Indo US Capital, LLC

Institutional venture firmpart of NEA: New Enterprise AssociatesSEC venture capital fund adviser· Oakland, Californianea.com/portfolio/indous-ventures

Institutional venture firm, based in Oakland, California, reporting $14.7M of fund assets across 1 fund.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$14.7M
the adviser's own Form ADV total
New companies, 12 mo
None
Investment team
51
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

37 additional co-investors and affiliates, 21 additional investments, funds and LPs, 4 verified contacts (3 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. 1 departure
    people, 12 months

    A team member departed (seen on or before 1 Oct 2026, the day it happened is not on record).

    A partner leaving or arriving changes who decides, and who a founder or LP should call.

    InferenceVenture organization websites (about, team, portfolio, thesis, news pages)For Founders, LPs, recruitersTeam →
  2. 4 deals
    with Institutional Venture

    Invests most often alongside Institutional Venture (4 shared deals) and Sequoia Capital (4 shared deals).

    pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people
  • Managing Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

49 connected entities42 observed rounds14 repeat counterparties6 dated rounds shown here, 2010 to 2023

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.

What stands out
Reading the network
  • Sponsor
  • Company
  • 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 Indo US Capital, 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 Indo US Capital, LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

89 companies on record, 0 new in 12 months

Investments on record

89 companies, 43 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Escient Pharmaceuticalsportfolio listingleadunknownunknownunknownSep 20, 2026Fact Company website
Agrani Labs, Inc.board seatunknown · boardVinod Kumar Dham (strongly supported)unknownunknownJul 25, 2025Inference Form D
Pair Eyewear, Inc.Form D equity offeringunknown · boardRick Yang (strongly supported)$48.6M
form d sold
unknownOct 27, 2023Inference Form D

Stated thesis versus observed behaviour

44 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
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (1)Life sciences (1)
lead rate 100%follow-on rate 41%new companies, 12 months 0

Team

59 current, 35 departed

Decision makers

who to call first, and why; then everyone else by function
  • Vinod Kumar Dham · Managing Member
    Why 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

59 current, 35 departed

Contacts

3 published business email, 1 firm phone

3 published business email, 1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

0 vehicles, 0 LPs disclosed

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.

Limited partners

0 LPs, 0 disclosed commitments
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.

Known LPs and allocators

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

99 co-investors

Co-investors

99 counted from shared deals, for the whole firm

Evidence and history

4 dated events, 49 observations from 3 sources

Timeline

4 dated events, 1 of them portfolio-page removals, listed last
  1. seen on or beforeOct 1, 2026
    James Kaplan (Principal) no longer on the team page of Indo US Capital, LLC
    Person leftPeopleInferenceJames KaplanFirm website
  2. Mar 29, 2012
    Indo US Capital, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactForm ADV
  3. Mar 29, 2012
    NEW Enterprise Associates-Indous Ventures, LLC first reported on Form ADV by Indo US Capital, LLC (Venture Capital Fund), GAV $173,169,197
    Fund first reported on Form ADVFundsFactNEW Enterprise Associates-Indous Ventures, LLCForm ADV
Full timeline · 4 eventsnewest first; portfolio-page removals last
  1. seen on or beforeOct 1, 2026
    James Kaplan (Principal) no longer on the team page of Indo US Capital, LLC
    Person leftPeopleInferenceJames KaplanFirm website
  2. Mar 29, 2012
    Indo US Capital, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactForm ADV
  3. Mar 29, 2012
    NEW Enterprise Associates-Indous Ventures, LLC first reported on Form ADV by Indo US Capital, LLC (Venture Capital Fund), GAV $173,169,197
    Fund first reported on Form ADVFundsFactNEW Enterprise Associates-Indous Ventures, LLCForm ADV
  4. seen on or beforeOct 1, 2026
    Perplexity no longer listed on Indo US Capital, LLC's portfolio page
    Removed from portfolio pagePortfolioInferenceperplexityFirm website

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Apr 1, 2024 · 1 private fundsShow

Website description: Foundational partners to ambitious founders at every stage of company-building.

Headquarters
Oakland, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.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, adviser total
$14.7Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried1 on recordShow
  1. Sep 12, 2026
    Institutional venture firm (confirmed, 70%)
    Venture manager with no reported fund assets yet (scale unknown)

Evidence

49 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC exemption claimedVenture capital fund adviserApr 1, 2024FactForm ADV
SEC adviser typeExempt reporting adviserApr 1, 2024FactForm ADV
First Form ADV filing2012-03-29Apr 1, 2024FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2024-04-01Apr 1, 2024FactForm ADV
Venture share of reported funds1Apr 1, 2024FactForm ADV
Business phoneApr 1, 2024FactForm ADV
Contact page urlOct 1, 2026Fact
Contact page urlSep 16, 2026Fact
DescriptionOct 1, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 12, 2026Fact
HeadquartersOakland, CAApr 1, 2024FactForm ADV
Office addressApr 1, 2024FactForm ADV
Legal formLimited Liability CompanyApr 1, 2024FactForm ADV
Portfolio pageOct 1, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 12, 2026Fact
Private funds reported1Apr 1, 2024FactForm ADV
Private fund gross assets (reported)$14.7MApr 1, 2024FactForm ADV
Schedule a diffsadiff-1Sep 29, 2026FactForm ADV
Stated geographyeurope
“geography words on the home page”
Sep 12, 2026Fact
Stated sectorsAI, enterprise software, healthcare, consumer, media
“sector words on the home page”
Oct 1, 2026Fact
Stated sectorsAI, enterprise software, healthcare, consumer, media
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, enterprise software, healthcare, consumer, media
“sector words on the home page”
Sep 12, 2026Fact
Stated stagesSeed, series a, series b
“stage words on the home page”
Oct 1, 2026Fact
Stated stagesSeed, series a, series b
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesSeed, series a, series b
“stage words on the home page”
Sep 12, 2026Fact
Team pageOct 1, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 12, 2026Fact
Venture funds reported1Apr 1, 2024FactForm ADV
WebsiteApr 1, 2024FactForm ADV
Site titleOct 1, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 12, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmed · 2 filing advisers share this firmShow
Importance
15
moderate
Active deployment
0
low
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager with no reported fund assets yet (scale unknown)

One of 2 advisers that share nea.com; the firm is NEA: New Enterprise Associates. 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.

The inputs behind each score
importance
gav: 0.05 · funds: 0 · people: 0.04 · investments: 0.61 · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: 2025-07-25
emerging manager
fund count: 0 · reported gav: $14.7M · first adv filing: 2012-03-29 · years since first filing: 14.5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 identity change, 1 dated event on the change ledger, latest event first
  • Grouped with firm
    2026-09-30
  • Adviser's first ADV filing
    2012-03-29source 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.

Not yet on record: latest vintage.