Rally Ventures Management, LLC logo

Rally Ventures Management, LLC

Multi-stage venture firmSEC venture capital fund adviser· Minneapolis, MinnesotaRALLYVENTURES.COM

We unite a thriving ecosystem of emerging business technology.

In the firm's own words, from its website.

Reported fund assets
$712M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
2
Investment team
7
Latest vintage
2024
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

13 additional team members, 37 additional co-investors and affiliates, 95 additional investments, funds and LPs, 20 events, 2 verified contacts (2 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. 2 companies
    new in 12 months

    2 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. 2 companies
    portfolio raising

    2 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 22 Jul 2026 ($16.5M 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 →
  3. 13 deals
    with Grotech Management Company

    Invests most often alongside Grotech Management Company (13 shared deals) and SYN Ventures (4 shared deals).

    pair last observed on record 30 Sep 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
  • Managing Director
    Why: Managing director
    No route on file yet
  • Manager
    Why: Named with investment responsibility
    No route on file yet
  • Manager
    Why: Named with investment responsibility
    No route on file yet

Relationship network

158 connected entities32 observed rounds13 repeat counterparties11 dated rounds shown here, 2015 to 2026

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.

What stands out
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 Rally Ventures Management, 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 Rally Ventures Management, LLC

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

Investing

79 companies on record, 2 new in 12 months

Investments on record

79 companies, 31 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Blue Lavaportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Facilitiesportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Oxideportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website

Stated thesis versus observed behaviour

110 observed deals
Stated (the firm’s website)
Sectors
ai, enterprise software, fintech, healthcare, hardware, robotics, space, defense, cybersecurity, b2b, vertical saas
Stages
series a, early
Geography
global
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation
seed 50%series b 50%
Stage at first entry
seed 100%
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (5)
lead rate 50%follow-on rate 67%new companies, 12 months 2

Team

16 current, 2 departed

Decision makers

who to call first, and why; then everyone else by function
  • Jeff Hinck · Managing Director
    Why this person: Managing director; Named with investment responsibility
  • Jeffrey James Hinck · Manager
    Why this person: Named with investment responsibility
  • Justin Kaufenberg · Manager
    Why this person: 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

16 current, 2 departed
3 departed (kept with end dates)

Contacts

2 firm phone

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

Funds and LPs

20 vehicles, 0 LPs disclosed

Funds and vehicles

20 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Rally Ventures Fund V, LLCFund2024 adv first reportedEarly deployment$56.9M
Mar 26, 2026
157unknownunknown
Rally Technology Partners Fund V, L.P.Fund2024 adv first reportedEarly deployment$5.8M
Mar 26, 2026
56$0
of $275M
Mar 30, 2023
Rally Growth Investors VII, LLCGrowth fund2024 adv first reportedEarly deployment$4.0M
Mar 26, 2024
2unknownunknown

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

5 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Commonwealth FundFOUNDATIONRally Ventures IV at Rally Ventures Management, LLC$3.2M
fair value on the foundation's return
reported as of Jun 30, 2025Fact IRS Form 990 / 990-PF e-file returns
Rockefeller Brothers Fund IncFOUNDATIONRally Ventures Fund III, L.P.$10.7M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
Lisa and Douglas Goldman FundFOUNDATIONRally Ventures Fund V, LLC$120,477
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

67 co-investors · on 2 other DFX graphs

Co-investors

67 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 3 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Rally Ventures Management, LLC is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

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…

Capital chain

Rally Ventures Management, LLC sits on 3 traced paths of capital across the graphs.

Allocator commitments to a manager

DFX traced 3 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

25 dated events, 80 observations from 4 sources

Timeline

25 dated events
  1. Mar 26, 2026
    Charles D Beeler (Manager) no longer on Schedule A of Rally Ventures Management, LLC
    Person leftPeopleInferenceCharles D BeelerForm ADV
  2. Mar 26, 2024
    Rally Technology Partners Fund V, L.P. first reported on Form ADV by Rally Ventures Management, LLC (Venture Capital Fund)
    Fund first reported on Form ADVFundsFactRally Technology Partners Fund V, L.P.Form ADV
  3. Mar 26, 2024
    Rally Ventures Fund V, LLC first reported on Form ADV by Rally Ventures Management, LLC (Venture Capital Fund)
    Fund first reported on Form ADVFundsFactRally Ventures Fund V, LLCForm ADV
  4. Mar 26, 2024
    Rally Technology Partners Fund V-A, L.P. first reported on Form ADV by Rally Ventures Management, LLC (Venture Capital Fund)
    Fund first reported on Form ADVFundsFactRally Technology Partners Fund V-A, L.P.Form ADV
  5. Mar 26, 2024
    Thomas H. Peterson (Member) no longer on Schedule A of Rally Ventures Management, LLC
    Person leftPeopleInferenceThomas H. PetersonForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 26, 2026 · 18 private fundsShow
Headquarters
Minneapolis, MNadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.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 26, 2026
Private funds reported
18 (18 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$712Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $719M
  2. Sep 15, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $575M
  3. Sep 12, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $454M

