GSV Ventures Management, LLC
Institutional venture firm, based in Chicago, Illinois, reporting $582M of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
30 additional team members, 7 additional co-investors and affiliates, 23 additional investments, funds and LPs, 14 events, 16 verified contacts (14 professional url, 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
- 4 dealswith Jump Capital
Invests most often alongside Jump Capital (4 shared deals) and OWL Ventures (4 shared deals).
pair last observed on record 7 Jun 2021, 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- Managing PartnerWhy: Managing partner: runs the firmNo route on file yet
- Partner and Co-Founder of VolitionWhy: Founder of the firmNo route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
Relationship network
72 connected entities7 observed rounds5 repeat counterparties4 dated rounds shown here, 2018 to 2021
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.
- 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 GSV Ventures Management, 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 GSV Ventures Management, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
13 companies on record, 0 new in 12 months
Investments on record
What these amounts mean“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.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| CliffsNotes | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
| Course Hero | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
| Learn More & Register | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- media
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
34 current, 1 departed
Decision makers
- Adam Freed · Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibility
- Sergey Karayev · Partner and Co-Founder of VolitionWhy this person: Founder of the firm; 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
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Managing Member · 7 deals attributed
- Managing Partner
- Partner and Co-Founder of Volition
1 departed (kept with end dates)
- William Epamin Vastardis · Chief Compliance Officer · Jun 1, 2021 to Mar 25, 2024 Inference
Contacts
1 published business email, 1 firm phone, 14 professional url on record, each with its source. Values open with the complete profile.
Funds and LPs
16 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV 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.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| GSV Ventures Fund III Affiliates, L.P. | Feeder or parallel | 2023 adv first reported | Active deployment | $2.4M Apr 29, 2026 | 19 | $0 of $2.6M | Jun 8, 2022 |
| GSV Sl, L.P. | Fund | 2022 form d first sale | Active deployment | $22.6M Apr 29, 2026 | 3 | $25.0M | Dec 8, 2022 |
| GSV Ch III, LP | Fund | 2022 form d first sale | Active deployment | $2.9M Apr 29, 2026 | 1 | $5.0M of $5.0M | Jul 8, 2022 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| The Teagle Foundation Incorporated | FOUNDATION | GSV Acceleration Fund I, L.P. | $255,390 fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
Relationships across DFX
10 co-investors · on 2 other DFX graphs
Co-investors
- 2021-06-074 shared deals · strong
- 2021-06-074 shared deals · strong
- 2021-06-074 shared deals · strong
Across DFX and the capital chainon 2 other DFX graphs · 1 capital path ShowHide
- The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
GSV Ventures Management, LLC is the same institution as 2 records in Allocators and RIA and Wealth.
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
GSV Ventures Management, LLC sits on 1 traced path of capital across the graphs.
DFX traced 1 path of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Evidence and history
19 dated events, 63 observations from 4 sources
Timeline
- Mar 25, 2024William Epamin Vastardis (Chief Compliance Officer) no longer on Schedule A of GSV Ventures Management, LLC
- Mar 31, 2023GSV Ventures Fund III Affiliates, L.P. first reported on Form ADV by GSV Ventures Management, LLC (Venture Capital Fund), GAV $578,992
- Mar 31, 2023GSV Ch III, LP first reported on Form ADV by GSV Ventures Management, LLC (Venture Capital Fund), GAV $12,265,629
- Mar 31, 2023GSV Sl, L.P. first reported on Form ADV by GSV Ventures Management, LLC (Venture Capital Fund), GAV $24,452,619
- Mar 31, 2022GSV Stars V, LP first reported on Form ADV by GSV Ventures Management, LLC (Venture Capital Fund), GAV $1,010,200
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Apr 29, 2026 · 15 private fundsShowHide
Website description: PORTFOLIO OUR TEAM CONTACT ASU+GSV SUMMIT We’re Leveling Up Our new website is launching soon. Stay Connected Copyright 2026, GSV Ventures, all rights reserved
- Headquarters
- Chicago, ILadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- gsv.ventures
- 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
- Apr 29, 2026
- Private funds reported
- 15 (15 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $582Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Classification history
Every classification this record has carried3 on recordShowHide
- Sep 23, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $582M across 16 vehicles
- Sep 15, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $601M across 16 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $595M across 15 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Apr 29, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Apr 29, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 25, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Apr 29, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Apr 29, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 25, 2024 | Fact | Form ADV |
| First Form ADV filing | 2016-08-25 | Apr 29, 2026 | Fact | Form ADV |
| First Form ADV filing | 2016-08-25 | Mar 25, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-04-29 | Apr 29, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-04-29 | Apr 29, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-25 | Mar 25, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Apr 29, 2026 | Fact | Form ADV |
| SEC status effective | 2023-03-31 | Apr 29, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Apr 29, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 25, 2024 | Fact | Form ADV |
| Business phone | Apr 29, 2026 | Fact | Form ADV | |
| Business phone | Mar 25, 2024 | Fact | Form ADV | |
| Contact page url | Sep 30, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Sep 30, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 14, 2026 | Fact | ||
| Headquarters | Chicago, IL | Apr 29, 2026 | Fact | Form ADV |
| Headquarters | Chicago, IL | Mar 25, 2024 | Fact | Form ADV |
| Office address | Apr 29, 2026 | Fact | Form ADV | |
| Office address | Mar 25, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Apr 29, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 25, 2024 | Fact | Form ADV |
| Portfolio page | Sep 30, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 14, 2026 | Fact | ||
| Private funds reported | 15 | Apr 29, 2026 | Fact | Form ADV |
| Private funds reported | 15 | Apr 29, 2026 | Fact | Form ADV |
| Private funds reported | 16 | Mar 25, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $582M | Apr 29, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $582M | Apr 29, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $601M | Mar 25, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Sep 24, 2026 | Fact | Form ADV |
| Stated sectors | media “sector words on the home page” | Sep 30, 2026 | Fact | |
| Stated sectors | media “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | media “sector words on the home page” | Sep 14, 2026 | Fact | |
| Team page | Sep 30, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 14, 2026 | Fact | ||
| Venture funds reported | 15 | Apr 29, 2026 | Fact | Form ADV |
| Venture funds reported | 15 | Apr 29, 2026 | Fact | Form ADV |
| Venture funds reported | 16 | Mar 25, 2024 | Fact | Form ADV |
| Website | Mar 25, 2024 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 14, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShowHide
Venture manager, reported GAV $582M across 16 vehicles
- importance
- gav: 0.54 · funds: 1 · people: 0.68 · investments: 0.47 · co investors: 0.4
- 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: 16 · reported gav: $582M · first adv filing: 2016-08-25 · years since first filing: 10.1
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Adviser's first ADV filing2016-08-25source 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.