Liquid Capital Management LLC

CandidateSEC-registered adviser· Los Angeles, Californialiquidstock.com

Liquid Stock provides pre-IPO liquidity for employees, founders, and shareholders. Access funding for stock option exercises, taxes, and personal liquidity.

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

Reported fund assets
$288M
the adviser's own Form ADV total
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsFundsInvestmentsTeam (3)
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

2 verified contacts (1 general firm 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.

Nothing material in the last 180 days.

People to know

View all people

Relationship network

3 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.

Liquid Capital Management LLC
Los Angeles, CA
Reading the network
  • 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 Liquid 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 Liquid Capital Management LLC

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

Investing

0 companies on record, 0 new in 12 months
Investments on record
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.
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
ai, fintech, space
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 no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

3 current, 2 departed
Decision makers
who to call first, and why; then everyone else by function

No one at this firm holds a partner, managing director or investment-lead title on record yet; the people named here are listed below by function.

Who else at this firm · 3 people, grouped by function
Board, advisers and operating partners (3)

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
3 current, 2 departed
2 departed (kept with end dates)
Contacts
1 general firm email, 1 firm phone

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

Funds and LPs

0 vehicles, 0 LPs disclosed
Funds and vehicles
0 reported
No vehicle on record yet. A fund arrives from Form ADV Schedule D 7.B.(1) or a Form D filing.
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

0 co-investors · on 2 other DFX graphs
Co-investors
0 counted from shared deals, 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.
Across DFX and the capital chainon 2 other DFX graphs Show
Across DFX
  • The same institution is held on Private Equity, RIA and Wealth, matched by identifier. See which records
Across the graphs

Liquid Capital Management LLC is the same institution as 2 records in Private Equity and RIA and Wealth.

Private Equity1RIA 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…

Evidence and history

5 dated events, 51 observations from 3 sources
Timeline
5 dated events
  1. seen on or beforeSep 24, 2026
    Liquid Capital Management LLC: PE_WITH_VENTURE_ACTIVITY -> CANDIDATE_VC (no sworn venture fact yet (name or round mention only))
    Classification changedClassificationInferenceno URL
  2. Oct 10, 2024
    Anne Katherine Woodworth (Cco, Vp Of Legal) no longer on Schedule A of Liquid Capital Management LLC
    Person leftPeopleInferenceAnnie Katherine WoodworthForm ADV
  3. Mar 31, 2022
    Christopher Ritchie (Member Of Liquid Stock I Gp, Llc) no longer on Schedule A of Liquid Capital Management LLC
    Person leftPeopleInferenceChristopher RitchieForm ADV
  4. Jan 1, 2022
    Annie Katherine Woodworth joined Schedule A of Liquid Capital Management LLC as Cco, Vp Of Legal
    Person joinedPeopleFactAnnie Katherine WoodworthForm ADV
  5. Nov 27, 2018
    Liquid Capital Management LLC first filed Form ADV (ERA)
    First SEC adviser filingOrganizationFactForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 3 private fundsShow
Headquarters
Los Angeles, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
liquidstock.com
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 31, 2026
Private funds reported
3 (0 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$288Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$256Mthe adviser's RAUM, a regulatory measure, never a fund size
Employees
5
Owners on Schedule A
The Bircoll / Martin Family Trust (Member), owns 25% to 50%; Pitti Family Trust (Member), owns 25% to 50%; Jeffrey and Sylvia Le Sage Family Trust (Member), owns 25% to 50%
Classification history
Every classification this record has carried2 on recordShow
  1. Sep 24, 2026
    Candidate (candidate, 50%)
    No sworn venture fact yet (name or round mention only)
  2. Sep 12, 2026
    Private equity with venture activity (probable, 75%)
    Registered adviser; venture funds are 0% of 3 private funds
Evidence
51 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeRegistered investment adviserMar 31, 2026FactForm ADV
SEC adviser typeRegistered investment adviserOct 10, 2024FactForm ADV
First Form ADV filing2018-11-27Mar 31, 2026FactForm ADV
First Form ADV filing2018-11-27Oct 10, 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 filing2024-10-10Oct 10, 2024FactForm ADV
Venture share of reported funds0Mar 31, 2026FactForm ADV
Venture share of reported funds0Oct 10, 2024FactForm ADV
Business phoneOct 10, 2024FactForm ADV
Contact page urlSep 16, 2026Factno URL
DescriptionSep 16, 2026Factno URL
DescriptionSep 13, 2026Factno URL
Employees5Oct 10, 2024FactForm ADV
HeadquartersLos Angeles, CAOct 10, 2024FactForm ADV
Office addressOct 10, 2024FactForm ADV
Private funds reported3Mar 31, 2026FactForm ADV
Private funds reported3Oct 10, 2024FactForm ADV
Private fund gross assets (reported)$288MMar 31, 2026FactForm ADV
Private fund gross assets (reported)$192MOct 10, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$256MOct 10, 2024FactForm ADV
Stated sectorsAI, fintech, space
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsAI, fintech, space
“sector words on the home page”
Sep 13, 2026Factno URL
Venture funds reported0Mar 31, 2026FactForm ADV
Venture funds reported0Oct 10, 2024FactForm ADV
WebsiteOct 10, 2024FactForm ADV
Site titleSep 16, 2026Factno URL
Site titleSep 13, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersCandidate, candidateShow
Importance
0
low
Active deployment
0
low
Emerging
0
low
Freshness
100
high
CandidateSEC registered investment adviser

No sworn venture fact yet (name or round mention only)

The inputs behind each score
importance
gav: 0 · funds: 0 · people: 0 · investments: 0 · scale basis: Venture-typed funds only (Candidate): 0 funds, $0M of $288M reported · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 0 · reported gav: $288M · first adv filing: 2018-11-27 · years since first filing: 7.8

Fits, record history and connections

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

Record history

1 identity change, 2 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-24
  • Fund refused
    2026-09-14
  • Adviser's first ADV filing
    2018-11-27source 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.

Not yet on record: new companies, 12 mo, investment team, latest vintage.