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 / D•••••••• F••••••• L••
D•••••••• F••••••• L••
One of 3 advisers that share d••••••••.com; the firm is D••••••••. D•••••••• O••••••••• M••••••••• L••, T•• D••• T••••• L••. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
At D••••••••, the Cyber Startup F••••••, we empower startups to achieve their best potential - join us in shaping the future of cybersecurity excellence.
name or self-description says studio or venture builder
Importance
23
moderate
Active deployment
30
moderate
Emerging
0
low
Completeness
69
high
Freshness
97
high
Research priority
11
low
Identity and regulatory footprint
- Headquarters
- Fulton, MDadviserinfo.sec.gov
- Office address
- 8110 MAPLE LAWN BLVD, SUITE 200, Fulton, MD, 20759adviserinfo.sec.gov
- Business phone
- 240-630-3715adviserinfo.sec.gov
- Website
- d••••••••.com
- 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 26, 2026
- Private funds reported
- 3 (3 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $301Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- C•••••••• L•• (Member), D
- business phone
- 240-630-3715adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
12 observed deals
Stated (the firm’s website)
- Sectors
- cybersecurity
- 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 92%Other Technology 8%
lead rate n/afollow-on rate n/anew logos, 12 months 12
Funds and vehicles
1 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| T•• D•••••••• I••• L•• | Fund | 2022 form d first sale | Active deployment | $28.8M Mar 28, 2024 | 54 | $24.5M | Mar 29, 2024 |
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
17 current, 1 departed
D•••• W•••••
AnalystAnalyst
B•• A•••••••
Managing partnerCo-Founder & Managing Partner
M••• J••••
Managing partnerCo-Founder & Managing Partner
C•••• I••••••••• C•••••••••
OtherPortfolio
A••• H•••
PartnerPartner, Product Strategy
J••• L••• F••••
PartnerManaging Director · since Mar 1, 2021
L•• S••••
PartnerManaging Director
M•••••• B••••••••
PartnerPartner, Customer Success
M•••••• A•••••• J••••
PartnerMember Manager · since Jun 1, 2010
R•• A•••••••
PartnerManaging Director
R••••• R•••••• A•••••••
PartnerMember Manager · since Mar 1, 2021
T••• S••••
PartnerPartner, GTM
M••• M••••
Platform and operationsChief Financial Officer
V••••••• G••••••
Platform and operationsExecutive Assistant & Office Manager
J••• F••••
Venture partnerVenture Partner
R•• J••••
Venture partnerVenture Partner
R•• L••
Venture partnerVenture Partner
1 departed (kept with end dates)
- S••••• S••••••• · Cfo · Aug 1, 2022 to Mar 28, 2024 Inference
Investments on record
12 edges, 12 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
4 relationships from shared deals, counted for the whole firm
Limited partners
0 disclosed
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.
Timeline
6 dated events
- Mar 28, 2024S••••• Joseph S••••••• (Cfo) no longer on Schedule A of D•••••••• F••••••• L••
- Mar 30, 2023T•• D•••••••• I••• L•• first reported on Form ADV by D•••••••• F••••••• L•• (Venture Capital Fund), GAV $21,387,716Fund first reported on Form ADVFundsFactT•• D•••••••• I••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Aug 1, 2022S••••• Joseph S••••••• joined Schedule A of D•••••••• F••••••• L•• as Cfo
- Mar 28, 2022T•• D••• T•••• I• L•• first reported on Form ADV by D•••••••• F••••••• L•• (Venture Capital Fund), GAV $145,142,258Fund first reported on Form ADVFundsFactT•• D••• T•••• I• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 26, 2021D•••••••• F••••••• L•• first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 26, 2021T•• D••• T•••• I•• L•• first reported on Form ADV by D•••••••• F••••••• L•• (Venture Capital Fund), GAV $39,950,423Fund first reported on Form ADVFundsFactT•• D••• T•••• I•• 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, 2026Venture studio (confirmed, 95%, cls-1)name or self-description says studio or venture builder
Evidence
40 observations from 3 sources