Visible Ventures

Micro VCSEC venture capital fund adviser· Hingham, Massachusettsvisibleventures.com

We invest in companies building better paths to wealth, health, and upward mobility for the generation reshaping the economy.

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

Reported fund assets
$20.9M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
6
Latest vintage
2024
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (1)Team (23)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

20 additional team members, 6 additional investments, funds and LPs, 4 events, 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.

Nothing material in the last 180 days.

People to know

View all people
  • Athena Zhang
    Associate
    Why: Named with investment responsibility
    No route on file yet
  • Lori Cashman
    Manager And Member, Victress Capital, Llc
    Why: Named with investment responsibility
    No route on file yet
  • Suzanne Norris
    Manager And Member, Victress Capital, Llc
    Why: Named with investment responsibility
    No route on file yet

Relationship network

34 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
  • 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 Visible Ventures: 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 Visible Ventures

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

Investing

1 company on record, 0 new in 12 months
Investments on record
1 company, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
Sectors
healthcare, logistics, hrtech
Stages
not stated or not yet read
Geography
global, worldwide
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 100%
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

23 current, 0 departed
Decision makers
who to call first, and why; then everyone else by function
  • Athena Zhang · Associate
    Why this person: Named with investment responsibility
  • Lori Cashman · Manager And Member, Victress Capital, Llc
    Why this person: Named with investment responsibility
  • Suzanne Norris · Manager And Member, Victress Capital, Llc
    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
23 current, 0 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

9 vehicles, 0 LPs disclosed
Funds and vehicles
9 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Victress Capital Opportunity Fund, LLC - Series ThreeOpportunity fund2024 adv first reportedEarly deployment$20,468
Apr 28, 2026
5unknownunknown
Victress Capital Opportunity Fund, LLC - Series FourOpportunity fund2024 form d first saleEarly deploymentunknownunknown$1.7M
of $1.7M
Jan 31, 2024
Victress Capital Fund Ii-A, L.P.Feeder or parallel2023 adv first reportedActive deployment$9.2M
Apr 28, 2026
23$0
of $50.0M
Oct 28, 2022
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
2 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Klarman Family FoundationFOUNDATIONVictress Capital Fund Ii-A, L.P.$427,876
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
Klarman Family FoundationFOUNDATIONVictress Capital Fund, L.P.$365,261
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

2 co-investors · on 2 other DFX graphs
Co-investors
2 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

