DFX Intelligence
Cincytech, LLC
Institutional venture firmSEC exempt reporting adviserClassification probable· Cincinnati, OhioCINCYTECHUSA.COM
We invest in innovative founders tackling the world’s complex challenges. Partnering early, we help transform ideas into world-class companies.
In the firm's own words, from its website.
As of · the latest observation of this organization; filed figures are as of its latest Form ADV
As of · the latest observation of this organization; filed figures are as of its latest Form ADV
26 additional team members, 11 additional co-investors and affiliates, 50 additional investments, funds and LPs, 55 events, 7 verified contacts (6 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 departurepeople, 12 months
A team member departed (seen on or before 16 Sep 2026, the day it happened is not on record).
A partner leaving or arriving changes who decides, and who a founder or LP should call.
InferenceVenture organization websites (about, team, portfolio, thesis, news pages)For Founders, LPs, recruiters →
People to know
View all people- Life Sciences PartnerWhy: Partner: part of the investment decisionNo route on file yet
- Vice President, InvestmentsWhy: Runs the firm (chief executive or president)No route on file yet
- Elected Manager And MemberWhy: Named with investment responsibilityProfile
Relationship network
93 connected entities3 observed rounds1 repeat counterparty
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
›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 Cincytech, LLC: 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 Cincytech, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
31 companies on record, 0 new in 12 months
Investments on record
What these amounts mean“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.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.31 companies, 3 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| 5Four Digital® | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
| A Disruptive Approach to Precision Therapies | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
| Abre | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
35 observed deals
Stated (the firm’s website)
- Sectors
- ai, healthcare, biotech, medtech, climate, space, industrial
- Stages
- seed
- 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
Industries, each company once
Healthcare services (2)Hardware and deep tech, Software or Tech-enabled and IT services (1)
lead rate 100%follow-on rate 50%new companies, 12 months 0
Team
24 current, 11 departed
Decision makers
who to call first, and why; then everyone else by function
- Kenneth Morand · Life Sciences PartnerWhy this person: Partner: part of the investment decision; Named with investment responsibility
- Sean Kwiat · Vice President, InvestmentsWhy this person: Runs the firm (chief executive or president); Named with investment responsibility
- Emma Off · Elected Manager And MemberWhy this person: Named with investment responsibilityLinkedIn or profile link on file (firm website), confirmed 2026-09-30, confidence 90%
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. 1 with a route on file. 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
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.24 current, 11 departed
- Elected Manager And Member
- Life Sciences Partner
- Vice President, Investments
9 departed (kept with end dates)
- David Adams · Board Member · Aug 1, 2017 to Mar 30, 2023 Inference
- Sara Risch · Advisor · ? to Sep 16, 2026 Inference
- Vada Hill · Board Member · Sep 1, 2019 to Mar 30, 2023 Inference
Contacts
1 firm phone, 6 professional url
1 firm phone, 6 professional url on record, each with its source. Values open with the complete profile.
Funds and LPs
16 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV 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.16 reported, 9 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Cincinnati Cornerstone Investors Inv, LLC | Fund | 2023 adv first reported | Active deployment | $2.7M Mar 25, 2026 | 9 | unknown | unknown |
| Fireroad Ventures Fund I, LLC | Fund | 2023 form d first sale | Active deployment | unknown | unknown | $2.0M of $10.0M | May 14, 2024 |
| Cincytech Fund VI LLC | Fund | 2022 form d first sale | Fundraising | $17.0M Mar 25, 2026 | 25 | $34.4M of $100M | Jun 27, 2025 |
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
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.
Relationships across DFX
14 co-investors · on 2 other DFX graphs
Co-investors
14 counted from shared deals, for the whole firm
- 2026-10-011 shared deal · one time
- 2026-10-011 shared deal · one time
- 2026-10-011 shared deal · one time
Across DFX and the capital chainon 2 other DFX graphs ShowHide
Across DFX
- Sponsor-market profile (matched by same CRD)
- The same institution is held on Independent Sponsors, Private Equity, matched by identifier. See which records
Across the graphs
Cincytech, LLC is the same institution as 2 records in Independent Sponsors and Private Equity.
