About Trust Fund
Trust Fund is a venture capital firm founded in 2022. It is primarily based out of Los Angeles, United States. As of Jun 2025, Trust Fund has invested in 27 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Retail to Enterprise Applications and Consumer. Most recently it participated in the $***** Seed round of Nectar Social Overall, Trust Fund portfolio has seen 6 unicorns, 1 IPO and 3 acquisitions including key companies like MoonPay, Eight Sleep and Public. A lot of funds co-invest with Trust Fund, with names like Sophia Amoruso sharing a substantial percentage of its portfolio. Trust Fund has team of 4 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Trust Fund's List of Top Investments
Trust Fund has a portfolio of 27 companies, including 6 unicorns. Their most notable investmentis in Browse AITheir portfolio spans across United States, Canada and France. They have invested in Retail, Enterprise Applications, Consumer and 15 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Trust Fund:1. MoonPay
Provider of platform for buying, selling, and swapping various cryptocurrencies. The platform facilitates the instant purchase of cryptocurrencies using various payment methods. It also enables users to sell cryptocurrencies directly to their bank accounts or cards. Additionally, the platform offers the ability to send and receive cryptocurrencies.
Key facts about MoonPay
- Founded Year: 2018
- Location: Dover (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $683M
- Employee Count: 477 as on Sep 30, 2026
- Investors: K2 Global, Foundation Capital and 83 Others
- Latest Funding Round: Series B, Oct 17, 2026, $*****
- Highlight: Editors' Pick
2. Eight Sleep
Provider of AI-based internet-first brand of mattress and smart mattress covers. It provides an AI-based internet-first brand of thermoregulated mattress, carbon air pillow, and smart mattress cover that is controlled via smartphone. It allows the user to set the temperature of the mattress independently and monitor the body vitals such as breathing and heart-rate variability. This control allows the user to fall asleep faster and improves the quality of sleep. The app can be connected with other smart devices to monitor sleep activity.
Key facts about Eight Sleep
- Founded Year: 2014
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $323M
- Employee Count: 272 as on Sep 30, 2026
- Investors: SoftBank Group, StartX and 89 Others
- Latest Funding Round: Series D, Mar 04, 2026, $*****
- Highlight: Editors' Pick
3. Public
Multi-asset investment platform for individuals. It enables investing in stocks, treasuries, bonds, crypto, ETFs, and alternative assets. It allows users to buy and sell shares based on real-time prices. Features tools for accessing historical analysis, tracking investments, referencing news articles for investing, investment thesis, public talks, live news, and more. Application is made available on Android and iOS platforms.
Key facts about Public
- Founded Year: 2019
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $421M
- Employee Count: 895 as on Sep 30, 2026
- Investors: Lakestar, Atlant Ventures and 58 Others
- Latest Funding Round: Series D, Dec 03, 2024, $*****
- Highlight: Editors' Pick
4. Superhuman
Provider of an AI-powered email scheduling app. It offers a browser extension that enables users to start up, search and send mail. It has undone send features, artificial intelligence to detect and highlight important emails, read status, mail scheduling and follow up.
Key facts about Superhuman
- Founded Year: 2014
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $118M
- Employee Count: 166 as on Sep 30, 2026
- Investors: HT Ventures, Hone Capital and 48 Others
- Latest Funding Round: Series C, 2024, $*****
- Highlight: Acquired
5. Pogo
App-based platform offering rewards for multi-category products. The app enables users to avail of rewards automatically on their product bills without receipt scanning. The app offers reward points for multi-category products like fashion, beauty, groceries, and more. The mobile application is available for Android and iOS users.
