VC firm
True Ventures
Also known as True Capital Management, True Capital Management LLC, True Capital Partners, True Venture Management, LLC, True Ventures II A, True Ventures II-A, L.P., True Ventures III A, True Ventures III-A, L.P.
- Investor type
- VC
- Investing status
- Activeas of 2026-09-28
- Headquarters
- Palo Alto, CA, United States
- Assets under management
- $3.9BForm ADV private fund GAV, as of 2026-03-25Source (opens in a new tab)
- Funds
- 23
- Legal name
- TRUE VENTURE MANAGEMENT, L.L.C.
- trueventures.com (opens in a new tab)
- LinkedIn (opens in a new tab)
- X (opens in a new tab)
- Team page (opens in a new tab)
Record updated 30 September 2026
About
True Ventures is an early-stage venture capital firm founded in 2005, focused on partnering with founders from the earliest moments of company creation. Across 12 funds, the firm has committed $4B in capital, partnered with 1,050+ founders across 500+ companies, and been part of 7 IPOs and 60+ acquisitions (including Peloton, HashiCorp, Fitbit, and Sweetgreen IPOs; Duo Security to Cisco, Ring to Amazon, Veza-adjacent Bear Flag Robotics to John Deere). The current portfolio spans consumer, enterprise apps, infrastructure software, bio & health, robotics & hardware, data centers & energy, and space & defense.
Investment approach
- Thesis
- No attribution. No silos. When we invest in you, you get all of us.Source (opens in a new tab)
- Investing status notes
- Copyright © 2026 True Ventures; active portfolio page listing 162 current companies and an active jobs board with 881 open roles across 118 portfolio companies.
Funds
- True Ventures Select V, L.P.
- $56.1MVintage 2025, Main fund, SEC amount sold
- True Ventures Select IV, L.P.
- Vintage 2020Main fund
- True Ventures VII-A, L.P.
- Vintage 2020Main fund
- True Ventures VI-A, L.P.
- Vintage 2018Main fund
- True Ventures SPV I, L.P.
- $15.2MVintage 2014, Main fund, SEC amount sold
- True Ventures II-A, L.P.
- $13.3MVintage 2008, Main fund, SEC amount sold
- True Ventures Select II, L.P.
- Main fund
- TRUE VENTURES VI, L.P.
- Main fund
- TRUE VENTURES SELECT V, L.P.
- Main fund
- True Ventures III-A, L.P.
- Main fund
- TRUE VENTURES I, L.P.
- Main fund
- TRUE VENTURES VIII, L.P.
- Main fund
- More funds
- 11 more recorded
SEC registration
- Registered adviser
- TRUE VENTURE MANAGEMENT, L.L.C.
- CRD number
- 162586 (opens in a new tab)
- SEC file number
- 802-76139
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $3.9Bas of 2026-03-25
- Private funds reported
- 22
- Principal office
- PALO ALTO, CA, United States
- SEC CIK
- 1448560, 1528243, 1603331
Locations
- Headquarters
- Palo Alto, CA, United States