Hummingbird Ventures V US GP LLC

Multi-stage venture firmSEC exempt reporting adviserClassification probable· Watermael-Boitsforthummingbird.vc

Hummingbird is a global generalist seed investment fund, investing in outlier founders at the earliest stage of their journey.

In the firm's own words, from its website.

Reported fund assets
$73.5M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
7
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

17 additional team members, 37 additional co-investors and affiliates, 63 additional investments, funds and LPs, 2 verified contacts (1 general firm 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. 4 companies
    portfolio raising

    4 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 23 Sep 2026 ($140M round).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactPress release wires (PR Newswire, GlobeNewswire)For Co-investors, LPs, lendersInvestments →

People to know

View all people
  • Principal
    Why: Principal on the deal team
    No route on file yet
  • Partner
    Why: Partner: part of the investment decision
    No route on file yet
  • Partner
    Why: Partner: part of the investment decision
    No route on file yet

Relationship network

129 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.

Reading the network
  • Sponsor
  • Company
  • 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 Hummingbird Ventures V US GP 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 Hummingbird Ventures V US GP LLC

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

Investing

66 companies on record, 0 new in 12 months

Investments on record

66 companies, 1 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Amber Bioportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Animaportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Armutportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website

Stated thesis versus observed behaviour

66 observed deals
Stated (the firm’s website)
Sectors
ai, enterprise software, fintech, healthcare, biotech, consumer, energy, deep tech
Stages
pre seed, seed
Geography
global, north america
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 (2)
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

16 current, 4 departed

Decision makers

who to call first, and why; then everyone else by function
  • Firat Ileri · Principal
    Why this person: Principal on the deal team; Named with investment responsibility
  • Lukas Decoster · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
  • Mario Gabriele · Partner
    Why this person: Partner: part of the investment decision; 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

16 current, 4 departed

Contacts

1 general firm email, 1 firm phone

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

Funds and LPs

3 vehicles, 0 LPs disclosed

Funds and vehicles

3 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Hummingbird Ventures V US LPFundunknownUnknown$73.5M
Mar 27, 2026
5$0
of $30.0M
May 11, 2023
Hummingbird Ventures VI US LPFundunknownFundraisingunknownunknown$0Mar 16, 2026
Hummingbird Growth US LPGrowth fundunknownFundraisingunknownunknown$0Mar 16, 2026

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

78 co-investors

Co-investors

78 counted from shared deals, for the whole firm

Evidence and history

5 dated events, 53 observations from 3 sources

Timeline

5 dated events, 1 of them portfolio-page removals, listed last
  1. seen on or beforeSep 23, 2026
    Hummingbird Ventures V US GP LLC: MICRO_VC -> MULTI_STAGE_VC (both early and growth/opportunity families, reported GAV $73M)
    Classification changedClassificationInference
  2. Mar 16, 2026
    Hummingbird Ventures V US GP LLC filed the first Form D for Hummingbird Ventures VI US LP (fund 6), its next fund after Hummingbird Ventures V US LP (vintage 2023)
    Fund next filedderived signalInferenceHummingbird Ventures VI US LP
  3. May 17, 2023
    Hummingbird Ventures V US GP LLC first filed Form ADV (ERA)
    First SEC adviser filingOrganizationFactForm ADV
  4. May 17, 2023
    Hummingbird Ventures V US LP first reported on Form ADV by Hummingbird Ventures V US GP LLC (Venture Capital Fund)
    Fund first reported on Form ADVFundsFactHummingbird Ventures V US LPForm ADV
Full timeline · 5 eventsnewest first; portfolio-page removals last
  1. seen on or beforeSep 23, 2026
    Hummingbird Ventures V US GP LLC: MICRO_VC -> MULTI_STAGE_VC (both early and growth/opportunity families, reported GAV $73M)
    Classification changedClassificationInference
  2. Mar 16, 2026
    Hummingbird Ventures V US GP LLC filed the first Form D for Hummingbird Ventures VI US LP (fund 6), its next fund after Hummingbird Ventures V US LP (vintage 2023)
    Fund next filedderived signalInferenceHummingbird Ventures VI US LP
  3. May 17, 2023
    Hummingbird Ventures V US GP LLC first filed Form ADV (ERA)
    First SEC adviser filingOrganizationFactForm ADV
  4. May 17, 2023
    Hummingbird Ventures V US LP first reported on Form ADV by Hummingbird Ventures V US GP LLC (Venture Capital Fund)
    Fund first reported on Form ADVFundsFactHummingbird Ventures V US LPForm ADV
  5. seen on or beforeSep 30, 2026
    Karman+ no longer listed on Hummingbird Ventures V US GP LLC's portfolio page
    Removed from portfolio pagePortfolioInferenceKarman+Firm website

