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 / Swan & Legend
Swan & Legend
venture manager, reported GAV $180M across 9 vehicles
Importance
42
elevated
Active deployment
30
moderate
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
14
low
Identity and regulatory footprint
- Headquarters
- Leesburg, VAadviserinfo.sec.gov
- Office address
- 108 LOUDOUN ST. S.W., Leesburg, VA, 20175adviserinfo.sec.gov
- Business phone
- 703-646-9445adviserinfo.sec.gov
- Website
- HTTP://WWW.SWANANDLEGEND.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
- Jul 15, 2026
- Private funds reported
- 6 (6 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $93.5Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 703-646-9445adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
22 observed deals
Stated (the firm’s website)
- Sectors
- consumer, space
- Stages
- multi stage
- 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
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 22
Funds and vehicles
9 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Swan Hospitality 2 LLC | Fund | 2021 adv first reported | Mature | $0 Jul 16, 2024 | 10 | $0 of $18.9M | Dec 13, 2019 |
| Swan Hospitality 3 LLC | Fund | 2021 adv first reported | Mature | $0 Jul 16, 2024 | 26 | $0 of $10.0M | Jun 19, 2020 |
| Swan Hospitality 4 LLC | Fund | 2021 form d first sale | Mature | $0 Jul 16, 2024 | 45 | $15.0M of $15.0M | May 19, 2021 |
| Swan Media 1 LLC | Fund | 2020 form d first sale | Mature | $8.5M Jul 16, 2024 | 18 | $5.4M of $8.5M | Mar 22, 2021 |
| Swan & Legend Fund 4, LP | Fund | 2019 adv first reported | Mature | $105M Jul 16, 2024 | 116 | unknown | unknown |
| Swan & Legend Fund 3, LP | Fund | 2016 adv first reported | Harvest | $51.1M Jul 16, 2024 | 78 | $0 of $150M | Apr 10, 2015 |
| Swan & Legend Fund 2, L.P. | Fund | 2013 form d first sale | Harvest | $15.6M Jul 16, 2024 | 59 | $17.6M | Jul 15, 2013 |
| SWaN Media 3, LLC | Fund | unknown | Unknown | unknown | unknown | $0 | Mar 4, 2024 |
| SWaN Media 2, LLC | Fund | unknown | Unknown | unknown | unknown | $0 | Mar 4, 2024 |
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
17 current, 2 departed
Khaled Nassar
AnalystFinancial Analyst
Parsa Nazari
AnalystAnalyst
Percy Li
AnalystFinancial Quantitative Analyst
Max Schaufeld
AssociateAssociate
David Bosserman
Board or advisorySenior Advisor
David Strasser
Board or advisorySenior Advisor
Aaron Pollock
PartnerPartner
Anthony Francis
PartnerIT Manager
Anthony Nader
PartnerPartner
Anthony Peter Nader
PartnerManager · since Feb 1, 2015
David Scott Strasser
PartnerManager · since Jun 1, 2015
Fredrick D Schaufeld
PartnerManager · since Feb 1, 2015
Fredrick D Schaufeld
PartnerPartner
Nick Gillette
PartnerPartner
Marie Lenko
Platform and operationsExecutive Assistant
Sally Chang
Platform and operationsSenior Fund Controller
Theresa Luong
Platform and operationsExecutive Assistant
2 departed (kept with end dates)
- David Nelson Bosserman · Manager · Feb 1, 2015 to Mar 29, 2024 Inference
- Todd David Klein · Manager · Feb 1, 2015 to Mar 6, 2020 Inference
Investments on record
22 edges, 22 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
23 relationships from shared deals, counted for the whole firm
Grotech Management Company 2 shared · recurringMotley Fool Ventures 2 shared · recurringIN Venture 1 shared · one timeBlue Collective, LLC 1 shared · one timeMerus Capital Management Company, LLC 1 shared · one timeHivemind Capital Partners LLC 1 shared · one timeDeepwater Asset Management, LLC 1 shared · one timeAzolla Management Company, LP 1 shared · one timeViewpoint Ventures 1 shared · one timeMK Capital Company 1 shared · one timeHyde Park Venture Partners 1 shared · one timeBlue Bear Investment Group, LLC 1 shared · one timeAurora Management LLC 1 shared · one timeVertex Ventures 1 shared · one timeVesey Ventures LP 1 shared · one timeBullvc Fund Management LLC 1 shared · one timeSJF Management LLC 1 shared · one time1984 Ventures Management, LLC 1 shared · one timeGroup 11 1 shared · one timeEmergence Equity Management, Inc 1 shared · one timeOWL Ventures 1 shared · one timeSignalfire 1 shared · one timeConstruct Capital Management, 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
12 dated events
- Sep 16, 2026Revsite no longer listed on Swan & Legend's portfolio pageRemoved from portfolio pagePortfolioInferenceRevsiteVenture organization websites (about, team, portfolio, thesis, news pages)
- Mar 29, 2024David Nelson Bosserman (Manager) no longer on Schedule A of Swan & Legend
- Mar 15, 2022Swan Hospitality 4 LLC first reported on Form ADV by Swan & Legend (Venture Capital Fund), GAV $15,127,182Fund first reported on Form ADVFundsFactSwan Hospitality 4 LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 24, 2021Swan Hospitality 2 LLC first reported on Form ADV by Swan & Legend (Venture Capital Fund), GAV $18,993,971Fund first reported on Form ADVFundsFactSwan Hospitality 2 LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 24, 2021Swan Media 1 LLC first reported on Form ADV by Swan & Legend (Venture Capital Fund), GAV $5,412,752Fund first reported on Form ADVFundsFactSwan Media 1 LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 24, 2021Swan Hospitality 3 LLC first reported on Form ADV by Swan & Legend (Venture Capital Fund), GAV $10,016,509Fund first reported on Form ADVFundsFactSwan Hospitality 3 LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 6, 2020Todd David Klein (Manager) no longer on Schedule A of Swan & Legend
- Feb 21, 2019Swan & Legend Fund 4, LP first reported on Form ADV by Swan & Legend (Venture Capital Fund), GAV $34,579,734Fund first reported on Form ADVFundsFactSwan & Legend Fund 4, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 18, 2016Swan & Legend Fund 3, LP first reported on Form ADV by Swan & Legend (Venture Capital Fund), GAV $53,289,437Fund first reported on Form ADVFundsFactSwan & Legend Fund 3, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jun 1, 2015David Scott Strasser joined Schedule A of Swan & Legend as Manager
- Mar 11, 2015Swan & Legend Fund 2, L.P. first reported on Form ADV by Swan & Legend (Venture Capital Fund), GAV $127,749,751Fund first reported on Form ADVFundsFactSwan & Legend Fund 2, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 11, 2015Swan & Legend first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $180M across 9 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $180M across 7 vehicles
Evidence
52 observations from 3 sources