Key Takeaways
- • True, a Philadelphia-based executive talent platform, announced the launch of True Venture Studios, a boutique executive search practice serving founders and venture-backed companies.
- • The practice targets sectors including AI infrastructure, HardTech, SpaceTech, DefenseTech, Fintech, Healthcare, and Life Sciences.
- • True Venture Studios reports identifying the right executive in an average of 21 days, according to the company.
- • The launch is framed as a reaffirmation of True's roots in venture, with the firm noting that more than half of its clients return for future engagements.
- • Rhoda Longhenry, Managing Director and Head of the Venture Capital Practice, is leading the initiative.
Summary
According to the release, True has partnered with founders and investors across the venture ecosystem since its founding in 2013, and more than half of its clients have returned for subsequent engagements. As the firm has expanded to serve other asset classes at different stages of maturity, True Venture Studios is positioned as a more specialized team dedicated to venture-backed innovators, disruptors and leaders.
The company says founders face compressed company-building timelines in the AI era, scaling from inception to late-stage rounds in a fraction of the time previously required. The firm states that it identifies the right executive in an average of 21 days. Each engagement draws on True's strongest venture talent, and practitioners are embedded across the United States, Europe and other key global markets.
Rhoda Longhenry, Managing Director and Head of the Venture Capital Practice, said the unit is "our way of reasserting our roots." Dan Miller, Managing Director and Head of the Artificial Intelligence and Venture Capital Practices, said the team combines a high-touch, consultative approach with True's global talent network. Co-founder Josh Withers said the firm has worked with founding teams from mobile to cloud to SaaS, from their first institutional rounds through IPOs.
True describes itself as an executive talent management platform, with True Search for executive recruiting, TrueBridge for fractional and interim placements, True Talent Labs for leadership coaching and assessment, Thrive as a talent CRM, and SearchEssentials for tech-enabled hiring. The release does not disclose financial terms of the launch.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.