Band of Angels Acorn Fund, LLC

Angel fund or groupSEC venture capital fund adviser· San Francisco, CaliforniaBANDANGELS.COM

The Band of Angels is Silicon Valley

In the firm's own words, from its website.

Reported fund assets
$1.7M
the adviser's own Form ADV total
New companies, 12 mo
None
Investment team
2
Latest vintage
2009
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

37 additional co-investors and affiliates, 74 additional investments, funds and LPs, 1 event, 2 verified contacts (1 published business email, 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. 2 companies
    portfolio raising

    2 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 25 Sep 2026 ($10M round).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactPress release wires (PR Newswire, GlobeNewswire)For Co-investors, LPs, lendersInvestments →
  2. 2 deals
    with Three-Sixty Health Venture Partners

    Invests most often alongside Three-Sixty Health Venture Partners (2 shared deals).

    pair last observed on record 1 Oct 2026, 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 recordCo-investors →

People to know

View all people
  • Managing Director
    Why: Managing director
    No route on file yet
  • Executive Director
    Why: Executive director: runs the plan or the office
    No route on file yet

Relationship network

122 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
  • 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 Band of Angels Acorn Fund, 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 Band of Angels Acorn Fund, LLC

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

Investing

77 companies on record, 0 new in 12 months

Investments on record

77 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
AEye, Inc.portfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website
Aidenportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website
Airbnbportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website

Stated thesis versus observed behaviour

77 observed deals
Stated (the firm’s website)
Sectors
fintech, medtech, energy, agtech, media
Stages
seed
Geography
los angeles, silicon valley, usa
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
syndicate platform
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (4)Healthcare services (2)Life sciences (1)
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

3 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • Ian Sobieski · Managing Director
    Why this person: Managing director; Named with investment responsibility
  • Asli Gozoren · Executive Director
    Why this person: Executive director: runs the plan or the office; Named with investment responsibility
Who else at this firm · 1 person, grouped by function
Finance, operations and compliance (1)
  • Ed Canty · CFO
    Why this person: CFO at the firm

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 published business email, 1 firm phone

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

Funds and LPs

1 vehicle, 0 LPs disclosed

Funds and vehicles

1 reported, 1 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Band of Angels Acorn Fund, LLCFund2009 form d first saleHarvest$1.7M
Feb 25, 2020
10$3.0M
of $6.0M
Sep 21, 2009
Band of Angels Fund, LPFundunknownWound down$9.2M
Mar 2, 2016
26unknownunknown

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

48 co-investors

Co-investors

48 counted from shared deals, for the whole firm

Evidence and history

6 dated events, 39 observations from 2 sources

Timeline

6 dated events
  1. seen on or beforeSep 24, 2026
    Band of Angels Acorn Fund, LLC: SYNDICATE_PLATFORM -> ANGEL_FUND (name or self-description says angel)
    Classification changedClassificationInference
  2. seen on or beforeSep 14, 2026
    Band of Angels Acorn Fund, LLC: ANGEL_FUND -> SYNDICATE_PLATFORM (name or self-description says syndicate platform)
    Classification changedClassificationInference
  3. Mar 7, 2017
    Band of Angels Fund, LP no longer reported on Form ADV by Band of Angels Acorn Fund, LLC
    Fund no longer reportedFundsInferenceBand of Angels Fund, LPForm ADV
  4. Aug 16, 2014
    Band of Angels Acorn Fund, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactForm ADV
  5. Aug 16, 2014
    Band of Angels Fund, LP first reported on Form ADV by Band of Angels Acorn Fund, LLC (Venture Capital Fund), GAV $11,657,163
    Fund first reported on Form ADVFundsFactBand of Angels Fund, LPForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Feb 25, 2020 · 1 private fundsShow
Headquarters
San Francisco, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
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
Feb 25, 2020
Private funds reported
1 (1 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$1.7Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 24, 2026
    Angel fund or group (confirmed, 95%)
    Name or self-description says angel
  2. Sep 14, 2026
    Syndicate platform (confirmed, 95%)
    Name or self-description says syndicate platform
  3. Sep 12, 2026
    Angel fund or group (confirmed, 95%)
    Name or self-description says angel

Evidence

39 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC exemption claimedVenture capital fund adviserFeb 25, 2020FactForm ADV
SEC adviser typeExempt reporting adviserFeb 25, 2020FactForm ADV
First Form ADV filing2014-08-16Feb 25, 2020FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2020-02-25Feb 25, 2020FactForm ADV
Venture share of reported funds1Feb 25, 2020FactForm ADV
Business phoneFeb 25, 2020FactForm ADV
Contact page urlSep 16, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 14, 2026Fact
HeadquartersSan Francisco, CAFeb 25, 2020FactForm ADV
Office addressFeb 25, 2020FactForm ADV
Self-described typeSyndicate platformSep 16, 2026Fact
Self-described typeSyndicate platformSep 14, 2026Fact
Legal formLimited Liability CompanyFeb 25, 2020FactForm ADV
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 14, 2026Fact
Private funds reported1Feb 25, 2020FactForm ADV
Private fund gross assets (reported)$1.7MFeb 25, 2020FactForm ADV
Stated geographylos angeles, silicon valley, usa
“geography words on the home page”
Sep 16, 2026Fact
Stated geographylos angeles, silicon valley, usa
“geography words on the home page”
Sep 14, 2026Fact
Stated sectorsFintech, medtech, energy, agtech, media
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsFintech, medtech, energy, agtech, media
“sector words on the home page”
Sep 14, 2026Fact
Stated stagesseed
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesseed
“stage words on the home page”
Sep 14, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 14, 2026Fact
Venture funds reported1Feb 25, 2020FactForm ADV
WebsiteFeb 25, 2020FactForm ADV
Site titleSep 16, 2026Fact
Site titleSep 14, 2026Fact
How this is scored
Scores, classification basis and filing advisersAngel fund or group, confirmedShow
Importance
28
moderate
Active deployment
0
low
Emerging
0
low
Freshness
96
high
Angel fund or groupSEC exempt reporting adviser

Name or self-description says angel

The inputs behind each score
importance
gav: 0 · funds: 0.17 · people: 0.08 · investments: 0.7 · co investors: 0.68
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: 2 · reported gav: $1.7M · first adv filing: 2014-08-16 · years since first filing: 12.1

Fits, record history and connections

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

Record history

3 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-24
  • Organization classification changed
    2026-09-14
  • Adviser's first ADV filing
    2014-08-16source 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.