FormDSignal
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Trust Ventures Fund V launches $400M venture fund in Austin

New fund · Venture capital · Pre-first close · AUSTIN, TX · Form D filed 2026-10-26 · sponsor: Trust Ventures

Trust Ventures has filed to raise $400M for its fifth venture fund as a Delaware limited partnership. The fund targets institutional and qualified-purchaser investors under Regulation D exemptions 3(c)(7) and 506(c), with no investors yet committed.

3(c)(7) — qualified purchasersPre-first closeFirst filing by this entityrepeat_fund_numeral506(c) general solicitationVenture capital

How this compares

  • $400M is larger than 99% of the 7,726 venture capital fund launches with a stated size in the last two years; the median is $1.1M.
  • Among 1,311 fund launches filed from TX in the same window it is larger than 99%; the TX median is $4M.
  • Across 444 venture capital sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 3 months.

Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.

Registered adviser

possible match

TRUST VENTURES CAPITAL, LLC

Registration
exempt reporting adviser · since 2018-07-03
Private funds on Form ADV
Yes
Office
Austin, TX

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Incumbent service providers

Schedule D for this adviser has not been read yet; it is queued.

People on the filing

N/A Leviathan GP, LLCDirector
N/A Leviathan Ventures Management, LLCDirector
Salen ChuriDirector

[email protected] · observed Work emails for the people on the filing, where the firm publishes or patterns them, labelled by confidence — subscribers

Signed by Salen Churi, Managing Director of the General Partner of the Issuer.

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Filing contact

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