137 Ventures Management, LLC
137 Ventures is a multi-stage venture capital firm, investing across sectors with flexible capital. 137's core model is to provide structured liquidity to founders and executives, but also transacts through direct secondaries and primary financings. 137 Ventures' strategy provides founders a differentiated way to access liquidity vs. traditional secondary.
In the firm's own words, from its website.
22 additional team members, 37 additional co-investors and affiliates, 110 additional investments, funds and LPs, 75 events, 29 verified contacts (27 professional url, 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
- 2 departurespeople, 12 months
A team member departed on 15 Apr 2026. 2 departures on record in 12 months.
A partner leaving or arriving changes who decides, and who a founder or LP should call.
InferenceIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)For Founders, LPs, recruitersTeam → - 7 companiesportfolio raising
7 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 30 Sep 2026 ($251M round).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
- 13 dealswith Founders Fund
Invests most often alongside Founders Fund (13 shared deals) and Sequoia Capital (13 shared deals).
pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.
Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →
People to know
View all people- Managing PartnerWhy: Managing partner: runs the firmNo route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
Relationship network
179 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.
- 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 137 Ventures 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 137 Ventures Management, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
72 companies on record, 0 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 |
|---|---|---|---|---|---|---|---|
| Abridge AI Inc. | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
| Agari | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
| AgentSync | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- not stated or not yet read
- Stages
- multi stage
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
28 current, 7 departed
Decision makers
- Sebastian Ferus · Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibility
- Justin Phillip Fishner-Wolfson · Managing MemberWhy this person: 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.- Managing Member
- Managing Partner
- Managing Member
5 departed (kept with end dates)
- Alda Leu Dennis · Partner · Mar 1, 2013 to Mar 19, 2019 Inference
- Andrew Philip Laszlo · Partner · Sep 1, 2012 to Apr 15, 2026 Fact
- Elizabeth Bailey Weil · Partner · May 1, 2016 to May 29, 2019 Inference
Contacts
1 general firm email, 1 firm phone, 27 professional url on record, each with its source. Values open with the complete profile.
Funds and LPs
32 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 |
|---|---|---|---|---|---|---|---|
| 137 Holdings Ai II, LLC | Fund · ADV: Private Equity Fund | 2024 adv first reported | Early deployment | $255M Apr 15, 2026 | 37 | $0 | Nov 28, 2023 |
| 137 Holdings Sxx, LLC | Fund · ADV: Private Equity Fund | 2024 adv first reported | Early deployment | $126M Mar 28, 2024 | 414 | $0 | Jul 18, 2023 |
| 137 Holdings Sxxi, LLC | Fund · ADV: Private Equity Fund | 2024 adv first reported | Early deployment | $39.1M Mar 28, 2024 | 1583 | $0 | Dec 28, 2023 |
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.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Commonwealth Fund | FOUNDATION | 137 Holdings Ai II, LLC | $5.6M fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| Richard King Mellon Foundation Dtd 01-01-47 | FOUNDATION | 137 Holdings Sxv, LLC | $2.0M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| Rockefeller Brothers Fund Inc | FOUNDATION | 137 Holdings Ai II, LLC | $5.7M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
Relationships across DFX
127 co-investors · on 5 other DFX graphs
Co-investors
- 2026-10-0113 shared deals · very strong
- 2026-10-0113 shared deals · very strong
- 2026-09-3012 shared deals · very strong
Compare portfolios with Founders Fund LLC, Sequoia Capital, LUX Capital Management, LLC or any firm. Co-investors across the market
Across DFX and the capital chainon 5 other DFX graphs · 3 capital paths ShowHide
- Sponsor-market profile (matched by same CRD)
- The same institution is held on Allocators, Independent Sponsors, Private Equity, RIA and Wealth, Private Credit, matched by identifier. See which records
137 Ventures Management, LLC is the same institution as 5 records in Allocators, Independent Sponsors, Private Equity, RIA and Wealth and Private Credit.
