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 / Expa Ec3 Mgmt, LLC

Expa Ec3 Mgmt, LLC

Institutional venture firmSan Francisco, CAexpa.comSEC venture capital fund adviser

Expa combines design expertise, operational support, and capital to turn bold ideas into category-defining companies.

venture manager, reported GAV $178M across 4 vehicles

Importance
26
moderate
Active deployment
33
moderate
Emerging
0
low
Completeness
75
high
Freshness
99
high
Research priority
11
low
Identity and regulatory footprint
Headquarters
West Hollywood, CAadviserinfo.sec.gov
Office address
8605 SANTA MONICA BLVD #79245, West Hollywood, CA, 90069adviserinfo.sec.gov
Business phone
415-500-6680adviserinfo.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 31, 2026
Private funds reported
2 (2 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$148Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
RMG Revocable Trust (Member), E
business email
hello@expa.comexpa.compublished by the subject
business phone
415-500-6680adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
Sectors
ai, enterprise software, healthcare, biotech, climate, defense, cybersecurity, logistics, industrial, media
Stages
not stated or not yet read
Geography
austin, boston, canada, global, los angeles, new york, north carolina, seattle
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
unknown 50%Other Technology 50%
lead rate n/afollow-on rate n/anew logos, 12 months 2
Funds and vehicles
3 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Kindred PAI, L.P.Fund2024 form d first saleNewly closedunknownunknown$12.8M
of $12.8M
Nov 19, 2024
Expa Capital III, L.P.FundunknownUnknown$173M
Apr 1, 2024
45$0
of $200M
Apr 16, 2021
Expa-Bcn Manager, LLCFundunknownUnknown$4.8M
Apr 1, 2024
13unknownunknown
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
19 current, 0 departed
Investments on record
2 edges, 2 companies, 1 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Aeroportfolio listingunknownunknownunknownunknownSep 12, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
State Space Labs, Inc.board seatunknown · boardRoberto Sanabria (strongly supported)unknownunknownApr 14, 2026Inference SEC EDGAR Form D data sets (quarterly)
“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
3 dated events
  1. Mar 31, 2023
    Expa Ec3 Mgmt, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
  2. Mar 31, 2023
    Expa-Bcn Manager, LLC first reported on Form ADV by Expa Ec3 Mgmt, LLC (Venture Capital Fund), GAV $4,850,000
  3. Mar 31, 2023
    Expa Capital III, L.P. first reported on Form ADV by Expa Ec3 Mgmt, LLC (Venture Capital Fund), GAV $207,000,000
Classification history
  1. Sep 12, 2026
    Institutional venture firm (confirmed, 95%, cls-1)
    venture manager, reported GAV $178M across 4 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%, cls-1)
    venture manager, reported GAV $178M across 2 vehicles
Evidence
43 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedvc_exemption,vc_funds_reportedMar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserMar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserApr 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC adviser typeexempt_reporting_adviserMar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeexempt_reporting_adviserApr 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2023-03-31Apr 1, 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 filing2026-03-31Mar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Latest Form ADV filing2024-04-01Apr 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC statusERA - ActiveMar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC status effective2023-03-31Mar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture share of reported funds1Apr 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone415-500-6680Mar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Business phone415-500-6680Apr 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Contact page urlhttps://www.expa.com/contact/
contact page linked from the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionExpa combines design expertise, operational support, and capital to turn bold ideas into category-defining companies.
meta description
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionExpa combines design expertise, operational support, and capital to turn bold ideas into category-defining companies.
meta description
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
HeadquartersWest Hollywood, CAMar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
HeadquartersSan Francisco, CAApr 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address8605 SANTA MONICA BLVD #79245, West Hollywood, CA, 90069Mar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Office address660 4TH STREET, #193, San Francisco, CA, 94107Apr 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Legal formLimited Liability CompanyMar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Legal formLimited Liability CompanyApr 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Portfolio pagehttps://www.expa.com/companies/aero/
0 entries read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Portfolio pagehttps://www.expa.com/companies/aero/
1 entries read
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Private funds reported2Mar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private funds reported2Apr 1, 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)$148MMar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private fund gross assets (reported)$178MApr 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Stated geographyaustin,boston,canada,global,los angeles,new york,north carolina,seattle
geography words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyaustin,boston,canada,global,los angeles,new york,north carolina,seattle
geography words on the home page
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsai,enterprise_software,healthcare,biotech,climate,defense,cybersecurity,logistics,industrial,media
sector words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsai,enterprise_software,healthcare,biotech,climate,defense,cybersecurity,logistics,industrial,media
sector words on the home page
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://www.expa.com/team/
17 name/title pairs read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://www.expa.com/team/
17 name/title pairs read
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported2Mar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture funds reported2Apr 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Websitehttps://expa.comMar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Websitehttps://expa.comApr 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site titleExpa
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleExpa
title tag
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)