True Ventures

Venture Capital Exempt reporting adviser

Legal name: True Venture Management, L.L.C.

Palo Alto, CA Website X

AUM

$3.9B
Private fund assets

Private funds

22
Venture Capital 22

Private fund assets

$3.9B
Gross asset value

Employees

—

Last Form D raise

Sep 2026
Most recent fund filing

From SEC Form ADV filing (filed Mar 25, 2026). View on SEC

Investment focus

As listed in industry directories; may be out of date.

Stages
Series A
Geographies
USA

People(2)

Owners and executive officers named on the firm's SEC Form ADV.

J
Jonathan Callaghan
Member
Source: SEC Form ADV
P
Philip Black
Member
Source: SEC Form ADV

Funds(22)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
True Ventures IX, L.P.Venture Capital$155.5M$172.4M33Sep 2026Hot
True Ventures Select V, L.P.Venture Capital$49.6M$56.1M21Sep 2026Hot
True Ventures VIII, L.P.Venture Capital$879.7M——Jun 2022Cold
True Ventures Vii-A, L.P.Venture Capital$19.1M——Aug 2020Cold
True Ventures VII, L.P.Venture Capital$355.1M——Jun 2020Cold
True Ventures Select IV, L.P.Venture Capital$285.4M——Jun 2020Cold
True Ventures Vi-A, L.P.Venture Capital$32.3M——Aug 2018Cold
True Ventures VI, L.P.Venture Capital$506.9M——Jun 2018Cold
True Ventures Select III, L.P.Venture Capital$238.9M——Jun 2018Cold
True Ventures Select II, L.P.Venture Capital$184.4M——Jul 2016Cold
True Ventures V-A, L.P.Venture Capital$10.3M——Jun 2016Cold
True Ventures V, L.P.Venture Capital$197.8M——Mar 2016Cold
True Ventures Select I, L.P.Venture Capital$36.2M——May 2015Cold
True Ventures SPV I, L.P.Venture Capital$35.3M$15.3M5May 2014Cold
True Ventures Iv-A, L.P.Venture Capital$68.9M——Mar 2014Cold

Board seats(1)

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

Outboundworks
Other TechnologySan Francisco, CADirector: Philip Black
$3.0M raised
Since Dec 2017
SEC Form D

Regulatory identifiers

CRD number
162586
SEC file number
802-76139
CIK
1645914

Sources