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 / Indo US Capital, LLC
Indo US Capital, LLC
Institutional venture firmOakland, CAnea.comSEC venture capital fund adviserone firm, 2 filing advisers
This firm files as 2 advisers on nea.com: NEW Enterprise Associates. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
Foundational partners to ambitious founders at every stage of company-building.
venture manager with no reported fund assets yet (scale unknown)
Importance
28
moderate
Active deployment
30
moderate
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
12
low
Identity and regulatory footprint
- Headquarters
- Oakland, CAadviserinfo.sec.gov
- Office address
- 1955 MOUNTAIN BL #109, Oakland, CA, 94611adviserinfo.sec.gov
- Business phone
- 510-597-8090adviserinfo.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
- Apr 1, 2024
- Private funds reported
- 1 (1 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $14.7Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- bd@nea.comnea.compublished by the subject
- business email
- esunkin@nea.comnea.compublished by the subject
- business email
- lprelations@nea.comnea.compublished by the subject
- business phone
- 510-597-8090adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
36 observed deals
Stated (the firm’s website)
- Sectors
- ai, enterprise software, healthcare, consumer, media
- Stages
- seed, series a, series b
- Geography
- europe
- 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
unknown 92%Other Technology 6%Biotechnology 3%
lead rate n/afollow-on rate n/anew logos, 12 months 35
Funds and vehicles
0 reported
No vehicle on record yet. A fund arrives from Form ADV Schedule D 7.B.(1) or a Form D filing.
Investment team
49 current, 0 departed
Alexa Grabelle
AssociateAssociate
Elie de Fressenel
AssociateAssociate
Kevin Deng
AssociateAssociate
Neehaar Gandhi
AssociateAssociate
Perry Wallack
AssociateAssociate
Ryan Psik
AssociateAssociate
Thomas Joshi
AssociateAssociate
Mohamad Makhzoumi
Founder or executiveCo-CEO
Tony Florence
Founder or executiveCo-CEO
Vinod Kumar Dham
Managing partnerManaging Member · since Jun 1, 2006
Aaron Jacobson
PartnerPartner
Alex Sharata
PartnerPartner
ALI Behbahani
PartnerPartner, Co-Head of Healthcare
Andrew Schoen
PartnerPartner
Arjun Jain
PartnerPartner
Blake Wu
PartnerPartner
Carmen Chang
PartnerSpecial Partner
Danielle Lay
PartnerPartner
Edward Mathers
PartnerPartner
Forest Baskett
PartnerSpecial Partner
Lila Tretikov
PartnerPartner, Head of AI Strategy
Luke Pappas
PartnerPartner
Mustafa Neemuchwala
PartnerPartner
Patrick Kerins
PartnerSpecial Partner
Paul Walker
PartnerPartner, Co-Head of Healthcare
Philip Chopin
PartnerManaging Director, Head of Europe
Rick Yang
PartnerPartner, Head of Technology
Scott Gottlieb
PartnerPartner
Scott Sandell
PartnerExecutive Chairman & Chief Investment Officer
Tiffany Luck
PartnerPartner
Ayush Goradia
PrincipalPrincipal
Hui Cheng
PrincipalPrincipal
Hunter Worland
PrincipalPrincipal
James Buxton
PrincipalPrincipal
James Kaplan
PrincipalPrincipal
Lulu Xu
PrincipalPrincipal
Mason Murray
PrincipalPrincipal
Michael Li
PrincipalPrincipal
Tiffany Le
PrincipalPrincipal
Brooke Seawell
Venture partnerVenture Partner
Claudia Fan Munce
Venture partnerVenture Advisor
Greg Papadopoulos
Venture partnerVenture Partner
Hilarie Koplow-McAdams
Venture partnerVenture Partner
Jeff Immelt
Venture partnerVenture Partner
Kavita Patel
Venture partnerVenture Advisor
Madison Faulkner
Venture partnerVenture Advisor
Mark Hawkins
Venture partnerVenture Partner
Michele Park
Venture partnerVenture Partner
Danielle Ezratty
Vice presidentSenior Associate
Investments on record
36 edges, 36 companies, 1 partner-attributed
“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
40 relationships from shared deals, counted for the whole firm
Ascension Ventures 2 shared · recurringPruven Management Company, LLC 2 shared · recurringCausation Ventures, L.L.C. 2 shared · recurringAlkeon Capital Management, LLC 2 shared · recurringMastry 2 shared · recurringMantis Capital Management, LLC 2 shared · recurringInstitutional Venture 2 shared · recurringValor Growth Management LLC 2 shared · recurringAlpha Partners Management, LLC 2 shared · recurringKhosla Ventures, LLC 2 shared · recurringManhattan West Asset Management, LLC 2 shared · recurringRocketship.vc, LLC 1 shared · one timeLorient Capital Management, LLC 1 shared · one timeFactorial Funds Management LLC 1 shared · one timeDeepwater Asset Management, LLC 1 shared · one timeClearsky Advisors LLC 1 shared · one timeHoxton Ventures 1 shared · one timeCross Creek Advisors, LLC 1 shared · one timeBaukunst Management Company, LLC 1 shared · one timeAIR Street Capital II LP 1 shared · one timeMenlo Group, LLC 1 shared · one timeInterplay Ventures Early Stage Management LLC 1 shared · one timeFelicis Ventures 1 shared · one timeAmplify Partners 1 shared · one timeSoma Capital Management LLC 1 shared · one timePascal Capital, L.L.C. 1 shared · one timeBAM Ventures 1 shared · one timeVivo Capital, LLC 1 shared · one timeL'Attitude Management 1 shared · one time137 Ventures Management, LLC 1 shared · one timeSeedcamp Investment Management LLP 1 shared · one timeDark Pool Capital 1 shared · one timeCommonweal Ventures Management, LLC 1 shared · one timeLUX Capital Management, LLC 1 shared · one timeCNK Equity Partners I, LLC 1 shared · one timePA Capital Management LLC 1 shared · one timeK50 Ventures 1 shared · one timeSPP Management Services, LLC 1 shared · one timeOWL Ventures 1 shared · one timeProgression 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
7 dated events
- Sep 16, 2026Pair no longer listed on Indo US Capital, LLC's portfolio pageRemoved from portfolio pagePortfolioInferencePairVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Coursera no longer listed on Indo US Capital, LLC's portfolio pageRemoved from portfolio pagePortfolioInferenceCourseraVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Neotract no longer listed on Indo US Capital, LLC's portfolio pageRemoved from portfolio pagePortfolioInferenceNeotractVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Narmi no longer listed on Indo US Capital, LLC's portfolio pageRemoved from portfolio pagePortfolioInferenceNarmiVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Diverse perspectives, deep insight. no longer listed on Indo US Capital, LLC's portfolio pageRemoved from portfolio pagePortfolioInferenceDiverse perspectives, deep insight.Venture organization websites (about, team, portfolio, thesis, news pages)
- Mar 29, 2012Indo US Capital, 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)
- Mar 29, 2012NEW Enterprise Associates-Indous Ventures, LLC first reported on Form ADV by Indo US Capital, LLC (Venture Capital Fund), GAV $173,169,197Fund first reported on Form ADVFundsFactNEW Enterprise Associates-Indous Ventures, LLCSEC 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 (confirmed, 70%, cls-1)venture manager with no reported fund assets yet (scale unknown)
Evidence
41 observations from 2 sources