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Firms / B••• C•••••• M••••••••• L•

B••• C•••••• M••••••••• L•

Multi-stage venture firm · probableFort Worth, TXb••••••.comSEC registered investment adviser

both early and growth/opportunity families, reported GAV $162M

Importance
28
moderate
Active deployment
25
moderate
Emerging
0
low
Completeness
56
elevated
Freshness
100
high
Research priority
13
low
Identity and regulatory footprint
Office address
••• Lockeda•••••••••.s••.gov
Business phone
••• Lockeda•••••••••.s••.gov
SEC adviser type
registered investment advisera•••••••••.s••.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 30, 2026
Private funds reported
24 (24 venture capital funds)a•••••••••.s••.gov
Private fund gross assets
$251Ma•••••••••.s••.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$251Mthe adviser's RAUM, a regulatory measure, never a fund size
Employees
8
Owners on Schedule A
B••• A••••••• G•• L•• (General Partner), NA
business email
••• Lockedb••••••.compublished by the subject
business phone
••• Lockeda•••••••••.s••.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
healthcare, biotech
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
23 reported, 4 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
B••• i•••••• C•••••••• I• L•SPV or co-invest vehicle2025 form d first saleFundraisingunknownunknown$2.5MJun 16, 2025
B••• C••••••• O••••••••• F•••• L•Opportunity fund2023 form d first saleActive deployment$9.3M
Mar 25, 2024
29$17.1M
of $50.0M
Aug 4, 2023
B••• S•••••• O••••••••• F•••• L•Opportunity fund · ADV: Private Equity Fund2022 form d first saleActive deployment$16.5M
Mar 25, 2024
74$35.4M
of $35.4M
Apr 12, 2022
B••• A•••••• C•••••••• I••• L•SPV or co-invest vehicle2022 form d first saleActive deployment$4.8M
Mar 25, 2024
21$3.2MDec 6, 2022
B••• S•••••• O••••••••• F••• I•• L•Opportunity fund · ADV: Private Equity Fund2022 form d first saleActive deployment$4.0M
Mar 25, 2024
20$7.4M
of $7.4M
Apr 6, 2023
B••• O•• C•••••••• I• L•SPV or co-invest vehicle2021 adv first reportedMature$9.7M
Mar 25, 2024
83$0
of $10.0M
Sep 25, 2020
B••• S•••••• C•••••••• I• L•SPV or co-invest vehicle2021 form d first saleMature$5.4M
Mar 25, 2024
95$5.5M
of $10.0M
Nov 5, 2021
B••• S•••••• C•••••••• I• Q•• L•SPV or co-invest vehicle2021 form d first saleMature$5.4M
Mar 25, 2024
35$0
of $10.0M
Oct 12, 2021
B••• F••• I•• N•• L•Fund2019 form d first saleMature$14.6M
Mar 25, 2024
20$3.9M
of $100M
Jul 22, 2020
B••• L•• C•••••••• I•• Q•• L•SPV or co-invest vehicle2019 form d first saleMature$10.8M
Mar 25, 2024
30$15.1M
of $30.0M
May 10, 2019
B••• L•• C•••••••• I••• L•SPV or co-invest vehicle2019 form d first saleMature$10.5M
Mar 25, 2024
100$0
of $10.0M
Apr 3, 2019
B••• I••••••• C•••••••• I• L•SPV or co-invest vehicle2019 form d first saleMature$2.4M
Mar 25, 2024
51$750,000
of $3.0M
Jan 15, 2019
B••• A•••••• C•••••••• I• L•SPV or co-invest vehicle2019 adv first reportedMature$2.4M
Mar 25, 2024
41$0
of $5.0M
Mar 26, 2019
B••• A••••• C•••••••• I• L•SPV or co-invest vehicle2019 form d first saleMature$412,586
Mar 25, 2024
43$437,500
of $3.0M
Mar 11, 2019
B••• F••• I• N•• L•Fund2018 form d first saleHarvest$3.7M
Mar 25, 2024
19$5.0M
of $50.0M
Oct 1, 2018
B••• I•••••• C•••••••• I• L•SPV or co-invest vehicle2018 form d first saleHarvest$1.4M
Mar 25, 2024
63$2.5M
of $2.5M
May 18, 2018
B••• F••• I• Q•• L•Feeder or parallel2017 form d first saleHarvest$27.4M
Mar 25, 2024
112$37.0M
of $50.0M
Oct 1, 2018
B••• F••• I• L•Fund2017 form d first saleHarvest$11.3M
Mar 25, 2024
89$14.4M
of $14.4M
Mar 24, 2017
B••• F••• I•• L•Fund2017 form d first saleHarvest$8.4M
Mar 25, 2024
86$11.5M
of $50.0M
Oct 1, 2018
B••• F••• I• Q•• L•Feeder or parallel2017 form d first saleHarvest$6.6M
Mar 25, 2024
33$8.4M
of $8.4M
Mar 24, 2017
B••• M••••• S•• I•• L•SPV or co-invest vehicle2016 form d first saleHarvest$712,709
Mar 25, 2024
30$812,784
of $1.0M
Mar 29, 2016
B••• L•• S•• I•• L•SPV or co-invest vehicle2015 form d first saleHarvest$3.7M
Mar 25, 2024
49$495,000
of $6.0M
Dec 15, 2015
B••• M••••• S•• I• L•SPV or co-invest vehicle2015 form d first saleHarvest$2.6M
