True Ventures

True Ventures is a venture capital firm founded in 2005 and based in Palo Alto, California, with an additional office in San Francisco. It specializes in investing in early-stage technology startups, focusing on sectors such as commerce, consumer products, health, and infrastructure technologies, including areas like e-commerce, mobile, and cloud computing. The firm typically provides seed and Series A financing, preferring to invest between $0.25 million and $3 million for a stake of 22 to 25 percent in the companies it supports. True Ventures is dedicated to empowering entrepreneurs, fostering creativity, and promoting professional growth through its True Platform, which offers various programs for founders. With a team of over 40 professionals, True Ventures has helped launch and scale more than 350 companies, contributing to the creation of over 85,000 jobs worldwide. The firm has received recognition, including being named Venture Firm of the Year by the National Venture Capital Association in 2018.

Dave Balter

Venture Partner

Caroline Ciaramitaro

Associate

Gus Coldebella

Partner

Sahiti Enjeti

Associate

Amy Errett

Partner

Ulrike Kellmereit

CFO

Om Malik

Partner

Fiona McCarthy

Principal

John O'Connell

Associate

Toni Schneider

Partner

Natasha Sharma

Principal

Rohit Sharma

Partner

Jim Stewart

COO

James Stewart

COO and Partner

Priscilla Tyler

Senior Associate

Christiaan Vorkink

VP and Director

Ariel Winton-Jones

Principal

Puneet Agarwal

Partner

Past deals in US Rockies

Current Surgical

Seed Round in 2023
Current Surgical is a surgical device company founded in 2020 and headquartered in Washington, DC. The company specializes in developing advanced tools aimed at the treatment of solid tumors. Its flagship product is a smart surgical needle designed for minimally invasive tumor detection and ablation. This innovative needle utilizes real-time X-ray guidance and ultrasound energy to effectively heat and destroy tumors while preserving surrounding vital organs and tissue. By enabling surgeons to target tumors located near critical anatomy, Current Surgical aims to enhance surgical precision and improve patient outcomes.

Scythe

Series B in 2023
Scythe Robotics is a robotics company that develops autonomous machines to tackle challenges in unstructured outdoor environments. Scythe aims to provide advanced and sustainable autonomous technology for maintaining off-road environments safely, effectively, and responsibly. Founded in 2018, Scythe is headquartered in Longmont, Colorado.

Submittable

Series C in 2022
Submittable, Inc. is a cloud-based platform that specializes in submission management and content curation, enabling organizations to efficiently handle digital content, applications, and submissions. Founded in 2010 and headquartered in Missoula, Montana, with an additional office in New York, Submittable offers comprehensive solutions for managing grants, awards, fellowships, and various intake processes. Its platform features customizable workflows, allowing users to tailor their review processes, and supports team collaboration through shared review panels and task assignments. Additionally, Submittable provides analytics and reporting tools to help organizations assess their impact and make data-driven decisions. The platform is versatile, catering to publishers, competitions, academic applications, and arts organizations by facilitating the submission of diverse media formats such as audio, video, manuscripts, and resumes.

Scythe

Series A in 2021
Scythe Robotics is a robotics company that develops autonomous machines to tackle challenges in unstructured outdoor environments. Scythe aims to provide advanced and sustainable autonomous technology for maintaining off-road environments safely, effectively, and responsibly. Founded in 2018, Scythe is headquartered in Longmont, Colorado.

LoanSnap

Series B in 2021
LoanSnap, Inc. is a mortgage company that utilizes an artificial intelligence-based platform to analyze customers' financial situations and present personalized loan options. Its offerings include home equity lines of credit (HELOC), refinancing solutions to lower monthly mortgage payments, and VA loans designed for veterans to purchase homes without a down payment or private mortgage insurance. Founded in 1998 and headquartered in San Francisco, California, LoanSnap also has a location in Costa Mesa, California. The company aims to provide customers with a clearer understanding of their finances, identifying areas where they may be losing money each month. LoanSnap operates in several states, including California, Florida, Illinois, Colorado, and Tennessee. It was formerly known as DLJ Financial, Inc. before rebranding in April 2018 and is a subsidiary of LoanSnap Holdings, Inc.

