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.

Reported fund assets
$115M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
3
Latest vintage
2025
As of · 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. 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. 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
  • Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • 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
›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 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
CompanyRoundRolePartnerRound sizeThis investorDateSource
Ceremoniaportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Commonwealthportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Cotopaxiportfolio listingunknownunknownunknownunknownOct 1, 2026Fact 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)

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

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
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
LS 2025 Investors LLCFund2025 name yearEarly deployment$405,000
Mar 30, 2026
4unknownunknown
Cb2 2024 Investors LLCFund2024 name yearEarly deployment$2.1M
Mar 30, 2026
4unknownunknown
RHB 2024 Investors LLCFund2024 name yearEarly deployment$1.9M
Mar 30, 2026
7unknownunknown

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
Across DFX and the capital chainon 2 other DFX graphs Show
Across DFX
Across the graphs

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

Private Equity1Independent Sponsors1

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
  1. 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 LLCForm ADV
  2. 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 LLCForm ADV
  3. 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 LLCForm ADV
  4. 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 LLCForm ADV
  5. 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 LLCForm 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
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
  1. Sep 23, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $117M across 20 vehicles
  2. Sep 15, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $70M across 16 vehicles
  3. 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
FactValueEffectiveClassSource
Why admittedVC funds reportedMar 30, 2026FactForm ADV
SEC exemption claimedPrivate fund adviserMar 30, 2026FactForm ADV
SEC exemption claimedPrivate fund adviserMar 28, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 28, 2024FactForm ADV
First Form ADV filing2021-07-02Mar 30, 2026FactForm ADV
First Form ADV filing2021-07-02Mar 28, 2024FactForm 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 filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2024-03-28Mar 28, 2024FactForm ADV
SEC statusERA - ActiveMar 30, 2026FactForm ADV
SEC status effective2021-07-02Mar 30, 2026FactForm ADV
Venture share of reported funds1Mar 30, 2026FactForm ADV
Venture share of reported funds1Mar 28, 2024FactForm ADV
Business phoneMar 30, 2026FactForm ADV
Business phoneMar 28, 2024FactForm ADV
Entity typeLimited PartnershipFactForm D
Entity typeLimited PartnershipMay 3, 2019FactForm D
Entity typeLimited PartnershipApr 10, 2019FactForm D
Entity typeLimited PartnershipApr 8, 2019FactForm D
Form D fund typeVenture Capital FundFactForm D
Form D fund typeVenture Capital FundMay 3, 2019FactForm D
Form D fund typeVenture Capital FundApr 10, 2019FactForm D
Form D fund typeVenture Capital FundApr 8, 2019FactForm D
Form D industry groupPooled Investment FundFactForm D
Form D industry groupPooled Investment FundMay 3, 2019FactForm D
Form D industry groupPooled Investment FundApr 10, 2019FactForm D
Form D industry groupPooled Investment FundApr 8, 2019FactForm D
AmendmentfalseFactForm D
AmendmenttrueFactForm D
AmendmenttrueMay 3, 2019FactForm D
AmendmenttrueApr 10, 2019FactForm D
AmendmentfalseApr 8, 2019FactForm D
Revenue range (Form D)Decline to DiscloseFactForm D
Revenue range (Form D)Decline to DiscloseMay 3, 2019FactForm D
