True Ventures

Gridware is focused on enhancing and safeguarding the electrical grid, a critical infrastructure that, when compromised, can lead to severe consequences such as wildfires, property damage, and loss of life. The company has developed an advanced monitoring system that employs high-precision sensor arrays, including microphones and other sensing technologies, to continuously analyze the electrical and mechanical behavior of grid assets. This system incorporates an artificial intelligence processing unit that detects anomalies in the environment around power poles, enabling utilities to proactively address potential faults. By facilitating timely repairs and rapid responses to climatic anomalies, Gridware's technology improves safety, reliability, and reduces outage durations for utility companies. Headquartered in the Bay Area of Northern California, Gridware is privately held and supported by notable climate-tech and Silicon Valley investors, positioning itself to meet the growing demand for power while contributing to the future resilience of the electrical grid.

Understory, Inc. is a weather infrastructure and analytics company that specializes in real-time datasets and graphical representations of weather events, focusing on their impact at the earth's surface. Founded in 2012 and based in Madison, Wisconsin, Understory builds and operates networks of patented RTi weather stations capable of measuring weather conditions such as rain, hail, wind, temperature, and humidity with high precision. These stations transmit data wirelessly and operate maintenance-free, providing advanced analytics for insurance companies, property owners, and educational institutions. Understory's solutions include detailed reports on hail, wind, and precipitation events, enabling clients to better understand and manage weather-related risks. The company's innovative technology has the potential to transform global weather understanding and assist businesses in mitigating the financial impacts of climate change.

Mode, Inc. is a technology company that develops a cloud platform designed to facilitate the creation and operation of Internet of Things (IoT) products. Founded in 2014 and headquartered in San Mateo, California, with an additional office in Tokyo, Japan, Mode provides end-to-end semi-custom IoT and artificial intelligence solutions. Its platform enables devices to communicate with mobile clients, allowing organizations to track and manage their devices and users effectively. Mode's innovative BizStack IoT and BizStack AI solutions utilize a continuous improvement technology stack that collects real-time data from various sources, including sensors and legacy systems. The platform sanitizes and structures this data, delivering it through customizable dashboards that offer powerful insights. By streamlining data integration and providing operational improvements, Mode's solutions can be implemented significantly faster and more cost-effectively than traditional development methods, supporting organizations in transforming innovative ideas into practical, sustainable applications.

Synadia Communications develops and maintains NATS.io, an open-source messaging system designed for cloud-native applications, microservices architectures, IoT, and other distributed systems. Founded in 2017, the company offers commercial support, consulting services, and training around its technology.

Sofar Ocean Technologies develops accessible ocean sensing and exploration tools aimed at a variety of users, including ocean enthusiasts, industry professionals, and conservationists. The company operates an open ocean sensor network that delivers critical real-time insights into ocean conditions. This sensor network provides valuable data to support applications across diverse sectors such as shipping, government, and environmental research. By offering data-driven insights, Sofar Ocean helps to enhance understanding of the world's oceans, facilitating informed decision-making for science and society.

Gridware is focused on enhancing and safeguarding the electrical grid, a critical infrastructure that, when compromised, can lead to severe consequences such as wildfires, property damage, and loss of life. The company has developed an advanced monitoring system that employs high-precision sensor arrays, including microphones and other sensing technologies, to continuously analyze the electrical and mechanical behavior of grid assets. This system incorporates an artificial intelligence processing unit that detects anomalies in the environment around power poles, enabling utilities to proactively address potential faults. By facilitating timely repairs and rapid responses to climatic anomalies, Gridware's technology improves safety, reliability, and reduces outage durations for utility companies. Headquartered in the Bay Area of Northern California, Gridware is privately held and supported by notable climate-tech and Silicon Valley investors, positioning itself to meet the growing demand for power while contributing to the future resilience of the electrical grid.

Rise Gardens designs and markets modular hydroponic gardening systems for home use. Their systems facilitate year-round growing of various vegetables, herbs, and flowers, guided by an accompanying app that tracks plant progress and provides care instructions.

Gridware is focused on enhancing and safeguarding the electrical grid, a critical infrastructure that, when compromised, can lead to severe consequences such as wildfires, property damage, and loss of life. The company has developed an advanced monitoring system that employs high-precision sensor arrays, including microphones and other sensing technologies, to continuously analyze the electrical and mechanical behavior of grid assets. This system incorporates an artificial intelligence processing unit that detects anomalies in the environment around power poles, enabling utilities to proactively address potential faults. By facilitating timely repairs and rapid responses to climatic anomalies, Gridware's technology improves safety, reliability, and reduces outage durations for utility companies. Headquartered in the Bay Area of Northern California, Gridware is privately held and supported by notable climate-tech and Silicon Valley investors, positioning itself to meet the growing demand for power while contributing to the future resilience of the electrical grid.

