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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Firms / P•••• C•••••• M••••••••• L••
P•••• C•••••• M••••••••• L••
P•••• Capital is an institutional investor focused on investing into venture capital funds led by GPs creating the next generation of companies led by entrepreneurs.
venture manager, reported GAV $154M across 3 vehicles
Importance
19
moderate
Active deployment
33
moderate
Emerging
0
low
Completeness
63
high
Freshness
99
high
Research priority
12
low
Identity and regulatory footprint
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- 182 HOWARD STREET, SUITE 409, San Francisco, CA, 94105adviserinfo.sec.gov
- Business phone
- 510-838-0825adviserinfo.sec.gov
- Website
- h•••••••••
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 31, 2026
- Private funds reported
- 3 (3 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $209Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $225Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 2
- business phone
- 510-838-0825adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 2
Funds and vehicles
3 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| P•••• C•••••• A••••••••• L•• | Fund | 2024 adv first reported | Early deployment | $8.0M Mar 29, 2024 | 4 | $0 of $8.0M | Feb 21, 2024 |
| P•••• C•••••• I•• L••• | Fund | 2020 form d first sale | Mature | $77.9M Mar 29, 2024 | 16 | $91.9M of $96.9M | Feb 27, 2023 |
| P•••• C•••••• I• L••• | Fund | 2018 form d first sale | Harvest | $68.4M Mar 29, 2024 | 20 | $35.1M of $50.0M | Mar 8, 2019 |
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
1 current, 0 departed
L••••••• M•••••• T••••
Managing partnerManaging Member And Chief Compliance Officer · since Jan 1, 2018
Investments on record
2 edges, 2 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| K•••••• | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| C••••••••• | portfolio listing | unknown | unknown | unknown | unknown | Sep 12, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
“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.
Co-investors
10 relationships from shared deals, counted for the whole firm
Alpha Partners Management, LLC 1 shared · one timeRockwood Equity Partners LLC 1 shared · one timeYork Investments Holdings, LLC 1 shared · one timeCota Capital Management, LLC 1 shared · one timeOmega Venture Partners 1 shared · one timeArboretum Ventures 1 shared · one timeOrbiMed 1 shared · one timeSUN Mountain Capital Advisors, LLC 1 shared · one timeNTI Managers, LLC 1 shared · one timeRice Park Capital 1 shared · one time
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
5 dated events
- Sep 16, 2026C••••••••• no longer listed on P•••• C•••••• M••••••••• L••'s portfolio pageRemoved from portfolio pagePortfolioInferenceC•••••••••Venture organization websites (about, team, portfolio, thesis, news pages)
- Mar 12, 2024P•••• C•••••• A••••••••• L•• first reported on Form ADV by P•••• C•••••• M••••••••• L•• (Venture Capital Fund), GAV $8,000,000Fund first reported on Form ADVFundsFactP•••• C•••••• A••••••••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022P•••• C•••••• I•• L••• first reported on Form ADV by P•••• C•••••• M••••••••• L•• (Venture Capital Fund), GAV $70,851,000Fund first reported on Form ADVFundsFactP•••• C•••••• I•• L•••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 28, 2019P•••• C•••••• M••••••••• L•• first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 28, 2019P•••• C•••••• I• L••• first reported on Form ADV by P•••• C•••••• M••••••••• L•• (Venture Capital Fund), GAV $21,542,617Fund first reported on Form ADVFundsFactP•••• C•••••• I• L•••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 15, 2026Institutional venture firm (probable, 80%, cls-1)venture manager, reported GAV $154M across 3 vehicles
- Sep 12, 2026Institutional venture firm (probable, 80%, cls-1)venture manager, reported GAV $76M across 2 vehicles
Evidence
42 observations from 3 sources