Solas Bioventures Management, LLC logo

Solas Bioventures Management, LLC

Institutional venture firmSEC-registered adviserClassification probable· Chattanooga, Tennesseesolasbio.com

USA based Venture Capital firm that invests exclusively in the Life Science industry

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

Reported fund assets
$165M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
4
Latest vintage
2024
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

2 additional team members, 11 additional co-investors and affiliates, 36 additional investments, funds and LPs, 1 event, 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.

Nothing material in the last 180 days.

People to know

View all people

Relationship network

61 connected entities4 observed rounds1 repeat counterparty

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 Solas Bioventures 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 Solas Bioventures Management, LLC

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

Investing

30 companies on record, 0 new in 12 months

Investments on record

30 companies, 4 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Aegeaportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website
ARRIVO Resizedportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website
baebies inc.portfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website

Stated thesis versus observed behaviour

33 observed deals
Stated (the firm’s website)
Sectors
healthcare, biotech, medtech, space
Stages
early
Geography
tennessee, usa, 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
Industries, each company once
Healthcare services (1)Life sciences (1)
lead rate no observed dealsfollow-on rate 33%new companies, 12 months 0

Team

5 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function

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

5 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

12 vehicles, 0 LPs disclosed

Funds and vehicles

12 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Solas Intershunt Sidecar LLCSPV or co-invest vehicle2024 form d first saleEarly deployment$1.5M
Sep 12, 2026
24$1.4MJan 16, 2025
Solas Tvardi Sidecar LLCSPV or co-invest vehicle2024 form d first saleNewly closed$567,443
Sep 12, 2026
64$13.3MJan 16, 2025
Solas Basking Holdings, LLCFund2023 form d first saleActive deployment$9.0M
Sep 12, 2026
63$9.0MJul 30, 2024

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

14 co-investors · on 1 other DFX graph

Co-investors

14 counted from shared deals, for the whole firm
Across DFX and the capital chainon 1 other DFX graph Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

Solas Bioventures Management, LLC is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Evidence and history

6 dated events, 30 observations from 3 sources

Timeline

6 dated events
  1. Sep 12, 2026
    Solas Maclellan Group Jv first reported on Form ADV by Solas Bioventures Management, LLC, GAV $12,256,344
    Fund first reported on Form ADVFundsFactSolas Maclellan Group JvForm ADV
  2. Sep 12, 2026
    Solas Bioventures Fund II, LP first reported on Form ADV by Solas Bioventures Management, LLC, GAV $28,703,745
    Fund first reported on Form ADVFundsFactSolas Bioventures Fund II, LPForm ADV
  3. Sep 12, 2026
    Solas Bioventures Fund I, LP first reported on Form ADV by Solas Bioventures Management, LLC, GAV $10,642,863
    Fund first reported on Form ADVFundsFactSolas Bioventures Fund I, LPForm ADV
  4. Sep 12, 2026
    Solas Bioventures Emerging Healthcare Fund, LP first reported on Form ADV by Solas Bioventures Management, LLC, GAV $48,641,749
    Fund first reported on Form ADVFundsFactSolas Bioventures Emerging Healthcare Fund, LPForm ADV
  5. Sep 12, 2026
    Solas Arrivo B Sidecar first reported on Form ADV by Solas Bioventures Management, LLC, GAV $1,846,665
    Fund first reported on Form ADVFundsFactSolas Arrivo B SidecarForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Jul 30, 2026 · 12 private fundsShow
Headquarters
Chattanooga, TNadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Jul 30, 2026
Private funds reported
12 (12 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$165Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$165Mthe adviser's RAUM, a regulatory measure, never a fund size
Employees
6
Owners on Schedule A
Risky Business LLC (Member), owns under 5%

Classification history

Every classification this record has carried2 on recordShow
  1. Sep 13, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $165M across 12 vehicles
  2. Sep 12, 2026
    Institutional venture firm (probable, 70%)
    Venture manager with no reported fund assets yet (scale unknown)

Evidence

30 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedJul 30, 2026FactForm ADV
SEC adviser typeRegistered investment adviserJul 30, 2026FactForm ADV
Latest Form ADV filing2026-07-30Jul 30, 2026FactForm ADV
Adv pdf loadedadv-pdf-1Sep 12, 2026FactForm ADV
SEC statusApprovedJul 30, 2026FactForm ADV
SEC status effective2025-11-19Jul 30, 2026FactForm ADV
Business phoneJul 30, 2026FactForm ADV
DescriptionSep 16, 2026Fact
DescriptionSep 14, 2026Fact
Employees6Jul 30, 2026FactForm ADV
HeadquartersChattanooga, TNJul 30, 2026FactForm ADV
Office addressJul 30, 2026FactForm ADV
Self-described typeVenture capitalSep 16, 2026Fact
Self-described typeVenture capitalSep 14, 2026Fact
Legal formLimited Liability CompanyJul 30, 2026FactForm ADV
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 14, 2026Fact
Private funds reported12Jul 30, 2026FactForm ADV
Private fund gross assets (reported)$165MJul 30, 2026FactForm ADV
Regulatory AUM (adviser, not fund size)$165MJul 30, 2026FactForm ADV
Stated geographyTennessee, usa, worldwide
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyTennessee, usa, worldwide
“geography words on the home page”
Sep 14, 2026Fact
Stated sectorsHealthcare, biotech, medtech, space
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsHealthcare, biotech, medtech, space
“sector words on the home page”
Sep 14, 2026Fact
Stated stagesearly
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesearly
“stage words on the home page”
Sep 14, 2026Fact
Venture funds reported12Jul 30, 2026FactForm ADV
WebsiteJul 30, 2026FactForm ADV
Site titleSep 16, 2026Fact
Site titleSep 14, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, probableShow
Importance
49
elevated
Active deployment
25
moderate
Emerging
0
low
Freshness
92
high
Institutional venture firm · probableSEC registered investment adviser

Venture manager, reported GAV $165M across 12 vehicles

The inputs behind each score
importance
gav: 0.37 · funds: 1 · people: 0.16 · investments: 0.56 · co investors: 0.46
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: 12 · reported gav: $165M · first adv filing: 2025-11-19 · years since first filing: 0.9

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
    2025-11-19source 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.