United States · Investor

Trinity Ventures

Filed with the SEC to raise a fund in Jan 2025, closing $285M. Last cheque observed Oct 2025.

QuietNew fund $285M, Jan 2025VC firm

SeedSeries ASeries BEnterprise InfrastructureCommercial Real EstateCar Sharing

Cheques on record
0%of best year0cheques in 12 months, 291 on record
Since the last cheque366days00hrs00min00sec
Median round$15MRounds led4 of 291Sole investor31 roundsExits65 from the portfolioMostly inUnited States, 95%
Pitch Trinity Ventures

Trinity Ventures highlights

  1. 01

    291 rounds on record

  2. 02

    Mostly Series B and Series A: 56% of its rounds

  3. 03

    Sole investor in 31 rounds, median $3.2M

  4. 04

    65 exits from the portfolio

What they do

A more personal approach to early-stage investingFrom their own website
Type
VC firm (from a list, unverified)
Cheque size
Up to $15M as they say
Stages
SeedSeries ASeries BGrowthPre-IPO
Sectors
Enterprise InfrastructureCommercial Real EstateCar Sharing
Based in
Menlo Park, United States
Cold pitches
Not accepted

The record

Every round we can evidence, newest first291 appearances

  1. 2025

    1 round

  2. Oct
    UluuSeries A · AU · Startup Daily$16MWith 5 others
  3. 2020

    1 round

  4. May
    Code ClimateSeries B · US · Foundry GroupUndisclosedWith 4 others
  5. 2019

    8 rounds

  6. Nov
    CultivateSeries A · US · Markets$8.0MLed
  7. Sept
    GatsbySeries A · US · FinSMEs$15MWith 4 others
  8. Sept
    Baton SystemsSeries A · US · FinSMEs$12MLed
  9. Aug
    ZeroUS · FinSMEs$2.8MWith 1 other
  10. Jul
    PipefySeries B · US · VentureBeat$45MWith 2 others
  11. Jun
    SquireSeries A · US · FinSMEs$8.0MLed
  12. Jun
    ValtixUS · FinSMEs$14MWith 2 others
  13. Jun
    ApolloUS · FinSMEs$22MWith 2 others
  14. 2018

    2 rounds

  15. Sept
    SynapseFISeries A · US · TechCrunch$17MLed
  16. Jun
    Weights & BiasesSeries A · US · FinSMEs$5.0MWith 1 other
  17. 2017

    1 round

  18. Feb
    BirdEyeUS · FinSMEs$25MWith 1 other
  19. 2016

    5 rounds

  20. Dec
    Dynamic SignalUS · FinSMEs$25MWith 2 others
  21. Oct
    ServerlessSeed · US · FinSMEs$3.0MSole investor
  22. Sept
    MobilizeSeries A · US · FinSMEs$6.5MSole investor
  23. Aug
    Auth0Series B · US · FinSMEs$15MSole investor
  24. Jun
    OutreachSeries A · US · FinSMEs$18MSole investor
  25. 2015

    23 rounds

  26. Dec
    NestioSeries A$8.0MWith 5 others
  27. Nov
    Ruby RibbonSeries C · US$7.5MWith 3 others
  28. Nov
    ProtectWiseSeries B · US$20MWith 4 others
  29. Oct
    GobbleSeries A · US$11MWith 5 others
  30. Oct
    FieldwireSeries A · US$6.6MWith 3 others
  31. Oct
    SimilitySeed · US$1.5MSole investor
  32. Aug
    ServiceMaxSeries F · US$82MWith 12 others
  33. Jul
    Bulletproof ExecutiveSeries A · CA$9.0MSole investor
  34. Jul
    VTSSeries B · US$21MWith 1 other
  35. Jul
    PreactVenture · US$5.1MWith 4 others
  36. Jun
    RadiumOneSeries C · US$54MWith 4 others
  37. Jun
    MayvennSeries A · US$10MWith 7 others
  38. Jun
    CohesitySeries B · US$55MWith 8 others
  39. Jun
    CyphortSeries C · US$30MWith 4 others
  40. May
    MeteorSeries B · US$20MWith 2 others
  41. Apr
    ZIRXSeries B · US$30MWith 5 others
  42. Apr
    DockerSeries D · US$95MWith 9 others
  43. Mar
    Jama SoftwareSeries C · US$20MWith 2 others
  44. Mar
    Aryaka NetworksSeries C · US$16MWith 4 others
  45. Mar
    harvest.aiSeed · US$2.3MSole investor
  46. Feb
    FieldwireSeed · US$1.1MWith 5 others
  47. Jan
    MileIQSeries A · US$12MWith 3 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 registration13 named

