About TrueBridge
TrueBridge is a venture capital firm founded in 2007. It is primarily based out of Chapel Hill, United States. As of Apr 2025, TrueBridge is an active investor, having invested in 42 companies, with 2 new investments in the last 12 months. It primarily invests in Series D round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it led the $15M Series D round of Lotame along with R.J. Finlay & Co. This round also saw participation from Sozo Ventures and other investors.
Overall, TrueBridge portfolio has seen 3 unicorns, 17 IPOs and 12 acquisitions including key companies like Uber, Zillow and Slack. A lot of funds co-invest with TrueBridge, with names like Canapi Ventures sharing a substantial percentage of its portfolio.
TrueBridge has team of 34 people including 10 partners.
Key Metrics
Team Members
, &
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series D, Series B &
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
TrueBridge's Year-on-Year Investment Trends
TrueBridge has invested in 42 companies over the last 12 years, with an average of 1 new investment annually in the last 10 years. As of Apr 2025, it has made 2 investments in this year. Its most recent first time investment was in Camp Network and most recent follow-on round was in Aviatrix.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 2 | 0 | 2 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 3 | 1 | 4 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
2018 | 1 | 0 | 1 |
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TrueBridge's Investment Trends by Stage
TrueBridge has made 4 investments in Series D stage, 2 investments in Series B stage, 1 investment in Post IPO stage, 1 investment in Series A stage and 1 investment in Series C stage.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Series D | 4 |
Series B | 2 |
Post IPO | 1 |
Series A | 1 |
Series C | 1 |
TrueBridge's Investment Trends by Sector
TrueBridge has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Blockchain Technology, Consumer and Energy Tech. Notably, it has invested in 41 Tech companies, 29 Enterprise (B2B) companies, 25 Software companies and at least 23 companies focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Enterprise Applications | 6 |
FinTech | 2 |
Blockchain Technology | 1 |
Consumer | 1 |
Energy Tech | 1 |
Others | 7 |
TrueBridge's Investment Trends by Geography
TrueBridge has made most investments in United States (38), followed by China where it has made 1 investments.
TrueBridge's recent investments
Here are the most recent investments by TrueBridge:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 29, 2025 | United States | Series A | $25M | [+3] | |
Feb 25, 2025 | United States | Series C | $50M | ||
Sep 08, 2021 | United States | Series E | $200M | TCV [+9] | |
Aug 12, 2021 | United States | Post IPO | $130M | Canapi Ventures [+1] | |
Mar 19, 2021 | United States | Series D | $130M | Canapi Ventures [+7] |
Get the detailed list of all investments by TrueBridge. Download now!Unicorns in TrueBridge's Portfolio
Here is a list of unicorns in TrueBridge's portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
70 | Cloud security solutions provider | 2014 | Santa Clara | Series E | sumrrsl | ||
73 | Cloud-based procurement and invoice management solutions for businesses | 2010 | Foster City | Series F | {vrjjtm | ||
62 | Enterprise endpoint security and management solutions | 2007 | Kirkland | Series F | itcqrws |
IPOs and Publicly Listed companies in TrueBridge's Portfolio
Here are TrueBridge's portfolio companies that went public:
Acquired companies in TrueBridge's Portfolio
Here are TrueBridge's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 18, 2025 | - | - | - | |
Mar 06, 2025 | Mar 05, 2014 | Series D | $15M | |
Feb 10, 2024 | - | - | - | |
Dec 23, 2021 | - | - | - | |
Oct 06, 2021 | - | - | - |
Team profile of TrueBridge
TrueBridge has a team of 34 membersÌýincluding 10 Partners and 8 PrincipalsÌýlocated in United States. TrueBridge's team does not sit on the board of any company as of now.Here is a list of top team members in TrueBridge:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Chapel Hill | - | , | |
Partner | Chapel Hill | - | ||
Partner | Chapel Hill | - | ||
Partner | Chapel Hill | - | ||
Partner | Raleigh | - | ||
Partner | Raleigh | - | ||
Partner | New York City | - | ||
Partner | San Francisco | - | ||
Partner | Holly Springs | - | ||
Partner | Raleigh | - | ||
Principal | Chapel Hill | - |
Get the full list of TrueBridge's team & partners for free. Download now!Co-investors of TrueBridge
Over the past 12 years, 90 investors have co-invested in TrueBridge's portfolio companies.
- Invested before TrueBridge:ÌýEmergence Capital, Founders Fund and 45 others have invested in rounds before TrueBridge. There are 2 companies where Emergence Capital has invested before TrueBridge and 2 companies where Founders Fund has invested before TrueBridge.
- Top Co-investors of TrueBridge:Ìý28 investors entered a company along with TrueBridge. These include investors like Canapi Ventures (2 companies).
- Invested after TrueBridge:ÌýA total of 15 investors have invested in TrueBridge's portfolio after their investments. Top Investors include Durable Capital Partners (1 company), 01 Advisors (1 company) and Greenoaks (1 company).
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