DFX Intelligence

Beliade

Institutional venture firmSEC exempt reporting adviserClassification probable· New York, New Yorkbeliade.com

Institutional venture firm, based in New York, New York, reporting $115M of fund assets on its funds' Form ADV filings.

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

As of 2026-10-01 · the latest observation of this organization; filed figures are as of its latest Form ADV

Reported fund assets: $115M
New companies, 12 mo: None
Investment team: 3
Latest vintage: 2025

Contact decision makers

Ask DFX about this View relationships Find contacts Investments (31)Team (6)Funds

As of 2026-10-01 · the latest observation of this organization; filed figures are as of its latest Form ADV

1 additional team member, 11 additional co-investors and affiliates, 45 additional investments, funds and LPs, 18 events, 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 company
portfolio raising
One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 6 May 2026 ($4.05M sold on Form D).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →
2 deals
with BAM Ventures
Invests most often alongside BAM Ventures (2 shared deals) and Silas 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 recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people

Martin James Dolfi
Managing Partner
Why: Managing partner: runs the firm
No route on file yet
Bill Schultz
Partner
Why: Partner: part of the investment decision
Profile

Relationship network

68 connected entities2 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.

Reading the network

Sponsor
Company
Fund or vehicle
Person

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.

Ask DFX about this network

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Beliade: 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 Beliade

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

Investing

31 companies on record, 0 new in 12 months

Investments on record

31 companies, 2 partner-attributed

Company	Round	Role	Partner	Round size	This investor	Date	Source
Ceremonia	portfolio listing	unknown	unknown	unknown	unknown	Oct 1, 2026	Fact Firm website
Commonwealth	portfolio listing	unknown	unknown	unknown	unknown	Oct 1, 2026	Fact Firm website
Cotopaxi	portfolio listing	unknown	unknown	unknown	unknown	Oct 1, 2026	Fact Firm website

Stated thesis versus observed behaviour

33 observed deals

Stated (the firm’s website)

Sectors: consumer
Stages: seed, series a, growth
Geography: new york
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 90%Other 10%

lead rate no observed dealsfollow-on rate 0%new companies, 12 months 0

Team

6 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function

Martin James Dolfi · Managing Partner
Why this person: Managing partner: runs the firm; Named with investment responsibility
Bill Schultz · 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%

Who else at this firm · 1 person, grouped by function

Finance, operations and compliance (1)

Whitney Rae Williams · Chief Financial Officer
Why this person: Chief Financial Officer at the firm

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. 1 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

6 current, 0 departed

Martin James Dolfi
Managing Partner · 1 deal attributed
Bill Schultz
Partner · 1 deal attributed
Whitney Rae Williams
Chief Financial Officer

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

20 vehicles, 0 LPs disclosed

Funds and vehicles

20 reported

Vehicle	Type	Vintage	Lifecycle	Reported GAV	Owners	Form D sold	Latest Form D
LS 2025 Investors LLC	Fund	2025 name year	Early deployment	$405,000 Mar 30, 2026	4	unknown	unknown
Cb2 2024 Investors LLC	Fund	2024 name year	Early deployment	$2.1M Mar 30, 2026	4	unknown	unknown
RHB 2024 Investors LLC	Fund	2024 name year	Early deployment	$1.9M Mar 30, 2026	7	unknown	unknown

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

14 co-investors · on 2 other DFX graphs

Co-investors

14 counted from shared deals, for the whole firm

BAM Ventures
2 shared deals · recurring
2026-10-01
Silas Capital LLC
2 shared deals · recurring
2026-10-01
Lerer Hippeau Ventures Management, LLC
2 shared deals · recurring
2026-10-01

Across DFX and the capital chainon 2 other DFX graphs Show

Across DFX

Sponsor-market profile (matched by same CRD)
The same institution is held on Independent Sponsors, Private Equity, matched by identifier. See which records

Across the graphs

Beliade is the same institution as 2 records in Independent Sponsors and Private Equity.

