About Trinity Ventures
Trinity Ventures is a venture capital firm founded in 1986. It is primarily based out of Menlo Park, United States. As of Aug 2023, Trinity Ventures has invested in 244 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it led the $2M Seed round of Pivo along with Y Combinator. This round also saw participation from FoundersX Ventures and other investors.
Overall, Trinity Ventures portfolio has seen 10 unicorns, 7 IPOs and 129 acquisitions including key companies like Auth0, New Relic and Zulily. A lot of funds co-invest with Trinity Ventures, with names like Bessemer Venture Partners sharing a substantial percentage of its portfolio.
Trinity Ventures has team of 17 people including 12 partners.
Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 8 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Trinity Ventures' List of Top Investments
Trinity Ventures has a portfolio of 244 companies, including 10 unicorns. Their most notable investments are in Vigo Video and Grin Scooters.Their portfolio spans across United States, India, United Kingdom and 8 more locations. They have invested in Enterprise Applications, Consumer, Retail and 33 other sectors, across stages such as Series A, Series B and 8 more. Here is the list of top investments by Trinity Ventures:1. Auth0
Platform offering identity and access management solution. The product offered by the company is an enterprise grade customer and employee identity management system for organizations. It is a cloud-based identity and authentication management platform that enables developers to securely integrate authentication and authorization capabilities into the web, mobile, and legacy applications.
Key facts about Auth0
- Founded Year: 2013
- Location: Bellevue (United States)
- Last Known Valuation: $1B as on May 21, 2019
- Stage: Acquired
- Total Funding till date: $333M
- Employee Count: 626 as on Dec 31, 2021
- Investors: Founders Circle Capital, Meritech and 17 Others
- Latest Funding Round: Series F, Jul 14, 2020, $120M
- Highlight: Acquired
2. New Relic
Cloud and AI based platform offering enterprise observability solutions. It offers features such as web application monitoring, ruby monitoring, web performance monitoring, PHP monitoring, infrastructure monitoring, Kubernetes monitoring, container monitoring, docker monitoring, and digital customer experience management. It enables user access to a subscription based pricing module.
Key facts about New Relic
- Founded Year: 2008
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $196M
- Employee Count: 1,683 as on Dec 31, 2022
- Investors: JANA Partners, DAG Ventures and 14 Others
- Latest Funding Round: Post IPO, May 2018, $500M
- Highlight: Acquired
3. Zulily
Online shopping platform using flash sales. The product catalog includes clothes, shoes, toys, gifts, home improvement items, etc. The company offers time-limited daily deals on most of its products. Its app is available for iOS and Android platforms.
Key facts about Zulily
- Founded Year: 2009
- Location: Seattle (United States)
- Stage: Acquired
- Total Funding till date: $135M
- Employee Count: 2,866 as on Dec 31, 2021
- Investors: TrueBridge, Greenspring Associates and 5 Others
- Latest Funding Round: Series D, Nov 15, 2012, $85M
- Highlight: Acquired
4. Taulia
AI-based electronic invoicing and supply chain management solution for businesses. It features solutions to provide dynamic discounting, supply chain finance, cash forecasting, invoice automation, supplier management, and more. It offers a web-based invoice management solution that allows you to choose an early payment option using their working capital or third-party funds.
Key facts about Taulia
- Founded Year: 2009
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $220M
- Employee Count: 185 as on Dec 31, 2022
- Investors: DAG Ventures, QuestMark Partners and 25 Others
- Latest Funding Round: Conventional Debt, Mar 11, 2021, $6B
- Highlight: Acquired
Developer of cloud based enterprise networking equipment. It provides enterprise networking, security, and mobile engagement solutions. The products include access points, controllers, WiFi analytics, network management, and outdoor mesh. The features of the product include policy management, policy firewall, intrusion protection, and VPN services. It creates and maintains policies based on user roles, device profiling, and multivendor authentication sources which are used by third party IT systems to monitor analyze current and archived per user access sessions.
Key facts about Aruba Networks
- Founded Year: 2002
- Location: Sunnyvale (United States)
- Stage: Acquired
- Total Funding till date: $86.5M
- Employee Count: 871 as on Dec 31, 2022
- Investors: WK Technology Fund, Matrix and 8 Others
- Latest Funding Round: Grant (prize money), Jan 01, 2021, $1.16M
- Highlight: Acquired
Trinity Ventures' Year-on-Year Investment Trends
Trinity Ventures has invested in 246 companies over the last 27 years, with an average of 5 new investments annually in the last 10 years. Its most recent first time investment was in Pivo and most recent follow-on round was in Funnel.
