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.
Firms / Xfund Management Company, LLC
Xfund Management Company, LLC
Xfund is the early-stage venture capital firm built to back entrepreneurs who think laterally and experiment across disciplines.
both early and growth/opportunity families, reported GAV $294M
Importance
26
moderate
Active deployment
33
moderate
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
12
low
Identity and regulatory footprint
- Headquarters
- Palo Alto, CAadviserinfo.sec.gov
- Office address
- 555 BRYANT STREET, #118, Palo Alto, CA, 94301adviserinfo.sec.gov
- Business phone
- 650-204-1636adviserinfo.sec.gov
- Website
- HTTPS://WWW.XFUND.COM
- 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 13, 2026
- Private funds reported
- 6 (6 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $289Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- start@xfund.comxfund.compublished by the subject
- business phone
- 650-204-1636adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
- Sectors
- media
- Stages
- not stated or not yet read
- Geography
- united states
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Observed (from deals on record)
Stage at participation
series a 100%
Stage at first entry
series a 100%
Sectors
unknown 100%
lead rate 0%follow-on rate 0%new logos, 12 months 2
Funds and vehicles
6 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Xfund Opportunities 1, L.P. | Opportunity fund | 2023 adv first reported | Active deployment | $18.1M Mar 11, 2024 | 12 | $0 of $50.0M | May 11, 2022 |
| Xfund Curebase Spv, L.P. | SPV or co-invest vehicle | 2023 adv first reported | Active deployment | $1.8M Mar 11, 2024 | 5 | unknown | unknown |
| Xfund Guideline Spv, L.P. | SPV or co-invest vehicle | 2021 form d first sale | Mature | $9.5M Mar 11, 2024 | 20 | $9.5M of $9.5M | Apr 26, 2021 |
| Xfund 3, L.P. | Fund | 2019 form d first sale | Mature | $110M Mar 11, 2024 | 44 | $120M of $120M | Sep 3, 2020 |
| Xfund 2a, L.P. | Fund | 2018 adv first reported | Harvest | $21.1M Mar 11, 2024 | 1 | unknown | unknown |
| Xfund2, L.P. | Fund | 2014 form d first sale | Harvest | $134M Mar 11, 2024 | 34 | $73.4M | Oct 14, 2014 |
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
3 current, 1 departed
Saaim Khan
Founder or executivePresident, Stanford BASES
Patrick Shuao Fong Chung
Managing partnerManaging Member · since Jun 1, 2014
Xfund Fellows
PrincipalExecutive Director, Harvard Undergraduate Emerging Markets Group
1 departed (kept with end dates)
- Werner Hugo van Vuuren · Managing Member · Jun 1, 2014 to Mar 23, 2017 Inference
Investments on record
2 edges, 2 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Company | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| BoldVoice | Series A · Series A | participant | unknown | $21.0M | unknown | Jan 28, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
10 relationships from shared deals, counted for the whole firm
Fifty Years 1 shared · one timeThreshold 1 shared · one timeE2jdj 1 shared · one time5th Century Partners 1 shared · one timeMatrix 1 shared · one time · they led 1Flybridge Capital Partners 1 shared · one timeUmami Capital 1 shared · one timeCorazon Capital 1 shared · one timeY Combinator 1 shared · one timeAlumni Ventures 1 shared · one time
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
8 dated events
- Mar 29, 2023Xfund Opportunities 1, L.P. first reported on Form ADV by Xfund Management Company, LLC (Venture Capital Fund), GAV $18,418,751Fund first reported on Form ADVFundsFactXfund Opportunities 1, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2023Xfund Curebase Spv, L.P. first reported on Form ADV by Xfund Management Company, LLC (Venture Capital Fund), GAV $1,771,038Fund first reported on Form ADVFundsFactXfund Curebase Spv, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2023Xfund Guideline Spv, L.P. first reported on Form ADV by Xfund Management Company, LLC (Venture Capital Fund), GAV $9,559,189Fund first reported on Form ADVFundsFactXfund Guideline Spv, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 14, 2020Xfund 3, L.P. first reported on Form ADV by Xfund Management Company, LLC (Venture Capital Fund), GAV $87,092,426Fund first reported on Form ADVFundsFactXfund 3, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 13, 2018Xfund 2a, L.P. first reported on Form ADV by Xfund Management Company, LLC (Venture Capital Fund), GAV $10,150,726Fund first reported on Form ADVFundsFactXfund 2a, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2017Werner Hugo van Vuuren (Managing Member) no longer on Schedule A of Xfund Management Company, LLC
- Mar 31, 2015Xfund Management Company, LLC 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)
- Mar 31, 2015Xfund2, L.P. first reported on Form ADV by Xfund Management Company, LLC (Venture Capital Fund), GAV $98,440,897Fund first reported on Form ADVFundsFactXfund2, L.P.SEC 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 (confirmed, 95%, cls-1)both early and growth/opportunity families, reported GAV $294M
Evidence
52 observations from 3 sources