Scythe

Venture Round in 2020
Scythe Robotics is a robotics company that develops autonomous machines to tackle challenges in unstructured outdoor environments. Scythe aims to provide advanced and sustainable autonomous technology for maintaining off-road environments safely, effectively, and responsibly. Founded in 2018, Scythe is headquartered in Longmont, Colorado.

Zymergen

Series D in 2020
Zymergen, Inc. is a biotechnology company based in Emeryville, California, established in 2013, with additional offices in Boise, Idaho; Medford, Massachusetts; Seattle, Washington; and Tokyo, Japan. The company focuses on researching, developing, and manufacturing microbes for a variety of sectors, including agriculture, chemicals, materials, pharmaceuticals, electronics, and personal care. Zymergen employs a platform that integrates automation, machine learning, and genomics to enhance the optimization of microbial strains, improve existing production processes, and bridge the gap between lab and commercial manufacturing. Additionally, the company offers services for new product development, leveraging its expertise to engineer novel molecules from microbes, thereby harnessing the potential of biological innovation to create advanced materials and products across multiple industries.

LoanSnap

Series B in 2020
LoanSnap, Inc. is a mortgage company that utilizes an artificial intelligence-based platform to analyze customers' financial situations and present personalized loan options. Its offerings include home equity lines of credit (HELOC), refinancing solutions to lower monthly mortgage payments, and VA loans designed for veterans to purchase homes without a down payment or private mortgage insurance. Founded in 1998 and headquartered in San Francisco, California, LoanSnap also has a location in Costa Mesa, California. The company aims to provide customers with a clearer understanding of their finances, identifying areas where they may be losing money each month. LoanSnap operates in several states, including California, Florida, Illinois, Colorado, and Tennessee. It was formerly known as DLJ Financial, Inc. before rebranding in April 2018 and is a subsidiary of LoanSnap Holdings, Inc.

Aurora Insight

Series A in 2019
Aurora Insight, Inc., located in Washington, D.C., specializes in providing insights into wireless connectivity and the radio spectrum. The company offers a dynamic map that serves as a comprehensive resource for organizations seeking to understand available spectrum and optimize their wireless deployments. By delivering detailed information on existing wireless infrastructure and radio frequency environments, Aurora Insight enables businesses to make informed decisions regarding their connectivity needs.

Submittable

Series B in 2019
Submittable, Inc. is a cloud-based platform that specializes in submission management and content curation, enabling organizations to efficiently handle digital content, applications, and submissions. Founded in 2010 and headquartered in Missoula, Montana, with an additional office in New York, Submittable offers comprehensive solutions for managing grants, awards, fellowships, and various intake processes. Its platform features customizable workflows, allowing users to tailor their review processes, and supports team collaboration through shared review panels and task assignments. Additionally, Submittable provides analytics and reporting tools to help organizations assess their impact and make data-driven decisions. The platform is versatile, catering to publishers, competitions, academic applications, and arts organizations by facilitating the submission of diverse media formats such as audio, video, manuscripts, and resumes.

Zymergen

Series C in 2018
Zymergen, Inc. is a biotechnology company based in Emeryville, California, established in 2013, with additional offices in Boise, Idaho; Medford, Massachusetts; Seattle, Washington; and Tokyo, Japan. The company focuses on researching, developing, and manufacturing microbes for a variety of sectors, including agriculture, chemicals, materials, pharmaceuticals, electronics, and personal care. Zymergen employs a platform that integrates automation, machine learning, and genomics to enhance the optimization of microbial strains, improve existing production processes, and bridge the gap between lab and commercial manufacturing. Additionally, the company offers services for new product development, leveraging its expertise to engineer novel molecules from microbes, thereby harnessing the potential of biological innovation to create advanced materials and products across multiple industries.

LoanSnap

Series A in 2018
LoanSnap, Inc. is a mortgage company that utilizes an artificial intelligence-based platform to analyze customers' financial situations and present personalized loan options. Its offerings include home equity lines of credit (HELOC), refinancing solutions to lower monthly mortgage payments, and VA loans designed for veterans to purchase homes without a down payment or private mortgage insurance. Founded in 1998 and headquartered in San Francisco, California, LoanSnap also has a location in Costa Mesa, California. The company aims to provide customers with a clearer understanding of their finances, identifying areas where they may be losing money each month. LoanSnap operates in several states, including California, Florida, Illinois, Colorado, and Tennessee. It was formerly known as DLJ Financial, Inc. before rebranding in April 2018 and is a subsidiary of LoanSnap Holdings, Inc.

