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 / Bsip Slp GP, LLC
Bsip Slp GP, LLC
Blue Star Innovation Partners ("BSIP") is a growth equity firm founded and run by founders focused on software and technology businesses.
corporate parent: Century III, Inc.
Importance
47
elevated
Active deployment
33
moderate
Emerging
0
low
Completeness
81
high
Freshness
100
high
Research priority
13
low
Identity and regulatory footprint
- Headquarters
- Frisco, TXadviserinfo.sec.gov
- Office address
- ONE COWBOYS WAY, SUITE 190, Frisco, TX, 75034adviserinfo.sec.gov
- Business phone
- 469-421-8020adviserinfo.sec.gov
- Website
- http://www.bsipgp.com
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Apr 30, 2024
- Private funds reported
- 16 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $860Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $767Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 19
- Owners on Schedule A
- Century III, Inc. (Sole Member), E
- business email
- info@bluestarinnovationpartners.combluestarinnovationpartners.compublished by the subject
- business email
- privacy@bluestarinnovationpartners.combluestarinnovationpartners.compublished by the subject
- business phone
- 469-421-8020adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
- Sectors
- ai, enterprise software, fintech, consumer, b2b
- Stages
- growth
- Geography
- texas, united states
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- growth investor
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 50%Other Technology 50%
lead rate n/afollow-on rate n/anew logos, 12 months 2
Funds and vehicles
12 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Bsip/stay Co-Invest LP | SPV or co-invest vehicle · ADV: Private Equity Fund | 2023 adv first reported | Active deployment | $144M Apr 30, 2024 | 5 | unknown | unknown |
| Bsip/stay (psg) Co-Invest LP | SPV or co-invest vehicle · ADV: Private Equity Fund | 2023 adv first reported | Active deployment | $87.9M Apr 30, 2024 | 2 | unknown | unknown |
| WFL Capital II, LLC | Fund · ADV: Private Equity Fund | 2023 adv first reported | Active deployment | $54.1M Apr 30, 2024 | 14 | unknown | unknown |
| Bsip/sonar Co-Invest LP | SPV or co-invest vehicle · ADV: Private Equity Fund | 2023 adv first reported | Active deployment | $43.9M Apr 30, 2024 | 11 | unknown | unknown |
| WFL Capital, LLC | Fund · ADV: Private Equity Fund | 2023 adv first reported | Active deployment | $26.0M Apr 30, 2024 | 13 | unknown | unknown |
| RWT Capital, LLC | Fund · ADV: Private Equity Fund | 2023 adv first reported | Active deployment | $13.5M Apr 30, 2024 | 7 | unknown | unknown |
| Bsip II Cb Coinvest, LLC | SPV or co-invest vehicle · ADV: Private Equity Fund | 2023 adv first reported | Active deployment | $8.1M Apr 30, 2024 | 8 | unknown | unknown |
| Bsip Coinvest, LLC | SPV or co-invest vehicle · ADV: Private Equity Fund | 2023 adv first reported | Active deployment | $1.9M Apr 30, 2024 | 4 | unknown | unknown |
| Bsip II Em Coinvest, LLC | SPV or co-invest vehicle · ADV: Private Equity Fund | 2023 adv first reported | Active deployment | $1.8M Apr 30, 2024 | 5 | unknown | unknown |
| RWT Capital 2, LLC | Fund · ADV: Private Equity Fund | 2023 adv first reported | Active deployment | $1.5M Apr 30, 2024 | 3 | unknown | unknown |
| Bsip II, L.P. | Fund · ADV: Private Equity Fund | unknown | Unknown | $120M Apr 30, 2024 | 4 | unknown | unknown |
| Blue Star Innovation Partners, L.P. | Fund · ADV: Private Equity Fund | unknown | Unknown | $66.4M Apr 30, 2024 | 3 | unknown | unknown |
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
29 current, 0 departed
Cole Faulkner
AnalystAnalyst
Kayla Bullard
AnalystSenior Analyst
Paxton Anderson
AnalystSenior Analyst
Brendan Devine
AssociateAssociate
Gordon Broadbent
Board or advisorySenior AI Strategy Advisor
John Marquis
Board or advisorySenior Advisor
Jonathan Broadbent
Board or advisorySenior AI Strategy Advisor
Patrick Mizer
Board or advisorySenior Advisor
Daniel Mark Wechsler
Founder or executiveCeo · since Sep 1, 2020
Dan Wechsler
Managing partnerCEO / Managing Partner
Rob Wechsler
Managing partnerFounder / Managing Partner
Cameron Barragan
PartnerPartner
Jeff Gardner
PartnerPartner
John Durrett
PartnerPartner
Robert Wechsler
PartnerSole Member · since May 1, 2018
Andrea Shedd
Platform and operationsExecutive Assistant
Dani Lee
Platform and operationsMarketing Analyst
Dee Raibourn
Platform and operationsChief Compliance Officer
Linsey Gandy
Platform and operationsCFO
Linsey Noelle Gandy
Platform and operationsChief Compliance Officer & Controller · since Jun 1, 2023
Vaughn Dashefsky
Platform and operationsData Analyst
Cody Rader
PrincipalPrincipal
Matt Wappler
PrincipalPrincipal
Mike Shedd
PrincipalDirector, IT
Brenden Hueston
Vice presidentVice President
Matt Peabody
Vice presidentSenior Associate
Matthew Moldawer
Vice presidentVice President
Roylee Sanchez
Vice presidentSenior Vice President
Tyler Hileman
Vice presidentVice President
Investments on record
2 edges, 2 companies, 1 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| CleverDesign | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Worth Ai Inc. | board seat | unknown · board | Robert Wechsler (strongly supported) | unknown | unknown | Apr 8, 2026 | Inference SEC EDGAR Form D data sets (quarterly) |
“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
2 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
15 dated events
- Jun 1, 2023Linsey Noelle Gandy joined Schedule A of Bsip Slp GP, LLC as Chief Compliance Officer & Controller
