Firms

True Wealth Ventures

True Wealth Ventures

Austin, Texas, United States

True Wealth Ventures is an Austin-based early-stage venture capital firm investing in women-led companies that improve human or environmental health. Founding General Partner Sara T. Brand and General Partner Kerry Rupp combine venture, entrepreneurial, scientific and operating experience to support portfolio growth and governance. Its investments include cognitive-care software, behavioral-health AI, virtual-reality biofeedback, mobility assistance and other healthcare, sustainability and consumer-health technologies. Its own portfolio lists BrainCheck, PointHealth, Flowly, UnaliWear and the acquired De Oro Devices, among other businesses. Portfolio descriptions are investment themes rather than guarantees of clinical or commercial performance. The legal adviser is True Wealth Venture Capital, LLC, CRD285231, an exempt reporting adviser under the venture-capital-fund exemption. Its March2026 filing identifies thirteen legal fund vehicles: Fund I, Fund II, Fund II-A and ten co-investment series. Fund I closed at USD19.1 million in2018 and an oversubscribed USD35 million Fund II close was announced June28,2022. Earlier fundraising targets, parallel-vehicle allocations, regulatory asset values and the reported approximately USD60 million AUM are not additional closed capital. Its six named current published professionals include two general partners, a visiting partner and three listed LP/advisers; unnamed fellows and interns are not invented as individual team records.

Founded
—
Type
Venture capital

Funds13

  • TRUE WEALTH VENTURES FUND II, LP$35M

    Actual35M FundII strategy close announcedJune28,2022. FundII-A is distinct legal parallel vehicle incurrentADV, allocationacrossII/II-A undisclosed; same35Mnotduplicated onparallelvehicle.

  • TRUE WEALTH VENTURES FUND I, L.P.$19M

    ActualFundI19.1M finalclosedcapital, announcedFebruary13,2018; laterown2022issuerreleaseexact19.1M. Earlier4.7Mpartialclose and20Mtarget notadditionalfundcash.

  • TRUE WEALTH VENTURES FUND II-A LP—

    Exact currentMarch2026 regulatory legalvehicle 805-3312189111. Finalclosedcashsize/date unverified, amount/dateNULL. Regulatory grossassetvalue isnotfundraisecash; namedtargetportfolioassetdoesnot prove undisclosedroundallocation or additionalfollow-on check.

  • TWV BRAINCHECK PRO RATA, A SERIES OF TRUE WEALTH VENTURES COINVESTMENT, LLC—

    Exact currentMarch2026 regulatory legalvehicle 805-7943682248. Finalclosedcashsize/date unverified, amount/dateNULL. Regulatory grossassetvalue isnotfundraisecash; namedtargetportfolioassetdoesnot prove undisclosedroundallocation or additionalfollow-on check.

  • TWV DE ORO COINVEST, A SERIES OF TRUE WEALTH VENTURES COINVESTMENT, LLC—

    Exact currentMarch2026 regulatory legalvehicle 805-6956107341. Finalclosedcashsize/date unverified, amount/dateNULL. Regulatory grossassetvalue isnotfundraisecash; namedtargetportfolioassetdoesnot prove undisclosedroundallocation or additionalfollow-on check.

  • TWV OCEANAPPR II A SERIES OF TRUE WEALTH VENTURES COINVESTMENT, LLC—

    Exact currentMarch2026 regulatory legalvehicle 805-9955527467. Finalclosedcashsize/date unverified, amount/dateNULL. Regulatory grossassetvalue isnotfundraisecash; namedtargetportfolioassetdoesnot prove undisclosedroundallocation or additionalfollow-on check.

  • TWV OCEANAPROVED COINVEST, A SERIES OF TRUE WEALTH VENTURES COINVESTMENT, LLC—

    Exact currentMarch2026 regulatory legalvehicle 805-6130634992. Finalclosedcashsize/date unverified, amount/dateNULL. Regulatory grossassetvalue isnotfundraisecash; namedtargetportfolioassetdoesnot prove undisclosedroundallocation or additionalfollow-on check.

  • TWV ORALUCENT COINVEST - TRUE WEALTH VENTURES COINVESTMENT, LLC—

    Exact currentMarch2026 regulatory legalvehicle 805-4235047177. Finalclosedcashsize/date unverified, amount/dateNULL. Regulatory grossassetvalue isnotfundraisecash; namedtargetportfolioassetdoesnot prove undisclosedroundallocation or additionalfollow-on check.

Team

Operations and support

Jason SeatsJason SeatsAdviser / LP network member (published directory)
Kerry RuppKerry RuppGeneral Partner
Laurie Felker JonesLaurie Felker JonesVisiting Partner
Pam RyanPam RyanAdviser / LP network member (published directory)
Sara T. BrandSara T. BrandFounding General Partner
Susan K. NestegardSusan K. NestegardAdviser / LP network member (published directory)

Co-investing

S3 Ventures
Tensility Venture Partners
Nueterra Capital
Emmeline Ventures
LombardStreet Ventures

Investments