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 / U••• A•••• M••••••••• L••
U••• A•••• M••••••••• L••
both early and growth/opportunity families, reported GAV $59M
Importance
24
moderate
Active deployment
25
moderate
Emerging
0
low
Completeness
50
elevated
Freshness
100
high
Research priority
12
low
Identity and regulatory footprint
- Headquarters
- Houston, TXadviserinfo.sec.gov
- Office address
- 4444 WESTHEIMER, SUITE G500, Houston, TX, 77027adviserinfo.sec.gov
- Business phone
- 713-366-0500adviserinfo.sec.gov
- Website
- u••••••.com
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Apr 24, 2026
- Private funds reported
- 24 (22 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $132Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $132Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 6
- Owners on Schedule A
- U••• L•• (Sole Managing Member), E
- business phone
- 713-366-0500adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
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: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
22 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| U••• F••• L••• F•••• F••• I•• S••••••••• P•••••••• | Fund | 2024 adv first reported | Early deployment | $4.0M Nov 21, 2024 | 11 | unknown | unknown |
| U••• B•••• V••••••• F••• I• L• S••••••••• P•••••••• | Fund | 2023 adv first reported | Active deployment | $1.1M Nov 21, 2024 | 55 | unknown | unknown |
| U••• E•••••••• F••• I• S••••••••• P•••••••• | Fund | 2023 adv first reported | Active deployment | $970,871 Nov 21, 2024 | 55 | unknown | unknown |
| U••• P•••• M••••• F••• I•• S••••••••• P•••••••• | Fund | 2023 adv first reported | Active deployment | $689,201 Nov 21, 2024 | 27 | unknown | unknown |
| U••• C••••••• C•••••• I• S••••••••• P•••••••• | Fund | 2023 adv first reported | Active deployment | $580,841 Nov 21, 2024 | 14 | unknown | unknown |
| U••• V••••• G••••• F••• S••••••••• P•••••••• | Fund | 2022 adv first reported | Active deployment | $9.6M Nov 21, 2024 | 73 | unknown | unknown |
| U••• T•••• G••••• F••• S••••••••• P•••••••• | Fund | 2022 adv first reported | Active deployment | $7.2M Nov 21, 2024 | 78 | unknown | unknown |
| U••• C••••• P•••••• G••••• E••••• F••• S••••••••• P•••••••• | Growth fund | 2022 adv first reported | Active deployment | $6.1M Nov 21, 2024 | 73 | unknown | unknown |
| U••• B•••• C•••••• F••• S••••••••• P•••••••• | Fund | 2022 adv first reported | Active deployment | $4.1M Nov 21, 2024 | 56 | unknown | unknown |
| U••• S••••• V•••••• P••••••• I•• L• F••• S••••••••• P•••••••• | Fund | 2022 adv first reported | Active deployment | $3.6M Nov 21, 2024 | 73 | unknown | unknown |
| U••• A••••• I••••••••• F••• S••••••••• P•••••••• | Fund | 2022 adv first reported | Active deployment | $3.5M Nov 21, 2024 | 66 | unknown | unknown |
| U••• F••• L••• A••••••• F•••• L• S••••••••• P•••••••• | Fund | 2022 adv first reported | Active deployment | $2.7M Nov 21, 2024 | 65 | unknown | unknown |
| U••• M•• C•••••• I•• L• F••• S••••••••• P•••••••• | Fund | 2022 adv first reported | Active deployment | $2.6M Nov 21, 2024 | 59 | unknown | unknown |
| U••• P•••• M••••• F••• S••••••••• P•••••••• | Fund | 2022 adv first reported | Active deployment | $2.1M Nov 21, 2024 | 71 | unknown | unknown |
| U••• F•••••• C••••••••• O••••••••• F••• S••••••••• P•••••••• | SPV or co-invest vehicle | 2022 adv first reported | Active deployment | $1.8M Nov 21, 2024 | 18 | unknown | unknown |
| U••• O••••••• S••••••••• P•••••••• | Fund | 2022 adv first reported | Active deployment | $1.6M Nov 21, 2024 | 18 | unknown | unknown |
| U••• C••• C•••••• S••••••••• P•••••••• | Fund | 2022 adv first reported | Active deployment | $1.3M Nov 21, 2024 | 20 | unknown | unknown |
| U••• C••••••• C•••••• I•• S••••••••• P•••••••• | Fund | 2022 adv first reported | Active deployment | $1.2M Nov 21, 2024 | 18 | unknown | unknown |
| U••• T••••••• F••• I• S••••••••• P•••••••• | Fund | 2022 adv first reported | Active deployment | $1.2M Nov 21, 2024 | 68 | unknown | unknown |
| U••• B•••••• C•••••• F••• I• S••••••••• P•••••••• | Fund | 2022 adv first reported | Active deployment | $1.1M Nov 21, 2024 | 18 | unknown | unknown |
| U••• C••••••••• V•••••• P••••••• X•• S••••••••• P•••••••• | Fund | 2022 adv first reported | Active deployment | $1.1M Nov 21, 2024 | 67 | unknown | unknown |
