True Ventures to Raise $295M Venture Capital Fund

▤ Summary

According to a regulatory form filed with the SEC, True Ventures V, L.P., is seeking to raise $295m.The document lists founders Phil Black and Jon Callaghan as people related to the offering.Founded in 2005, True Ventures providing seed and Series A funding to early-stage technology startups operating in today’s fastest growing markets.Beyond capital, True Ventures maintains a founder community and offers educational opportunities to its portfolio, which has helped create over 3,500 jobs.The firm is based in San Francisco and Palo Alto.

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