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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Firms / B••••••••• C••••••••• M••••••• L•
B••••••••• C••••••••• M••••••• L•
venture manager, reported GAV $99M across 40 vehicles
Importance
36
elevated
Active deployment
33
moderate
Emerging
0
low
Completeness
69
high
Freshness
99
high
Research priority
14
low
Identity and regulatory footprint
- Headquarters
- Tiburon, CAadviserinfo.sec.gov
- Office address
- 4545 PARADISE DRIVE, Tiburon, CA, 94920adviserinfo.sec.gov
- Business phone
- 415-994-4320adviserinfo.sec.gov
- Website
- b•••••••••.com
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- private fund adviseradviserinfo.sec.gov
- Latest Form ADV
- Mar 31, 2026
- Private funds reported
- 27 (27 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $184Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $184Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 8
- business email
- ir@fifthera.comfifthera.compublished by the subject
- business phone
- 415-994-4320adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
- Sectors
- ai, fintech, crypto
- Stages
- early
- Geography
- asia, europe, global, globally, worldwide
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
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 2
Funds and vehicles
33 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| F•••• E•• C••••••••• L•• • T••• C••• | SPV or co-invest vehicle | 2026 form d first sale | Fundraising | unknown | unknown | $1.1M | Jan 30, 2026 |
| F•••• E•• C••••••••• L•• • K••••• C•••••• | SPV or co-invest vehicle | 2026 form d first sale | Fundraising | unknown | unknown | $1.3M | Feb 26, 2026 |
| F•••• E•• C••••••••• L•• • T••••• I• | SPV or co-invest vehicle | 2026 form d first sale | Fundraising | unknown | unknown | $20.0M | Jun 3, 2026 |
| F•••• E•• C••••••••• L•• • K••••• | SPV or co-invest vehicle | 2025 form d first sale | Fundraising | unknown | unknown | $1.3M | Dec 5, 2025 |
| F•••• E•• C••••••••• L•• • K••••• 2• | SPV or co-invest vehicle | 2025 form d first sale | Fundraising | unknown | unknown | $12.0M | Dec 5, 2025 |
| F•••• E•• A• A••••• F••• I• L• | Fund | 2025 form d first sale | Fundraising | unknown | unknown | $4.8M | Mar 9, 2026 |
| F•••• E•• C••••••••• L•• • U••••• 2• | SPV or co-invest vehicle | 2025 form d first sale | Fundraising | unknown | unknown | $1.9M | Dec 5, 2025 |
| F•••• E•• C••••••••• L•• • D•• I• | SPV or co-invest vehicle | 2025 form d first sale | Fundraising | unknown | unknown | $6.6M | Jun 3, 2026 |
| B••••••••• C••••••••• F••• V•••• L• | SPV or co-invest vehicle · ADV: Private Equity Fund | 2024 form d first sale | Fundraising | $0 Mar 28, 2024 | 0 | $3.3M | Dec 5, 2025 |
| F•••• E•• C••••••••• L•• • S••••••••• 3• | SPV or co-invest vehicle | 2024 form d first sale | Fundraising | unknown | unknown | $3.9M | Dec 5, 2025 |
| F•••• E•• C••••••••• L•• • S••••••••• 2• | SPV or co-invest vehicle | 2024 form d first sale | Fundraising | unknown | unknown | $2.0M | Dec 5, 2025 |
| F•••• E•• C••••••••• L•• • Y••••• C••• F•••••••• | SPV or co-invest vehicle | 2023 form d first sale | Fundraising | $669,500 Mar 28, 2024 | 0 | $650,000 | Dec 5, 2025 |
| F•••• E•• C••••••••• L•• • B•• G•••• H••••••• | SPV or co-invest vehicle | 2023 form d first sale | Fundraising | $578,128 Mar 28, 2024 | 8 | $550,000 | Dec 5, 2025 |
| B••••••••• C••••••••• M•• S•••• G••••• M••••• F••• L• | SPV or co-invest vehicle | 2022 form d first sale | Fundraising | $6.8M Mar 28, 2024 | 33 | $4.5M | Dec 5, 2025 |
| F•••• E•• C••••••••• L•• • P••••• | SPV or co-invest vehicle | 2022 form d first sale | Fundraising | $1.1M Mar 28, 2024 | 15 | $1.1M | Dec 5, 2025 |
| F•••• E•• C••••••••• L•• • F••••••• | SPV or co-invest vehicle | 2022 form d first sale | Fundraising | $1.1M Mar 28, 2024 | 18 | $1.0M | Dec 5, 2025 |
| F•••• E•• C••••••••• L•• • I••••••• A••••• | SPV or co-invest vehicle | 2022 form d first sale | Fundraising | $16,980 Mar 28, 2024 | 25 | $1.7M | Dec 5, 2025 |
| K••••••• C•••••• B••••••••• F••• o• F•••• I•• L• | Fund | 2022 form d first sale | Fundraising | unknown | unknown | $7.7M | Dec 9, 2025 |
| B••••••••• C••••••••• F••• I••• L• | SPV or co-invest vehicle | 2021 form d first sale | Fundraising | $42.2M Mar 28, 2024 | 134 | $45.5M | Dec 5, 2025 |
| B••••••••• C••••••••• F••• I•• P•••••••• L• | SPV or co-invest vehicle | 2021 form d first sale | Fundraising | $6.4M Mar 28, 2024 | 44 | $6.5M | Dec 5, 2025 |
