, Weiss, Peck & Greer Ventu, and Summit Partners | Founder | Current |
Name | Philip D. Black | ||||
|---|---|---|---|---|---|
Work History | ABS Ventures, Weiss, Peck & Greer Ventu, and Summit Partners | ||||
Title | Founder | ||||
Status | Current |
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