Builders Vc, LLC
Institutional venture firm, based in San Francisco, California, reporting $606M of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
15 additional team members, 12 additional investments, funds and LPs, 9 events, 2 verified contacts (1 published business email, 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 (Askari Defense).
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 May 2026 ($10.6M sold on Form D).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
People to know
View all people- Partner, Head of MENAWhy: Partner: part of the investment decisionNo route on file yet
- Director, Strategic PartnershipsWhy: Named with investment responsibilityNo route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
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.
- Sponsor
- Company
- Capital provider
- 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 Builders Vc, 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 Builders Vc, 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 |
|---|---|---|---|---|---|---|---|
| Bowery Valuation | portfolio listing | lead | unknown | unknown | unknown | Sep 30, 2026 | Fact Company website |
| Askari Defense, Inc. | board seat | unknown · board | Mike Rosengarten (strongly supported) | unknown | unknown | Jul 9, 2026 | Inference Form D |
Stated thesis versus observed behaviour
- 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
Team
17 current, 2 departed
Decision makers
- Tarik Sultan · Partner, Head of MENAWhy this person: Partner: part of the investment decision; Named with investment responsibility
- Angelica Maestas · Director, Strategic PartnershipsWhy 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
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.- Managing Member
- Partner, Head of MENA
- Director, Strategic Partnerships
1 departed (kept with end dates)
- Paul Lee · Managing Member · Nov 1, 2016 to Jun 26, 2019 Inference
Contacts
1 published business email, 1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
12 vehicles, 1 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 |
|---|---|---|---|---|---|---|---|
| Rivet Digital Spv I, LP | SPV or co-invest vehicle | 2023 adv first reported | Active deployment | $9.0M Mar 30, 2026 | 2 | $0 | Mar 11, 2022 |
| Rivet Re Spv I, LP | SPV or co-invest vehicle | 2022 adv first reported | Active deployment | $420,415 Mar 30, 2026 | 3 | $0 | Jun 4, 2021 |
| Rivet Health Spv III, LP | SPV or co-invest vehicle | 2022 adv first reported | Active deployment | $111,161 Mar 30, 2026 | 3 | $0 | Dec 23, 2021 |
Limited partners
- 2024-01-302 commitments to 2 funds · $30.0M disclosed
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.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Hawaii Employees' Retirement System | STATE RETIREMENT SYSTEM | Builders VC Fund III, L.P. | $60.0M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
| Los Angeles City Employees' Retirement System | MUNICIPAL RETIREMENT SYSTEM | Builders VC Fund III, L.P. | $20.0M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
| Hawaii Employees' Retirement System | STATE RETIREMENT SYSTEM | Builders Vc Fund II, L.P. | $15.0M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
Relationships across DFX
1 co-investors · on 2 other DFX graphs
Co-investors
- 2026-09-301 shared deal · one time · this firm led 1
Across DFX and the capital chainon 2 other DFX graphs · 13 capital paths ShowHide
- The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Builders Vc, LLC is the same institution as 2 records in Allocators and RIA and Wealth.
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Builders Vc, LLC sits on 13 traced paths of capital across the graphs.
DFX traced 13 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Evidence and history
14 dated events, 75 observations from 3 sources
Timeline
- Mar 30, 2026FCC Capital Builders Sidecar I, L.P. first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund), GAV $6,100,739
- Mar 30, 2026Builders Vc Fund III, L.P. first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund), GAV $54,050,149
- Mar 29, 2023Rivet Digital Spv I, LP first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund), GAV $5,059,583
- Mar 31, 2022Rivet Health Spv III, LP first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund), GAV $8,739,523
- Mar 31, 2022Rivet Re Spv I, LP first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund), GAV $9,907,422
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 12 private fundsShowHide
Website description: Backing founders solving complex, mission-critical problems with tech that transforms legacy systems and reshapes essential industries.
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- BUILDERS.VC
- 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, adviser total
- $606Madviserinfo.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 carried2 on recordShowHide
- Sep 23, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $606M across 12 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $616M across 11 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 30, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 30, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 28, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 30, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 30, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 28, 2024 | Fact | Form ADV |
| First Form ADV filing | 2017-05-24 | Mar 30, 2026 | Fact | Form ADV |
| First Form ADV filing | 2017-05-24 | Mar 28, 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 | 2026-03-30 | Mar 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-30 | Mar 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-28 | Mar 28, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 30, 2026 | Fact | Form ADV |
| SEC status effective | 2017-05-24 | Mar 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 28, 2024 | Fact | Form ADV |
| Business phone | Mar 30, 2026 | Fact | Form ADV | |
| Business phone | Mar 28, 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 | San Francisco, CA | Mar 30, 2026 | Fact | Form ADV |
| Headquarters | San Francisco, CA | Mar 28, 2024 | Fact | Form ADV |
| Office address | Mar 30, 2026 | Fact | Form ADV | |
| Office address | Mar 28, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Mar 30, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 28, 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 | 12 | Mar 30, 2026 | Fact | Form ADV |
| Private funds reported | 12 | Mar 30, 2026 | Fact | Form ADV |
| Private funds reported | 10 | Mar 28, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $606M | Mar 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $606M | Mar 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $616M | Mar 28, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Sep 24, 2026 | Fact | Form ADV |
| Stated geography | global “geography words on the home page” | Sep 30, 2026 | Fact | |
| Stated geography | global “geography words on the home page” | Sep 16, 2026 | Fact | |
| Stated geography | global “geography words on the home page” | Sep 12, 2026 | Fact | |
| Stated sectors | AI, healthcare, biotech, consumer, marketplaces, hardware, robotics, defense, logistics, industrial, agtech, biology “sector words on the home page” | Sep 30, 2026 | Fact | |
| Stated sectors | AI, healthcare, biotech, consumer, marketplaces, hardware, robotics, defense, logistics, industrial, agtech, biology “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | AI, healthcare, biotech, consumer, marketplaces, hardware, robotics, defense, logistics, industrial, agtech, biology “sector words on the home page” | Sep 12, 2026 | Fact | |
| Stated stages | seed “stage words on the home page” | Sep 30, 2026 | Fact | |
| Stated stages | seed “stage words on the home page” | Sep 16, 2026 | Fact | |
| Stated stages | seed “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 | 12 | Mar 30, 2026 | Fact | Form ADV |
| Venture funds reported | 12 | Mar 30, 2026 | Fact | Form ADV |
| Venture funds reported | 10 | Mar 28, 2024 | Fact | Form ADV |
| Website | Mar 30, 2026 | Fact | Form ADV | |
| Website | Mar 28, 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 advisersInstitutional venture firm, confirmedShowHide
Venture manager, reported GAV $606M across 12 vehicles
- importance
- gav: 0.54 · funds: 1 · people: 0.56 · investments: 0.11 · co investors: 0
- active deployment
- investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-07-09
- emerging manager
- fund count: 12 · reported gav: $606M · first adv filing: 2017-05-24 · years since first filing: 9.4
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Adviser's first ADV filing2017-05-24source 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.