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About TrueBridge
TrueBridge is a venture capital firm founded in 2007. It is primarily based out of Chapel Hill, United States. As of Sep 2026, TrueBridge is an active investor, having invested in 43 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 Consumer and FinTech. Most recently it participated in the $***** Seed round of Liquid Compute Overall, TrueBridge portfolio has seen 3 unicorns, 18 IPOs and 14 acquisitions including key companies like Uber, Slack and Airbnb. A lot of funds co-invest with TrueBridge, with names like Canapi Ventures sharing a substantial percentage of its portfolio. TrueBridge has team of 28 people including 5 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series D, Series A & 4 more
Deals in last 12 months
TrueBridge's List of Top Investments
TrueBridge has a portfolio of 43 companies, including 3 unicorns. Their most notable investmentis in LotameTheir portfolio spans across United States, China, South Korea and 1 more locations. They have invested in Enterprise Applications, Consumer, FinTech and 22 other sectors, across stages such as Series D, Series A and 4 more. Here is the list of top investments by TrueBridge:
1. Uber
Network providing on-demand transportation, delivery, and business management solutions. It facilitates ride requests and connects individuals with transportation providers. Additionally, it offers delivery services for food and other goods. The network extends to business solutions, providing tools for managing rides, meals, and local deliveries for organizations.
Key facts about Uber
- Founded Year: 2009
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $13.2B
- Employee Count: 167,166 as on Aug 31, 2026
- Investors: TrueBridge, InvestX and 192 Others
- Latest Funding Round: Post IPO, Dec 19, 2020, $*****
- Highlight: Public
2. Slack
Developer of communication software for team collaboration and project management. This platform facilitates messaging, file sharing, and audio or video meetings. It integrates with various third-party applications to automate workflows and manage tasks. Users organize conversations into channels to coordinate projects and share information. The software includes tools for searching archives, managing user profiles, and implementing security protocols for data protection. Artificial intelligence features assist with summarizing content, drafting responses, and managing automated agents to streamline routine work processes.
Key facts about Slack
- Founded Year: 2009
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.22B
- Employee Count: 2,615 as on Aug 31, 2026
- Investors: ADS Ventures, Glynn Capital and 69 Others
- Latest Funding Round: Post IPO, Apr 16, 2020, $*****
- Highlight: Acquired
3. Airbnb
Provider of accommodations, experiences, and related services through an online platform. The platform facilitates connections between hosts and individuals seeking lodging and activities. It offers a variety of options for stays and curated experiences. The platform also provides resources for individuals interested in becoming hosts.
Key facts about Airbnb
- Founded Year: 2008
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $3.07B
- Employee Count: 72,829 as on Aug 31, 2026
- Investors: Silver Lake, 2020 Ventures and 167 Others
- Latest Funding Round: Series E, Apr 06, 2020, $*****
- Highlight: Public
4. Instacart
Operator of an online marketplace providing grocery and delivery services. The platform connects customers with personal shoppers who fulfill orders from various retailers. Customers can select items, chat with shoppers, and schedule delivery or pickup. The marketplace offers a range of grocery, household, and other retail products. It also provides options for membership and business accounts.
Key facts about Instacart
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.93B
- Employee Count: 25,341 as on Aug 31, 2026
- Investors: TrueBridge, equitywestsecurities.com and 85 Others
- Latest Funding Round: Series F, Oct 15, 2021, $*****
- Highlight: Public
5. Coinbase
Online platform for crypto portfolio. It offers solutions for consumers such as regular trading platforms, wallets for storing cryptocurrencies, crypto exchanges, USD-backed stable coins, and more. It also provides solutions for businesses such as custodian services, crypto-based payment acceptance solutions, and more.
