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.

Firms / Echelon Management

Echelon Management

Institutional venture firmEvanston, WYecheloncap.comSEC venture capital fund adviser

Championing the outer echelon of founders — before the world is ready for them

venture manager, reported GAV $101M across 11 vehicles

Importance
26
moderate
Active deployment
25
moderate
Emerging
0
low
Completeness
56
elevated
Freshness
100
high
Research priority
12
low
Identity and regulatory footprint
Headquarters
Evanston, WYadviserinfo.sec.gov
Office address
221 10TH STREET, Evanston, WY, 82930adviserinfo.sec.gov
Business phone
617-285-0330adviserinfo.sec.gov
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
May 4, 2026
Private funds reported
11 (11 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$122Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Echelon Ownership Group, LLC (Owner), B
business phone
617-285-0330adviserinfo.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
10 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Echelon Fervo, LLCFund2026 form d first saleNewly closedunknownunknown$13.1M
of $13.1M
May 14, 2026
Echelon 2022, L.P.Fund2022 name yearActive deployment$4.0M
Mar 29, 2024
2$11.3M
of $11.3M
Jan 2, 2024
Echelon 2022-A, L.P.Feeder or parallel2022 name yearActive deployment$0
Mar 29, 2024
2unknownunknown
Echelon 2020, L.P.Fund2020 name yearMature$7.7M
Mar 29, 2024
2unknownunknown
Echelon 2017, L.P.Fund2017 name yearHarvest$50.7M
Mar 29, 2024
2unknownunknown
Echelon Pie a, LLCFundunknownUnknown$21.9M
Mar 29, 2024
2unknownunknown
Echelon Pie B, LLCFundunknownUnknown$10.0M
Mar 29, 2024
2unknownunknown
Echelon 22c, LLCFundunknownUnknown$3.3M
Mar 29, 2024
2unknownunknown
Echelon Itg, LLCFundunknownUnknown$2.3M
Mar 29, 2024
2unknownunknown
Echelon 22c II, LLCFundunknownUnknown$1.5M
Mar 29, 2024
2unknownunknown
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
2 current, 0 departed
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
10 dated events
  1. Mar 29, 2024
    Echelon 2022-A, L.P. first reported on Form ADV by Echelon Management (Venture Capital Fund)
  2. Apr 21, 2022
    Echelon 22c II, LLC first reported on Form ADV by Echelon Management (Venture Capital Fund), GAV $5,000,000
  3. Apr 21, 2022
    Echelon 2022, L.P. first reported on Form ADV by Echelon Management (Venture Capital Fund), GAV $15,000,000
  4. Apr 21, 2022
    Echelon Pie B, LLC first reported on Form ADV by Echelon Management (Venture Capital Fund), GAV $9,982,532
  5. Apr 21, 2022
    Echelon Itg, LLC first reported on Form ADV by Echelon Management (Venture Capital Fund), GAV $2,209,183
  6. Apr 21, 2022
    Echelon Management first filed Form ADV (ERA, venture capital fund adviser exemption)
  7. Apr 21, 2022
    Echelon 2017, L.P. first reported on Form ADV by Echelon Management (Venture Capital Fund), GAV $47,270,198
  8. Apr 21, 2022
    Echelon Pie a, LLC first reported on Form ADV by Echelon Management (Venture Capital Fund), GAV $5,000,000
  9. Apr 21, 2022
    Echelon 22c, LLC first reported on Form ADV by Echelon Management (Venture Capital Fund), GAV $4,364,888
  10. Apr 21, 2022
    Echelon 2020, L.P. first reported on Form ADV by Echelon Management (Venture Capital Fund), GAV $10,131,672
Classification history
  1. Sep 12, 2026
    Institutional venture firm (confirmed, 95%, cls-1)
    venture manager, reported GAV $101M across 11 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%, cls-1)
    venture manager, reported GAV $101M across 9 vehicles
Evidence
37 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedvc_exemption,vc_funds_reportedMay 4, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserMay 4, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC adviser typeexempt_reporting_adviserMay 4, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeexempt_reporting_adviserMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2022-04-21Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2026-05-04May 4, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Latest Form ADV filing2024-03-29Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC statusERA - ActiveMay 4, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC status effective2022-04-21May 4, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture share of reported funds1Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone617-285-0330May 4, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Business phone617-285-0330Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
DescriptionChampioning the outer echelon of founders — before the world is ready for them
meta description
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
HeadquartersEvanston, WYMay 4, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
HeadquartersEvanston, WYMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address221 10TH STREET, Evanston, WY, 82930May 4, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Office address221 10TH STREET, Evanston, WY, 82930Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Legal formLimited Liability CompanyMay 4, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Legal formLimited Liability CompanyMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private funds reported11May 4, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private funds reported9Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$122MMay 4, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private fund gross assets (reported)$101MMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Venture funds reported11May 4, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture funds reported9Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Websitehttps://www.echeloncap.com
re-picked from Schedule D 1.I by name
Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Websitehttps://www.echelon.xyzMay 4, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Websitehttps://www.echelon.xyzMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Websitehttps://www.echeloncap.comMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Website resolved domainechelon.xyz
https://echeloncap.com/ redirected to https://www.echelon.xyz/
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Website statusunreachable
home page did not answer with HTML
Sep 13, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleEchelon | Home of the Alienati
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)