DFX Intelligence
Venture Capital Intelligence
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 / Frazier Group Management, LLC
Frazier Group Management, LLC
Frazier VC is an early-stage venture fund supporting Seed and Series A founders, with a portfolio spanning SaaS, fintech, healthcare, and more.
venture manager, reported GAV $91M across 4 vehicles
Importance
22
moderate
Active deployment
0
low
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
3
low
Identity and regulatory footprint
- Headquarters
- Lehi, UTadviserinfo.sec.gov
- Office address
- 3333 N. DIGITAL DRIVE, SUITE 430, Lehi, UT, 84043-6695adviserinfo.sec.gov
- Business phone
- 801-404-4492adviserinfo.sec.gov
- Website
- https://www.frazier.group/
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- private fund adviseradviserinfo.sec.gov
- Latest Form ADV
- Mar 4, 2026
- Private funds reported
- 3 (3 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $110Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- The Frazier Irrevocable Trust (Manager Of Apple Tree Capital, Llc), E; Apple Tree Capital, LLC (Managing Member Of Frazier Fund Iii Gp, Llc), E
- business phone
- 801-404-4492adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- ai, healthcare
- Stages
- seed, series a
- Geography
- utah
- 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
4 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Frazier Fund III, LP | Fund | 2020 form d first sale | Mature | $40.0M Nov 21, 2024 | 57 | $30.6M | Jun 4, 2020 |
| Frazier Fund '23, LP | Fund | unknown | Unknown | $26.0M Nov 21, 2024 | 45 | $0 | Mar 8, 2023 |
| Frazier Fund '24, LP | Fund | unknown | Unknown | $25.0M Nov 21, 2024 | 54 | $0 | Aug 28, 2024 |
| Frazier Fund '25, LP | Fund | unknown | Fundraising | unknown | unknown | $0 | Sep 30, 2025 |
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
14 current, 0 departed
Louise Frazier
AssociateAssociate
Michael R Cahill
Board or advisoryTrustee Of The Frazier Irrevocable Trust · since Jul 1, 2017
David Allen Frazier
General partnerMember Of Frazier Fund Iii Gp, Llc · since May 1, 2020
Kendall Frazier
General partnerMember Of Frazier Fund Iii Gp, Llc · since May 1, 2020
Liviu Gheciu
General partnerMember Of Frazier Fund Iii Gp, Llc · since May 1, 2020
David Frazier
Managing partnerManaging Partner
Scott Frazier
Managing partnerManaging Partner
Scott White Frazier
Managing partnerManaging Member Of Frazier Fund '23 Gp, Llc · since Mar 1, 2023
Kendall Frazier
PartnerPartner
Liv Gheciu
PartnerPartner
Platform and operations
Colter Conway
Platform and operationsCfo Of Frazier Group Management, Llc · since Jul 1, 2020
Julie Penner
Venture partnerVenture Partner
Ray Smithson
Venture partnerVenture Partner
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
0 disclosed
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.
Timeline
4 dated events
- Nov 21, 2024Frazier Group Management, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Nov 21, 2024Frazier Fund '23, LP first reported on Form ADV by Frazier Group Management, LLC (Venture Capital Fund), GAV $26,000,000Fund first reported on Form ADVFundsFactFrazier Fund '23, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Nov 21, 2024Frazier Fund III, LP first reported on Form ADV by Frazier Group Management, LLC (Venture Capital Fund), GAV $40,000,000Fund first reported on Form ADVFundsFactFrazier Fund III, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Nov 21, 2024Frazier Fund '24, LP first reported on Form ADV by Frazier Group Management, LLC (Venture Capital Fund), GAV $25,000,000Fund first reported on Form ADVFundsFactFrazier Fund '24, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (probable, 80%, cls-1)venture manager, reported GAV $91M across 4 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $91M across 3 vehicles
Evidence
45 observations from 3 sources