DBL Investors, LLC
DBL Invests in companies that can deliver top-tier venture capital returns and enable social, environmental, and economic benefits. In fact, we believe healthy financial performance and positive social and environmental change are inherently connected.
In the firm's own words, from its website.
6 additional team members, 6 additional co-investors and affiliates, 58 additional investments, funds and LPs, 13 verified contacts (6 published business email, 6 professional url, 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 vehicleon Form D, 18 months
1 vehicle filed a Form D in the last 18 months, the latest Nsob 2026 on 6 Aug 2026. Largest offerings: Nsob 2026 $60M. $60M reported sold so far.
A Form D is filed when a vehicle takes its first money, so these are open to LPs now.
- 1 companynew in 12 months
1 new company in the last 12 months.
A firm writing cheques this quarter is one a founder can pitch now.
- 1 companyportfolio raising
One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 16 Jun 2026 ($14M sold on Form D).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
- 4 dealswith Canaan Partners
Invests most often alongside Canaan Partners (4 shared deals) and 1st Course Capital Management (2 shared deals).
pair last observed on record 1 Aug 2018, 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- Founder and Managing PartnerWhy: Managing partner: runs the firmEmailProfile
- Managing PartnerWhy: Managing partner: runs the firmNo route on file yet
- Managing PartnerWhy: Managing partner: runs the firmNo route on file yet
Relationship network
84 connected entities10 observed rounds4 repeat counterparties4 dated rounds shown here, 2015 to 2018
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.
- 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 DBL Investors, 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 DBL Investors, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
59 companies on record, 1 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Agtonomy-bg | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| airspace-bg-opt | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| andela-bg | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- ai, climate, energy, space, defense, logistics, agtech
- Stages
- not stated or not yet read
- Geography
- global, united states
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Team
12 current, 0 departed
Decision makers
- Ira Ehrenpreis · Founder and Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibilityLinkedIn or profile link and work email on file (firm website), confirmed 2026-10-01, confidence 95%
- Cynthia Jeanne Ringo · Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibility
- Nancy Ellen Pfund · Managing PartnerWhy this person: Managing partner: runs the firm; 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. 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
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Founder and Managing Partner · 2 deals attributed
- Managing Partner · 7 deals attributed
- Managing Partner · 3 deals attributed
Contacts
6 published business email, 1 firm phone, 6 professional url on record, each with its source. Values open with the complete profile.
Funds and LPs
4 vehicles, 1 LPs disclosed
Funds and vehicles
What these amounts meanGAV 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.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Nsob 2026, L.P. | Fund | 2026 form d first sale | Newly closed | unknown | unknown | $60.0M of $60.0M | Aug 6, 2026 |
| DBL Equity Fund - Baef II LP | Fund | 2008 form d first sale | Harvest | $673M Mar 26, 2026 | 40 | $151M | Sep 29, 2011 |
| DBL Partners YBJ 2024, L.P. | Fund | unknown | Unknown | $316M Mar 26, 2026 | 10 | $0 of $50.0M | Apr 24, 2024 |
Limited partners
- 1 commitment to 1 fund · $7.5M disclosed
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| New York State Common Retirement Fund | PUBLIC INSTITUTIONAL POOL | DBL Equity Fund - Baef II LP | $7.5M committed | reported as of Mar 31, 2025 | Fact Pension disclosure |
Relationships across DFX
9 co-investors · on 4 other DFX graphs
Co-investors
- 2018-08-014 shared deals · strong
- 2026-10-012 shared deals · recurring
- 2011-08-112 shared deals · recurring
Across DFX and the capital chainon 4 other DFX graphs · 6 capital paths ShowHide
- The same institution is held on Allocators, Private Equity, RIA and Wealth, Private Credit, matched by identifier. See which records
DBL Investors, LLC is the same institution as 4 records in Allocators, Private Equity, RIA and Wealth and Private Credit.
DFX found 4 relationships across 4 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…
DBL Investors, LLC sits on 6 traced paths of capital across the graphs.
