Founded in 2005, True Ventures is a Silicon Valley-based venture capital firm that invests in early stage technology startups. With more than $2 billion under management, True provides seed and Series A funding to the most talented entrepreneurs in today’s fastest growing markets. The firm maintains a strong community that supports founders and their teams, helping True companies achieve higher levels of success and impact. To date, True has helped more than 250 companies launch and scale their businesses, creating over 10,000 jobs worldwide.
True is led by Partners Jon Callaghan, Phil Black, Puneet Agarwal, Adam D'Augelli, Toni Schneider (ex-CEO of Automattic), Tony Conrad (Founder of about.me and Sphere) and Om Malik (Founder of Giga Omni Media). The team also includes Venture Partners Rohit Sharma, Ann Crady Weiss, Kevin Rose, Amy Errett and Design Partner Jeff Veen.
The firm’s notable realizations include the following: Ring, acquired by Amazon; BrightRoll, acquired by Yahoo; Blue Bottle Coffee, acquired by Nestlé; Evident.io, acquired by Palo Alto Networks; Connectifier, acquired by LinkedIn/Microsoft; and Caspida, acquired by Splunk.
Other notable investments include Automattic (creators of WordPress), Duo Security, HashiCorp, Madison Reed, Namely, Peloton, ProsperWorks, Puppet Labs, Seurat Technologies, Splice, Teachers Pay Teachers and Zymergen.
True was awarded Venture Firm of the Year by the National Venture Capital Association in 2018.
Founders: John Burke, Jon Callaghan, Phil Black, Toni Schneider, Tony Conrad