DFX found 5 relationships across 5 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
137 Ventures Management, LLC sits on 3 traced paths of capital across the graphs.
DFX traced 3 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Evidence and history
80 dated events, 81 observations from 4 sources
Timeline
- seen on or beforeSep 23, 2026137 Ventures Management, LLC: MULTI_STAGE_VC -> PE_WITH_VENTURE_ACTIVITY (registered adviser; venture funds are 38% of 42 private funds)Classification changedClassificationInference
- Apr 15, 2026Sarah Anne Pikover (Chief Compliance Officer) no longer on Schedule A of 137 Ventures Management, LLC
- Apr 15, 2026Andrew Philip Laszlo (Partner) no longer on Schedule A of 137 Ventures Management, LLC
- Mar 28, 2024137 Holdings Sxii, LLC no longer reported on Form ADV by 137 Ventures Management, LLC
- Mar 28, 2024137 Holdings Sxxi, LLC first reported on Form ADV by 137 Ventures Management, LLC (Private Equity Fund), GAV $39,100,000
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Apr 15, 2026 · 42 private fundsShowHide
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- 137VENTURES.COM
- SEC adviser type
- Registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Apr 15, 2026
- Private funds reported
- 42 (7 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $13Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $12Bthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 25
Classification history
Classification history
Every classification this record has carried3 on recordShowHide
- Sep 23, 2026Private equity with venture activity (probable, 75%)Registered adviser; venture funds are 38% of 42 private funds
- Sep 15, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $4.5B
- Sep 12, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $4.4B
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC funds reported | Apr 15, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Apr 15, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Apr 15, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Mar 28, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-03-29 | Apr 15, 2026 | Fact | Form ADV |
| First Form ADV filing | 2012-03-29 | Mar 28, 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 | 2026-04-15 | Apr 15, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-04-15 | Apr 15, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-28 | Mar 28, 2024 | Fact | Form ADV |
| SEC status | Approved | Apr 15, 2026 | Fact | Form ADV |
| SEC status effective | 2015-06-30 | Apr 15, 2026 | Fact | Form ADV |
| Venture share of reported funds | 0 | Apr 15, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 28, 2024 | Fact | Form ADV |
| Business phone | Apr 15, 2026 | Fact | Form ADV | |
| Business phone | Mar 28, 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 13, 2026 | Fact | ||
| Employees | 25 | Apr 15, 2026 | Fact | Form ADV |
| Employees | 21 | Mar 28, 2024 | Fact | Form ADV |
| Headquarters | San Francisco, CA | Apr 15, 2026 | Fact | Form ADV |
| Headquarters | San Francisco, CA | Mar 28, 2024 | Fact | Form ADV |
| Office address | Apr 15, 2026 | Fact | Form ADV | |
| Office address | Mar 28, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Apr 15, 2026 | Fact | Form ADV |
| PE funds reported | 35 | Apr 15, 2026 | Fact | Form ADV |
| Portfolio page | Sep 30, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 13, 2026 | Fact | ||
| Private funds reported | 42 | Apr 15, 2026 | Fact | Form ADV |
| Private funds reported | 42 | Apr 15, 2026 | Fact | Form ADV |
| Private funds reported | 31 | Mar 28, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $13B | Apr 15, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $13B | Apr 15, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $4.5B | Mar 28, 2024 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $12B | Apr 15, 2026 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $3.6B | Mar 28, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Apr 15, 2026 | Fact | Form ADV |
| Stated stages | Multi stage “stage words on the home page” | Sep 30, 2026 | Fact | |
| Stated stages | Multi stage “stage words on the home page” | Sep 16, 2026 | Fact | |
| Stated stages | Multi stage “stage words on the home page” | Sep 13, 2026 | Fact | |
| Team page | Sep 30, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 13, 2026 | Fact | ||
| Venture funds reported | 7 | Apr 15, 2026 | Fact | Form ADV |
| Venture funds reported | 7 | Apr 15, 2026 | Fact | Form ADV |
| Venture funds reported | 9 | Mar 28, 2024 | Fact | Form ADV |
| Website | Mar 28, 2024 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 13, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersPrivate equity with venture activity, probableShowHide
Registered adviser; venture funds are 38% of 42 private funds
- importance
- gav: 0.84 · funds: 0.67 · people: 0.64 · investments: 0.69 · scale basis: Venture-typed funds only (Private equity with venture activity): 8 funds, $6.0B of $9.5B reported · co investors: 0.85
- 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: 49 · reported gav: $9.5B · first adv filing: 2012-03-29 · years since first filing: 14.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Fits
- score 45.5confidence 100%Why: sector fit; geography fit; activity; analogousWatch: adjacent portfolio
- score 30.7confidence 90%Why: stage fit; activity; cap table
- score 30.7confidence 90%Why: stage fit; activity; cap table
+1 more scored match
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.
Record history
- Organization classification changed2026-09-23
- Adviser's first ADV filing2012-03-29source 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.