DFX traced 6 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
3 dated events, 84 observations from 4 sources
Timeline
- Mar 30, 2012BAY Area Equity Fund I LP first reported on Form ADV by DBL Investors, LLC (Private Equity Fund), GAV $75,000,000
- Mar 30, 2012DBL Equity Fund - Baef II LP first reported on Form ADV by DBL Investors, LLC (Private Equity Fund), GAV $150,800,000
- Dec 16, 2011DBL Investors, LLC first filed Form ADV (IA)
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 26, 2026 · 1 private fundsShowHide
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- DBLINVESTORS.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 26, 2026
- Private funds reported
- 1 (1 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $673Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Classification history
Every classification this record has carried3 on recordShowHide
- Sep 23, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $988M across 4 vehicles
- Sep 13, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $229M across 3 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $229M across 2 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Mar 26, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 26, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 27, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 26, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 26, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 27, 2024 | Fact | Form ADV |
| First Form ADV filing | 2011-12-16 | Mar 26, 2026 | Fact | Form ADV |
| First Form ADV filing | 2011-12-16 | Mar 27, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-26 | Mar 26, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-26 | Mar 26, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-27 | Mar 27, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 26, 2026 | Fact | Form ADV |
| SEC status effective | 2014-09-29 | Mar 26, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 26, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 27, 2024 | Fact | Form ADV |
| Business phone | Mar 26, 2026 | Fact | Form ADV | |
| Business phone | Mar 27, 2024 | Fact | Form ADV | |
| Contact page url | Oct 1, 2026 | Fact | Firm website | |
| Contact page url | Sep 16, 2026 | Fact | Firm website | |
| Description | Oct 1, 2026 | Fact | Firm website | |
| Description | Sep 16, 2026 | Fact | Firm website | |
| Description | Sep 13, 2026 | Fact | Firm website | |
| Headquarters | San Francisco, CA | Mar 26, 2026 | Fact | Form ADV |
| Headquarters | San Francisco, CA | Mar 27, 2024 | Fact | Form ADV |
| Office address | Mar 26, 2026 | Fact | Form ADV | |
| Office address | Mar 27, 2024 | Fact | Form ADV | |
| Self-described type | Venture capital | Oct 1, 2026 | Fact | Firm website |
| Self-described type | Venture capital | Sep 16, 2026 | Fact | Firm website |
| Self-described type | Venture capital | Sep 13, 2026 | Fact | Firm website |
| Legal form | Limited Liability Company | Mar 26, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 27, 2024 | Fact | Form ADV |
| Portfolio page | Oct 1, 2026 | Fact | Firm website | |
| Portfolio page | Sep 16, 2026 | Fact | Firm website | |
| Portfolio page | Sep 13, 2026 | Fact | Firm website | |
| Private funds reported | 1 | Mar 26, 2026 | Fact | Form ADV |
| Private funds reported | 1 | Mar 26, 2026 | Fact | Form ADV |
| Private funds reported | 2 | Mar 27, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $673M | Mar 26, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $673M | Mar 26, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $229M | Mar 27, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 26, 2026 | Fact | Form ADV |
| Stated geography | Global, united states “geography words on the home page” | Oct 1, 2026 | Fact | Firm website |
| Stated geography | Global, united states “geography words on the home page” | Sep 16, 2026 | Fact | Firm website |
| Stated geography | Global, united states “geography words on the home page” | Sep 13, 2026 | Fact | Firm website |
| Stated sectors | AI, climate, energy, space, defense, logistics, agtech “sector words on the home page” | Oct 1, 2026 | Fact | Firm website |
| Stated sectors | AI, climate, energy, space, defense, logistics, agtech “sector words on the home page” | Sep 16, 2026 | Fact | Firm website |
| Stated sectors | AI, climate, energy, space, defense, logistics, agtech “sector words on the home page” | Sep 13, 2026 | Fact | Firm website |
| Team page | Oct 1, 2026 | Fact | Firm website | |
| Team page | Sep 16, 2026 | Fact | Firm website | |
| Team page | Sep 13, 2026 | Fact | Firm website | |
| Venture funds reported | 1 | Mar 26, 2026 | Fact | Form ADV |
| Venture funds reported | 1 | Mar 26, 2026 | Fact | Form ADV |
| Venture funds reported | 2 | Mar 27, 2024 | Fact | Form ADV |
| Website | Sep 12, 2026 | Fact | Form ADV | |
| Website | Mar 26, 2026 | Fact | Form ADV | |
| Website | Mar 27, 2024 | Fact | Form ADV | |
| Website resolved domain | dbl.vc | Oct 1, 2026 | Fact | Firm website |
| Website resolved domain | dbl.vc | Sep 16, 2026 | Fact | Firm website |
| Site title | Oct 1, 2026 | Fact | Firm website | |
| Site title | Sep 16, 2026 | Fact | Firm website | |
| Site title | Sep 13, 2026 | Fact | Firm website |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmed · 2 filing advisers share this firmShowHide
Venture manager, reported GAV $988M across 4 vehicles
One of 2 advisers that share dblinvestors.com; the firm is DBL Partners. DBL Partners. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
- importance
- gav: 0.6 · funds: 0.33 · people: 0.48 · investments: 0.67 · co investors: 0
- active deployment
- investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-08-13
- emerging manager
- fund count: 4 · reported gav: $988M · first adv filing: 2011-12-16 · years since first filing: 14.8
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Grouped with firm2026-10-01
- Adviser's first ADV filing2011-12-16source 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.