Ridge Ventures
Ridge Ventures (formerly IDG Ventures) is an early stage venture capital fund investing in experienced founders redefining how the world uses software.
In the firm's own words, from its website.
1 additional team member, 11 additional co-investors and affiliates, 20 additional investments, funds and LPs, 15 events, 2 verified contacts (1 general firm email, 1 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 1 companyportfolio raising
One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 13 Apr 2026 ($15.3M sold on Form D).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
People to know
View all people- PartnerWhy: Partner: part of the investment decisionNo route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
Relationship network
44 connected entities4 observed rounds
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Company
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to Ridge Ventures: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to Ridge Ventures
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
14 companies on record, 1 new in 12 months
Investments on record
What these amounts mean“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.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Aircover | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| Besty AI | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| Clario | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- enterprise software, media
- Stages
- seed, series a, early
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Team
4 current, 3 departed
Decision makers
- Akriti Dokania · PartnerWhy this person: Partner: part of the investment decision; Named with investment responsibility; Led 1 round on record
Who else at this firm · 1 person, grouped by function
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Managing Member · 1 deal attributed
- Partner · led 1 round on record
- Chief Financial Officer
3 departed (kept with end dates)
- GIL Penchina · Managing Member · Jun 1, 2017 to Mar 16, 2020 Inference
- Philip N Sanderson · Managing Member · Nov 1, 2007 to Mar 16, 2020 Inference
- Lorra Stone · Cfo · Jun 1, 2010 to Mar 17, 2021 Inference
Contacts
1 general firm email, 1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
12 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV 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.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Ridge Ventures V Opportunity Fund, LP | Opportunity fund | 2024 adv first reported | Early deployment | $25.6M Mar 9, 2026 | 1 | unknown | unknown |
| Ridge Software Investments II, LLC | Fund | 2024 adv first reported | Early deployment | $3.7M Mar 9, 2026 | 1 | unknown | unknown |
| Ridge Ventures V Affiliates-A, LP | Feeder or parallel | 2024 adv first reported | Early deployment | $3.6M Mar 9, 2026 | 19 | $0 | Mar 30, 2022 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Pritzker Traubert Foundation | FOUNDATION | Ridge Ventures V, LP | $599,468 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| Pritzker Foundation | FOUNDATION | Ridge Ventures V, LP | $1.0M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
Relationships across DFX
14 co-investors · on 2 other DFX graphs
Co-investors
- 2026-10-011 shared deal · one time
- 2026-10-011 shared deal · one time
- 2026-10-011 shared deal · one time
Across DFX and the capital chainon 2 other DFX graphs · 2 capital paths ShowHide
- The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Ridge Ventures is the same institution as 2 records in Allocators and RIA and Wealth.
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Ridge Ventures sits on 2 traced paths of capital across the graphs.
