# Trinity Capital: portfolio, investments and team

> Trinity Capital is a vc firm based in United States. 132 investments on record, 28 in the last 12 months, latest Aug 2026.

Source: https://millionrounds.com/fund/trinity-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Trinity Capital

Last cheque observed Aug 2026; 132 cheques on record.

Email

Deploying now New fund $74M, Jun 2026 VC firm Website unconfirmed

Seed AI & Machine Learning Advertising (AdTech) Artificial Intelligence & Machine Learning (AI/ML)

Follow Trinity Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ftrinity-capital)

Deploying now

**74%** of best year **28** **cheques in 12 months**, 132 on record

Since the last cheque **91** days **00** hrs **00** min **00** sec

Median round **$35M** Rounds led **2 of 132** Sole investor **67 rounds** Mostly in **United States, 64%**

Pitch Trinity Capital

## Trinity Capital highlights

- 01 28 cheques in the last 12 months
- 02 Mostly Debt and Venture: 89% of its rounds
- 03 Sole investor in 67 rounds, median $7.3M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed
- **Sectors:** AI & Machine Learning Advertising (AdTech) Artificial Intelligence & Machine Learning (AI/ML)
- **Based in:** United States
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=trinity-capital).

## The record

Every round we can evidence, newest first **132 appearances**

- **2026** 22 rounds
- **Aug** **[LuxWall](https://millionrounds.com/company/luxwall)** Debt · US **$77M** With 3 others
- **Jul** **[Dwelly](https://millionrounds.com/company/dwelly)** Series B · GB · Ventureburn **$170M** With 6 others
- **Jul** **[Dwelly](https://millionrounds.com/company/dwelly)** Series B · GB **$95M** With 3 others
- **Jul** **[Gravie](https://millionrounds.com/company/gravie)** Growth · US **$150M** With 4 others
- **Jul** **[Cadillac Mines](https://millionrounds.com/company/cadillac-mines)** CA **$43M** Sole investor
- **Jun** **[Shoulder Innovations](https://millionrounds.com/company/shoulder-innovations)** Debt · US **$45M** With 3 others
- **Jun** **[TQA](https://millionrounds.com/company/tqa)** Venture · US **Undisclosed** Sole investor
- **Jun** **[Hut 8 Corp.](https://millionrounds.com/company/hut-8-corp)** Debt · CA **$4.3B** With 1 other
- **May** **[Cagent Vascular](https://millionrounds.com/company/cagent-vascular)** Series C · US · U.S. Venture Partners **$41M** With 1 other
- **May** **[Parafin](https://millionrounds.com/company/parafin)** Venture · US **Undisclosed** With 4 others
- **Apr** **[Iantrek](https://millionrounds.com/company/iantrek)** Growth · US · U.S. Venture Partners **$30M** *Led*
- **Apr** **[Cala Health](https://millionrounds.com/company/cala-health)** Debt · US **$50M** With 3 others
- **Apr** **[Wisetack](https://millionrounds.com/company/wisetack)** Venture · US **Undisclosed** With 3 others
- **Apr** **[Angel Studios](https://millionrounds.com/company/angel-studios)** US **$35M** With 2 others
- **Apr** **[Openly](https://millionrounds.com/company/openly)** Venture · US **Undisclosed** With 4 others
- **Apr** **[Torus](https://millionrounds.com/company/torus)** Debt · LT **$35M** With 6 others
- **Mar** **[Sage Health](https://millionrounds.com/company/sage-health)** Debt · US **$50M** Sole investor
- **Mar** **[Emboline](https://millionrounds.com/company/emboline)** Venture · US **$20M** Sole investor
- **Feb** **[Motorway](https://millionrounds.com/company/motorway)** Debt · GB **$34M** With 4 others
- **Feb** **[Dwelly](https://millionrounds.com/company/dwelly)** Debt · GB **$50M** With 3 others
- **Feb** **[AST SpaceMobile](https://millionrounds.com/company/ast-spacemobile)** Debt · US **$1.0B** With 2 others
- **Jan** **[RxAnte](https://millionrounds.com/company/rxante)** Venture · US **Undisclosed** Sole investor
- **2025** 32 rounds
- **Dec** **[Nomad Health](https://millionrounds.com/company/nomad-health)** Venture · US **$34M** With 7 others
- **Dec** **[Kinetic](https://millionrounds.com/company/kinetic)** Venture · SG **Undisclosed** With 4 others
- **Nov** **[Sortera Technologies](https://millionrounds.com/company/sortera-technologies)** Venture · US **$45M** With 2 others
- **Nov** **[CleanSpark](https://millionrounds.com/company/cleanspark)** Debt · US **$1.1B** With 1 other
- **Nov** **[Thrivory](https://millionrounds.com/company/thrivory)** Debt · US **$25M** Sole investor
- **Nov** **[KERV Interactive](https://millionrounds.com/company/kerv-interactive)** Venture · US **Undisclosed** With 3 others
- **Oct** **[Hut 8 Corp.](https://millionrounds.com/company/hut-8-corp)** Venture · CA **Undisclosed** With 2 others
- **Oct** **[Kard](https://millionrounds.com/company/kard)** Venture · FR **$15M** With 5 others
- **Sept** **[Angel Studios](https://millionrounds.com/company/angel-studios)** Debt · US **$100M** With 2 others
- **Sept** **[TQA](https://millionrounds.com/company/tqa)** Debt · US **$15M** Sole investor
- **Sept** **[Cadillac Mines](https://millionrounds.com/company/cadillac-mines)** Venture · CA **$87M** Sole investor
- **Sept** **[Unmind](https://millionrounds.com/company/unmind)** Debt · GB **$26M** With 3 others
- **Sept** **[Nalu Medical](https://millionrounds.com/company/nalu-medical)** Venture · US **$50M** With 3 others
- **Aug** **[Mesa](https://millionrounds.com/company/mesa)** Seed · US **$24M** With 4 others
- **Aug** **[Restor3d](https://millionrounds.com/company/restor3d)** Series B · US **$104M** Sole investor
- **Jul** **[INSHUR](https://millionrounds.com/company/inshur)** Growth · GB · AlleyWatch **$35M** *Led*
- **Jul** **[EarthDaily Analytics](https://millionrounds.com/company/earthdaily-analytics)** Debt · CA **$60M** Sole investor
- **Jul** **[Alt](https://millionrounds.com/company/alt)** Debt **$40M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **24 named**

