March Capital

Multi-stage venture firmSEC venture capital fund adviserRaising· Santa Monica, CaliforniaMARCHCP.COM

WE Invest IN Frontier Technology Companies AT The Leading Edge OF The AI Revolutionabout Uswe Look For Massive Market Opportunities And Teams Building With VELOCITYOur PortfolioWE Partner With Exceptional Entrepreneurs TO Build Category-Defining Companiesfor Founders WE Invest IN Frontier Technology Companies AT The Leading Edge OF The AI Revolutionwe Look For Massive Market Opportunities And... Read more

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

Reported fund assets
$2.6B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
3
Investment team
23
Latest vintage
2024
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (5)Team (38)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

32 additional team members, 10 additional co-investors and affiliates, 42 additional investments, funds and LPs, 54 events, 3 verified contacts (2 professional url, 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. 3 companies
    new in 12 months

    3 new companies in the last 12 months. Latest round Snorkel AI round ($350M round) on 22 Sep 2026. Took 2 board seats on new Form D filings in 90 days (Rally Commerce, Magic Potion Games).

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  2. 2 companies
    portfolio raising

    2 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 12 Aug 2026 ($1M sold on Form D).

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

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →

People to know

View all people
  • Jamie Montgomery
    Co-Founder & Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • James Watson Montgomery
    Managing Member
    Why: Named with investment responsibility
    No route on file yet
  • Sumant Mandal
    Managing Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

95 connected entities1 observed roundrounds 2026

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

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 March Capital: 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 March Capital

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

Investing

5 companies on record, 3 new in 12 months
Investments on record
5 companies, 4 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Snorkel AIFunding roundparticipantunknown$350MunknownSep 22, 2026Fact Press release
Rally Commerce Inc.board seatunknown · boardHyun Koo (strongly supported)unknownunknownAug 27, 2026Inference Form D
Magic Potion Games Inc.board seatunknown · boardGregory Milken (strongly supported)unknownunknownJul 20, 2026Inference Form D
Stated thesis versus observed behaviour
5 observed deals
Stated (the firm’s website)
Sectors
ai, enterprise software, deep tech, media
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
Other Technology 80%unknown 20%
lead rate 0%follow-on rate 0%new companies, 12 months 3
80% of companies on record are Other Technology, which the site does not name

Team

38 current, 1 departed
Decision makers
who to call first, and why; then everyone else by function
  • Jamie Montgomery · Co-Founder & Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • James Watson Montgomery · Managing Member
    Why this person: Named with investment responsibility
  • Sumant Mandal · 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
38 current, 1 departed
1 departed (kept with end dates)
Contacts
1 firm phone, 2 professional url

1 firm phone, 2 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

33 vehicles, 0 LPs disclosed
Funds and vehicles
33 reported, 9 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
March Nile Investments LLCFund2024 adv first reportedEarly deployment$63.1M
Mar 30, 2026
34unknownunknown
March Xage Investments LLCFund2024 adv first reportedEarly deployment$1.3M
Mar 30, 2026
12unknownunknown
March Asapp Investments II LLCFund2024 adv first reportedEarly deployment$236,495
Mar 30, 2026
4unknownunknown
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
4 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Karsh Family FoundationFOUNDATIONMarch Capital Partners Fund I, L.P.$208,652
fair value on the foundation's return
reported as of Jun 30, 2025Fact IRS Form 990 / 990-PF e-file returns
Karsh Family FoundationFOUNDATIONMarch Capital Partners Fund IV, LP$970,816
fair value on the foundation's return
reported as of Jun 30, 2025Fact IRS Form 990 / 990-PF e-file returns
Karsh Family FoundationFOUNDATIONMarch Capital Partners Fund III, LP$874,789
fair value on the foundation's return
reported as of Jun 30, 2025Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

13 co-investors · on 2 other DFX graphs
Co-investors
13 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 1 capital path Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

March Capital is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

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

Checking your plan…

Capital chain

March Capital sits on 1 traced path of capital across the graphs.

Allocator commitments to a manager

DFX traced 1 path of capital through this record

Every record on each path, what it committed or lent, and as of when.

