Invests in
Sectors:
Locations:
Min Investment:
$1,000,000.00Max Investment:
$50,000,000.00Target Investment:
$20,000,000.00
Skills
Education
- HU
- HB
- DC
Investments
Daydream
Total Funding: $50M
Ernesta
Total Funding: $25M
Aisera
Total Funding: $160M
MycoMedica Life Sciences, PBC
Total Funding: $68M
Pipedream
Total Funding: $20M
Wisq
Total Funding: $40M
NoRedInk
Total Funding: $58M
ClayStack
Total Funding: $5M
Catch Co.
Total Funding: $58M
Yousician
Total Funding: $28M
Work Experience
2006
Founder, Managing Partner
2006
Founder of True Ventures in 2005. We closed our first institutional fund in 2006 of $165 million, and our second fund of $210 million in 2008. Our investors are long term, institutional investors. Our mission at True is to make an entrepreneur's dreams come true. We want to be the first investor with great entrepreneurs. We think first, second, third about working with great people, because we believe that the entrepreneur has the power to change the world. This means the experience, vision, passion and creativity of the Founders are what we spend most of our time evaluating. We get excited by ambition and raw talent, and we like to back teams that have worked together in the past. We invest between $250K-$2.5mm in the initial round. 60% of the time we fund entrepreneurs at inception. Everyone on our team has been a Founder, so we take an aggressively pro-Founder view of the world. This means our deals are simple and clean, are fairly priced, and designed to align with a Founder from day one. We recognize that success is rarely a straight line, and we have a tremendous tolerance for risk. If you're looking to play it safe, we're not the firm for you. We believe that small initial dollars can unleash creativity, and are funds are designed to invest significant dollars at higher prices with success and growth.
2023
Investor, Board Member
2023
Early investor and Board Member with the brilliant creator and leader Julie Bornstein. This phenomenal dream team is redefining fashion e-commerce in the AI age with style, clarity, and the power of AI. #repeatTrueFounder
2022
Investor, Board Member
2022
Investor and Board Member with the indomitable and brilliant John Foley and his team. I love being a part of this team! #trueRepeatFounder
2019
Investor, Board Member
2019
Investor and Board Member with the brilliant Tod Sacerdoti and team. #repeatTrueFounder
2017
Investor, Board Member
2017
Investor and Board Member of this leading enterprise agentic platform.
2013
Investor, Board Member
2013
Investor and Board Member since inception with the brilliant Amy Errett and team. Madison Reed has redefined what it means to be a customer focused beauty brand with the highest quality products meeting our customers online, in our Hair Color Bars, or through our many partners nationwide. An incredible privilege to watch this team act with integrity and grace pursuing their mission.
2011
Angel Investor
2011
Sully is brilliant. Such a joy to see him and the Stio team redefine the outdoor lifestyle apparel.
2009
Investor, Board Member
2009
Seed investor and Board Member at this leading payments and bill pay provider. Brilliant team. There is no better.
2015 - 2024
Board Member
2015 - 2024
I served an incredible ten years on the board starting with the brilliant Founding team, the exceptionally gifted executives, inspiring instructors and all of the team members that make Peloton so special to millions worldwide. This was such an honor to serve our riders and members living the fitness and wellness life. And the learnings (!). Hardware still the triple black diamond, as is large scale membership, subscription, medial, and and and. And this was FUN!
2018 - 2024
Venture Capital Investor
2018 - 2024
Honored for True to be investors here and watch the brilliant Jon Neman and team build such a meaningful company and brand in food and wellness.