DFX traced 2 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Evidence and history
20 dated events, 83 observations from 4 sources
Timeline
- May 14, 2026Ridge Ventures filed the first Form D for Ridge Ventures VI, L.P. (fund 6), its next fund after Ridge Ventures V, LP (vintage 2021)
- Mar 26, 2024Ridge Ventures V Affiliates-A, LP first reported on Form ADV by Ridge Ventures (Venture Capital Fund), GAV $3,091,996
- Mar 26, 2024Ridge Ventures V Opportunity Fund, LP first reported on Form ADV by Ridge Ventures (Venture Capital Fund), GAV $25,903,897
- Mar 26, 2024Ridge Software Investments II, LLC first reported on Form ADV by Ridge Ventures (Venture Capital Fund), GAV $3,002,473
- Mar 26, 2024Ridge Ventures Ivy, LLC first reported on Form ADV by Ridge Ventures (Venture Capital Fund), GAV $1,816,553
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 9, 2026 · 11 private fundsShowHide
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- RIDGEVENTURES.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 9, 2026
- Private funds reported
- 11 (11 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $699Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Alexander Rosen, As Trustee of the Alexander Rosen Trust Dated October 28, 2010 (Managing Member), owns 75% or more
Classification history
Classification history
Every classification this record has carried2 on recordShowHide
- Sep 23, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $699M
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $684M
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Mar 9, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 9, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 26, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 9, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 9, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 26, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-03-22 | Mar 9, 2026 | Fact | Form ADV |
| First Form ADV filing | 2012-03-22 | Mar 26, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-09 | Mar 9, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-09 | Mar 9, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-26 | Mar 26, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 9, 2026 | Fact | Form ADV |
| SEC status effective | 2012-03-22 | Mar 9, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 9, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 26, 2024 | Fact | Form ADV |
| Business phone | Mar 9, 2026 | Fact | Form ADV | |
| Business phone | Mar 26, 2024 | Fact | Form ADV | |
| Contact page url | Oct 1, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Oct 1, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 13, 2026 | Fact | ||
| Headquarters | San Francisco, CA | Mar 9, 2026 | Fact | Form ADV |
| Headquarters | San Francisco, CA | Mar 26, 2024 | Fact | Form ADV |
| Office address | Mar 9, 2026 | Fact | Form ADV | |
| Office address | Mar 26, 2024 | Fact | Form ADV | |
| Self-described type | Venture capital | Oct 1, 2026 | Fact | |
| Self-described type | Venture capital | Sep 16, 2026 | Fact | |
| Self-described type | Venture capital | Sep 13, 2026 | Fact | |
| Legal form | Limited Liability Company | Mar 9, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 26, 2024 | Fact | Form ADV |
| Portfolio page | Oct 1, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 13, 2026 | Fact | ||
| Private funds reported | 11 | Mar 9, 2026 | Fact | Form ADV |
| Private funds reported | 11 | Mar 9, 2026 | Fact | Form ADV |
| Private funds reported | 11 | Mar 26, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $699M | Mar 9, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $699M | Mar 9, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $684M | Mar 26, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 9, 2026 | Fact | Form ADV |
| Stated sectors | Enterprise software, media “sector words on the home page” | Oct 1, 2026 | Fact | |
| Stated sectors | Enterprise software, media “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | Enterprise software, media “sector words on the home page” | Sep 13, 2026 | Fact | |
| Stated stages | Seed, series a, early “stage words on the home page” | Oct 1, 2026 | Fact | |
| Stated stages | Seed, series a, early “stage words on the home page” | Sep 16, 2026 | Fact | |
| Stated stages | Seed, series a, early “stage words on the home page” | Sep 13, 2026 | Fact | |
| Venture funds reported | 11 | Mar 9, 2026 | Fact | Form ADV |
| Venture funds reported | 11 | Mar 9, 2026 | Fact | Form ADV |
| Venture funds reported | 11 | Mar 26, 2024 | Fact | Form ADV |
| Website | Sep 12, 2026 | Fact | Form ADV | |
| Website | Mar 9, 2026 | Fact | Form ADV | |
| Website | Mar 26, 2024 | Fact | Form ADV | |
| Website resolved domain | Oct 1, 2026 | Fact | ||
| Website resolved domain | Sep 16, 2026 | Fact | ||
| Website resolved domain | Sep 14, 2026 | Fact | ||
| Site title | Oct 1, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 13, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShowHide
Both early and growth/opportunity families, reported GAV $699M
- importance
- gav: 0.56 · funds: 1 · people: 0.12 · investments: 0.44 · co investors: 0.46
- active deployment
- investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2025-10-29
- emerging manager
- fund count: 12 · reported gav: $699M · first adv filing: 2012-03-22 · years since first filing: 14.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Fits
- score 59.6confidence 100%Why: sector fit; stage fit; geography fit; activityWatch: adjacent portfolio
Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.
Record history
- Adviser's first ADV filing2012-03-22source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.