Independent Sponsors1Private Equity1

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…

Evidence and history

23 dated events, 130 observations from 4 sources

Timeline

23 dated events

Mar 30, 2026
GCC 2024 Investors LLC first reported on Form ADV by Beliade (Venture Capital Fund), GAV $1,430,000
Fund first reported on Form ADVFundsInferenceGCC 2024 Investors LLC Form ADV
Mar 30, 2026
RHB 2024 Investors LLC first reported on Form ADV by Beliade (Venture Capital Fund), GAV $1,914,654
Fund first reported on Form ADVFundsInferenceRHB 2024 Investors LLC Form ADV
Mar 30, 2026
Cb2 2024 Investors LLC first reported on Form ADV by Beliade (Venture Capital Fund), GAV $2,100,000
Fund first reported on Form ADVFundsInferenceCb2 2024 Investors LLC Form ADV
Mar 30, 2026
LS 2025 Investors LLC first reported on Form ADV by Beliade (Venture Capital Fund), GAV $405,000
Fund first reported on Form ADVFundsInferenceLS 2025 Investors LLC Form ADV
Mar 31, 2023
FTB 2022 Investors LLC first reported on Form ADV by Beliade (Private Equity Fund), GAV $1,000,000
Fund first reported on Form ADVFundsFactFTB 2022 Investors LLC Form ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 16 private fundsShow

Headquarters: New York, NYadviserinfo.sec.gov
Office address: unknownsec.gov
Business phone: unknownadviserinfo.sec.gov
Website: beliade.com
SEC adviser type: Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed: Private fund adviseradviserinfo.sec.gov
Latest Form ADV: Mar 30, 2026
Private funds reported: 16 (12 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total: $115Madviserinfo.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

Sep 23, 2026
Institutional venture firm (probable, 80%)
Venture manager, reported GAV $117M across 20 vehicles
Sep 15, 2026
Institutional venture firm (probable, 80%)
Venture manager, reported GAV $70M across 16 vehicles
Sep 12, 2026
Institutional venture firm (probable, 80%)
Venture manager, reported GAV $70M across 15 vehicles