Mar 25, 2024
42$2.1M
of $4.5M
Jun 5, 2015
S••••••• L••• T••••••••• S••• L•SPV or co-invest vehicleunknownWound down$8.8M
Mar 30, 2023
19unknownunknown
B••• V••••• S•• I•• L•SPV or co-invest vehicleunknownWound down$33,404
Mar 30, 2023
46unknownunknown
S•• V•••••• L•FundunknownWound down$29,750
Mar 30, 2023
33unknownunknown
B••• O•• S•• I• L•SPV or co-invest vehicleunknownWound down$0
Mar 30, 2023
33unknownunknown
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
1 current, 0 departed
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
4 dated events
Classification history
  1. Sep 15, 2026
    Multi-stage venture firm (probable, 80%, cls-1)
    both early and growth/opportunity families, reported GAV $162M
  2. Sep 12, 2026
    Multi-stage venture firm (probable, 80%, cls-1)
    both early and growth/opportunity families, reported GAV $191M
Evidence
53 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedvc_funds_reportedMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeregistered_investment_adviserMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeregistered_investment_adviserMar 25, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2018-09-19Mar 25, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2026-03-30Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Latest Form ADV filing2024-03-25Mar 25, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC statusApprovedMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC status effective2019-10-24Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture share of reported funds1Mar 25, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone••• LockedMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Business phone••• LockedMar 25, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Employees8Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Employees2Mar 25, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
HeadquartersFort Worth, TXMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
HeadquartersFort Worth, TXMar 25, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address••• LockedMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Office address••• LockedMar 25, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Legal formPartnershipMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private funds reported24Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private funds reported25Mar 25, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$251MMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private fund gross assets (reported)$278MMar 25, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Regulatory AUM (adviser, not fund size)$251MMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Regulatory AUM (adviser, not fund size)$278MMar 25, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Stated sectorshealthcare,biotech
sector words on the home page
Sep 22, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorshealthcare,biotech
sector words on the home page
Sep 21, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorshealthcare,biotech
sector words on the home page
Sep 20, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorshealthcare,biotech
sector words on the home page
Sep 19, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorshealthcare,biotech
sector words on the home page
Sep 18, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorshealthcare,biotech
sector words on the home page
Sep 17, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorshealthcare,biotech
sector words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorshealthcare,biotech
sector words on the home page
Sep 13, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported24Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture funds reported23Mar 25, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Website••• LockedMar 25, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
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Sep 22, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
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