Truelink Capital
Private equityLos Angeles · 2 people tracked
Investment thesis
Truelink Capital is a private equity firm targeting the Business Services and Industrials verticals, including environmental, infrastructure, commercial and industrial services, financial technology, tech-enabled services, software, business process outsourcing, IT services, education technology, building products, chemicals, industrial technology, industrial distribution, manufacturing, packaging, and transportation and logistics. The firm applies a tested, modularized operational playbook developed over decades of hands-on private equity investing, deploying internal and external resources and strong management talent to drive value creation across the life of a deal. ESG principles are integrated into its diligence and reporting, aiming to leave companies and communities better than it found them.
Source: firm website, verified Aug 25, 2026.
Team · 2 people
from the firm's websiteWhat they invest in
from 13 of 16 portfolio companiesAdvanced Manufacturing ×6Construction Tech ×5AdTech ×3Consumer ×3Marketing Tech ×3AI & Machine Learning ×1B2B Marketplaces ×1E-commerce ×1
HQs:United States×5
Investments · 16 tracked
founders shown can be your intro pathCo-investorsAccess Venture PartnersAdit Ventures Management, LlcAgilitas Private EquityAlba Infra PartnersALIVE Israel HealthTech FundAlkemi Growth Capital+73 more
Ansira offers a unified, AI-infused platform combined with human expertise for brand-to-local marketing, covering partner marketing, incentive management, local demand generation, and customer engagement.
AdTechMarketing TechSaaS
Co-investorsTech Wildcatters
Channel Factory operates an AI-powered contextual advertising platform that curates brand-suitable channels and videos for video ad campaigns across YouTube, Meta, TikTok, and CTV.
AdTechAI & Machine LearningMarketing TechHacienda Heights, US
Flipp is a shopping app and marketplace that aggregates weekly digital flyers, coupons, and deals from over 2,000 retailers, letting consumers browse offers, clip digital coupons to loyalty cards, and build shopping lists.
ConsumerMarketplacesRetail Tech
Co-investorsGarage Capital
JT THORPE Group is a holding company providing specialized industrial services—including refractory, fireproofing, scaffolding, insulation, coatings, and mechanical solutions—for maintaining and extending the life of critical industrial assets.
Advanced ManufacturingConstruction TechEnergySalt Lake City, US
Co-investorsH.I.G. Capital
Lyons Magnus manufactures food products and ingredients for the foodservice and ingredient industries, serving restaurant and food brands in the United States.
Advanced ManufacturingConsumerFoodTech
Co-investorsPaine Schwartz PartnersWP Global Partners
PRIME is an electrical construction company providing design, installation, and maintenance of commercial electrical systems, along with emergency service calls and underground, traffic, and utility services.
Construction Tech
Richardson is a sales training organization that provides consultative selling, negotiation, and sales presentation programs, delivered through AI-enabled learning with data and analytics.
EdTechFuture of WorkSales Tech
Global sales training and performance improvement provider combining proprietary IP, digital technology and a data-driven approach for large enterprise clients.
SouthernCarlson supplies construction fasteners, tools, packaging, and related products along with services such as plant installs, takeoffs, and deliveries.
Advanced ManufacturingB2B MarketplacesConstruction Tech
Co-investorsKelso
Portfolio news
latest coverage across their companiesLyons · 4ni.co.uk · Aug 6, 2026
Fund performance · per public LP disclosures
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Truelink Capital I, L.P.LPs: San Diego City Employees' Retirement System | 2023 | — | 59.0% | 1.43x | 0.12x |
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
- How many investments has Truelink Capital made?
- Truelink Capital has 16 tracked investments.
- What sectors does Truelink Capital focus on?
- Truelink Capital focuses on Advanced Manufacturing, EdTech, Enterprise Software, Fintech, Logistics & Supply Chain, New Materials, SaaS.
- Where is Truelink Capital located?
- Truelink Capital is headquartered in Los Angeles, US.
- Who does Truelink Capital co-invest with?
- Truelink Capital most often shares deals with Garage Capital, H.I.G. Capital, Kelso, among 6 tracked co-investors.
Similar investors
Fly Ventures is an early-stage venture firm that backs founders at the zero-to-one stage, with portfolio companies going on to raise substantial follow-on funding from top US and European VCs.
Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.
Everywhere Ventures is an early-stage venture firm, backed by a community of founders and operators as LPs, that writes early checks (including pre-seed) into startups across many sectors and geographies.
MPG Fund is an early-stage venture investor backing technology startups.
Advent International is a global private equity firm that partners with management teams to build market leaders through buyouts, corporate carve-outs, and value creation across selected sectors.



