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 / H•••• C••••••
H•••• C••••••
H•••• C•••••• is a private investment firm built by entrepreneurs, for entrepreneurs. Permanent capital. No fund. No timeline pressure. Indianapolis, Indiana.
name or self-description says studio or venture builder
Importance
4
low
Active deployment
0
low
Emerging
0
low
Completeness
56
elevated
Freshness
99
high
Research priority
1
low
Identity and regulatory footprint
- Headquarters
- Indianapolis, INadviserinfo.sec.gov
- Office address
- 9245 NORTH MERIDIAN STREET, SUITE 101, Indianapolis, IN, 46260adviserinfo.sec.gov
- Business phone
- 317-686-1950adviserinfo.sec.gov
- Website
- h•••••••.com
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Feb 17, 2016
- Private funds reported
- 2 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $7.6Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- H•••• M••••••••• H•••••• C•• (Shareholder), E
- business email
- admin@heroncap.comheroncap.compublished by the subject
- business phone
- 317-686-1950adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- healthcare, medtech, defense, logistics, industrial
- Stages
- not stated or not yet read
- Geography
- indiana, midwest, north america
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture studio
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
2 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| H•••• C•••••• V•••••• F••• I• L••• | Fund | unknown | Unknown | $7.4M Feb 17, 2016 | 72 | unknown | unknown |
| H•••• C•••••• S•••••• I• L•• | SPV or co-invest vehicle | unknown | Unknown | $199,142 Feb 17, 2016 | 5 | 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
2 current, 0 departed
G••• A•••• M•••••
PartnerShareholder · since Aug 1, 2014
K•••• L•• E••••••
PartnerShareholder · since Aug 1, 2014
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
4 dated events
- Sep 14, 2026H•••• C••••••: MICRO_VC -> VENTURE_STUDIO (name or self-description says studio or venture builder)Classification changedClassificationInferenceno URL
- Apr 2, 2012H•••• C•••••• 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)
- Apr 2, 2012H•••• C•••••• V•••••• F••• I• L••• first reported on Form ADV by H•••• C•••••• (Venture Capital Fund), GAV $15,489,514Fund first reported on Form ADVFundsFactH•••• C•••••• V•••••• F••• I• L•••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 2, 2012H•••• C•••••• S•••••• I• L•• first reported on Form ADV by H•••• C•••••• (Venture Capital Fund), GAV $729,608Fund first reported on Form ADVFundsFactH•••• C•••••• S•••••• 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 14, 2026Venture studio (probable, 80%, cls-1)name or self-description says studio or venture builder
- Sep 12, 2026Micro VC (probable, 80%, cls-1)venture manager, reported GAV $7.6M across 2 vehicles
Evidence
28 observations from 2 sources