DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Darwin Ventures, LLC
Latest filing Mar 31, 2026
First filing on the tape Feb 2, 2012 · 28 filings
SEC status approved since Feb 13, 2012
RAUM
$908M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
12
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$908M as of Mar 31, 2026
Apr 1, 2013$154M then
HNW client RAUM$0 as of Mar 31, 2026
Feb 19, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Apr 1, 20130 then
Employees (5.A)4 as of Mar 31, 2026
Apr 1, 20132 then
Private funds12 as of Mar 31, 2026
Apr 1, 20132 then
RAUM +31% over the last fiscal year+16% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $75.7MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +31%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 5.G
- Custody
- yesreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- has discretionary authority over which securities are bought or sold (8.C.1)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$908M100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 12reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $0 for 0 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
10 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Darwin Venture Capital Fund-Of-Funds II, L.P. | Venture Capital Fund | $213M | 30 | Feb 2, 2012 |
| Darwin Venture Capital Fund-Of-Funds IV, L.P. | Venture Capital Fund | $108M | 74 | Jul 12, 2016 |
| Darwin Venture Capital Fund-Of-Funds V, L.P. | Venture Capital Fund | $86.6M | 75 | Mar 21, 2019 |
| Darwin Venture Capital Fund-Of-Funds Vi, L.P. | Venture Capital Fund | $76.0M | 63 | Mar 30, 2021 |
| Darwin Venture Capital Fund-Of-Funds III, L.P. | Venture Capital Fund | $74.1M | 56 | Sep 15, 2014 |
| Darwin Venture Capital Fund-Of-Funds, L.P. | Venture Capital Fund | $11.7M | 20 | Feb 2, 2012 |
| Darwin Ventures Vi-A LLC | Venture Capital Fund | $9.4M | 4 | Mar 31, 2022 |
| Darwin Ventures V-A LLC | Venture Capital Fund | $7.1M | 2 | Mar 30, 2021 |
| Darwin Ventures Vi-B LLC | Venture Capital Fund | $6.3M | 2 | Mar 31, 2023 |
| Darwin Ventures Vi-C LLC | Venture Capital Fund | $1.1M | 1 | Mar 31, 2023 |
Owners and control persons
Schedule A and B, latest filing
- Robert Frank Jr. Caufield · Managing General Partner, Managing Membercontrolsince 09/2002 · owns 75% or more
- Patrick Ryan Cotton · Chief Compliance Officer, Partnercontrolsince 01/2020 · owns less than 5%
Related persons
Schedule D 7.A
- Darwin Ventures II, LLCpooled vehicle sponsorn
- Darwin Ventures III, LLCpooled vehicle sponsorn
- Darwin Ventures IV, LLCpooled vehicle sponsorn
- Darwin Ventures V-A LLCpooled vehicle sponsorn
- Darwin Ventures V, LLCpooled vehicle sponsorn
- Darwin Ventures Vi-A LLCpooled vehicle sponsorn
- Darwin Ventures Vi-B LLCpooled vehicle sponsorn
- Darwin Ventures Vi-C LLCpooled vehicle sponsorn
- Darwin Ventures Vi, LLCpooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 10 to 12Mar 31, 2025 to Mar 31, 2026
- Pooled vehicle clients · 10 to 12Mar 31, 2025 to Mar 31, 2026
- Private funds · 10 to 12Mar 31, 2025 to Mar 31, 2026
- Discretionary RAUM · $693M to $908MMar 31, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $693M to $908MMar 31, 2025 to Mar 31, 2026
- RAUM · $693M to $908MMar 31, 2025 to Mar 31, 2026
- Financial planning clients · unset to Oct 22, 2024 to Mar 31, 2025
- Discretionary RAUM · $593M to $693MOct 22, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $593M to $693MOct 22, 2024 to Mar 31, 2025
- RAUM · $593M to $693MOct 22, 2024 to Mar 31, 2025
- HQ city · BURLINGAME to SANDPOINTMar 29, 2024 to Oct 22, 2024
- HQ state · CA to IDMar 29, 2024 to Oct 22, 2024
- Discretionary RAUM · $581M to $593MSep 14, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $581M to $593MSep 14, 2023 to Mar 29, 2024
- RAUM · $581M to $593MSep 14, 2023 to Mar 29, 2024
- Accounts · 8 to 10Mar 31, 2022 to Mar 31, 2023
- Pooled vehicle clients · 8 to 10Mar 31, 2022 to Mar 31, 2023
- Assets in custody · $594M to $0Mar 31, 2022 to Mar 31, 2023
- Private funds · 8 to 10Mar 31, 2022 to Mar 31, 2023
- Discretionary RAUM · $594M to $581MMar 31, 2022 to Mar 31, 2023
- Pooled vehicle RAUM · $594M to $581MMar 31, 2022 to Mar 31, 2023
- RAUM · $594M to $581MMar 31, 2022 to Mar 31, 2023
- Accounts · 7 to 8Mar 30, 2021 to Mar 31, 2022
- Pooled vehicle clients · 7 to 8Mar 30, 2021 to Mar 31, 2022
- Assets in custody · $416M to $594MMar 30, 2021 to Mar 31, 2022
- Private funds · 7 to 8Mar 30, 2021 to Mar 31, 2022
- Discretionary RAUM · $416M to $594MMar 30, 2021 to Mar 31, 2022
- Pooled vehicle RAUM · $416M to $594MMar 30, 2021 to Mar 31, 2022
- RAUM · $416M to $594MMar 30, 2021 to Mar 31, 2022
- Accounts · 5 to 7Jan 27, 2021 to Mar 30, 2021
- Advisory employees · 2 to 3Jan 27, 2021 to Mar 30, 2021
- Pooled vehicle clients · 5 to 7Jan 27, 2021 to Mar 30, 2021
- Assets in custody · $362M to $416MJan 27, 2021 to Mar 30, 2021
- Private funds · 5 to 7Jan 27, 2021 to Mar 30, 2021
- Discretionary RAUM · $362M to $416MJan 27, 2021 to Mar 30, 2021
- Pooled vehicle RAUM · $362M to $416MJan 27, 2021 to Mar 30, 2021
- RAUM · $362M to $416MJan 27, 2021 to Mar 30, 2021
- Employees · 3 to 4Mar 26, 2020 to Jan 27, 2021
- Assets in custody · $335M to $362MMar 21, 2019 to Mar 26, 2020
- HQ city · SAN FRANCISCO to BURLINGAMEMar 21, 2019 to Mar 26, 2020
Signals
2 dated events
- Darwin Ventures, Llc reported RAUM $908.0M, up 31% from $693.5M (2025-03-31 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- Darwin Ventures, Llc reported RAUM $593.5M, up 43% from $416.3M (2021-03-30 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- Darwin Ventures, LLC · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/darwin-venturesreportedpublic record, Form ADV, Sep 17, 2026
- Website
- DARWINVC.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 415-362-0648reportedpublic record, Form ADV, Mar 31, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026