True Ventures

Concentrated seed-stage firm

VC Seed 📍 Palo Alto, CA Founded 2005

AUM

$4.0B

as of 2026-Q1

SMALL

True Ventures was founded in 2005 by Jon Callaghan and Phil Black. Seed-stage focus across hardware + consumer + enterprise.

Firm Profile

Firm Type

Subtype

Seed

Founded

2005

Palo Alto, CA

Country

USA

Jon CallaghanPhil BlackAdam D'AugelliTony Conrad

Stages

Seed · Series A

Sectors

Consumer · Enterprise · Hardware · Bio

VCSeedConcentrated

Investor data reflects publicly disclosed AUM, fund sizes, and portfolio holdings as of 2026-Q1. Refreshed periodically.