True Ventures is a venture capital and private equity firm investing in early-stage technology companies that is headquartered in San Francisco, California and was founded in 2005 by John Burke, Jon Callaghan, Phil Black, Toni Schneider, and Tony Conrad. Notable exits made by True Ventures include: Peloton, Fitbit, Duo, Ring, Blue Bottle Coffee, Evident.io, Hedvig, BrightRoll, Connectifier, Goodreads, Apcera, MakerBot, Smarterer, and Screenhero.
True Ventures VI, LP
On October 30, 2018 True ventures announced raising $350 million in funding for their True Ventures VI, LP fund. True Ventures wrote about their plans for their True Ventures VI, LP fund on their website:
With our new Fund VI, we will continue to invest in driven, exceptionally creative Founders leading teams and building products across a range of industries including enterprise software, connected devices, consumer brands, cryptocurrency, and digital biology — to name only a few of our many areas of interest.
True Ventures Select Fund III
On October 30, 2018 True ventures announced raising $285 million in funding for their True Ventures Select Fund III.
Venture Firm of the Year
In 2018 True Ventures was awarded the Venture Firm of the Year by National Venture Capital Association for their strong fund performance and commitment to advancing entrepreneurship. The co-founder of True Ventures, John Callaghan, made the following statement about True Ventures being awarded the Venture Firm of the Year award:
We couldn’t be happier for the True team and are honored to recognize them as the 2018 Venture Firm of the Year. Since True’s founding in 2005, Jon, Phil and the rest of the team have established themselves as leaders of our industry through their investments, support for entrepreneurs and commitment to creating a more inclusive ecosystem. We congratulate them on this achievement and wish them the best of luck as they continue to lead our industry into the future.
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OpenDoor is a real estate company based in the US.
Sano is a technology company making a biometric sensor that provides users with information about how their body metabolizes glucose.
MoviePass is a company founded by Stacy Spikes.
A restaurant chain serving organic salads and grain bowls.
Solvvy is a machine-learning based company that works on improving customer experience.
A company offering an exercise bike capable of streaming indoor cycling classes.
Prellis Biologics is developing technology to build transplantable human organs and tissues.
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Ginger offers on-demand behavioral health coaching, video therapy, video psychiatry and self-guided content that is clinically proven to reduce symptoms of depression and anxiety.
American global digital video advertising company
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A company offering a platform for helping people make health plan decisions.
Kisend provides an application for web and mobile solution for printing, receiving and sending photographs.
American technology company
Submittable is a company providing a cloud-based submission management platform for magazine, journal and book publishers. It participated in the S12 cohort of Y Combinator.
Smarterer is a company founded by Dave Balter.
Hosted programming platform for developing with public APIs.
Associated investment funds
Documentaries, videos and podcasts