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 / Overlay Management, LLC
Overlay Management, LLC
Private equity with venture activity · probableAlpharetta, GAoverlaycapital.comSEC registered investment adviserfundraising evidence
Overlay Capital is a private investment firm focused on the essential systems that will power, connect, and sustain modern life over the next 50 years.
registered adviser; venture funds are 10% of 40 private funds
Importance
29
moderate
Active deployment
64
high
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
20
moderate
Identity and regulatory footprint
- Headquarters
- Alpharetta, GAadviserinfo.sec.gov
- Office address
- 3000 NORTHWINDS PARKWAY, SUITE 150, Alpharetta, GA, 30009adviserinfo.sec.gov
- Business phone
- 770-415-0596adviserinfo.sec.gov
- Website
- https://overlaycapital.com/
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Apr 28, 2026
- Private funds reported
- 40 (4 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $168Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $169Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 16
- Owners on Schedule A
- Overlay Group, LLC (100% Owner Of Overlay Management Llc), E
- business email
- ocippress@overlaycapital.comoverlaycapital.compublished by the subject
- business email
- ir@overlaycapital.comoverlaycapital.compublished by the subject
- business email
- jsheridan@overlaycapital.comoverlaycapital.compublished by the subject
- business email
- general@overlaycapital.comoverlaycapital.compublished by the subject
- business email
- julieta@overlaycapital.comoverlaycapital.compublished by the subject
- business phone
- 770-415-0596adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- climate, energy
- Stages
- not stated or not yet read
- Geography
- canada, texas
- 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 0%follow-on rate 0%new logos, 12 months 1
Funds and vehicles
40 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| HA-02021 Fund I, a series of Roll Up Vehicles, LP | SPV or co-invest vehicle | 2026 form d first sale | Newly closed | $1.4M Sep 12, 2026 | 46 | $23.3M of $23.3M | Apr 24, 2026 |
| Overlay Capital Innovation Fund Pv II LP | Fund | 2025 form d first sale | Newly closed | $12.7M Sep 12, 2026 | 82 | $25,000 of $15.0M | Feb 6, 2025 |
| OC Fusion Partners, LLC | Fund | 2025 form d first sale | Fundraising | $6.5M Sep 12, 2026 | 64 | $927,500 of $15.0M | May 7, 2025 |
| OCIP Interconnect 5, LLC | Fund | 2025 form d first sale | Fundraising | $4.5M Sep 12, 2026 | 27 | $3.6M of $5.5M | Nov 10, 2025 |
| OC Infrastructure Partners Pv2 LP | Fund | 2025 form d first sale | Fundraising | $4.2M Sep 12, 2026 | 34 | $1,000 of $20.0M | Jul 11, 2025 |
| OCIP Interconnect 6, LLC | Fund | 2025 form d first sale | Fundraising | $3.6M Sep 12, 2026 | 16 | $3.6M of $5.0M | Dec 23, 2025 |
| OCIP Interconnect 4, LLC | Fund | 2025 form d first sale | Fundraising | $1.9M Sep 12, 2026 | 14 | $100,000 of $3.0M | Nov 10, 2025 |
| OC Avalanche Partners, LLC | Fund | 2025 form d first sale | Fundraising | $1.5M Sep 12, 2026 | 17 | $1.5M of $1.9M | Jan 16, 2026 |
| OCIP Interconnect 7, LLC | Fund | 2025 form d first sale | Fundraising | $1.4M Sep 12, 2026 | 8 | $1.4M of $2.0M | Jan 16, 2026 |
| Overlay Capital Innovation Fund Pv III LP | Fund | 2025 form d first sale | Fundraising | $1.3M Sep 12, 2026 | 12 | $160,000 of $15.0M | Dec 16, 2025 |
| OC Sortera Partners 1, LLC | Fund | 2025 form d first sale | Fundraising | $1.1M Sep 12, 2026 | 22 | $25,000 of $3.0M | Jun 27, 2025 |
| OC Xcimer Partners, LLC | Fund | 2025 form d first sale | Fundraising | $750,000 Sep 12, 2026 | 5 | $550,000 of $1.2M | Nov 10, 2025 |
| OCIP IXDC Texas, LLC | Fund | 2025 form d first sale | Fundraising | $670,000 Sep 12, 2026 | 9 | $50,000 of $5.0M | Nov 10, 2025 |
| OC Wam Fund 1 LP | Fund | 2025 form d first sale | Fundraising | $650,000 Sep 12, 2026 | 7 | $50,000 of $50.0M | Aug 18, 2025 |
| OC Automation Partners 1, LLC | Fund | 2024 form d first sale | Fundraising | $6.9M Sep 12, 2026 | 69 | $4.2M of $8.0M | Jun 10, 2025 |
| OCRA Senior Opportunity Partners, LLC | Opportunity fund | 2024 form d first sale | Fundraising | $5.0M Sep 12, 2026 | 39 | $4.9M of $20.0M | Nov 19, 2025 |
| OCRA Penn AL, LLC | Fund | 2024 form d first sale | Early deployment | $4.2M Sep 12, 2026 | 37 | $100,000 of $7.0M | Feb 9, 2024 |
| OC Build Tools, LLC | Fund | 2024 form d first sale | Early deployment | $2.2M Sep 12, 2026 | 17 | $50,000 of $5.0M | Apr 1, 2024 |
| OC Ocean Assets 1, LLC | Fund | 2024 form d first sale | Early deployment | $977,500 Sep 12, 2026 | 22 | $350,000 of $1.8M | Jun 18, 2024 |
| Ocif Zap Partners 1, LLC | Fund | 2024 form d first sale | Early deployment | $458,750 Sep 12, 2026 | 17 | $50,000 of $1.1M | Apr 15, 2024 |
| Overlay Capital Infrastructure Partners LP | Fund | 2023 form d first sale | Fundraising | $14.4M Sep 12, 2026 | 69 | $13.4M of $50.0M | Apr 8, 2026 |
| Overlay Capital Infrastructure Partners Pv LP | Fund | 2023 form d first sale | Fundraising | $13.1M Sep 12, 2026 | 79 | $13.0M of $20.0M | Nov 19, 2025 |
| Overlay Capital Innovation Fund LP | Fund | 2023 form d first sale | Active deployment | $11.0M Sep 12, 2026 | 66 | $1.3M of $70.0M | Mar 8, 2023 |
| Ocra Ksi Solar LLC | Fund | 2023 form d first sale | Active deployment | $7.9M Sep 12, 2026 | 46 | $700,000 of $7.0M | Feb 14, 2023 |
| Overlay Capital Innovation Fund Pv LP | Fund | 2023 form d first sale | Active deployment | $7.9M Sep 12, 2026 | 63 | $100,000 of $15.0M | Aug 16, 2023 |
| Ocif Mill Partners 1 LLC | Fund | 2023 form d first sale | Active deployment | $395,000 Sep 12, 2026 | 12 | $120,000 of $1.0M | Aug 23, 2023 |
| OMV Revere Climactic LLC | Fund | 2022 form d first sale | Active deployment | $3.8M Sep 12, 2026 | 19 | $2.0M of $10.0M | Nov 9, 2022 |
| Ocra Texas Al LLC | Fund | 2022 form d first sale | Active deployment | $3.1M Sep 12, 2026 | 38 | $1.6M of $3.5M | Oct 11, 2022 |
| Ocra Cielo Wh LLC | Fund | 2022 form d first sale | Active deployment | $2.9M Sep 12, 2026 | 31 | $125,000 of $125,000 | Jan 3, 2023 |
| Omventures Ggc 2 LLC | Fund | 2022 form d first sale | Active deployment | $2.4M Sep 12, 2026 | 13 | $1.4M of $3.0M | Feb 28, 2022 |
| OMV Emrgy Sa LLC | Fund | 2022 form d first sale | Active deployment | $2.1M Sep 12, 2026 | 38 | $1.1M of $2.0M | Oct 11, 2022 |
| OMV Revere 1 LLC | Fund | 2022 form d first sale | Active deployment | $565,000 Sep 12, 2026 | 17 | $410,000 of $600,000 | May 24, 2022 |
| Altera Proof PA LLC | Fund | 2021 form d first sale | Mature | $1.1M Sep 12, 2026 | 14 | $835,000 of $1.0M | Feb 25, 2022 |
| Ocip Accelco 1 LLC | Fund | unknown | Unknown | $9.0M Sep 12, 2026 | 22 | unknown | unknown |
| OBF Lender LLC | Fund | unknown | Unknown | $8.0M Sep 12, 2026 | 2 | unknown | unknown |
| OEF II Lender LLC | Fund | unknown | Unknown | $7.0M Sep 12, 2026 | 2 | unknown | unknown |
| OGF Lender LLC | Fund | unknown | Unknown | $5.0M Sep 12, 2026 | 2 | unknown | unknown |
| Ocip Interconnect 2 LLC | Fund | unknown | Unknown | $3.0M Sep 12, 2026 | 4 | unknown | unknown |
| Overlay Sterling Lender LLC | Fund | unknown | Unknown | $2.0M Sep 12, 2026 | 3 | unknown | unknown |
| OMV Terra 1 LLC | Fund | unknown | Unknown | $1.6M Sep 12, 2026 | 29 | 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
2 current, 0 departed
Chadd Mclane Evans
Managing partnerManaging Member, Chief Investment Officer · since Nov 1, 2022
Brett Daniel Wayman
Platform and operationsChief Compliance Officer, Chief Operating Officer, Manager · since Jun 1, 2023
Investments on record
1 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Avalanche Energy | Funding round | participant | unknown | $29.0M | unknown | Feb 3, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
“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
3 relationships from shared deals, counted for the whole firm
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
40 dated events
- Sep 12, 2026Overlay Sterling Lender LLC first reported on Form ADV by Overlay Management, LLC, GAV $2,000,000Fund first reported on Form ADVFundsFactOverlay Sterling Lender LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Overlay Capital Innovation Fund Pv LP first reported on Form ADV by Overlay Management, LLC, GAV $7,875,000Fund first reported on Form ADVFundsFactOverlay Capital Innovation Fund Pv LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Overlay Capital Innovation Fund Pv III LP first reported on Form ADV by Overlay Management, LLC, GAV $1,260,000Fund first reported on Form ADVFundsFactOverlay Capital Innovation Fund Pv III LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Overlay Capital Innovation Fund Pv II LP first reported on Form ADV by Overlay Management, LLC, GAV $12,650,400Fund first reported on Form ADVFundsFactOverlay Capital Innovation Fund Pv II LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Overlay Capital Innovation Fund LP first reported on Form ADV by Overlay Management, LLC, GAV $11,000,000Fund first reported on Form ADVFundsFactOverlay Capital Innovation Fund LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Overlay Capital Infrastructure Partners Pv LP first reported on Form ADV by Overlay Management, LLC, GAV $13,092,000Fund first reported on Form ADVFundsFactOverlay Capital Infrastructure Partners Pv LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Overlay Capital Infrastructure Partners LP first reported on Form ADV by Overlay Management, LLC, GAV $14,371,000Fund first reported on Form ADVFundsFactOverlay Capital Infrastructure Partners LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Omventures Ggc 2 LLC first reported on Form ADV by Overlay Management, LLC, GAV $2,410,000Fund first reported on Form ADVFundsFactOmventures Ggc 2 LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OMV Terra 1 LLC first reported on Form ADV by Overlay Management, LLC, GAV $1,629,000Fund first reported on Form ADVFundsFactOMV Terra 1 LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OMV Revere Climactic LLC first reported on Form ADV by Overlay Management, LLC, GAV $3,760,000Fund first reported on Form ADVFundsFactOMV Revere Climactic LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OMV Revere 1 LLC first reported on Form ADV by Overlay Management, LLC, GAV $565,000Fund first reported on Form ADVFundsFactOMV Revere 1 LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OMV Emrgy Sa LLC first reported on Form ADV by Overlay Management, LLC, GAV $2,085,000Fund first reported on Form ADVFundsFactOMV Emrgy Sa LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OGF Lender LLC first reported on Form ADV by Overlay Management, LLC, GAV $5,000,000Fund first reported on Form ADVFundsFactOGF Lender LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OEF II Lender LLC first reported on Form ADV by Overlay Management, LLC, GAV $7,000,000Fund first reported on Form ADVFundsFactOEF II Lender LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Ocra Texas Al LLC first reported on Form ADV by Overlay Management, LLC, GAV $3,140,000Fund first reported on Form ADVFundsFactOcra Texas Al LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Ocra Senior Opportunity Partners LLC first reported on Form ADV by Overlay Management, LLC, GAV $5,032,500Fund first reported on Form ADVFundsFactOCRA Senior Opportunity Partners, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Ocra Penn Al LLC first reported on Form ADV by Overlay Management, LLC, GAV $4,200,000Fund first reported on Form ADVFundsFactOCRA Penn AL, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Ocra Ksi Solar LLC first reported on Form ADV by Overlay Management, LLC, GAV $7,877,000Fund first reported on Form ADVFundsFactOcra Ksi Solar LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Ocra Cielo Wh LLC first reported on Form ADV by Overlay Management, LLC, GAV $2,937,500Fund first reported on Form ADVFundsFactOcra Cielo Wh LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Ocip Ixdc Texas LLC first reported on Form ADV by Overlay Management, LLC, GAV $670,000Fund first reported on Form ADVFundsFactOCIP IXDC Texas, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Ocip Interconnect 7 LLC first reported on Form ADV by Overlay Management, LLC, GAV $1,440,000Fund first reported on Form ADVFundsFactOCIP