Zelkova Management, LLC

Institutional venture firmSEC venture capital fund adviser· Miami Beach, Floridazelkovavc.com

Institutional venture firm, based in Miami Beach, Florida, reporting $53.0M of fund assets on its funds' Form ADV filings.

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

Reported fund assets
$53.0M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
3
Latest vintage
2022
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

28 additional co-investors and affiliates, 46 additional investments, funds and LPs, 3 verified contacts (2 professional url, 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. 1 company
    portfolio raising

    One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 16 Jul 2026 ($60M round).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactPress release wires (PR Newswire, GlobeNewswire)For Co-investors, LPs, lendersInvestments →
  2. 4 deals
    with Draper Fisher Jurvetson Gotham Management

    Invests most often alongside Draper Fisher Jurvetson Gotham Management (4 shared deals) and TTV Capital (2 shared deals).

    pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordCo-investors →

People to know

View all people
  • Managing Partner And Sole Member
    Why: Managing partner: runs the firm
    No route on file yet
  • Partner
    Why: Partner: part of the investment decision
    Profile
  • Partner
    Why: Partner: part of the investment decision
    Profile

Relationship network

85 connected entities3 observed rounds1 repeat counterpartyrounds 2015 to 2017

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 Zelkova Management, 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 Zelkova Management, LLC

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

Investing

50 companies on record, 0 new in 12 months

Investments on record

50 companies, 3 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
4 Degreesportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Adhawkportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Alloyportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website

Stated thesis versus observed behaviour

53 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
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (1)
lead rate no observed dealsfollow-on rate 100%new companies, 12 months 0

Team

3 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • Jason Ross Levy · Managing Partner And Sole Member
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Jay Levy · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
    LinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
  • Larry Scheinfeld · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
    LinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%

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. 2 with a route on file. 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

3 current, 0 departed

Contacts

1 firm phone, 2 professional url

1 firm phone, 2 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

2 vehicles, 0 LPs disclosed

Funds and vehicles

2 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Zelkova Venture Partners III, LPFund2022 form d first saleActive deployment$14.0M
Mar 23, 2026
15$11.6MJun 30, 2023
Zelkova Venture Partners I, LPFundunknownUnknown$39.0M
Mar 23, 2026
15$0Nov 26, 2014

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

31 co-investors

Co-investors

31 counted from shared deals, for the whole firm

Evidence and history

3 dated events, 53 observations from 3 sources

Timeline

3 dated events
  1. Jun 28, 2023
    Zelkova Management, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactForm ADV
  2. Jun 28, 2023
    Zelkova Venture Partners I, LP first reported on Form ADV by Zelkova Management, LLC (Venture Capital Fund), GAV $39,000,000
    Fund first reported on Form ADVFundsFactZelkova Venture Partners I, LPForm ADV
  3. Jun 28, 2023
    Zelkova Venture Partners III, LP first reported on Form ADV by Zelkova Management, LLC (Venture Capital Fund), GAV $12,000,000
    Fund first reported on Form ADVFundsFactZelkova Venture Partners III, LPForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 23, 2026 · 2 private fundsShow
Headquarters
Miami Beach, FLadviserinfo.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
Mar 23, 2026
Private funds reported
2 (2 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$53.0Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried1 on recordShow
  1. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $53M across 2 vehicles

Evidence

54 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 23, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 23, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 25, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 23, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 23, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 25, 2024FactForm ADV
First Form ADV filing2023-06-28Mar 23, 2026FactForm ADV
First Form ADV filing2023-06-28Mar 25, 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 filing2026-03-23Mar 23, 2026FactForm ADV
Latest Form ADV filing2026-03-23Mar 23, 2026FactForm ADV
Latest Form ADV filing2024-03-25Mar 25, 2024FactForm ADV
SEC statusERA - ActiveMar 23, 2026FactForm ADV
SEC status effective2023-06-28Mar 23, 2026FactForm ADV
Venture share of reported funds1Mar 23, 2026FactForm ADV
Venture share of reported funds1Mar 25, 2024FactForm ADV
Business phoneMar 23, 2026FactForm ADV
Business phoneMar 25, 2024FactForm ADV
HeadquartersMiami Beach, FLMar 23, 2026FactForm ADV
HeadquartersMiami Beach, FLMar 25, 2024FactForm ADV
Office addressMar 23, 2026FactForm ADV
Office addressMar 25, 2024FactForm ADV
Legal formLimited Liability CompanyMar 23, 2026FactForm ADV
Legal formLimited Liability CompanyMar 25, 2024FactForm ADV
Portfolio pageOct 1, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 13, 2026Fact
Private funds reported2Mar 23, 2026FactForm ADV
Private funds reported2Mar 23, 2026FactForm ADV
Private funds reported2Mar 25, 2024FactForm ADV
Private fund gross assets (reported)$53.0MMar 23, 2026FactForm ADV
Private fund gross assets (reported)$53.0MMar 23, 2026FactForm ADV
Private fund gross assets (reported)$53.0MMar 25, 2024FactForm ADV
Schedule a diffsadiff-1Sep 27, 2026FactForm ADV
Team pageOct 1, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 13, 2026Fact
Venture funds reported2Mar 23, 2026FactForm ADV
Venture funds reported2Mar 23, 2026FactForm ADV
Venture funds reported2Mar 25, 2024FactForm ADV
WebsiteMar 23, 2026FactForm ADV
WebsiteMar 25, 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
34
moderate
Active deployment
0
low
Emerging
59
elevated
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $53M across 2 vehicles

The inputs behind each score
importance
gav: 0.22 · funds: 0.17 · people: 0.12 · investments: 0.64 · co investors: 0.6
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 2 · reported gav: $53.0M · first adv filing: 2023-06-28 · years since first filing: 3.3

Fits, record history and connections

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

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2023-06-28source 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.