AI Ventures Management, LLC

Institutional venture firmpart of AISEC venture capital fund adviser· Palo Alto, CaliforniaAIFUND.AI

Institutional venture firm, based in Palo Alto, California, reporting $169M of fund assets on its funds' Form ADV filings.

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

Reported fund assets
$169M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
1
Investment team
25
Latest vintage
2018
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

21 additional co-investors and affiliates, 5 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.

What matters now

  1. 2 deals
    with AIX Ventures

    Invests most often alongside AIX Ventures (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 recordCo-investors →

People to know

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

Relationship network

15 connected entities

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
  • 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 AI Ventures Management, LLC: 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 AI Ventures Management, LLC

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

Investing

46 companies on record, 1 new in 12 months

Investments on record

46 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.

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
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (2)Manufacturing (1)
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 1

Team

34 current, 2 departed

Decision makers

who to call first, and why; then everyone else by function
  • Andrew Ng · Managing Member
    Why this person: Named with investment responsibility
Who else at this firm · 1 person, grouped by function
Finance, operations and compliance (1)
  • Eva Wang · Chief Operating Officer And General Counsel
    Why this person: Chief Operating Officer And General Counsel at the firm

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

34 current, 2 departed
2 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
AI Fund, L.P.Fund2018 adv first reportedHarvest$130M
Mar 24, 2026
15unknownunknown
AI Parallel Fund, L.P.Fund2017 form d first saleHarvest$38.4M
Mar 24, 2026
8$175M
of $175M
Feb 12, 2018

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

24 co-investors

Co-investors

24 counted from shared deals, for the whole firm

Compare portfolios with AIX Ventures LLC, DTX Vc LLC, Solari Capital Management LLC or any firm. Co-investors across the market

Evidence and history

10 dated events, 50 observations from 2 sources

Timeline

10 dated events
  1. seen on or beforeSep 12, 2026
    AI Ventures Management, LLC: MULTI_STAGE_VC -> INSTITUTIONAL_VC (venture manager, reported GAV $135M across 1 vehicles)
    Classification changedClassificationInference
  2. seen on or beforeSep 12, 2026
    AI Ventures Management, LLC: INSTITUTIONAL_VC -> MULTI_STAGE_VC (both early and growth/opportunity families, reported GAV $135M)
    Classification changedClassificationInference
  3. Mar 14, 2023
    Perry W Wu (General Partner) no longer on Schedule A of AI Ventures Management, LLC
    Person leftPeopleInferencePerry W WuForm ADV
  4. Mar 18, 2021
    Sean Michael Petersen (General Partner) no longer on Schedule A of AI Ventures Management, LLC
    Person leftPeopleInferenceSean Michael PetersenForm ADV
  5. Apr 1, 2020
    Perry W Wu joined Schedule A of AI Ventures Management, LLC as General Partner
    Person joinedPeopleFactPerry W WuForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 24, 2026 · 2 private fundsShow
Headquarters
Mountain View, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
AIFUND.AI
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 24, 2026
Private funds reported
2 (2 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$169Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried5 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $169M across 2 vehicles
  2. Sep 15, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $175M across 2 vehicles
  3. Sep 13, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $135M across 1 vehicle
  4. Sep 12, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $135M
  5. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $135M across 1 vehicle

Evidence

51 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 24, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 24, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 18, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 24, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 24, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 18, 2024FactForm ADV
First Form ADV filing2017-10-13Mar 24, 2026FactForm ADV
First Form ADV filing2017-10-13Mar 18, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm 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 filing2026-03-24Mar 24, 2026FactForm ADV
Latest Form ADV filing2026-03-24Mar 24, 2026FactForm ADV
Latest Form ADV filing2024-03-18Mar 18, 2024FactForm ADV
SEC statusERA - ActiveMar 24, 2026FactForm ADV
SEC status effective2017-10-13Mar 24, 2026FactForm ADV
Venture share of reported funds1Mar 24, 2026FactForm ADV
Venture share of reported funds1Mar 18, 2024FactForm ADV
Business phoneMar 24, 2026FactForm ADV
Business phoneMar 18, 2024FactForm ADV
HeadquartersMountain View, CAMar 24, 2026FactForm ADV
HeadquartersPalo Alto, CAMar 18, 2024FactForm ADV
Office addressMar 24, 2026FactForm ADV
Office addressMar 18, 2024FactForm ADV
Legal formLimited Liability CompanyMar 24, 2026FactForm ADV
Legal formLimited Liability CompanyMar 18, 2024FactForm ADV
Private funds reported2Mar 24, 2026FactForm ADV
Private funds reported2Mar 24, 2026FactForm ADV
Private funds reported2Mar 18, 2024FactForm ADV
Private fund gross assets (reported)$169MMar 24, 2026FactForm ADV
Private fund gross assets (reported)$169MMar 24, 2026FactForm ADV
Private fund gross assets (reported)$175MMar 18, 2024FactForm ADV
Schedule a diffsadiff-1Mar 24, 2026FactForm ADV
Venture funds reported2Mar 24, 2026FactForm ADV
Venture funds reported2Mar 24, 2026FactForm ADV
Venture funds reported2Mar 18, 2024FactForm ADV
WebsiteMar 24, 2026FactForm ADV
WebsiteMar 18, 2024FactForm ADV
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmed · 3 filing advisers share this firmShow
Importance
17
moderate
Active deployment
0
low
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $169M across 2 vehicles

One of 3 advisers that share aifund.ai; the firm is AI. AI Fund Growth Ventures, AI Ventures. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: 0.37 · funds: 0.17 · people: 0.08 · investments: 0 · co investors: 0
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: $169M · first adv filing: 2017-10-13 · years since first filing: 9

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 identity change, 3 dated events on the change ledger, latest event first
  • Grouped with firm
    2026-09-13
  • Organization classification changed
    2026-09-12
  • Organization classification changed
    2026-09-12

+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.