TBD Ventures is led by founder Trevor Hague, who spent about 15 years in leadership roles at major alcohol companies before starting the fund, and it focuses specifically on non-alcoholic, functional, and better-for-you beverage brands. Beyond investing, TBD also raises capital through SPVs and syndicates, advises founders directly, and says it has helped open more than 100,000 retail doors, making it well suited for founder-led brands at a turning point in their growth.