AEAjay E. ChopraManagement Member of General Partner to IssueriFiling they signed
AOAugustus O. TaiManagement Member of General Partner to IssueriFiling they signed
DODaniel O. ScholnickManagement Member of General Partner to IssueriFiling they signed
FOFred O. WangManagement Member of General Partner to IssueriFiling they signed
KOKaran O. MehandruManagement Member of General Partner to IssueriFiling they signed
KAKathleen A. MurphyManagement Member of General Partner to IssueriFiling they signed
LKLawrence K. OrrManagement Member of General Partner to IssueriFiling they signed
MRMcculloch Ross LyleCCO, Svp, FinanceiForm ADV
NCNina C. LabattManagement Member of General Partner to IssueriFiling they signed
NJNoel John FentonManagement Member of General Partner to IssueriFiling they signed
PEPatricia Eileen NakacheManagement Member of General Partner to IssueriFiling they signed
RVRamakrishna Venkata SatyavoluManagement Member of General Partner to IssueriFiling they signed
TPTimothy P. McAdamManagement Member of General Partner to IssueriFiling they signed

We also hold 19 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

$1.2Bassets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
TVL Management Corporation
SEC number
CRD 159537

Funds on its Form ADV

9 private funds, $1.3B in gross assets · filed Oct 2024

  1. Trinity Ventures XI, L.P.Venture42 investors$606M
  2. Trinity Ventures XII, L.P.Venture39 investors$566M
  3. Trinity Ventures X, L.P.Venture43 investors$86M
  4. Trinity XI Entrepreneurs' Fund, L.P.Venture34 investors$9.5M
  5. Trinity XII Entrepreneurs' Fund, L.P.Venture44 investors$7.8M
  6. Trinity XI SIDE-BY-SIDE Fund, L.P.Venture8 investors$4.7M
  7. Trinity XII SIDE-BY-SIDE Fund, L.P.Venture10 investors$4.3M
  8. Trinity X Entrepreneurs' Fund, L.P.Venture26 investors$980K
  9. Trinity X SIDE-BY-SIDE Fund, L.P.Venture7 investors$520K

What they claim to have backed

From their own portfolio page (on their website)

0 of 1 we have independently watched raise

Firefox

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Exits from the portfolio

Companies it backed that were later bought or listed65 in all

Citus DataBought by MicrosoftUndisclosedJan 2019
harvest.aiBought by Amazon$20MJan 2017
TubeMogulBought by Adobe$540MNov 2016
ClearleapBought by IbmUndisclosedDec 2015
zulilyBought by Liberty Interactive Corporation$2.4BAug 2015
dotloopBought by Zillow$108MJul 2015
BlueStripeBought by MicrosoftUndisclosedJun 2015
Lasso MediaBought by PhotobucketUndisclosedMar 2015
FitStarBought by Fitbit$18MMar 2015
Aruba NetworksBought by Hewlett-Packard$2.7BMar 2015
Armor5Bought by Digital GuardianUndisclosedOct 2014
CloudscalingBought by EMCUndisclosedOct 2014
ShopIgniterBought by MixpoUndisclosedSept 2014
Perfect MarketBought by TaboolaUndisclosedAug 2014
dotCloudBought by cloudControlUndisclosedAug 2014
Namo MediaBought by Twitter$50MJun 2014
PlayFirstBought by Glu MobileUndisclosedMay 2014
PayScaleBought by Warburg Pincus$100MApr 2014
Green Throttle GamesBought by GoogleUndisclosedMar 2014

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

Companies it bought

Acquisitions by the firm itself

SciQuest$25MJul 2004

Who they invest alongside

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

Recently backed

The latest companies Trinity Ventures put money into.

Quick answers about Trinity Ventures

What does Trinity Ventures invest in?

Trinity Ventures invests most often at Series B and Series A (56% of the rounds on record), in sectors such as Enterprise Infrastructure, Commercial Real Estate and Car Sharing.

How active is Trinity Ventures?

291 investments on record, 0 of them in the last 12 months, and it led 4. The most recent was in Oct 2025.

What has Trinity Ventures invested in recently?

Its most recent investments on record: Uluu (Series A, Oct 2025), Code Climate (Series B, May 2020) and Cultivate (Series A, Nov 2019).

How big are Trinity Ventures's cheques?

The median round it joins is $15M.

Does Trinity Ventures lead rounds?

Sometimes: it led 4 of its 291 investments on record (1%).

Where does Trinity Ventures invest?

Most of the companies it backs are in the United States (95%).

Is Trinity Ventures investing now?

No investments in the last 12 months; the latest was in Oct 2025.

Who does Trinity Ventures invest alongside?

Most often Matrix Partners (20 rounds together), Mayfield Fund (16 rounds together) and Lightspeed Venture Partners (13 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it