Independent Sponsors1Private Equity1
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…
Evidence and history
60 dated events, 121 observations from 3 sources
Timeline
60 dated events
- seen on or beforeSep 16, 2026Sara Risch (Advisor) no longer on the team page of Cincytech, LLC
- Mar 26, 2024Michael Venerable (Ceo, President, Elected Manager And Additional Regulatory Contact) no longer on Schedule A of Cincytech, LLC
- Mar 26, 2024Abram Gordon (Board Member, Now Board Chair (Eff 8/2022)) no longer on Schedule A of Cincytech, LLC
- Mar 26, 2024Jill Meyer (Board Member; Ceo Of Class A Preferred Member Of Cincytech, Llc) no longer on Schedule A of Cincytech, LLC
- Jan 1, 2024
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 25, 2026 · 9 private fundsShowHide
- Headquarters
- Cincinnati, OHadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- CINCYTECHUSA.COM
- SEC adviser type
- Exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- Private fund adviseradviserinfo.sec.gov
- Latest Form ADV
- Mar 25, 2026
- Private funds reported
- 9 (9 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $117Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Cincinnati USA Regional Chamber of Commerce (Class A Preferred Member), owns 5% to 10%; Cincytech Management, LLC (Class B Common Member), owns 75% or more; Cincytech Sustainability, Inc. (Class A Common Member), owns 5% to 10%
Classification history
Classification history
Every classification this record has carried3 on recordShowHide
- Sep 23, 2026Institutional venture firm (probable, 80%)Venture manager, reported GAV $177M across 16 vehicles
- Sep 12, 2026Institutional venture firm (probable, 80%)Venture manager, reported GAV $88M across 8 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $88M across 7 vehicles
Evidence
122 observations from 3 sources
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Mar 25, 2026 | Fact | Form ADV |
| Why admitted | VC funds reported | Mar 25, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 25, 2026 | Fact | Form ADV |
| SEC exemption claimed | Private fund adviser | Mar 25, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | May 4, 2024 | Fact | Form ADV |
| SEC exemption claimed | Private fund adviser | May 4, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 25, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 25, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 25, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 25, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | May 4, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | May 4, 2024 | Fact | Form ADV |
| First Form ADV filing | 2016-08-17 | Mar 25, 2026 | Fact | Form ADV |
| First Form ADV filing | 2019-12-12 | Mar 25, 2026 | Fact | Form ADV |
| First Form ADV filing | 2019-12-12 | May 4, 2024 | Fact | Form ADV |
| First Form ADV filing | 2016-08-17 | May 4, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-25 | Mar 25, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-25 | Mar 25, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-25 | Mar 25, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-25 | Mar 25, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-05-04 | May 4, 2024 | Fact | Form ADV |
| Latest Form ADV filing | 2024-05-04 | May 4, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 25, 2026 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 25, 2026 | Fact | Form ADV |
| SEC status effective | 2019-12-12 | Mar 25, 2026 | Fact | Form ADV |
| SEC status effective | 2016-08-17 | Mar 25, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 25, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 25, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | May 4, 2024 | Fact | Form ADV |
| Venture share of reported funds | 1 | May 4, 2024 | Fact | Form ADV |
| Business phone | Mar 25, 2026 | Fact | Form ADV | |
| Business phone | Mar 25, 2026 | Fact | Form ADV | |
| Business phone | May 4, 2024 | Fact | Form ADV | |
| Business phone | May 4, 2024 | Fact | Form ADV | |
| Contact page url | Sep 30, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Sep 30, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 12, 2026 | Fact | ||
| Headquarters | Mar 25, 2026 | Fact | Form ADV | |
| Headquarters | Mar 25, 2026 | Fact | Form ADV | |
| Headquarters | May 4, 2024 | Fact | Form ADV | |
| Headquarters | May 4, 2024 | Fact | Form ADV | |
| Office address | Mar 25, 2026 | Fact | Form ADV | |
| Office address | Mar 25, 2026 | Fact | Form ADV | |
| Office address | May 4, 2024 | Fact | Form ADV | |
| Office address | May 4, 2024 | Fact | Form ADV | |
| Self-described type | Venture capital | Sep 30, 2026 | Fact | |
| Self-described type | Venture capital | Sep 16, 2026 | Fact | |
| Self-described type | Venture capital | Sep 12, 2026 | Fact | |
| Legal form | Limited Liability Company | Mar 25, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 25, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | May 4, 2024 | Fact | Form ADV |
| Legal form | Limited Liability Company | May 4, 2024 | Fact | Form ADV |
| PE funds reported | 2 | Mar 25, 2026 | Fact | Form ADV |
| Portfolio page | Sep 30, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 12, 2026 | Fact | ||
| Private funds reported | 9 | Mar 25, 2026 | Fact | Form ADV |
| Private funds reported | 6 | Mar 25, 2026 | Fact | Form ADV |
| Private funds reported | 6 | Mar 25, 2026 | Fact | Form ADV |
| Private funds reported | 9 | Mar 25, 2026 | Fact | Form ADV |
| Private funds reported | 10 | May 4, 2024 | Fact | Form ADV |
| Private funds reported | 6 | May 4, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $117M | Mar 25, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $60.1M | Mar 25, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $60.1M | Mar 25, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $117M | Mar 25, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $117M | May 4, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $88.1M | May 4, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Sep 30, 2026 | Fact | Form ADV |
| Stated sectors | AI, healthcare, biotech, medtech, climate, space, industrial “sector words on the home page” | Sep 30, 2026 | Fact | |
| Stated sectors | AI, healthcare, biotech, medtech, climate, space, industrial “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | AI, healthcare, biotech, medtech, climate, space, industrial “sector words on the home page” | Sep 12, 2026 | Fact | |
| Stated stages | seed “stage words on the home page” | Sep 30, 2026 | Fact | |
| Stated stages | seed “stage words on the home page” | Sep 16, 2026 | Fact | |
| Stated stages | seed “stage words on the home page” | Sep 12, 2026 | Fact | |
| Team page | Sep 30, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 12, 2026 | Fact | ||
| Venture funds reported | 9 | Mar 25, 2026 | Fact | Form ADV |
| Venture funds reported | 4 | Mar 25, 2026 | Fact | Form ADV |
| Venture funds reported | 4 | Mar 25, 2026 | Fact | Form ADV |
| Venture funds reported | 9 | Mar 25, 2026 | Fact | Form ADV |
| Venture funds reported | 10 | May 4, 2024 | Fact | Form ADV |
| Venture funds reported | 4 | May 4, 2024 | Fact | Form ADV |
| Website | Mar 25, 2026 | Fact | Form ADV | |
| Website | May 4, 2024 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 12, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, probableShowHide
Importance
50
elevated
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Institutional venture firm · probableSEC exempt reporting adviser
Venture manager, reported GAV $177M across 16 vehicles
The inputs behind each score
- importance
- gav: 0.38 · funds: 1 · people: 0.24 · investments: 0.57 · co investors: 0.46
- 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: 25 · reported gav: $177M · first adv filing: 2016-08-17 · years since first filing: 10.1
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 filing2016-08-17source 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.