CW **Charles Walker Collier, III** Managing Director i Filing they signed

CD **Clay Dumas** Director i Filing they signed

DE **David E Lund** Executive Officer i Filing they signed

EG **Edmund G Zito** Director i Filing they signed

GW **Gary Walker Chesson** Managing Director i Filing they signed

GE **Gerald E. Harder** Member of the Investment Committee of the General Partner i Filing they signed

IP **Ian Pearce** Director i Filing they signed

JE **Jason E. Hamlin** Member of the General Partner i Filing they signed

JW **Jeff Walker Sheehan** Managing Director i Filing they signed

JH **Julian Howard Hayden III** Member of the General Partner i Filing they signed

KS **Kyle Steven Brown** Member of the Investment Committee of the General Partner i Filing they signed

MT **Michael Testa** CFO and Treasurer i Form ADV

PW **Peter Walker Conway** Managing Director i Filing they signed

RA **R. Alex Erhart** Member of the General Partner i Filing they signed

RA **Richard Alex Erhart** Principal of General Partner i Filing they signed

RR **Richard R Ward** Director i Filing they signed

RL **Ron L. Kundich** Member of the Investment Committee of the General Partner i Filing they signed

RE **Ronald E Estes** Director i Filing they signed

RK **Ronald Kundich** Manager of General Partner i Filing they signed

SR **Samuel Romer** Director i Filing they signed

SE **Sarah E Stanton** Chief Compliance Officer i Form ADV

SE **Scott E Harvey** Executive Officer i Filing they signed

SL **Steven L. Brown** Managing Member of the General Partner i Filing they signed

SE **Susan E Echard** Executive Officer i Filing they signed

We also hold **148** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$158M** assets it manages Oct 2026

**4+** funds on file numbered funds in its name

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Trinity Capital Adviser LLC
- **SEC number:** CRD 326133