Key facts about Pogo
- Founded Year: 2020
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $32M
- Employee Count: 277 as on Sep 30, 2026
- Investors: Flucas Ventures, Village Global and 49 Others
- Latest Funding Round: Series A, Jun 09, 2026, $*****
- Highlight: Editors' Pick
Trust Fund's Year-on-Year Investment Trends
Trust Fund has invested in 27 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Nectar Social.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 1 | 0 | 1 |
2023 | 2 | 0 | 2 |
2022 | 1 | 0 | 1 |
2021 | 1 | 0 | 1 |
Trust Fund's Investments by Stage
Trust Fund has made 4 investments in Seed stage with an average round size of $4.85M, 1 investment in Series A stage with an average round size of $14.8M and 1 investment in Series C stage with an average round size of $87.6M.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series A | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Trust Fund's Investments by Sector
Trust Fund has a diverse portfolio, with companies operating in the Enterprise Applications, Retail, Consumer, FinTech and Consumer Goods. Notably, it has invested in 23 Tech companies, 15 Consumer (B2C) companies, 12 Software companies and at least 11 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
Retail | 3 |
Consumer | 2 |
FinTech | 2 |
Consumer Goods | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Trust Fund's Investments by Geography
Trust Fund has made most investments in United States (5), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 5 |
Canada | 1 |
Note: We have considered here, only first round of investments
Trust Fund's recent investments
Trust Fund has not made any investment in 2026 so far.Here are the most recent investments by Trust Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 05, 2025 | United States | Seed | 3369 | [+7] | |
Sep 06, 2024 | United States | Seed | 7895 | ||
Aug 15, 2023 | Canada | Seed | 7629 | [+6] | |
Feb 24, 2023 | United States | Seed | 2301 | [+3] | |
Jul 26, 2022 | United States | Series A | 6511 | [+40] |
Unicorns in Trust Fund's Portfolio
Trust Fund has 6 unicorns in its portfolio - Eight Sleep, Liquid Death, Kindbody and others. The most recent unicorn in their portfolio is Eight Sleep. It became a unicorn in 2026, 4 years after Trust Fund first invested in it.Here is a list of unicorns in Trust Fund's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
81 | Provider of AI-based internet-first brand of mattress and smart mattress covers | 2014 | New York City | Series D | ivucxqu | ||
66 | Internet first brand offering beverages | 2014 | Los Angeles | Series D | obaxrgw | ||
50 | Provider of fertility services for women | 2018 | New York City | Series D | litfeae | ||
82 | Provider of platform for buying, selling, and swapping various cryptocurrencies | 2018 | Dover | Series B | i{frhyd | ||
62 | Online revenue-based financing marketplace for SaaS businesses | 2019 | Los Angeles | Series C | caohxmu |
IPOs and Publicly Listed companies in Trust Fund's Portfolio
1 of Trust Fund's portfolio company became public - 1stdibs. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2021 at marketcap of $732MHere are Trust Fund's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 10, 2021 | - | - | 4999 |
Acquired companies in Trust Fund's Portfolio
3 companies from Trust Fund's portfolio have been acquired. The most recent acquisition was Chillhouse in Jan 2026 by Kiss for $*****.Here are Trust Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 06, 2026 | - | - | 3318 | |
Jul 01, 2025 | - | - | 3180 | |
May 15, 2023 | - | - | 3789 |
Team profile of Trust Fund
Trust Fund has a team of 4 members including 3 Partners located in United States. Trust Fund's team does not sit on the board of any company as of now.Here is a list of all team members in Trust Fund:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Los Angeles | - | ||
Partner | Aspen | - | - | |
Partner | New York City | - | - |
Co-investors of Trust Fund
Over the past 5 years, 115 investors have co-invested in Trust Fund's portfolio companies. This includes funds and angels.
- Invested before Trust Fund: Khosla Ventures, Founders Fund and 18 others have invested in rounds before Trust Fund. There is 1 company where Khosla Ventures has invested before Trust Fund and 1 company where Founders Fund has invested before Trust Fund.
- Top Co-investors of Trust Fund: 79 investors entered a company along with Trust Fund. These include investors like Sophia Amoruso (2 companies).
- Invested after Trust Fund: A total of 16 investors have invested in Trust Fund's portfolio after their investments. Top Investors include HSG (1 company), Atreides Management (1 company) and Charles Leclerc (1 company).
Recent News related to Trust Fund
•
Nectar Social Raises $10.6M in Pre-Seed and Seed FundingFinSMEs•Jun 05, 2025•Nectar Social, True Ventures, Google Ventures, Trust Fund and 6 others
•
Agree.com Secures $7.2M Seed Funding to Disrupt E-Signature with Integrated PaymentsFinancial IT•May 07, 2025•Agree, Blank Ventures, Better Tomorrow Ventures, 8-Bit Capital and 5 others
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Agree.com Raises $7.2M Seed to Disrupt E-Signature with Integrated Payments for Faster TransactionsBusiness Wire•May 06, 2025•Agree, Blank Ventures, Better Tomorrow Ventures, 8-Bit Capital and 5 others
