
Trust Fund
Financial History
Leadership Team
Key people at Trust Fund.

Key people at Trust Fund.
Trust Fund, as an investment firm, is a venture capital entity primarily focused on B2B technology investments. Its mission centers on identifying and supporting innovative business-to-business technology startups that have the potential to transform industries. The firm’s investment philosophy likely emphasizes early to growth-stage companies with scalable technology solutions, aiming to generate strong returns while fostering technological advancement. Key sectors typically include enterprise software, SaaS, fintech, and other technology-driven B2B services. Trust Fund’s impact on the startup ecosystem involves providing capital, strategic guidance, and network access to emerging companies, thereby accelerating their growth and innovation capacity[2].
Trust Fund was founded by Sophia Amoruso, who serves as the Managing Partner. The firm is based in Los Angeles, United States. While specific founding year details are not provided, the firm’s focus has evolved around leveraging Amoruso’s expertise and network to back promising B2B tech startups. The origin likely stems from recognizing a gap in venture capital dedicated to B2B technology and the opportunity to support companies addressing complex business challenges with innovative tech solutions[2].
Trust Fund rides the ongoing trend of digital transformation in enterprises, where businesses increasingly adopt technology solutions to improve efficiency, security, and customer engagement. The timing is favorable due to accelerating cloud adoption, AI integration, and demand for automation in business processes. Market forces such as increased corporate IT spending and the need for scalable B2B platforms work in the firm’s favor. By investing in and nurturing B2B tech startups, Trust Fund influences the broader ecosystem by enabling innovation that drives productivity and competitiveness across industries[2].
Looking ahead, Trust Fund is positioned to capitalize on emerging technologies like AI, machine learning, and cybersecurity within the B2B space. Trends such as remote work, data-driven decision-making, and digital supply chains will shape their investment focus. The firm’s influence is expected to grow as it helps startups scale and integrate cutting-edge solutions into mainstream business operations. This trajectory ties back to its core mission of empowering transformative B2B technology ventures to succeed in a rapidly evolving market[2].
Key people at Trust Fund.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 1, 2025 | Muse Software | $5.0M Seed | — | Banana Capital, Better Tomorrow Ventures, Davidovs VC, Foundry Group, Kepler Operator’s Fund, LAUNCH, Resolute Ventures, Roo Partners, Sarah Smith Fund, Stellar Capital, Todd and Rahul's Angel Fund, Bobby Goodlatte, David J. Phillips, Diego Oppenheimer, Roger Dickey |
| Oct 1, 2025 | Supermemory | $3.0M Seed | — | Banana Capital, Better Tomorrow Ventures, Browder Capital, Davidovs VC, Foundry Group, Kepler Operator’s Fund, LAUNCH, Resolute Ventures, Roo Partners, Sarah Smith Fund, Stellar Capital, Todd and Rahul's Angel Fund, Bobby Goodlatte, David J. Phillips, Diego Oppenheimer, Roger Dickey |
