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 / Emerald Development Managers LP
Emerald Development Managers LP
venture manager, reported GAV $182M across 10 vehicles
Importance
36
elevated
Active deployment
15
moderate
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
9
low
Identity and regulatory footprint
- Headquarters
- New York, NYadviserinfo.sec.gov
- Office address
- 909 THIRD AVENUE, FLOOR 18, New York, NY, 10022-4745adviserinfo.sec.gov
- Business phone
- 212-317-2250adviserinfo.sec.gov
- 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
- Mar 30, 2026
- Private funds reported
- 7 (7 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $191Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Emerald Development Managers LLC (General Partner), NA
- business phone
- 212-317-2250adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
4 observed deals
Stated (the firm’s website)
- Sectors
- ai, enterprise software, healthcare, biotech, climate, deep tech, hardware, space, cybersecurity, industrial, media, quantum
- Stages
- early
- Geography
- globally, new york
- 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 4
Funds and vehicles
10 reported, 3 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Emerald Investor Group II LLC | Fund | 2022 adv first reported | Active deployment | $64.5M Mar 29, 2024 | 40 | unknown | unknown |
| Emerald Investor Group LLC | Fund | 2022 adv first reported | Active deployment | $4.2M Mar 29, 2024 | 11 | unknown | unknown |
| Emerald Investor 2020-01 LLC | Fund | 2020 name year | Mature | $3.0M Mar 29, 2024 | 4 | unknown | unknown |
| Emerald Investor 2018-01 LLC | Fund | 2018 name year | Harvest | $44.4M Mar 29, 2024 | 35 | unknown | unknown |
| Emerald Investor 2017-01 LLC | Fund | 2017 name year | Harvest | $368,538 Mar 29, 2024 | 1 | unknown | unknown |
| Emerald Investor 2016-01 LLC | Fund | 2016 name year | Harvest | $14.6M Mar 29, 2024 | 22 | unknown | unknown |
| Emerald Investor 2016-02 LLC | Fund | 2016 name year | Harvest | $8.2M Mar 29, 2024 | 3 | unknown | unknown |
| Emerald Investor 2015-01 LLC | Fund | 2015 name year | Harvest | $37.3M Mar 29, 2024 | 1 | unknown | unknown |
| Emerald Investor 2012-02 LLC | Fund | 2012 name year | Harvest | $5.5M Mar 29, 2024 | 6 | unknown | unknown |
| Sierra Av 2012-01 LLC | Fund | 2012 name year | Harvest | $0 Mar 29, 2024 | 1 | unknown | unknown |
| Emerald Investor 2014-01 | Fund | 2014 name year | Wound down | $1.1M Mar 25, 2016 | 7 | unknown | unknown |
| Emerald Capital 2012-01 LLC | Fund | 2012 name year | Wound down | $2.0M Mar 25, 2016 | 5 | unknown | unknown |
| Emerald Investor 2012-01 LLC | Fund | 2012 name year | Wound down | $450,000 Mar 30, 2020 | 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
10 current, 1 departed
Beckie Cohen
AssociateAssociate
Youssef Kheiralla
AssociateASSOCIATE
Neil Cohen
Founder or executiveFounder
Josh Smith
Investor relationsDIRECTOR, INVESTOR RELATIONS
Abbe Serphos
Operating partnerOperating Partner and Head of Communications
Show Less
OtherSEE FULL PORTFOLIO & MEDIA
Charles Collins
PartnerPARTNER
Neil Lester Cohen
PartnerMember · since Apr 1, 2008
Cy Schroeder
PrincipalPrincipal
Ian Tolfree
PrincipalPRINCIPAL
1 departed (kept with end dates)
- Stephen H Case · Managing Director And General Counsel · Apr 1, 2008 to Mar 29, 2019 Inference
Investments on record
4 edges, 4 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Artimed | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Cybersecurity / Enterprise Software | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Health Tech / Bio | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Materials Science / Hard Tech | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
“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
1 relationships from shared deals, counted for the whole firm
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
18 dated events