Evidence

130 observations from 4 sources

Every observation behind this profile, with its source, date and class

Fact	Value	Effective	Class	Source
Why admitted	VC funds reported	Mar 30, 2026	Fact	Form ADV
SEC exemption claimed	Private fund adviser	Mar 30, 2026	Fact	Form ADV
SEC exemption claimed	Private fund adviser	Mar 28, 2024	Fact	Form ADV
SEC adviser type	Exempt reporting adviser	Mar 30, 2026	Fact	Form ADV
SEC adviser type	Exempt reporting adviser	Mar 30, 2026	Fact	Form ADV
SEC adviser type	Exempt reporting adviser	Mar 28, 2024	Fact	Form ADV
First Form ADV filing	2021-07-02	Mar 30, 2026	Fact	Form ADV
First Form ADV filing	2021-07-02	Mar 28, 2024	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	2026-03-30	Mar 30, 2026	Fact	Form ADV
Latest Form ADV filing	2026-03-30	Mar 30, 2026	Fact	Form ADV
Latest Form ADV filing	2024-03-28	Mar 28, 2024	Fact	Form ADV
SEC status	ERA - Active	Mar 30, 2026	Fact	Form ADV
SEC status effective	2021-07-02	Mar 30, 2026	Fact	Form ADV
Venture share of reported funds	1	Mar 30, 2026	Fact	Form ADV
Venture share of reported funds	1	Mar 28, 2024	Fact	Form ADV
Business phone		Mar 30, 2026	Fact	Form ADV
Business phone		Mar 28, 2024	Fact	Form ADV
Entity type	Limited Partnership		Fact	Form D
Entity type	Limited Partnership	May 3, 2019	Fact	Form D
Entity type	Limited Partnership	Apr 10, 2019	Fact	Form D
Entity type	Limited Partnership	Apr 8, 2019	Fact	Form D
Form D fund type	Venture Capital Fund		Fact	Form D
Form D fund type	Venture Capital Fund	May 3, 2019	Fact	Form D
Form D fund type	Venture Capital Fund	Apr 10, 2019	Fact	Form D
Form D fund type	Venture Capital Fund	Apr 8, 2019	Fact	Form D
Form D industry group	Pooled Investment Fund		Fact	Form D
Form D industry group	Pooled Investment Fund	May 3, 2019	Fact	Form D
Form D industry group	Pooled Investment Fund	Apr 10, 2019	Fact	Form D
Form D industry group	Pooled Investment Fund	Apr 8, 2019	Fact	Form D
Amendment	false		Fact	Form D
Amendment	true		Fact	Form D
Amendment	true	May 3, 2019	Fact	Form D
Amendment	true	Apr 10, 2019	Fact	Form D
Amendment	false	Apr 8, 2019	Fact	Form D
Revenue range (Form D)	Decline to Disclose		Fact	Form D
Revenue range (Form D)	Decline to Disclose	May 3, 2019	Fact	Form D
Revenue range (Form D)	Decline to Disclose	Apr 10, 2019	Fact	Form D
Revenue range (Form D)	Decline to Disclose	Apr 8, 2019	Fact	Form D
Headquarters	New York, NY	Mar 30, 2026	Fact	Form ADV
Headquarters	New York, NY	Mar 28, 2024	Fact	Form ADV
Incorporated	withinFiveYears		Fact	Form D
Incorporated	withinFiveYears	May 3, 2019	Fact	Form D
Incorporated	withinFiveYears	Apr 10, 2019	Fact	Form D
Incorporated	withinFiveYears	Apr 8, 2019	Fact	Form D
Jurisdiction	Delaware		Fact	Form D
Jurisdiction	Delaware	May 3, 2019	Fact	Form D
Jurisdiction	Delaware	Apr 10, 2019	Fact	Form D
Jurisdiction	Delaware	Apr 8, 2019	Fact	Form D
Amount sold (Form D)	8,453,937		Fact	Form D
Amount sold (Form D)	8,453,937	May 3, 2019	Fact	Form D
Amount sold (Form D)	8,453,937	Apr 10, 2019	Fact	Form D
Amount sold (Form D)	8,453,937	Apr 8, 2019	Fact	Form D
Offering amount (Form D)	8,453,937		Fact	Form D
Offering amount (Form D)	8,453,937	May 3, 2019	Fact	Form D
Offering amount (Form D)	8,453,937	Apr 10, 2019	Fact	Form D
Offering amount (Form D)	8,453,937	Apr 8, 2019	Fact	Form D
Exemptions	06b, 3C, 3C.1		Fact	Form D
Exemptions	06b, 3C, 3C.1	May 3, 2019	Fact	Form D
Exemptions	06b, 3C, 3C.1	Apr 10, 2019	Fact	Form D
Exemptions	06b, 3C, 3C.1	Apr 8, 2019	Fact	Form D
First sale	2015-06-04		Fact	Form D
First sale	2015-06-04	May 3, 2019	Fact	Form D
First sale	2015-06-04	Apr 10, 2019	Fact	Form D
First sale	2015-06-04	Apr 8, 2019	Fact	Form D
Investors (Form D)	46		Fact	Form D
Investors (Form D)	46	May 3, 2019	Fact	Form D
Investors (Form D)	46	Apr 10, 2019	Fact	Form D
Investors (Form D)	46	Apr 8, 2019	Fact	Form D
Minimum investment (Form D)	0		Fact	Form D
Minimum investment (Form D)	0	May 3, 2019	Fact	Form D
Minimum investment (Form D)	0	Apr 10, 2019	Fact	Form D
Minimum investment (Form D)	0	Apr 8, 2019	Fact	Form D