| Sep 1, 2025 | Howie | $6.0M Seed | — | 99VC, Banana Capital, Better Tomorrow Ventures, Davidovs VC, Foundry Group, Kepler Operator’s Fund, LAUNCH, Resolute Ventures, Roo Partners, Sarah Smith Fund, Stellar Capital, Todd and Rahul's Angel Fund, Bobby Goodlatte, David J. Phillips, Diego Oppenheimer, Roger Dickey, Siqi Chen |
| Sep 1, 2025 | The Interface | $500K Seed | — | Kevin Hartz, Altair Capital Management, Angel investor, AngelList, Anti fund, Brainchild, Craft Ventures, Founders Fund, Heavybit, Infinite Niches, KAAN Ventures, LAUNCH, Paradigm, Positive Sum VC, Proton Enterprises, Shrug Capital, The Hit Forge, Todd and Rahul's Angel Fund, Vibe Capital, Alex Rodriguez, Y Combinator, Anthony Pompliano, Babak Nivi, Karim Atiyeh, Kevin Hart, Kyle Vogt, Marcy Simon, Matthew Dellavedova, Moshe Lifschitz, Sahil Lavingia, Sahin Boydas, Scott Belsky |
| Aug 1, 2025 | Dirac | $11.0M Seed | — | Kevin Hartz, Afore Capital, Altair Capital Management, Alumni Ventures, Angel investor, AngelList, Anti fund, Brainchild, Craft Ventures, Founders Fund, Harpoon, Heavybit, Infinite Niches, KAAN Ventures, LAUNCH, McCarthy Capital, Aaron Jacobson, Paradigm, Positive Sum VC, Proton Enterprises, Shrug Capital, The Hit Forge, Todd and Rahul's Angel Fund, Vibe Capital, Alex Rodriguez, Y Combinator, Anthony Pompliano, Babak Nivi, Karim Atiyeh, Kevin Hart, Kyle Vogt, Marcy Simon, Matthew Dellavedova, Moshe Lifschitz, Sahil Lavingia, Sahin Boydas, Scott Belsky |
| Dec 1, 2024 | LTV.ai | $5.0M Series A | — | 20VC, AirAngels, Buckley Ventures, Coalition Operators, Earl Grey Capital, Mantis VC, Pareto Holdings, Slow Ventures, Volition Capital, Baron Davis, Claire Hughes Johnson, Julian Shapiro, Louis Beryl, Manik Gupta, Mathilde Collin, Melissa Tan, Ryan Tedder, Scott Belsky, Siqi Chen, Tyler Willis, Vindi Banga |
| Aug 1, 2024 | MINDSET | $13.0M Series A | — | Infinite Niches, Science, Stride VC, Biz Stone, Blake Mycoskie, Jake Strom, Jen Rubio Butterfield, Michael Ryan Dubin, Nick Green, Steve Aoki, Tony Hawk, Whitney Cummings |
| Apr 1, 2024 | Splash | $5.0M Seed | — | 20VC, Abstract Ventures, AirAngels, Altimeter Capital, Buckley Ventures, Coalition Operators, Earl Grey Capital, Forerunner Ventures, Mantis VC, Pareto Holdings, Slow Ventures, Union Square Ventures, Volition Capital, Weekend Fund, Amjad Masad, Baron Davis, Claire Hughes Johnson, George Ruan, Gokul Rajaram, Julian Shapiro, Louis Beryl, Manik Gupta, Mathilde Collin, Melissa Tan, Ryan Tedder, Scott Belsky, Siqi Chen, Tyler Willis, Vindi Banga |
| Mar 1, 2024 | ShopMy | $19.0M Series A | — | 20VC, AirAngels, Buckley Ventures, Coalition Operators, Earl Grey Capital, Mantis VC, Pareto Holdings, Sequoia Capital, Slow Ventures, Volition Capital, XStarPartners, Baron Davis, Claire Hughes Johnson, George Ruan, Julian Shapiro, Louis Beryl, Manik Gupta, Mathilde Collin, Melissa Tan, Ryan Tedder, Scott Belsky, Siqi Chen, Tyler Willis, Vindi Banga |
| Feb 1, 2024 | SigScalr | $2.0M Seed | — | 20VC, Adjacent, AirAngels, Andreessen Horowitz, Buckley Ventures, Coalition Operators, Ali Tamaseb, Earl Grey Capital, Mantis VC, NextView Ventures, Night Capital, Pareto Holdings, Point72 Ventures, Scribble Ventures, Slow Ventures, Two Sigma Ventures, Uncork Capital, Volition Capital, WestWave Capital, Baron Davis, Claire Hughes Johnson, George Ruan, James Park, Julian Shapiro, Louis Beryl, Mathilde Collin, Melissa Tan, Mike Lee, Nir Eyal, Ron Pragides, Ryan Tedder, Scott Belsky, Siqi Chen, Tyler Willis, Vindi Banga |