Year | No. of Investments | ||
---|---|---|---|
1st Round | Follow-on | Total | |
2025 (YTD) | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 1 | 1 |
2022 | 2 | 4 | 6 |
2021 | 1 | 14 | 15 |
2020 | 5 | 12 | 17 |
2019 | 11 | 10 | 21 |
2018 | 9 | 15 | 24 |
2017 | 5 | 14 | 19 |
2016 | 10 | 9 | 19 |
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Trinity Ventures' Investments by Stage
Trinity Ventures has made 86 investments in Series A stage with an average round size of $8.24M, 46 investments in Series B stage with an average round size of $16.6M and 40 investments in Seed stage with an average round size of $2.96M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Series A | 86 |
Series B | 46 |
Seed | 40 |
Series C | 15 |
Series D | 2 |
Others | 5 |
Trinity Ventures' Investments by Sector
Trinity Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Consumer, Retail and Vertical SaaS. Notably, it has invested in 197 Tech companies, 157 Enterprise (B2B) companies, 100 Software companies and at least 79 companies focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
Enterprise Applications | 95 |
Enterprise Infrastructure | 48 |
Consumer | 40 |
Retail | 28 |
Vertical SaaS | 26 |
Others | 153 |
Trinity Ventures' Investments by Geography
Trinity Ventures has made most investments in United States (179), followed by India where it has made 4 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
---|---|
United States | 179 |
India | 4 |
Ireland | 3 |
United Kingdom | 3 |
Germany | 2 |
Others | 6 |
Trinity Ventures' recent investments
Here are the most recent investments by Trinity Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
Aug 18, 2023 | United States | Series B | $32M | ||
Nov 21, 2022 | United States | Seed | $2M | Precursor Ventures [+9] | |
Nov 18, 2022 | United States | Series E | $51.3M | Princeville Capital [+7] | |
Nov 10, 2022 | United States | Series B | $33M | Obvious Ventures [+3] | |
Aug 25, 2022 | United States | Seed | $8.9M | Courtside Ventures [+1] |
Unicorns in Trinity Ventures' Portfolio
Here is a list of unicorns in Trinity Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
---|---|---|---|---|---|---|---|
71 | Provider of a mobile application and SDK to create 3D avatars | 2011 | Los Angeles | Series C | chv{qow | ||
71 | Provider of SaaS and AI-based analytics software for e-commerce businesses | 2012 | Mountain View | Series D | h{yuxr{ | ||
55 | Cloud-based content management platform | 2012 | Berlin | Series F | kjpvskj | ||
66 | Provider of online brokerage services for diversified properties | 2017 | San Francisco | Series D | emzelps | ||
69 | App-based P2P car rental platform | 2010 | San Francisco | Series F | lxnxing |
IPOs and Publicly Listed companies in Trinity Ventures' Portfolio
Here are Trinity Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Jan 31, 2022 | - | - | - | |
Mar 26, 2021 | Jul 07, 2010 | Series A | $1.4M | |
Jan 05, 2021 | - | - | - | |
Jan 25, 2013 | - | - | - | |
Jul 31, 2007 | - | - | - |
Acquired companies in Trinity Ventures' Portfolio
Here are Trinity Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Apr 28, 2025 | 2016 | Series B | $20M | |
Mar 18, 2025 | Aug 04, 2010 | Series A | $6M | |
Mar 04, 2025 | Jun 01, 2018 | Series A | $5M | |
Jun 27, 2024 | Apr 19, 2012 | Seed | $2.1M | |
May 24, 2024 | May 17, 2005 | Series B | $12.6M |
Team profile of Trinity Ventures
Trinity Ventures has a team of 17 members including 12 Partners, 1 Venture Partner and 4 Principals located in United States, India and 1 more locations. Trinity Ventures' team sits on the board of 1 company.Here is a list of top team members in Trinity Ventures:
Name | Designation | Location | Board Memberships | Contact details |
---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | Menlo Park | - | ||
Partner | Menlo Park | - | ||
Partner | San Francisco | - | ||
Partner | Palo Alto | - | ||
Partner | - | - | - | |
Partner | India | - | ||
Partner | Nashik | - | - | |
Partner | Sydney | - | - | |
Partner | United States | - | - | |
Partner | Bengaluru | - | - |
Co-investors of Trinity Ventures
Over the past 27 years, 905 investors have co-invested in Trinity Ventures's portfolio companies.
- Invested before Trinity Ventures: Y Combinator, SV Angel and 159 others have invested in rounds before Trinity Ventures. There are 12 companies where Y Combinator has invested before Trinity Ventures and 6 companies where SV Angel has invested before Trinity Ventures.
- Top Co-investors of Trinity Ventures: 288 investors entered a company along with Trinity Ventures. These include investors like Bessemer Venture Partners (6 companies).
- Invested after Trinity Ventures: A total of 456 investors have invested in Trinity Ventures's portfolio after their investments. Top Investors include Insight Partners (10 companies), Sapphire Ventures (7 companies) and Goldman Sachs (6 companies).
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Recent News related to Trinity Ventures
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Trinity Ventures raises $435M continuation fund, backed by Goldman Sachs, Partners Group, and Portfolio Advisors.GlobeNewswire•Jan 06, 2025•Trinity Ventures
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Funnel Raises $32 Million to Expedite Adoption of the New Operating Model by Multifamily LeadersBusiness Wire•Oct 30, 2023•Funnel, RET Ventures, Trinity Ventures
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InfluxData Raises $81M in Series E and Debt FinancingFinSMEs•Feb 08, 2023•InfluxData, Princeville Capital, Citi, Battery Ventures and 7 others
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Brightside Accelerates Plans to Help Employers Provide Financial Care to Employees with $33 Million in Series B FundingTecHR Series•Nov 14, 2022•Brightside, Obvious Ventures, a16z, Trinity Ventures and 2 others
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Brightside picks up $33 million Series BFinextra•Nov 10, 2022•Brightside, Obvious Ventures, a16z, Trinity Ventures and 3 others
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Tradeblock Raises Over $8.9M in FundingFinSMEs•Aug 25, 2022•TradeBlock, Courtside Ventures, Trinity Ventures, Concrete Rose and 1 other
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Gold House launches $30m VC fund to invest in Asian & Pacific Islander foundersPrivate Equity Wire•Apr 20, 2022•Gold House, Binance Labs, Accel, AlleyCorp and 24 others
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CommerceIQ Secures $115 Million Investment From SoftBank Vision Fund 2 at Unicorn Valuation to Revolutionize Retail Ecommerce ManagementBusiness Wire•Mar 21, 2022•CommerceIQ, Madrona Venture Group, Shasta Ventures, Trinity Ventures and 2 others
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Funnel Raises $36M in Series B FundingFinSMEs•Feb 22, 2022•Funnel, RET Ventures, Camden, Morgan Properties and 5 others
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