LUX Capital Management, LLC

Multi-stage venture firmSEC venture capital fund adviserRaising· New York, New YorkLUXCAPITAL.COM

We’re a tight-knit team of big dreamers and deep thinkers obsessed with finding new ways to build a better tomorrow.

In the firm's own words, from its website.

Reported fund assets
$11B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
6
Investment team
16
Latest vintage
2026
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

34 additional team members, 37 additional co-investors and affiliates, 75 additional investments, funds and LPs, 32 events, 53 verified contacts (49 professional url, 2 general firm email, 1 published business 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

  1. 2 vehicles
    on Form D, 18 months

    $50.9M 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. 6 companies
    new in 12 months

    6 new companies in the last 12 months.

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageInvestments →
  3. 4 companies
    portfolio raising

    4 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 12 Aug 2026 ($5B sold on Form D).

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

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →
  4. 1 departure
    people, 12 months

    A team member departed (seen on or before 30 Sep 2026, the day it happened is not on record).

    A partner leaving or arriving changes who decides, and who a founder or LP should call.

    InferenceVenture organization websites (about, team, portfolio, thesis, news pages)Team →
  5. 4 of 5
    enter at Series B+

    Enters mostly at Series B or later: 4 of 5 first entries on record.

    rounds to 30 Sep 2026 · Tells a founder whether their round is one this firm writes.

    Derived5 rounds with a stated stage, against the firm's siteInvestments →

People to know

View all people
  • Managing Member & Co-Cio
    Why: Chief investment officer: owns the allocation decision
    No route on file yet
  • Managing Member & Co-Cio
    Why: Chief investment officer: owns the allocation decision
    No route on file yet
  • Partner and Co-Founder
    Why: Founder of the firm
    Profile

Relationship network

162 connected entities20 observed rounds9 repeat counterparties2 dated rounds shown here, 2026

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.

What stands out
Reading the network
  • Sponsor
  • Company
  • Capital provider
  • 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 LUX Capital 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 LUX Capital Management, LLC

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

Investing

39 companies on record, 6 new in 12 months

Investments on record

39 companies, 16 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
AMCAportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Andurilportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Applied Computeportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website

Stated thesis versus observed behaviour

53 observed deals
Stated (the firm’s website)
Sectors
ai, defense, logistics, gaming, media
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
series b 40%series d plus 40%seed 20%
Stage at first entry
series b 50%seed 25%series d plus 25%
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (3)Life sciences (1)
lead rate 17%follow-on rate 21%new companies, 12 months 6

Team

38 current, 3 departed

Decision makers

who to call first, and why; then everyone else by function
  • Joshua H Wolfe · Managing Member & Co-Cio
    Why this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
  • Peter James Hebert · Managing Member & Co-Cio
    Why this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
  • Josh Wolfe · Partner and Co-Founder
    Why this person: Founder of the firm; Named with investment responsibility; Confirmed current on the firm's own site 2026-10-01
    LinkedIn or profile link on file (firm website, their bio on the firm's website), confirmed 2026-10-01, confidence 90%

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. 1 with a route on file. 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

38 current, 3 departed
3 departed (kept with end dates)
  • Robert B Paull · Elected Manager · Oct 1, 2004 to Jun 26, 2014 Inference
  • Karen Hunt Eliadis · Chief Financial Officer · Jun 1, 2013 to Jan 15, 2014 Inference
  • Kim Tran · Development and Operations · ? to Sep 30, 2026 Inference

Contacts

2 general firm email, 1 published business email, 1 firm phone, 49 professional url

2 general firm email, 1 published business email, 1 firm phone, 49 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

21 vehicles, 1 LPs disclosed

Funds and vehicles

21 reported, 5 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Lux Ventures VIII-B, L.P.Feeder or parallel2026 form d first saleNewly closedunknownunknown$10.0M
of $10.0M
Aug 12, 2026
Lux Ventures VIII-A, L.P.Feeder or parallel2026 form d first saleNewly closedunknownunknown$35.5M
of $35.5M
Sep 10, 2026
Lux Ventures IX Entrepreneurs Fund, L.P.Fund2025 form d first saleNewly closedunknownunknown$5.4M
of $5.4M
Jan 15, 2026

Limited partners

1 LPs, 2 disclosed commitments

Known LPs and allocators

21 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
California Public Employees' Retirement SystemSTATE RETIREMENT SYSTEMPioneer Pier Investments, L.P.$500M
committed
reported as of Dec 31, 2025Fact Pension disclosure
California Public Employees' Retirement SystemSTATE RETIREMENT SYSTEMLUX Ventures Viii, L.P.$300M
committed
reported as of Dec 31, 2025Fact Pension disclosure
Johnny Carson FoundationFOUNDATIONLUX Ventures V, L.P.$2.5M
fair value on the foundation's return
reported as of Jun 30, 2025Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

101 co-investors · on 2 other DFX graphs

Co-investors

101 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 35 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

LUX Capital 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

LUX Capital Management, LLC sits on 35 traced paths of capital across the graphs.