| U••• C••••••••• V•••••• D••••• O••••••••• F••• S••••••••• P•••••••• | Opportunity fund | 2022 adv first reported | Active deployment | $957,551 Nov 21, 2024 | 67 | unknown | unknown |
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
4 current, 11 departed
D•••• M•••••• K•••
Managing partnerManaging Partner · since Oct 1, 2013
P•••••• M•••••• M•••••••••
Managing partnerManaging Partner · since Oct 1, 2013
K•••• L••••• D•••••••••
Platform and operationsChief Financial Officer · since Oct 1, 2022
W••••• A••• G••••••
Platform and operationsCco · since Jun 1, 2021
11 departed (kept with end dates)
- D•••• L•• S•••••• · Member · Jan 1, 2008 to Oct 18, 2013 Inference
- P••••• J••• P••••••••• · Member · Jan 1, 2008 to Oct 18, 2013 Inference
- C••••••••• R••••• A••••• · Chief Financial Officer · Oct 1, 2017 to Nov 1, 2022 Inference
- E•••••••• C••••••• B•••••• · Cco - Managing D•••••or Compliance/Legal · Aug 1, 2017 to May 25, 2021 Inference
- I•••• M• S••••••• · Chief Financial Officer · Oct 1, 2013 to Nov 3, 2017 Inference
- J••• B•••••• R••• · Chief Compliance Officer · Oct 1, 2013 to Jan 23, 2014 Inference
- N•••••• C•••••••• A•• · Chief Compliance Officer & Coo · Sep 1, 2011 to Oct 17, 2013 Inference
- S•••• H••••• G••• · Chief Compliance Officer · May 1, 2021 to Jun 22, 2021 Inference
- S•••••• N•• H••••• · Chief Compliance Officer · Feb 1, 2014 to Mar 30, 2015 Inference
- T•••••• S••••••••• · General Counsel · Oct 1, 2013 to Feb 3, 2021 Inference
- D•••• S•••••• P••••• · Executive Vice President · Jan 1, 2008 to Oct 18, 2013 Inference
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
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
45 dated events
- Mar 26, 2024U••• F••• L••• F•••• F••• I•• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $4,050,000Fund first reported on Form ADVFundsFactU••• F••• L••• F•••• F••• I•• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2023U••• B•••• V••••••• F••• I• L• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $2,000,000Fund first reported on Form ADVFundsFactU••• B•••• V••••••• F••• I• L• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2023U••• C••••••• C•••••• I• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $1,000,000Fund first reported on Form ADVFundsFactU••• C••••••• C•••••• I• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2023U••• P•••• M••••• F••• I•• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $1,000,000Fund first reported on Form ADVFundsFactU••• P•••• M••••• F••• I•• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2023U••• E•••••••• F••• I• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $1,000,000Fund first reported on Form ADVFundsFactU••• E•••••••• F••• I• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Nov 1, 2022C••••••••• R••••• A••••• (Chief Financial Officer) no longer on Schedule A of U••• A•••• M••••••••• L••
- Oct 1, 2022K•••• L••••• D••••••••• joined Schedule A of U••• A•••• M••••••••• L•• as Chief Financial Officer
- Mar 28, 2022U••• B•••• C•••••• F••• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $4,045,000Fund first reported on Form ADVFundsFactU••• B•••• C•••••• F••• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2022U••• T•••• G••••• F••• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $6,425,000Fund first reported on Form ADVFundsFactU••• T•••• G••••• F••• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2022U••• S••••• V•••••• P••••••• I•• L• F••• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $2,100,000
- Mar 28, 2022U••• B•••••• C•••••• F••• I• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $1,000,000Fund first reported on Form ADVFundsFactU••• B•••••• C•••••• F••• I• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2022U••• C••••••••• V•••••• D••••• O••••••••• F••• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $800,000
