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 / OCA Ventures, LLC
OCA Ventures, LLC
We help entrepreneurs build great companies.
both early and growth/opportunity families, reported GAV $306M
Importance
48
elevated
Active deployment
55
elevated
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
20
moderate
Identity and regulatory footprint
- Headquarters
- Chicago, ILadviserinfo.sec.gov
- Office address
- 20 N WACKER DRIVE, SUITE 4200, Chicago, IL, 60606adviserinfo.sec.gov
- Business phone
- 312-443-5028adviserinfo.sec.gov
- Website
- HTTP://WWW.OCAVENTURES.COM
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Apr 7, 2026
- Private funds reported
- 7 (7 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $318Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $316Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 15
- business phone
- 312-443-5028adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
75 observed deals
Stated (the firm’s website)
- Sectors
- healthcare, biotech
- Stages
- seed
- Geography
- not stated
- 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 93%Other Health Care 3%Other 1%Retailing 1%Other Technology 1%
lead rate n/afollow-on rate n/anew logos, 12 months 75
Funds and vehicles
7 reported, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| OCA Tmp Spv LLC | SPV or co-invest vehicle | 2024 adv first reported | Early deployment | $3.1M Mar 28, 2024 | 19 | $0 of $3.7M | Sep 6, 2023 |
| OCA Ventures Growth Fund LP | Growth fund | 2021 form d first sale | Mature | $27.8M Mar 28, 2024 | 40 | $33.8M of $50.0M | Mar 21, 2022 |
| OCA Roadrunner LP | Fund | 2021 adv first reported | Mature | $22.1M Mar 28, 2024 | 35 | $0 of $25.0M | Jun 12, 2020 |
| OCA Ventures IV LP | Fund | 2019 form d first sale | Mature | $95.7M Mar 28, 2024 | 44 | $67.8M of $125M | Mar 17, 2020 |
| OCA II Opportunity Fund LP | Opportunity fund | 2016 adv first reported | Harvest | $12.5M Mar 28, 2024 | 16 | $0 of $25.0M | Aug 11, 2015 |
| OCA Ventures III, L.P. | Fund | 2014 form d first sale | Harvest | $117M Mar 28, 2024 | 64 | $47.0M of $100M | Oct 28, 2015 |
| OCA Venture Partners II, L.P. | Fund | unknown | Unknown | $27.2M Mar 28, 2024 | 26 | unknown | unknown |
| OCA Venture Partners, L.P. | Fund | unknown | Wound down | $33,903 Mar 31, 2023 | 5 | unknown | unknown |
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
19 current, 0 departed
John Dugan
Founder or executiveChairman Emeritus & Co-Founder
Peter Ianello
Founder or executiveChairman & Co-Founder
Bob Saunders
General partnerGeneral Partner
John Joseph Dugan
General partnerGeneral Partner · since Feb 1, 2007
Kevin McQuillan
General partnerGeneral Partner
Nick Schoewe
General partnerVice Chairman & General Partner
Peter Anthony Ianello
General partnerGeneral Partner · since Feb 1, 2007
James Francis Dugan
Managing partnerCeo/Managing Member · since Feb 1, 2007
Jim Dugan
Managing partnerFounding Managing Partner
Waverly Deutsch
Operating partnerOperating Partner
Fahad Qureshi
Platform and operationsVice President, Accounting & Finance
Kelley Quinn
Platform and operationsFinance & Operations Manager
Leticia Martinez
Platform and operationsSenior Executive Assistant
Steve Shein
PrincipalPrincipal
Dave Zyer
Venture partnerVenture Partner
Ian Drury
Venture partnerVenture Partner
Manu Sharma
Vice presidentVice President, Investments
Michelle Cao
Vice presidentVice President, Investments
Sarah Manasevit
Vice presidentSenior Associate
Investments on record
75 edges, 68 companies, 0 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
