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 / Cutting Horse Ventures Management LLC
Cutting Horse Ventures Management LLC
Partner with operator-led growth equity to scale consumer brands. We offer strategic capital and guidance for founders building lasting, high-growth businesses.
venture manager, reported GAV $66M across 2 vehicles
Importance
23
moderate
Active deployment
30
moderate
Emerging
82
high
Completeness
63
high
Freshness
100
high
Research priority
32
moderate
Identity and regulatory footprint
- Headquarters
- unknown
- Office address
- unknown
- Business phone
- 771-200-2082adviserinfo.sec.gov
- Website
- https://cuttinghorse.vc/
- 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 30, 2026
- Private funds reported
- 2 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $66.3Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- info@cuttinghorse.comcuttinghorse.compublished by the subject
- business phone
- 771-200-2082adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
13 observed deals
Stated (the firm’s website)
- Sectors
- enterprise software, consumer, climate
- Stages
- seed, series a, growth, early
- Geography
- not stated
- Check size
- $1.0M to $10.0M stated by the firm
- Self-described
- venture capital
“We make minority growth investments of $1–10 million into consumer product and service businesses generating $1–20 million in revenue, backing exceptional founders building high-growth, capital-efficient companies designed to endure.”
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 85%Retailing 8%Other Technology 8%
lead rate n/afollow-on rate n/anew logos, 12 months 13
Funds and vehicles
2 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| CHVC Fund I LP | Fund | unknown | Unknown | $62.6M Sep 12, 2026 | 80 | $0 of $50.0M | Feb 25, 2025 |
| Chvc Spv Pf LP | SPV or co-invest vehicle | unknown | Unknown | $3.7M Sep 12, 2026 | 14 | $0 of $3.6M | Oct 2, 2024 |
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
9 current, 0 departed
Michael Carter Wystrach
General partnerMember / Manager Of Chvc Fund I Gp Llc · since Sep 1, 2024
Chris Protasewich
Managing partnerFounder & Managing Partner | LinkedIn
Michael Wystrach
Managing partnerFounder & Managing Partner | LinkedIn
Ed Finn
Operating partnerOperating Partner | LinkedIn
Nate Champion
Operating partnerOperating Partner | LinkedIn
Christopher Protasewich
PartnerMember / Manager Of Chvc · since Sep 1, 2024
Jason King
Platform and operationsChief Financial Officer | LinkedIn
Henry West
Vice presidentVice President | LinkedIn
Jimmy Shen
Vice presidentVice President | LinkedIn
Investments on record
13 edges, 13 companies, 0 partner-attributed
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
6 relationships from shared deals, counted for the whole firm
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
1 dated events
- Mar 28, 2025Cutting Horse Ventures Management LLC appears on the SEC adviser roster (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Classification history
- Sep 13, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $66M across 2 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 70%, cls-1)venture manager with no reported fund assets yet (scale unknown)
Evidence
34 observations from 3 sources
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | vc_exemption,vc_funds_reported | Mar 30, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| SEC exemption claimed | venture_capital_fund_adviser | Mar 30, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| SEC adviser type | exempt_reporting_adviser | Mar 30, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Latest Form ADV filing | 2026-03-30 | Mar 30, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Adv pdf loaded | adv-pdf-1 | Sep 12, 2026 | Fact | IAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A) |
| SEC status | ERA - Active | Mar 30, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| SEC status effective | 2025-03-28 | Mar 30, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Business phone | 771-200-2082 | Mar 30, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Contact page url | https://www.cuttinghorse.com/contact “contact page linked from the home page” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Description | Partner with operator-led growth equity to scale consumer brands. We offer strategic capital and guidance for founders building lasting, high-growth businesses. “meta description” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Description | Partner with operator-led growth equity to scale consumer brands. We offer strategic capital and guidance for founders building lasting, high-growth businesses. “meta description” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Self-described type | venture_capital “Our emerging growth equity investment style sits between bootstrapping (sustainable & slow) and venture capital (high-growth & high-risk), leveraging the merits of each” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Self-described type | venture_capital “Our emerging growth equity investment style sits between bootstrapping (sustainable & slow) and venture capital (high-growth & high-risk), leveraging the merits of each” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Legal form | Limited Liability Company | Mar 30, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Portfolio page | https://www.cuttinghorse.com/portfolio “13 entries read” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Portfolio page | https://www.cuttinghorse.com/portfolio “13 entries read” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Private funds reported | 2 | Mar 30, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Private fund gross assets (reported) | $66.3M | Mar 30, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Stated check (high) | $10.0M “We make minority growth investments of $1–10 million into consumer product and service businesses generating $1–20 million in revenue, backing exceptional founders building high-growth, capital-effici” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated check (high) | $10.0M “We make minority growth investments of $1–10 million into consumer product and service businesses generating $1–20 million in revenue, backing exceptional founders building high-growth, capital-effici” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated check (low) | $1.0M “We make minority growth investments of $1–10 million into consumer product and service businesses generating $1–20 million in revenue, backing exceptional founders building high-growth, capital-effici” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated check (low) | $1.0M “We make minority growth investments of $1–10 million into consumer product and service businesses generating $1–20 million in revenue, backing exceptional founders building high-growth, capital-effici” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated sectors | enterprise_software,consumer,climate “sector words on the home page” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated sectors | enterprise_software,consumer,climate “sector words on the home page” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated stages | seed,series_a,growth,early “stage words on the home page” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated stages | seed,series_a,growth,early “stage words on the home page” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Team page | https://www.cuttinghorse.com/team “7 name/title pairs read” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Team page | https://www.cuttinghorse.com/team “7 name/title pairs read” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Venture funds reported | 2 | Mar 30, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Website | https://cuttinghorse.vc/ | Mar 30, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Website resolved domain | cuttinghorse.com “https://cuttinghorse.vc/ redirected to https://www.cuttinghorse.com/” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Website resolved domain | cuttinghorse.com “https://cuttinghorse.vc/ redirected to https://cuttinghorse.com/” | Sep 14, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Site title | Cutting Horse | Growth Capital for Enduring Brands “title tag” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Site title | Cutting Horse | Growth Capital for Enduring Brands “title tag” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |