NEWS: Woman-led True Wealth Ventures has $19.1 Million to Invest in Woman-led Texas Startups

Women-led Texas venture firm True Wealth Ventures announced today that it has raised $19.1 million to invest in women-led startups — with more than 80 percent of those funds coming from women. The Austin-based venture firm wants to help close the venture capital gender gap by investing in promising startups across the state, including in Dallas. Its general partners, Sara Brand and Kerry [...]

February 16th, 2018|

NEWS: True Wealth Ventures in Austin Raises $19.1 MLN for Women-Led Businesses

Austin, Texas-based True Wealth Ventures announced it has raised $19.1 million for its inaugural fund. The firm makes early-stage investments in women-led, sustainable consumer and consumer health tech companies in Texas and nationwide. In addition to its gender impact investment strategy, the firm said that more than 80 percent of its limited partners are women. The firm’s [...]

February 16th, 2018|

NEWS: True Wealth Ventures Closes $19.1M Fund to Invest in Women-Led Companies

Venture capitalists face a daunting challenge when raising money for their first fund. “Less than 10 percent of first-time funds reach the finish line,” wrote Mahendra Ramsinghani in his 2014 book, “The Business of Venture Capital," where he noted that only 7 percent of funds raised are by debut funds. That Sara Brand and Kerry Rupp closed their $19.1 million first [...]

February 16th, 2018|

NEWS: Mapping Investment in Female-Founded Companies Across 10 Key US Metros

"When women want change, we get it." That's what Shelly Bell, founder and CEO of Washington, DC-based Black Girl Ventures, told PitchBook when we asked her if she thinks the tech industry is poised for a massive cultural shift. Over the course of several months, PitchBook set out to better contextualize our dataset on VC [...]

February 16th, 2018|

NEWS: Austin-Based True Wealth Ventures Closes over $19MM in Committed Capital

True Wealth Ventures, led by seasoned entrepreneurs and investors Sara Brand and Kerry Rupp, today announced the close of the firm’s first fund, with $19.1 million in committed capital. The firm will use dollars raised to invest in women-led, sustainable consumer and consumer health technology companies in the next several years in the Texas area [...]

February 13th, 2018|

NEWS: 10 People Poised to Make an Impact in the New Year: Austin’s People to Watch in 2018

Sara Brand and Kerry Rupp of True Wealth Ventures As the only Austin venture capitalists who explicitly seek out women-led companies, Sara Brand and Kerry Rupp are already trailblazers. But the data show the True Wealth Ventures general partners could become the vanguard of a seismic shift in investment strategy. Multiple studies and reports during the past seven years alone have found that companies led [...]

January 5th, 2018|

NEWS: Founding Partner Sara Brand Shares Exclusive Executive Advice for Success in Business and Life

Name: Sara Brand, founding general partner, True Wealth Ventures Description: As one of the few women leading a venture capital firm in the United States, Sara Brand specifically seeks out other female-led companies to invest in. She says that such a focus is needed to help diversify corporate America. True Wealth Ventures has invested about [...]

January 5th, 2018|

NEWS: How More Women Are Stepping Up To Fund Women Entrepreneurs In 2018

Women’s activism to correct this injustice has been building, as evidenced by the rising tide of financing options for women entrepreneurs. Now, the #MeToo movement could bring a tidal wave of funding as women are inspired to stand up and speak out against sexism. Whether you have $25 or $25 million, here’s how women have [...]

January 5th, 2018|

NEWS: Sara Brand, Venture Capitalist Chosen as Business Person of the Year

It came down to a venture capitalist and a pair of renegade Realtors who shook up the status quo. Austin Business Journal asked readers to select their choice as business person of the year, making their picks from an array of CEOs and leaders who made headlines in 2017. More than 1,200 votes were cast. [...]

January 4th, 2018|