| Oct 1, 2023 | Induced AI | $2.0M Seed | — | 10100, 20VC, Kevin Hartz, AirAngels, Bain Capital, Bankless Ventures, Bedrock Capital, Buckley Ventures, C2 Investment, CapitalX, Chemistry VC, Coalition Operators, Convective Capital, Daffy, Earl Grey Capital, Electric Capital, Emergent Ventures, Gaingels, JLL Spark, Kepler Operator’s Fund, Mantis VC, Pareto Holdings, Polygon, rali_cap, Ravelin Capital, REMUS Capital, Seven Seven Six, Shrug Capital, Slow Ventures, Soma Capital, Starship Ventures, Vibe Capital, Volition Capital, Adam Guild, Baron Davis, Baylor Adams, Bryce Hall, Claire Hughes Johnson, David Hoffman, Dylan Field, Evan Moore, George Ruan, Griffin Johnson, Jonathan Wasserstrum, Julian Shapiro, Louis Beryl, Manik Gupta, Mathilde Collin, Melissa Tan, Moshe Lifschitz, Ryan Tedder, Sam Altman, Scott Belsky, Siqi Chen, Vindi Banga, Zach Segal |
| Jul 1, 2023 | Sound | $20.0M Series A | — | 20VC, AirAngels, Andreessen Horowitz, Buckley Ventures, Casa Verde Capital, Coalition Operators, Earl Grey Capital, Mantis VC, Pareto Holdings, Slow Ventures, Sunset Ventures, Volition Capital, Baron Davis, Claire Hughes Johnson, George Ruan, Julian Shapiro, Justin David Blau, Louis Beryl, Manik Gupta, Mark Cuban, Mathilde Collin, Melissa Tan, Scott Belsky, Siqi Chen, Steve Aoki, Tyler Willis, Vindi Banga |
| Feb 1, 2023 | Magic | $23.0M Series A | — | Adverb Ventures, Ascension Ventures, Bain Capital Ventures, BlueRun Ventures, C2 Investment, Flucas Ventures, Founder Collective, Grotech Ventures, H.I.G. Capital, High-Tech Gründerfonds, Jetstream, LocalGlobe, Shorea Ventures, Visionaries Club, Weekend Fund, Y Combinator, Gautam Gupta, Jan Dzulko, Jeremy Cai, Manuel Thurner, Martin Olczyk, Nik Sharma, Paul Graham, Guillermo Rauch |
| Jan 1, 2023 | BORN | $3.0M Seed | — | 20VC, AirAngels, All Iron Ventures, Andreessen Horowitz, AngelList Syndicator, Angular Ventures, Balderton Capital, Better Capital, Blossom Capital, Buckley Ventures, Chalfen Ventures, Coalition Operators, Earl Grey Capital, Eunoia Capital Partners, IVP, Mantis VC, On Deck, Pareto Holdings, Slow Ventures, Volition Capital, Y Combinator, Akshay Kothari, Baron Davis, Chris Schagen, Christian Oestlien, Claire Hughes Johnson, Cristina Cordova, David Peterson, Dylan Field, George Ruan, Girish Mathrubootham, Jan Deepen, Jeremy Yap, Julian Shapiro, Kunal Shah, Louis Beryl, Manik Gupta, Martin Henk, Mathilde Collin, Melissa Tan, Robbert Flipsen, Ryan Tedder, Scott Belsky, Siqi Chen, Stefan Jeschonnek, Tyler Willis, Vindi Banga |
| Jan 1, 2023 | Zurp | $5.0M Seed | — | 10X Capital, 20VC, 7GC & Co, Access Biotechnology, AirAngels, Amity Ventures, Andreessen Horowitz, Animoca Brands, Asymmetric, Atlas Venture, Awesome People Ventures, BlueRun Ventures, Bombas, Buckley Ventures, C2 Investment, Camber Creek, CapitalG, Cardumen Capital, Coalition Operators, Color Capital, Conductive Ventures, Darling Ventures, Earl Grey Capital, Freestyle Capital, Freigeist, Grit Capital Partners, Hack VC, Immeasurable, Interlace Ventures, Interplay Ventures, Jump Crypto, Kepler Operator’s Fund, Left Lane Capital, Lightspeed Venture Partners, Long Journey Ventures, M13, Mantis VC, Menlo Ventures, NFX, Pantera Capital, Pareto Holdings, Plaid, QEY Capital, Raine Ventures, Reshape Ventures, Gil Penchina, Saga, Sanofi Ventures, Scale Venture Partners, Scribble Ventures, Slow Ventures, SRB Ventures, Volition Capital, Andy Bechtolsheim, Arash Ferdowsi, Baron Davis, Bill Tai, Christian Reber, Claire Hughes Johnson, Darius Contractor, Dennis Crowley, Ethan Beard, George Ruan, Julian Shapiro, Kevin Hart, Koen Bok, Kunal Shah, Leore Avidar, Louis Beryl, Manik Gupta, Mark Cuban, Mathilde Collin, Melissa Tan, Roger Ehrenberg, Ryan Tedder, Scott Belsky, Shane Battier, Tony Hawk, Tyler Willis, Vindi Banga, Whitney Cummings |
