Akkadian Ventures Management Inc
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- PE fund assets
- $6.9M
- PE funds
- 1
- Investments held
- 44 of 45
- Deals, last 12 months
- 1
10 additional team members, 44 additional funds, deals and LP commitments
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 180 days.
People to know
View all people- Akkadian Ventures Gp Ii, Llc: Member, Managing Director, Chief Investment OfficerWhy: Chief investment officer: owns the allocation decisionNo route on file yet
- Co-founder & Managing DirectorWhy: Founder of the firmProfile
- PartnerWhy: Partner: part of the investment decisionProfile
Capital path
who backs this record, through what, into what; each name opens its own path- Akkadian Ventures Annex II, LPvintage 2013
- Industry Ventures Fund V, L.P.vintage 2008
- Farrell Marsh & Co.placement agent, 1 shared
- Hamilton Miller Investments, LLCplacement agent, 1 shared
- Gold Bridge Capital, LLCplacement agent, 1 shared
Relationship network
63 connected entities1 observed dealdeals 2025
From announced deals and their parties, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the private equity graph. Dollar figures appear only where a source disclosed one.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the deals and sources behind it. Line weight is deals together; dashed lines are inferred.
- Company
- Service provider
- Fund or vehicle
- Person
›How strength and recency are read
Strength is read from the deals: three or more is a strong observed relationship, two a repeat counterparty, one a single interaction. People and vehicles are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Classification, Form ADV and stated criteria
Classification, Form ADV and stated criteria
How this organization is classified, and on what basisBuyout firm · 1 in historyShowHide
- Class
- Buyout firmprobable, confidence 65%
- Basis
- 2 of 2 distinct vehicles are sworn Private Equity Funds
- Size band
- unsizeddefined by: no Private Equity Fund GAV on a filing from 2021 or later
- Strategies
- Secondaries
Classification history (1)
- Sep 13, 2026Buyout firm (probable, 65%)2 of 2 distinct vehicles are sworn Private Equity Funds
Regulatory footprint (Form ADV)1 PE funds · filed Mar 29, 2017ShowHide
- Adviser type
- Exempt reporting adviser
- Form ADV filings
- Oct 25, 2012 to Mar 29, 2017
- RAUM
- unknownregulatory assets under management of the adviser; not dry powder, not a fund size
- PE funds, latest filing
- 1
- PE fund GAV, latest filing
- $6.9Mreported gross assets (Form ADV), not fund size
- All private fund GAV
- $6.9Mevery private fund type, latest filing
- 2024 PE fund GAV
- unknownsum over funds typed Private Equity Fund with a 2024 or later as-of date
- PE share of funds, lifetime
- 100%
- Fund type mix
- Private equity fund: 1 fund, $6.9M reported gross assets, 2 ever reported
- Employees
- unknown
- Headquarters
- San Francisco, CA
Stated criteria beside observed behaviourno criteria stated · 45 observed dealsShowHide
- 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
- not stated or not yet read
- On record
- 45 companies, 45 holdings, 1 transaction
- Period
- 2025 (2 dated observations, 44 holdings undated)
- Most deals
- Software (9 of 45, e.g. Navan and Lithium), media telecom (2 of 45), financial services (1 of 45) and 1 more
- Subsectors
- Software (6 of 45), vertical software (3 of 45), media telecom (2 of 45), financial services (1 of 45) and 1 more
- Deal roles
- 1 platform, 1 add-on, 43 with role not stated
- Control
- 1 control, 44 not stated
- Where
- Ca (1 of 45), il (1 of 45)
- By year
- 2025: 1 add-on
45 companies on the graph (1 transaction); most in software (9); 1 platform and 1 add-on; observed 2025 to 2025
Funds
How vehicles are groupedFeeders, parallels, executive funds, alternative investment vehicles and lettered sleeves are folded under the fund they belong to, read from the vehicle names. Deal-by-deal co-investment vehicles are pooled. Current funds come first: families are ordered by vintage, newest first, among those holding at least a twentieth of the largest family’s assets, then by size. The figure is the sum of each vehicle’s latest reported gross assets on Form ADV, not a fund size.Akkadian Ventures Annex II · 1 vehicle · vintage 2013$5.3M
- Akkadian Ventures Annex II Continuation vehicle · 2013$5.3M
Industry Ventures Fund V · 1 vehicle · vintage 2008no GAV reported
- Industry Ventures Fund V buyout or unlabelled · 2008
Gross assets by year from the annual reporting tape1 more fund, not yet on the fund tableShowHide
These funds appear in this adviser’s Form ADV reporting. One row per fund per year (the latest filing of that year). Values are reported gross assets, not fund size.
