FFundraiseJet
True Ventures logo

True Ventures

Palo Alto, California · Invests in US; Europe · Website

Pre-SeedSeedSeries AMedia & EntertainmentB2B SaaSAI & Machine LearningDeveloper ToolsCybersecurityHealthcare & BiotechEnterprise SoftwareDeveloper Tools & InfrastructureSecurity & CybersecurityHealthcare & Digital HealthRobotics & AutomationManufacturing & Industrial

Thesis

We invest in brilliant people who bring ideas that matter to life. We focus on AI-native founders building companies with strong founder-product fit, aligned on mission and meaning, seeking creative freedom and psychological safety. Great companies are built by diverse teams supported and empowered to be maximally creative.

Likely not a fit for

We do not invest in non-technical founders without domain expertise, founders not aligned on meaningful impact, or companies that don't fit AI-first and innovation-driven narratives.

How they invest

Lead or follow
Usually leads
Typical decision
~1 week
Warm intro
Preferred
Involvement
Takes a board seat
Fund status
Actively deploying
Assets under mgmt
$350M
Decision process
Partnership vote

Partners & team

7 contacts on file

TC

Tony Conrad

PartnerPartner · Primary contact

+ Pitch

t•••@tr•••.com

LinkedIn profile

Sign up free to unlock contact →
SD

Soul Dayan

PartnerPartner

+ Pitch

s•••@tr•••.com

Sign up free to unlock contact →
JC

Jon Callaghan

General PartnerFounder and Managing Partner

+ Pitch

LinkedIn profile

X profile

Sign up free to unlock contact →
PA

Puneet Agarwal

PartnerPartner

+ Pitch
PB

Phil Black

PartnerPartner

+ Pitch

LinkedIn profile

X profile

Sign up free to unlock contact →
AD

Adam D'Augelli

PartnerPartner

+ Pitch
PA

Puneet Argawal

Partner

+ Pitch

Portfolio

WebsimEdtech

WebSim is an AI-powered platform for creating interactive web simulations. It offers an AI-assisted editor for building and sharing HTML5/JavaScript simulations, aiming to make scientific concepts accessible through engaging simulations.

HowieEnterprise Software

Howie is a digital assistant that helps users manage their schedules and meetings efficiently, claiming to schedule over 5,000 meetings per week for its customers.

Basecamp Research
Splurge
PipedreamDeveloper Tools Infra

Pipedream is a platform designed for building AI agents that connect thousands of applications quickly and efficiently. It empowers developers and knowledge workers to automate processes and enhance productivity through a serverless runtime and extensive integrations.

RadiantGraphHealthcare Digital

RadiantGraph empowers healthcare innovators to harness the power of AI and machine learning to deliver personalized care to consumers. The platform provides technology and expertise necessary to build deeper and richer connections with consumers at scale, ensuring timely and effective care.

Tray.aiEnterprise Software

Tray.ai is an AI orchestration platform that enables businesses to automate processes and integrate systems using AI agents. It provides tools for building intelligent agents that can operate across various applications and platforms.

DaydreamEcommerce Marketplaces

Daydream is a personal fashion AI shopping agent that helps users discover and shop from over 10,000 brands using AI-powered technology. It offers tailored fashion recommendations for various occasions and styles, enhancing the online shopping experience.

VezaSecurity Cyber

Veza is the leader in identity security, helping organizations secure access across the enterprise. Veza’s Access Platform goes beyond identity governance and administration (IGA) tools to visualize, monitor, and control entitlements so that organizations can stay compliant and achieve least privilege.

EnvedaBiotech Life Sciences

Enveda Bio leverages evolutionary intelligence for drug discovery, utilizing a large foundation model called PRISM for analyzing small molecule mass spectra.

HandshakeEnterprise Software

Handshake is the career network for the AI economy, connecting job seekers with opportunities through a three-sided job marketplace that includes knowledge workers, educational institutions, and employers.

BCRLogistics Supply Chain

The British Columbia Railway Company (BCRC) is a self-supporting commercial crown corporation that manages railway corridor and strategic port/industrial lands, generating revenue from private-sector tenants and contributing significantly to the Province's income.

Recent activity

True Ventures in the news

Similar firms

Greycroft$2M–$100M

Early-stage investor combining AI-driven software, sustainability tech, and consumer brands as co-equal focus areas, offering a dedicated internal team plus a ~500-founder portfolio network with high-visibility exits. Founded by legendary VC Alan Patricof as his return to early-stage investing and uniquely combines three major practice areas—AI-driven software, sustainability technologies, and consumer brands—making it one of the few mainstream US VCs that treats consumer brands and deep AI infrastructure as co-equal focus areas under one roof. The firm operates a dedicated internal team and ~500-founder portfolio network as an explicit value-add engine while maintaining a distinctive pattern of backing culturally defining consumer and media brands.

Link Ventures$1M–$8M

Embedded with MIT and Harvard student and recent-grad founders via AI venture courses, lectureships and mentors; incubates companies using Cogo Labs data-driven engine to spin out ventures from demand signals.

Bain Capital Ventures$1M–$20M

Later-stage investor offering multi-asset access to private equity, credit and capital-markets expertise, plus hands-on operator-led growth support from a Hive team specialized in regulated fintech. BCV operates as part of Bain Capital's multi-asset platform, giving portfolio companies access to private equity, credit expertise, and later-stage capital that most standalone VCs cannot provide, while their "Hive" platform team of ex-operators from companies like Dropbox and Stripe works hands-on with founders using a formalized growth methodology rather than ad-hoc support. The firm has built a strong reputation as a fintech specialist with category-defining investments in regulated financial technology companies like GoCardless and Flywire, combining both operating expertise and capital-markets sophistication for complex fintech plays.

Andreessen Horowitz$1M–$200M
Ascend$250K–$750K
Research briefRead more
True Ventures Research Investment Thesis & Core Focus True Ventures is a Silicon Valley-based early-stage venture capital firm focused on backing "brilliant people who bring ideas that matter to life." Founded over a decade and a half ago, the firm has evolved into one of the most prolific and founder-friendly early-stage investors, with a particular emphasis on AI-native founders and companies in

Sign up free to read the full research brief →

Add True Ventures to your investor list

Sign up free to save investors, see partner contacts, and track your raise.

Sign up