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True Wealth Ventures is a venture capital fund founded in 2015 and based in Austin, Texas. The firm focuses on investing in early-stage, women-led companies that aim to improve human and environmental health. True Wealth Ventures seeks to deliver superior returns to investors and communities by supporting businesses that are led by women and have a significant impact on sustainability and health.
The firm has a total AUM of approximately $60 million, following the closure of its second fund at $35 million in 2022. True Wealth Ventures emphasizes the importance of gender diversity in driving venture success, aiming for investments that can achieve valuations of $100 million or more within 3-5 years. The firm operates primarily in the United States, with a strong commitment to supporting women entrepreneurs.
True Wealth Ventures has made notable strides in the venture capital space by focusing on sectors that align with its mission, including healthcare, climate, biotech, food-agtech, and consumer products. The firm has a portfolio of nine companies, each contributing to its overarching goal of enhancing human and environmental health.
True Wealth Ventures exclusively targets women-led companies that are making strides in environmental and human health. The fund primarily invests at the early stages, often at the Series Seed level, and focuses on high-growth markets where women are key decision-makers. Their investment strategy is rooted in the belief that gender diversity is a critical factor in achieving venture success.
The firm invests in sectors such as healthcare, climate, biotech, food-agtech, and consumer products. True Wealth Ventures prefers to be the first institutional investor in its portfolio companies, typically providing initial checks ranging from $500,000 to $1 million. The fund's thesis emphasizes that companies must have at least one full-time female founder or C-suite executive with significant decision-making authority and equity ownership.
True Wealth Ventures looks for capital-efficient businesses with a plausible acquisition exit within 3-5 years at a valuation of $100 million or more. The firm actively supports its portfolio companies by taking board seats and leveraging its network to facilitate growth, ensuring that investments align with its mission of improving health and sustainability.
True Wealth Ventures has invested in a diverse array of companies that align with its mission of supporting women-led initiatives in health and sustainability. Notable portfolio companies include:
These companies exemplify True Wealth Ventures' commitment to investing in businesses that not only aim for financial success but also contribute positively to society and the environment.
Sara T Brand, Ph.D. - Founding General Partner. Sara has a background in venture capital and management consulting, with experience in strategic and operational roles in large technology companies. She co-founded (512) Brewing and has a technical background in green design and mechanical engineering.
Kerry Rupp - General Partner. Kerry is the former CEO of DreamIt, a startup accelerator and VC fund. She has held VP roles at AllRecipes, Jobster, Classmates, and LexisNexis. Kerry also teaches for NSF I-Corps and has a strong focus on health tech and women-led initiatives.
Laurie Felker Jones - Visiting Partner. Laurie works with funds and portfolios on investment and impact alpha. She has advised founders and funders across various asset classes and is linked to alternative fund models and impact finance work.
To pitch True Wealth Ventures, founders should submit their proposals through the contact page on the firm's website. It is essential to include a comprehensive deck that outlines the business model, market opportunity, and team qualifications. The firm prefers to receive pitches via email and values warm introductions, although cold submissions are also accepted.
Response times can vary, but founders can generally expect feedback within a few weeks. It is advisable to clearly articulate how the startup aligns with True Wealth Ventures' focus on women-led initiatives and health or sustainability impacts.
In 2022, True Wealth Ventures closed its second fund at $35 million, bringing its total AUM to approximately $60 million. This fund focuses on early-stage investments in women-led companies that enhance human and environmental health.
Notable portfolio activity includes Atlantic Sea Farms, which raised $3.8 million in 2025 with support from True Wealth Ventures. The firm continues to expand its portfolio, emphasizing investments in sectors such as healthcare, climate, and sustainable agriculture.
What are True Wealth Ventures' investment criteria?
True Wealth Ventures exclusively invests in women-led companies that improve human and environmental health. Companies must have at least one full-time female founder or C-suite executive with significant decision-making authority and equity ownership.
How can I pitch my startup to True Wealth Ventures?
Founders can submit their pitch through the contact page on the True Wealth Ventures website. It is recommended to include details about the team, market opportunity, and how the business aligns with the firm’s focus on health and sustainability.
What makes True Wealth Ventures different from other VC firms?
The firm emphasizes gender diversity as a critical factor in achieving venture success. True Wealth Ventures focuses exclusively on women-led companies, aiming to deliver superior returns while making a positive impact on communities and the environment.
What is the typical check size for investments?
True Wealth Ventures typically provides initial checks ranging from $500,000 to $1 million, with the potential for additional co-investment from limited partners.
What stages does True Wealth Ventures invest in?
The firm primarily invests in early-stage companies, focusing on pre-seed, seed, and Series A rounds.
What is the geographic focus of True Wealth Ventures?
True Wealth Ventures focuses on companies based in the United States, particularly those with strong ties to Austin and Texas.
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