| Fund | Type (ADV) | Years | Path | Latest reported GAV | Source |
|---|---|---|---|---|---|
| Akkadian Ventures II, LP | Private Equity Fund | 2012 to 2016 | $6.9M filed Mar 30, 2016 | adviserinfo.sec.gov |
Decision makers
- Benjamin David Black · Akkadian Ventures Gp Ii, Llc: Member, Managing Director, Chief Investment OfficerWhy this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
- Ben Black · Co-founder & Managing DirectorWhy this person: Founder of the firm; Named with investment responsibilityLinkedIn or profile link on file (firm website), confirmed 2026-09-30, confidence 90%
- Craig Nolan · PartnerWhy this person: Partner: part of the investment decision; Named with investment responsibilityLinkedIn or profile link on file (firm website), confirmed 2026-09-30, confidence 90%
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 2 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Team
Where the team comes fromEach row names its source in short; hover the source for its full description. Sources on this list: Investment organization websites (team, portfolio, strategy, criteria, news); SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites). A person named by two sources under two spellings is shown once, with both sources.- Co-founder & Managing Director
- Akkadian Ventures Gp Ii, Llc: Member, Managing Director, Chief Investment Officer · since Oct 1, 2011
- Partner
Deals
How deals are mergedOne row per deal. A portfolio relationship and a transaction that describe the same deal (the same transaction, or the same company on the same date) are printed once, with the columns of both. 45 portfolio relationships and 1 transaction are on this record.| Date | Company | Deal | This firm’s role | Status | Partner | Source |
|---|---|---|---|---|---|---|
| Nov 10, 2025 | Velocity add-on to BigPanda | Add-on acquisition | Sponsor (derived) | active held 11 months | unknown | bigpanda.io |
| date unknown | palantir | Portfolio relationship | Role unknown | active | unknown | Fact Firm website |
| date unknown | Liftoff | Portfolio relationship | Role unknown | active | unknown | Fact Firm website |
Portfolio credit
Where these figures come fromPortfolio companies matched to a BDC borrower by an identity-graded bridge, read from each BDC’s own schedule of investments: the lenders’ marks, their accrual footnotes, PIK and maturities. Observed, never forecast. Firms whose own BDC lends to the company are left out.- Principal held
- n/a
- 0 lenders
- Weighted mark
- n/a
- on cost
- Non-accrual now
- 0
- 0 placed at Jun 30, 2026
- Marked down
- 0
- 2 pts or more on the quarter
- Maturing in 12 months
- 0
- none stated
- 2 portfolio companies on a BDC schedule at Jun 30, 2026: 0 with ownership stated current, 2 listed on a portfolio page with no date or status.
Show the credit outlook: 2 borrowers, 0 lenders, 0 quartersas of Jun 30, 2026
2 borrowers are in every figure above and named with Private Credit Intelligence.
- A mark is the lender's own fair value over cost for the quarter. Below 90 means the lender carries the loan at a discount of 10 or more on the dollar; it is that lender's valuation, not DFX's.
- Two lenders on the same facility 10 points apart are valuing the same loan differently; which one is right is not something a schedule of investments says.
- Non-accrual is read from the BDC's own footnote, never inferred from a mark. PIK is interest the borrower pays in more debt rather than cash.
- No forecast is made here. DFX does not publish a default or distress prediction for a sponsor.
Population: portfolio companies matched to a BDC borrower by an identity-graded bridge, on a BDC schedule of investments at Jun 30, 2026, ownership not recorded as exited. Firms whose own BDC lends to the company, and private credit managers, are left out: that is lending, not ownership. Marks, principal and accrual status are the BDCs' own filed figures; the quarter before is Mar 31, 2026.
Placement agents, lenders, advisers and co-investors
- Farrell Marsh & Co. 1 shared · one time
- Hamilton Miller Investments, LLC 1 shared · one time · last Jan 1, 2013
- Gold Bridge Capital, LLC 1 shared · one time
LP commitments
How LPs are totalledOne line per LP, largest disclosed total first. A commitment that the same LP reports again in a later document is counted once in its total; both documents stay in the full list. Rows repeated line for line from one document are shown once.Events
Akkadian Ventures Management Inc sits on 1 traced path of capital across the graphs.
DFX traced 1 path of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
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Record history
- Adviser off roster2026-09-01source on record
- Adviser first ADV filing2012-10-25source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
Not yet on record: regulatory AUM.