Key facts about Coinbase
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,124 as on Aug 31, 2026
- Investors: Intel, 2020 Ventures and 149 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
TrueBridge's Year-on-Year Investment Trends
TrueBridge has invested in 43 companies over the last 13 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 3 investments, while as of Sep 2026, it has made 1 investment in this year. Its most recent first time investment was in Liquid Compute and most recent follow-on round was in Aviatrix.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 3 | 0 | 3 |
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 |
TrueBridge's Investments by Stage
TrueBridge has made 4 investments in Series D stage with an average round size of $74M, 2 investments in Series A stage with an average round size of $17.5M and 2 investments in Series B stage with an average round size of $31.8M.Stage of entry | No. of Investments |
|---|---|
Series D | 4 |
Series A | 2 |
Series B | 2 |
Post IPO | 1 |
Seed | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
TrueBridge's Investments by Sector
TrueBridge has a diverse portfolio, with companies operating in the Enterprise Applications, Blockchain Technology, Consumer, FinTech and High Tech. Notably, it has invested in 41 Tech companies, 29 Enterprise (B2B) companies, 25 Saas companies and at least 25 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 8 |
Blockchain Technology | 2 |
Consumer | 2 |
FinTech | 2 |
High Tech | 2 |
Others | 9 |
Note: We have considered here, only first round of investments
TrueBridge's Investments by Geography
TrueBridge has made most investments in United States (11).TrueBridge's recent investments
TrueBridge has made 1 investments in 2026 so far - Liquid Compute.Here are the most recent investments by TrueBridge:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 15, 2026 | United States | Seed | 4249 | [+6] | |
Nov 12, 2025 | United States | Series A | 5875 | [+4] | |
Apr 29, 2025 | United States | Series A | 6496 | [+3] | |
Feb 25, 2025 | United States | Series C | 6722 | ||
Sep 08, 2021 | United States | Series E | 2771 | [+9] |
Unicorns in TrueBridge's Portfolio
TrueBridge has 3 unicorns in its portfolio - Aviatrix, Tipalti and Tanium. The most recent unicorn in their portfolio is Aviatrix. It became a unicorn in 2021.Here is a list of unicorns in TrueBridge's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
59 | Provider of cloud network security and multicloud networking platform solutions | 2013 | Santa Clara | Series E | pcfwfyn | ||
60 | Cloud-based procurement and invoice management solutions for businesses | 2010 | Foster City | Series F | put{nvt | ||
74 | Enterprise endpoint security and management solutions | 2007 | Kirkland | Series F | mkymjnn |
IPOs and Publicly Listed companies in TrueBridge's Portfolio
18 of TrueBridge's portfolio companies have become public. SpaceX got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2026 at marketcap of $996B and Instacart got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $8.3B.Here are TrueBridge's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 12, 2026 | - | - | 2764 | |
Sep 19, 2023 | - | - | 5804 | |
Apr 14, 2021 | - | - | 7193 | |
Mar 11, 2021 | - | - | 3053 | |
Oct 02, 2020 | - | - | 2076 |
Acquired companies in TrueBridge's Portfolio
14 companies from TrueBridge's portfolio have been acquired. The most recent acquisition was Airtable in Aug 2026 by Bending Spoons for $*****.Here are TrueBridge's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 04, 2026 | - | - | 7829 | |
Jan 15, 2026 | Feb 25, 2025 | Series C | 3928 | |
Mar 29, 2025 | - | - | 4860 | |
Mar 18, 2025 | - | - | 1203 | |
Mar 06, 2025 | Mar 05, 2014 | Series D | 3875 |
Team profile of TrueBridge
TrueBridge has a team of 28 members including 5 Partners and 6 Principals located 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 | Raleigh | - | ||
Partner | New York City | - | ||
Partner | Raleigh | - | - | |
Principal | Durham | - | ||
Principal | Chapel Hill | - | ||
Principal | Chapel Hill | - | - | |
Principal | Chapel Hill | - | - | |
Principal | Chapel Hill | - | ||
Principal | Raleigh | - | - |
Co-investors of TrueBridge
Over the past 13 years, 104 investors have co-invested in TrueBridge's portfolio companies. This includes funds and angels.
- Invested before TrueBridge: Founders Fund, Emergence Capital and 57 others have invested in rounds before TrueBridge. There are 2 companies where Founders Fund has invested before TrueBridge and 2 companies where Emergence Capital has invested before TrueBridge.
- Top Co-investors of TrueBridge: 32 investors entered a company along with TrueBridge. These include investors like Canapi Ventures (2 companies).
- Invested after TrueBridge: A total of 13 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).
Recent News related to TrueBridge
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TrueBridge Capital Partners Announces Close of Second Venture Secondaries FundPR Newswire•Sep 08, 2026•TrueBridge
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Crypto startup Seismic raises $10 million to help fintechs protect customer dataCryptocurrency•Nov 12, 2025•Seismic, a16zcrypto, Andreessen Horowitz, dao5 and 4 others
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Hyper-investment firm Camp Network secures $30 million in Series A fundingWowtale•Aug 21, 2025•Hyperithm, Paper Ventures, Protagonist, Hypersphere Ventures and 7 others
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Metronome Secures $50 Million in Series C Funding to Drive Adoption of Usage-Based Pricing in Software and AISalesTech Star•Feb 25, 2025•Metronome, New Enterprise Associates, Andreessen Horowitz, Greyhound Capital and 14 others
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Robot Ventures Raises $75 Million for Early-Stage Crypto Venture Capital FundCryptocurrency•Aug 30, 2024•Robvc, Hack VC, TrueBridge, Haun Ventures and 8 others
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Chapel Hill investment firm TrueBridge launches blockchain fund, seeks $125MWRAL TechWire•Mar 07, 2023•TrueBridge
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Chapel Hill investment firm raising $150M for fund of funds – againWRAL TechWire•Feb 16, 2023•TrueBridge
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