DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Fall Line Capital, LLC
Fall Line Capital, LLC
Private equity with venture activity · probableSan Mateo, CAfall-line-capital.comSEC registered investment adviser
Investing in exceptional founders building the future of food. Venture capital and real assets.
registered adviser; venture funds are 0% of 4 private funds
Importance
32
moderate
Active deployment
30
moderate
Emerging
0
low
Completeness
50
elevated
Freshness
100
high
Research priority
15
moderate
Identity and regulatory footprint
- Headquarters
- San Mateo, CAadviserinfo.sec.gov
- Office address
- 411 BOREL AVENUE, SUITE 200, San Mateo, CA, 94402adviserinfo.sec.gov
- Business phone
- 650-235-4032adviserinfo.sec.gov
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Apr 29, 2026
- Private funds reported
- 4 (1 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $238Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $332Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 12
- business phone
- 650-235-4032adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
30 observed deals
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- global
- 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
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 30
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.
Investment team
14 current, 2 departed
Jenny West
Investor relationsDirector of Investor Relations
Clay Mitchell
PartnerCo-Founder / Managing Director
Clay Thomas Mitchell
PartnerManaging Director · since Jun 1, 2011
Eric O'Brien
PartnerCo-Founder / Managing Director
Eric Stephen Obrien
PartnerManaging Director · since Jun 1, 2011
Giulia Stellari
PartnerManaging Director
Yanniv Dorone
PartnerManaging Director
Joel Edmonds
Platform and operationsHead of Northern Operations
Steven J Beringer
Platform and operationsChief Compliance Officer And Vp Of Finance · since Mar 1, 2024
Wade Condrey
Platform and operationsHead of Southern Operations
Brett Kadesh
PrincipalDirector
Joaquin Oliverio
PrincipalDirector
Scott Day
PrincipalDirector of Agronomy
Vic Method
PrincipalDirector
2 departed (kept with end dates)
- Gerald M Novelly · Chief Financial Officer And Chief Compliance Officer · Jun 1, 2022 to Mar 29, 2024 Inference
- Katherine Lee Taylor · Chief Compliance Officer · Dec 1, 2019 to Jun 13, 2022 Inference
Investments on record
30 edges, 30 companies, 0 partner-attributed
“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.
Co-investors
0 relationships from shared deals, counted 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.
Limited partners
0 disclosed
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.
Timeline
5 dated events
- Mar 29, 2024Gerald M Novelly (Chief Financial Officer And Chief Compliance Officer) no longer on Schedule A of Fall Line Capital, LLC
- Mar 1, 2024Steven J Beringer joined Schedule A of Fall Line Capital, LLC as Chief Compliance Officer And Vp Of Finance
- Jun 13, 2022Katherine Lee Taylor (Chief Compliance Officer) no longer on Schedule A of Fall Line Capital, LLC
- Jun 1, 2022Gerald M Novelly joined Schedule A of Fall Line Capital, LLC as Chief Financial Officer And Chief Compliance Officer
- Apr 10, 2020Fall Line Capital, LLC first filed Form ADV (IA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Private equity with venture activity (probable, 75%, cls-1)registered adviser; venture funds are 0% of 4 private funds
Evidence
53 observations from 3 sources