Valor Equity Partners

Private equity with venture activitySEC-registered adviserClassification probable· Chicago, IllinoisVALOREP.COM

Private equity with venture activity, based in Chicago, Illinois, reporting $841M of fund assets on its funds' Form ADV filings.

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

Reported fund assets
$841M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
5
Investment team
11
Latest vintage
2024
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

16 additional team members, 37 additional co-investors and affiliates, 64 additional investments, funds and LPs, 9 events, 1 verified contact (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. 5 companies
    new in 12 months

    5 new companies in the last 12 months.

    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. 4 of 4
    enter at Series B+

    Its site says early stage, but 4 of 4 first entries on record are Series B or later.

    rounds to 2 Sep 2026 · A founder raising at the stage the site names should know where the cheques have actually gone.

    Derived4 rounds with a stated stage, against the firm's siteFor FoundersInvestments →
  3. 8 companies
    portfolio raising

    8 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 31 Aug 2026 ($3.11B 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 →
  4. 4 deals
    with Y Combinator

    Invests most often alongside Y Combinator (4 shared deals) and Founders Fund (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
  • Partner, Ceo, Cio
    Why: Chief investment officer: owns the allocation decision
    No route on file yet
  • Partner, Co- President
    Why: Runs the firm (chief executive or president)
    No route on file yet
  • Partner
    Why: Partner: part of the investment decision
    No route on file yet

Relationship network

139 connected entities20 observed rounds6 repeat counterparties

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
  • Capital provider
  • 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 Valor Equity Partners: 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 Valor Equity Partners

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

Investing

58 companies on record, 5 new in 12 months

Investments on record

58 companies, 22 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
AgentSyncportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
AMP Robotics Corpportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Andurilportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website

Stated thesis versus observed behaviour

74 observed deals
Stated (the firm’s website)
Sectors
space, logistics, industrial
Stages
early
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation
series b 75%series d plus 25%
Stage at first entry
series b 50%series d plus 50%
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (5)Energy, utilities and infrastructure (1)Life sciences (1)
lead rate 63%follow-on rate 54%new companies, 12 months 5
site says seed/early; 100% of first entries on record are Series B or later

Team

25 current, 3 departed

Decision makers

who to call first, and why; then everyone else by function
  • Antonio Jose Gracias · Partner, Ceo, Cio
    Why this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
  • Juan Alfonso Sabater · Partner, Co- President
    Why this person: Runs the firm (chief executive or president); Named with investment responsibility
  • Vivek K. Pattipati · 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

25 current, 3 departed
3 departed (kept with end dates)

Contacts

1 firm phone

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

Funds and LPs

5 vehicles, 3 LPs disclosed

Funds and vehicles

5 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Valor R&d Seed, LLCSeed fund · ADV: Private Equity Fund2024 adv first reportedEarly deployment$53.6M
Apr 29, 2026
22unknownunknown
Valor Equity Partners VI L.PFund2023 lp reportedActive deploymentunknownunknownunknownunknown
Valor Equity Partners V, L.PFund2021 lp reportedMatureunknownunknownunknownunknown

Limited partners

3 LPs, 6 disclosed commitments

Known LPs and allocators

6 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
California Public Employees' Retirement SystemSTATE RETIREMENT SYSTEMValor Equity Partners VI L.P$300M
committed
reported as of Dec 31, 2025Fact Pension disclosure
California Public Employees' Retirement SystemSTATE RETIREMENT SYSTEMValor Equity Partners IV L.P$75.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure
California State Teachers' Retirement SystemSTATE RETIREMENT SYSTEMValor Equity Partners V, L.P$40.0M
committed
reported as of Jun 30, 2025Fact Pension disclosure

Relationships across DFX

140 co-investors · on 4 other DFX graphs

Co-investors

140 counted from shared deals, for the whole firm
Across DFX and the capital chainon 4 other DFX graphs · 33 capital paths Show
Across DFX
Across the graphs

Valor Equity Partners is the same institution as 4 records in Allocators, Private Equity, RIA and Wealth and Independent Sponsors.

Allocators1Private Equity1RIA and Wealth1Independent Sponsors1

DFX found 4 relationships across 4 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

Valor Equity Partners sits on 33 traced paths of capital across the graphs.

Allocator to VC fund to manager to company

DFX traced 33 paths 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

14 dated events, 96 observations from 4 sources

Timeline

14 dated events
  1. seen on or beforeSep 24, 2026
    Valor Equity Partners: CORPORATE_VENTURE -> PE_WITH_VENTURE_ACTIVITY (registered adviser; venture funds are 2% of 54 private funds)
    Classification changedClassificationInference
  2. Mar 30, 2024
    Valor R&d Seed, LLC first reported on Form ADV by Valor Equity Partners (Venture Capital Fund), GAV $10,036,427
    Fund first reported on Form ADVFundsFactValor R&d Seed, LLCForm ADV
  3. Oct 2, 2023
    Anne Marie Morley (Chief Financial Officer) no longer on Schedule A of Valor Equity Partners
    Person leftPeopleInferenceAnne Marie MorleyForm ADV
  4. Feb 1, 2023
    Cassie Hyun Chung Peterson joined Schedule A of Valor Equity Partners as Chief Compliance Officer
    Person joinedPeopleFactCassie Hyun Chung PetersonForm ADV
  5. Sep 1, 2022
    Dean Marie Anne joined Schedule A of Valor Equity Partners as Chief Financial Officer
    Person joinedPeopleFactDean Marie AnneForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Apr 29, 2026 · 54 private fundsShow
Headquarters
Chicago, ILadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Apr 29, 2026
Private funds reported
54 (1 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$64Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$59Bthe adviser's RAUM, a regulatory measure, never a fund size
Employees
104
Owners on Schedule A
Valor Management L.P. (Member), owns 75% or more; Valor Funds Group LLC (General Partner); Valor Holdings Corp. (Member), owns 75% or more