Funds on its Form ADV

**1** private fund, **$60M** in gross assets · filed Jul 2024

- EPT 16 LLC *Private equity* 2 investors $60M

New fund on file

**$74M**

raised in Jun 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed

Median round joined **$35M** the round, not its cheque Alone, median **$7.3M**

Led 2 of 132 rounds **2%**

- **Sole investor:** 67 rounds
- **Last cheque:** Aug 2026

Rounds by stage said on their site

- Debt *76*
- Venture *33*
- Growth *7*
- Series A *3*
- Series B *3*
- Seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) 7
- [General Catalyst](https://millionrounds.com/fund/general-catalyst) 4
- [Techstars](https://millionrounds.com/fund/techstars) 4
- [Georgian](https://millionrounds.com/fund/georgian) 3
- [S16vc](https://millionrounds.com/fund/s16vc-founders-for-founders-fund) 3
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 3

**Pitching Trinity Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Trinity Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Alumni Ventures** VC firm **7** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**General Catalyst** VC firm **4** rounds together](https://millionrounds.com/fund/general-catalyst)[**Techstars** VC firm **4** rounds together](https://millionrounds.com/fund/techstars)[**Georgian** VC firm **3** rounds together](https://millionrounds.com/fund/georgian)[**S16vc** Angel network **3** rounds together](https://millionrounds.com/fund/s16vc-founders-for-founders-fund)[**Y Combinator** Accelerator **3** rounds together](https://millionrounds.com/fund/y-combinator)[**AVP** Investment firm **2** rounds together](https://millionrounds.com/fund/avp-2)[**B Capital** VC firm **2** rounds together](https://millionrounds.com/fund/b-capital)[**Ben Franklin Technology Partners of Southeastern Pennsylvania** Government **2** rounds together](https://millionrounds.com/fund/ben-franklin-techn)[**Bessemer Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/bessemer-venture-partners)[**Bossa Invest** VC firm **2** rounds together](https://millionrounds.com/fund/bossa-invest)[**BoxGroup** VC firm **2** rounds together](https://millionrounds.com/fund/boxgroup)

## Recently backed

The latest companies Trinity Capital put money into.

[**LuxWall** $77M · Aug 2026](https://millionrounds.com/company/luxwall)[**Dwelly** $170M · Jul 2026](https://millionrounds.com/company/dwelly)[**Gravie** $150M · Jul 2026](https://millionrounds.com/company/gravie)[**Cadillac Mines** $43M · Jul 2026](https://millionrounds.com/company/cadillac-mines)[**Shoulder Innovations** $45M · Jun 2026](https://millionrounds.com/company/shoulder-innovations)[**TQA** Jun 2026](https://millionrounds.com/company/tqa)

## Books by the people here

One book written by people at Trinity Capital: [Steve Brown](https://millionrounds.com/person/steve-brown).

- How to Talk So People Will Listen Steve Brown · 1993 3.64 from 233 ratings on Goodreads About the book Words are powerful when they are used correctly. If readers want to motivate their kids or employees, convince bosses to give them a raise, speak with confidence to large groups of people, or give a report that won't leave people snoozing, How to Talk So People Will Listen is… On AmazonListen on Audible
- Find the books for what you are building, or how you invest. [Open the Reading List](https://millionrounds.com/reading-list)

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about Trinity Capital

### What does Trinity Capital invest in?

Trinity Capital invests most often at Debt and Venture (89% of the rounds on record), in sectors such as AI & Machine Learning, Advertising (AdTech) and Artificial Intelligence & Machine Learning (AI/ML).

### How active is Trinity Capital?

132 investments on record, 28 of them in the last 12 months, and it led 2. The most recent was in Aug 2026.

### What has Trinity Capital invested in recently?

Its most recent investments on record: LuxWall (Debt, Aug 2026), Dwelly (Series B, Jul 2026) and Gravie (Growth, Jul 2026).

### How big are Trinity Capital's cheques?

The median round it joins is $35M.

### Does Trinity Capital lead rounds?

Sometimes: it led 2 of its 132 investments on record (2%).

### Where does Trinity Capital invest?

Most of the companies it backs are in the United States (64%), the United Kingdom (15%) and Canada (13%).

### Is Trinity Capital investing now?

Yes: it is actively investing, with 28 investments in the last 12 months.

### Who does Trinity Capital invest alongside?

Most often Alumni Ventures (7 rounds together), General Catalyst (4 rounds together) and Techstars (4 rounds together).

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