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5•• V•••••••

Venture firm with private equity activityClassification probableLower middle marketSEC registered investment adviser· San Francisco, CA5•••••••••.com

••• Locked

Regulatory AUM
$1.1B
Form ADV
PE fund assets
$388M
Form ADV
PE funds
2
Form ADV
Investments held
1 of 88
DFX transaction tape
Deals, last 12 months
Not established
As of · identity and classification; each section below carries its own date
Classification
How this organization is classified, and on what basisVenture firm with private equity activity · 2 in historyShow
Class
Venture firm with private equity activityprobable, confidence 70%
Basis
R1c: the venture graph classifies the same adviser MULTI_STAGE_VC and its name reads venture
Size band
Lower middle marketdefined by: proxy: $0.39bn Private Equity Fund GAV on the Form ADV filed 2024-11-13
Classification history (2)
  1. Sep 13, 2026
    Venture firm with private equity activity (probable, 70%, cls-pe-2)
    R1c: the venture graph classifies the same adviser MULTI_STAGE_VC and its name reads venture
  2. Sep 13, 2026
    Venture firm with private equity activity (probable, 70%, cls-pe-1)
    R3: 11 sworn Venture Capital Funds against 2 Private Equity Funds over 2011-2024
Regulatory footprint (Form ADV)
Adviser type
registered investment adviser
Form ADV filings
Mar 29, 2012 to Mar 30, 2026
RAUM
$1.1Bregulatory assets under management of the adviser; not dry powder, not a fund size
PE funds, latest filing
2
PE fund GAV, latest filing
$388Mreported gross assets (Form ADV), not fund size
All private fund GAV
$947Mevery private fund type, latest filing
2024 PE fund GAV
$388Msum over funds typed Private Equity Fund with a 2024 or later as-of date
PE share of funds, lifetime
15%
Fund type mix
filed 2024-11-13, latest gav Private Equity Fund $388M, Venture Capital Fund $1.1B, latest counts Private Equity Fund 2, Venture Capital Fund 9, lifetime distinct Private Equity Fund 2, Venture Capital Fund 11
Employees
37
Headquarters
San Francisco, CA
Office address
••• Locked
Business phone
••• Locked
Stated criteria beside observed behaviour
88 observed deals
Stated by the firm
Sectors
life sciences, technology
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
roles
unknown 88
period
to 2025-01-01, from 2006-01-01, undated holdings 63, dated observations 25
window
last unknown, first unknown
control
unknown 88
companies
88
geography
count 1, share 0.011, value CA
investments
88
seller kinds
transactions
0
cadence by year
platform add on
add ons 0, platforms 0, add ons per platform unknown
sector known for
4
disclosed value usd
n 0
sector distribution
count 2, share 0.023, value healthcare services, examples Nouscom, Ceterix Orthopedics, count 1, share 0.011, value life sciences, examples Envoy, count 1, share 0.011, value software, examples Epirus
holding period years
n 0
repeat counterparties
subsector distribution
count 2, share 0.023, value outpatient specialty clinics, examples Nouscom, Ceterix Orthopedics, count 1, share 0.011, value medical devices, examples Envoy, count 1, share 0.011, value software, examples Epirus

88 companies on the graph (0 transactions); most in healthcare services (2); observed 2006 to 2025

Funds
2 on record
FundVehicleVintageReported gross assets (Form ADV), not fund sizeGAV by yearForm D soldLifecycle
5•• O••••••••• I•• L•
ADV: Private Equity Fund
buyout or unlabelled2022
first reported on Form ADV
$320M
as of Nov 13, 2024
no Form DEarly deployment
5•• O••••••••• I• L•
ADV: Private Equity Fund
buyout or unlabelled2019
first reported on Form ADV
$67.8M
as of Nov 13, 2024
no Form DHarvest
Team
44 current, 23 former
Partner (10)
Platform (16)
Other (8)
23 former (kept with end dates)
Portfolio
88 relationships, 0 platforms, 0 add-ons
CompanyRoleStatusInvestedHeldPartnerSource
S•••••••••Role unknownunknownJan 1, 2025
year stated on the firm's page
1.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
s•••••••••Role unknownunknownJan 1, 2025
year stated on the firm's page
1.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
E••••••Role unknownunknownJan 1, 2024
year stated on the firm's page
2.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
B••• R••• B••Role unknownexitedJan 1, 2023
year stated on the firm's page
3.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
C••••• P•••••Role unknownexitedJan 1, 2023
year stated on the firm's page
3.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
A•••••Role unknownunknownJan 1, 2022
year stated on the firm's page
4.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
P•••••• B•••••••••Role unknownexitedJan 1, 2022
year stated on the firm's page
4.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
P•••••••• N•••••••••Role unknownexitedJan 1, 2021
year stated on the firm's page
5.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
A•••••••Role unknownexitedJan 1, 2019
year stated on the firm's page
7.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
C•••••• O•••••••••Role unknownunknownJan 1, 2018
year stated on the firm's page
8.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
A••••Role unknownunknownJan 1, 2015
year stated on the firm's page
11.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
C••••••••Role unknownexitedJan 1, 2015
year stated on the firm's page
11.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
C••••••• R•••••••Role unknownexitedJan 1, 2015
year stated on the firm's page
11.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
N•••••Role unknownexitedJan 1, 2015
year stated on the firm's page
11.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
D•• S•••••••Role unknownexitedJan 1, 2014
year stated on the firm's page
12.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
I•••••Role unknownexitedJan 1, 2014
year stated on the firm's page
12.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
I••••••Role unknownexitedJan 1, 2013
year stated on the firm's page
13.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
P••••Role unknownexitedJan 1, 2013
year stated on the firm's page
13.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
E••••Role unknownexitedJan 1, 2012
year stated on the firm's page
14.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
S•••••• B•••••••••Role unknownexitedJan 1, 2012
year stated on the firm's page
14.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
S••••••Role unknownexitedJan 1, 2011
year stated on the firm's page
15.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
M•••••••Role unknownexitedJan 1, 2010
year stated on the firm's page
16.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
P•••••••Role unknownexitedJan 1, 2008
year stated on the firm's page
18.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
I•••••Role unknownexitedJan 1, 2007
year stated on the firm's page
19.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
M••••••Role unknownexitedJan 1, 2006
year stated on the firm's page
20.7 yearsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
5•••••••••Role unknownactiveunknownunknownunknownFact DFX graph bridge (shared CRD, CIK, EIN, SEC fund id and individual CRD across fo/isi/vc/pe)
A•••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
A•••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
A••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
A•••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
A••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
B•••••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
B•••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
C•••••••• B••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
C••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
C••••• T•••••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
C•••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
C••••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
C•••• B••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
D••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
D•••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
E••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
E•••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
E•••••• T•••••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
E•••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
E••••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
F••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
F••••• H•••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
F••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
G•••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
H••••• I•••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
H•••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
I•••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
I••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
I•••• N•••••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
I•••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
K•••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
K•••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
K••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
L••••• B••••••••• I•••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
L•••••• I•••••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
M••••••• I••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
M•••••• I•••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
M•••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
n•••••• B••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
N•••••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
N••• B••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
N••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
P•••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
P••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
P••••• I•••••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
P•••••• B•••••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
P••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
P••••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
R•••••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
R•••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
R•••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
R••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
R••••••• B••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
R•••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
R••••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
R•••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
S••• B••••••••• I•••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
S•••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
V•• V•••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
V•••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
V•• B••••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
W••••••Role unknownunknownunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
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
1 most recent
Across the graphs

5•• V••••••• 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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