Evidence

81 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 26, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 26, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 26, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 26, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 26, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 26, 2024FactForm ADV
First Form ADV filing2013-05-15Mar 26, 2026FactForm ADV
First Form ADV filing2013-05-15Mar 26, 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 filing2026-03-26Mar 26, 2026FactForm ADV
Latest Form ADV filing2026-03-26Mar 26, 2026FactForm ADV
Latest Form ADV filing2024-03-26Mar 26, 2024FactForm ADV
SEC statusERA - ActiveMar 26, 2026FactForm ADV
SEC status effective2013-05-15Mar 26, 2026FactForm ADV
Venture share of reported funds1Mar 26, 2026FactForm ADV
Venture share of reported funds1Mar 26, 2024FactForm ADV
Business phoneMar 26, 2026FactForm ADV
Business phoneMar 26, 2024FactForm ADV
Contact page urlSep 30, 2026Fact
Contact page urlSep 16, 2026Fact
DescriptionSep 30, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 12, 2026Fact
HeadquartersMinneapolis, MNMar 26, 2026FactForm ADV
HeadquartersMinneapolis, MNMar 26, 2024FactForm ADV
Office addressMar 26, 2026FactForm ADV
Office addressMar 26, 2024FactForm ADV
Legal formLimited Liability CompanyMar 26, 2026FactForm ADV
Legal formLimited Liability CompanyMar 26, 2024FactForm ADV
Portfolio pageSep 30, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 12, 2026Fact
Private funds reported18Mar 26, 2026FactForm ADV
Private funds reported18Mar 26, 2026FactForm ADV
Private funds reported20Mar 26, 2024FactForm ADV
Private fund gross assets (reported)$712MMar 26, 2026FactForm ADV
Private fund gross assets (reported)$712MMar 26, 2026FactForm ADV
Private fund gross assets (reported)$575MMar 26, 2024FactForm ADV
Schedule a diffsadiff-1Mar 26, 2026FactForm ADV
Stated geographyglobal
“geography words on the home page”
Sep 30, 2026Fact
Stated geographyglobal
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyglobal
“geography words on the home page”
Sep 12, 2026Fact
Stated sectorsAI, enterprise software, fintech, healthcare, hardware, robotics, space, defense, cybersecurity, B2B, vertical SAAS
“sector words on the home page”
Sep 30, 2026Fact
Stated sectorsAI, enterprise software, fintech, healthcare, hardware, robotics, space, defense, cybersecurity, B2B, vertical SAAS
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, enterprise software, fintech, healthcare, hardware, robotics, space, defense, cybersecurity, B2B, vertical SAAS
“sector words on the home page”
Sep 12, 2026Fact
Stated stagesSeries a, early
“stage words on the home page”
Sep 30, 2026Fact
Stated stagesSeries a, early
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesSeries a, early
“stage words on the home page”
Sep 12, 2026Fact
Team pageSep 30, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 12, 2026Fact
Venture funds reported18Mar 26, 2026FactForm ADV
Venture funds reported18Mar 26, 2026FactForm ADV
Venture funds reported20Mar 26, 2024FactForm ADV
WebsiteSep 12, 2026FactForm ADV
WebsiteMar 26, 2026FactForm ADV
WebsiteMar 26, 2024FactForm ADV
Site titleSep 30, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 12, 2026Fact
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShow
Importance
67
high
Active deployment
36
elevated
Emerging
0
low
Freshness
100
high
Multi-stage venture firmSEC exempt reporting adviser

Both early and growth/opportunity families, reported GAV $719M

The inputs behind each score
importance
gav: 0.56 · funds: 1 · people: 0.4 · investments: 0.76 · co investors: 0.74
active deployment
investments 12m: 0.38 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-15
emerging manager
fund count: 20 · reported gav: $712M · first adv filing: 2013-05-15 · years since first filing: 13.4

Fits, record history and connections

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

Fits

2 scored matches, best firstas of
  • score 54.6confidence 100%
    Why: sector fit; stage fit; activity; analogous
    Watch: adjacent portfolio
  • score 40.4confidence 90%
    Why: stage fit; activity; cap table

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, 1 dated event on the change ledger, latest event first
  • Merged in
    2026-09-14
  • Adviser's first ADV filing
    2013-05-15source 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.