Cmea Capital

Institutional venture firmSEC-registered adviserClassification probable· San Francisco, CaliforniaCMEA.COM

Institutional venture firm, based in San Francisco, California, reporting $1.1B of fund assets across 16 funds.

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

Reported fund assets
$1.1B
the adviser's own Form ADV total
New companies, 12 mo
None
Investment team
3
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

1 additional team member, 10 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.

People to know

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

Relationship network

11 connected entities6 observed rounds1 repeat counterpartyrounds 2009 to 2013

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 Cmea Capital: 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 Cmea Capital

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

Investing

3 companies on record, 0 new in 12 months

Investments on record

3 companies, 6 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Presidio Partnersportfolio listingunknownunknownunknownunknownSep 23, 2026Fact Company website
Auspex Pharmaceuticals, Inc.Form D equity offeringunknown · boardDavid J Collier (strongly supported)$28.0M
form d sold
unknownSep 6, 2013Inference Form D
Isuppli IncForm D equity offeringunknown · boardJames F Watson (strongly supported)$442,772
form d sold
unknownJun 8, 2010Inference Form D

Stated thesis versus observed behaviour

7 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
unknown 100%
lead rate no observed dealsfollow-on rate 50%new companies, 12 months 0

Team

4 current, 3 departed

Decision makers

who to call first, and why; then everyone else by function
  • David J Collier · Managing Director
    Why this person: Managing director; Named with investment responsibility
  • James F Watson · Managing Director
    Why this person: Managing director; Named with investment responsibility
  • Thomas R Baruch · Owner
    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

4 current, 3 departed
3 departed (kept with end dates)

Contacts

1 firm phone

1 firm phone 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
Cmea Ventures VI, L.P.FundunknownUnknown$159M
Aug 8, 2014
52unknownunknown
Cmea Ventures VI Gmbh & Co. KgFundunknownUnknown$3.9M
Aug 8, 2014
2unknownunknown

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

1 relationship across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Colorado Public Employees' Retirement AssociationSTATE RETIREMENT SYSTEMCmea Ventures VI, L.P.$30.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure

Relationships across DFX

2 co-investors · on 1 other DFX graph

Co-investors

2 counted from shared deals, for the whole firm
Across DFX and the capital chainon 1 other DFX graph · 1 capital path Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

Cmea Capital is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Capital chain

Cmea Capital sits on 1 traced path of capital across the graphs.

Allocator commitments to a manager

DFX traced 1 path of capital through this record

Every record on each path, what it committed or lent, and as of when.

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

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

15 dated events, 18 observations from 1 source

Timeline

15 dated events
  1. Mar 25, 2014
    Karen Hunt Eliadis (Chief Financial Officer) no longer on Schedule A of Cmea Capital
    Person leftPeopleInferenceKaren Hunt EliadisForm ADV
  2. Mar 25, 2014
    Karl D Handelsman (Managing Director) no longer on Schedule A of Cmea Capital
    Person leftPeopleInferenceKarl D HandelsmanForm ADV
  3. May 1, 2013
    LEE R Pantuso joined Schedule A of Cmea Capital as Chief Financial Officer
    Person joinedPeopleFactLEE R PantusoForm ADV
  4. Apr 1, 2013
    John Leslie Haag (Chief Operating Partner) no longer on Schedule A of Cmea Capital
    Person leftPeopleInferenceJohn Leslie HaagForm ADV
  5. Feb 1, 2013
    Karen Hunt Eliadis joined Schedule A of Cmea Capital as Chief Financial Officer
    Person joinedPeopleFactKaren Hunt EliadisForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Aug 8, 2014 · 16 private fundsShow
Headquarters
San Francisco, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
CMEA.COM
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Aug 8, 2014
Private funds reported
16 (16 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$1.1Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$404Mthe adviser's RAUM, a regulatory measure, never a fund size
Employees
9
Owners on Schedule A
Cmea Development Corp. (Class B Member), owns under 5%

Classification history

Every classification this record has carried1 on recordShow
  1. Sep 12, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $163M across 2 vehicles

Evidence

18 observations from 1 source
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeRegistered investment adviserAug 8, 2014FactForm ADV
First Form ADV filing2012-03-30Aug 8, 2014FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2014-08-08Aug 8, 2014FactForm ADV
Venture share of reported funds1Aug 8, 2014FactForm ADV
Business phoneAug 8, 2014FactForm ADV
Employees9Aug 8, 2014FactForm ADV
HeadquartersSan Francisco, CAAug 8, 2014FactForm ADV
Office addressAug 8, 2014FactForm ADV
Private funds reported16Aug 8, 2014FactForm ADV
Private fund gross assets (reported)$1.1BAug 8, 2014FactForm ADV
Regulatory AUM (adviser, not fund size)$404MAug 8, 2014FactForm ADV
Venture funds reported16Aug 8, 2014FactForm ADV
WebsiteAug 8, 2014FactForm ADV
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, probableShow
Importance
34
moderate
Active deployment
0
low
Emerging
0
low
Freshness
91
high
Institutional venture firm · probableSEC registered investment adviser

Venture manager, reported GAV $163M across 2 vehicles

The inputs behind each score
importance
gav: 0.62 · funds: 0.17 · people: 0.12 · investments: 0.31 · co investors: 0.12
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: $1.1B · first adv filing: 2012-03-30 · years since first filing: 14.5

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
    2012-03-30source 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.

Not yet on record: latest vintage.