Thistle Technologies focuses on providing security solutions for connected device manufacturers, particularly in the Internet of Things (IoT) and embedded systems sectors. Founded by Window Snyder, a security expert with extensive experience at major tech firms, the company has developed a comprehensive security platform that equips manufacturers with essential tools and services to mitigate security risks. This platform enables development teams to implement verifiable security enhancements effectively and efficiently, ensuring that security architecture can be integrated into devices with ease. Thistle Technologies is supported by True Ventures.

Mode, Inc. is a technology company that develops a cloud platform designed to facilitate the creation and operation of Internet of Things (IoT) products. Founded in 2014 and headquartered in San Mateo, California, with an additional office in Tokyo, Japan, Mode provides end-to-end semi-custom IoT and artificial intelligence solutions. Its platform enables devices to communicate with mobile clients, allowing organizations to track and manage their devices and users effectively. Mode's innovative BizStack IoT and BizStack AI solutions utilize a continuous improvement technology stack that collects real-time data from various sources, including sensors and legacy systems. The platform sanitizes and structures this data, delivering it through customizable dashboards that offer powerful insights. By streamlining data integration and providing operational improvements, Mode's solutions can be implemented significantly faster and more cost-effectively than traditional development methods, supporting organizations in transforming innovative ideas into practical, sustainable applications.

Synadia Communications develops and maintains NATS.io, an open-source messaging system designed for cloud-native applications, microservices architectures, IoT, and other distributed systems. Founded in 2017, the company offers commercial support, consulting services, and training around its technology.

Rise Gardens designs and markets modular hydroponic gardening systems for home use. Their systems facilitate year-round growing of various vegetables, herbs, and flowers, guided by an accompanying app that tracks plant progress and provides care instructions.

Understory, Inc. is a weather infrastructure and analytics company that specializes in real-time datasets and graphical representations of weather events, focusing on their impact at the earth's surface. Founded in 2012 and based in Madison, Wisconsin, Understory builds and operates networks of patented RTi weather stations capable of measuring weather conditions such as rain, hail, wind, temperature, and humidity with high precision. These stations transmit data wirelessly and operate maintenance-free, providing advanced analytics for insurance companies, property owners, and educational institutions. Understory's solutions include detailed reports on hail, wind, and precipitation events, enabling clients to better understand and manage weather-related risks. The company's innovative technology has the potential to transform global weather understanding and assist businesses in mitigating the financial impacts of climate change.

Sofar Ocean Technologies develops accessible ocean sensing and exploration tools aimed at a variety of users, including ocean enthusiasts, industry professionals, and conservationists. The company operates an open ocean sensor network that delivers critical real-time insights into ocean conditions. This sensor network provides valuable data to support applications across diverse sectors such as shipping, government, and environmental research. By offering data-driven insights, Sofar Ocean helps to enhance understanding of the world's oceans, facilitating informed decision-making for science and society.

Mode, Inc. is a technology company that develops a cloud platform designed to facilitate the creation and operation of Internet of Things (IoT) products. Founded in 2014 and headquartered in San Mateo, California, with an additional office in Tokyo, Japan, Mode provides end-to-end semi-custom IoT and artificial intelligence solutions. Its platform enables devices to communicate with mobile clients, allowing organizations to track and manage their devices and users effectively. Mode's innovative BizStack IoT and BizStack AI solutions utilize a continuous improvement technology stack that collects real-time data from various sources, including sensors and legacy systems. The platform sanitizes and structures this data, delivering it through customizable dashboards that offer powerful insights. By streamlining data integration and providing operational improvements, Mode's solutions can be implemented significantly faster and more cost-effectively than traditional development methods, supporting organizations in transforming innovative ideas into practical, sustainable applications.

Murj is a digital health company based in Santa Cruz, California, focused on enhancing the management of care for patients with implantable cardiac devices. The company has developed a cloud-based software platform that addresses the challenges posed by the increasing volume of cardiac device data. By providing tools for in-office and remote patient monitoring, recall management, analytics, and patient historical summaries, Murj aims to replace outdated paper reports and ineffective management systems. This allows healthcare professionals to concentrate on patient care, ultimately improving clinical outcomes and delivering valuable insights in the field of cardiac health.

