# Trinity Ventures

Trinity Ventures is a Venture Capital based in Menlo Park, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Menlo Park, United States
- **Region:** North America
- **Address:** Menlo Park, CA, United States
- **Founded:** 1986
- **Assets under management:** Undisclosed
- **Website:** www.trinityventures.com
- **Wikidata:** Q84725298

## Regulatory record

- **CRD number:** 159537
- **SEC file number:** 801-131177
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/159537

## About

Trinity Ventures takes a more personal approach to early-stage investing. The firm invests in mission-driven entrepreneurs, not just their companies, and champions founders’ visions from day one. As former founders and tech executives, they intentionally maintain an unusually low capital-to-partner ratio among top-tier venture firms. For over three decades they have been committed to early stage investing.

## Sectors

- Enterprise Software
- Consumer Internet
- AI/ML
- Digital Health
- FinTech

## People

- Noel Fenton — Co-Founder
- Larry Orr — General Partner Emeritus
- Gus Tai — General Partner
- Dan Scholnick — General Partner
- Karan Mehandru — General Partner
- Patricia Nakache — General Partner
- Ajay Chopra — General Partner

## Questions

### Who runs investment decisions at Trinity Ventures?

A partnership of five general partners leads investment decisions: Gus Tai, Dan Scholnick, Karan Mehandru, Patricia Nakache, and Ajay Chopra. The group reflects a transition from the original founding team and has operated with a consensus-oriented approach typical of early-stage venture firms. No single managing partner or CEO role exists in public disclosures.

### What was Trinity's most notable exit?

Auth0, an identity management platform Trinity backed at the seed stage, was acquired by Okta in 2021 for approximately $6.5 billion in an all-stock deal (per Okta investor relations, 2021). The transaction represented a significant multiple on Trinity's early investment and is widely cited as one of the firm's strongest outcomes.

### Which sectors does Trinity Ventures target?

Trinity concentrates on Enterprise Software and Consumer Internet as its primary sectors, with additional coverage in AI/ML, Digital Health, and FinTech. The firm historically favored capital-efficient software companies with recurring revenue models, avoiding capital-intensive sectors like hardware manufacturing or life sciences.

### How does Trinity Ventures approach co-investment?

Trinity has historically participated in insider-led follow-on rounds, often alongside other established venture firms, but does not operate a formal co-investment program for external limited partners. Its current posture limits new co-investment opportunities since the firm is not deploying fresh capital from new funds.

## Related profiles

- [Trinity Street Asset Management](https://altss.com/profile/trinity-street-asset-management)
- [Trinity West Ventures](https://altss.com/profile/trinity-west-ventures)

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Last updated: 2026-08-11T15:08:22.057Z

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