Surface Venture Management, LLC
Institutional venture firm, based in New York, New York, reporting $175M of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
1 additional co-investor or affiliate, 3 additional investments, funds and LPs, 1 event, 2 verified contacts (2 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 2 companiesnew in 12 months
2 new companies in the last 12 months. Latest round BotGauge AI round ($2M round, led) on 10 Feb 2026.
A firm writing cheques this quarter is one a founder can pitch now.
- 1 companyportfolio raising
One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 24 Jun 2026 ($7.45M sold on Form D).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
People to know
View all people- Managing MemberWhy: Named with investment responsibilityNo route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
Relationship network
15 connected entities3 observed rounds1 repeat counterparty1 dated round shown here, 2026
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Company
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people 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.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to Surface Venture Management, LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to Surface Venture Management, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
4 companies on record, 2 new in 12 months
Investments on record
What these amounts mean“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.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Focal Point Procurement Solutions, Inc. | board seat | unknown · board | Gyan Kapur (strongly supported) | unknown | unknown | Jun 30, 2026 | Inference Form D |
| BotGauge AI INC. | Funding round | lead | unknown | $2.0M | unknown | Feb 10, 2026 | Fact Press release |
| Phidata Inc. | board seat | unknown · board | Gyan Kapur (strongly supported) | unknown | unknown | Aug 29, 2024 | Inference Form D |
Stated thesis versus observed behaviour
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
2 current, 0 departed
Decision makers
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. 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.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Managing Member · 2 deals attributed
- Managing Member · 2 deals attributed
Contacts
2 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
5 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV 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.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Surface Ventures III, L.P. | Fund | 2023 adv first reported | Active deployment | $48.7M Mar 26, 2026 | 2 | unknown | unknown |
| Surface Ventures Breakout Fund I, L.P. | Fund | 2023 adv first reported | Active deployment | $31.1M Mar 26, 2026 | 2 | unknown | unknown |
| Surface Ventures Seed III LP | Seed fund | unknown | Unknown | $49.4M Mar 26, 2026 | 3 | unknown | unknown |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.Relationships across DFX
4 co-investors
Co-investors
- 2026-10-011 shared deal · one time
- 2026-06-301 shared deal · one time
- 2026-02-101 shared deal · one time · this firm led 1
Evidence and history
6 dated events, 57 observations from 4 sources
Timeline
- Mar 26, 2026Surface Ventures Seed III LP first reported on Form ADV by Surface Venture Management, LLC (Venture Capital Fund), GAV $49,431,425
- Mar 22, 2023Surface Ventures III, L.P. first reported on Form ADV by RTP Seed Management, LLC (Venture Capital Fund), GAV $48,004,500
- Mar 22, 2023Surface Ventures Breakout Fund I, L.P. first reported on Form ADV by RTP Seed Management, LLC (Venture Capital Fund), GAV $32,398,145
- Dec 4, 2020RTP Seed Management, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
- Dec 4, 2020RTP Seed Ventures II, LP first reported on Form ADV by RTP Seed Management, LLC (Venture Capital Fund), GAV $29,143,125
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 26, 2026 · 5 private fundsShowHide
- Headquarters
- New York, NYadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- surface.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 26, 2026
- Private funds reported
- 5 (5 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $175Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Classification history
Every classification this record has carried2 on recordShowHide
- Sep 23, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $175M across 5 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $119M across 4 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Mar 26, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 26, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 29, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 26, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 26, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 29, 2024 | Fact | Form ADV |
| First Form ADV filing | 2020-12-04 | Mar 26, 2026 | Fact | Form ADV |
| First Form ADV filing | 2020-12-04 | Mar 29, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-26 | Mar 26, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-26 | Mar 26, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-29 | Mar 29, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 26, 2026 | Fact | Form ADV |
| SEC status effective | 2020-12-04 | Mar 26, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 26, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 29, 2024 | Fact | Form ADV |
| Business phone | Mar 26, 2026 | Fact | Form ADV | |
| Business phone | Mar 29, 2024 | Fact | Form ADV | |
| Contact page url | Sep 30, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Headquarters | New York, NY | Mar 29, 2024 | Fact | Form ADV |
| Office address | Mar 29, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Mar 26, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 29, 2024 | Fact | Form ADV |
| Portfolio page | Sep 30, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 12, 2026 | Fact | ||
| Private funds reported | 5 | Mar 26, 2026 | Fact | Form ADV |
| Private funds reported | 5 | Mar 26, 2026 | Fact | Form ADV |
| Private funds reported | 4 | Mar 29, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $175M | Mar 26, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $175M | Mar 26, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $119M | Mar 29, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Sep 26, 2026 | Fact | Form ADV |
| Team page | Sep 30, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 12, 2026 | Fact | ||
| Venture funds reported | 5 | Mar 26, 2026 | Fact | Form ADV |
| Venture funds reported | 5 | Mar 26, 2026 | Fact | Form ADV |
| Venture funds reported | 4 | Mar 29, 2024 | Fact | Form ADV |
| Website | Sep 12, 2026 | Fact | Form ADV | |
| Website | Mar 26, 2026 | Fact | Form ADV | |
| Website | Mar 29, 2024 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 12, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShowHide
Venture manager, reported GAV $175M across 5 vehicles
- importance
- gav: 0.38 · funds: 0.42 · people: 0.08 · investments: 0.26 · co investors: 0.24
- active deployment
- investments 12m: 0.25 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-06-30
- emerging manager
- fund count: 5 · reported gav: $175M · first adv filing: 2020-12-04 · years since first filing: 5.8
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Fits
- score 52.9confidence 100%Why: sector fit; geography fit; activity; analogousWatch: adjacent portfolio
- score 52.9confidence 100%Why: sector fit; geography fit; activity; analogousWatch: adjacent portfolio
- score 42.9confidence 90%Why: sector fit; activity; analogousWatch: adjacent portfolio
+59 more scored matches
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.
Record history
- Merged in2026-09-14
- Adviser's first ADV filing2020-12-04source 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.