Trinity Ventures

Trinity Ventures is a long-established early-stage venture capital firm founded in 1986 and based in Menlo Park, California. The firm invests in early-stage technology and consumer companies, primarily in the United States, spanning sectors such as software and cloud infrastructure, consumer products and services, healthcare, fintech, digital media, artificial intelligence and marketing technology; its two largest portfolio concentrations are enterprise applications and consumer, and it is willing to lead. Trinity invests across seed, Series A and Series B stages, with cheques generally ranging from about $1 million to $15 million and averaging around $5 million, and reported average round sizes of roughly $3 million at seed, $8.2 million at Series A and $16.4 million at Series B. Over nearly four decades the firm has managed around $1.3 billion in assets across nine funds and built a strong track record, with its portfolio producing 11 unicorns, 8 IPOs and roughly 130 acquisitions. Notable portfolio companies include Starbucks, an early investment, New Relic, Care.com, Turo, Zulily, Blue Nile, Auth0 (acquired by Okta) and Outreach. The investment team emphasizes a collaborative, personally engaged approach built on mutual respect and goal alignment with founders, and key partners include Ajay Chopra, Patricia Nakache and founding partner Noel Fenton. In January 2025 the firm announced the close of Trinity Ventures 2024, LP, a multi-asset continuation fund with approximately $435 million in total commitments, anchored by Partners Group, Portfolio Advisors and funds managed by Goldman Sachs Asset Management. With four decades of early-stage investing, Trinity backs technology and consumer founders.