- Mar 28, 2022U••• P•••• M••••• F••• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $2,075,000Fund first reported on Form ADVFundsFactU••• P•••• M••••• F••• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2022U••• V••••• G••••• F••• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $10,000,000Fund first reported on Form ADVFundsFactU••• V••••• G••••• F••• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2022U••• M•• C•••••• I•• L• F••• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $2,558,500Fund first reported on Form ADVFundsFactU••• M•• C•••••• I•• L• F••• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2022U••• C••••• P•••••• G••••• E••••• F••• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $5,895,000Fund first reported on Form ADVFundsFactU••• C••••• P•••••• G••••• E••••• F••• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2022U••• C••• C•••••• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $1,200,000Fund first reported on Form ADVFundsFactU••• C••• C•••••• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2022U••• A••••• I••••••••• F••• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $3,180,000Fund first reported on Form ADVFundsFactU••• A••••• I••••••••• F••• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2022U••• F•••••• C••••••••• O••••••••• F••• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $2,150,000
- Mar 28, 2022U••• T••••••• F••• I• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $1,000,000Fund first reported on Form ADVFundsFactU••• T••••••• F••• I• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2022U••• C••••••• C•••••• I•• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $1,200,000Fund first reported on Form ADVFundsFactU••• C••••••• C•••••• I•• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2022U••• F••• L••• A••••••• F•••• L• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $2,660,000Fund first reported on Form ADVFundsFactU••• F••• L••• A••••••• F•••• L• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2022U••• C••••••••• V•••••• P••••••• X•• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $800,000Fund first reported on Form ADVFundsFactU••• C••••••••• V•••••• P••••••• X•• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2022U••• O••••••• S••••••••• P•••••••• first reported on Form ADV by U••• A•••• M••••••••• L•• (Venture Capital Fund), GAV $2,000,000Fund first reported on Form ADVFundsFactU••• O••••••• S••••••••• P••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jun 22, 2021S•••• H••••• G••• (Chief Compliance Officer) no longer on Schedule A of U••• A•••• M••••••••• L••
- Jun 1, 2021W••••• A••• G•••••• joined Schedule A of U••• A•••• M••••••••• L•• as Cco
- May 25, 2021E•••••••• C••••••• B•••••• (Cco - Managing D•••••or Compliance/Legal) no longer on Schedule A of U••• A•••• M••••••••• L••
- May 1, 2021S•••• H••••• G••• joined Schedule A of U••• A•••• M••••••••• L•• as Chief Compliance Officer
- Feb 3, 2021T•••••• S••••••••• (General Counsel) no longer on Schedule A of U••• A•••• M••••••••• L••
- Nov 3, 2017I•••• M• S••••••• (Chief Financial Officer) no longer on Schedule A of U••• A•••• M••••••••• L••
- Oct 1, 2017C••••••••• R••••• A••••• joined Schedule A of U••• A•••• M••••••••• L•• as Chief Financial Officer
- Aug 1, 2017E•••••••• C••••••• B•••••• joined Schedule A of U••• A•••• M••••••••• L•• as Cco - Managing D•••••or Compliance/Legal
- Mar 30, 2015S•••••• N•• H••••• (Chief Compliance Officer) no longer on Schedule A of Condera Advisors, LLC
- Feb 1, 2014S•••••• N•• H••••• joined Schedule A of Condera Advisors, LLC as Chief Compliance Officer
- Jan 23, 2014J••• B•••••• R••• (Chief Compliance Officer) no longer on Schedule A of Condera Advisors, LLC
- Oct 18, 2013D•••• S•••••• P••••• (Executive Vice President) no longer on Schedule A of Condera Advisors, LLC
- Oct 18, 2013P••••• J••• P••••••••• (Member) no longer on Schedule A of Condera Advisors, LLC
- Oct 18, 2013D•••• L•• S•••••• (Member) no longer on Schedule A of Condera Advisors, LLC
- Oct 17, 2013N•••••• C•••••••• A•• (Chief Compliance Officer & Coo) no longer on Schedule A of Condera Advisors, LLC
- Oct 1, 2013T•••••• S••••••••• joined Schedule A of Condera Advisors, LLC as General Counsel
- Oct 1, 2013I•••• M• S••••••• joined Schedule A of Condera Advisors, LLC as Chief Financial Officer
- Oct 1, 2013D•••• M•••••• K••• joined Schedule A of Condera Advisors, LLC as Managing Partner
- Oct 1, 2013J••• B•••••• R••• joined Schedule A of Condera Advisors, LLC as Chief Compliance Officer
- Oct 1, 2013P•••••• M•••••• M••••••••• joined Schedule A of Condera Advisors, LLC as Managing Partner
- Dec 7, 2011Condera Advisors, LLC first filed Form ADV (IA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Multi-stage venture firm (probable, 80%, cls-1)both early and growth/opportunity families, reported GAV $59M
Evidence
77 observations from 3 sources