Trust Ventures Fund
Trust Ventures Fund last closed a fund in March 2025 — 20 months ago.
Trust Ventures Fund V, LP — a Form D for a new fund, newer than the record below. The raise has started.
By its own rhythm it was due Nov 2027.
Filed for a new fund on Monday 26 October 2026 — Trust Ventures Fund V, LP, not stated. 021-602531 ↗ This is newer than the record below, which is rebuilt quarterly. See the feed.
Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again as of the last quarterly rebuild.
- Funds on file
- 5
- Capital raised
- $617M
- Latest close
- March 2025
- Based in
- TX
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Trust Ventures Fund IV, LP | March 2025 | $225M | 0002053412 ↗ |
| Trust Ventures AI Fund, LP | October 2023 | $10M | 0001997951 ↗ |
| Trust Ventures Fund III, LP | February 2022 | $200M | 0001909346 ↗ |
| Trust Ventures Fund II, LP | October 2019 | $132M | 0001789242 ↗ |
| Trust Ventures Fund I, LP | — | $50M | 0001738691 ↗ |
Dated from filing date; no date of first sale was reported.
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Brian Tochman, Salen Churi
What Trust Ventures Fund invests in
- Typical fund
- $132M median, early stage, Series A-B scale
- Website
- trustventures.com
Service providers
- Fund administrator
- Carta (3 funds); no administrator reported for 1 fund
- Auditor
- Frank Rimerman (3 funds)
From Form ADV filed by TRUSTVENTURES, LLC CRD 341366 ↗, latest filing March 2026, covering 4 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.