DFX Intelligence
Venture Capital Intelligence
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 / Grandbanks Capital Inc.
Grandbanks Capital Inc.
Institutional venture firm · probableUSgrandbankscapital.comSEC exempt reporting adviserpart of GrandBanks Capital
One of 2 advisers that share grandbankscapital.com; the firm is GrandBanks Capital. Grandbanks Capital Management Company LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
venture manager with no reported fund assets yet (scale unknown)
Importance
14
low
Active deployment
0
low
Emerging
0
low
Completeness
38
elevated
Freshness
98
high
Research priority
4
low
Identity and regulatory footprint
- Headquarters
- unknown
- Office address
- unknown
- Business phone
- 781-997-4300adviserinfo.sec.gov
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Dec 22, 2023
- Private funds reported
- 1 (1 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $73.1Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 781-997-4300adviserinfo.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
- 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: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
0 reported, 3 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| 1625 | Fund | unknown | Wound down | $5.0M Mar 26, 2019 | 14 | unknown | unknown |
| 1624 | Fund | unknown | Wound down | $2.5M Mar 26, 2019 | 7 | unknown | unknown |
| 1623 | Fund | unknown | Wound down | $53,508 Mar 26, 2019 | 16 | unknown | unknown |
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
3 current, 0 departed
Charles Reiner Lax
Founder or executivePresident · since Sep 1, 2000
Timothy John Wright
General partnerGeneral Partner · since Feb 1, 2007
Stefan Dmytro Kurylo
Platform and operationsChief Financial Officer · since Nov 1, 2011
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
28 relationships from shared deals, counted for the whole firm
Hivemind Capital Partners LLC 1 shared · one timeOrei Advisors LP 1 shared · one timeArctaris Impact Investors 1 shared · one timeFTV Capital 1 shared · one timeGreenridge Growth Partners 1 shared · one timeCresta Fund Management LLC 1 shared · one timeNCN 1 shared · one timeRally Ventures Management, LLC 1 shared · one timeHakluyt Capital Limited 1 shared · one timeNSV Management LLC 1 shared · one timeKamerra Holdings, LLC 1 shared · one timeCarnelian Energy Capital Management, LP 1 shared · one time5th Century Partners 1 shared · one timeMcwhorter Ventures, LLC 1 shared · one timeDN Capital (US), Inc 1 shared · one timeUnless Management LP 1 shared · one timePlural Uk Management 1 shared · one time4x4 Capital 1 shared · one timeRice Park Capital 1 shared · one timeFGC Management Co., LLC 1 shared · one timeSamsara Biocapital, LLC 1 shared · one timeLAS Olas Venture Capital 1 shared · one timeSofinnova Investments, Inc. 1 shared · one timeTritium Partners 1 shared · one timeBlueprint Local LLC 1 shared · one timeDFJ Growth 1 shared · one timeMorgenthaler Management Corporation 1 shared · one timeUncommon Denominator Management LLC 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
8 dated events
- Mar 31, 20201623 no longer reported on Form ADV by Grandbanks Capital Inc.Fund no longer reportedFundsInference1623SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 20201624 no longer reported on Form ADV by Grandbanks Capital Inc.Fund no longer reportedFundsInference1624SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 20201625 no longer reported on Form ADV by Grandbanks Capital Inc.Fund no longer reportedFundsInference1625SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 20121623 first reported on Form ADV by Grandbanks Capital Inc. (Venture Capital Fund), GAV $1,281,510Fund first reported on Form ADVFundsFact1623SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 20121626 first reported on Form ADV by Grandbanks Capital Inc. (Venture Capital Fund), GAV $79,388,887Fund first reported on Form ADVFundsFact1626SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012Grandbanks Capital Inc. first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 20121624 first reported on Form ADV by Grandbanks Capital Inc. (Venture Capital Fund), GAV $33,401,909Fund first reported on Form ADVFundsFact1624SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 20121625 first reported on Form ADV by Grandbanks Capital Inc. (Venture Capital Fund), GAV $49,449,084Fund first reported on Form ADVFundsFact1625SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (probable, 70%, cls-1)venture manager with no reported fund assets yet (scale unknown)
Evidence
25 observations from 1 source