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Investor profile

True Ventures

Venture Capital · Founded 2005 · Palo Alto, United States

Silicon Valley-based venture capital firm that invests in early-stage technology startups

394 portfolio companies Venture Capital · $11B invested · 722 investments · Investor rank #256 · Last investment 7/2026
Portfolio companies 394 ↑ 27% 5y
Decacorns 1
Thoroughbreds 13
01 · Biggest holdings

True Ventures’ biggest current holdings.

The most valuable companies True Ventures still holds — unicorns and thoroughbreds it has backed, ordered by Dealroom’s latest valuation. Companies that have been acquired or gone public are in Exits instead. Where a cap table names True Ventures directly, the stake and its estimated value are shown too.

#CompanyEst. stakeValuationEst. value
  1. 1 ICEYEDecacorn · Space · Finland 8.5% $11.0B $224M
  2. 2 AutomatticUnicorn · Telecom · USA 6.5% $7.5B $488M
  3. 3 HandshakeUnicorn · Education · USA 4.5% $3.5B $158M
  4. 4 Enveda BiosciencesUnicorn · Health · USA 10% $1.0B $100M
  5. 5 Solo.ioUnicorn · Security · USA $1.0B
  6. 6 MetacoreGaming · Finland $66M

Estimated value = True Ventures’ disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. See the underlying cap tables on Dealroom →

02 · Exits

True Ventures’ biggest exits.

Portfolio companies that IPO’d or were acquired at $1B+, with the valuation recorded at exit and — for those still public — their value today. Exit events come from each company’s funding-round history; entry stage from True Ventures’ transaction record.

$14B IPO · 2021
Entered Series ANow $7.1BSecurity
$7.7B IPO · 2019
Entered Series B+Now $3.0BHealth
$700M IPO · 2006
Now $5.6BEnterprise Software
$4.8B IPO · 2020
Entered Series ANow $4.4BReal Estate
$4.1B IPO · 2015
Entered Series ANow $2.1BHealth
$3.5B IPO · 2021
Entered Series ANow $226MHealth
$2.4B acquisition · 2018
Entered SeedSecurity
$1.0B acquisition · 2018
Entered Series AReal Estate
$1.0B acquisition · 2025
Entered Series B+Security
03 · Portfolio analysis

Where True Ventures’ portfolio is concentrated.

Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 394 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.

By countryCount
  1. USA345
  2. UK10
  3. Finland7
  4. Canada6
  5. Switzerland5
  6. Germany3
  7. Singapore3
  8. Cuba2
  9. France2
  10. Israel2
  11. Sweden2
  12. Australia1
By sectorCount
  1. Enterprise Software100
  2. Health44
  3. Media43
  4. Marketing36
  5. Fintech33
  6. Education18
  7. Security18
  8. Telecom16
  9. Food14
  10. Robotics14
  11. Energy11
  12. Gaming11
By stage enteredCount
  1. Seed212
  2. Series A146
  3. Series B+24
By growth stageCount
  1. Early Growth212
  2. Breakout Stage140
  3. Late Growth47
  4. Mature1
04 · Portfolio market map

Inside True Ventures’ portfolio.

The 60 highest-funded portfolio companies, of 394 tracked.

EdgeConneX
Telecom
$200M
Opendoor
Real Estate · Unicorn
$4.4B
ICEYE
Space · Decacorn
$11B
Peloton Interactive
Health · Unicorn
$3.0B
Zymergen
Health
$226M
Automattic
Telecom · Unicorn
$7.5B
Enveda Biosciences
Health · Unicorn
$1.0B
Handshake
Education · Unicorn
$3.5B
HashiCorp
Security · Unicorn
$7.1B
Fractyl Health
Health
$109M
InterVenn
Health
$804M
Deep Genomics
Health
$720M
ring
Real Estate · Unicorn
$1.0B
Veza
Security · Unicorn
$1.0B
Madison Reed
Wellness Beauty
$132M
Aisera
Enterprise Software
$360M
Namely
Enterprise Software
$240M
Ginger
Wellness Beauty · Unicorn
$3.0B
PayNearMe
Fintech
$200M
Modern Animal
Health
$184M
MoviePass
Media
$80M
3D Robotics
Real Estate
$212M
Seurat Technologies
Engineering and Manufacturing Equipment
$396M
Solo.io
Security · Unicorn
$1.0B
Nexar
Security
$265M
Puppet
Enterprise Software
$210M
Submittable
Media
$366M
Splice
Music
$500M
Tray
Marketing
$600M
Bluesky
Media
$400M
Ditto
Enterprise Software
$462M
Blue Bottle Coffee
Food
$280M
GLOWFORGE
Robotics
$215M
Braintrust
Jobs Recruitment
$400M
Duo Security
Security · Unicorn
$2.4B
Handle Financial
Fintech
$59M
StrongDM
Security
$270M
Evident.io
Security
$300M
Copper
Enterprise Software
$212M
AvidBots
Robotics
$280M
Airship
Marketing
$100M
Lykos Therapeutics
Health
$400M
Gridware
Energy
$220M
Forge
Jobs Recruitment
$140M
Catalyst
Marketing
$85M
Parry Labs
Security
$320M
Sofar Ocean
Telecom
$157M
Reforge
Education
$240M
Basecamp Research
Health
$240M
Prellis Biologics
Health
$140M
Nano-Steel
Real Estate
$18M
Health Gorilla
Health
$200M
B-Stock Solutions
Transportation
$28M
High Fidelity
Education
$115M
The Nuclear Company
Energy
$205M
Diligent Robotics
Health
$150M
Meebo
Media
$110M
Trunk Tools
Fintech
$160M
Chia Network
Fintech
$500M
Fitbit
Health · Unicorn
$2.1B
05 · Portfolio founders

Where True Ventures’ portfolio founders come from.

151 founders across the 100 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.

LocationCount
  1. United States114
  2. Canada9
  3. United Kingdom9
  4. Germany5
  5. Argentina2
  6. Finland2
  7. France1
  8. India1
UniversityCount
  1. University of California, Berkeley10
  2. Stanford University8
  3. Technical University Munich5
  4. Yale University5
  5. Massachusetts Institute of Technology4
  6. Stanford University Graduate School of Business4
  7. University of Waterloo4
  8. University of Wisconsin-Madison4
  9. Columbia University3
  10. Harvard Business School3
Previous companyCount
  1. Alphabet | Google5
  2. EMC5
  3. IBM5
  4. Microsoft5
  5. Stanford University5
  6. Watch4Net4
  7. Aon3
  8. Bain & Company3
  9. CNET3
  10. Morgan Stanley3