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SJF Management LLC

Institutional venture firmSEC venture capital fund adviser· Durham, North CarolinaSJFVENTURES.COM

Institutional venture firm, based in Durham, North Carolina, reporting $377M of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$377M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
11
Latest vintage
2026
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (84)Team (12)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

9 additional team members, 37 additional co-investors and affiliates, 91 additional investments, funds and LPs, 6 events, 1 verified contact (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

  1. 1 vehicle
    on Form D, 18 months

    $2.4M reported sold so far.

    A Form D is filed when a vehicle takes its first money, so these are open to LPs now.

    FactSEC Form D filingsFor LPs, fund-of-funds, placement agentsVehicles →
  2. 1 company
    portfolio raising

    One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 16 Jul 2026 ($5M round).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactPress release wires (PR Newswire, GlobeNewswire)For Co-investors, LPs, lendersInvestments →
  3. 3 deals
    with OWL Ventures

    Invests most often alongside OWL Ventures (3 shared deals) and Grotech Management Company (3 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

Relationship network

145 connected entities16 observed rounds4 repeat counterparties1 dated round shown here, 2015

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
  • Sponsor
  • 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 SJF 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 SJF Management LLC

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

Investing

84 companies on record, 0 new in 12 months
Investments on record
84 companies, 16 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Ambient Fuelsportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Aseptiaportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Authoriumportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Stated thesis versus observed behaviour
100 observed deals
Stated (the firm’s website)
Sectors
ai, healthcare
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
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (4)Energy, utilities and infrastructure (1)
lead rate no observed dealsfollow-on rate 67%new companies, 12 months 0

Team

12 current, 0 departed
Decision makers
who to call first, and why; then everyone else by function
  • Alan Sanders Kelley · Managing Director
    Why this person: Managing director; Named with investment responsibility
  • David Alan Kirkpatrick · Managing Director
    Why this person: Managing director; Named with investment responsibility
  • Arrun Dave Kapoor · Manager - Sjf Management Llc
    Why 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
12 current, 0 departed
Contacts
1 firm phone

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

Funds and LPs

9 vehicles, 0 LPs disclosed
Funds and vehicles
9 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
SJF Ventures VIA, L.P.Fund2026 form d first saleFundraisingunknownunknown$2.4MSep 11, 2026
SJF Ventures V, L.P.Fund2021 adv first reportedMature$179M
Mar 30, 2026
157unknownunknown
SJF Ventures V a, L.P.Fund2020 form d first saleMature$17.8M
Mar 30, 2026
44$89.7M
of $175M
Dec 8, 2020
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
7 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Surdna Foundation IncFOUNDATIONSJF Ventures IV, LP$1.9M
fair value on the foundation's return
reported as of Jun 30, 2025Fact IRS Form 990 / 990-PF e-file returns
Surdna Foundation IncFOUNDATIONSJF Ventures V, L.P.$1.5M
fair value on the foundation's return
reported as of Jun 30, 2025Fact IRS Form 990 / 990-PF e-file returns
Jacob and Hilda Blaustein Foundation IncFOUNDATIONSJF Ventures IV, LP$1.0M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

52 co-investors · on 2 other DFX graphs
Co-investors
52 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 5 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

SJF Management LLC is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 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…

Capital chain

SJF Management LLC sits on 5 traced paths of capital across the graphs.

Allocator commitments to a manager

DFX traced 5 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

11 dated events, 64 observations from 4 sources
Timeline
11 dated events
  1. Jan 1, 2022
    Daniel Geballe joined Schedule A of SJF Management LLC as Manager - Sjf Management Llc
    Person joinedPeopleFactDaniel GeballeForm ADV
  2. Mar 31, 2021
    SJF Ventures V a, L.P. first reported on Form ADV by SJF Management LLC (Venture Capital Fund), GAV $14,934,087
    Fund first reported on Form ADVFundsFactSJF Ventures V a, L.P.Form ADV
  3. Mar 31, 2021
    SJF Ventures V, L.P. first reported on Form ADV by SJF Management LLC (Venture Capital Fund), GAV $136,095,255
    Fund first reported on Form ADVFundsFactSJF Ventures V, L.P.Form ADV
  4. Mar 27, 2017
    SJF Ventures Iva, LP first reported on Form ADV by SJF Management LLC (Venture Capital Fund), GAV $7,919,266
    Fund first reported on Form ADVFundsFactSJF Ventures Iva, LPForm ADV
  5. Mar 27, 2017
    SJF Ventures IV, LP first reported on Form ADV by SJF Management LLC (Venture Capital Fund), GAV $116,490,707
    Fund first reported on Form ADVFundsFactSJF Ventures IV, LPForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 6 private fundsShow
Headquarters
Durham, NCadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
SJFVENTURES.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 30, 2026
Private funds reported
6 (6 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$377Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $381M across 9 vehicles
  2. Sep 15, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $384M across 8 vehicles
  3. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $171M across 4 vehicles
Evidence
69 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 30, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 30, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 27, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 27, 2024FactForm ADV
First Form ADV filing2012-04-03Mar 30, 2026FactForm ADV
First Form ADV filing2012-04-03Mar 27, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2024-03-27Mar 27, 2024FactForm ADV
SEC statusERA - ActiveMar 30, 2026FactForm ADV
SEC status effective2012-04-03Mar 30, 2026FactForm ADV
Venture share of reported funds1Mar 30, 2026FactForm ADV
Venture share of reported funds1Mar 27, 2024FactForm ADV
Business phoneMar 30, 2026FactForm ADV
Business phoneMar 27, 2024FactForm ADV
Contact page urlSep 30, 2026Factno URL
Contact page urlSep 16, 2026Factno URL
HeadquartersDurham, NCMar 30, 2026FactForm ADV
HeadquartersDurham, NCMar 27, 2024FactForm ADV
Office addressMar 30, 2026FactForm ADV
Office addressMar 27, 2024FactForm ADV
Legal formLimited Liability CompanyMar 30, 2026FactForm ADV
Legal formLimited Liability CompanyMar 27, 2024FactForm ADV
Portfolio pageSep 30, 2026Factno URL
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 13, 2026Factno URL
Private funds reported6Mar 30, 2026FactForm ADV
Private funds reported6Mar 30, 2026FactForm ADV
Private funds reported8Mar 27, 2024FactForm ADV
Private fund gross assets (reported)$377MMar 30, 2026FactForm ADV
Private fund gross assets (reported)$377MMar 30, 2026FactForm ADV
Private fund gross assets (reported)$384MMar 27, 2024FactForm ADV
Schedule a diffsadiff-1Mar 30, 2026FactForm ADV
Stated sectorsAI, healthcare
“sector words on the home page”
Sep 30, 2026Factno URL
Stated sectorsAI, healthcare
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsAI, healthcare
“sector words on the home page”
Sep 13, 2026Factno URL
Team pageSep 30, 2026Factno URL
Team pageSep 16, 2026Factno URL
Team pageSep 13, 2026Factno URL
Venture funds reported6Mar 30, 2026FactForm ADV
Venture funds reported6Mar 30, 2026FactForm ADV
Venture funds reported8Mar 27, 2024FactForm ADV
WebsiteMar 27, 2024FactForm ADV
Site titleSep 30, 2026Factno URL
Site titleSep 16, 2026Factno URL
Site titleSep 13, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShow
Importance
63
high
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $381M across 9 vehicles

The inputs behind each score
importance
gav: $0 · funds: 0.75 · people: 0.68 · investments: 0.74 · co investors: 0.69
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: 9 · reported gav: $377M · first adv filing: 2012-04-03 · years since first filing: 14.5

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
    2012-04-03source 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.