# True Culture Fund

> True Culture Fund is a VC fund in San Francisco backing Mobile, Apps and Video. See 7 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: San Francisco, United States
- Total investments: 7
- Last investment: Apr 2024
- Lead investor: 0%
- Last updated: Aug 2026

True Culture Fund is a venture capital fund managed by True Capital Management.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $500k–$6.4M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Mobile | 2 | 29% |
| Apps | 1 | 14% |
| Video | 1 | 14% |
| Beauty | 1 | 14% |
| Sports | 1 | 14% |

21 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 6 | 86% |
| Series A | 1 | 14% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 3 | 43% |
| Nigeria | 2 | 29% |
| Kenya | 1 | 14% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Chowdeck | Chowdeck is a food delivery service and marketplace to buy meals from a wide range of restaurants. | $2.5M | Seed | Apr 30, 2024 |  |
| Patika | Patika focused on helping African microenterprises come online and enjoy the benefits of the digital age. | $500K | Seed | Nov 01, 2022 |  |
| Novig | Novig is a sports prediction platform where users participate in peer-to-peer wagering on sporting events using dual currencies. It enables participants to propose or accept odds directly with one another, access real-time market data, and engage in prediction markets rather than betting against a traditional house model. Users interact through itsmobile app, making selections with free-to-play tokens or staking redeemable tokens for chances to earn cash prizes under a sweepstakes framework. The platform also offers transparent order books and tools for managing wagers, and it supports customer assistance through in-app help and support channels. | $6.4M | Seed | Sep 01, 2022 |  |
| Grey | Grey is at the forefront of providing secure and convenient global banking solutions to meet the needs of customers and businesses. With a Money Service Business license from FINTRAC in Canada and FinCEN in the USA, our primary focus is emerging markets. We have created a range of services that enable individuals and businesses to own and managetheir foreign bank accounts easily, including currency exchange, receiving payments from 80+ countries, and access to virtual cards.For us at Grey, it is beyond just building remittance solutions. We sincerely want to enhance the interconnectivity of the evolving gig economy in developing countries; improving how we deal with cross-border remittance is just one way. | $2M | Seed | Aug 29, 2022 |  |
| Prembly | KYC Verification Company | $2.8M | Seed | May 11, 2022 |  |
| Vaunt | Vaunt was founded in 2014. It is an influencer-based streaming video service offering a new way for fans to connect with and enjoy exclusive access to celebrated personalities. The company is headquartered in New York, New York. | $5M | Series A | Apr 25, 2022 |  |
| Parfait | Parfait is a brand-new wig customization platform aimed at disrupting the category by integrating facial recognition and artificial intelligence to provide buyers with customizable wig products. | $5M | Seed | Apr 12, 2022 |  |

7 of 7 investments shown.

## Co-investors
- [Y Combinator](https://shizune.co/investors/profile/y-combinator) — VC Fund, 4 deals together
- [Soma Capital](https://shizune.co/investors/profile/soma-capital) — VC Fund, 3 deals together
- [Unpopular Ventures](https://shizune.co/investors/profile/unpopular-ventures) — VC Fund, 3 deals together
- [Vastly Valuable Ventures](https://shizune.co/investors/profile/vastly-valuable-ventures) — VC Fund, 2 deals together
- [Asymmetry Ventures](https://shizune.co/investors/profile/asymmetry-ventures) — VC Fund, 1 deal together
- [CapitalX](https://shizune.co/investors/profile/capitalx) — VC Fund, 1 deal together

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## FAQ

### What does True Culture Fund invest in?

True Culture Fund invests primarily in Mobile, Apps and Video startups, most often at Seed and Series A stage. Most of the 7 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is True Culture Fund's check size?

True Culture Fund typically joins rounds of $500k–$6.4M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds True Culture Fund participates in.

### When did True Culture Fund last invest?

The most recent investment recorded for True Culture Fund closed in Apr 2024. Shizune tracks 7 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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