| Dec 1, 2022 | TheyDo | $13.0M Series A | — | 20VC, Addition, AirAngels, Blossom Capital, Buckley Ventures, Coalition Operators, Earl Grey Capital, Eunoia Capital Partners, IVP, Mantis VC, Pareto Holdings, Red Swan Ventures, Salesforce Ventures, Slow Ventures, Volition Capital, VTF Capital, Baron Davis, Claire Hughes Johnson, George Ruan, Julian Shapiro, Louis Beryl, Manik Gupta, Mathilde Collin, Melissa Tan, Robbert Flipsen, Ryan Tedder, Scott Belsky, Siqi Chen, Todd Rovak, Tyler Willis, Vindi Banga |
| Dec 1, 2022 | Metagood | $5.0M Seed | — | 20VC, AirAngels, Andreessen Horowitz, Animoca Brands, Buckley Ventures, Coalition Operators, Earl Grey Capital, FMFW.io, HIVE Ventures, Infinity Ventures Crypto, Mantis VC, Morgan Creek Capital Management, Offline Ventures, One Planet Group, Pareto Holdings, Pioneer Fund, Point72 Ventures, Resonance VC, Slow Ventures, Sora Ventures, Sound Ventures, Thirty Five Ventures, Tribe Capital, Volition Capital, XAnge, Andrew Nutter, Baron Davis, Claire Hughes Johnson, George Burke, George Ruan, Julian Shapiro, Kevin Lin, Kristian Segerstrale, Louis Beryl, Manik Gupta, Mathilde Collin, Melissa Tan, Paul Rabil, Ryan Tedder, Ryan Wyatt, Scott Belsky, Sebastien Borget, Siqi Chen, Stani Kulechov, Thomas Vu, Tyler Willis, Vindi Banga, Digital Currency Group, GreaterGoodSociety, Greg Kidd, Kevin Ding, The Hit Forge, Winklevoss Capital |
| Nov 1, 2022 | Meez Culinary Solutions | $9.0M Series A | — | 20VC, AirAngels, Allison Pickens Ventures, formerly The New Normal Fund, Alt Capital, Andreessen Horowitz, Asymmetric Capital Partners, Background Capital, Buckley Ventures, Coalition Operators, Craft Ventures, Earl Grey Capital, First Round Capital, F-Prime Capital Partners, InReach Ventures, Mantis VC, Not Boring Capital, Outcast Ventures, Pareto Holdings, Slow Ventures, SoftBank Investment Advisers, Volition Capital, Abhinav Asthana, Adam Blitzer, Akshay Kothari, Allison Pickens (Allison Pickens Ventures), Andre Iguodala, Anne Wojcicki, Baron Davis, Barr Moses, Christina Cacioppo, Claire Hughes Johnson, George Ruan, Joe Greenstein, Julian Shapiro, Manik Gupta, Mathilde Collin, Max Mullen, Melissa Tan, Ron Pragides, Ryan Tedder, Scott Belsky, Siqi Chen, Tyler Willis, Vindi Banga |
| Sep 1, 2022 | Halo | $3.0M Seed | — | 20VC, AirAngels, Asymmetric Capital Partners, Buckley Ventures, Coalition Operators, Craft Ventures, Earl Grey Capital, foobar.vc, Mantis VC, Ann Bordetsky, Pareto Holdings, Seedcamp, Slow Ventures, Terra Venture Partners, Village Global, Volition Capital, Baron Davis, Chris Murphy, Claire Hughes Johnson, Daniel Rosensweig, George Ruan, Julian Shapiro, Louis Beryl, Manik Gupta, Mark Pincus, Mathilde Collin, Melissa Tan, Peter Kazanjy, Ryan Tedder, Scott Belsky, Siqi Chen, Tyler Willis, Vindi Banga |
