Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Firms / Trust Ventures Capital, LLC

Trust Ventures Capital, LLC

Institutional venture firmAustin, TXtrustventures.comSEC venture capital fund adviserpart of Trust Ventures

One of 2 advisers that share trustventures.com; the firm is Trust Ventures. Trustventures, LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

venture manager, reported GAV $324M across 14 vehicles

Importance
32
moderate
Active deployment
25
moderate
Emerging
0
low
Completeness
50
elevated
Freshness
97
high
Research priority
14
low
Identity and regulatory footprint
Headquarters
Austin, TXadviserinfo.sec.gov
Office address
2028 E BEN WHITE BLVD, #240-3636, Austin, TX, 78741adviserinfo.sec.gov
Business phone
(513)436-3343adviserinfo.sec.gov
Website
HTTPS://WWW.TRUSTVENTURES.COM
SEC adviser type
exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 25, 2026
Private funds reported
19 (19 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$286Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
business phone
(513)436-3343adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
not stated or not yet read
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
14 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
TV Antora Spv II, LPSPV or co-invest vehicle2024 adv first reportedEarly deployment$19.5M
Feb 7, 2024
9unknownunknown
TV Sana Spv III, LPSPV or co-invest vehicle2023 adv first reportedActive deployment$21.7M
Feb 7, 2024
16unknownunknown
TV Be Meati Spv, LPSPV or co-invest vehicle2023 adv first reportedActive deployment$7.6M
Feb 7, 2024
11unknownunknown
TV Rxdefine Spv II, LPSPV or co-invest vehicle2023 adv first reportedActive deployment$2.1M
Feb 7, 2024
6unknownunknown
TV Antora Spv, LPSPV or co-invest vehicle2023 adv first reportedActive deployment$1.0M
Feb 7, 2024
3unknownunknown
TV Veryable Spv I, LPSPV or co-invest vehicle2022 adv first reportedActive deployment$10.1M
Feb 7, 2024
12unknownunknown
TV Icon Spv II, LPSPV or co-invest vehicle2022 adv first reportedActive deployment$9.0M
Feb 7, 2024
18unknownunknown
TV Sana Spv II, LPSPV or co-invest vehicle2022 adv first reportedActive deployment$7.8M
Feb 7, 2024
15unknownunknown
TV Icon Spv III, LPSPV or co-invest vehicle2022 form d first saleActive deployment$5.1M
Feb 7, 2024
7$4.0M
of $4.0M
Feb 24, 2022
TV Rxdefine Spv I, LPSPV or co-invest vehicle2022 adv first reportedActive deployment$5.1M
Feb 7, 2024
3unknownunknown
TV Sana Spv I, LPSPV or co-invest vehicle2021 adv first reportedMature$6.0M
Feb 7, 2024
7unknownunknown
TV Icon Spv I, LPSPV or co-invest vehicle2020 adv first reportedMature$14.7M
Feb 7, 2024
4unknownunknown
Trust Ventures Fund II, LPFund2019 form d first saleMature$110M
Feb 7, 2024
35$132M
of $132M
Jul 9, 2021
Trust Ventures Fund I, LPFundunknownUnknown$104M
Feb 7, 2024
26$0
of $50.0M
Apr 26, 2018
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
2 current, 0 departed
Brian Peter Tochman
Manager · since Dec 1, 2017
Partner
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Salen Michael Churi
Manager · since Dec 1, 2017
Partner
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
17 dated events
  1. Feb 7, 2024
    TV Antora Spv II, LP first reported on Form ADV by Trust Ventures Capital, LLC (Venture Capital Fund), GAV $19,517,079
    Fund first reported on Form ADVFundsFactTV Antora Spv II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  2. Feb 7, 2024
    Trust Ventures Ai Fund, LP first reported on Form ADV by Trust Ventures Capital, LLC (Venture Capital Fund), GAV $1,951,106
    Fund first reported on Form ADVFundsFactTrust Ventures Ai Fund, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  3. Mar 21, 2023
    TV Sana Spv III, LP first reported on Form ADV by Trust Ventures Capital, LLC (Venture Capital Fund), GAV $21,707,407
    Fund first reported on Form ADVFundsFactTV Sana Spv III, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  4. Mar 21, 2023
    TV Antora Spv, LP first reported on Form ADV by Trust Ventures Capital, LLC (Venture Capital Fund), GAV $1,025,734
    Fund first reported on Form ADVFundsFactTV Antora Spv, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  5. Mar 21, 2023
    TV Be Meati Spv, LP first reported on Form ADV by Trust Ventures Capital, LLC (Venture Capital Fund), GAV $7,652,340
    Fund first reported on Form ADVFundsFactTV Be Meati Spv, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  6. Mar 21, 2023
    TV Rxdefine Spv II, LP first reported on Form ADV by Trust Ventures Capital, LLC (Venture Capital Fund), GAV $2,154,795
    Fund first reported on Form ADVFundsFactTV Rxdefine Spv II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  7. Mar 21, 2023
    TV Icon Spv III, LP first reported on Form ADV by Trust Ventures Capital, LLC (Venture Capital Fund), GAV $5,079,471
    Fund first reported on Form ADVFundsFactTV Icon Spv III, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  8. Mar 21, 2023
