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 / Bullvc Fund Management LLC

Bullvc Fund Management LLC

Micro VC · probableBrentwood, TNbullvc.comSEC exempt reporting adviser

We buy stock from founders & employees of startup companies who are looking for liquidity. Our goal is to help make the sale of your stock go as smoothly as possible.

venture manager, reported GAV $43.4M across 1 vehicles

Importance
16
moderate
Active deployment
26
moderate
Emerging
0
low
Completeness
56
elevated
Freshness
100
high
Research priority
10
low
Identity and regulatory footprint
Headquarters
Brentwood, TNadviserinfo.sec.gov
Office address
5141 VIRGINIA WAY, SUITE 100, Brentwood, TN, 37027adviserinfo.sec.gov
Business phone
(415) 741-1149adviserinfo.sec.gov
Website
https://www.bullvc.com/
SEC adviser type
exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
private fund adviseradviserinfo.sec.gov
Latest Form ADV
Feb 25, 2026
Private funds reported
1 (1 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$33.4Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
business email
contact@bullvc.combullvc.compublished by the subject
business phone
(415) 741-1149adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
7 observed deals
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
not stated or not yet read
Geography
not stated
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 n/afollow-on rate n/anew logos, 12 months 7
Funds and vehicles
1 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Bullvc Fund, LLCFundunknownUnknown$43.4M
Feb 5, 2024
86unknownunknown
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
5 current, 0 departed
Shawn Bercuson
Managing Partner
Managing partner
FactVenture organization websites (about, team, portfolio, thesis, news pages)
Wes Donohoe
Managing Partner
Managing partner
FactVenture organization websites (about, team, portfolio, thesis, news pages)
Matthew Saul
Manager · since Jul 1, 2020
Partner
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Shawn M Bercuson
Manager · since Jul 1, 2020
Partner
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Wesley Donohoe
Manager · since Jul 1, 2020
Partner
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Investments on record
7 edges, 7 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Bluevineportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Dailypayportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Easypostportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
investorsportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Mountainportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Onfidoportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Plumeportfolio listingunknownunknownunknownunknownSep 16, 2026Fact 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
24 relationships from shared deals, counted for the whole firm
IN Venture 1 shared · one timeMotley Fool Ventures 1 shared · one timeSignalfire 1 shared · one timeConstruct Capital Management, LLC 1 shared · one timeCarrick Capital Partners 1 shared · one timeHaun Ventures Management LP 1 shared · one timeMerus Capital Management Company, LLC 1 shared · one timeHivemind Capital Partners LLC 1 shared · one timeDeepwater Asset Management, LLC 1 shared · one time83North 1 shared · one timeAzolla Management Company, LP 1 shared · one timeSwan & Legend 1 shared · one timeViewpoint Ventures 1 shared · one timeHyde Park Venture Partners 1 shared · one timeBlue Bear Investment Group, LLC 1 shared · one timeAurora Management LLC 1 shared · one timeMenlo Ventures 1 shared · one time137 Ventures Management, LLC 1 shared · one timeVertex Ventures 1 shared · one timeVesey Ventures LP 1 shared · one timeRPM Ventures 1 shared · one time1984 Ventures Management, LLC 1 shared · one timeSection Partners 1 shared · one timeA.capital Ventures 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
2 dated events
  1. Dec 21, 2020
    Bullvc Fund Management LLC first filed Form ADV (ERA)
    First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  2. Dec 21, 2020
    Bullvc Fund, LLC first reported on Form ADV by Bullvc Fund Management LLC (Private Equity Fund)
    Fund first reported on Form ADVFundsFactBullvc Fund, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
  1. Sep 12, 2026
    Micro VC (probable, 80%, cls-1)
    venture manager, reported GAV $43.4M across 1 vehicles
Evidence
43 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedvc_funds_reportedFeb 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedprivate_fund_adviserFeb 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedprivate_fund_adviserFeb 5, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC adviser typeexempt_reporting_adviserFeb 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeexempt_reporting_adviserFeb 5, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2020-12-21Feb 5, 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 filing2026-02-25Feb 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Latest Form ADV filing2024-02-05Feb 5, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC statusERA - ActiveFeb 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC status effective2020-12-21Feb 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture share of reported funds1Feb 5, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone(415) 741-1149Feb 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Business phone(415) 741-1149Feb 5, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Contact page urlhttps://www.bullvc.com/contact
“contact page linked from the home page”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionWe buy stock from founders & employees of startup companies who are looking for liquidity. Our goal is to help make the sale of your stock go as smoothly as possible.
“meta description”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionWe buy stock from founders & employees of startup companies who are looking for liquidity. Our goal is to help make the sale of your stock go as smoothly as possible.
“meta description”
Sep 13, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
HeadquartersBrentwood, TNFeb 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
HeadquartersBrentwood, TNFeb 5, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address5141 VIRGINIA WAY, SUITE 100, Brentwood, TN, 37027Feb 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Office address5141 VIRGINIA WAY, SUITE 100, Brentwood, TN, 37027Feb 5, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Legal formLimited Liability CompanyFeb 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Legal formLimited Liability CompanyFeb 5, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Portfolio pagehttps://www.bullvc.com/investments
“7 entries read”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Portfolio pagehttps://www.bullvc.com/investments
“7 entries read”
Sep 13, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Private funds reported1Feb 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private funds reported1Feb 5, 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)$33.4MFeb 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private fund gross assets (reported)$43.4MFeb 5, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Team pagehttps://www.bullvc.com/team
“2 name/title pairs read”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://www.bullvc.com/team
“2 name/title pairs read”
Sep 13, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported1Feb 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture funds reported1Feb 5, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Websitehttps://www.bullvc.com/Feb 25, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Websitehttps://www.bullvc.com/Feb 5, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site titleBullVC | A Secondary Stock Investment Fund
“title tag”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleBullVC | A Secondary Stock Investment Fund
“title tag”
Sep 13, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)