Allocator to VC fund to manager to company

DFX traced 35 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

37 dated events, 69 observations from 4 sources

Timeline

37 dated events
  1. seen on or beforeSep 30, 2026
    Kim Tran (Development and Operations) no longer on the team page of LUX Capital Management, LLC
    Person leftPeopleInferenceKim TranFirm website
  2. seen on or beforeSep 15, 2026
    LUX Capital Management, LLC: INSTITUTIONAL_VC -> MULTI_STAGE_VC (both early and growth/opportunity families, reported GAV $6,683M)
    Classification changedClassificationInference
  3. Jun 30, 2026
    LUX Capital Management, LLC is deploying faster: 4 dated deals in the 90 days to 2026-06-30 against about 2.0 at its rate over the previous 9 months
    Deployment pace changedderived signalInference
  4. Mar 31, 2026
    Pioneer Pier Investments, L.P. first reported on Form ADV by LUX Capital Management, LLC (Venture Capital Fund), GAV $434,014,929
    Fund first reported on Form ADVFundsInferencePioneer Pier Investments, L.P.Form ADV
  5. Mar 31, 2026
    LUX Defense Leaders, L.P. first reported on Form ADV by LUX Capital Management, LLC (Venture Capital Fund), GAV $211,770,579
    Fund first reported on Form ADVFundsInferenceLux Defense Leaders, L.P.Form ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 17 private fundsShow
Headquarters
New York, NYadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
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 31, 2026
Private funds reported
17 (17 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$11Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried4 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $11.2B
  2. Sep 15, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $6.7B
  3. Sep 13, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $4.5B across 14 vehicles
  4. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $4.5B across 10 vehicles

Evidence

76 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 28, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 28, 2024FactForm ADV
First Form ADV filing2012-03-29Mar 31, 2026FactForm ADV
First Form ADV filing2012-03-29Mar 28, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm 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 filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2024-03-28Mar 28, 2024FactForm ADV
SEC statusERA - ActiveMar 31, 2026FactForm ADV
SEC status effective2012-03-29Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 28, 2024FactForm ADV
Business phoneMar 31, 2026FactForm ADV
Business phoneMar 28, 2024FactForm ADV
Contact page urlSep 30, 2026Fact
Contact page urlSep 16, 2026Fact
DescriptionSep 30, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 13, 2026Fact
HeadquartersNew York, NYMar 31, 2026FactForm ADV
HeadquartersNew York, NYMar 28, 2024FactForm ADV
Office addressMar 31, 2026FactForm ADV
Office addressMar 28, 2024FactForm ADV
Legal formLimited Liability CompanyMar 31, 2026FactForm ADV
Legal formLimited Liability CompanyMar 28, 2024FactForm ADV
Portfolio pageSep 30, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 13, 2026Fact
Private funds reported17Mar 31, 2026FactForm ADV
Private funds reported17Mar 31, 2026FactForm ADV
Private funds reported14Mar 28, 2024FactForm ADV
Private fund gross assets (reported)$11BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$11BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$6.7BMar 28, 2024FactForm ADV
Schedule a diffsadiff-1Sep 14, 2026FactForm ADV
Stated sectorsAI, defense, logistics, gaming, media
“sector words on the home page”
Sep 30, 2026Fact
Stated sectorsAI, defense, logistics, gaming, media
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, defense, logistics, gaming, media
“sector words on the home page”
Sep 13, 2026Fact
Team pageSep 30, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 13, 2026Fact
Venture funds reported17Mar 31, 2026FactForm ADV
Venture funds reported17Mar 31, 2026FactForm ADV
Venture funds reported14Mar 28, 2024FactForm ADV
WebsiteMar 28, 2024FactForm ADV
Site titleSep 30, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 13, 2026Fact
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShow
Importance
83
high
Active deployment
86
high
Emerging
0
low
Freshness
100
high
Multi-stage venture firmSEC exempt reporting adviser

Both early and growth/opportunity families, reported GAV $11.2B

The inputs behind each score
importance
gav: 0.92 · funds: 1 · people: 0.68 · investments: 0.64 · co investors: 0.81
active deployment
investments 12m: 0.88 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-30
emerging manager
fund count: 26 · reported gav: $11B · 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

39 scored matches, best firstas of
  • score 55.7confidence 100%
    Why: sector fit; stage fit; activity; analogous
    Watch: adjacent portfolio
  • score 50.4confidence 90%
    Why: stage fit; activity; cap table
  • score 45.4confidence 90%
    Why: stage fit; activity; cap table

+36 more scored matches

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

2 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-15
  • Adviser's first ADV filing
    2012-03-29source 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.