DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Audacious Management Company, LLC
Audacious Management Company, LLC
Seeking those capable of improbable outcomes.
venture manager, reported GAV $176M across 6 vehicles
Importance
23
moderate
Active deployment
25
moderate
Emerging
0
low
Completeness
63
high
Freshness
100
high
Research priority
11
low
Identity and regulatory footprint
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- 215 SECOND STREET, SECOND FLOOR, San Francisco, CA, 94105adviserinfo.sec.gov
- Business phone
- 650-644-7222adviserinfo.sec.gov
- Website
- https://www.audacious.co/
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 27, 2026
- Private funds reported
- 6 (6 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $272Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 650-644-7222adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- energy
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
6 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Audacious W II, L.P. | Fund | 2026 form d first sale | Newly closed | unknown | unknown | $12.0M of $12.0M | Feb 10, 2026 |
| Audacious Ventures RAI, L.P. | Fund | 2025 form d first sale | Newly closed | unknown | unknown | $15.0M of $15.0M | Oct 24, 2025 |
| Audacious D II, L.P. | Fund | 2025 form d first sale | Newly closed | unknown | unknown | $2.0M of $2.0M | Jan 14, 2026 |
| Audacious Ventures II, L.P. | Fund | 2023 form d first sale | Active deployment | $75.6M Mar 27, 2024 | 28 | $151M of $151M | May 30, 2025 |
| Audacious Mv I, L.P. | Fund | 2022 form d first sale | Active deployment | $11.0M Mar 27, 2024 | 54 | $11.0M of $11.0M | May 16, 2022 |
| Audacious Ventures, L.P. | Fund | 2020 form d first sale | Mature | $89.3M Mar 27, 2024 | 115 | $88.5M of $88.5M | Sep 30, 2021 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
6 current, 0 departed
Audacious Ventures
OtherPortfolio
Muzzammil Zaveri
PartnerPartner
Nakul Mandan
PartnerFounder & Partner
Nakul Mandan
PartnerManager · since Apr 1, 2020
Jaime Felix
Platform and operationsCFO
Samantha Price
Platform and operationsTalent Partner
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
4 dated events
- Mar 27, 2024Audacious Ventures II, L.P. first reported on Form ADV by Audacious Management Company, LLC (Venture Capital Fund), GAV $75,600,000Fund first reported on Form ADVFundsFactAudacious Ventures II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2023Audacious Mv I, L.P. first reported on Form ADV by Audacious Management Company, LLC (Venture Capital Fund), GAV $11,066,637Fund first reported on Form ADVFundsFactAudacious Mv I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2021Audacious Management Company, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2021Audacious Ventures, L.P. first reported on Form ADV by Audacious Management Company, LLC (Venture Capital Fund), GAV $54,520,897Fund first reported on Form ADVFundsFactAudacious Ventures, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $176M across 6 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $176M across 3 vehicles
Evidence
42 observations from 3 sources