TRUE WEALTH VENTURE CAPITAL, LLC

Thesis

The firm's core investment thesis is that women-led companies demonstrate superior financial performance and represent an underserved market within the venture capital landscape. True Wealth Ventures exclusively invests in early-stage, women-led companies that have a core value proposition focused on improving human and environmental health. Their focus sectors include Healthcare, environmental solutions, consumer products, food & agriculture, and technology. They primarily invest in seed-stage and early-stage venture rounds, with a geographic scope limited to the United States. As of June 2022, the firm's total assets under management (AUM) were approximately $60 million. Fund II closed at over $35 million, and Fund I, closed in 2018, was $19.1 million. First checks typically range between $500,000 and $1 million, though some sources indicate average check sizes between $200,000 and $500,000, or even $0-$100K and $100K-$500K ranges. The firm distinguishes itself through its exclusive focus on women-led companies and its commitment to impact investing, aiming to generate both financial returns and positive societal impact. They also highlight a significant participation of women as Limited Partners (LPs) in their funds, with 80% of LPs in Fund I being women, which they see as a crucial step in addressing gender inequality in the VC ecosystem.

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