True Ventures VII, L.P.
True Ventures · adviser of record: True Venture Management, L.L.C. · 2020 vintage
True Ventures VII, L.P. is a 2020 venture fund managed by True Ventures, with $415mm raised (Form D, amount sold). It reported $355mm in gross assets at year-end 2025, 0.86x its size, against a peak of $491mm in 2021.
- Latest value held
- $355mm year-end 2025
- Peak
- $491mm year-end 2021
- Fund size
- $415mm Form D, amount sold
- Held vs. size
- 0.86x peak 1.18x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $355mm | 0.86x | -20% over 2 yrs |
| 2023 | $443mm | 1.07x | +1% |
| 2022 | $438mm | 1.06x | -11% |
| 2021 | $491mm | 1.18x | +16% |
| 2020 | $422mm | 1.02x | – |
Other funds from True Ventures
- True Ventures VIII, L.P. 2022
- 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 II, 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 805-1416337130. Data updated October 13, 2026.
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