- Mar 25, 2022Emerald Investor Group LLC first reported on Form ADV by Emerald Development Managers LP (Venture Capital Fund), GAV $3,128,003Fund first reported on Form ADVFundsFactEmerald Investor Group LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 25, 2022Emerald Investor Group II LLC first reported on Form ADV by Emerald Development Managers LP (Venture Capital Fund), GAV $30,746,287Fund first reported on Form ADVFundsFactEmerald Investor Group II LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2021Emerald Investor 2012-01 LLC no longer reported on Form ADV by Emerald Development Managers LPFund no longer reportedFundsInferenceEmerald Investor 2012-01 LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2021Emerald Investor 2020-01 LLC first reported on Form ADV by Emerald Development Managers LP (Venture Capital Fund), GAV $1,544,217Fund first reported on Form ADVFundsFactEmerald Investor 2020-01 LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2020Emerald Investor 2018-01 LLC first reported on Form ADV by Emerald Development Managers LP (Venture Capital Fund), GAV $4,699,997Fund first reported on Form ADVFundsFactEmerald Investor 2018-01 LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2020Emerald Investor 2015-01 LLC first reported on Form ADV by Emerald Development Managers LP (Venture Capital Fund), GAV $2,251,353Fund first reported on Form ADVFundsFactEmerald Investor 2015-01 LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2020Emerald Investor 2017-01 LLC first reported on Form ADV by Emerald Development Managers LP (Venture Capital Fund), GAV $210,000Fund first reported on Form ADVFundsFactEmerald Investor 2017-01 LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2019Emerald Investor 2016-01 LLC first reported on Form ADV by Emerald Development Managers LP (Venture Capital Fund), GAV $4,149,413Fund first reported on Form ADVFundsFactEmerald Investor 2016-01 LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2019Emerald Investor 2016-02 LLC first reported on Form ADV by Emerald Development Managers LP (Venture Capital Fund), GAV $1,400,000Fund first reported on Form ADVFundsFactEmerald Investor 2016-02 LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2019Stephen H Case (Managing Director And General Counsel) no longer on Schedule A of Emerald Development Managers LP
- Mar 30, 2017Emerald Capital 2012-01 LLC no longer reported on Form ADV by Emerald Development Managers LPFund no longer reportedFundsInferenceEmerald Capital 2012-01 LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2017Emerald Investor 2014-01 no longer reported on Form ADV by Emerald Development Managers LPFund no longer reportedFundsInferenceEmerald Investor 2014-01SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 25, 2016Emerald Investor 2014-01 first reported on Form ADV by Emerald Development Managers LP (Venture Capital Fund), GAV $1,094,449Fund first reported on Form ADVFundsFactEmerald Investor 2014-01SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 25, 2016Emerald Capital 2012-01 LLC first reported on Form ADV by Emerald Development Managers LP (Venture Capital Fund), GAV $2,002,888Fund first reported on Form ADVFundsFactEmerald Capital 2012-01 LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 5, 2013Emerald Development Managers LP 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)
- Jul 5, 2013Sierra Av 2012-01 LLC first reported on Form ADV by Emerald Development Managers LP (Private Equity Fund), GAV $6,659,984Fund first reported on Form ADVFundsFactSierra Av 2012-01 LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 5, 2013Emerald Investor 2012-02 LLC first reported on Form ADV by Emerald Development Managers LP (Private Equity Fund), GAV $657,267Fund first reported on Form ADVFundsFactEmerald Investor 2012-02 LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 5, 2013Emerald Investor 2012-01 LLC first reported on Form ADV by Emerald Development Managers LP (Private Equity Fund), GAV $43,340,016Fund first reported on Form ADVFundsFactEmerald Investor 2012-01 LLCSEC 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 $182M across 10 vehicles
Evidence
58 observations from 3 sources