True Ventures

True Ventures

This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Headquarters Location

United States, Palo Alto

About

True Ventures is the renowned VC, which was created in 2006. The main office of this VC is situated in Palo Alto. The fund is located in United States, North America.

The usual method for the fund is to invest in rounds with 4-5 other investors. Aside from True Ventures, start-ups are often funded by First Round Capital, Felicis Ventures, Uncork Capital and 247 other funds. The most common co-investors for the fund are Lowercase Capital, Index Ventures, Greylock Partners and also 319 different VCs. In subsequent rounds, the fund is usually supported by TDF Ventures, Sequoia Capital, Norwest Venture Partners, out of 221 investors from our database.

Also, a start-up has to be aged 2-3 years to expect investment from this fund. The fund has no specific requirements for the number of founders in a start-up. If there are 5+ founders in the start-up, the probability of getting the investment is low. Among the most popular portfolio start-ups of the fund, are Duo Security, OpenDoor Labs, HashiCorp. We can highlight the most popular investment areas for this fund, such as Internet, Hardware. In addition, there are 54 more industries where it has achieved success. The country of its establishment and the country of its most frequent investments coincides - United States. However, start-ups from 5 other countries can be found in the fund's portfolio.

This VC was founded by John Burke, Jon Callaghan, Phil Black, Toni Schneider, Tony Conrad. Besides the listed founders, we have found 12 key employees of this fund in our database.

At the time of investment by True Ventures, a typical start-up valuation would be 500 millions - 1 billion dollars. The most exits for the fund occurred in 2018. Deals in the range of 10 - 50 millions dollars are most common for this fund. In terms of the fund's performance, this VC has 14 percentage points more exits when compared to other organizations. The fund generally invests in 25-48 deals every year. This fund was the most active in 2014. Additionally, in 2019 the fund was active. In comparison with other funds, True Ventures makes 12 percentage points less than the average number of lead investments.

Year Founded

2006

Fund Activity

Operative

Mail Rule [rules by which you can get an email of an interesting for you fund employee, knowing only the name and surname of this employee]

Domain name: trueventures.com; User name format in descending order of probability: first, first_initial last, first '.' last, first last, last

Group Appearance [how often fund is operating separately from groups with shared interest]

97.0% of cases

Investments per Year [average amount of rounds in which fund participates each year]

>24

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

40.7% of cases

Average Multiplicator [the average ratio of the last valuation of portfolio startups to their total amount of financing raised]

x5.5

Average Portfolio Company
Exit Age [the average age of portfolio startups at which they go public or become acquired]

3.7 years

Success / Strategy Similarity
Index [the matching between fund's investment strategy and its proved successes in the form of portfolio startups high valuations]

0.48 out of 1

Number of Unicorns [amount of portfolio companies, which were valuated at more then $1B]

6

Number of Minotaurs [amount of portfolio companies, which raised more then $1B in total]

1

Funds Investing in Previous
Rounds

First Round Capital, Felicis Ventures, Uncork Capital

Funds Investing in Following
Rounds

TDF Ventures, Sequoia Capital, Norwest Venture Partners

If you have found a spelling error or the data isn't actual, please, notify us by selecting that text and pressing Ctrl+Enter.

Fund reviews
  • No reviews are submitted yet.
Crunchbase icon

Content report

The following text will be sent to our editors: