Contact:

Ben Veghte
NVCA
202.864.5923
bveghte@nvca.org


FOR IMMEDIATE RELEASE:

MENLO PARK, CA – The National Venture Capital Association (NVCA) today presented True Ventures with the 2018 Venture Firm of the Year Award at the 2018 NVCA Leadership Gala.  Held at the Rosewood Sand Hill in Menlo Park, CA, the NVCA Leadership Gala celebrates the venture industry and honors those who have made significant contributions to foster innovation, advance technology and drive new company formation. 

“We couldn’t be happier for the True team and are honored to recognize them as the 2018 Venture Firm of the Year,” said Bobby Franklin, President and CEO of NVCA.  “Since True’s founding in 2005, Jon, Phil and the rest of the True team have established themselves as leaders of our industry through their investments, their support for entrepreneurs and their commitment to creating a more inclusive ecosystem.  We congratulate them on this achievement and wish them the best of luck as they continue to lead our industry into the future.”   

About the Venture Firm of the Year Award

The Venture Firm of the Year Award was created to recognize venture capital firms for their significant contributions to advance the entrepreneurial ecosystem and generate returns for their investors.  Firms receiving the award are recognized for strong fund performance and high exit multiples for recent exits as well as activities to promote entrepreneurship and create a more diverse and inclusive ecosystem.

Previous Recipients: Emergence Capital


About National Venture Capital Association

Venture capitalists are committed to funding America’s most innovative entrepreneurs, working closely with them to transform breakthrough ideas into emerging growth companies that drive U.S. job creation and economic growth. As the voice of the U.S. venture capital community, the National Venture Capital Association (NVCA) empowers its members and the entrepreneurs they fund by advocating for policies that encourage innovation and reward long-term investment. As the venture community’s preeminent trade association, the NVCA serves as the definitive resource for venture capital data and unites its member firms through a full range of professional services. For more information about the NVCA, please visit www.nvca.org.