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 / Flume Ventures Management, LLC
Flume Ventures Management, LLC
At Flume Ventures, we
venture manager, reported GAV $81M across 2 vehicles
Importance
15
moderate
Active deployment
33
moderate
Emerging
58
elevated
Completeness
69
high
Freshness
100
high
Research priority
25
moderate
Identity and regulatory footprint
- Headquarters
- Incline Village, NVadviserinfo.sec.gov
- Office address
- 893 INCLINE WAY, Incline Village, NV, 89451adviserinfo.sec.gov
- Business phone
- 775-298-2073adviserinfo.sec.gov
- Website
- https://flume.ventures
- 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 27, 2026
- Private funds reported
- 2 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $230Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Leykwise, LLC (Managing Director), E
- business email
- hello@flume.venturesflume.venturespublished by the subject
- business phone
- 775-298-2073adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
- Sectors
- edtech
- 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
series a 100%
Stage at first entry
series a 100%
Sectors
Other 50%unknown 50%
lead rate 0%follow-on rate 0%new logos, 12 months 2
Funds and vehicles
2 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Flume Ventures Entrepreneurs Fund, L.P. | Fund | 2025 form d first sale | Newly closed | unknown | unknown | $147M of $147M | Jun 17, 2026 |
| Flume Ventures I, L.P. | Fund | 2023 form d first sale | Active deployment | $81.3M Mar 29, 2024 | 34 | $80.5M of $100M | Mar 5, 2024 |
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
1 current, 0 departed
Matthew Nordby
PartnerManaging Director · since Oct 1, 2016
Investments on record
2 edges, 2 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Positron AI, Inc. | Funding round | participant | unknown | $875M | unknown | Sep 10, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
| Parasail | Series A · Series A | participant | unknown | $32.0M | unknown | Apr 15, 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
16 relationships from shared deals, counted for the whole firm
Banyan Ventures 2 shared · recurringQatar Investment Authority 1 shared · one timeResilience Reserve 1 shared · one timeNEA 1 shared · one time · they led 1Atreides Management, LP 1 shared · one time · they led 1Helena 1 shared · one timeArena Private Wealth 1 shared · one timeUnless Management LP 1 shared · one timeHudson River Trading 1 shared · one timeNatural Capital 1 shared · one timeFincadia Advisors 1 shared · one timeBoardman Bay Capital Management LLC 1 shared · one timeDFJ Growth 1 shared · one timeTouring Capital LLC 1 shared · one time · they led 1Samsung Next 1 shared · one timeCarte Verte Management LLC 1 shared · one time · they led 1
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
2 dated events
- Apr 28, 2023Flume Ventures Management, 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)
- Apr 28, 2023Flume Ventures I, L.P. first reported on Form ADV by Flume Ventures Management, LLC (Venture Capital Fund), GAV $63,131,313Fund first reported on Form ADVFundsFactFlume Ventures I, 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, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $81M across 2 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $81M across 1 vehicles
Evidence
39 observations from 3 sources