Blackhorn Ventures Management II, LLC
Blackhorn partners with determined visionaries unleashing the power of data to reimagine how we build, power, and move our world.
In the firm's own words, from its website.
3 additional investments, funds and LPs, 2 events, 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.
Nothing material in the last 180 days.
People to know
View all people- ManagerWhy: Named with investment responsibilityNo route on file yet
Relationship network
9 connected entities1 observed roundrounds 2021
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 Blackhorn Ventures Management II, 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 Blackhorn Ventures Management II, 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 |
|---|---|---|---|---|---|---|---|
| Agorus, Inc. | Form D equity offering | unknown · board | Melissa Cheong (strongly supported) | $6.1M form d sold | unknown | Mar 1, 2021 | Inference Form D |
Stated thesis versus observed behaviour
- Sectors
- ai, enterprise software, climate, hardware, robotics, defense, data infrastructure, industrial
- Stages
- seed
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
21 current, 0 departed
Decision makers
Who else at this firm · 1 person, grouped by function
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
- Manager, Coo, Cfo
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
6 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 |
|---|---|---|---|---|---|---|---|
| Blackhorn Ventures Special Opportunities Fund-M, LP | Opportunity fund | 2023 form d first sale | Active deployment | $17.7M Mar 31, 2026 | 2 | $20.0M of $20.0M | Jan 2, 2024 |
| Blackhorn Ag Spv, LP | SPV or co-invest vehicle | 2023 form d first sale | Active deployment | $700,878 Mar 28, 2024 | 2 | $1.3M of $1.3M | Jul 3, 2024 |
| Blackhorn Ventures Industrial Impact Fund II, LP | Fund | 2022 form d first sale | Active deployment | $104M Mar 31, 2026 | 48 | $131M of $250M | Sep 30, 2024 |
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
Blackhorn Ventures Management II, 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
7 dated events, 49 observations from 4 sources
Timeline
- seen on or beforeSep 15, 2026Blackhorn Ventures Management II, LLC: MICRO_VC -> MULTI_STAGE_VC (both early and growth/opportunity families, reported GAV $88M)Classification changedClassificationInference
- Mar 30, 2026Blackhorn Ventures Management II, LLC filed the first Form D for Blackhorn Ventures Industrial Impact Fund III, LP (fund 3), its next fund after Blackhorn Ventures Industrial Impact Fund II, LP (vintage 2022); offering $150.0M
- Mar 28, 2024Blackhorn Ag Spv, LP first reported on Form ADV by Blackhorn Ventures Management II, LLC (Venture Capital Fund), GAV $700,878
- Mar 28, 2024Blackhorn Ventures Special Opportunities Fund-M, LP first reported on Form ADV by Blackhorn Ventures Management II, LLC (Venture Capital Fund)
- May 11, 2023Blackhorn Ventrues Industrial Impact Fund II Affiliates, LP first reported on Form ADV by Blackhorn Ventures Management II, LLC (Venture Capital Fund), GAV $11,225,715Fund first reported on Form ADVFundsFactBlackhorn Ventrues Industrial Impact Fund II Affiliates, LPForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 3 private fundsShowHide
- Headquarters
- Denver, COadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- BLACKHORNVC.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 31, 2026
- Private funds reported
- 3 (3 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $133Madviserinfo.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 carried4 on recordShowHide
- Sep 23, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $134M
- Sep 15, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $88M
- Sep 12, 2026Micro VC (confirmed, 95%)Venture manager, reported GAV $12.2M across 5 vehicles
- Sep 12, 2026Micro VC (confirmed, 95%)Venture manager, reported GAV $12.2M across 3 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 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 28, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 28, 2024 | Fact | Form ADV |
| First Form ADV filing | 2023-05-11 | Mar 31, 2026 | Fact | Form ADV |
| First Form ADV filing | 2023-05-11 | Mar 28, 2024 | 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 | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-28 | Mar 28, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 31, 2026 | Fact | Form ADV |
| SEC status effective | 2023-05-11 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 28, 2024 | Fact | Form ADV |
| Business phone | Mar 31, 2026 | Fact | Form ADV | |
| Business phone | Mar 28, 2024 | Fact | Form ADV | |
| Description | Sep 12, 2026 | Fact | ||
| Headquarters | Denver, CO | Mar 31, 2026 | Fact | Form ADV |
| Headquarters | Denver, CO | Mar 28, 2024 | Fact | Form ADV |
| Office address | Mar 31, 2026 | Fact | Form ADV | |
| Office address | Mar 28, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Mar 31, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 28, 2024 | Fact | Form ADV |
| Portfolio page | Sep 12, 2026 | Fact | ||
| Private funds reported | 3 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 3 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 4 | Mar 28, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $133M | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $133M | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $87.8M | Mar 28, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 31, 2026 | Fact | Form ADV |
| Stated sectors | AI, enterprise software, climate, hardware, robotics, defense, data infrastructure, industrial “sector words on the home page” | Sep 12, 2026 | Fact | |
| Stated stages | seed “stage words on the home page” | Sep 12, 2026 | Fact | |
| Team page | Sep 12, 2026 | Fact | ||
| Venture funds reported | 3 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 3 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 4 | Mar 28, 2024 | Fact | Form ADV |
| Website | Mar 28, 2024 | Fact | Form ADV | |
| Site title | Sep 12, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmed · 2 filing advisers share this firmShowHide
Both early and growth/opportunity families, reported GAV $134M
One of 2 advisers that share blackhornvc.com; the firm is Blackhorn Ventures. Blackhorn Ventures Management, LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
- importance
- gav: 0.34 · funds: 0.5 · people: 0.08 · investments: 0 · co investors: 0
- active deployment
- investments 12m: 0 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
- emerging manager
- fund count: 6 · reported gav: $133M · first adv filing: 2023-05-11 · years since first filing: 3.4
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Fits
- score 34confidence 90%Why: sector fit; geography fit; activity
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
- Organization classification changed2026-09-15
- Grouped with firm2026-09-12
- Adviser's first ADV filing2023-05-11source 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.