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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Firms / B•• C••• C•••••• L••
B•• C••• C•••••• L••
Institutional venture firmSan Rafael, CAb•••••••••.comSEC venture capital fund adviserone firm, 2 filing advisers
This firm files as 2 advisers on b•••••••••.com: B•• C••• C•••••• G• X•••• I••••••••• M••••••••• C•. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
venture manager, reported GAV $90M across 2 vehicles
Importance
21
moderate
Active deployment
4
low
Emerging
0
low
Completeness
56
elevated
Freshness
99
high
Research priority
6
low
Identity and regulatory footprint
- Headquarters
- San Rafael, CAadviserinfo.sec.gov
- Office address
- 1000 4TH STREET, SUITE 500, San Rafael, CA, 94901adviserinfo.sec.gov
- Business phone
- 415-321-9236adviserinfo.sec.gov
- Website
- b•••••••••.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 11, 2024
- Private funds reported
- 2 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $90.0Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 415-321-9236adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- biotech
- Stages
- not stated or not yet read
- Geography
- worldwide
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
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
2 reported, 6 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| B•• C••• C•••••• F••• V• L• | Fund | unknown | Unknown | $88.3M Mar 11, 2024 | 65 | unknown | unknown |
| B•• C••• C•••••• F••• V• C••••••••• F•••• L• | SPV or co-invest vehicle | unknown | Unknown | $1.7M Mar 11, 2024 | 42 | unknown | unknown |
| B•• C••• C•••••• F••• I•• L• | Fund | unknown | Wound down | $440M Mar 28, 2023 | 47 | unknown | unknown |
| B•• C••• C•••••• F••• I• C••••••••• F•••• L• | SPV or co-invest vehicle | unknown | Wound down | $5.6M Oct 12, 2021 | 47 | unknown | unknown |
| B•• C••• C•••••• F••• I•• L• | Fund | unknown | Wound down | $5.1M Dec 17, 2015 | 6 | unknown | unknown |
| B•• C••• C•••••• F••• I••• L• | Fund | unknown | Wound down | $1.3M Mar 29, 2017 | 6 | unknown | unknown |
| B•• C••• C•••••• F••• I• C••••••••• F•••• L• | SPV or co-invest vehicle | unknown | Wound down | $535,925 Dec 17, 2015 | 34 | unknown | unknown |
| B•• C••• C•••••• F••• I•• C••••••••• F•••• L• | SPV or co-invest vehicle | unknown | Wound down | $233,838 Mar 29, 2017 | 35 | unknown | unknown |
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
3 current, 9 departed
M••••• L•••••••••
OtherManaging Directors
F•••••••• B•••••• C•••••
PartnerManaging Director, Member · since Jun 1, 1997
S•••• H••• V••••
Platform and operationsChief Financial Officer · since Nov 1, 2015
9 departed (kept with end dates)
- G••• P••••••• P••••• · Trustee · Dec 1, 2003 to Sep 25, 2012 Inference
- M••••••• E••••• E•••••••• · Trustee · Dec 1, 2003 to Sep 25, 2012 Inference
- P•••• P••••••• · Trustee · Dec 1, 2003 to Sep 25, 2012 Inference
- T••••• J•• P••••••• · Trustee · Dec 1, 2003 to Sep 25, 2012 Inference
- C••• S••••• G••••••••• · Managing Director, Member · Jan 1, 2000 to Mar 21, 2019 Inference
- K•••• K•••• B••••••• · Managing Director & Chief Administrative Officer · Jun 1, 1997 to Dec 17, 2015 Inference
- N••••••• J• P••••••• · Member · Dec 1, 2003 to Sep 25, 2012 Inference
- S•••••• S• Z••••••• · Member · Jan 1, 2000 to Mar 21, 2019 Inference
- J••• Y••••••• K•• · Managing Director & Chief Financial Officer · Apr 1, 1998 to Dec 2, 2015 Inference
Investments on record
1 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| u•••••• y••• b•••••• | portfolio listing | unknown | unknown | unknown | unknown | Sep 13, 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
10 relationships from shared deals, counted for the whole firm
Aperture Management LLC 1 shared · one timeArch Venture Partners 1 shared · one timeCMT Asset Management LLC 1 shared · one timeRally Ventures Management, LLC 1 shared · one timeArctaris Impact Investors 1 shared · one timeMarketriders 1 shared · one timeA1 Management Co. LLC 1 shared · one timeBoston Millennia Partners 1 shared · one timeAIR Street Capital II LP 1 shared · one timeAbbaei 1 shared · one time
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
25 dated events
