
Trinity Ventures
Description
Trinity Ventures is a distinguished early-stage venture capital firm headquartered in Menlo Park, California, with a long-standing history dating back to its founding in 1986. The firm primarily focuses on Seed, Series A, and Series B investments, positioning itself as a crucial partner for nascent companies looking to scale. Trinity Ventures is known for its hands-on approach, working closely with founders to navigate the challenges of early growth and market penetration.
The firm's investment strategy spans a diverse range of sectors, including enterprise software, fintech, consumer technology, and healthcare. Trinity Ventures seeks out visionary entrepreneurs who are building disruptive technologies and innovative business models. They often lead or co-lead investment rounds, providing not just capital but also strategic guidance, operational support, and access to their extensive network. This collaborative model is central to their philosophy of fostering long-term partnerships that drive significant value creation.
Trinity Ventures has consistently raised substantial funds to support its investment activities. Their most recent fund, Trinity Ventures XIII, closed in 2021 with $450 million in committed capital, following Trinity Ventures XII which raised $400 million in 2018. These significant capital pools enable the firm to make meaningful initial investments and provide substantial follow-on funding as their portfolio companies mature. Typically, Trinity Ventures' initial check sizes range from $1 million to $15 million, reflecting their commitment to backing companies from their earliest stages through significant growth milestones.
Over its decades of operation, Trinity Ventures has built an impressive portfolio, contributing to the success of numerous well-known companies. Notable past investments include early support for Starbucks, Blue Nile, Chegg, New Relic, and Docker, among others. Their track record demonstrates a consistent ability to identify and nurture high-potential startups that go on to achieve significant market impact and successful exits, solidifying their reputation as a leading early-stage investor in the technology landscape.
Investor Profile
Trinity Ventures has backed more than 471 startups, with 1 new investments in the last 12 months alone. The firm has led 128 rounds, about 27% of its total and boasts 149 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series A, Series C rounds (top funding stages).
- Majority of deals are located in United States, Ireland, United Kingdom.
- Strong thematic focus on Software, SaaS, Enterprise Software.
- Typical check size: $1M – $15M.
Stage Focus
- Series B (25%)
- Series A (24%)
- Series C (15%)
- Series Unknown (11%)
- Seed (10%)
- Series D (7%)
- Series E (2%)
- Private Equity (1%)
- Series F (1%)
- Post Ipo Equity (1%)
Country Focus
- United States (94%)
- Ireland (3%)
- United Kingdom (2%)
Industry Focus
- Software
- Saas
- Enterprise Software
- Information Technology
- Internet
- E-commerce
- Analytics
- Mobile
- Artificial Intelligence (Ai)
- Cloud Computing
Frequently Asked Questions
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