| F•••• E•• C••••••••• L•• • S••••••••• 1• | SPV or co-invest vehicle | 2021 form d first sale | Fundraising | $3.4M Mar 28, 2024 | 45 | $2.5M | Dec 5, 2025 |
| F•••• E•• C••••••••• L•• • B•••••• 1• | SPV or co-invest vehicle | 2021 form d first sale | Fundraising | $2.0M Mar 28, 2024 | 25 | $2.0M | Dec 5, 2025 |
| B••••••••• C••••••••• E•••• S•••• T•••• F••• L• | SPV or co-invest vehicle | 2021 form d first sale | Fundraising | unknown | unknown | $14.0M | Dec 5, 2025 |
| B••••••••• C••••••••• L• | SPV or co-invest vehicle | 2020 form d first sale | Fundraising | $29.5M Mar 28, 2024 | 94 | $26.9M | Dec 5, 2025 |
| F•••• E•• C••••••••• L•• • U••••• 1• | SPV or co-invest vehicle | 2020 form d first sale | Fundraising | $1.3M Mar 28, 2024 | 19 | $1.3M | Dec 5, 2025 |
| F•••• E•• C••••••••• L•• • B••• 1• | SPV or co-invest vehicle | 2020 form d first sale | Fundraising | $965,250 Mar 28, 2024 | 17 | $965,000 | Dec 5, 2025 |
| F•••• E•• C••••••••• L•• • W••• 1• | SPV or co-invest vehicle | 2020 form d first sale | Fundraising | $194 Mar 28, 2024 | 10 | $700,000 | Dec 5, 2025 |
| K••••••• C•••••• B••••••••• F••• o• F••••• L••• | Fund | 2018 form d first sale | Fundraising | unknown | unknown | $7.9M | Dec 9, 2025 |
| F•••• E•• C••••••••• L•• • H•••• | SPV or co-invest vehicle | unknown | Unknown | $2.3M Mar 28, 2024 | 35 | unknown | unknown |
| F•••• E•• C••••••••• L•• • C••••••••• 1• | SPV or co-invest vehicle | unknown | Unknown | $978,603 Mar 28, 2024 | 13 | unknown | unknown |
| B••••••••• C••••••••• F••• V•••• L• | SPV or co-invest vehicle · ADV: Private Equity Fund | unknown | Unknown | $0 Mar 28, 2024 | 0 | unknown | unknown |
| F•••• E•• C••••••••• L•• • S••••••••• 4• | SPV or co-invest vehicle | unknown | Fundraising | unknown | unknown | $0 | Dec 5, 2025 |
| F•••• E•• C••••••••• L•• • K••••• 3• | SPV or co-invest vehicle | unknown | Fundraising | unknown | unknown | $0 | Aug 13, 2025 |
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
30 current, 0 departed
A•••••• S•••• R••••••
AnalystInvestment Analyst
J••••• L•••• d• L•••
AnalystInvestment Analyst
A••••• G•••
AssociateInvestment Associate
J•••• Z••••
Board or advisoryAdvisor - T•••• Investments
K•••• X••
Board or advisoryAdvisor - T•••• Investments
J•••• F•••
Founder or executiveCo-Founder & President
J••••• G••••••
Founder or executiveCEO SASB
Founder or executive
B••• S•••••••
General partnerCo-Founder & GP
M•••••• B••••••
Investor relationsHead of Capital Formation - West
W••••••• P••••••••
Investor relationsHead of Capital Formation
A••••• D••••
Managing partnerManaging Partner & Chairman
M•••••• L• M••••
Managing partnerManaging Partner & CEO
F•••• A•
OtherAbout AI B••••••••• Team Portfolio
A•••••• K••••••••
PartnerLaw Partner, J•••• Day
A••••• D••••
PartnerM•••••• · since Apr 1, 2021
A•••• B•••••
PartnerPartner O••••• Selections
J••••••• O••••• F•••••••••
PartnerPartner O••••• Selections
M•••••• C••••• L• M••••
PartnerM•••••• · since Apr 1, 2021
M•••• M••••••••
PartnerPartner (Direct Investments)
T••••••• L• M••••
PartnerPartner (AI Investments)
B•••• M••••••••
Platform and operationsDirector of Finance
C••••••••• L•••
Platform and operationsCFO & CFO FERA 1
C••••••••• N•••••
Platform and operationsCFO FERA
G•••• P•••••••••
Platform and operationsOperations Associate
H••••• J••••
Platform and operationsHead of Investor Platforms & Data
H••••••••• S•••• R••••••
Platform and operationsFinance & Accounting M••••••
I•••• G••••••••
Platform and operationsMarketing Associate
K••••••• K••••••••
Platform and operationsHead of Operations & CCO
M••••••• G•••••••••
Platform and operationsCompliance Advisor
Investments on record
2 edges, 2 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| B•••••••• A• | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| F•••• A• | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 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
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
20 dated events
- Sep 12, 2026B••••••••• C••••••••• M••••••• L•: SEED_FUND_MANAGER -> INSTITUTIONAL_VC (venture manager, reported GAV $99M across 40 vehicles)Classification changedClassificationInferenceno URL