- Mar 11, 2024B•• C••• C•••••• F••• I•• L• no longer reported on Form ADV by B•• C••• C•••••• L••Fund no longer reportedFundsInferenceB•• C••• C•••••• F••• I•• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2022B•• C••• C•••••• F••• I• C••••••••• F•••• L• no longer reported on Form ADV by B•• C••• C•••••• L••Fund no longer reportedFundsInferenceB•• C••• C•••••• F••• I• C••••••••• F•••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 21, 2019S•••••• S• Z••••••• (Member) no longer on Schedule A of B•• C••• C•••••• L••
- Mar 21, 2019C••• S••••• G••••••••• (Managing Director, Member) no longer on Schedule A of B•• C••• C•••••• L••
- Mar 28, 2018B•• C••• C•••••• F••• I•• C••••••••• F•••• L• no longer reported on Form ADV by B•• C••• C•••••• L••Fund no longer reportedFundsInferenceB•• C••• C•••••• F••• I•• C••••••••• F•••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2018B•• C••• C•••••• F••• I••• L• no longer reported on Form ADV by B•• C••• C•••••• L••Fund no longer reportedFundsInferenceB•• C••• C•••••• F••• I••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2016B•• C••• C•••••• F••• I•• L• no longer reported on Form ADV by B•• C••• C•••••• L••Fund no longer reportedFundsInferenceB•• C••• C•••••• F••• I•• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2016B•• C••• C•••••• F••• I• C••••••••• F•••• L• no longer reported on Form ADV by B•• C••• C•••••• L••Fund no longer reportedFundsInferenceB•• C••• C•••••• F••• I• C••••••••• F•••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Dec 17, 2015K•••• K•••• B••••••• (Managing Director & Chief Administrative Officer) no longer on Schedule A of B•• C••• C•••••• L••
- Dec 2, 2015J••• Y••••••• K•• (Managing Director & Chief Financial Officer) no longer on Schedule A of B•• C••• C•••••• L••
- Nov 1, 2015S•••• H••• V•••• joined Schedule A of B•• C••• C•••••• L•• as Chief Financial Officer
- Sep 25, 2012G••• P••••••• P••••• (Trustee) no longer on Schedule A of B•• C••• C•••••• L••
- Sep 25, 2012N••••••• J• P••••••• (Member) no longer on Schedule A of B•• C••• C•••••• L••
- Sep 25, 2012T••••• J•• P••••••• (Trustee) no longer on Schedule A of B•• C••• C•••••• L••
- Sep 25, 2012M••••••• E••••• E•••••••• (Trustee) no longer on Schedule A of B•• C••• C•••••• L••
- Sep 25, 2012P•••• P••••••• (Trustee) no longer on Schedule A of B•• C••• C•••••• L••
- Mar 30, 2012B•• C••• C•••••• L•• first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012B•• C••• C•••••• F••• V• C••••••••• F•••• L• first reported on Form ADV by B•• C••• C•••••• L•• (Venture Capital Fund), GAV $7,224,037Fund first reported on Form ADVFundsFactB•• C••• C•••••• F••• V• C••••••••• F•••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012B•• C••• C•••••• F••• I• C••••••••• F•••• L• first reported on Form ADV by B•• C••• C•••••• L•• (Venture Capital Fund), GAV $5,161,922Fund first reported on Form ADVFundsFactB•• C••• C•••••• F••• I• C••••••••• F•••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012B•• C••• C•••••• F••• I•• C••••••••• F•••• L• first reported on Form ADV by B•• C••• C•••••• L•• (Venture Capital Fund), GAV $940,076Fund first reported on Form ADVFundsFactB•• C••• C•••••• F••• I•• C••••••••• F•••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012B•• C••• C•••••• F••• I• C••••••••• F•••• L• first reported on Form ADV by B•• C••• C•••••• L•• (Venture Capital Fund), GAV $975,197Fund first reported on Form ADVFundsFactB•• C••• C•••••• F••• I• C••••••••• F•••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012B•• C••• C•••••• F••• V• L• first reported on Form ADV by B•• C••• C•••••• L•• (Venture Capital Fund), GAV $385,753,237Fund first reported on Form ADVFundsFactB•• C••• C•••••• F••• V• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012B•• C••• C•••••• F••• I•• L• first reported on Form ADV by B•• C••• C•••••• L•• (Venture Capital Fund), GAV $228,678,787Fund first reported on Form ADVFundsFactB•• C••• C•••••• F••• I•• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012B•• C••• C•••••• F••• I••• L• first reported on Form ADV by B•• C••• C•••••• L•• (Venture Capital Fund), GAV $27,307,260Fund first reported on Form ADVFundsFactB•• C••• C•••••• F••• I••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012B•• C••• C•••••• F••• I•• L• first reported on Form ADV by B•• C••• C•••••• L•• (Venture Capital Fund), GAV $14,913,281Fund first reported on Form ADVFundsFactB•• C••• C•••••• F••• I•• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $90M across 2 vehicles
Evidence
47 observations from 2 sources