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 / Cherubic Ventures Advisors Ltd.
Cherubic Ventures Advisors Ltd.
Cherubic Ventures is an early stage focused venture capital firm based in Silicon Valley and Greater China.
name or self-description says seed
Importance
27
moderate
Active deployment
29
moderate
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
11
low
Identity and regulatory footprint
- Headquarters
- Grand Cayman, Cayman Islandsadviserinfo.sec.gov
- Office address
- WALKERS CORPORATE LIMITED, 190 ELGIN AVENUE, GEORGE TOWN, Grand Cayman, KY1-9008adviserinfo.sec.gov
- Business phone
- +1 284 494 9820adviserinfo.sec.gov
- Website
- https://cherubic.com/
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- private fund adviseradviserinfo.sec.gov
- Latest Form ADV
- Mar 20, 2024
- Private funds reported
- 5 (5 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $439Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- bp@cherubic.comcherubic.compublished by the subject
- business email
- pr@cherubic.comcherubic.compublished by the subject
- business phone
- +1 284 494 9820adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- enterprise software, healthcare, consumer, energy, space, media
- Stages
- not stated or not yet read
- Geography
- global, japan, silicon valley, worldwide
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- seed
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 1
Funds and vehicles
7 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Cherubic Ventures VI Principals Ltd. | Feeder or parallel | 2025 form d first sale | Fundraising | unknown | unknown | $100,000 | Jan 12, 2026 |
| Cherubic Ventures Fund VI, L.P. | Fund | 2024 form d first sale | Fundraising | unknown | unknown | $5.8M | Jan 8, 2026 |
| Cherubic Ventures Fund V, L.P. | Feeder or parallel | 2020 form d first sale | Mature | $120M Mar 20, 2024 | 45 | $6.2M | Nov 24, 2021 |
| Cherubic Annex Fund I, L.P. | Continuation vehicle | 2019 form d first sale | Mature | $19.5M Mar 20, 2024 | 21 | $4.0M | Jul 28, 2021 |
| Cherubic Ventures Fund IV, L.P. | Fund | 2018 form d first sale | Harvest | $99.8M Mar 20, 2024 | 45 | $1.5M | Mar 7, 2018 |
| Cherubic Ventures Fund II, L.P. | Fund | 2015 form d first sale | Harvest | $120M Mar 20, 2024 | 54 | $3.0M of $42.0M | Aug 6, 2015 |
| Cherubic Ventures Fund III, L.P. | Fund | 2015 form d first sale | Harvest | $79.6M Mar 20, 2024 | 52 | $2.6M | Feb 2, 2016 |
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
11 current, 0 departed
Cherubic X Calm
Founder or executiveThe Power of Founder Market Fit
Cherubic X Tezign
Founder or executive— Fan Ling, Founder and CEO of Tezign
Fan Lin
Founder or executive— Fan Ling, Founder and CEO of Tezign
Founders’ Go-To Person
Founder or executive— Ryan Petersen, CEO of Flexport
Industry Leading Telehealth Platform
Founder or executive— Andrew Dudum, CEO & Co-founder of Hims & Hers.
Founder or executive
Pivoting Toward Success
Founder or executive— Russell Cummer, Founder of Paidy
Russell Cummer
Founder or executive— Russell Cummer, Founder of Paidy
Steven Ho
Founder or executive— Steven Ho, Chairman of 91APP
Matt Cheng
General partnerDirector / Shareholder Of Cherubic Ventures Fund V Gp Ltd. · since Sep 1, 2020
Investments on record
1 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Podcast | 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
2 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
7 dated events
- Sep 12, 2026Cherubic Ventures Advisors Ltd.: INSTITUTIONAL_VC -> SEED_FUND_MANAGER (name or self-description says seed)Classification changedClassificationInferenceno URL
- Mar 31, 2021Cherubic Ventures Fund V, L.P. first reported on Form ADV by Cherubic Ventures Advisors Ltd. (Venture Capital Fund), GAV $53,550,000Fund first reported on Form ADVFundsFactCherubic Ventures Fund V, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 14, 2020Cherubic Ventures Fund IV, L.P. first reported on Form ADV by Cherubic Ventures Advisors Ltd. (Venture Capital Fund), GAV $119,000,000Fund first reported on Form ADVFundsFactCherubic Ventures Fund IV, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 14, 2020Cherubic Ventures Advisors Ltd. 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)
- Feb 14, 2020Cherubic Ventures Fund II, L.P. first reported on Form ADV by Cherubic Ventures Advisors Ltd. (Venture Capital Fund), GAV $84,200,000Fund first reported on Form ADVFundsFactCherubic Ventures Fund II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 14, 2020Cherubic Ventures Fund III, L.P. first reported on Form ADV by Cherubic Ventures Advisors Ltd. (Venture Capital Fund), GAV $107,000,000Fund first reported on Form ADVFundsFactCherubic Ventures Fund III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 14, 2020Cherubic Annex Fund I, L.P. first reported on Form ADV by Cherubic Ventures Advisors Ltd. (Venture Capital Fund), GAV $19,000,000Fund first reported on Form ADVFundsFactCherubic Annex Fund I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 13, 2026Seed fund manager (probable, 80%, cls-1)name or self-description says seed
- Sep 12, 2026Institutional venture firm (probable, 80%, cls-1)venture manager, reported GAV $439M across 7 vehicles
- Sep 12, 2026Institutional venture firm (probable, 80%, cls-1)venture manager, reported GAV $439M across 5 vehicles
Evidence
34 observations from 2 sources