Room40 Capital LLC

Institutional venture firmpart of Room40SEC-registered adviserClassification probable· New York, New Yorkroom40.xyz

Institutional venture firm, based in New York, New York, reporting $262M of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$262M
sum of its funds' Form ADV filings, last 30 months
Investment team
3
Latest vintage
2024
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsFundsInvestmentsTeam (4)
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

1 additional investment, fund or LP, 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: 9 Jan 2026, $42.4M reported sold so far.

People to know

View all people
  • Marissa Campise
    Partner
    Why: Partner: part of the investment decision
    No route on file yet
  • Paul E Yablon
    Partner
    Why: Partner: part of the investment decision
    No route on file yet

Relationship network

7 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.

Reading the network
  • 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 Room40 Capital 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 Room40 Capital LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

0 companies on record, 0 new in 12 months
Investments on record
0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Stated thesis versus observed behaviour
no observed deals yet
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: no observed deals yet
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

4 current, 0 departed
Decision makers
who to call first, and why; then everyone else by function
  • Marissa Campise · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
  • Paul E Yablon · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
Who else at this firm · 1 person, grouped by function
Finance, operations and compliance (1)
  • Ryan Shih Chen · Chief Compliance Officer And Head Of Operations
    Why this person: Joined in Jun 2025

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.

Investment team
4 current, 0 departed
Contacts
1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

4 vehicles, 0 LPs disclosed
Funds and vehicles
4 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Room40 Capital Partners Master LPFund2024 form d first saleFundraising$210M
Sep 12, 2026
33$42.4MJan 9, 2026
RP Eleanor LLCFund2022 adv first reportedActive deployment$6.6M
Sep 12, 2026
9unknownunknown
RP Saturn LLCFund2022 adv first reportedActive deployment$1.4M
Sep 12, 2026
4unknownunknown
Limited partners
0 LPs, 0 disclosed commitments
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.
Known LPs and allocators
0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

0 co-investors · on 1 other DFX graph
Co-investors
0 counted from shared deals, 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.
Across DFX and the capital chainon 1 other DFX graph Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

Room40 Capital LLC is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Evidence and history

2 dated events, 30 observations from 2 sources
Timeline
2 dated events
  1. Sep 12, 2026
    Room40 Capital Partners Master LP first reported on Form ADV by Room40 Capital LLC, GAV $209,500,191
    Fund first reported on Form ADVFundsFactRoom40 Capital Partners Master LPForm ADV
  2. Jul 29, 2025
    Room40 Capital LLC appears on the SEC adviser roster (RIA)
    First SEC adviser filingOrganizationFactForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed May 13, 2026 · 4 private fundsShow
Headquarters
New York, NYadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
room40.xyz
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
May 13, 2026
Private funds reported
4 (3 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$262Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$262Mthe adviser's RAUM, a regulatory measure, never a fund size
Employees
11
Classification history
Every classification this record has carried2 on recordShow
  1. Sep 13, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $262M across 4 vehicles
  2. Sep 12, 2026
    Institutional venture firm (probable, 70%)
    Venture manager with no reported fund assets yet (scale unknown)
Evidence
30 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedMay 13, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMay 13, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMay 13, 2026FactForm ADV
First Form ADV filing2022-10-11May 13, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Latest Form ADV filing2026-05-13May 13, 2026FactForm ADV
Latest Form ADV filing2026-05-13May 13, 2026FactForm ADV
Adv pdf loadedadv-pdf-1Sep 12, 2026FactForm ADV
SEC statusApprovedMay 13, 2026FactForm ADV
SEC status effective2025-07-29May 13, 2026FactForm ADV
Venture share of reported funds1May 13, 2026FactForm ADV
Business phoneMay 13, 2026FactForm ADV
Employees11May 13, 2026FactForm ADV
HeadquartersNew York, NYMay 13, 2026FactForm ADV
Office addressMay 13, 2026FactForm ADV
Legal formLimited Liability CompanyMay 13, 2026FactForm ADV
Private funds reported4May 13, 2026FactForm ADV
Private funds reported4May 13, 2026FactForm ADV
Private fund gross assets (reported)$262MMay 13, 2026FactForm ADV
Private fund gross assets (reported)$262MMay 13, 2026FactForm ADV
Regulatory AUM (adviser, not fund size)$262MMay 13, 2026FactForm ADV
Schedule a diffsadiff-1May 13, 2026FactForm ADV
Venture funds reported3May 13, 2026FactForm ADV
Venture funds reported3May 13, 2026FactForm ADV
WebsiteMay 13, 2026FactForm ADV
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, probable · 2 filing advisers share this firmShow
Importance
21
moderate
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Institutional venture firm · probableSEC registered investment adviser

Venture manager, reported GAV $262M across 4 vehicles

One of 2 advisers that share room40.xyz; the firm is Room40. Room40 Management, LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: $0 · funds: 0.33 · people: 0.08 · 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: 4 · reported gav: $262M · first adv filing: 2025-07-29 · years since first filing: 1.2

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 identity change, 1 dated event on the change ledger, latest event first
  • Grouped with firm
    2026-09-12
  • Adviser's first ADV filing
    2025-07-29source 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.