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

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

59 dated events, 70 observations from 3 sources
Timeline
59 dated events
  1. Mar 30, 2026
    March Capital Partners Fund V LP first reported on Form ADV by March Capital (Venture Capital Fund), GAV $1,532,962
    Fund first reported on Form ADVFundsInferenceMarch Capital Partners Fund V LPForm ADV
  2. Mar 30, 2026
    March Uniphore Investments II LLC first reported on Form ADV by March Capital (Venture Capital Fund), GAV $19,478,145
    Fund first reported on Form ADVFundsInferenceMarch Uniphore Investments II LLCForm ADV
  3. Mar 30, 2026
    March Canva Investments LLC first reported on Form ADV by March Capital (Venture Capital Fund), GAV $7,909,547
    Fund first reported on Form ADVFundsInferenceMarch Canva Investments LLCForm ADV
  4. Mar 30, 2026
    March Capital Partners Fund V (cayman) LP first reported on Form ADV by March Capital (Venture Capital Fund), GAV $686,733
    Fund first reported on Form ADVFundsInferenceMarch Capital Partners Fund V (cayman) LPForm ADV
  5. Mar 30, 2026
    March Xage Investments II LLC first reported on Form ADV by March Capital (Venture Capital Fund), GAV $224,228
    Fund first reported on Form ADVFundsInferenceMarch Xage Investments II LLCForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 32 private fundsShow
Headquarters
Santa Monica, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
MARCHCP.COM
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
Mar 30, 2026
Private funds reported
32 (32 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$2.6Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
EGM Investments LLC (General Partner), owns 10% to 25%
Classification history
Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $2.6B
  2. Sep 15, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $2.3B
  3. Sep 12, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $1.9B
Evidence
70 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 30, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 30, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserApr 1, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserApr 1, 2024FactForm ADV
First Form ADV filing2015-03-24Mar 30, 2026FactForm ADV
First Form ADV filing2015-03-24Apr 1, 2024FactForm 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 filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2024-04-01Apr 1, 2024FactForm ADV
SEC statusERA - ActiveMar 30, 2026FactForm ADV
SEC status effective2015-03-24Mar 30, 2026FactForm ADV
Venture share of reported funds1Mar 30, 2026FactForm ADV
Venture share of reported funds1Apr 1, 2024FactForm ADV
Business phoneMar 30, 2026FactForm ADV
Business phoneApr 1, 2024FactForm ADV
DescriptionSep 16, 2026Factno URL
HeadquartersSanta Monica, CAMar 30, 2026FactForm ADV
HeadquartersSanta Monica, CAApr 1, 2024FactForm ADV
Office addressMar 30, 2026FactForm ADV
Office addressApr 1, 2024FactForm ADV
Self-described typeVenture capitalSep 16, 2026Factno URL
Legal formLimited Liability CompanyMar 30, 2026FactForm ADV
Legal formLimited Liability CompanyApr 1, 2024FactForm ADV
Portfolio pageSep 16, 2026Factno URL
Private funds reported32Mar 30, 2026FactForm ADV
Private funds reported32Mar 30, 2026FactForm ADV
Private funds reported24Apr 1, 2024FactForm ADV
Private fund gross assets (reported)$2.6BMar 30, 2026FactForm ADV
Private fund gross assets (reported)$2.6BMar 30, 2026FactForm ADV
Private fund gross assets (reported)$2.3BApr 1, 2024FactForm ADV
Schedule a diffsadiff-1Mar 30, 2026FactForm ADV
Stated sectorsAI, enterprise software, deep tech, media
“sector words on the home page”
Sep 16, 2026Factno URL
Team pageSep 16, 2026Factno URL
Venture funds reported32Mar 30, 2026FactForm ADV
Venture funds reported32Mar 30, 2026FactForm ADV
Venture funds reported24Apr 1, 2024FactForm ADV
WebsiteMar 30, 2026FactForm ADV
WebsiteApr 1, 2024FactForm ADV
Site titleSep 16, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShow
Importance
68
high
Active deployment
71
high
Emerging
0
low
Freshness
100
high
Multi-stage venture firmSEC exempt reporting adviser

Both early and growth/opportunity families, reported GAV $2.6B

The inputs behind each score
importance
gav: 0.73 · funds: 1 · people: 1 · investments: 0.26 · co investors: 0.45
active deployment
investments 12m: 0.38 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-22
emerging manager
fund count: 42 · reported gav: $2.6B · first adv filing: 2015-03-24 · years since first filing: 11.5

Fits, record history and connections

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

Fits

78 scored matches, best firstas of
  • score 58.7confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 58.7confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 58.7confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio

+75 more scored matches

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

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2015-03-24source 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.