The London-based company has raised its first external capital to enhance its financial data infrastructure and supplier integrations.
"This is our first funding round, so the $3.5M is the total funding to date."
True is a consumer-focused investment and innovation advisory firm that operates an early-stage venture capital fund focusing on pre-seed to series a investments.
Portfolio
6
companies
Alpa
Alpa builds real-time financial software for the hospitality sector.
JENA
JENA provides an all-in-one operating system for independent solopreneurs.
Jitty
Jitty develops artificial intelligence software to modernise the property-buying process.

Mirthy
Mirthy runs an online community and activities platform for older adults.
SAVA
SAVA develops pain-free real-time microsensors for health monitoring.
Unmind
Unmind provides a digital workplace mental health platform for global organisations.
Mike Martin
Director
The London-based company has raised its first external capital to enhance its financial data infrastructure and supplier integrations.
"This is our first funding round, so the $3.5M is the total funding to date."
The London healthtech startup secured backing from Balderton and Pentland to scale manufacturing and regulatory pathways for its continuous glucose monitor.
"During their time at Imperial, they worked in one of the pioneering research groups that invented modern glucose strip technology. Their combined expertise in electrochemistry, biosensing, and medical device engineering laid the foundation for Sava’s next-generation biosensor platform."
The oversubscribed round was co-led by True and Gfund to support product development and customer growth.
"This funding validates our vision and will fuel our efforts to empower more solopreneurs to thrive on their own terms"
The pre-seed round was led by Gradient Ventures to support ongoing product development.
"We didn't understand why booking a holiday or buying a book online had better usability than buying a home for several hundred thousand pounds. We've set out to give home-buyers the fantastic experience they deserve, by giving them a suite of tools to help every step of the way."

Ascension's Fair By Design fund led the pre-seed round, with participation from Ada Ventures, Redrice Ventures and True.
"While dialogue around an ageing population focuses on the growing burden on health services, my experience sees a generation of people with more energy, desire for life and time than ever before,"