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 / Ngen Mgt II, LLC
Ngen Mgt II, LLC
venture manager, reported GAV $119M across 4 vehicles
Importance
19
moderate
Active deployment
4
low
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
4
low
Identity and regulatory footprint
- Headquarters
- New York, NYadviserinfo.sec.gov
- Office address
- 1177 AVENUE OF THE AMERICAS, 18TH FLOOR, New York, NY, 10017adviserinfo.sec.gov
- Business phone
- 212-450-9700adviserinfo.sec.gov
- Website
- HTTP://WWW.NGENPARTNERS.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 25, 2022
- Private funds reported
- 3 (3 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $113Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Ngen Mgt Holdings, L.L.C. (Sole Member), E; AB & a Investments LLC (Member), C; Ngen Holdings, L.L.C. (Member), E
- business email
- submissions@ngenpartners.comngenpartners.compublished by the subject
- business phone
- 212-450-9700adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- marketplaces, climate, energy, hardware, space
- Stages
- not stated or not yet read
- Geography
- midwest, new york
- 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 n/afollow-on rate n/anew logos, 12 months 1
Funds and vehicles
4 reported, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Ngen Zevia Spv LLC | SPV or co-invest vehicle | 2020 adv first reported | Mature | $17.6M Mar 25, 2022 | 3 | unknown | unknown |
| Ngen-Mantra Holdings LLC | Fund | 2020 adv first reported | Mature | $3.8M Mar 25, 2022 | 2 | unknown | unknown |
| Ngen III LP | Fund | unknown | Unknown | $91.5M Mar 25, 2022 | 23 | unknown | unknown |
| Ngen Enabling Technologies Fund LP | Fund | unknown | Unknown | $6.5M Apr 24, 2014 | 27 | unknown | unknown |
| Ngen II LP | Fund | unknown | Wound down | $3.0M Jan 3, 2017 | 48 | 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, 2 departed
Rosemary Livingston Ripley
Managing partnerManaging Partner · since Nov 1, 2007
Peter Sulzberger Herzog Grubstein
PartnerMember And Manager · since Aug 1, 2008
2 departed (kept with end dates)
- Parry Steve · Partner · Aug 1, 2008 to Jan 3, 2017 Inference
- Valeska Watters · Controller · Aug 1, 2008 to Jan 3, 2017 Inference
Investments on record
1 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Baresnacks | portfolio listing | unknown | unknown | unknown | unknown | Sep 14, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
“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
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
2 disclosed
Timeline
12 dated events
- Sep 16, 2026Baresnacks no longer listed on Ngen Mgt II, LLC's portfolio pageRemoved from portfolio pagePortfolioInferenceBaresnacksVenture organization websites (about, team, portfolio, thesis, news pages)
- Mar 23, 2020Ngen Zevia Spv LLC first reported on Form ADV by Ngen Mgt II, LLC (Venture Capital Fund), GAV $18,367,110Fund first reported on Form ADVFundsFactNgen Zevia Spv LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2020Ngen-Mantra Holdings LLC first reported on Form ADV by Ngen Mgt II, LLC (Venture Capital Fund), GAV $1,909,142Fund first reported on Form ADVFundsFactNgen-Mantra Holdings LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2018Ngen II LP no longer reported on Form ADV by Ngen Mgt II, LLCFund no longer reportedFundsInferenceNgen II LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 3, 2017Parry Steve (Partner) no longer on Schedule A of Ngen Mgt II, LLC
- Jan 3, 2017Valeska Watters (Controller) no longer on Schedule A of Ngen Mgt II, LLC
- Mar 13, 2012Ngen Mgt II, 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 13, 2012Ngen Enabling Technologies Fund LP first reported on Form ADV by Ngen Mgt II, LLC (Venture Capital Fund), GAV $6,455,123Fund first reported on Form ADVFundsFactNgen Enabling Technologies Fund LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 13, 2012Ngen III LP first reported on Form ADV by Ngen Mgt II, LLC (Venture Capital Fund), GAV $125,969,169Fund first reported on Form ADVFundsFactNgen III LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 13, 2012Ngen II LP first reported on Form ADV by Ngen Mgt II, LLC (Venture Capital Fund), GAV $51,732,372Fund first reported on Form ADVFundsFactNgen II LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Aug 1, 2008Peter Sulzberger Herzog Grubstein joined Schedule A of Ngen Mgt II, LLC as Managing Partner
- Aug 1, 2008Valeska Watters joined Schedule A of Ngen Mgt II, LLC as Controller
Classification history
- Sep 15, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $119M across 4 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $98M across 2 vehicles
Evidence
31 observations from 2 sources