Expa Ec3 Mgmt, LLC
Expa combines design expertise, operational support, and capital to turn bold ideas into category-defining companies.
In the firm's own words, from its website.
16 additional team members, 2 verified contacts (1 general firm email, 1 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 companynew in 12 months
1 new company in the last 12 months.
A firm writing cheques this quarter is one a founder can pitch now.
People to know
View all people- Founding PartnerWhy: Founder of the firmNo route on file yet
- Founding PartnerWhy: Founder of the firmNo route on file yet
- PartnerWhy: Partner: part of the investment decisionNo route on file yet
Relationship network
27 connected entities1 observed roundrounds 2020
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.
- 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 Expa Ec3 Mgmt, 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 Expa Ec3 Mgmt, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
3 companies on record, 1 new in 12 months
Investments on record
What these amounts mean“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.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Aero | portfolio listing | unknown | unknown | unknown | unknown | Sep 12, 2026 | Fact Firm website |
| State Space Labs, Inc. | board seat | unknown · board | Roberto Sanabria (strongly supported) | unknown | unknown | Apr 14, 2026 | Inference Form D |
| Kit | Form D equity offering | unknown · board | Roberto Sanabria (strongly supported) | $2.5M form d sold | unknown | Nov 27, 2020 | Inference Form D |
Stated thesis versus observed behaviour
- 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
Team
20 current, 0 departed
Decision makers
- Garrett Camp · Founding PartnerWhy this person: Founder of the firm; Named with investment responsibility
- Roberto Sanabria · Founding PartnerWhy this person: Founder of the firm; Named with investment responsibility
- Milun Tesovic · PartnerWhy this person: Partner: part of the investment decision; 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
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Founding Partner · 2 deals attributed
- Founding Partner · 1 deal attributed
- Partner
Contacts
1 general firm email, 1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
3 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV 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.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Kindred PAI, L.P. | Fund | 2024 form d first sale | Newly closed | $27.3M Mar 25, 2026 | 5 | $12.8M of $12.8M | Nov 19, 2024 |
| Expa Capital III, L.P. | Fund | unknown | Unknown | $148M Mar 31, 2026 | 45 | $0 of $200M | Apr 16, 2021 |
| Expa-Bcn Manager, LLC | Fund | unknown | Unknown | $2,819 Mar 31, 2026 | 13 | unknown | unknown |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.Relationships across DFX
2 co-investors · on 1 other DFX graph
Co-investors
- 2026-09-121 shared deal · one time
- 2026-04-141 shared deal · one time
Compare portfolios with Powerhouse Ventures, Khosla Ventures, LLC or any firm. Co-investors across the market
Across DFX and the capital chainon 1 other DFX graph ShowHide
- The same institution is held on RIA and Wealth, matched by identifier. See which records
Expa Ec3 Mgmt, LLC is the same institution as 1 record in RIA and Wealth.
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Evidence and history
3 dated events, 65 observations from 3 sources
Timeline
- Mar 31, 2023Expa Ec3 Mgmt, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
- Mar 31, 2023Expa-Bcn Manager, LLC first reported on Form ADV by Expa Ec3 Mgmt, LLC (Venture Capital Fund), GAV $4,850,000
- Mar 31, 2023Expa Capital III, L.P. first reported on Form ADV by Expa Ec3 Mgmt, LLC (Venture Capital Fund), GAV $207,000,000
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 2 private fundsShowHide
- Headquarters
- West Hollywood, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- expa.com
- 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, adviser total
- $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), owns 75% or more
Classification history
Classification history
Every classification this record has carried3 on recordShowHide
- Sep 23, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $175M across 4 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $178M across 4 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $178M across 2 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Apr 1, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Apr 1, 2024 | Fact | Form ADV |
| First Form ADV filing | 2023-03-31 | Mar 31, 2026 | Fact | Form ADV |
| First Form ADV filing | 2023-03-31 | Apr 1, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-04-01 | Apr 1, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 31, 2026 | Fact | Form ADV |
| SEC status effective | 2023-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Apr 1, 2024 | Fact | Form ADV |
| Business phone | Mar 31, 2026 | Fact | Form ADV | |
| Business phone | Apr 1, 2024 | Fact | Form ADV | |
| Contact page url | Sep 30, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Sep 30, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 12, 2026 | Fact | ||
| Headquarters | West Hollywood, CA | Mar 31, 2026 | Fact | Form ADV |
| Headquarters | San Francisco, CA | Apr 1, 2024 | Fact | Form ADV |
| Office address | Mar 31, 2026 | Fact | Form ADV | |
| Office address | Apr 1, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Mar 31, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Apr 1, 2024 | Fact | Form ADV |
| Portfolio page | Sep 30, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 12, 2026 | Fact | ||
| Private funds reported | 2 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 2 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 2 | Apr 1, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $148M | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $148M | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $178M | Apr 1, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 31, 2026 | Fact | Form ADV |
| Stated geography | Austin, boston, canada, global, los angeles, new york, north carolina, seattle “geography words on the home page” | Sep 30, 2026 | Fact | |
| Stated geography | Austin, boston, canada, global, los angeles, new york, north carolina, seattle “geography words on the home page” | Sep 16, 2026 | Fact | |
| Stated geography | Austin, boston, canada, global, los angeles, new york, north carolina, seattle “geography words on the home page” | Sep 12, 2026 | Fact | |
| Stated sectors | AI, enterprise software, healthcare, biotech, climate, defense, cybersecurity, logistics, industrial, media “sector words on the home page” | Sep 30, 2026 | Fact | |
| Stated sectors | AI, enterprise software, healthcare, biotech, climate, defense, cybersecurity, logistics, industrial, media “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | AI, enterprise software, healthcare, biotech, climate, defense, cybersecurity, logistics, industrial, media “sector words on the home page” | Sep 12, 2026 | Fact | |
| Team page | Sep 30, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 12, 2026 | Fact | ||
| Venture funds reported | 2 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 2 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 2 | Apr 1, 2024 | Fact | Form ADV |
| Website | Mar 31, 2026 | Fact | Form ADV | |
| Website | Apr 1, 2024 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 12, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShowHide
Venture manager, reported GAV $175M across 4 vehicles
- importance
- gav: 0.38 · funds: 0.33 · people: 0.36 · investments: 0.18 · co investors: 0
- active deployment
- investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-04-14
- emerging manager
- fund count: 4 · reported gav: $175M · first adv filing: 2023-03-31 · years since first filing: 3.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Adviser's first ADV filing2023-03-31source 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.