- Mar 28, 2024B••••••••• C••••••••• F••• V•••• L• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Private Equity Fund)Fund first reported on Form ADVFundsFactB••••••••• C••••••••• F••• V•••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024F•••• E•• C••••••••• L•• • C••••••••• 1• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Venture Capital Fund), GAV $978,603Fund first reported on Form ADVFundsFactF•••• E•• C••••••••• L•• • C••••••••• 1•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024F•••• E•• C••••••••• L•• • Y••••• C••• F•••••••• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Venture Capital Fund), GAV $669,500Fund first reported on Form ADVFundsFactF•••• E•• C••••••••• L•• • Y••••• C••• F••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024B••••••••• C••••••••• F••• V•••• L• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Private Equity Fund)Fund first reported on Form ADVFundsFactB••••••••• C••••••••• F••• V•••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024F•••• E•• C••••••••• L•• • H•••• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Venture Capital Fund), GAV $2,346,000Fund first reported on Form ADVFundsFactF•••• E•• C••••••••• L•• • H••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024B••••••••• C••••••••• M•• S•••• G••••• M••••• F••• L• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Private Equity Fund), GAV $6,780,661Fund first reported on Form ADVFundsFactB••••••••• C••••••••• M•• S•••• G••••• M••••• F••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024F•••• E•• C••••••••• L•• • P••••• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Venture Capital Fund), GAV $1,096,600Fund first reported on Form ADVFundsFactF•••• E•• C••••••••• L•• • P•••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024F•••• E•• C••••••••• L•• • I••••••• A••••• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Venture Capital Fund), GAV $16,980Fund first reported on Form ADVFundsFactF•••• E•• C••••••••• L•• • I••••••• A•••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024F•••• E•• C••••••••• L•• • F••••••• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Venture Capital Fund), GAV $1,065,900Fund first reported on Form ADVFundsFactF•••• E•• C••••••••• L•• • F•••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024B••••••••• C••••••••• M••••••• L• first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024F•••• E•• C••••••••• L•• • S••••••••• 1• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Venture Capital Fund), GAV $3,359,030Fund first reported on Form ADVFundsFactF•••• E•• C••••••••• L•• • S••••••••• 1•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024F•••• E•• C••••••••• L•• • B•••••• 1• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Venture Capital Fund), GAV $1,999,994Fund first reported on Form ADVFundsFactF•••• E•• C••••••••• L•• • B•••••• 1•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024B••••••••• C••••••••• L• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Private Equity Fund), GAV $29,536,194Fund first reported on Form ADVFundsFactB••••••••• C••••••••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024B••••••••• C••••••••• F••• I•• P•••••••• L• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Private Equity Fund), GAV $6,372,546Fund first reported on Form ADVFundsFactB••••••••• C••••••••• F••• I•• P•••••••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024B••••••••• C••••••••• F••• I••• L• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Private Equity Fund), GAV $42,214,159Fund first reported on Form ADVFundsFactB••••••••• C••••••••• F••• I••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024F•••• E•• C••••••••• L•• • U••••• 1• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Venture Capital Fund), GAV $1,300,005Fund first reported on Form ADVFundsFactF•••• E•• C••••••••• L•• • U••••• 1•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024F•••• E•• C••••••••• L•• • W••• 1• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Venture Capital Fund), GAV $194Fund first reported on Form ADVFundsFactF•••• E•• C••••••••• L•• • W••• 1•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024F•••• E•• C••••••••• L•• • B••• 1• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Venture Capital Fund), GAV $965,250Fund first reported on Form ADVFundsFactF•••• E•• C••••••••• L•• • B••• 1•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024F•••• E•• C••••••••• L•• • B•• G•••• H••••••• first reported on Form ADV by B••••••••• C••••••••• M••••••• L• (Venture Capital Fund), GAV $578,128Fund first reported on Form ADVFundsFactF•••• E•• C••••••••• L•• • B•• G•••• H•••••••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 (probable, 80%, cls-1)venture manager, reported GAV $99M across 40 vehicles
- Sep 12, 2026Seed fund manager (probable, 80%, cls-1)seed vehicles only
Evidence
45 observations from 3 sources