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Firms / U• I••••••••• T••••••••• C•••••• M••••••••• L••

U• I••••••••• T••••••••• C•••••• M••••••••• L••

Institutional venture firm · probablePittsburgh, PAu•••••••.comSEC registered investment adviser

venture manager, reported GAV $1,048M across 5 vehicles

Importance
29
moderate
Active deployment
25
moderate
Emerging
0
low
Completeness
50
elevated
Freshness
100
high
Research priority
14
low
Identity and regulatory footprint
Office address
••• Lockeda•••••••••.s••.gov
Business phone
••• Lockeda•••••••••.s••.gov
SEC adviser type
registered investment advisera•••••••••.s••.gov
SEC exemption claimed
unknown
Latest Form ADV
Aug 19, 2026
Private funds reported
7 (3 venture capital funds)a•••••••••.s••.gov
Private fund gross assets
$8.4Ba•••••••••.s••.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$7.0Bthe adviser's RAUM, a regulatory measure, never a fund size
Employees
14
Owners on Schedule A
U• I••••••••• T••••••••• H•••••••• L•• (Holding Entity), E
business phone
312-948-9899adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
not stated or not yet read
Geography
united states
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: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
5 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
U••• I• L• I• L•Fund2025 form d first saleFundraisingunknownunknown$11.6MDec 8, 2025
U• I••••••••• T••••••••• P••••••• F••• I•• L•Feeder or parallel2025 form d first saleFundraisingunknownunknown$1.0BJul 11, 2025
U• I••••••••• T••••••••• F••• I•• L•Fund2025 form d first saleFundraisingunknownunknown$37.0MSep 10, 2025
U• I••••••••• T••••••••• P••••••• F•••• L•Feeder or parallel2024 adv first reportedEarly deployment$870M
May 1, 2024
4unknownunknown
U• I••••••••• T••••••••• F••• L•Fund2023 adv first reportedActive deployment$177M
May 1, 2024
20unknownunknown
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
4 current, 0 departed
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted 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.
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
5 dated events
Classification history
  1. Sep 12, 2026
    Institutional venture firm (probable, 80%, cls-1)
    venture manager, reported GAV $1,048M across 5 vehicles
  2. Sep 12, 2026
    Institutional venture firm (probable, 80%, cls-1)
    venture manager, reported GAV $1,048M across 2 vehicles
Evidence
51 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedvc_funds_reportedAug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeregistered_investment_adviserAug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeregistered_investment_adviserMay 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2022-09-01May 1, 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 filing2026-08-19Aug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Latest Form ADV filing2024-05-01May 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC statusApprovedAug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC status effective2022-09-30Aug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture share of reported funds1May 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone••• LockedAug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Business phone••• LockedMay 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Employees14Aug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Employees10May 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
HeadquartersCoraopolis, PAAug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
HeadquartersPittsburgh, PAMay 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address••• LockedAug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Office address••• LockedMay 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Legal formLimited Liability CompanyAug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
PE funds reported4Aug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private funds reported7Aug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private funds reported2May 1, 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)$8.4BAug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private fund gross assets (reported)$1.0BMay 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Regulatory AUM (adviser, not fund size)$7.0BAug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Regulatory AUM (adviser, not fund size)$2.4BMay 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Stated geographyunited states
geography words on the home page
Sep 22, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyunited states
geography words on the home page
Sep 21, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyunited states
geography words on the home page
Sep 20, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyunited states
geography words on the home page
Sep 19, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyunited states
geography words on the home page
Sep 18, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyunited states
geography words on the home page
Sep 17, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyunited states
geography words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyunited states
geography words on the home page
Sep 13, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported3Aug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture funds reported2May 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Website••• LockedAug 19, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Website••• LockedMay 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site titleUSIT
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Sep 22, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleUSIT
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Sep 21, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleUSIT
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Sep 20, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleUSIT
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Sep 19, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleUSIT
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Sep 18, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleUSIT
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Sep 17, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleUSIT
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleUSIT
title tag
Sep 13, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)