U.S. Venture Partners

Multi-stage venture firmSEC venture capital fund adviserRaising· Menlo Park, CaliforniaUSVP.COM

Multi-stage venture firm, based in Menlo Park, California, reporting $1.7B of fund assets on its funds' Form ADV filings.

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

Reported fund assets
$1.7B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
1
Investment team
10
Latest vintage
2022
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (125)Team (17)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

12 additional team members, 37 additional co-investors and affiliates, 151 additional investments, funds and LPs, 47 events, 7 verified contacts (5 professional url, 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.

What matters now

  1. 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 27 Apr 2026 ($52.5M 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 →
  2. 4 deals
    with Spider Capital

    Invests most often alongside Spider Capital (4 shared deals) and Treo Ventures (4 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
  • Casey M Tansey
    Managing Member
    Why: Named with investment responsibility
    No route on file yet
  • Jonathan D Root
    Managing Member
    Why: Named with investment responsibility
    No route on file yet
  • Steven M Krausz
    Managing Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

216 connected entities85 observed rounds30 repeat counterparties2 dated rounds shown here, 2019 to 2024

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

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 U.S. Venture Partners: 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 U.S. Venture Partners

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

Investing

125 companies on record, 1 new in 12 months
Investments on record
125 companies, 86 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Adaptive6portfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Aimbientportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Aponoportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Stated thesis versus observed behaviour
195 observed deals
Stated (the firm’s website)
Sectors
ai, enterprise software, healthcare, consumer, cybersecurity
Stages
series a, early
Geography
europe, silicon valley
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
venture capital
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 (4)Healthcare services (3)Hardware and deep tech, Software or Tech-enabled and IT services (2)Manufacturing (1)
lead rate no observed dealsfollow-on rate 57%new companies, 12 months 1

Team

17 current, 3 departed
Decision makers
who to call first, and why; then everyone else by function
  • Casey M Tansey · Managing Member
    Why this person: Named with investment responsibility
  • Jonathan D Root · Managing Member
    Why this person: Named with investment responsibility
  • Steven M Krausz · 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
17 current, 3 departed
4 departed (kept with end dates)
  • Irwin Federman · Managing Member · Nov 1, 2004 to Mar 30, 2015 Inference
  • Paul a Matteucci · Managing Member · Nov 1, 2004 to Mar 30, 2015 Inference
  • Winston S Fu · Managing Member · Nov 1, 2004 to Oct 31, 2013 Inference
Contacts
1 general firm email, 1 firm phone, 5 professional url

1 general firm email, 1 firm phone, 5 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

12 vehicles, 1 LPs disclosed
Funds and vehicles
12 reported, 15 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
U.S. Venture Partners Xiii, L.P.Fund2022 form d first saleActive deployment$436M
Mar 31, 2026
104$369M
of $400M
Dec 14, 2022
U.S. Venture Partners Xiii-A, L.P.Feeder or parallel2022 adv first reportedActive deployment$3.9M
Mar 31, 2026
2$0
of $30.0M
Feb 24, 2022
U.S. Venture Partners Xii-A, L.P.Feeder or parallel2019 form d first saleMature$19.4M
Mar 31, 2026
2$16.3M
of $16.3M
Jul 12, 2019
Limited partners
1 LPs, 5 disclosed commitments
Known LPs and allocators
7 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Washington State Investment BoardPUBLIC INSTITUTIONAL POOLU.S. Venture Partners Viii, L.P.$54.0M
committed
committed Jun 4, 2001Fact Pension disclosure
Washington State Investment BoardPUBLIC INSTITUTIONAL POOLU.S. Venture Partners VII, L.P.$39.4M
committed
committed Jan 11, 2000Fact Pension disclosure
Washington State Investment BoardPUBLIC INSTITUTIONAL POOLU.S. Venture Partners VI, L.P.$15.5M
committed
committed Mar 11, 1999Fact Pension disclosure

Relationships across DFX

77 co-investors · on 3 other DFX graphs
Co-investors
77 counted from shared deals, for the whole firm
Across DFX and the capital chainon 3 other DFX graphs · 37 capital paths Show
Across DFX
Across the graphs

U.S. Venture Partners is the same institution as 3 records in Allocators, RIA and Wealth and Family Offices.

Allocators1RIA and Wealth1Family Offices1

DFX found 3 relationships across 3 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

U.S. Venture Partners sits on 37 traced paths of capital across the graphs.