Classification history

Every classification this record has carried2 on recordShow
  1. Sep 24, 2026
    Private equity with venture activity (probable, 75%)
    Registered adviser; venture funds are 2% of 54 private funds
  2. Sep 12, 2026
    Corporate venture (probable, 80%)

Evidence

97 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedApr 29, 2026FactForm ADV
SEC adviser typeRegistered investment adviserApr 29, 2026FactForm ADV
SEC adviser typeRegistered investment adviserApr 29, 2026FactForm ADV
SEC adviser typeRegistered investment adviserSep 4, 2024FactForm ADV
First Form ADV filing2012-02-13Apr 29, 2026FactForm ADV
First Form ADV filing2012-02-13Sep 4, 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 filing2026-04-29Apr 29, 2026FactForm ADV
Latest Form ADV filing2026-04-29Apr 29, 2026FactForm ADV
Latest Form ADV filing2024-09-04Sep 4, 2024FactForm ADV
SEC statusApprovedApr 29, 2026FactForm ADV
SEC status effective2012-03-29Apr 29, 2026FactForm ADV
Venture share of reported funds0Apr 29, 2026FactForm ADV
Venture share of reported funds0Sep 4, 2024FactForm ADV
Business phoneApr 29, 2026FactForm ADV
Business phoneSep 4, 2024FactForm ADV
Employees104Apr 29, 2026FactForm ADV
Employees89Sep 4, 2024FactForm ADV
HeadquartersChicago, ILApr 29, 2026FactForm ADV
HeadquartersChicago, ILSep 4, 2024FactForm ADV
Office addressApr 29, 2026FactForm ADV
Office addressSep 4, 2024FactForm ADV
Legal formLimited Liability CompanyApr 29, 2026FactForm ADV
PE funds reported53Apr 29, 2026FactForm ADV
Portfolio pageSep 30, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 12, 2026Fact
Private funds reported54Apr 29, 2026FactForm ADV
Private funds reported54Apr 29, 2026FactForm ADV
Private funds reported46Sep 4, 2024FactForm ADV
Private fund gross assets (reported)$64BApr 29, 2026FactForm ADV
Private fund gross assets (reported)$64BApr 29, 2026FactForm ADV
Private fund gross assets (reported)$18BSep 4, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$59BApr 29, 2026FactForm ADV
Regulatory AUM (adviser, not fund size)$17BSep 4, 2024FactForm ADV
Schedule a diffsadiff-1Apr 29, 2026FactForm ADV
Stated sectorsSpace, logistics, industrial
“sector words on the home page”
Sep 30, 2026Fact
Stated sectorsSpace, logistics, industrial
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsSpace, logistics, industrial
“sector words on the home page”
Sep 12, 2026Fact
Stated stagesearly
“stage words on the home page”
Sep 30, 2026Fact
Stated stagesearly
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesearly
“stage words on the home page”
Sep 12, 2026Fact
Team pageSep 30, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 12, 2026Fact
Venture funds reported1Apr 29, 2026FactForm ADV
Venture funds reported1Apr 29, 2026FactForm ADV
Venture funds reported2Sep 4, 2024FactForm ADV
WebsiteSep 4, 2024FactForm ADV
Site titleSep 30, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 12, 2026Fact
How this is scored
Scores, classification basis and filing advisersPrivate equity with venture activity, probableShow
Importance
57
elevated
Active deployment
51
elevated
Emerging
0
low
Freshness
100
high
Private equity with venture activity · probableSEC registered investment adviser

Registered adviser; venture funds are 2% of 54 private funds

The inputs behind each score
importance
gav: 0.57 · funds: 0.08 · people: 0.56 · investments: 0.69 · scale basis: Venture-typed funds only (Private equity with venture activity): 1 fund, $787M of $841M reported · co investors: 0.87
active deployment
investments 12m: 0.88 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-10
emerging manager
fund count: 5 · reported gav: $841M · first adv filing: 2012-02-13 · years since first filing: 14.6

Fits, record history and connections

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

Fits

13 scored matches, best firstas of
  • score 55.8confidence 100%
    Why: sector fit; stage fit; activity; analogous
    Watch: adjacent portfolio
  • score 47.8confidence 100%
    Why: sector fit; activity; analogous; cap table
    Watch: adjacent portfolio
  • score 47.8confidence 100%
    Why: sector fit; activity; analogous; cap table
    Watch: adjacent portfolio

+10 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 identity change, 2 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-24
  • Merged in
    2026-09-13
  • Adviser's first ADV filing
    2012-02-13source 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.