Interconnect 7, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Ocip Interconnect 6 LLC first reported on Form ADV by Overlay Management, LLC, GAV $3,633,000Fund first reported on Form ADVFundsFactOCIP Interconnect 6, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Ocip Interconnect 5 LLC first reported on Form ADV by Overlay Management, LLC, GAV $4,500,000Fund first reported on Form ADVFundsFactOCIP Interconnect 5, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Ocip Interconnect 4 LLC first reported on Form ADV by Overlay Management, LLC, GAV $1,915,000Fund first reported on Form ADVFundsFactOCIP Interconnect 4, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Ocip Interconnect 2 LLC first reported on Form ADV by Overlay Management, LLC, GAV $3,000,000Fund first reported on Form ADVFundsFactOcip Interconnect 2 LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Ocip Accelco 1 LLC first reported on Form ADV by Overlay Management, LLC, GAV $9,025,000Fund first reported on Form ADVFundsFactOcip Accelco 1 LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Ocif Zap Partners 1 LLC first reported on Form ADV by Overlay Management, LLC, GAV $458,750Fund first reported on Form ADVFundsFactOcif Zap Partners 1, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Ocif Mill Partners 1 LLC first reported on Form ADV by Overlay Management, LLC, GAV $395,000Fund first reported on Form ADVFundsFactOcif Mill Partners 1 LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OC Xcimer Partners LLC first reported on Form ADV by Overlay Management, LLC, GAV $750,000Fund first reported on Form ADVFundsFactOC Xcimer Partners, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OC Wam Fund 1 LP first reported on Form ADV by Overlay Management, LLC, GAV $650,000Fund first reported on Form ADVFundsFactOC Wam Fund 1 LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OC Sortera Partners 1 LLC first reported on Form ADV by Overlay Management, LLC, GAV $1,144,000Fund first reported on Form ADVFundsFactOC Sortera Partners 1, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OC Ocean Assets 1 LLC first reported on Form ADV by Overlay Management, LLC, GAV $977,500Fund first reported on Form ADVFundsFactOC Ocean Assets 1, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OC Infrastructure Partners Pv2 LP first reported on Form ADV by Overlay Management, LLC, GAV $4,218,000Fund first reported on Form ADVFundsFactOC Infrastructure Partners Pv2 LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OC Fusion Partners LLC first reported on Form ADV by Overlay Management, LLC, GAV $6,540,000Fund first reported on Form ADVFundsFactOC Fusion Partners, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OC Build Tools LLC first reported on Form ADV by Overlay Management, LLC, GAV $2,152,500Fund first reported on Form ADVFundsFactOC Build Tools, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OC Avalanche Partners LLC first reported on Form ADV by Overlay Management, LLC, GAV $1,480,000Fund first reported on Form ADVFundsFactOC Avalanche Partners, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OC Automation Partners 1 LLC first reported on Form ADV by Overlay Management, LLC, GAV $6,852,000Fund first reported on Form ADVFundsFactOC Automation Partners 1, LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026OBF Lender LLC first reported on Form ADV by Overlay Management, LLC, GAV $8,000,000Fund first reported on Form ADVFundsFactOBF Lender LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Altera Proof PA LLC first reported on Form ADV by Overlay Management, LLC, GAV $1,082,250Fund first reported on Form ADVFundsFactAltera Proof PA LLCIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- May 1, 2026Overlay Management, LLC appears on the SEC adviser roster (RIA)First SEC adviser filingOrganizationFactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Classification history
- Sep 12, 2026Private equity with venture activity (probable, 75%, cls-1)registered adviser; venture funds are 10% of 40 private funds
Evidence
26 observations from 3 sources