Allocator to VC fund to manager to company

DFX traced 37 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

52 dated events, 79 observations from 4 sources
Timeline
52 dated events
  1. seen on or beforeSep 13, 2026
    Nanostim: acquired by St Jude Medical on or before 2026-09-13 (no date published), per U.S. Venture Partners's portfolio page
    AcquiredExitsFactNanostimFirm website
  2. seen on or beforeSep 13, 2026
    Savings Com: acquired by Cox Target Media on or before 2026-09-13 (no date published), per U.S. Venture Partners's portfolio page
    AcquiredExitsFactSavings ComFirm website
  3. Jul 31, 2026
    U.S. Venture Partners filed the first Form D for U.S. Venture Partners XIV, L.P. (fund 14), its next fund after U.S. Venture Partners Xiii, L.P. (vintage 2022); offering $400.0M
    Fund next filedderived signalInferenceU.S. Venture Partners XIV, L.P.no URL
  4. Mar 31, 2026
    U.S. Venture Partners Select Fund I, L.P. first reported on Form ADV by U.S. Venture Partners (Venture Capital Fund), GAV $97,085,199
    Fund first reported on Form ADVFundsInferenceU.S. Venture Partners Select Fund I, L.P.Form ADV
  5. Mar 31, 2026
    U.S. Venture Partners Select Fund I-A, L.P. first reported on Form ADV by U.S. Venture Partners (Venture Capital Fund), GAV $8,220,119
    Fund first reported on Form ADVFundsInferenceU.S. Venture Partners Select Fund I-A, L.P.Form ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 10 private fundsShow
Headquarters
Menlo Park, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
USVP.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 31, 2026
Private funds reported
10 (10 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$1.7Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Every classification this record has carried2 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $1.7B
  2. Sep 12, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $1.7B
Evidence
79 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:2026-09-29Sep 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 urlOct 1, 2026Factno URL
Contact page urlSep 16, 2026Factno URL
HeadquartersMenlo Park, CAMar 31, 2026FactForm ADV
HeadquartersMenlo Park, CAMar 28, 2024FactForm ADV
Office addressMar 31, 2026FactForm ADV
Office addressMar 28, 2024FactForm ADV
Self-described typeVenture capitalOct 1, 2026Factno URL
Self-described typeVenture capitalSep 16, 2026Factno URL
Self-described typeVenture capitalSep 13, 2026Factno URL
Legal formLimited Liability CompanyMar 31, 2026FactForm ADV
Legal formLimited Liability CompanyMar 28, 2024FactForm ADV
Portfolio pageOct 1, 2026Factno URL
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 13, 2026Factno URL
Private funds reported10Mar 31, 2026FactForm ADV
Private funds reported10Mar 31, 2026FactForm ADV
Private funds reported8Mar 28, 2024FactForm ADV
Private fund gross assets (reported)$1.7BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$1.7BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$1.7BMar 28, 2024FactForm ADV
Schedule a diffsadiff-1Mar 31, 2026FactForm ADV
Stated geographyEurope, silicon valley
“geography words on the home page”
Oct 1, 2026Factno URL
Stated geographysilicon valley
“geography words on the home page”
Sep 16, 2026Factno URL
Stated geographysilicon valley
“geography words on the home page”
Sep 13, 2026Factno URL
Stated sectorsAI, enterprise software, healthcare, consumer, cybersecurity
“sector words on the home page”
Oct 1, 2026Factno URL
Stated sectorsAI, enterprise software, healthcare, consumer, cybersecurity
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsAI, enterprise software, healthcare, consumer, cybersecurity
“sector words on the home page”
Sep 13, 2026Factno URL
Stated stagesSeries a, early
“stage words on the home page”
Oct 1, 2026Factno URL
Stated stagesSeries a, early
“stage words on the home page”
Sep 16, 2026Factno URL
Stated stagesearly
“stage words on the home page”
Sep 13, 2026Factno URL
Team pageOct 1, 2026Factno URL
Team pageSep 16, 2026Factno URL
Team pageSep 13, 2026Factno URL
Venture funds reported10Mar 31, 2026FactForm ADV
Venture funds reported10Mar 31, 2026FactForm ADV
Venture funds reported8Mar 28, 2024FactForm ADV
WebsiteMar 28, 2024FactForm ADV
Site titleOct 1, 2026Factno URL
Site titleSep 16, 2026Factno URL
Site titleSep 13, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShow
Importance
77
high
Active deployment
35
elevated
Emerging
0
low
Freshness
100
high
Multi-stage venture firmSEC exempt reporting adviser

Both early and growth/opportunity families, reported GAV $1.7B

The inputs behind each score
importance
gav: $1 · funds: 1 · people: 0.64 · investments: 0.85 · co investors: 0.76
active deployment
investments 12m: 0 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: 2025-02-13
emerging manager
fund count: 27 · reported gav: $1.7B · 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

1 scored match, best firstas of
  • score 20.2confidence 80%
    Why: activity; cap table

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

3 dated events on the change ledger, latest event first
  • LP commitment disclosed
    2025-12-31source on record
  • LP commitment disclosed
    2025-12-31source on record
  • 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.