True Ventures II, L.P.
True Ventures · adviser of record: True Venture Management, L.L.C. · 2011 vintage
True Ventures II, L.P. is a 2011 venture fund managed by True Ventures. It reported $104mm in gross assets at year-end 2025, against a peak of $1.07bn in 2015.
- Latest value held
- $104mm year-end 2025
- Peak
- $1.07bn year-end 2015
- Fund size
- Not on file
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $104mm | – | +47% over 2 yrs |
| 2023 | $70.9mm | – | +7% |
| 2022 | $66.1mm | – | -55% |
| 2021 | $146mm | – | -11% |
| 2020 | $165mm | – | +1% |
| 2019 | $162mm | – | -16% |
| 2018 | $193mm | – | -30% |
| 2017 | $274mm | – | -15% |
| 2016 | $324mm | – | -70% |
| 2015 | $1.07bn | – | +73% |
| 2014 | $615mm | – | +116% |
| 2013 | $285mm | – | +13% |
| 2012 | $253mm | – | +6% |
| 2011 | $238mm | – | – |
Other funds from True Ventures
- True Ventures VIII, L.P. 2022
- True Ventures VII, L.P. 2020
- True Ventures Select IV, L.P. 2020
- True Ventures VI, L.P. 2018
- True Ventures Select III, L.P. 2018
- True Ventures Select II, L.P. 2016
- True Ventures V, L.P. 2015
- True Ventures Select I, L.P. 2015
- True Ventures IV, L.P. 2014
- True Ventures SPV I, L.P. 2014
- True Ventures III, L.P. 2011
- True Ventures I, L.P. 2011
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-6465775249. Data updated October 13, 2026.
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