Hyde Park Angels, Inc. 2 shared · recurringVitalizevc Management, LLC 2 shared · recurringTribeca Venture Partners 1 shared · one time · they led 1Transform Capital 1 shared · one timeBluestein Ventures Management LLC 1 shared · one timeGreycroft LP 1 shared · one timeDRAPER ASSOCIATES 1 shared · one timeIlluminate Financial 1 shared · one timePathbreaker Ventures II, LLC 1 shared · one timeDifferential Venture Partners, LLC 1 shared · one timeSpringrock Management 1 shared · one timeTAU Ventures, LLC 1 shared · one timeGlynn Capital Management, LLC 1 shared · one timeEcho Health Ventures 1 shared · one timeCausation Ventures, L.L.C. 1 shared · one timeHealthx Management, LLC 1 shared · one timeAIF Management LLC 1 shared · one timeVillage Global Management, L.L.C. 1 shared · one timeIgnition Partners 1 shared · one timeActivant Capital Group LLC 1 shared · one timeDigitaldx Ventures Management, LLC 1 shared · one timeCorazon Group LLC 1 shared · one timePropel Venture Partners Management Co. 1 shared · one timeFuel Capital 1 shared · one timeHealthy Ventures Management, LLC 1 shared · one timeAmplify Partners 1 shared · one timePruven Management Company, LLC 1 shared · one timeParade Ventures Management, LLC 1 shared · one timeBlue Bear Investment Group, LLC 1 shared · one timeGrotech Management Company 1 shared · one timeSapphire Ventures, LLC 1 shared · one timeWestriver Management, LLC 1 shared · one timeCentana Management, LLC 1 shared · one timeSJF Management LLC 1 shared · one timeMutual Capital Partners Funds 1 shared · one timeLightshed Ventures Group, LP 1 shared · one timeHLM Management Co., LLC 1 shared · one timeHyperplane Venture Capital 1 shared · one timeMatrix 1 shared · one timeTeamworthy Group LLC 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
10 dated events
- Mar 28, 2024OCA Venture Partners, L.P. no longer reported on Form ADV by OCA Ventures, LLCFund no longer reportedFundsInferenceOCA Venture Partners, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024OCA Tmp Spv LLC first reported on Form ADV by OCA Ventures, LLC (Venture Capital Fund), GAV $3,058,433Fund first reported on Form ADVFundsFactOCA Tmp Spv LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2022OCA Ventures Growth Fund LP first reported on Form ADV by OCA Ventures, LLC (Venture Capital Fund), GAV $31,070,597Fund first reported on Form ADVFundsFactOCA Ventures Growth Fund LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 7, 2021OCA Roadrunner LP first reported on Form ADV by OCA Ventures, LLC (Venture Capital Fund), GAV $21,742,114Fund first reported on Form ADVFundsFactOCA Roadrunner LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2020OCA Ventures IV LP first reported on Form ADV by OCA Ventures, LLC (Venture Capital Fund), GAV $68,282,202Fund first reported on Form ADVFundsFactOCA Ventures IV LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 1, 2016OCA II Opportunity Fund LP first reported on Form ADV by OCA Ventures, LLC (Venture Capital Fund), GAV $12,667,480Fund first reported on Form ADVFundsFactOCA II Opportunity Fund LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2015OCA Ventures III, L.P. first reported on Form ADV by OCA Ventures, LLC (Venture Capital Fund), GAV $39,597,828Fund first reported on Form ADVFundsFactOCA Ventures III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 14, 2012OCA Ventures, 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)
- Feb 14, 2012OCA Venture Partners II, L.P. first reported on Form ADV by OCA Ventures, LLC (Venture Capital Fund), GAV $42,249,299Fund first reported on Form ADVFundsFactOCA Venture Partners II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 14, 2012OCA Venture Partners, L.P. first reported on Form ADV by OCA Ventures, LLC (Venture Capital Fund), GAV $15,114,576Fund first reported on Form ADVFundsFactOCA Venture Partners, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%, cls-1)both early and growth/opportunity families, reported GAV $306M
Evidence
53 observations from 3 sources