Revenue range (Form D)Decline to DiscloseApr 10, 2019FactForm D
Revenue range (Form D)Decline to DiscloseApr 8, 2019FactForm D
HeadquartersNew York, NYMar 30, 2026FactForm ADV
HeadquartersNew York, NYMar 28, 2024FactForm ADV
IncorporatedwithinFiveYearsFactForm D
IncorporatedwithinFiveYearsMay 3, 2019FactForm D
IncorporatedwithinFiveYearsApr 10, 2019FactForm D
IncorporatedwithinFiveYearsApr 8, 2019FactForm D
JurisdictionDelawareFactForm D
JurisdictionDelawareMay 3, 2019FactForm D
JurisdictionDelawareApr 10, 2019FactForm D
JurisdictionDelawareApr 8, 2019FactForm D
Amount sold (Form D)8,453,937FactForm D
Amount sold (Form D)8,453,937May 3, 2019FactForm D
Amount sold (Form D)8,453,937Apr 10, 2019FactForm D
Amount sold (Form D)8,453,937Apr 8, 2019FactForm D
Offering amount (Form D)8,453,937FactForm D
Offering amount (Form D)8,453,937May 3, 2019FactForm D
Offering amount (Form D)8,453,937Apr 10, 2019FactForm D
Offering amount (Form D)8,453,937Apr 8, 2019FactForm D
Exemptions06b, 3C, 3C.1FactForm D
Exemptions06b, 3C, 3C.1May 3, 2019FactForm D
Exemptions06b, 3C, 3C.1Apr 10, 2019FactForm D
Exemptions06b, 3C, 3C.1Apr 8, 2019FactForm D
First sale2015-06-04FactForm D
First sale2015-06-04May 3, 2019FactForm D
First sale2015-06-04Apr 10, 2019FactForm D
First sale2015-06-04Apr 8, 2019FactForm D
Investors (Form D)46FactForm D
Investors (Form D)46May 3, 2019FactForm D
Investors (Form D)46Apr 10, 2019FactForm D
Investors (Form D)46Apr 8, 2019FactForm D
Minimum investment (Form D)0FactForm D
Minimum investment (Form D)0May 3, 2019FactForm D
Minimum investment (Form D)0Apr 10, 2019FactForm D
Minimum investment (Form D)0Apr 8, 2019FactForm D
Securities offeredpooledFactForm D
Securities offeredpooledMay 3, 2019FactForm D
Securities offeredpooledApr 10, 2019FactForm D
Securities offeredpooledApr 8, 2019FactForm D
Office addressFactForm D
Office addressMar 30, 2026FactForm ADV
Office addressMar 28, 2024FactForm ADV
Office addressMay 3, 2019FactForm D
Office addressApr 10, 2019FactForm D
Office addressApr 8, 2019FactForm D
Legal formLimited PartnershipMar 30, 2026FactForm ADV
Legal formLimited PartnershipMar 28, 2024FactForm ADV
PE funds reported4Mar 30, 2026FactForm ADV
Portfolio pageOct 1, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 13, 2026Fact
Private funds reported16Mar 30, 2026FactForm ADV
Private funds reported16Mar 30, 2026FactForm ADV
Private funds reported15Mar 28, 2024FactForm ADV
Private fund gross assets (reported)$115MMar 30, 2026FactForm ADV
Private fund gross assets (reported)$115MMar 30, 2026FactForm ADV
Private fund gross assets (reported)$69.7MMar 28, 2024FactForm ADV
Schedule a diffsadiff-1Mar 30, 2026FactForm ADV
Stated geographynew york
“geography words on the home page”
Oct 1, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 16, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 13, 2026Fact
Stated sectorsconsumer
“sector words on the home page”
Oct 1, 2026Fact
Stated sectorsconsumer
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsconsumer
“sector words on the home page”
Sep 13, 2026Fact
Stated stagesSeed, series a, growth
“stage words on the home page”
Oct 1, 2026Fact
Stated stagesSeed, series a, growth
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesSeed, series a, growth
“stage words on the home page”
Sep 13, 2026Fact
Team pageOct 1, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 13, 2026Fact
Venture funds reported12Mar 30, 2026FactForm ADV
Venture funds reported12Mar 30, 2026FactForm ADV
Venture funds reported10Mar 28, 2024FactForm ADV
WebsiteMar 30, 2026FactForm ADV
WebsiteMar 28, 2024FactForm ADV
Site titleOct 1, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 13, 2026Fact
Year of incorporation2015FactForm D
Year of incorporation2015May 3, 2019FactForm D
Year of incorporation2015Apr 10, 2019FactForm D
Year of incorporation2015Apr 8, 2019FactForm D
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, probableShow
Importance
47
elevated
Active deployment
25
moderate
Emerging
0
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.