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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Firms / F•••••• P•••••••• L••
F•••••• P•••••••• L••
Private equity with venture activity · probableRockville, MDf••••••.comSEC registered investment adviser
FVLCRUM provides equity, operating expertise, and network access to help proven teams build scale, improve operations, and create community impact.
registered adviser; venture funds are 0% of 3 private funds
Importance
23
moderate
Active deployment
30
moderate
Emerging
0
low
Completeness
75
high
Freshness
99
high
Research priority
10
low
Identity and regulatory footprint
- Headquarters
- Rockville, MDadviserinfo.sec.gov
- Office address
- 2600 TOWER OAKS BLVD, SUITE 230, Rockville, MD, 20852adviserinfo.sec.gov
- Business phone
- 202-960-1170adviserinfo.sec.gov
- Website
- f••••••.com
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Jul 29, 2024
- Private funds reported
- 3 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $84.8Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $298Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 11
- business email
- wealth@fvlcrum.comfvlcrum.compublished by the subject
- business phone
- 202-960-1170adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
8 observed deals
Stated (the firm’s website)
- Sectors
- climate, media
- 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
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 8
Funds and vehicles
3 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| F•••••• F••• ••••••••• L• | Fund · ADV: Private Equity Fund | 2021 form d first sale | Mature | $2.9M Jul 29, 2024 | 18 | $184M | Feb 3, 2023 |
| F•••••• F••• L• | Fund · ADV: Private Equity Fund | unknown | Unknown | $62.4M Jul 29, 2024 | 78 | unknown | unknown |
| F•••••• F••• B• L• | Fund · ADV: Private Equity Fund | unknown | Unknown | $19.4M Jul 29, 2024 | 10 | 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
5 current, 1 departed
T•••• U•••••••••
Managing partnerManaging Partner
B••••••• S•••••• C•••••
PartnerPartner · since Jul 1, 2020
M••••• H••••••• P••••
PartnerPartner · since Jul 1, 2020
M•••••• A••• M•••••
Platform and operationsPartner / Chief Compliance Officer · since Jul 1, 2020
I••• S•••• U•••••••••
Vice presidentSenior Associate
1 departed (kept with end dates)
- C••••••• E• A••••••• · Partner · Jul 1, 2020 to Jul 29, 2024 Inference
Investments on record
8 edges, 8 companies, 0 partner-attributed
“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
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
1 disclosed
- T•••••••• R••••••••• S••••• o• t•• S•••• o• I••••••• amount undisclosed trsil.org
Timeline
6 dated events
- Jun 2, 2025I••••••• TRS lists FVLCRUM Partners among its private equity managers
- Jul 29, 2024C••••••• E• A••••••• (Partner) no longer on Schedule A of F•••••• P•••••••• L••
- Feb 8, 2022F•••••• P•••••••• L•• 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)
- Feb 8, 2022F•••••• F••• ••••••••• L• first reported on Form ADV by F•••••• P•••••••• L•• (Private Equity Fund), GAV $7,925,000Fund first reported on Form ADVFundsFactF•••••• F••• ••••••••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 8, 2022F•••••• F••• L• first reported on Form ADV by F•••••• P•••••••• L•• (Private Equity Fund), GAV $67,701,198Fund first reported on Form ADVFundsFactF•••••• F••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 8, 2022F•••••• F••• B• L• first reported on Form ADV by F•••••• P•••••••• L•• (Private Equity Fund), GAV $34,273,802Fund first reported on Form ADVFundsFactF•••••• F••• B• L•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 0% of 3 private funds
Evidence
31 observations from 2 sources