Idea Fund Venture Management, LLC logo

Idea Fund Venture Management, LLC

Micro VCSEC venture capital fund adviser· La Crosse, Wisconsinideafundvc.com

We know great ideas are not limited to Silicon Valley. That’s why the Idea Fund of La Crosse invests venture capital funding in seed- and early-stage startup businesses across the state.

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

Reported fund assets
$39.4M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
1
Investment team
9
Latest vintage
2022
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (2)Team (10)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

7 additional team members, 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
    new in 12 months

    1 new company in the last 12 months. Took 1 board seat on new Form D filings in 90 days (Samply).

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  2. 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 20 Jul 2026 ($3.33M sold on Form D).

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

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →
  3. 1 departure
    people, 12 months

    A team member departed (seen on or before 30 Sep 2026, the day it happened is not on record).

    A partner leaving or arriving changes who decides, and who a founder or LP should call.

    InferenceVenture organization websites (about, team, portfolio, thesis, news pages)For Founders, LPs, recruitersTeam →

People to know

View all people
  • August Weber
    Member
    Why: Named with investment responsibility
    No route on file yet
  • Donald Weber
    Manager
    Why: Named with investment responsibility
    No route on file yet
  • Jonathon Horne
    Manager
    Why: Named with investment responsibility
    No route on file yet

Relationship network

15 connected entities1 observed roundrounds 2023

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
  • Company
  • Fund or vehicle
  • Person

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 Idea Fund 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 Idea Fund Venture Management, LLC

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

Investing

2 companies on record, 1 new in 12 months
Investments on record
2 companies, 2 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Samply, Inc.board seatunknown · boardJonathon Horne (strongly supported)unknownunknownAug 6, 2026Inference Form D
Distribution Depot USA, Inc.Form D equity offeringunknown · boardJonathon Horne (strongly supported)$954,041
form d sold
unknownJan 27, 2023Inference Form D
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
Sectors
biotech
Stages
seed, early
Geography
midwest, silicon valley, wisconsin
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
Other 50%Other Technology 50%
lead rate no observed dealsfollow-on rate 0%new companies, 12 months 1

Team

10 current, 1 departed
Decision makers
who to call first, and why; then everyone else by function
  • August Weber · Member
    Why this person: Named with investment responsibility
  • Donald Weber · Manager
    Why this person: Named with investment responsibility
  • Jonathon Horne · Manager
    Why this person: Named with investment responsibility

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
10 current, 1 departed
1 departed (kept with end dates)
Contacts
1 firm phone

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

Funds and LPs

3 vehicles, 0 LPs disclosed
Funds and vehicles
3 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Idea Fund of la Crosse II, L.P.Fund2022 form d first saleActive deployment$24.0M
Mar 26, 2026
74$31.5M
of $31.5M
May 15, 2024
Idea Fund of la Crosse I, L.P.FundunknownUnknown$10.6M
Mar 26, 2026
40unknownunknown
Idea Fund of la Crosse Ii-A, L.P.Feeder or parallelunknownUnknown$4.7M
Mar 26, 2026
1unknownunknown
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

0 co-investors · on 1 other DFX graph
Co-investors
0 counted from shared deals, 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.
Across DFX and the capital chainon 1 other DFX graph Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

Idea Fund Venture Management, LLC is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Evidence and history

