BBQ Opportunity Ventures LLC
Institutional venture firm, based in San Francisco, California, reporting $104M of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
32 additional investments, funds and LPs, 20 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.
Nothing material in the last 180 days. Last change: 3 Jul 2025, $2.56M reported sold so far.
People to know
View all people- Managing DirectorWhy: Managing directorNo route on file yet
Relationship network
36 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.
- Fund or vehicle
- Person
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 BBQ Opportunity Ventures 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 BBQ Opportunity Ventures LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
0 companies on record, 0 new in 12 months
- 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
Team
1 current, 0 departed
- Nemanja Kostic · Managing DirectorWhy this person: Managing director; Named with investment responsibility
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.
- Managing Director
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
35 vehicles, 0 LPs disclosed
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| And Fund III - T1p Bbq, LLC | Fund | 2025 form d first sale | Newly closed | $15.6M Sep 12, 2026 | 6 | $7.4M of $7.4M | Feb 25, 2025 |
| Neura Fund I - T1p Bbq LLC | Fund | 2025 form d first sale | Newly closed | $6.0M Sep 12, 2026 | 8 | $2.0M of $2.0M | Jun 24, 2025 |
| And Fund II - T1p Bbq, LLC | Fund | 2025 form d first sale | Newly closed | $2.0M Sep 12, 2026 | 7 | $2.0M of $2.0M | Feb 13, 2025 |
Relationships across DFX
0 co-investors · on 3 other DFX graphs
Across DFX and the capital chainon 3 other DFX graphs ShowHide
- Sponsor-market profile (matched by same CRD)
- The same institution is held on Independent Sponsors, RIA and Wealth, Private Equity, matched by identifier. See which records
BBQ Opportunity Ventures LLC is the same institution as 3 records in Independent Sponsors, RIA and Wealth and Private Equity.
DFX found 3 relationships across 3 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Evidence and history
25 dated events, 15 observations from 2 sources
- Sep 12, 2026XAI T1p II, LLC first reported on Form ADV by BBQ Opportunity Ventures LLC, GAV $300,000
- Sep 12, 2026T1p Bbq, LLC first reported on Form ADV by BBQ Opportunity Ventures LLC, GAV $4,745,000
- Sep 12, 2026SPX 179, a Series of Sax Capital Series Fund III, LP first reported on Form ADV by BBQ Opportunity Ventures LLC, GAV $16,168,327Fund first reported on Form ADVFundsFactSPX 179, a Series of Sax Capital Series Fund III, LPForm ADV
- Sep 12, 2026Pof-2, a Series of Sax Capital Series Fund III, LP first reported on Form ADV by BBQ Opportunity Ventures LLC, GAV $783,750
- Sep 12, 2026Pof-1, a Series of Sax Capital Series Fund III, LP first reported on Form ADV by BBQ Opportunity Ventures LLC, GAV $193,200
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 33 private fundsShowHide
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- unknown
- SEC adviser type
- Exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- Private fund adviseradviserinfo.sec.gov
- Latest Form ADV
- Mar 31, 2026
- Private funds reported
- 33 (19 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $104Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Every classification this record has carried1 on recordShowHide
- Sep 12, 2026Institutional venture firm (probable, 80%)Venture manager, reported GAV $104M across 35 vehicles
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC funds reported | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Private fund adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Adv pdf loaded | adv-pdf-1 | Sep 12, 2026 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 31, 2026 | Fact | Form ADV |
| SEC status effective | 2025-01-02 | Mar 31, 2026 | Fact | Form ADV |
| Business phone | Mar 31, 2026 | Fact | Form ADV | |
| Headquarters | San Francisco, CA | Mar 31, 2026 | Fact | Form ADV |
| Office address | Mar 31, 2026 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Mar 31, 2026 | Fact | Form ADV |
| PE funds reported | 14 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 33 | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $104M | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 19 | Mar 31, 2026 | Fact | Form ADV |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, probableShowHide
Venture manager, reported GAV $104M across 35 vehicles
- importance
- gav: $0 · funds: 1 · people: 0.04 · investments: 0 · co investors: 0
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
- emerging manager
- fund count: 35 · reported gav: $104M · first adv filing: 2025-01-02 · years since first filing: 1.7
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Adviser's first ADV filing2025-01-02source on record
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.
Not yet on record: new companies, 12 mo.