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 / Animal Capital
Animal Capital
The first venture firm with access to 100M+ engaged consumers across the world.
venture manager, reported GAV $16.2M across 5 vehicles
Importance
9
low
Active deployment
29
moderate
Emerging
0
low
Completeness
63
high
Freshness
100
high
Research priority
9
low
Identity and regulatory footprint
- Headquarters
- Raleigh, NCadviserinfo.sec.gov
- Office address
- 7101 CREEDMOOR RD, SUITE 142, Raleigh, NC, 27613adviserinfo.sec.gov
- Business phone
- 919-608-3042adviserinfo.sec.gov
- Website
- https://www.animalcapital.co
- 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 18, 2024
- Private funds reported
- 4 (4 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $16.2Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- info@animalcapital.comanimalcapital.compublished by the subject
- business phone
- 919-608-3042adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
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
unknown 100%
lead rate 0%follow-on rate 0%new logos, 12 months 1
Funds and vehicles
5 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Animal Capital Colossal SPV II-B LLC | SPV or co-invest vehicle | 2025 form d first sale | Newly closed | unknown | unknown | $15.2M of $15.2M | Jan 27, 2025 |
| Animal Capital Fund II LP | Fund | 2022 form d first sale | Active deployment | $5.3M Mar 18, 2024 | 35 | $12.0M of $35.0M | Feb 12, 2024 |
| Animal Capital Colossal Spv, LLC | SPV or co-invest vehicle | unknown | Unknown | $9.1M Mar 18, 2024 | 19 | $0 of $15.0M | Nov 29, 2021 |
| Animal Capital Fund I LP | Fund | unknown | Unknown | $949,841 Mar 18, 2024 | 88 | $0 of $15.0M | Mar 8, 2021 |
| Animal Capital Colossal Spv II LLC | SPV or co-invest vehicle | unknown | Unknown | $831,897 Mar 18, 2024 | 17 | $0 of $5.0M | May 1, 2023 |
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
Marshall Evan Sandman
Managing partnerManaging Member · since Feb 1, 2021
Investments on record
1 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Array Labs | Funding round | participant | unknown | $20.0M | unknown | Jan 5, 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
7 relationships from shared deals, counted for the whole firm
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
5 dated events
- Mar 18, 2024Animal Capital 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 18, 2024Animal Capital Colossal Spv, LLC first reported on Form ADV by Animal Capital (Venture Capital Fund), GAV $9,091,634Fund first reported on Form ADVFundsFactAnimal Capital Colossal Spv, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 18, 2024Animal Capital Fund I LP first reported on Form ADV by Animal Capital (Venture Capital Fund), GAV $949,841Fund first reported on Form ADVFundsFactAnimal Capital Fund I LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 18, 2024Animal Capital Fund II LP first reported on Form ADV by Animal Capital (Venture Capital Fund), GAV $5,303,837Fund first reported on Form ADVFundsFactAnimal Capital Fund II LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 18, 2024Animal Capital Colossal Spv II LLC first reported on Form ADV by Animal Capital (Venture Capital Fund), GAV $831,897Fund first reported on Form ADVFundsFactAnimal Capital Colossal Spv II LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 15, 2026Micro VC (confirmed, 95%, cls-1)venture manager, reported GAV $16.2M across 5 vehicles
- Sep 12, 2026Micro VC (confirmed, 95%, cls-1)venture manager, reported GAV $7.1M across 4 vehicles
- Sep 12, 2026Micro VC (confirmed, 95%, cls-1)venture manager, reported GAV $7.1M across 3 vehicles
Evidence
21 observations from 2 sources