Synadia Communications develops and maintains NATS.io, an open-source messaging system designed for cloud-native applications, microservices architectures, IoT, and other distributed systems. Founded in 2017, the company offers commercial support, consulting services, and training around its technology.

Piavita AG, founded in 2016 and headquartered in Zurich, Switzerland, specializes in developing advanced technology for the veterinary industry. The company has created a compact, matchbox-sized wearable device that accurately measures vital medical data from pets, including horses, without the need for clipping fur or extensive preparation. This innovative system is complemented by a web-based application that enables real-time monitoring and historical tracking of vital signs, improving the diagnostic capabilities available to veterinarians. By providing reliable insights into pet health and facilitating better communication between pet owners and veterinary professionals, Piavita aims to lead the digital transformation of veterinary care, addressing the gaps in current veterinary practices and enhancing the overall wellbeing of animals.

Renovo Auto specializes in developing technology for Automated Mobility on Demand systems, focusing on creating a robust operating system tailored for autonomous vehicles. Its platform integrates self-driving software, data analytics, and automotive-grade safety systems, enabling commercial fleets of autonomous vehicles to efficiently manage vast amounts of data and maintain cybersecurity. Renovo's technology leverages hundreds of sensors that generate multiple terabytes of data hourly, providing a safe, secure, and scalable solution designed for demanding environments. By facilitating seamless communication and service management, Renovo enables car manufacturers to deploy fully autonomous vehicles with ease.

Murj is a digital health company based in Santa Cruz, California, focused on enhancing the management of care for patients with implantable cardiac devices. The company has developed a cloud-based software platform that addresses the challenges posed by the increasing volume of cardiac device data. By providing tools for in-office and remote patient monitoring, recall management, analytics, and patient historical summaries, Murj aims to replace outdated paper reports and ineffective management systems. This allows healthcare professionals to concentrate on patient care, ultimately improving clinical outcomes and delivering valuable insights in the field of cardiac health.

Ring is a home security company based in Santa Monica, California, established in 2012. It specializes in outdoor security solutions, offering a range of smart home products designed to enhance safety and reduce crime in neighborhoods. The company's product lineup includes the Ring Video Doorbell, Ring Video Doorbell Pro, Ring Stick Up Cam, and Ring Floodlight Cam, all of which feature advanced capabilities such as wide-angle lenses, built-in microphones, and speakers that allow users to see, hear, and communicate with visitors. By integrating these devices, Ring aims to empower homeowners and foster community vigilance, effectively creating a modern neighborhood watch system that helps prevent burglaries and enhance residential security worldwide.

Tend.ai Inc. is a technology company that specializes in developing cloud robotics software specifically for machine tending. Founded in 2016 and headquartered in Bend, Oregon, the company provides an innovative solution through its in.view software, which enables users to remotely monitor and analyze the performance of production robots in real-time using mobile devices. Tend.ai's technology harnesses machine learning to predict failures in robots and factory equipment, facilitating efficient monitoring and control. The company’s intelligent control software simplifies smart manufacturing for businesses of all sizes, allowing them to manage any robot tending any machine from any location. Additionally, Tend.ai offers the Cell.Mate edge device, which ensures secure communication between the robot and the software without exposing vulnerabilities to the internet, thus enhancing operational security.

Brava Home, founded in 2015 and headquartered in Redwood City, California, specializes in developing, manufacturing, and selling innovative kitchen appliances. As a subsidiary of The Middleby Corporation since November 2019, Brava Home integrates technology and design to create joyful cooking experiences at home. Their products, which include IoT-enabled devices, aim to save time and enhance convenience for users while empowering them to cook better meals at home.

Veniam is a technology company focused on enhancing future mobility and urban connectivity through intelligent networking software. It specializes in developing vehicular mesh networks that transform vehicles into Wi-Fi hotspots, thereby expanding wireless coverage in urban environments. The company supports various applications, including delivery fleets, dash-cams, telematics, connected cars, and autonomous vehicles, enabling new in-vehicle experiences and efficient data management. Veniam holds an extensive IP portfolio with over 140 issued patents, optimizing the use of various networks such as 4G/5G and Wi-Fi to facilitate the transfer of substantial data between vehicles and the cloud. Founded in 2012 and headquartered in Mountain View, California, Veniam operates an Engineering Center in Porto, Portugal, and has sales offices in Detroit, Munich, and Tokyo. Its mission is to improve lives by securely managing data flows within the emerging mobility ecosystem, often referred to as the Internet of Moving Things. Recognized as one of the most disruptive companies globally, Veniam collaborates with major fleets, automotive OEMs, and Tier 1 suppliers to drive innovation in connected mobility solutions.