    Trust Ventures Fund III LP first reported on Form ADV by Trust Ventures Capital, LLC (Venture Capital Fund), GAV $207,326,465
    Fund first reported on Form ADVFundsFactTrust Ventures Fund III LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  9. Apr 1, 2022
    TV Veryable Spv I, LP first reported on Form ADV by Trust Ventures Capital, LLC (Venture Capital Fund), GAV $10,013,500
    Fund first reported on Form ADVFundsFactTV Veryable Spv I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  10. Apr 1, 2022
    TV Sana Spv II, LP first reported on Form ADV by Trust Ventures Capital, LLC (Venture Capital Fund), GAV $5,077,250
    Fund first reported on Form ADVFundsFactTV Sana Spv II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  11. Apr 1, 2022
    TV Rxdefine Spv I, LP first reported on Form ADV by Trust Ventures Capital, LLC (Venture Capital Fund), GAV $2,500,000
    Fund first reported on Form ADVFundsFactTV Rxdefine Spv I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  12. Apr 1, 2022
    TV Icon Spv II, LP first reported on Form ADV by Trust Ventures Capital, LLC (Venture Capital Fund), GAV $5,000,750
    Fund first reported on Form ADVFundsFactTV Icon Spv II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  13. Mar 31, 2021
    TV Sana Spv I, LP first reported on Form ADV by Trust Ventures Capital, LLC (Venture Capital Fund), GAV $1,425,000
    Fund first reported on Form ADVFundsFactTV Sana Spv I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  14. Apr 3, 2020
    TV Icon Spv I, LP first reported on Form ADV by Trust Ventures Capital, LLC (Venture Capital Fund), GAV $2,000,000
    Fund first reported on Form ADVFundsFactTV Icon Spv I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  15. Apr 3, 2020
    Trust Ventures Fund II, LP first reported on Form ADV by Trust Ventures Capital, LLC (Venture Capital Fund), GAV $77,275,000
    Fund first reported on Form ADVFundsFactTrust Ventures Fund II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  16. Jul 3, 2018
    Trust, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  17. Jul 3, 2018
    Trust Ventures Fund I, LP first reported on Form ADV by Trust, LLC (Venture Capital Fund), GAV $35,681,818
    Fund first reported on Form ADVFundsFactTrust Ventures Fund I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
  1. Sep 13, 2026
    Institutional venture firm (confirmed, 95%, cls-1)
    venture manager, reported GAV $324M across 14 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%, cls-1)
    venture manager, reported GAV $407M across 16 vehicles
Evidence
34 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedvc_exemption,vc_funds_reportedMar 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserMar 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserFeb 7, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC adviser typeexempt_reporting_adviserMar 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeexempt_reporting_adviserFeb 7, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2018-07-03Feb 7, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2026-03-25Mar 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Latest Form ADV filing2024-02-07Feb 7, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC statusERA - ActiveMar 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC status effective2018-07-03Mar 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture share of reported funds1Feb 7, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone(513)436-3343Mar 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Business phone(513)436-3343Feb 7, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
HeadquartersAustin, TXMar 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
HeadquartersAustin, TXFeb 7, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address2028 E BEN WHITE BLVD, #240-3636, Austin, TX, 78741Mar 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Office address2028 E BEN WHITE BLVD, #240-3636, Austin, TX, 78741Feb 7, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Legal formLimited Liability CompanyMar 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Legal formLimited Liability CompanyFeb 7, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private funds reported19Mar 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private funds reported16Feb 7, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$286MMar 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private fund gross assets (reported)$407MFeb 7, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Venture funds reported19Mar 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture funds reported16Feb 7, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
WebsiteHTTPS://WWW.TRUSTVENTURES.COMFeb 7, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)