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 27, 2026 · 1 private fundsShow
Headquarters
Watermael-Boitsfort, Belgiumadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Private fund adviseradviserinfo.sec.gov
Latest Form ADV
Mar 27, 2026
Private funds reported
1 (1 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$73.5Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Hummingbird Ventures Management Nv (Manager), owns under 5%

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (probable, 80%)
    Both early and growth/opportunity families, reported GAV $73M
  2. Sep 12, 2026
    Micro VC (probable, 80%)
    Venture manager, reported GAV $19.9M across 3 vehicles
  3. Sep 12, 2026
    Micro VC (probable, 80%)
    Venture manager, reported GAV $19.9M across 1 vehicle

Evidence

54 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC exemption claimedPrivate fund adviserFeb 22, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 27, 2026FactForm ADV
SEC adviser typeExempt reporting adviserFeb 22, 2024FactForm ADV
First Form ADV filing2023-05-17Mar 27, 2026FactForm ADV
First Form ADV filing2023-05-17Feb 22, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-27Mar 27, 2026FactForm ADV
Latest Form ADV filing2024-02-22Feb 22, 2024FactForm ADV
Venture share of reported funds1Mar 27, 2026FactForm ADV
Venture share of reported funds1Feb 22, 2024FactForm ADV
Business phoneFeb 22, 2024FactForm ADV
Contact page urlSep 30, 2026Fact
Contact page urlSep 16, 2026Fact
DescriptionSep 30, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 12, 2026Fact
HeadquartersWatermael-Boitsfort, BelgiumFeb 22, 2024FactForm ADV
Office addressFeb 22, 2024FactForm ADV
Legal formLimited Liability CompanyFeb 22, 2024FactForm ADV
Portfolio pageSep 30, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 12, 2026Fact
Private funds reported1Mar 27, 2026FactForm ADV
Private funds reported1Feb 22, 2024FactForm ADV
Private fund gross assets (reported)$73.5MMar 27, 2026FactForm ADV
Private fund gross assets (reported)$19.9MFeb 22, 2024FactForm ADV
Schedule a diffsadiff-1Sep 30, 2026FactForm ADV
Stated geographyGlobal, north america
“geography words on the home page”
Sep 30, 2026Fact
Stated geographyGlobal, north america
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyGlobal, north america
“geography words on the home page”
Sep 12, 2026Fact
Stated sectorsAI, enterprise software, fintech, healthcare, biotech, consumer, energy, deep tech
“sector words on the home page”
Sep 30, 2026Fact
Stated sectorsAI, enterprise software, fintech, healthcare, biotech, consumer, energy, deep tech
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, enterprise software, fintech, healthcare, biotech, consumer, energy, deep tech
“sector words on the home page”
Sep 12, 2026Fact
Stated stagesPre seed, seed
“stage words on the home page”
Sep 30, 2026Fact
Stated stagesPre seed, seed
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesPre seed, seed
“stage words on the home page”
Sep 12, 2026Fact
Team pageSep 30, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 12, 2026Fact
Venture funds reported1Mar 27, 2026FactForm ADV
Venture funds reported1Feb 22, 2024FactForm ADV
WebsiteFeb 22, 2024FactForm ADV
Site titleSep 30, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 12, 2026Fact
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, probableShow
Importance
43
elevated
Active deployment
0
low
Emerging
58
elevated
Freshness
100
high
Multi-stage venture firm · probableSEC exempt reporting adviser

Both early and growth/opportunity families, reported GAV $73M

The inputs behind each score
importance
gav: 0.26 · funds: 0.25 · people: 0.32 · investments: 0.68 · co investors: 0.76
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: 2025-07-08
emerging manager
fund count: 3 · reported gav: $73.5M · first adv filing: 2023-05-17 · years since first filing: 3.4

Fits, record history and connections

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

Record history

2 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-23
  • Adviser's first ADV filing
    2023-05-17source 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.