Fundraising Fox

TrueBridge Capital Partners

Fund of funds

Chapel Hill · Seed–Late Stage · 45 people tracked

Also known as TRUEBRIDGE CAPITAL PARTNERS LLC

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Investment thesis

TrueBridge is centered in the venture ecosystem and focuses on innovation investing, emphasizing perspective, relationships, and long-term trust built over decades. The firm positions itself as a long-term partner and advocate for its limited partners, underlying managers, and portfolio companies. Its long history in the business is said to provide access to identify and fund the best opportunities, while strong relationships across the venture ecosystem give it insight into a changing industry. The firm invests in and alongside managers backing technologies including AI, defense, space, and frontier tech.

Source: firm website, verified Aug 11, 2026.

Stage
Seed–Late Stage
HQ
Chapel Hill, NC, US
Leads rounds
Follows
Instruments
Equity
Founded
2007
AUM
$11.2B
Tracked investments
1

Team · 45 people

from the firm's website
Andrew Winslow· Partner
Yael Tzur· Partner
Liam Quinn· Principal
Alexandra Standring· Senior Investor Relations Associate
Alicia Sweeney· Chief Marketing Officer
Alyssa Stovall· Marketing & Communications Vice President
Carroll Scott· Executive Assistant
Juliana Valente· Executive Assistant
Michael Yenča· Investment Associate
Patrick Repko· Vice President
Robert Templeton· Vice President
Ryan Slattery· Investor Relations Analyst
Shonda Schwalbe· Office Manager

What they invest in

from 1 of 1 portfolio companies

Gaming ×1Sports Tech ×1

HQs:United States×1

Investments · 1 tracked

founders shown can be your intro path
Cloud9cloud9.ggin𝕏Sep 2018

Cloud9 is an esports organization that competes in Call of Duty: Black Ops 7, a first-person shooter game with competitive multiplayer modes.

GamingSports TechLos Angeles, US

Paullie K. Etienne(Executive Officer, Director)Daniel Fiden(Director)Jacques M. Etienne(Executive Officer, Director)

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures · 28

as of Jun 2025
FundVintageCommittedNet IRRTVPIDPI
TrueBridge Blockchain II (Parallel), L.P.LPs: Florida State Board of Administration20251.00x0.00x
TrueBridge Capital FSA III, LLCLPs: Florida State Board of Administration20233.0%1.02x0.00x
TrueBridge Capital Partners Fund VIIILPs: Teachers' Retirement System of Oklahoma20230.97x0.97x
TrueBridge Capital Partners Fund VIII (Parallel), L.P.LPs: Florida State Board of Administration2023-18.1%0.87x0.00x
TrueBridge Secondaries ILPs: Teachers' Retirement System of Oklahoma20231.34x0.10x
TrueBridge Blockchain I (Parallel), L.P.LPs: Florida State Board of Administration20223.3%1.05x0.00x
TrueBridge Blockchain I LPLPs: Florida State Board of Administration202217.9%1.29x0.00x
TrueBridge Blockchain LPLPs: Florida State Board of Administration20221.01x0.00x
TrueBridge Capital Partners Fund VII (Parallel) LPLPs: Florida State Board of Administration20215.8%1.11x0.06x
TrueBridge Capital FSA II LLCLPs: Florida State Board of Administration20206.7%1.26x0.00x
TrueBridge Capital FSA Il LLCLPs: Florida State Board of Administration202039.0%1.62x0.00x
TrueBridge Capital Partners Fund VI (Parallel) LPLPs: Florida State Board of Administration20198.8%1.34x0.06x
TrueBridge Capital Partners Fund V (Parallel) LPLPs: Florida State Board of Administration201820.3%2.52x0.34x
TrueBridge-Kauffman Fellows Endowment Fund IV (Parallel) LPLPs: Florida State Board of Administration201624.1%3.76x1.21x
TrueBridge Capital FSA LLCLPs: Florida State Board of Administration201532.8%4.48x1.46x
TrueBridge Special Purpose (F3) LLCLPs: Florida State Board of Administration201420.4%3.28x2.11x
TrueBridge-Kauffman Fellows Endowment Fund III (Parallel) LPLPs: Florida State Board of Administration201316.3%3.31x1.75x
TrueBridge FLSBA Special Purpose, LLCLPs: Florida State Board of Administration201226.5%5.59x2.34x
TrueBridge Special Purpose (F) LLCLPs: Florida State Board of Administration201221.6%5.24x2.91x
Truebridge I CVELPs: South Carolina Retirement System Investment Commission201010.7%
Truebridge II KauffLPs: South Carolina Retirement System Investment Commission201020.8%
TrueBridge-Kauffman Fellows Endowment Fund II (Parallel) LPLPs: Florida State Board of Administration201020.0%5.22x3.43x
Truebridge-Kauffman Fellows Endowment Fund IVLPs: Florida State Board of Administration200745.7%4.26x0.61x
TrueBridge Capital Partners Fund V, L.P.LPs: Florida State Board of Administration200669.0%2.88x0.09x
TrueBridge Capital Partners Fund VI, L.P.LPs: Florida State Board of Administration200595.6%1.61x0.00x
TrueBridge Special Purpose II (F)LPs: Florida State Board of Administration200431.0%4.89x1.17x
TrueBridge-Kauffman Fellows Fund III, L.P.LPs: Florida State Board of Administration200424.7%3.97x1.04x
TrueBridge Capital Partners Fund VII, L.P.LPs: Florida State Board of Administration20010.91x0.00x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

What stage does TrueBridge Capital Partners invest at?
TrueBridge Capital Partners invests at the Seed, Late Stage stages.
What sectors does TrueBridge Capital Partners focus on?
TrueBridge Capital Partners focuses on AI & Machine Learning, Crypto & Web3, Deep Tech, Defense Tech, Sector Agnostic, Space Tech.
Where is TrueBridge Capital Partners located?
TrueBridge Capital Partners is headquartered in Chapel Hill, US.
Does TrueBridge Capital Partners lead rounds?
TrueBridge Capital Partners typically participates in rounds rather than leading them.

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