Securities offered	pooled		Fact	Form D
Securities offered	pooled	May 3, 2019	Fact	Form D
Securities offered	pooled	Apr 10, 2019	Fact	Form D
Securities offered	pooled	Apr 8, 2019	Fact	Form D
Office address			Fact	Form D
Office address		Mar 30, 2026	Fact	Form ADV
Office address		Mar 28, 2024	Fact	Form ADV
Office address		May 3, 2019	Fact	Form D
Office address		Apr 10, 2019	Fact	Form D
Office address		Apr 8, 2019	Fact	Form D
Legal form	Limited Partnership	Mar 30, 2026	Fact	Form ADV
Legal form	Limited Partnership	Mar 28, 2024	Fact	Form ADV
PE funds reported	4	Mar 30, 2026	Fact	Form ADV
Portfolio page		Oct 1, 2026	Fact	no URL
Portfolio page		Sep 16, 2026	Fact	no URL
Portfolio page		Sep 13, 2026	Fact	no URL
Private funds reported	16	Mar 30, 2026	Fact	Form ADV
Private funds reported	16	Mar 30, 2026	Fact	Form ADV
Private funds reported	15	Mar 28, 2024	Fact	Form ADV
Private fund gross assets (reported)	$115M	Mar 30, 2026	Fact	Form ADV
Private fund gross assets (reported)	$115M	Mar 30, 2026	Fact	Form ADV
Private fund gross assets (reported)	$69.7M	Mar 28, 2024	Fact	Form ADV
Schedule a diff	sadiff-1	Mar 30, 2026	Fact	Form ADV
Stated geography	new york “geography words on the home page”	Oct 1, 2026	Fact	no URL
Stated geography	new york “geography words on the home page”	Sep 16, 2026	Fact	no URL
Stated geography	new york “geography words on the home page”	Sep 13, 2026	Fact	no URL
Stated sectors	consumer “sector words on the home page”	Oct 1, 2026	Fact	no URL
Stated sectors	consumer “sector words on the home page”	Sep 16, 2026	Fact	no URL
Stated sectors	consumer “sector words on the home page”	Sep 13, 2026	Fact	no URL
Stated stages	Seed, series a, growth “stage words on the home page”	Oct 1, 2026	Fact	no URL
Stated stages	Seed, series a, growth “stage words on the home page”	Sep 16, 2026	Fact	no URL
Stated stages	Seed, series a, growth “stage words on the home page”	Sep 13, 2026	Fact	no URL
Team page		Oct 1, 2026	Fact	no URL
Team page		Sep 16, 2026	Fact	no URL
Team page		Sep 13, 2026	Fact	no URL
Venture funds reported	12	Mar 30, 2026	Fact	Form ADV
Venture funds reported	12	Mar 30, 2026	Fact	Form ADV
Venture funds reported	10	Mar 28, 2024	Fact	Form ADV
Website		Mar 30, 2026	Fact	Form ADV
Website		Mar 28, 2024	Fact	Form ADV
Site title		Oct 1, 2026	Fact	no URL
Site title		Sep 16, 2026	Fact	no URL
Site title		Sep 13, 2026	Fact	no URL
Year of incorporation	2015		Fact	Form D
Year of incorporation	2015	May 3, 2019	Fact	Form D
Year of incorporation	2015	Apr 10, 2019	Fact	Form D
Year of incorporation	2015	Apr 8, 2019	Fact	Form D

How this is scored

Scores, classification basis and filing advisersInstitutional venture firm, probableShow

Importance

elevated

Active deployment

moderate

Emerging

low

Freshness

100

high

Institutional venture firm · probableSEC exempt reporting adviser

Venture manager, reported GAV $117M across 20 vehicles

The inputs behind each score

importance: gav: 0.32 · funds: 1 · people: 0.16 · investments: 0.56 · co investors: 0.46
active deployment: investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager: fund count: 20 · reported gav: $115M · first adv filing: 2021-07-02 · years since first filing: 5.2

Fits, record history and connections

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

Record history

4 dated events on the change ledger, latest event first

Adviser's first ADV filing
2021-07-02source on record
Form D filed
2019-05-03source on record
Form D filed
2019-04-10source on record

+1 more change on this record's ledger

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

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.

What matters now

People to know

Relationship network

How am I connected?

▸Investing

▸Team

▸Funds and LPs

▸Relationships across DFX

▸Evidence and history

▸Fits, record history and connections

Record history

Investing

Team

Funds and LPs

Relationships across DFX

Evidence and history

Fits, record history and connections