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 / Friends & Family Capital Management, LLC
Friends & Family Capital Management, LLC
Private equity with venture activity · probableMenlo Park, CAfriendsandfamilycapital.comSEC registered investment adviser
Friends & Family Capital is a venture capital firm started by the former CFO of Palantir Colin Anderson and second-generation venture capitalist John Fogelsong.
registered adviser; venture funds are 18% of 17 private funds
Importance
22
moderate
Active deployment
4
low
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
4
low
Identity and regulatory footprint
- Headquarters
- Menlo Park, CAadviserinfo.sec.gov
- Office address
- 325 SHARON PARK DRIVE, SUITE 705, Menlo Park, CA, 94025adviserinfo.sec.gov
- Business phone
- 650-815-7042adviserinfo.sec.gov
- Website
- https://www.fafc.com/
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Jun 17, 2026
- Private funds reported
- 17 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $794Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $794Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 11
- business phone
- 650-815-7042adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- ai, enterprise software, climate, energy, hardware, robotics, space, defense, logistics
- Stages
- seed
- Geography
- global, silicon valley
- 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 1
Funds and vehicles
4 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Friends & Family Capital III, L.P. | Feeder or parallel | 2022 form d first sale | Active deployment | $117M Jul 31, 2024 | 149 | $125M of $125M | Jun 11, 2025 |
| Yukon River Capital, LLC | Fund · ADV: Other Private Fund | 2021 form d first sale | Mature | $600,000 Jul 31, 2024 | 37 | $75.0M of $75.0M | Mar 16, 2021 |
| Friends & Family Capital II, L.P. | Feeder or parallel | 2020 form d first sale | Mature | $133M Jul 31, 2024 | 128 | $38.8M | Aug 28, 2020 |
| XYZ F&fc I, LLC | Fund · ADV: Other Private Fund | unknown | Unknown | $33.4M Jul 31, 2024 | 25 | $0 | Jun 5, 2020 |
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
14 current, 0 departed
Bill Ward
Founder or executiveNorthslope Founder/CEO
Filip Kaliszan
Founder or executiveVerkada Co-Founder/CEO
Howie Liu
Founder or executiveAirtable Founder/CEO
Jake Loosararian
Founder or executiveGecko Robotics Co-Founder/CEO
John Gedmark
Founder or executiveAstranis Co-Founder/CEO
Joshua Reeves
Founder or executiveGusto Founder/CEO
Julie Bush
Founder or executiveValinor Enterprises Co-Founder/CEO
Matt Grimm
Founder or executiveAnduril Industries Co-Founder
Nick Noone
Founder or executivePeregrine Co-Founder/CEO
Technological Change
Founder or executiveUnique Founder Insight
Colin Anderson
Managing partnerManaging Member · since Jun 1, 2020
John Fogelsong
Managing partnerManaging Member And Cco · since Jun 1, 2020
Joe Iantosca
Platform and operationsCyera CFO
Tori Shivanandan
Platform and operationsRadiant President/COO
Investments on record
1 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Submit Pitch | portfolio listing | unknown | unknown | unknown | unknown | Sep 13, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
“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
20 relationships from shared deals, counted for the whole firm
Bling Capital LLC 1 shared · one timeKapor Capital Management Company L.L.C. 1 shared · one timeAnorak Ventures Management, LLC 1 shared · one timeCoatue Management, L.L.C. 1 shared · one timeCSC Upshot Ventures Management, LLC 1 shared · one timeSagona Capital, Inc. 1 shared · one timeFlair Ventures, Inc. 1 shared · one timeTitletowntech Ventures LLC 1 shared · one timeBase Venture Management, Inc. 1 shared · one timeCollide Capital 1 shared · one timeCRV, LLC 1 shared · one timeImpacta Vc, LLC 1 shared · one timeFulcrum Venture Group LLC 1 shared · one timeForum Ventures, LLC. 1 shared · one timeOperator Collective Management, L.L.C. 1 shared · one timeUP Funds, LLC 1 shared · one timeWedbush Ventures Management 1 shared · one timeRock Health Capital 1 shared · one timeAmplify Partners 1 shared · one timeDorm Room Fund 1 shared · one time
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, 2023Friends & Family Capital III, L.P. first reported on Form ADV by Friends & Family Capital Management, LLC (Venture Capital Fund), GAV $60,800,000Fund first reported on Form ADVFundsFactFriends & Family Capital III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2021Yukon River Capital, LLC first reported on Form ADV by Friends & Family Capital Management, LLC (Other Private Fund), GAV $75,000,000Fund first reported on Form ADVFundsFactYukon River Capital, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Aug 28, 2020Friends & Family Capital Management, 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)
- Aug 28, 2020XYZ F&fc I, LLC first reported on Form ADV by Friends & Family Capital Management, LLC (Other Private Fund), GAV $9,100,000Fund first reported on Form ADVFundsFactXYZ F&fc I, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Aug 28, 2020Friends & Family Capital II, L.P. first reported on Form ADV by Friends & Family Capital Management, LLC (Venture Capital Fund), GAV $47,783,000Fund first reported on Form ADVFundsFactFriends & Family Capital II, L.P.SEC 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 18% of 17 private funds
- Sep 12, 2026Private equity with venture activity (probable, 75%, cls-1)registered adviser; venture funds are 18% of 11 private funds
Evidence
58 observations from 3 sources