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 / A-Star Partners, LLC
A-Star Partners, LLC
Institutional venture firmSan Francisco, CAa-star.coSEC venture capital fund adviserfundraising evidence
A* — early-stage venture firm.
venture manager, reported GAV $686M across 14 vehicles
Importance
52
elevated
Active deployment
90
high
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
31
moderate
Identity and regulatory footprint
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- 900 KEARNY ST, SUITE 610, San Francisco, CA, 94133adviserinfo.sec.gov
- Business phone
- 415-287-0504adviserinfo.sec.gov
- Website
- https://www.a-star.co/
- 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 31, 2026
- Private funds reported
- 8 (8 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $1.2Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- careers@a-star.coa-star.copublished by the subject
- business email
- hello@a-star.coa-star.copublished by the subject
- business phone
- 415-287-0504adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
60 observed deals
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- early
- Geography
- not stated
- 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 98%Other 2%
lead rate n/afollow-on rate n/anew logos, 12 months 60
Funds and vehicles
14 reported, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| A-Star Fund III, LP | Fund | 2026 form d first sale | Newly closed | unknown | unknown | $451M of $451M | Apr 10, 2026 |
| CL Advisors - DVII LP | Fund | 2025 form d first sale | Newly closed | unknown | unknown | $830,000 of $830,000 | Jan 14, 2026 |
| CL Advisors - DIV LP | Fund | 2025 form d first sale | Newly closed | unknown | unknown | $1.1M of $1.1M | Oct 31, 2025 |
| CL Advisors - DII LP | Fund | 2025 form d first sale | Newly closed | unknown | unknown | $1.6M of $1.6M | Sep 19, 2025 |
| CL Advisors - DIII LP | Fund | 2025 form d first sale | Newly closed | unknown | unknown | $614,720 of $614,720 | Jan 14, 2026 |
| CL Advisors - DVI LP | Fund | 2025 form d first sale | Newly closed | unknown | unknown | $3.9M of $3.9M | Oct 21, 2025 |
| A-Star Capital Fund II, LP | Fund | 2024 adv first reported | Early deployment | $316M May 21, 2024 | 103 | $0 of $300M | Jun 29, 2023 |
| A-Star Partners Ct IV LLC | Fund | 2022 form d first sale | Active deployment | $6.0M May 21, 2024 | 29 | $6.3M | Apr 21, 2022 |
| A-Star Partners Ct II LLC | Fund | 2021 form d first sale | Mature | $890,346 May 21, 2024 | 4 | $9.5M of $9.5M | Aug 24, 2021 |
| A-Star Partners Fund I, LP | Fund | unknown | Unknown | $349M May 21, 2024 | 157 | $0 of $250M | Jul 29, 2021 |
| A-Star Partners Ct III LLC | Fund | unknown | Unknown | $7.5M May 21, 2024 | 6 | unknown | unknown |
| A-Star Partners Fund I-A, LP | Feeder or parallel | unknown | Unknown | $6.8M May 21, 2024 | 31 | $0 of $30.0M | Jul 29, 2021 |
| Strata Capital Partners Fund I, L.P. | Fund | unknown | Fundraising | unknown | unknown | $0 | Apr 16, 2026 |
| A-Star Fund III-A, LP | Feeder or parallel | unknown | Fundraising | unknown | unknown | $0 of $13.0M | Jun 17, 2026 |
| A-Star Partners Warehouse II LLC | Fund | unknown | Wound down | $10.0M Aug 30, 2022 | 1 | 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
12 current, 0 departed
Bennett Siegel
General partnerCo-Founder & General Partner
Kevin Hartz
General partnerCo-Founder & General Partner
Louisa Edwards
OtherChief of Staff
Bennett Siegel
PartnerMember · since Jul 1, 2021
Gautam Gupta
PartnerMember · since Jul 1, 2021
Jordan Windmueller
PartnerPartner
Kevin Hartz
PartnerMember · since Jul 1, 2021
Vikram Ramakrishnan
PartnerPartner
Emily Chan
Platform and operationsExecutive Assistant
Platform and operations
Rebecca Galdos
Platform and operationsSenior Executive Assistant
Gautam Gupta
Venture partnerCo-Founder & Venture Partner
Investments on record
60 edges, 60 companies, 0 partner-attributed
“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
40 relationships from shared deals, counted for the whole firm
