
True.
Description
True. (also known as True Global) is a prominent London-based consumer-focused investment and innovation firm established in 2006. The firm distinguishes itself through a unique integrated model that combines a venture capital fund, an innovation hub, and a "Live Network" of corporate partners, including major retailers and brands. This holistic approach allows True. to provide not only capital but also strategic support, industry insights, and commercial opportunities to its portfolio companies, fostering their growth within the dynamic consumer landscape.
True. invests across the entire consumer sector, encompassing retail, leisure, health, wellness, and digital consumer businesses. Their investment strategy is broad, covering a wide range of stages from early-stage (seed to Series A) to growth equity (Series B, C, and beyond). The firm actively seeks out disruptive businesses that are reimagining the consumer experience, leveraging technology and innovative business models. With over £1 billion ($1.26 billion USD) in assets under management, True. has established itself as a significant player in the European consumer investment ecosystem.
For growth-stage companies, True. typically provides initial investments ranging from £5 million to £50 million ($6.3 million to $63 million USD). For earlier-stage ventures, their cheque sizes generally fall between £250,000 and £2 million ($315,000 to $2.5 million USD). This flexibility allows them to support companies at various points in their lifecycle, from nascent startups to established scale-ups. Their portfolio includes a diverse array of companies, reflecting their commitment to backing innovation across the consumer value chain. The firm's deep sector expertise and extensive network are key value propositions for founders seeking more than just capital.
Investor Profile
True. has backed more than 72 startups, with 4 new investments in the last 12 months alone. The firm has led 12 rounds, about 17% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in United Kingdom, United States, Canada.
- Strong thematic focus on E-Commerce, Software, Artificial Intelligence (AI).
- Typical check size: $315K – $63M.
Stage Focus
- Seed (65%)
- Pre Seed (11%)
- Series A (10%)
- Series Unknown (7%)
- Series B (3%)
- Undisclosed (1%)
- Series C (1%)
- Angel (1%)
Country Focus
- United Kingdom (67%)
- United States (18%)
- Canada (4%)
- Germany (3%)
- France (3%)
- United Arab Emirates (1%)
- Australia (1%)
- Indonesia (1%)
- The Netherlands (1%)
Industry Focus
- E-commerce
- Software
- Artificial Intelligence (Ai)
- Health Care
- Internet
- Fashion
- Retail
- Apps
- Retail Technology
- Food And Beverage
Frequently Asked Questions
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