Adjacent Ventures LLC

Institutional venture firmSEC venture capital fund adviser· New York, New Yorkadjacent.com

Institutional venture firm, based in New York, New York, reporting $450M of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$450M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
1
Investment team
1
Latest vintage
2024
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

1 additional co-investor or affiliate, 3 additional investments, funds and LPs, 2 events, 1 verified contact (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.

Nothing material in the last 180 days. Last change: 10 Mar 2026, 1 new company in the last 12 months. Latest round Sandbar round ($23M round, led) on 10 Mar 2026.

People to know

View all people
  • Managing Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

13 connected entities1 observed roundrounds 2026

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.

Reading the network
  • 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 Adjacent Ventures LLC: 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 Adjacent Ventures LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

2 companies on record, 1 new in 12 months

Investments on record

2 companies, 1 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
SandbarFunding roundleadunknown$23.0MunknownMar 10, 2026Fact Press release
Bird Buddy, Inc.board seatunknown · boardNicolas Wittenborn (strongly supported)unknownunknownNov 22, 2024Inference Form D

Stated thesis versus observed behaviour

2 observed deals
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
Other 50%unknown 50%
lead rate 100%follow-on rate 0%new companies, 12 months 1

Team

1 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • Nicolas Wittenborn · Managing Member
    Why this person: Named with investment responsibility

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

1 current, 0 departed

Contacts

1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

6 vehicles, 0 LPs disclosed

Funds and vehicles

6 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Adjacent V3 LPFund2024 adv first reportedEarly deployment$133M
Apr 14, 2026
18$0Jun 14, 2023
Adjacent V1.1 Update LPFund2023 adv first reportedActive deployment$18.0M
Apr 14, 2026
5$0May 16, 2022
Adjacent V2 LPFund2022 adv first reportedActive deployment$100M
Apr 14, 2026
41$0Jul 29, 2021

Limited partners

0 LPs, 0 disclosed commitments
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.

Known LPs and allocators

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

4 co-investors

Co-investors

4 counted from shared deals, for the whole firm

Evidence and history

7 dated events, 61 observations from 3 sources

Timeline

7 dated events
  1. Apr 14, 2026
    Adjacent V4 LP first reported on Form ADV by Adjacent Ventures LLC (Venture Capital Fund), GAV $140,200,000
    Fund first reported on Form ADVFundsInferenceAdjacent V4 LPForm ADV
  2. Feb 22, 2024
    Adjacent V3 LP first reported on Form ADV by Adjacent Ventures LLC (Venture Capital Fund), GAV $132,652,000
    Fund first reported on Form ADVFundsFactAdjacent V3 LPForm ADV
  3. Mar 3, 2023
    Adjacent V1.1 Update LP first reported on Form ADV by Adjacent Ventures LLC (Venture Capital Fund), GAV $18,000,000
    Fund first reported on Form ADVFundsFactAdjacent V1.1 Update LPForm ADV
  4. Mar 18, 2022
    Adjacent X Backbone LLC first reported on Form ADV by Adjacent Ventures LLC (Venture Capital Fund), GAV $18,507,463
    Fund first reported on Form ADVFundsFactAdjacent X Backbone LLCForm ADV
  5. Mar 18, 2022
    Adjacent V2 LP first reported on Form ADV by Adjacent Ventures LLC (Venture Capital Fund), GAV $100,000,000
    Fund first reported on Form ADVFundsFactAdjacent V2 LPForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Apr 14, 2026 · 6 private fundsShow

Website description: For the Unproven

Headquarters
New York, NYadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.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
Apr 14, 2026
Private funds reported
6 (6 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$450Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $450M across 6 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $310M across 6 vehicles
  3. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $310M across 5 vehicles

Evidence

62 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedApr 14, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserApr 14, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserFeb 22, 2024FactForm ADV
SEC adviser typeExempt reporting adviserApr 14, 2026FactForm ADV
SEC adviser typeExempt reporting adviserApr 14, 2026FactForm ADV
SEC adviser typeExempt reporting adviserFeb 22, 2024FactForm ADV
First Form ADV filing2020-05-12Apr 14, 2026FactForm ADV
First Form ADV filing2020-05-12Feb 22, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-04-14Apr 14, 2026FactForm ADV
Latest Form ADV filing2026-04-14Apr 14, 2026FactForm ADV
Latest Form ADV filing2024-02-22Feb 22, 2024FactForm ADV
SEC statusERA - ActiveApr 14, 2026FactForm ADV
SEC status effective2020-05-12Apr 14, 2026FactForm ADV
Venture share of reported funds1Apr 14, 2026FactForm ADV
Venture share of reported funds1Feb 22, 2024FactForm ADV
Business phoneApr 14, 2026FactForm ADV
Business phoneFeb 22, 2024FactForm ADV
Contact page urlOct 1, 2026Fact
Contact page urlSep 16, 2026Fact
DescriptionOct 1, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 13, 2026Fact
HeadquartersNew York, NYApr 14, 2026FactForm ADV
HeadquartersNew York, NYFeb 22, 2024FactForm ADV
Office addressApr 14, 2026FactForm ADV
Office addressFeb 22, 2024FactForm ADV
Legal formLimited Liability CompanyApr 14, 2026FactForm ADV
Legal formLimited Liability CompanyFeb 22, 2024FactForm ADV
Portfolio pageOct 1, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 13, 2026Fact
Private funds reported6Apr 14, 2026FactForm ADV
Private funds reported6Apr 14, 2026FactForm ADV
Private funds reported5Feb 22, 2024FactForm ADV
Private fund gross assets (reported)$450MApr 14, 2026FactForm ADV
Private fund gross assets (reported)$450MApr 14, 2026FactForm ADV
Private fund gross assets (reported)$310MFeb 22, 2024FactForm ADV
Schedule a diffsadiff-1Sep 24, 2026FactForm ADV
Team pageOct 1, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 13, 2026Fact
Venture funds reported6Apr 14, 2026FactForm ADV
Venture funds reported6Apr 14, 2026FactForm ADV
Venture funds reported5Feb 22, 2024FactForm ADV
WebsiteApr 14, 2026FactForm ADV
WebsiteFeb 22, 2024FactForm ADV
Site titleOct 1, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 13, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShow
Importance
32
moderate
Active deployment
29
moderate
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $450M across 6 vehicles

The inputs behind each score
importance
gav: 0.5 · funds: 0.5 · people: 0.04 · investments: 0.11 · co investors: 0.24
active deployment
investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-03-10
emerging manager
fund count: 6 · reported gav: $450M · first adv filing: 2020-05-12 · years since first filing: 6.4

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

14 scored matches, best firstas of
  • score 43.3confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 43.3confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 43.3confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio

+11 more scored matches

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

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

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2020-05-12source 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.