5 dated events, 71 observations from 3 sources
Timeline
5 dated events
  1. seen on or beforeSep 30, 2026
    Srilata Manikand (Analyst) no longer on the team page of Idea Fund Venture Management, LLC
    Person leftPeopleInferenceSrilata ManikandFirm website
  2. Mar 26, 2026
    Idea Fund of la Crosse I, L.P. first reported on Form ADV by Idea Fund Venture Management, LLC (Venture Capital Fund), GAV $10,613,102
    Fund first reported on Form ADVFundsInferenceIdea Fund of la Crosse I, L.P.Form ADV
  3. Mar 26, 2026
    Idea Fund of la Crosse Ii-A, L.P. first reported on Form ADV by Idea Fund Venture Management, LLC (Venture Capital Fund), GAV $4,715,231
    Fund first reported on Form ADVFundsInferenceIdea Fund of la Crosse Ii-A, L.P.Form ADV
  4. Dec 22, 2022
    Idea Fund Venture Management, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactForm ADV
  5. Dec 22, 2022
    Idea Fund of la Crosse II, L.P. first reported on Form ADV by Idea Fund Venture Management, LLC (Venture Capital Fund), GAV $20,300,000
    Fund first reported on Form ADVFundsFactIdea Fund of la Crosse II, L.P.Form ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 26, 2026 · 3 private fundsShow
Headquarters
La Crosse, WIadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
ideafundvc.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
Mar 26, 2026
Private funds reported
3 (3 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$39.4Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Weber Family Investments, LLC (Manager), owns 50% to 75%
Classification history
Every classification this record has carried2 on recordShow
  1. Sep 23, 2026
    Micro VC (confirmed, 95%)
    Venture manager, reported GAV $39.4M across 3 vehicles
  2. Sep 12, 2026
    Micro VC (confirmed, 95%)
    Venture manager, reported GAV $19.4M across 1 vehicle
Evidence
71 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 26, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 26, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 25, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 26, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 26, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 25, 2024FactForm ADV
First Form ADV filing2022-12-22Mar 26, 2026FactForm ADV
First Form ADV filing2022-12-22Mar 25, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-26Mar 26, 2026FactForm ADV
Latest Form ADV filing2026-03-26Mar 26, 2026FactForm ADV
Latest Form ADV filing2024-03-25Mar 25, 2024FactForm ADV
SEC statusERA - ActiveMar 26, 2026FactForm ADV
SEC status effective2025-03-25Mar 26, 2026FactForm ADV
Venture share of reported funds1Mar 26, 2026FactForm ADV
Venture share of reported funds1Mar 25, 2024FactForm ADV
Business phoneMar 26, 2026FactForm ADV
Business phoneMar 25, 2024FactForm ADV
Contact page urlSep 30, 2026Factno URL
Contact page urlSep 16, 2026Factno URL
DescriptionSep 30, 2026Factno URL
DescriptionSep 16, 2026Factno URL
DescriptionSep 12, 2026Factno URL
HeadquartersLa Crosse, WIMar 26, 2026FactForm ADV
HeadquartersLa Crosse, WIMar 25, 2024FactForm ADV
Office addressMar 26, 2026FactForm ADV
Office addressMar 25, 2024FactForm ADV
Self-described typeVenture capitalSep 30, 2026Factno URL
Self-described typeVenture capitalSep 16, 2026Factno URL
Self-described typeVenture capitalSep 12, 2026Factno URL
Legal formLimited Liability CompanyMar 26, 2026FactForm ADV
Legal formLimited Liability CompanyMar 25, 2024FactForm ADV
Portfolio pageSep 30, 2026Factno URL
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 12, 2026Factno URL
Private funds reported3Mar 26, 2026FactForm ADV
Private funds reported3Mar 26, 2026FactForm ADV
Private funds reported1Mar 25, 2024FactForm ADV
Private fund gross assets (reported)$39.4MMar 26, 2026FactForm ADV
Private fund gross assets (reported)$39.4MMar 26, 2026FactForm ADV
Private fund gross assets (reported)$19.4MMar 25, 2024FactForm ADV
Schedule a diffsadiff-1Sep 27, 2026FactForm ADV
Stated geographyMidwest, silicon valley, wisconsin
“geography words on the home page”
Sep 30, 2026Factno URL
Stated geographyMidwest, silicon valley, wisconsin
“geography words on the home page”
Sep 16, 2026Factno URL
Stated geographyMidwest, silicon valley, wisconsin
“geography words on the home page”
Sep 12, 2026Factno URL
Stated sectorsbiotech
“sector words on the home page”
Sep 30, 2026Factno URL
Stated sectorsbiotech
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsbiotech
“sector words on the home page”
Sep 12, 2026Factno URL
Stated stagesSeed, early
“stage words on the home page”
Sep 30, 2026Factno URL
Stated stagesSeed, early
“stage words on the home page”
Sep 16, 2026Factno URL
Stated stagesSeed, early
“stage words on the home page”
Sep 12, 2026Factno URL
Team pageSep 30, 2026Factno URL
Team pageSep 16, 2026Factno URL
Team pageSep 12, 2026Factno URL
Venture funds reported3Mar 26, 2026FactForm ADV
Venture funds reported3Mar 26, 2026FactForm ADV
Venture funds reported1Mar 25, 2024FactForm ADV
WebsiteMar 26, 2026FactForm ADV
WebsiteMar 25, 2024FactForm ADV
Site titleSep 30, 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
18
moderate
Active deployment
4
low
Emerging
53
elevated
Freshness
100
high
Micro VCSEC exempt reporting adviser

Venture manager, reported GAV $39.4M across 3 vehicles

The inputs behind each score
importance
gav: $0 · funds: 0.25 · people: 0.4 · investments: 0.11 · co investors: 0
active deployment
investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: 2026-08-06
emerging manager
fund count: 3 · reported gav: $39.4M · first adv filing: 2022-12-22 · years since first filing: 3.8

Fits, record history and connections

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

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2022-12-22source 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.