Prairiegold Venture Partners, LLC

Micro VCSEC exempt reporting adviserClassification probable· Sioux Falls, South DakotaPGVP.COM

Micro VC, based in Sioux Falls, South Dakota, reporting $5.3M of fund assets across 3 funds.

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

Reported fund assets
$5.3M
the adviser's own Form ADV total
New companies, 12 mo
None
Investment team
3
Latest vintage
2012
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.

What matters now

  1. 4 deals
    with Sanderling Management Company

    Invests most often alongside Sanderling Management Company (4 shared deals) and Mesa Verde Ventures II (4 shared deals).

    pair last observed on record 25 Nov 2013, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people
  • Shareholder
    Why: Named with investment responsibility
    No route on file yet
  • Managing Member
    Why: Named with investment responsibility
    No route on file yet
  • Managing Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

12 connected entities13 observed rounds5 repeat counterparties12 dated rounds shown here, 2009 to 2017

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.

What stands out
Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

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 Prairiegold Venture Partners, 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 Prairiegold Venture Partners, LLC

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

Investing

4 companies on record, 0 new in 12 months

Investments on record

4 companies, 13 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Virtual IncisionForm D equity offeringunknown · boardMichael Mark Jerstad (strongly supported)$15.3M
form d sold
unknownDec 13, 2017Inference Form D
Chronix Biomedical IncForm D equity offeringunknown · boardMichael Mark Jerstad (strongly supported)$5.0M
form d sold
unknownOct 31, 2016Inference Form D
LineaGenForm D equity offeringunknown · boardMichael Mark Jerstad (strongly supported)$16.1M
form d sold
unknownNov 25, 2013Inference Form D

Stated thesis versus observed behaviour

13 observed deals
Stated (the firm’s website)
Sectors
climate, energy
Stages
growth, early
Geography
north america
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 no observed dealsfollow-on rate 75%new companies, 12 months 0

Team

3 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • Christine Hamiton · Shareholder
    Why this person: Named with investment responsibility
  • Michael Mark Jerstad · Managing Member
    Why this person: Named with investment responsibility
  • Paul Batcheller · Managing Member
    Why this person: 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.

Investment team

3 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

3 vehicles, 0 LPs disclosed

Funds and vehicles

3 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Prairiegold Vencap Fund II Limited Partnership: Growth Capital Annex FundContinuation vehicle2012 form d first saleHarvest$1.3M
Jan 31, 2024
20$1.2M
of $1.2M
Jan 14, 2013
Prairiegold Venture Capital Fund II Limited PartnershipFundunknownUnknown$4.0M
Jan 31, 2024
56unknownunknown
Prairiegold Venture Capital Fund I Limited PartnershipFundunknownUnknown$0
Jan 31, 2024
64unknownunknown

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

2 co-investors

Co-investors

2 counted from shared deals, for the whole firm

Evidence and history

4 dated events, 42 observations from 2 sources

Timeline

4 dated events
  1. Mar 22, 2013
    Prairiegold Vencap Fund II Limited Partnership: Growth Capital Annex Fund first reported on Form ADV by Prairiegold Venture Partners, LLC (Venture Capital Fund), GAV $701,811
  2. Mar 30, 2012
    Prairiegold Venture Partners, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactForm ADV
  3. Mar 30, 2012
    Prairiegold Vencap Fund I Limited Partnership first reported on Form ADV by Prairiegold Venture Partners, LLC (Venture Capital Fund), GAV $6,103,732
  4. Mar 30, 2012
    Prairiegold Vencap Fund II Limited Partnership first reported on Form ADV by Prairiegold Venture Partners, LLC (Venture Capital Fund), GAV $13,715,163

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Jan 31, 2024 · 3 private fundsShow
Headquarters
Sioux Falls, SDadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
PGVP.COM
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Jan 31, 2024
Private funds reported
3 (3 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$5.3Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Christiansen Investments Ltd. (Managing Member), owns 25% to 50%

Classification history

Every classification this record has carried2 on recordShow
  1. Sep 15, 2026
    Micro VC (probable, 80%)
    Venture manager, reported GAV $5.3M across 3 vehicles
  2. Sep 12, 2026
    Micro VC (probable, 80%)
    Venture manager, reported GAV $5.3M across 2 vehicles

Evidence

42 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeExempt reporting adviserJan 31, 2024FactForm ADV
First Form ADV filing2012-03-30Jan 31, 2024FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2024-01-31Jan 31, 2024FactForm ADV
Venture share of reported funds1Jan 31, 2024FactForm ADV
Business phoneJan 31, 2024FactForm ADV
Contact page urlSep 16, 2026Fact
HeadquartersSioux Falls, SDJan 31, 2024FactForm ADV
Office addressJan 31, 2024FactForm ADV
Legal formLimited Liability CompanyJan 31, 2024FactForm ADV
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 14, 2026Fact
Private funds reported3Jan 31, 2024FactForm ADV
Private fund gross assets (reported)$5.3MJan 31, 2024FactForm ADV
Stated geographynorth america
“geography words on the home page”
Sep 16, 2026Fact
Stated geographynorth america
“geography words on the home page”
Sep 14, 2026Fact
Stated sectorsClimate, energy
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsClimate, energy
“sector words on the home page”
Sep 14, 2026Fact
Stated stagesGrowth, early
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesGrowth, early
“stage words on the home page”
Sep 14, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 14, 2026Fact
Venture funds reported3Jan 31, 2024FactForm ADV
WebsiteJan 31, 2024FactForm ADV
Site titleSep 16, 2026Fact
Site titleSep 14, 2026Fact
How this is scored
Scores, classification basis and filing advisersMicro VC, probableShow
Importance
16
moderate
Active deployment
0
low
Emerging
0
low
Freshness
92
high
Micro VC · probableSEC exempt reporting adviser

Venture manager, reported GAV $5.3M across 3 vehicles

The inputs behind each score
importance
gav: 0 · funds: 0.25 · people: 0.12 · investments: 0.41 · co investors: 0.12
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 3 · reported gav: $5.3M · first adv filing: 2012-03-30 · years since first filing: 14.5

Fits, record history and connections

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

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2012-03-30source 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.