Trust Ventures is a venture capital and private equity firm investing in regulatory companies that is headquartered in Austin, Texas and was founded in 2018 by Brian Tochman and Salen Churi. The firm typically makes investments between $100,000 and $5 million in early-stage regulatory companies.
On June 5, 2018 Trust ventures announced raising $35 million for their debut venture capital fund. With the fund, the group made investments across different industries, like energy, food, insurance, and healthcare.
Koch Disruptive Technologies backed Trust Ventures first fund. The co-founder and president of Trust Ventures, Brian Tochman, made the following statement regarding their first venture capital fund and support from Koch Disruptive Technologies:
We are an investor who has the best interests of the entrepreneur in mind and we’re going to be available as much as possible and that’s both directly internal to the fund with Sal and I and our team and with our partners at Koch Industries and leveraging their capabilities, their skill set, knowledge and network to help drive them forward.
On October 11, 2019 Trust Ventures announced raising $70 million in funding for their second venture capital fund. The firm will use their second fund for investing in companies solving regulatory issues of companies introducing new products and services to the market. The $70 million is the first close of a targeted $100 million fund.