Rizvi Traverse Management, LLC 4 shared · strongA.capital Ventures 4 shared · strongBling Capital LLC 4 shared · strongAvenir Management Company, LLC 4 shared · strongKhosla Ventures, LLC 3 shared · recurringMatrix 3 shared · recurringMenlo Ventures 3 shared · recurringChemistry Ventures Management, LLC 3 shared · recurring137 Ventures Management, LLC 3 shared · recurringG Squared Equity LLC 3 shared · recurringPathlight Management III, LLC 3 shared · recurringEthos Manager LLC 2 shared · recurringMillennium Technology Value Partners 2 shared · recurringMotley Fool Ventures 2 shared · recurringEastlink Capital Management, LLC 2 shared · recurringGlynn Capital Management, LLC 2 shared · recurringNext Legacy Management, LLC 2 shared · recurringHaymaker Ventures LLC 2 shared · recurringHummingbird Ventures V US GP LLC 2 shared · recurringFelicis Ventures 2 shared · recurringSection Partners 2 shared · recurringNelstone Ventures Advisors 2 shared · recurringSapphire Ventures, LLC 2 shared · recurringMastry 2 shared · recurringCRV, LLC 2 shared · recurringAlter Management LLC 2 shared · recurringPruven Management Company, LLC 2 shared · recurringInstitutional Venture 2 shared · recurringDST Global 1 shared · one timeKleiner Perkins 1 shared · one timeStandard Crypto Management LP 1 shared · one timeElefund Management Company, LLC 1 shared · one timeDRAPER ASSOCIATES 1 shared · one timeCrane Venture Partners LLP 1 shared · one timeVitalizevc Management, LLC 1 shared · one timeAIM Master I (bvi) Ltd. 1 shared · one timeUncork Capital 1 shared · one timeIndex Ventures Sa 1 shared · one timeAugment Ventures 1 shared · one timeBain Capital 1 shared · one time
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
10 dated events
- Sep 16, 2026Squareup no longer listed on A-Star Partners, LLC's portfolio pageRemoved from portfolio pagePortfolioInferenceSquareupVenture organization websites (about, team, portfolio, thesis, news pages)
- Mar 29, 2024A-Star Capital Fund II, LP first reported on Form ADV by A-Star Partners, LLC (Venture Capital Fund), GAV $315,798,474Fund first reported on Form ADVFundsFactA-Star Capital Fund II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2023A-Star Partners Ct IV LLC first reported on Form ADV by A-Star Partners, LLC (Venture Capital Fund), GAV $5,981,703Fund first reported on Form ADVFundsFactA-Star Partners Ct IV LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2023A-Star Partners Warehouse II LLC no longer reported on Form ADV by A-Star Partners, LLCFund no longer reportedFundsInferenceA-Star Partners Warehouse II LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 27, 2021A-Star Partners Warehouse II LLC first reported on Form ADV by A-Star Partners, LLC (Venture Capital Fund), GAV $16,096,186Fund first reported on Form ADVFundsFactA-Star Partners Warehouse II LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 27, 2021A-Star Partners, 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)
- Sep 27, 2021A-Star Partners Fund I, LP first reported on Form ADV by A-Star Partners, LLC (Venture Capital Fund), GAV $201,678,476Fund first reported on Form ADVFundsFactA-Star Partners Fund I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 27, 2021A-Star Partners Fund I-A, LP first reported on Form ADV by A-Star Partners, LLC (Venture Capital Fund), GAV $4,970,000Fund first reported on Form ADVFundsFactA-Star Partners Fund I-A, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 27, 2021A-Star Partners Ct II LLC first reported on Form ADV by A-Star Partners, LLC (Venture Capital Fund), GAV $9,499,586Fund first reported on Form ADVFundsFactA-Star Partners Ct II LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 27, 2021A-Star Partners Ct III LLC first reported on Form ADV by A-Star Partners, LLC (Venture Capital Fund), GAV $7,500,000Fund first reported on Form ADVFundsFactA-Star Partners Ct III LLCSEC 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 (confirmed, 95%, cls-1)venture manager, reported GAV $686M across 14 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $686M across 8 vehicles
Evidence
47 observations from 3 sources