Pioneer Square Labs

Series B in 2018
Pioneer Square Labs is a startup studio based in Seattle, Washington, that specializes in creating and launching technology startups. Founded in 2015, the company offers a comprehensive range of services, including market research, concept validation, engineering, data science, visual and UX design, and product management. In addition to these core offerings, Pioneer Square Labs provides support in recruiting, fundraising, marketing, company formation, finance, operations, legal, and human resources. The firm's focus is on early-stage investments in technology-driven companies, particularly those located in the Pacific Northwest.

Submittable

Series A in 2017
Submittable, Inc. is a cloud-based platform that specializes in submission management and content curation, enabling organizations to efficiently handle digital content, applications, and submissions. Founded in 2010 and headquartered in Missoula, Montana, with an additional office in New York, Submittable offers comprehensive solutions for managing grants, awards, fellowships, and various intake processes. Its platform features customizable workflows, allowing users to tailor their review processes, and supports team collaboration through shared review panels and task assignments. Additionally, Submittable provides analytics and reporting tools to help organizations assess their impact and make data-driven decisions. The platform is versatile, catering to publishers, competitions, academic applications, and arts organizations by facilitating the submission of diverse media formats such as audio, video, manuscripts, and resumes.

SlamData

Series A in 2017
SlamData software is a solution for data integration and preparation of any data stored in S3, Azure, and Google. It gives more analytics-ready, regardless of complexity. SlamData has connectors to MongoDB, MarkLogic, Couchbase, and Hadoop and employs the industry's first “in-database” analytics solution to keep data processing and analytics close to the data. It was founded in 2014 and is headquartered in Boulder, Colorado.

Pioneer Square Labs

Series A in 2015
Pioneer Square Labs is a startup studio based in Seattle, Washington, that specializes in creating and launching technology startups. Founded in 2015, the company offers a comprehensive range of services, including market research, concept validation, engineering, data science, visual and UX design, and product management. In addition to these core offerings, Pioneer Square Labs provides support in recruiting, fundraising, marketing, company formation, finance, operations, legal, and human resources. The firm's focus is on early-stage investments in technology-driven companies, particularly those located in the Pacific Northwest.

Molio

Debt Financing in 2015
Molio is a digital brand-building agency based in Salt Lake City, Utah, that focuses on launching brands through online video campaigns. Founded in 2014, the company specializes in creating comprehensive online video strategies, utilizing a creative media testing methodology to analyze and refine video content. Molio's recent partnership with Astro Studios, known as AM:LABS, aims to originate, co-create, and validate new brands. Through its innovative approach, Molio enables businesses to enhance their presence and drive sales in a digital landscape.

SlamData

Seed Round in 2015
SlamData software is a solution for data integration and preparation of any data stored in S3, Azure, and Google. It gives more analytics-ready, regardless of complexity. SlamData has connectors to MongoDB, MarkLogic, Couchbase, and Hadoop and employs the industry's first “in-database” analytics solution to keep data processing and analytics close to the data. It was founded in 2014 and is headquartered in Boulder, Colorado.

Zymergen

Series A in 2015
Zymergen, Inc. is a biotechnology company based in Emeryville, California, established in 2013, with additional offices in Boise, Idaho; Medford, Massachusetts; Seattle, Washington; and Tokyo, Japan. The company focuses on researching, developing, and manufacturing microbes for a variety of sectors, including agriculture, chemicals, materials, pharmaceuticals, electronics, and personal care. Zymergen employs a platform that integrates automation, machine learning, and genomics to enhance the optimization of microbial strains, improve existing production processes, and bridge the gap between lab and commercial manufacturing. Additionally, the company offers services for new product development, leveraging its expertise to engineer novel molecules from microbes, thereby harnessing the potential of biological innovation to create advanced materials and products across multiple industries.

Molio

Series A in 2015
Molio is a digital brand-building agency based in Salt Lake City, Utah, that focuses on launching brands through online video campaigns. Founded in 2014, the company specializes in creating comprehensive online video strategies, utilizing a creative media testing methodology to analyze and refine video content. Molio's recent partnership with Astro Studios, known as AM:LABS, aims to originate, co-create, and validate new brands. Through its innovative approach, Molio enables businesses to enhance their presence and drive sales in a digital landscape.