Understory, Inc. is a weather infrastructure and analytics company that specializes in real-time datasets and graphical representations of weather events, focusing on their impact at the earth's surface. Founded in 2012 and based in Madison, Wisconsin, Understory builds and operates networks of patented RTi weather stations capable of measuring weather conditions such as rain, hail, wind, temperature, and humidity with high precision. These stations transmit data wirelessly and operate maintenance-free, providing advanced analytics for insurance companies, property owners, and educational institutions. Understory's solutions include detailed reports on hail, wind, and precipitation events, enabling clients to better understand and manage weather-related risks. The company's innovative technology has the potential to transform global weather understanding and assist businesses in mitigating the financial impacts of climate change.

littleBits Electronics Inc. is a company that specializes in electronic building blocks that connect magnetically, empowering users to design, invent, and prototype with electronics. Founded in 2011 by Ayah Bdeir and based in New York, littleBits offers a diverse range of modules, including circuit boards with specific functions, hardware development kits, and various accessories such as USB and power modules, remote triggers, micro sequencers, and light sensors. The company's open-source library features over 60 electronic modules, allowing users to share designs and create their own innovative solutions. As of August 2019, littleBits operates as a subsidiary of Sphero, Inc.

Sano is focused on developing a small, wearable sensor capable of continuously capturing and transmitting blood chemistry data to various devices. The company is creating a transdermal biosensor patch that measures interstitial fluid in the skin's outer layer, enabling continuous glucose monitoring. This technology is complemented by a mobile application that empowers users to make informed decisions regarding their diet and exercise. By liberating blood chemistry data to a third-party development and analytical platform, Sano aims to enhance individual health management and promote healthier lifestyle choices.

Gyroscope Innovations, Inc. is a San Francisco-based company that focuses on developing a personal data tracking application designed to enhance health management. Founded in 2014 by Anand Sharma, the application generates personalized profiles for users by aggregating data from smartphones, wearables, and other connected accounts. This innovative platform allows individuals to monitor various health metrics, such as weight and overall well-being, by consolidating information from multiple sources. Additionally, the application facilitates the sharing of this personal data with other users, promoting a collaborative approach to health tracking and improvement.

Veniam is a technology company focused on enhancing future mobility and urban connectivity through intelligent networking software. It specializes in developing vehicular mesh networks that transform vehicles into Wi-Fi hotspots, thereby expanding wireless coverage in urban environments. The company supports various applications, including delivery fleets, dash-cams, telematics, connected cars, and autonomous vehicles, enabling new in-vehicle experiences and efficient data management. Veniam holds an extensive IP portfolio with over 140 issued patents, optimizing the use of various networks such as 4G/5G and Wi-Fi to facilitate the transfer of substantial data between vehicles and the cloud. Founded in 2012 and headquartered in Mountain View, California, Veniam operates an Engineering Center in Porto, Portugal, and has sales offices in Detroit, Munich, and Tokyo. Its mission is to improve lives by securely managing data flows within the emerging mobility ecosystem, often referred to as the Internet of Moving Things. Recognized as one of the most disruptive companies globally, Veniam collaborates with major fleets, automotive OEMs, and Tier 1 suppliers to drive innovation in connected mobility solutions.

Renovo Auto specializes in developing technology for Automated Mobility on Demand systems, focusing on creating a robust operating system tailored for autonomous vehicles. Its platform integrates self-driving software, data analytics, and automotive-grade safety systems, enabling commercial fleets of autonomous vehicles to efficiently manage vast amounts of data and maintain cybersecurity. Renovo's technology leverages hundreds of sensors that generate multiple terabytes of data hourly, providing a safe, secure, and scalable solution designed for demanding environments. By facilitating seamless communication and service management, Renovo enables car manufacturers to deploy fully autonomous vehicles with ease.

Ring is a home security company based in Santa Monica, California, established in 2012. It specializes in outdoor security solutions, offering a range of smart home products designed to enhance safety and reduce crime in neighborhoods. The company's product lineup includes the Ring Video Doorbell, Ring Video Doorbell Pro, Ring Stick Up Cam, and Ring Floodlight Cam, all of which feature advanced capabilities such as wide-angle lenses, built-in microphones, and speakers that allow users to see, hear, and communicate with visitors. By integrating these devices, Ring aims to empower homeowners and foster community vigilance, effectively creating a modern neighborhood watch system that helps prevent burglaries and enhance residential security worldwide.

