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Trinity Ventures

North America, California, United States, Menlo Park

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Trinity Ventures frequently co-invest with?

Mohr Davidow Ventures
North America, California, United States, San Mateo
Co-Investments: 14
Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 13
M
North America, California, United States, San Francisco
Co-Investments: 31
Mayfield Fund
North America, California, United States, Menlo Park
Co-Investments: 28
Norwest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 13
Foundation Capital
North America, California, United States, Palo Alto
Co-Investments: 14
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 19
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 13
Madrona
North America, Washington, United States, Seattle
Co-Investments: 15
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 14

Which angels does Trinity Ventures often collaborate with?

KV
North America, California, United States, Santa Barbara
Shared Deals: 2
ML
North America, California, United States
Shared Deals: 2
PB
North America, California, United States, Mountain View
Shared Deals: 2
MB
North America, California, United States, San Francisco
Shared Deals: 3
Shared Deals: 2
BL
North America, California, United States, Menlo Park
Shared Deals: 2
CS
North America, California, United States, Truckee
Shared Deals: 3
RT
North America, California, United States, San Francisco
Shared Deals: 3
AP
North America, California, United States, Sunnyvale
Shared Deals: 2
AK
North America, California, United States, Los Angeles
Shared Deals: 2

What are some of recent deals done by Trinity Ventures?

Astranis

San Francisco, California, United States

Astranis is a space startup that builds small and low-cost telecommunications satellites to provide internet access in remote regions.

AerospaceInternetSatellite CommunicationTelecommunications
Series DJul 24, 2024
Amount Raised: $200,000,000
Funnel

Odessa, Florida, United States

Funnel provides a renter-centric platform for the multifamily industry.

Cloud Data ServicesMarketingProperty ManagementReal EstateSaaS
Series BOct 30, 2023
Amount Raised: $32,000,000
InfluxData

San Francisco, California, United States

InfluxData is the creator of InfluxDB, an open source time series database and platform.

AnalyticsData VisualizationDatabaseInformation TechnologyInternet of Things
Series EFeb 8, 2023
Amount Raised: $51,000,000
Pivo

Wuse, Federal Capital Territory, Nigeria

Pivo is a financial hub that allows small & medium businesses across Africa access to all the financial services they need in one place.

CreditFinancial ServicesWealth Management
SeedNov 21, 2022
Amount Raised: $2,000,000
Brightside

San Francisco, California, United States

Brightside is an employer-based financial health solution that combines personal assistants and an innovative partner platform.

Financial ServicesFinTechHealth Insurance
Series BNov 10, 2022
Amount Raised: $33,000,000
Tradeblock

Houston, Texas, United States

Tradeblock provides the community with an easy and secure way to trade and use their kicks as currency.

RetailShoesTrading Platform
SeedAug 1, 2022
Amount Raised: $11,123,545
CommerceIQ

Palo Alto, California, United States

CommerceIQ is an omnichannel management platform that helps large brands use machine learning and automation to increase e-commerce sales.

AnalyticsConsumer GoodsE-CommerceMachine LearningSalesSoftware
Series DMar 21, 2022
Amount Raised: $115,000,000
Funnel

Odessa, Florida, United States

Funnel provides a renter-centric platform for the multifamily industry.

Cloud Data ServicesMarketingProperty ManagementReal EstateSaaS
Series BFeb 22, 2022
Amount Raised: $36,500,000
Cyrus Biotechnology

Seattle, Washington, United States

Cyrus Biotechnology is a developer of Rosetta software platform that solves drug discovery problems.

BiotechnologyNutritionSoftware
Series BDec 6, 2021
Amount Raised: $18,000,000
Life House

New York, New York, United States

Life House is a vertically integrated hotel software and management platform on the mission to make hotels operationally autonomous.

HospitalityHotelLeisureLifestyleSoftwareTravel
Series CDec 2, 2021
Amount Raised: $60,000,000