Visible Ventures 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

Visible Ventures 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

9 dated events, 63 observations from 4 sources
Timeline
9 dated events
  1. Apr 28, 2026
    Victress Capital Opportunity Fund, LLC - Series Two first reported on Form ADV by Visible Ventures (Venture Capital Fund), GAV $845,228
    Fund first reported on Form ADVFundsInferenceVictress Capital Opportunity Fund, LLC - Series TwoForm ADV
  2. Apr 28, 2026
    Victress Capital Opportunity Fund, LLC - Series Four first reported on Form ADV by Visible Ventures (Venture Capital Fund), GAV $1,721,905
    Fund first reported on Form ADVFundsInferenceVictress Capital Opportunity Fund, LLC - Series FourForm ADV
  3. Mar 22, 2024
    Victress Capital Opportunity Fund, LLC - Series Three first reported on Form ADV by Visible Ventures (Venture Capital Fund)
    Fund first reported on Form ADVFundsFactVictress Capital Opportunity Fund, LLC - Series ThreeForm ADV
  4. Mar 30, 2023
    Victress Capital Fund Ii-A, L.P. first reported on Form ADV by Victress Capital, LLC (Venture Capital Fund), GAV $7,323,232
    Fund first reported on Form ADVFundsFactVictress Capital Fund Ii-A, L.P.Form ADV
  5. Mar 30, 2023
    Victress Capital Fund Ii-B, L.P. first reported on Form ADV by Victress Capital, LLC (Venture Capital Fund), GAV $1,414,141
    Fund first reported on Form ADVFundsFactVictress Capital Fund Ii-B, L.P.Form ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Apr 28, 2026 · 7 private fundsShow
Headquarters
Hingham, MAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
visibleventures.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
Apr 28, 2026
Private funds reported
7 (7 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$20.9Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Micro VC (confirmed, 95%)
    Venture manager, reported GAV $21.7M across 9 vehicles
  2. Sep 12, 2026
    Micro VC (confirmed, 95%)
    Venture manager, reported GAV $28.5M across 7 vehicles
  3. Sep 12, 2026
    Micro VC (confirmed, 95%)
    Venture manager, reported GAV $28.5M across 6 vehicles
Evidence
63 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedApr 28, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserApr 28, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 22, 2024FactForm ADV
SEC adviser typeExempt reporting adviserApr 28, 2026FactForm ADV
SEC adviser typeExempt reporting adviserApr 28, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 22, 2024FactForm ADV
First Form ADV filing2023-01-03Apr 28, 2026FactForm ADV
First Form ADV filing2023-01-03Mar 22, 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 filing2026-04-28Apr 28, 2026FactForm ADV
Latest Form ADV filing2026-04-28Apr 28, 2026FactForm ADV
Latest Form ADV filing2024-03-22Mar 22, 2024FactForm ADV
SEC statusERA - ActiveApr 28, 2026FactForm ADV
SEC status effective2023-01-03Apr 28, 2026FactForm ADV
Venture share of reported funds1Apr 28, 2026FactForm ADV
Venture share of reported funds1Mar 22, 2024FactForm ADV
Business phoneApr 28, 2026FactForm ADV
Business phoneMar 22, 2024FactForm ADV
DescriptionSep 30, 2026Factno URL
DescriptionSep 16, 2026Factno URL
DescriptionSep 12, 2026Factno URL
HeadquartersHingham, MAApr 28, 2026FactForm ADV
HeadquartersHingham, MAMar 22, 2024FactForm ADV
Office addressApr 28, 2026FactForm ADV
Office addressMar 22, 2024FactForm ADV
Legal formLimited Liability CompanyApr 28, 2026FactForm ADV
Legal formLimited Liability CompanyMar 22, 2024FactForm ADV
Portfolio pageSep 30, 2026Factno URL
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 12, 2026Factno URL
Private funds reported7Apr 28, 2026FactForm ADV
Private funds reported7Apr 28, 2026FactForm ADV
Private funds reported6Mar 22, 2024FactForm ADV
Private fund gross assets (reported)$20.9MApr 28, 2026FactForm ADV
Private fund gross assets (reported)$20.9MApr 28, 2026FactForm ADV
Private fund gross assets (reported)$28.5MMar 22, 2024FactForm ADV
Schedule a diffsadiff-1Sep 28, 2026FactForm ADV
Stated geographyGlobal, worldwide
“geography words on the home page”
Sep 30, 2026Factno URL
Stated geographyGlobal, worldwide
“geography words on the home page”
Sep 16, 2026Factno URL
Stated geographyGlobal, worldwide
“geography words on the home page”
Sep 12, 2026Factno URL
Stated sectorsHealthcare, logistics, hrtech
“sector words on the home page”
Sep 30, 2026Factno URL
Stated sectorsHealthcare, logistics, hrtech
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsHealthcare, logistics, hrtech
“sector words on the home page”
Sep 12, 2026Factno URL
Team pageSep 30, 2026Factno URL
Team pageSep 16, 2026Factno URL
Team pageSep 12, 2026Factno URL
Venture funds reported7Apr 28, 2026FactForm ADV
Venture funds reported7Apr 28, 2026FactForm ADV
Venture funds reported6Mar 22, 2024FactForm ADV
WebsiteSep 12, 2026FactForm ADV
WebsiteMar 22, 2024FactForm ADV
Site titleSep 30, 2026Factno URL
Site titleSep 16, 2026Factno URL
Site titleSep 12, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersMicro VC, confirmedShow
Importance
21
moderate
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Micro VCSEC exempt reporting adviser

Venture manager, reported GAV $21.7M across 9 vehicles

The inputs behind each score
importance
gav: $0 · funds: 0.75 · people: 0.28 · investments: 0 · co investors: 0.12
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 9 · reported gav: $20.9M · first adv filing: 2023-01-03 · years since first filing: 3.7

Fits, record history and connections

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

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2023-01-03source 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.