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.
A genetic medicine company that build data platforms using synthetic biology, artificial intelligence and genetic medicine creating medical therapies.
Directly is a San Francisco-based developer of artificial intelligence systems of customer experience and chatbots founded by Antony Brydon, Jean Tessier and Jeff Patterson.
Sano is a technology company making a biometric sensor that provides users with information about how their body metabolizes glucose.
TripleLift is an American multinational technology company, whose platform enables scalability for native, branded content and OTT advertising.
Xplenty is a Tel Aviv and San Francisco-based developer which offers a platform to allow organizations to integrate, process, and prepare data for analytics on the cloud.
Prime Roots (formerly Terramino Foods) is a food company located in San Leandro, California, founded by Kimberlie Le and Joshua Nixon in 2017 producing a salmon meat substitute made from fungi.
A restaurant chain serving organic salads and grain bowls.
Developing a multi-omics human drug discovery platform inspired by disease resistance non-model organisms.
Prellis Biologics is developing technology to build transplantable human organs and tissues.
A company offering an exercise bike capable of streaming indoor cycling classes.
ICEYE provides commercial access to Earth observation data. The ICEYE SAR Satellite Constellation captures images of any location on Earth every three hours, day and night, regardless of cloud cover.
Solvvy is a machine-learning based company that works on improving customer experience.
A company offering digital transformation and compliance services for firms offering financial services.
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.
Associated investment funds