Tsvc Management LLC

Institutional venture firmSEC exempt reporting adviserRaisingClassification probable· Los Altos, CaliforniaTSVCAP.COM

Institutional venture firm, based in Los Altos, California, reporting $98.4M of fund assets on its funds' Form ADV filings.

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

Reported fund assets
$98.4M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
13
Latest vintage
2026
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (5)Team (18)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

15 additional team members, 1 additional co-investor or affiliate, 3 additional investments, funds and LPs, 2 verified contacts (1 firm phone, 1 professional url)

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

    $19.6M 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 →

People to know

View all people
  • Chun Xia
    Managing Member
    Why: Named with investment responsibility
    No route on file yet
  • Eugene Zhang
    Managing Member
    Why: Named with investment responsibility
    No route on file yet
  • Spencer Greene
    Managing Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

31 connected entities

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 Tsvc 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 Tsvc Management LLC

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

Investing

5 companies on record, 0 new in 12 months
Investments on record
5 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Blueprint Registryportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Bot Orangeportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Exaportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Stated thesis versus observed behaviour
5 observed deals
Stated (the firm’s website)
Sectors
ai, deep tech, hardware, logistics, media
Stages
seed
Geography
austin
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
Life sciences (1)
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

18 current, 0 departed
Decision makers
who to call first, and why; then everyone else by function
  • Chun Xia · Managing Member
    Why this person: Named with investment responsibility
  • Eugene Zhang · Managing Member
    Why this person: Named with investment responsibility
  • Spencer Greene · Managing Member
    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
18 current, 0 departed
Contacts
1 firm phone, 1 professional url

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

Funds and LPs

4 vehicles, 0 LPs disclosed
Funds and vehicles
4 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
TSVC Fund VI, LPFund2026 form d first saleFundraisingunknownunknown$19.6M
of $120M
Apr 13, 2026
Tsvc Fund V, LPFund2021 form d first saleMature$44.4M
Mar 31, 2026
86$57.4M
of $57.4M
Aug 21, 2023
Teec Angel Fund IV, LP (DBA Tsvc, LP)Seed fundunknownUnknown$50.5M
Mar 31, 2026
50unknownunknown
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
0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

4 co-investors · on 1 other DFX graph
Co-investors
4 counted from shared deals, for the whole firm
Across DFX and the capital chainon 1 other DFX graph Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

Tsvc Management LLC is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Evidence and history

4 dated events, 57 observations from 3 sources
Timeline
4 dated events
  1. Mar 31, 2026
    Teec Angel Fund IV, LP (DBA Tsvc, LP) first reported on Form ADV by Tsvc Management LLC (Venture Capital Fund), GAV $50,467,107
    Fund first reported on Form ADVFundsInferenceTeec Angel Fund IV, LP (DBA Tsvc, LP)Form ADV
  2. Mar 31, 2026
    Tsvc Fund VI, LP first reported on Form ADV by Tsvc Management LLC (Venture Capital Fund), GAV $3,568,962
    Fund first reported on Form ADVFundsInferenceTsvc Fund VI, LPForm ADV
  3. Oct 14, 2024
    Tsvc Management LLC first filed Form ADV (ERA)
    First SEC adviser filingOrganizationFactForm ADV
  4. Oct 14, 2024
    Tsvc Fund V, LP first reported on Form ADV by Tsvc Management LLC (Venture Capital Fund), GAV $53,004,139
    Fund first reported on Form ADVFundsFactTsvc Fund V, LPForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 3 private fundsShow
Headquarters
Los Altos, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
TSVCAP.COM
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Private fund adviseradviserinfo.sec.gov
Latest Form ADV
Mar 31, 2026
Private funds reported
3 (3 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$98.4Madviserinfo.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 (probable, 80%)
    Venture manager, reported GAV $98M across 4 vehicles
  2. Sep 12, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $54M across 2 vehicles
  3. Sep 12, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $54M across 1 vehicle
Evidence
64 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedMar 31, 2026FactForm ADV
SEC exemption claimedPrivate fund adviserMar 31, 2026FactForm ADV
SEC exemption claimedPrivate fund adviserOct 21, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserOct 21, 2024FactForm ADV
First Form ADV filing2024-10-14Mar 31, 2026FactForm ADV
First Form ADV filing2024-10-14Oct 21, 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 filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2024-10-21Oct 21, 2024FactForm ADV
SEC statusERA - ActiveMar 31, 2026FactForm ADV
SEC status effective2024-10-14Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 31, 2026FactForm ADV
Venture share of reported funds1Oct 21, 2024FactForm ADV
Business phoneMar 31, 2026FactForm ADV
Business phoneOct 21, 2024FactForm ADV
Contact page urlSep 30, 2026Factno URL
Contact page urlSep 16, 2026Factno URL
HeadquartersLos Altos, CAMar 31, 2026FactForm ADV
HeadquartersLos Altos, CAOct 21, 2024FactForm ADV
Office addressMar 31, 2026FactForm ADV
Office addressOct 21, 2024FactForm ADV
Legal formLimited Liability CompanyMar 31, 2026FactForm ADV
Legal formLimited Liability CompanyOct 21, 2024FactForm ADV
Portfolio pageSep 30, 2026Factno URL
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 13, 2026Factno URL
Private funds reported3Mar 31, 2026FactForm ADV
Private funds reported3Mar 31, 2026FactForm ADV
Private funds reported1Oct 21, 2024FactForm ADV
Private fund gross assets (reported)$98.4MMar 31, 2026FactForm ADV
Private fund gross assets (reported)$98.4MMar 31, 2026FactForm ADV
Private fund gross assets (reported)$54.4MOct 21, 2024FactForm ADV
Schedule a diffsadiff-1Sep 30, 2026FactForm ADV
Stated geographyaustin
“geography words on the home page”
Sep 30, 2026Factno URL
Stated geographyaustin
“geography words on the home page”
Sep 16, 2026Factno URL
Stated geographyaustin
“geography words on the home page”
Sep 13, 2026Factno URL
Stated sectorsAI, deep tech, hardware, logistics, media
“sector words on the home page”
Sep 30, 2026Factno URL
Stated sectorsAI, deep tech, hardware, logistics, media
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsAI, deep tech, hardware, logistics, media
“sector words on the home page”
Sep 13, 2026Factno URL
Stated stagesseed
“stage words on the home page”
Sep 30, 2026Factno URL
Stated stagesseed
“stage words on the home page”
Sep 16, 2026Factno URL
Stated stagesseed
“stage 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 reported3Mar 31, 2026FactForm ADV
Venture funds reported3Mar 31, 2026FactForm ADV
Venture funds reported1Oct 21, 2024FactForm ADV
WebsiteMar 31, 2026FactForm ADV
WebsiteOct 21, 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, probableShow
Importance
33
moderate
Active deployment
60
high
Emerging
0
low
Freshness
100
high
Institutional venture firm · probableSEC exempt reporting adviser

Venture manager, reported GAV $98M across 4 vehicles

The inputs behind each score
importance
gav: 0.3 · funds: 0.33 · people: 0.56 · investments: 0.26 · co investors: 0.24
active deployment
investments 12m: 0 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 4 · reported gav: $98.4M · first adv filing: 2024-10-14 · years since first filing: 2

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

5 scored matches, best firstas of
  • score 39confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 39confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 39confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio

+2 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

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2024-10-14source 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.