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 / EFF Investment Management, LLC

EFF Investment Management, LLC

Micro VC · probableUSSEC exempt reporting adviser

venture manager, reported GAV $11.2M across 2 vehicles

Importance
4
low
Active deployment
0
low
Emerging
0
low
Completeness
31
moderate
Freshness
99
high
Research priority
1
low
Identity and regulatory footprint
Headquarters
unknown
Office address
180 N. LaSalle St., Suite 2750, CHICAGO, IL, 60601sec.gov
Business phone
312-608-8000adviserinfo.sec.gov
Website
unknown
SEC adviser type
exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Feb 8, 2024
Private funds reported
1 (1 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$11.2Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
business phone
312-608-8000adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
not stated or not yet read
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
2 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
EFF I, LPFundunknownUnknown$11.2M
Feb 8, 2024
42unknownunknown
EFF Investment Management, LLCFundunknownUnknownunknownunknown$0
of $10.0M
Apr 29, 2021
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
1 current, 0 departed
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
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
4 dated events
  1. Sep 15, 2026
    EFF Investment Management, LLC: INSTITUTIONAL_VC -> MICRO_VC (venture manager, reported GAV $11.2M across 1 vehicles)
    Classification changedClassificationInferenceno URL
  2. Apr 4, 2022
    EFF Investment Management, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
  3. Apr 4, 2022
    EFF I, LP first reported on Form ADV by EFF Investment Management, LLC (Venture Capital Fund), GAV $11,150,000
  4. Apr 29, 2021
    EFF I, LP filed Form D: no sales yet of $10,000,000, Venture Capital Fund
    Form D filedFundraisingFactSEC EDGAR Form D data sets (quarterly)
Classification history
  1. Sep 15, 2026
    Micro VC (probable, 80%, cls-1)
    venture manager, reported GAV $11.2M across 2 vehicles
  2. Sep 15, 2026
    Micro VC (probable, 80%, cls-1)
    venture manager, reported GAV $11.2M across 1 vehicles
  3. Sep 12, 2026
    Institutional venture firm (probable, 70%, cls-1)
    venture manager with no reported fund assets yet (scale unknown)
Evidence
28 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeexempt_reporting_adviserFeb 8, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2022-04-04Feb 8, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2024-02-08Feb 8, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Venture share of reported funds1Feb 8, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone312-608-8000Feb 8, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Entity typeLimited PartnershipApr 29, 2021FactSEC EDGAR Form D data sets (quarterly)
Form D fund typeVenture Capital FundApr 29, 2021FactSEC EDGAR Form D data sets (quarterly)
Form D industry groupPooled Investment FundApr 29, 2021FactSEC EDGAR Form D data sets (quarterly)
AmendmentfalseApr 29, 2021FactSEC EDGAR Form D data sets (quarterly)
Revenue range (Form D)Decline to DiscloseApr 29, 2021FactSEC EDGAR Form D data sets (quarterly)
IncorporatedwithinFiveYearsApr 29, 2021FactSEC EDGAR Form D data sets (quarterly)
JurisdictionDELAWAREApr 29, 2021FactSEC EDGAR Form D data sets (quarterly)
Amount sold (Form D)0Apr 29, 2021FactSEC EDGAR Form D data sets (quarterly)
Offering amount (Form D)10,000,000Apr 29, 2021FactSEC EDGAR Form D data sets (quarterly)
Exemptions06b, 3C, 3C.1Apr 29, 2021FactSEC EDGAR Form D data sets (quarterly)
Investors (Form D)0Apr 29, 2021FactSEC EDGAR Form D data sets (quarterly)
Minimum investment (Form D)250,000Apr 29, 2021FactSEC EDGAR Form D data sets (quarterly)
Securities offeredequity,pooledApr 29, 2021FactSEC EDGAR Form D data sets (quarterly)
Office address180 N. LaSalle St., Suite 2750, CHICAGO, IL, 60601Apr 29, 2021FactSEC EDGAR Form D data sets (quarterly)
Legal formLimited Liability CompanyFeb 8, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private funds reported1Feb 8, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$11.2MFeb 8, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Venture funds reported1Feb 8, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Year of incorporation2021Apr 29, 2021FactSEC EDGAR Form D data sets (quarterly)