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 / Altai Ventures Advisors, LLC
Altai Ventures Advisors, LLC
Multi-stage venture firmWestport, CTaltaiventures.comSEC venture capital fund adviserfundraising evidence
Altai Ventures is a specialist venture firm focused exclusively on backing and building early-stage startups in financial services.
both early and growth/opportunity families, reported GAV $104M
Importance
29
moderate
Active deployment
79
high
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
23
moderate
Identity and regulatory footprint
- Headquarters
- Westport, CTadviserinfo.sec.gov
- Office address
- 55 POST ROAD WEST, 2ND FLOOR, Westport, CT, 06880adviserinfo.sec.gov
- Business phone
- 203-360-2350adviserinfo.sec.gov
- Website
- http://www.altaiventures.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
- 9 (9 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $180Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 203-360-2350adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
5 observed deals
Stated (the firm’s website)
- Sectors
- ai, fintech, consumer
- 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 80%Other Technology 20%
lead rate n/afollow-on rate n/anew logos, 12 months 5
Funds and vehicles
10 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| AVH Re Spv, LP | SPV or co-invest vehicle | 2024 adv first reported | Early deployment | $1.4M Mar 26, 2024 | 2 | $0 | Jun 29, 2023 |
| AVH Le Spv, LP | SPV or co-invest vehicle | 2024 adv first reported | Early deployment | $1.2M Mar 26, 2024 | 2 | $0 | Apr 19, 2023 |
| AVH Spv I, LP | SPV or co-invest vehicle | 2023 form d first sale | Active deployment | $540,000 Mar 26, 2024 | 1 | $540,001 of $540,001 | Apr 11, 2023 |
| Altai Ventures Nf I, LP | Fund | 2022 adv first reported | Active deployment | $1.1M Mar 26, 2024 | 2 | unknown | unknown |
| Altai Ventures Fund II, LP | Fund | 2021 form d first sale | Mature | $64.7M Mar 26, 2024 | 21 | $53.0M of $75.0M | Dec 22, 2022 |
| Altai Ventures Special Opportunities Fund I, LP | Opportunity fund | 2021 form d first sale | Mature | $19.0M Mar 26, 2024 | 2 | $5.0M of $5.0M | Oct 13, 2021 |
| Altai Ventures Fund I, LP | Fund | unknown | Unknown | $15.6M Mar 26, 2024 | 1 | unknown | unknown |
| Altai Ventures Special Opportunities Fund II, LP | Opportunity fund | unknown | Fundraising | unknown | unknown | $0 of $20.0M | Aug 1, 2025 |
| Altai Ventures Fund III, LP | Fund | unknown | Fundraising | unknown | unknown | $0 of $100M | Aug 1, 2025 |
| Altai Ventures Advisors, LLC | Fund | unknown | Unknown | unknown | unknown | $0 of $8.8M | Feb 12, 2021 |
GAV 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.
Investment team
2 current, 0 departed
Oleg Ilichev
Managing partnerManaging Partner · since Aug 1, 2020
Investments on record
5 edges, 5 companies, 1 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Class A | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Evolution Iq | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Relevant | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Reserv | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Relevant Search Inc. | board seat | unknown · board | Oleg Ilichev (strongly supported) | unknown | unknown | Nov 6, 2025 | Inference SEC EDGAR Form D data sets (quarterly) |
“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
1 relationships from shared deals, counted for the whole firm
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
9 dated events
- Mar 26, 2024AVH Re Spv, LP first reported on Form ADV by Altai Ventures Advisors, LLC (Venture Capital Fund), GAV $1,416,256Fund first reported on Form ADVFundsFactAVH Re Spv, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 26, 2024AVH Le Spv, LP first reported on Form ADV by Altai Ventures Advisors, LLC (Venture Capital Fund), GAV $1,177,127Fund first reported on Form ADVFundsFactAVH Le Spv, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023AVH Spv I, LP first reported on Form ADV by Altai Ventures Advisors, LLC (Venture Capital Fund), GAV $540,000Fund first reported on Form ADVFundsFactAVH Spv I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2022Altai Ventures Nf I, LP first reported on Form ADV by Altai Ventures Advisors, LLC (Venture Capital Fund), GAV $1,100,000Fund first reported on Form ADVFundsFactAltai Ventures Nf I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2022Altai Ventures Fund II, LP first reported on Form ADV by Altai Ventures Advisors, LLC (Venture Capital Fund), GAV $44,700,000Fund first reported on Form ADVFundsFactAltai Ventures Fund II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2022Altai Ventures Special Opportunities Fund I, LP first reported on Form ADV by Altai Ventures Advisors, LLC (Venture Capital Fund), GAV $5,000,000Fund first reported on Form ADVFundsFactAltai Ventures Special Opportunities Fund I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 22, 2021Altai Ventures Advisors, LLC first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 22, 2021Altai Ventures Fund I, LP first reported on Form ADV by Altai Ventures Advisors, LLC (Venture Capital Fund), GAV $13,317,950Fund first reported on Form ADVFundsFactAltai Ventures Fund I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 12, 2021Altai Ventures Fund I, LP filed Form D: no sales yet of $8,750,000, Venture Capital Fund
Classification history
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%, cls-1)both early and growth/opportunity families, reported GAV $104M
- Sep 12, 2026Multi-stage venture firm (probable, 80%, cls-1)both early and growth/opportunity families, reported GAV $104M
Evidence
61 observations from 4 sources