Grid Capital Management, LLC logo

Grid Capital Management, LLC

Micro VCSEC venture capital fund adviserRaisingEmerging manager· Winnetka, Illinoisgridcap.com

Grid Capital partners with founders who have earned the right to rearchtect industrial markets

In the firm's own words, from its website.

Reported fund assets
$25.1M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
More
Ask DFX about thisView relationshipsFind contactsInvestments (23)TeamFunds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

6 additional co-investors and affiliates, 20 additional investments, funds and LPs, 1 verified contact (1 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

  1. 1 company
    portfolio raising

    One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 28 Jul 2026 ($10M round).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactPress release wires (PR Newswire, GlobeNewswire)For Co-investors, LPs, lendersInvestments →

Relationship network

34 connected entities

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.

Reading the network
  • Sponsor
  • Company
  • Fund or vehicle

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 Grid Capital 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 Grid Capital Management, LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

23 companies on record, 0 new in 12 months
Investments on record
23 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Acuity · exitedportfolio listingunknownunknownunknownunknownSep 21, 2026Fact Firm website
Ardaportfolio listingunknownunknownunknownunknownSep 21, 2026Fact Firm website
Blackcurrant · exitedportfolio listingunknownunknownunknownunknownSep 21, 2026Fact Firm website
Stated thesis versus observed behaviour
23 observed deals
Stated (the firm’s website)
Sectors
industrial
Stages
pre seed, seed
Geography
chicago, new york
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
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (1)
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

0 current, 0 departed
Investment team
0 current, 0 departed
No named professional yet. People arrive from Form ADV Schedule A (owners, officers, control persons) and the team page.
Contacts
1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

2 vehicles, 0 LPs disclosed
Funds and vehicles
2 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Grid Capital Fund I, LPFundunknownUnknown$17.6M
Sep 12, 2026
69$0
of $25.0M
Jul 26, 2024
Grid Capital Fund I-A, LPFeeder or parallelunknownFundraising$7.5M
Sep 12, 2026
62$0
of $25.0M
Sep 12, 2025
Limited partners
0 LPs, 0 disclosed commitments
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.
Known LPs and allocators
0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

9 co-investors
Co-investors
9 counted from shared deals, for the whole firm

Evidence and history

2 dated events, 39 observations from 3 sources
Timeline
2 dated events
  1. seen on or beforeSep 12, 2026
    Grid Capital Management, LLC: INSTITUTIONAL_VC -> MICRO_VC (venture manager, reported GAV $25.1M across 2 vehicles)
    Classification changedClassificationInferenceno URL
  2. Apr 3, 2026
    Grid Capital Management, LLC appears on the SEC adviser roster (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Apr 3, 2026 · 2 private fundsShow
Headquarters
Winnetka, ILadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
gridcap.com
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
Apr 3, 2026
Private funds reported
2 (2 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$25.1Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Every classification this record has carried2 on recordShow
  1. Sep 13, 2026
    Micro VC (confirmed, 95%)
    Venture manager, reported GAV $25.1M across 2 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 70%)
    Venture manager with no reported fund assets yet (scale unknown)
Evidence
39 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedApr 3, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserApr 3, 2026FactForm ADV
SEC adviser typeExempt reporting adviserApr 3, 2026FactForm ADV
Latest Form ADV filing2026-04-03Apr 3, 2026FactForm ADV
Adv pdf loadedadv-pdf-1Sep 12, 2026FactForm ADV
SEC statusERA - ActiveApr 3, 2026FactForm ADV
SEC status effective2026-04-03Apr 3, 2026FactForm ADV
Business phoneApr 3, 2026FactForm ADV
DescriptionSep 21, 2026Factno URL
HeadquartersWinnetka, ILApr 3, 2026FactForm ADV
Office addressApr 3, 2026FactForm ADV
Legal formLimited Liability CompanyApr 3, 2026FactForm ADV
Portfolio pageSep 21, 2026Factno URL
Private funds reported2Apr 3, 2026FactForm ADV
Private fund gross assets (reported)$25.1MApr 3, 2026FactForm ADV
Stated geographyChicago, new york
“geography words on the home page”
Sep 21, 2026Factno URL
Stated sectorsindustrial
“sector words on the home page”
Sep 21, 2026Factno URL
Stated sectorsLogistics, industrial
“sector words on the home page”
Sep 20, 2026Factno URL
Stated sectorsLogistics, industrial
“sector words on the home page”
Sep 19, 2026Factno URL
Stated sectorsLogistics, industrial
“sector words on the home page”
Sep 18, 2026Factno URL
Stated sectorsLogistics, industrial
“sector words on the home page”
Sep 17, 2026Factno URL
Stated sectorsLogistics, industrial
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsLogistics, industrial
“sector words on the home page”
Sep 12, 2026Factno URL
Stated stagesPre seed, seed
“stage words on the home page”
Sep 20, 2026Factno URL
Stated stagesPre seed, seed
“stage words on the home page”
Sep 19, 2026Factno URL
Stated stagesPre seed, seed
“stage words on the home page”
Sep 18, 2026Factno URL
Stated stagesPre seed, seed
“stage words on the home page”
Sep 17, 2026Factno URL
Stated stagesPre seed, seed
“stage words on the home page”
Sep 16, 2026Factno URL
Stated stagesPre seed, seed
“stage words on the home page”
Sep 12, 2026Factno URL
Team pageSep 21, 2026Factno URL
Venture funds reported2Apr 3, 2026FactForm ADV
WebsiteApr 3, 2026FactForm ADV
Site titleSep 21, 2026Factno URL
Site titleSep 20, 2026Factno URL
Site titleSep 19, 2026Factno URL
Site titleSep 18, 2026Factno URL
Site titleSep 17, 2026Factno URL
Site titleSep 16, 2026Factno URL
Site titleSep 12, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersMicro VC, confirmedShow
Importance
23
moderate
Active deployment
35
elevated
Emerging
94
high
Freshness
94
high
Micro VCSEC exempt reporting adviser

Venture manager, reported GAV $25.1M across 2 vehicles

The inputs behind each score
importance
gav: $0 · funds: 0.17 · people: 0 · investments: 0.51 · co investors: 0.39
active deployment
investments 12m: 0 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 2 · reported gav: $25.1M · first adv filing: 2026-04-03 · years since first filing: 0.5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

2 scored matches, best firstas of
  • score 30.9confidence 100%
    Why: sector fit; geography fit; activity; emerging
  • score 30.9confidence 100%
    Why: sector fit; geography fit; activity; emerging

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

2 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-12
  • Adviser's first ADV filing
    2026-04-03source 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.

Not yet on record: investment team, latest vintage.