Idea Fund Venture Management, LLC
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.
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 companynew 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.
- 1 companyportfolio 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.
- 1 departurepeople, 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- MemberWhy: Named with investment responsibilityNo route on file yet
- ManagerWhy: Named with investment responsibilityNo route on file yet
- ManagerWhy: Named with investment responsibilityNo 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.
- 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 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
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 |
|---|---|---|---|---|---|---|---|
| Samply, Inc. | board seat | unknown · board | Jonathon Horne (strongly supported) | unknown | unknown | Aug 6, 2026 | Inference Form D |
| Distribution Depot USA, Inc. | Form D equity offering | unknown · board | Jonathon Horne (strongly supported) | $954,041 form d sold | unknown | Jan 27, 2023 | Inference Form D |
Stated thesis versus observed behaviour
- 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
Team
10 current, 1 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.- Manager · 2 deals attributed
- Member
- Manager
1 departed (kept with end dates)
- Srilata Manikand · Analyst · ? to Sep 30, 2026 Inference
Contacts
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
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 |
|---|---|---|---|---|---|---|---|
| Idea Fund of la Crosse II, L.P. | Fund | 2022 form d first sale | Active deployment | $24.0M Mar 26, 2026 | 74 | $31.5M of $31.5M | May 15, 2024 |
| Idea Fund of la Crosse I, L.P. | Fund | unknown | Unknown | $10.6M Mar 26, 2026 | 40 | unknown | unknown |
| Idea Fund of la Crosse Ii-A, L.P. | Feeder or parallel | unknown | Unknown | $4.7M Mar 26, 2026 | 1 | 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
0 co-investors · on 1 other DFX graph
Co-investors
Across DFX and the capital chainon 1 other DFX graph ShowHide
- The same institution is held on RIA and Wealth, matched by identifier. See which records
Idea Fund Venture Management, LLC is the same institution as 1 record in RIA and Wealth.
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
- seen on or beforeSep 30, 2026Srilata Manikand (Analyst) no longer on the team page of Idea Fund Venture Management, LLC
- Mar 26, 2026Idea 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
- Mar 26, 2026Idea 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
- Dec 22, 2022Idea Fund Venture Management, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
- Dec 22, 2022Idea 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
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 26, 2026 · 3 private fundsShowHide
- 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
Classification history
Every classification this record has carried2 on recordShowHide
- Sep 23, 2026Micro VC (confirmed, 95%)Venture manager, reported GAV $39.4M across 3 vehicles
- Sep 12, 2026Micro VC (confirmed, 95%)Venture manager, reported GAV $19.4M across 1 vehicle
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 25, 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 25, 2024 | Fact | Form ADV |
| First Form ADV filing | 2022-12-22 | Mar 26, 2026 | Fact | Form ADV |
| First Form ADV filing | 2022-12-22 | Mar 25, 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 | 2024-03-25 | Mar 25, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 26, 2026 | Fact | Form ADV |
| SEC status effective | 2025-03-25 | 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 25, 2024 | Fact | Form ADV |
| Business phone | Mar 26, 2026 | Fact | Form ADV | |
| Business phone | Mar 25, 2024 | Fact | Form ADV | |
| Contact page url | Sep 30, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Sep 30, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 12, 2026 | Fact | ||
| Headquarters | La Crosse, WI | Mar 26, 2026 | Fact | Form ADV |
| Headquarters | La Crosse, WI | Mar 25, 2024 | Fact | Form ADV |
| Office address | Mar 26, 2026 | Fact | Form ADV | |
| Office address | Mar 25, 2024 | Fact | Form ADV | |
| Self-described type | Venture capital | Sep 30, 2026 | Fact | |
| Self-described type | Venture capital | Sep 16, 2026 | Fact | |
| Self-described type | Venture capital | Sep 12, 2026 | Fact | |
| Legal form | Limited Liability Company | Mar 26, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 25, 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 | 3 | Mar 26, 2026 | Fact | Form ADV |
| Private funds reported | 3 | Mar 26, 2026 | Fact | Form ADV |
| Private funds reported | 1 | Mar 25, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $39.4M | Mar 26, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $39.4M | Mar 26, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $19.4M | Mar 25, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Sep 27, 2026 | Fact | Form ADV |
| Stated geography | Midwest, silicon valley, wisconsin “geography words on the home page” | Sep 30, 2026 | Fact | |
| Stated geography | Midwest, silicon valley, wisconsin “geography words on the home page” | Sep 16, 2026 | Fact | |
| Stated geography | Midwest, silicon valley, wisconsin “geography words on the home page” | Sep 12, 2026 | Fact | |
| Stated sectors | biotech “sector words on the home page” | Sep 30, 2026 | Fact | |
| Stated sectors | biotech “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | biotech “sector words on the home page” | Sep 12, 2026 | Fact | |
| Stated stages | Seed, early “stage words on the home page” | Sep 30, 2026 | Fact | |
| Stated stages | Seed, early “stage words on the home page” | Sep 16, 2026 | Fact | |
| Stated stages | Seed, early “stage words on the home page” | Sep 12, 2026 | Fact | |
| Team page | Sep 30, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 12, 2026 | Fact | ||
| Venture funds reported | 3 | Mar 26, 2026 | Fact | Form ADV |
| Venture funds reported | 3 | Mar 26, 2026 | Fact | Form ADV |
| Venture funds reported | 1 | Mar 25, 2024 | Fact | Form ADV |
| Website | Mar 26, 2026 | Fact | Form ADV | |
| Website | Mar 25, 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 advisersMicro VC, confirmedShowHide
Venture manager, reported GAV $39.4M across 3 vehicles
- importance
- gav: 0.18 · 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
- Adviser's first ADV filing2022-12-22source 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.