California

True Ventures

True Ventures, based in California, is a generalist that mostly leads Pre-Seed and Seed rounds with checks of $500k to $3m, backing companies like Peloton and HashiCorp.

Entry stagePre-seed, Seed
Check size$500K to $3M
Leads roundsYes
FocusGeneralist
Latest fundApproximatelyApproximately $4B committed capital; $465M Fund VII and $375M Select Fund IV announced in …
Investing team11 peopleNo activity since Sep

Who you would pitch at True Ventures

11 people on the investing team. Partners are listed first.

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Writes $500K to $3M checks. Its smallest check is larger than 71% of firms in the atlas.

Bars: how many firms in the atlas report each band. Highlighted: this firm.

No recent activity since September 2026. Quiet does not mean closed.

Weekly count of activity updates. Activity is not a confirmed deal.

Before you pitch

Ownership target7-10%, 10-12%
How to reach them[email protected]

Notable investments

PelotonHashiCorpFitbitSweetgreenRingDuo SecurityBlueskyICEYESpliceAutomattic (WordPress)

In their words

True Ventures | First to BelieveEarly stage capital for brilliant Founders since 2005. Funding the relentless pursuit of the unprecedented.www.trueventures.com
Founders and investors at a Mode VC gathering

Send Mode VC your deck

Raising a pre-seed or seed round? We write $1M to $5M first checks and help founders with distribution. A partner reads every deck.

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Alert me when True Ventures is active

One email when this firm shows new activity. Nothing else.

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Questions

What stage does True Ventures invest in?

True Ventures reports entry at pre-seed, seed.

How much does True Ventures invest?

True Ventures reports checks of $500K to $3M.

Does True Ventures lead rounds?

Yes. True Ventures says it can lead.

Who are the partners at True Ventures?

Adam D'Augelli, Jon Callaghan, Keerthi Nalabotu, Mike Montano, Natasha Sharma, Phil Black.

Is True Ventures active right now?

No recent activity since September 2026.

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