EdgeConneX

Venture Round in 2014
EdgeConneX, Inc. specializes in providing infrastructure solutions for a variety of industries, including telecommunications, content delivery, and commercial property. Founded in 2009 and based in Herndon, Virginia, with an additional office in Denver, Colorado, the company focuses on optimizing data delivery through strategically located edge-of-network facilities. Its offerings include Edge Data Centers for content placement and delivery, Edge PoPs that create access points in high-value buildings, and solutions for wireless small cell networks. With facilities extending to international locations such as Warsaw and Buenos Aires, EdgeConneX aims to meet the increasing demand for efficient, carrier-neutral data center capacity, power, and connectivity, while emphasizing sustainability in its operations.

SlamData

Convertible Note in 2014
SlamData software is a solution for data integration and preparation of any data stored in S3, Azure, and Google. It gives more analytics-ready, regardless of complexity. SlamData has connectors to MongoDB, MarkLogic, Couchbase, and Hadoop and employs the industry's first “in-database” analytics solution to keep data processing and analytics close to the data. It was founded in 2014 and is headquartered in Boulder, Colorado.

B-Stock Solutions

Series B in 2014
B-Stock Solutions operates an online marketplace specializing in the liquidation of overstock and excess inventory. Founded in 2008 and headquartered in Redwood City, California, the company offers auction platforms that cater to a wide range of product categories, including apparel, electronics, appliances, and more. B-Stock Solutions provides comprehensive services that assist both large enterprises and small businesses in optimizing their inventory management, enhancing recovery rates on customer returns, and reducing costs associated with liquidation. The company focuses on marketplace technology and auction strategies, enabling clients to create private-label auction sites tailored to their needs. With a diverse client base that includes Fortune 500 companies and smaller retailers, B-Stock Solutions plays a significant role in transforming the liquidation process across various industries. Additional offices are located in Boston, Salt Lake City, and London.

EdgeConneX

Venture Round in 2014
EdgeConneX, Inc. specializes in providing infrastructure solutions for a variety of industries, including telecommunications, content delivery, and commercial property. Founded in 2009 and based in Herndon, Virginia, with an additional office in Denver, Colorado, the company focuses on optimizing data delivery through strategically located edge-of-network facilities. Its offerings include Edge Data Centers for content placement and delivery, Edge PoPs that create access points in high-value buildings, and solutions for wireless small cell networks. With facilities extending to international locations such as Warsaw and Buenos Aires, EdgeConneX aims to meet the increasing demand for efficient, carrier-neutral data center capacity, power, and connectivity, while emphasizing sustainability in its operations.

Orabrush

Venture Round in 2011
Orabrush, Inc. is an online video marketing brand builder. The company leverages expertise in YouTube content creation, optimization and advertising to commercialize innovative products. Using its "reverse marketing model" with YouTube, the company has delivered unprecedented results in awareness and conversion driving online to offline sales with its line of oral care products (www.orabrush.com), including the Orabrush tongue cleaner; the Orabrush tongue foam powered by Orazyme; the Orapup dog breath brush (www.orapup.com); and Orapup Lickies flavors. Backed by True Ventures and 2x Consumer Product Growth Partners, Orabrush’s products are sold in 25 countries, 75 retailers and more than 30,000 retail stores globally. Founded in 2009, Orabrush is based in Orem, Utah.

B-Stock Solutions

Seed Round in 2009
B-Stock Solutions operates an online marketplace specializing in the liquidation of overstock and excess inventory. Founded in 2008 and headquartered in Redwood City, California, the company offers auction platforms that cater to a wide range of product categories, including apparel, electronics, appliances, and more. B-Stock Solutions provides comprehensive services that assist both large enterprises and small businesses in optimizing their inventory management, enhancing recovery rates on customer returns, and reducing costs associated with liquidation. The company focuses on marketplace technology and auction strategies, enabling clients to create private-label auction sites tailored to their needs. With a diverse client base that includes Fortune 500 companies and smaller retailers, B-Stock Solutions plays a significant role in transforming the liquidation process across various industries. Additional offices are located in Boston, Salt Lake City, and London.
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