Understory, Inc. is a weather infrastructure and analytics company that specializes in real-time datasets and graphical representations of weather events, focusing on their impact at the earth's surface. Founded in 2012 and based in Madison, Wisconsin, Understory builds and operates networks of patented RTi weather stations capable of measuring weather conditions such as rain, hail, wind, temperature, and humidity with high precision. These stations transmit data wirelessly and operate maintenance-free, providing advanced analytics for insurance companies, property owners, and educational institutions. Understory's solutions include detailed reports on hail, wind, and precipitation events, enabling clients to better understand and manage weather-related risks. The company's innovative technology has the potential to transform global weather understanding and assist businesses in mitigating the financial impacts of climate change.

Technical Machine, Inc. is a company that develops and manufactures physical, Internet-enabled devices aimed at software developers. Founded in 2013 and based in Needham, Massachusetts, it offers products like Tessel, a programmable microcontroller equipped with a built-in WiFi chip and designed to be programmed in JavaScript. Tessel supports various modules, including accelerometers, Bluetooth, RFID, and audio, allowing users to create and test innovative devices. The company emphasizes an open platform that enables users to integrate and remix its solutions, facilitating the transition from prototype to manufacturing for the next generation of connected devices.

littleBits Electronics Inc. is a company that specializes in electronic building blocks that connect magnetically, empowering users to design, invent, and prototype with electronics. Founded in 2011 by Ayah Bdeir and based in New York, littleBits offers a diverse range of modules, including circuit boards with specific functions, hardware development kits, and various accessories such as USB and power modules, remote triggers, micro sequencers, and light sensors. The company's open-source library features over 60 electronic modules, allowing users to share designs and create their own innovative solutions. As of August 2019, littleBits operates as a subsidiary of Sphero, Inc.

Sano is focused on developing a small, wearable sensor capable of continuously capturing and transmitting blood chemistry data to various devices. The company is creating a transdermal biosensor patch that measures interstitial fluid in the skin's outer layer, enabling continuous glucose monitoring. This technology is complemented by a mobile application that empowers users to make informed decisions regarding their diet and exercise. By liberating blood chemistry data to a third-party development and analytical platform, Sano aims to enhance individual health management and promote healthier lifestyle choices.

littleBits Electronics Inc. is a company that specializes in electronic building blocks that connect magnetically, empowering users to design, invent, and prototype with electronics. Founded in 2011 by Ayah Bdeir and based in New York, littleBits offers a diverse range of modules, including circuit boards with specific functions, hardware development kits, and various accessories such as USB and power modules, remote triggers, micro sequencers, and light sensors. The company's open-source library features over 60 electronic modules, allowing users to share designs and create their own innovative solutions. As of August 2019, littleBits operates as a subsidiary of Sphero, Inc.

Sifteo is a San Francisco-based startup that develops an innovative interactive gaming system known as Sifteo cubes. These tactile, cookie-sized devices feature full-color graphics and advanced motion-sensing technology, allowing users to engage in hands-on gameplay by shaking, flipping, tilting, and pressing the cubes. The system promotes a new form of human-computer interaction, blending traditional play patterns with modern interactive technology. Sifteo also serves as a publisher for games exclusive to its platform and actively encourages development through game jams and a freely available software development kit. The company was founded by Dave Merrill and Jeevan Kalanithi, who originally conceptualized the idea at the MIT Media Lab, inspired by the notion of manipulating digital data like physical LEGO blocks. Sifteo's game library caters to a wide audience, offering challenging experiences for adults, educational puzzles for children, and family-friendly games, all embodying the principles of Intelligent Play.

Sifteo is a San Francisco-based startup that develops an innovative interactive gaming system known as Sifteo cubes. These tactile, cookie-sized devices feature full-color graphics and advanced motion-sensing technology, allowing users to engage in hands-on gameplay by shaking, flipping, tilting, and pressing the cubes. The system promotes a new form of human-computer interaction, blending traditional play patterns with modern interactive technology. Sifteo also serves as a publisher for games exclusive to its platform and actively encourages development through game jams and a freely available software development kit. The company was founded by Dave Merrill and Jeevan Kalanithi, who originally conceptualized the idea at the MIT Media Lab, inspired by the notion of manipulating digital data like physical LEGO blocks. Sifteo's game library caters to a wide audience, offering challenging experiences for adults, educational puzzles for children, and family-friendly games, all embodying the principles of Intelligent Play.