DFX Intelligence
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A•••• P•••••• W••••• L••
Venture firm with private equity activityClassification probableLower middle marketSEC registered investment adviser· Holladay, UTa•••••••••.com
••• Locked
As of · identity and classification; each section below carries its own date
- Regulatory AUM
- $139M
- PE fund assets
- $8.2M
- PE funds
- 5
- Investments held
- Not established
- Deals, last 12 months
- Not established
Form ADV
Form ADV
Form ADV
As of · identity and classification; each section below carries its own date
Why this matters
- Graphs 3
- RAUM $139M
Classification
How this organization is classified, and on what basisVenture firm with private equity activity · 2 in historyShowHide
- Class
- Venture firm with private equity activityprobable, confidence 70%
- Basis
- R1c: the venture graph classifies the same adviser MICRO_VC
- Size band
- Lower middle marketdefined by: proxy: $0.01bn P•••••• Equity Fund GAV on the Form ADV filed 2024-10-02
Classification history (2)
- Sep 13, 2026Venture firm with private equity activity (probable, 70%, cls-pe-2)R1c: the venture graph classifies the same adviser MICRO_VC
- Sep 13, 2026Venture firm with private equity activity (probable, 70%, cls-pe-1)R3: 14 sworn Venture Capital Funds against 5 P•••••• Equity Funds over 2011-2024
Regulatory footprint (Form ADV)
- Adviser type
- registered investment adviser
- Form ADV filings
- Mar 26, 2023 to Oct 2, 2024
- RAUM
- $139Mregulatory assets under management of the adviser; not dry powder, not a fund size
- PE funds, latest filing
- 5
- PE fund GAV, latest filing
- $8.2Mreported gross assets (Form ADV), not fund size
- All private fund GAV
- $44.4Mevery private fund type, latest filing
- 2024 PE fund GAV
- $8.2Msum over funds typed Private Equity Fund with a 2024 or later as-of date
- PE share of funds, lifetime
- 24%
- Fund type mix
- filed 2024-10-02, latest gav Other Private Fund $4.3M, Private Equity Fund $8.2M, Venture Capital Fund $31.8M, latest counts Other Private Fund 2, Private Equity Fund 5, Venture Capital Fund 14, lifetime distinct Other Private Fund 2, Private Equity Fund 5, Venture Capital Fund 14
- Employees
- 8
- Headquarters
- Holladay, UT
- Office address
- ••• Locked
- Business phone
- ••• Locked
Stated criteria beside observed behaviour
no observed deals yet
Stated by the firm
- Sectors
- not stated or not yet read
- Geography
- not stated or not yet read
- Revenue
- not stated or not yet read
- EBITDA
- not stated or not yet read
- Enterprise value
- not stated or not yet read
- Equity check
- not stated or not yet read
- Control
- not stated or not yet read
- Thesis
- ••• Locked
Observed from deals on record
Nothing observed yet. Behaviour is computed from transactions and portfolio relationships, which have not been collected for this firm.
Funds
5 on record
| Fund | Vehicle | Vintage | Reported gross assets (Form ADV), not fund size | GAV by year | Form D sold | Lifecycle |
|---|---|---|---|---|---|---|
| A•••• O••••••••• F••• T•• L•• ADV: P•••••• Equity Fund | buyout or unlabelled | 2024 first reported on Form ADV | $1.3M as of Oct 2, 2024 | no Form D | Unknown | |
| A•••• O••••••••• F••• V••• L•• ADV: P•••••• Equity Fund | buyout or unlabelled | unknown | $3.5M as of Oct 2, 2024 | no Form D | Early deployment | |
| A•••• O••••••••• F••• S••• L•• ADV: P•••••• Equity Fund | buyout or unlabelled | unknown | $1.6M as of Oct 2, 2024 | no Form D | Early deployment | |
| A•••• O••••••••• F••• N••• L•• ADV: P•••••• Equity Fund | buyout or unlabelled | unknown | $1.2M as of Oct 2, 2024 | no Form D | Unknown | |
| A•••• O••••••••• F••• F••• L•• ADV: P•••••• Equity Fund | buyout or unlabelled | unknown | $565,000 as of Oct 2, 2024 | no Form D | Unknown |
Team
7 current, 0 former
Managing partner (2)
- R••••• S••••••• · CEO & Founder · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- R••••• K••• S••••••• · Chief Executive Officer And Chief Compliance Officer · since Jun 1, 2020 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)
Vice president (1)
- A••• S•••••• · VP, Head of Investment Strategy · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
Analyst (1)
- Z••• S•••••• · Senior Financial Analyst · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
Platform (2)
- C•••••••• R••• · SVP, Head of P•••••• Investments & Compliance · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- F••••• D•••••• · Partner, Coo, And Co-Chief Investment Officer · since Feb 1, 2024 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)
Other (1)
- H••••• M••••• · Head of Growth · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
Portfolio
0 relationships, 0 platforms, 0 add-ons
No portfolio relationship collected for this firm yet. They arrive from the firm’s portfolio page, deal announcements and filings.
Transactions
0 on record
No transaction naming this firm has been collected yet. The deal tape is read from SEC filings and cited announcements.
Placement agents, lenders, advisers and co-investors
0 relationships
No counterparty collected yet. These are counted from transactions that name both this firm and the other party, and from placement agents on this firm’s funds.
LP commitments
0 disclosed
No LP commitment collected yet. An LP edge needs a public disclosure with a quote, such as a pension plan’s report or an announcement naming the LP.
Events
2 most recent
- Mar 31, 2026A•••• P•••••• W••••• L••: P•••••• Equity Funds on Form ADV 5 (2024 extract) -> 6 (roster 2026-09-01)
- Mar 26, 2023A•••• P•••••• W••••• L•• first filed Form ADV in the extract (IA)
Across the graphs
A•••• P•••••• W••••• L•• is the same institution as 3 records in Venture Capital, Independent Sponsors and RIA and Wealth.
Venture Capital1Independent Sponsors1RIA and Wealth1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
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