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 / Reef Pass Investors
Reef Pass Investors
Reef Pass Investors is a private investment company that specializes in serial acquisition platforms across lower markets.
venture manager, reported GAV $71M across 11 vehicles
Importance
23
moderate
Active deployment
25
moderate
Emerging
0
low
Completeness
44
elevated
Freshness
100
high
Research priority
13
low
Identity and regulatory footprint
- Headquarters
- Old Greenwich, CTadviserinfo.sec.gov
- Office address
- 1700 E PUTNAM AVE, PMB 1008, SUITE 208, Old Greenwich, CT, 06870adviserinfo.sec.gov
- Business phone
- 650-308-4321adviserinfo.sec.gov
- 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
- May 21, 2026
- Private funds reported
- 11 (11 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $71.4Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 650-308-4321adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- 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 n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
11 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Reef Pass Investors EVA, LP | Fund | 2025 form d first sale | Newly closed | $720,000 Sep 12, 2026 | 22 | $15.8M of $15.8M | Dec 1, 2025 |
| Reef Pass Investors, LP | Fund | 2024 form d first sale | Newly closed | $28.6M Sep 12, 2026 | 52 | $125M of $125M | Feb 27, 2025 |
| Reef Pass Investors WIN, LP | Fund | 2024 form d first sale | Newly closed | $9.6M Sep 12, 2026 | 24 | $7.1M of $7.1M | Dec 6, 2024 |
| R3cs Fund Emb, LLC | Fund | 2023 form d first sale | Active deployment | $6.6M Sep 12, 2026 | 26 | $6.6M of $6.6M | Sep 11, 2023 |
| R3cs Fund Elo, LLC | Fund | 2022 form d first sale | Active deployment | $1.9M Sep 12, 2026 | 40 | $8.8M of $10.0M | Dec 12, 2022 |
| R3cs Fund Blt, LLC - Series 1 | Fund | 2021 form d first sale | Mature | $7.4M Sep 12, 2026 | 36 | $3.0M of $3.0M | Oct 5, 2021 |
| R3cs Fund Pai, LLC | Fund | 2021 form d first sale | Mature | $3.6M Sep 12, 2026 | 18 | $3.6M of $3.6M | Aug 12, 2021 |
| R3cs Fund Blt, LLC - Series 2 | Fund | 2021 form d first sale | Mature | $3.6M Sep 12, 2026 | 20 | $2.0M of $2.0M | Nov 2, 2021 |
| Reef Pass Investors Win (feeder), LP | Feeder or parallel | unknown | Unknown | $4.3M Sep 12, 2026 | 1 | unknown | unknown |
| R3cs Fund Bd Holdings, LLC | Fund | unknown | Unknown | $3.1M Sep 12, 2026 | 21 | $0 of $3.4M | Jun 10, 2021 |
| Reef Pass Investors Parallel, LP | Feeder or parallel | unknown | Unknown | $2.0M Sep 12, 2026 | 2 | unknown | unknown |
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
0 current, 0 departed
No named professional yet. People arrive from Form ADV Schedule A (owners, officers, control persons) and the team page.
Investments on record
0 edges, 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.
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
7 dated events
- Sep 12, 2026R3cs Fund Pai, LLC first reported on Form ADV by Reef Pass Investors, GAV $3,649,969Fund first reported on Form ADVFundsFactR3cs Fund Pai, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026R3cs Fund Emb, LLC first reported on Form ADV by Reef Pass Investors, GAV $6,599,998Fund first reported on Form ADVFundsFactR3cs Fund Emb, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026R3cs Fund Elo, LLC first reported on Form ADV by Reef Pass Investors, GAV $1,925,875Fund first reported on Form ADVFundsFactR3cs Fund Elo, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026R3cs Fund Blt, LLC - Series 2 first reported on Form ADV by Reef Pass Investors, GAV $3,589,079Fund first reported on Form ADVFundsFactR3cs Fund Blt, LLC - Series 2IAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026R3cs Fund Blt, LLC - Series 1 first reported on Form ADV by Reef Pass Investors, GAV $7,444,542Fund first reported on Form ADVFundsFactR3cs Fund Blt, LLC - Series 1IAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026R3cs Fund Bd Holdings, LLC first reported on Form ADV by Reef Pass Investors, GAV $3,068,750Fund first reported on Form ADVFundsFactR3cs Fund Bd Holdings, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Feb 26, 2025Reef Pass Investors appears on the SEC adviser roster (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Classification history
- Sep 15, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $71M across 11 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $65M across 9 vehicles
Evidence
24 observations from 3 sources
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | vc_exemption,vc_funds_reported | May 21, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| SEC exemption claimed | venture_capital_fund_adviser | May 21, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| SEC adviser type | exempt_reporting_adviser | May 21, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Latest Form ADV filing | 2026-05-21 | May 21, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Adv pdf loaded | adv-pdf-1 | Sep 12, 2026 | Fact | IAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A) |
| SEC status | ERA - Active | May 21, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| SEC status effective | 2025-02-26 | May 21, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Business phone | 650-308-4321 | May 21, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Contact page url | https://www.reefpassinvestors.com/contact “contact page linked from the home page” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Description | Reef Pass Investors is a private investment company that specializes in serial acquisition platforms across lower markets. “meta description” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Description | Reef Pass Investors is a private investment company that specializes in serial acquisition platforms across lower markets. “meta description” | Sep 13, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Headquarters | Old Greenwich, CT | May 21, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Office address | 1700 E PUTNAM AVE, PMB 1008, SUITE 208, Old Greenwich, CT, 06870 | May 21, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Legal form | Limited Liability Company | May 21, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Portfolio page | https://www.reefpassinvestors.com/portfolio “0 entries read” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Portfolio page | https://www.reefpassinvestors.com/portfolio “0 entries read” | Sep 13, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Private funds reported | 11 | May 21, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Private fund gross assets (reported) | $71.4M | May 21, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Team page | https://www.reefpassinvestors.com/team “0 name/title pairs read” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Team page | https://www.reefpassinvestors.com/team “0 name/title pairs read” | Sep 13, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Venture funds reported | 11 | May 21, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Website | https://www.reefpassinvestors.com/ | May 21, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Site title | Reef Pass | Serial Acquisition Investors “title tag” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Site title | Reef Pass | Serial Acquisition Investors “title tag” | Sep 13, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |