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 / Builders Vc, LLC

Builders Vc, LLC

Institutional venture firmSan Francisco, CAbuilders.vcSEC venture capital fund adviser

Backing founders solving complex, mission-critical problems with tech that transforms legacy systems and reshapes essential industries.

venture manager, reported GAV $616M across 11 vehicles

Importance
41
elevated
Active deployment
25
moderate
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
11
low
Identity and regulatory footprint
Headquarters
San Francisco, CAadviserinfo.sec.gov
Office address
601 CALIFORNIA STREET, SUITE 700, San Francisco, CA, 94108adviserinfo.sec.gov
Business phone
650-888-4488adviserinfo.sec.gov
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 30, 2026
Private funds reported
12 (12 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$606Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
business email
investments@builders.vcbuilders.vcpublished by the subject
business phone
650-888-4488adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
ai, healthcare, biotech, consumer, marketplaces, hardware, robotics, defense, logistics, industrial, agtech, biology
Stages
seed
Geography
global
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
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
11 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Rivet Digital Spv I, LPSPV or co-invest vehicle2023 adv first reportedActive deployment$9.0M
Mar 28, 2024
2$0Mar 11, 2022
Rivet Re Spv I, LPSPV or co-invest vehicle2022 adv first reportedActive deployment$12.4M
Mar 28, 2024
3$0Jun 4, 2021
Rivet Health Spv III, LPSPV or co-invest vehicle2022 adv first reportedActive deployment$3.9M
Mar 28, 2024
3$0Dec 23, 2021
Builders Vc Fund II (canada), L.P.Fund2021 adv first reportedMature$31.8M
Mar 28, 2024
4unknownunknown
Rivet Health Spv I, L.P.SPV or co-invest vehicle2021 adv first reportedMature$20.5M
Mar 28, 2024
6$0Nov 12, 2020
Builders Vc Fund II, L.P.Fund2020 form d first saleMature$217M
Mar 28, 2024
56$236M
of $250M
Oct 28, 2021
Builders Vc Entrepreneurs Fund II, L.P.Fund2020 form d first saleMature$7.7M
Mar 28, 2024
11$236M
of $250M
Oct 28, 2021
Builders Vc Fund I (canada), L.P.Fund2018 form d first saleHarvest$41.8M
Mar 28, 2024
3$22.5M
of $22.5M
Nov 6, 2018
Builders Vc Entrepreneurs Fund I, L.P.Fund2018 form d first saleHarvest$19.7M
Mar 28, 2024
3$10.0M
of $10.0M
Jun 29, 2018
Builders Vc Fund I, L.P.Fund2016 form d first saleHarvest$253M
Mar 28, 2024
49$116M
of $200M
Jun 29, 2018
Builders VC Fund III, L.P.FundunknownUnknownunknownunknown$0Jan 26, 2024
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
18 current, 1 departed
Fernanda Braz
Director, Portfolio Growth & Expansion (MENA)
Principal
1 departed (kept with end dates)
  • Paul Lee · Managing Member · Nov 1, 2016 to Jun 26, 2019 Inference
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted 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.
Limited partners
3 disclosed
Timeline
12 dated events
  1. Mar 29, 2023
    Rivet Digital Spv I, LP first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund), GAV $5,059,583
  2. Mar 31, 2022
    Rivet Health Spv III, LP first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund), GAV $8,739,523
  3. Mar 31, 2022
    Rivet Re Spv I, LP first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund), GAV $9,907,422
  4. Mar 29, 2021
    Builders Vc Entrepreneurs Fund II, L.P. first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund), GAV $1,250,000
  5. Mar 29, 2021
    Rivet Health Spv I, L.P. first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund), GAV $8,810,000
  6. Mar 29, 2021
    Builders Vc Fund II (canada), L.P. first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund)
  7. Mar 29, 2021
    Builders Vc Fund II, L.P. first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund), GAV $83,800,000
  8. Jun 26, 2019
    Paul Lee (Managing Member) no longer on Schedule A of Builders Vc, LLC
  9. Mar 10, 2019
    Builders Vc Fund I (canada), L.P. first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund), GAV $21,961,201
  10. Mar 10, 2019
    Builders Vc Entrepreneurs Fund I, L.P. first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund), GAV $9,971,378
  11. May 24, 2017
    Builders Vc Fund I, L.P. first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund), GAV $2,737,500
  12. May 24, 2017
    Builders Vc, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
Classification history
  1. Sep 12, 2026
    Institutional venture firm (confirmed, 95%, cls-1)
    venture manager, reported GAV $616M across 11 vehicles
Evidence
53 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedvc_exemption,vc_funds_reportedMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC adviser typeexempt_reporting_adviserMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeexempt_reporting_adviserMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2017-05-24Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2026-03-30Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Latest Form ADV filing2024-03-28Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC statusERA - ActiveMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC status effective2017-05-24Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture share of reported funds1Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone650-888-4488Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Business phone650-888-4488Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Contact page urlhttps://www.builders.vc/contact.html
contact page linked from the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionBacking founders solving complex, mission-critical problems with tech that transforms legacy systems and reshapes essential industries.
meta description
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionBacking founders solving complex, mission-critical problems with tech that transforms legacy systems and reshapes essential industries.
meta description
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
HeadquartersSan Francisco, CAMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
HeadquartersSan Francisco, CAMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address601 CALIFORNIA STREET, SUITE 700, San Francisco, CA, 94108Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Office address601 CALIFORNIA STREET, SUITE 700, San Francisco, CA, 94108Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Legal formLimited Liability CompanyMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Legal formLimited Liability CompanyMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Portfolio pagehttps://www.builders.vc/companies.html
0 entries read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Portfolio pagehttps://www.builders.vc/companies.html
0 entries read
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Private funds reported12Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private funds reported10Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$606MMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private fund gross assets (reported)$616MMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Stated geographyglobal
geography words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyglobal
geography words on the home page
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsai,healthcare,biotech,consumer,marketplaces,hardware,robotics,defense,logistics,industrial,agtech,biology
sector words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsai,healthcare,biotech,consumer,marketplaces,hardware,robotics,defense,logistics,industrial,agtech,biology
sector words on the home page
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated stagesseed
stage words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated stagesseed
stage words on the home page
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://www.builders.vc/people.html
17 name/title pairs read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://www.builders.vc/people.html
18 name/title pairs read
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported12Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture funds reported10Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
WebsiteHTTP://WWW.BUILDERS.VCMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
WebsiteHTTP://WWW.BUILDERS.VCMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site titleBuilders VC - We Help Founders Modernize Antiquated Industries
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleBuilders VC - We Help Founders Modernize Antiquated Industries
title tag
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)