ETA Capital Fund Management, LLC

Micro VCSEC venture capital fund adviserEmerging manager· Cincinnati, Ohiominoritybusinessaccelerator.com

We are Committed to High-⁠Growth Founders At The Excellerator, we help you accelerate your business, cultivate your growth strategy, secure corporate clients and capital to scale, creating economic mobility and long-term sustainable success Contact Us Apply Today Kala Gibson CBE Board Chair Chief Corporate Responsibility Officer, Fifth Third Bank Who We Are The Cincinnati Business Excellerator (formerly the Minority Business Accelerator) is […]

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

Reported fund assets
$26.3M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
3
Latest vintage
2024
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (11)Team (13)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

10 additional team members, 8 additional investments, funds and LPs, 7 verified contacts (6 professional url, 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.

Nothing material in the last 180 days.

People to know

View all people
  • Calvin Buford
    Partner
    Why: Partner: part of the investment decision
    Profile
  • Destini Brodi
    Investment Principal
    Why: Principal on the deal team
    No route on file yet
  • Michael Fisher
    Managing Director
    Why: Managing director
    No route on file yet

Relationship network

25 connected entities

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.

Reading the network
  • Company
  • Fund or vehicle
  • Person

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 ETA Capital Fund 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 ETA Capital Fund Management, LLC

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

Investing

11 companies on record, 0 new in 12 months
Investments on record
11 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Che International Groupportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
DDX Transportportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
IDSportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Stated thesis versus observed behaviour
11 observed deals
Stated (the firm’s website)
Sectors
climate, logistics, media
Stages
not stated or not yet read
Geography
midwest
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 100%
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

13 current, 1 departed
Decision makers
who to call first, and why; then everyone else by function
  • Calvin Buford · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
    LinkedIn or profile link on file (firm website), confirmed 2026-09-30, confidence 90%
  • Destini Brodi · Investment Principal
    Why this person: Principal on the deal team; Named with investment responsibility
  • Michael Fisher · Managing Director
    Why this person: Managing director; 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. 1 with a route on file. 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
13 current, 1 departed
Contacts
1 firm phone, 6 professional url

1 firm phone, 6 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

1 vehicle, 0 LPs disclosed
Funds and vehicles
1 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
ETA Capital Fund I, LLCFund2024 form d first saleEarly deployment$26.3M
Sep 13, 2026
17$26.3M
of $100M
Dec 20, 2024
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
0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

0 co-investors
Co-investors
0 counted from shared deals, 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.

Evidence and history

2 dated events, 38 observations from 3 sources
Timeline
2 dated events
  1. Sep 12, 2026
    ETA Capital Fund I, LLC first reported on Form ADV by ETA Capital Fund Management, LLC, GAV $26,327,500
    Fund first reported on Form ADVFundsFactETA Capital Fund I, LLCForm ADV
  2. Dec 19, 2025
    ETA Capital Fund Management, LLC appears on the SEC adviser roster (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed May 18, 2026 · 1 private fundsShow
Headquarters
Cincinnati, OHadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
minoritybusinessaccelerator.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
May 18, 2026
Private funds reported
1 (1 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$26.3Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Cincinnati USA Regional Chamber (Member), owns 75% or more
Classification history
Every classification this record has carried1 on recordShow
  1. Sep 12, 2026
    Micro VC (confirmed, 95%)
    Venture manager, reported GAV $26.3M across 1 vehicle
Evidence
38 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMay 18, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMay 18, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMay 18, 2026FactForm ADV
Latest Form ADV filing2026-05-18May 18, 2026FactForm ADV
Adv pdf loadedadv-pdf-1Sep 13, 2026FactForm ADV
SEC statusERA - ActiveMay 18, 2026FactForm ADV
SEC status effective2025-12-19May 18, 2026FactForm ADV
Business phoneMay 18, 2026FactForm ADV
Contact page urlSep 30, 2026FactFirm website
Contact page urlSep 16, 2026FactFirm website
DescriptionSep 30, 2026FactFirm website
DescriptionSep 16, 2026FactFirm website
DescriptionSep 13, 2026FactFirm website
HeadquartersCincinnati, OHMay 18, 2026FactForm ADV
Office addressMay 18, 2026FactForm ADV
Legal formLimited Liability CompanyMay 18, 2026FactForm ADV
Portfolio pageSep 30, 2026FactFirm website
Portfolio pageSep 16, 2026FactFirm website
Portfolio pageSep 13, 2026FactFirm website
Private funds reported1May 18, 2026FactForm ADV
Private fund gross assets (reported)$26.3MMay 18, 2026FactForm ADV
Stated geographymidwest
“geography words on the home page”
Sep 30, 2026FactFirm website
Stated geographymidwest
“geography words on the home page”
Sep 16, 2026FactFirm website
Stated geographymidwest
“geography words on the home page”
Sep 13, 2026FactFirm website
Stated sectorsClimate, logistics, media
“sector words on the home page”
Sep 30, 2026FactFirm website
Stated sectorsClimate, logistics, media
“sector words on the home page”
Sep 16, 2026FactFirm website
Stated sectorsClimate, logistics, media
“sector words on the home page”
Sep 13, 2026FactFirm website
Team pageSep 30, 2026FactFirm website
Team pageSep 16, 2026FactFirm website
Team pageSep 13, 2026FactFirm website
Venture funds reported1May 18, 2026FactForm ADV
WebsiteMay 18, 2026FactForm ADV
Website resolved domaincbexcell.comSep 30, 2026FactFirm website
Website resolved domaincbexcell.comSep 16, 2026FactFirm website
Website resolved domaincbexcell.comSep 14, 2026FactFirm website
Site titleSep 30, 2026FactFirm website
Site titleSep 16, 2026FactFirm website
Site titleSep 13, 2026FactFirm website
How this is scored
Scores, classification basis and filing advisersMicro VC, confirmedShow
Importance
16
moderate
Active deployment
25
moderate
Emerging
90
high
Freshness
100
high
Micro VCSEC exempt reporting adviser

Venture manager, reported GAV $26.3M across 1 vehicle

The inputs behind each score
importance
gav: $0 · funds: 0.08 · people: 0.12 · investments: 0.4 · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 1 · reported gav: $26.3M · first adv filing: 2025-12-19 · years since first filing: 0.8

Fits, record history and connections

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

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2025-12-19source 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.