| Sep 1, 2022 | Workstream | $60.0M Series B | — | 20VC, Adverb Ventures, AirAngels, Airtree Ventures, Alt Capital, Buckley Ventures, Byld Ventures, Coalition Operators, Coatue, Earl Grey Capital, Felix Capital, First Round Capital, Global Founders Capital, Index Ventures, Insight Partners, Mantis VC, Notable Capital, Not Boring Capital, Outcast Ventures, Pareto Holdings, Saga, Silversmith Capital Partners, Slow Ventures, StartHer, Volition Capital, Y Combinator, Aaron King, Abhinav Asthana, Adam Blitzer, Akshay Kothari, Allison Pickens (Allison Pickens Ventures), Baron Davis, Barr Moses, Christina Cacioppo, Claire Hughes Johnson, Frederic Kerrest, George Ruan, Julian Shapiro, Louis Beryl, Manik Gupta, Marat Kichikov, Matt Brezina, Max Mullen, Melissa Tan, Mike Volpe, Ron Pragides, Ryan Tedder, Scott Belsky, Siqi Chen, Tyler Willis, Vindi Banga |
| Aug 1, 2022 | Pomelo | $20.0M Seed | — | 20VC, 8VC, 9Yards Capital, Kevin Hartz, A* Capital (A Star Capital), ACME Capital, Addition, Afore Capital, AirAngels, Alt Capital, Andreessen Horowitz, Buckley Ventures, C2 Investment, Cedar Capital Group, Coalition Operators, Earl Grey Capital, Electric Capital, Force Over Mass Capital, Founders Fund, GSR Ventures, M.G. Siegler, Index Ventures, Kaszek Ventures, Khosla Ventures, Latitud, Mantis VC, MKT1 Capital, monashees, NXTP Ventures, Origin Ventures, Pareto Holdings, Plaid, Ribbit Capital, Scalar Capital, SciFi VC, Section 32, Slow Ventures, Susa Ventures, Volition Capital, Allison Pickens (Allison Pickens Ventures), Bangaly Kaba, Baron Davis, Biz Stone, Bradley Horowitz, Chase Gilbert, Claire Hughes Johnson, Derrick Li, George Ruan, Julia Hartz, Julian Shapiro, Karim Atiyeh, Louis Beryl, Manik Gupta, Martin Varsavsky, Mathilde Collin, Matt Macinnis, Melissa Tan, MG Siegler, Parker Conrad, Philippe Teixeira da Mota, Ravi Grover, Ryan Tedder, Scott Belsky, Shervin Pishevar, Siqi Chen, Tyler Willis, Vindi Banga, William Hockey |
| Aug 1, 2022 | Noba | $5.0M Seed | — | 20VC, AirAngels, Buckley Ventures, Coalition Operators, Earl Grey Capital, Mantis VC, Pareto Holdings, Slow Ventures, Volition Capital, Baron Davis, Claire Hughes Johnson, George Ruan, Julian Shapiro, Louis Beryl, Manik Gupta, Mathilde Collin, Melissa Tan, Ryan Tedder, Scott Belsky, Siqi Chen, Tyler Willis, Vindi Banga |
| Aug 1, 2022 | Chamberlain Coffee | $7.0M Series A | — | Adverb Ventures, Ascension Ventures, Bain Capital Ventures, BlueRun Ventures, Flucas Ventures, Grotech Ventures, H.I.G. Capital, Jetstream, Weekend Fund, Gautam Gupta, Jeremy Cai, Sahin Boydas |
| Aug 1, 2022 | Column | $30.0M Series A | — | 20VC, AirAngels, Buckley Ventures, Coalition Operators, Kevin Ding, Earl Grey Capital, Highbury Group, Innovation Endeavors, Lux Capital, Mantis VC, Pareto Holdings, Renegade Partners, Shasta Ventures, Slow Ventures, Trucks Venture Capital, Volition Capital, Gen Isayama, Baron Davis, George Ruan, Julian Shapiro, Louis Beryl, Manik Gupta, Mathilde Collin, Melissa Tan, Ryan Tedder, Scott Belsky, Siqi Chen, Tyler Willis, Vindi Banga |
| Aug 1, 2022 | Hypersonic Laboratories | $4.0M Seed | — | 20VC, AirAngels, Buckley Ventures, Coalition Operators, Curious Capital, Earl Grey Capital, Founder Collective, Mantis VC, Pareto Holdings, Slow Ventures, Volition Capital, Baron Davis, Claire Hughes Johnson, George Ruan, Hubert Thieblot, Julian Shapiro, Kevin Lin, Louis Beryl, Manik Gupta, Mathilde Collin, Melissa Tan, Ryan Tedder, Siqi Chen, Thomas Vu, Tyler Willis, Vindi Banga |