- Mar 31, 2023Bsip/stay Co-Invest LP first reported on Form ADV by Bsip Slp GP, LLC (Private Equity Fund), GAV $99,370,172Fund first reported on Form ADVFundsFactBsip/stay Co-Invest LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Bsip/sonar Co-Invest LP first reported on Form ADV by Bsip Slp GP, LLC (Private Equity Fund), GAV $35,199,970Fund first reported on Form ADVFundsFactBsip/sonar Co-Invest LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023WFL Capital, LLC first reported on Form ADV by Bsip Slp GP, LLC (Private Equity Fund), GAV $30,987,092Fund first reported on Form ADVFundsFactWFL Capital, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Bsip Coinvest, LLC first reported on Form ADV by Bsip Slp GP, LLC (Private Equity Fund), GAV $1,812,611Fund first reported on Form ADVFundsFactBsip Coinvest, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Bsip/stay (psg) Co-Invest LP first reported on Form ADV by Bsip Slp GP, LLC (Private Equity Fund), GAV $60,899,778Fund first reported on Form ADVFundsFactBsip/stay (psg) Co-Invest LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023RWT Capital, LLC first reported on Form ADV by Bsip Slp GP, LLC (Private Equity Fund), GAV $11,262,385Fund first reported on Form ADVFundsFactRWT Capital, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023RWT Capital 2, LLC first reported on Form ADV by Bsip Slp GP, LLC (Private Equity Fund), GAV $1,230,626Fund first reported on Form ADVFundsFactRWT Capital 2, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Bsip II Cb Coinvest, LLC first reported on Form ADV by Bsip Slp GP, LLC (Private Equity Fund), GAV $6,979,593Fund first reported on Form ADVFundsFactBsip II Cb Coinvest, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Bsip II Em Coinvest, LLC first reported on Form ADV by Bsip Slp GP, LLC (Private Equity Fund), GAV $1,537,541Fund first reported on Form ADVFundsFactBsip II Em Coinvest, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023WFL Capital II, LLC first reported on Form ADV by Bsip Slp GP, LLC (Private Equity Fund), GAV $30,381,529Fund first reported on Form ADVFundsFactWFL Capital II, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2023Bsip II, L.P. first reported on Form ADV by Bsip Slp GP, LLC (Venture Capital Fund), GAV $15,000,000Fund first reported on Form ADVFundsFactBsip II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2023Bsip Slp GP, LLC first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2023Blue Star Innovation Partners, L.P. first reported on Form ADV by Bsip Slp GP, LLC (Venture Capital Fund), GAV $53,292,044Fund first reported on Form ADVFundsFactBlue Star Innovation Partners, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 1, 2020Daniel Mark Wechsler joined Schedule A of Bsip Slp GP, LLC as Ceo
Classification history
- Sep 12, 2026Corporate venture (candidate, 50%, cls-1)corporate parent: Century III, Inc.
Evidence
38 observations from 2 sources
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| SEC adviser type | registered_investment_adviser | Apr 30, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| First Form ADV filing | 2023-03-23 | Apr 30, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Latest Form ADV filing | 2024-04-30 | Apr 30, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Venture share of reported funds | 0 | Apr 30, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Business phone | 469-421-8020 | Apr 30, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Contact page url | https://bluestarinnovationpartners.com/contact/ “contact page linked from the home page” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Description | Blue Star Innovation Partners ("BSIP") is a growth equity firm founded and run by founders focused on software and technology businesses. “meta description” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Description | Blue Star Innovation Partners ("BSIP") is a growth equity firm founded and run by founders focused on software and technology businesses. “meta description” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Employees | 19 | Apr 30, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Headquarters | Frisco, TX | Apr 30, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Office address | ONE COWBOYS WAY, SUITE 190, Frisco, TX, 75034 | Apr 30, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Self-described type | growth_investor “Blue Star Innovation Partners ("BSIP") is a growth equity firm founded and run by founders focused on software and technology businesses.” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Self-described type | growth_investor “Blue Star Innovation Partners ("BSIP") is a growth equity firm founded and run by founders focused on software and technology businesses.” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Portfolio page | https://bluestarinnovationpartners.com/companies/ “1 entries read” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Portfolio page | https://bluestarinnovationpartners.com/companies/ “1 entries read” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Private funds reported | 16 | Apr 30, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Private fund gross assets (reported) | $860M | Apr 30, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Regulatory AUM (adviser, not fund size) | $767M | Apr 30, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Stated geography | texas,united states “geography words on the home page” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated geography | texas,united states “geography words on the home page” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated sectors | ai,enterprise_software,fintech,consumer,b2b “sector words on the home page” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated sectors | ai,enterprise_software,fintech,consumer,b2b “sector words on the home page” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated stages | growth “stage words on the home page” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated stages | growth “stage words on the home page” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Team page | https://bluestarinnovationpartners.com/team/ “26 name/title pairs read” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Team page | https://bluestarinnovationpartners.com/team/ “26 name/title pairs read” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Venture funds reported | 0 | Apr 30, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Website | http://www.bsipgp.com | Apr 30, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Website resolved domain | bluestarinnovationpartners.com “https://bsipgp.com/ redirected to https://bluestarinnovationpartners.com/” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Website resolved domain | bluestarinnovationpartners.com “https://bsipgp.com/ redirected to https://bluestarinnovationpartners.com/” | Sep 14, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Site title | Blue Star Innovation Partners “title tag” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Site title | Blue Star Innovation Partners “title tag” | Sep 12, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |