Boardman Bay Capital Management LLC

Multi-stage venture firmSEC-registered adviserClassification probable· New York, New YorkBOARDMANBAY.COM

Multi-stage venture firm, based in New York, New York, reporting $490M of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$490M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
2
Investment team
2
Latest vintage
2026
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

21 additional co-investors and affiliates, 13 additional investments, funds and LPs, 11 events, 2 verified contacts (1 general firm 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. 10 vehicles
    on Form D, 18 months

    $142M reported sold so far.

    A Form D is filed when a vehicle takes its first money, so these are open to LPs now.

    FactSEC Form D filingsFor LPs, fund-of-funds, placement agentsVehicles →
  2. 2 companies
    new in 12 months

    2 new companies in the last 12 months. Latest round Positron AI round ($875M round) on 10 Sep 2026.

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →

People to know

View all people
  • Chief Investment Officer
    Why: Chief investment officer: owns the allocation decision
    No route on file yet
  • Managing Member And Chief Investment Officer
    Why: Chief investment officer: owns the allocation decision
    No route on file yet

Relationship network

45 connected entities2 observed roundsrounds 2026

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 Boardman Bay Capital 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 Boardman Bay Capital Management LLC

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

Investing

2 companies on record, 2 new in 12 months

Investments on record

2 companies, 1 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Positron AI, Inc.Funding roundparticipantunknown$875MunknownSep 10, 2026Fact Press release
HavocSeries A · Series AparticipantWill Graves (confirmed)$100MunknownMay 12, 2026Fact Press release

Stated thesis versus observed behaviour

2 observed deals
Stated (the firm’s website)
Sectors
ai, deep tech, hardware, robotics, defense
Stages
not stated or not yet read
Geography
new york
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
venture capital
Observed (from deals on record)
Stage at participation
series a 100%
Stage at first entry
series a 100%
Sectors
Other 50%unknown 50%
lead rate 0%follow-on rate 0%new companies, 12 months 2

Team

3 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • Will Graves · Chief Investment Officer
    Why this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
  • William Boardman Graves · Managing Member And Chief Investment Officer
    Why this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
Who else at this firm · 1 person, grouped by function
Also on record (1)

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 general firm email, 1 firm phone

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

Funds and LPs

16 vehicles, 0 LPs disclosed

Funds and vehicles

16 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Boardman Bay Ventures, LP - Series IFund2026 form d first saleFundraising$106M
Sep 12, 2026
97$21.9MMar 31, 2026
Boardman Bay Ventures, LP - Series I7Fund2026 form d first saleFundraising$19.3M
Sep 12, 2026
10$6.5MMar 31, 2026
Boardman Bay Ventures, LP - Series QFund2026 form d first saleFundraising$15.8M
Sep 12, 2026
51$15.8MMar 31, 2026

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

24 co-investors · on 3 other DFX graphs

Co-investors

24 counted from shared deals, for the whole firm

Compare portfolios with Unless Management LP, Qatar Investment Authority, Resilience Reserve or any firm. Co-investors across the market

Across DFX and the capital chainon 3 other DFX graphs Show
Across DFX
Across the graphs

Boardman Bay Capital Management LLC is the same institution as 3 records in Independent Sponsors, Private Equity and RIA and Wealth.

Independent Sponsors1Private Equity1RIA and Wealth1

DFX found 3 relationships across 3 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…

Evidence and history

16 dated events, 95 observations from 3 sources

Timeline

16 dated events
  1. seen on or beforeSep 12, 2026
    Boardman Bay Capital Management LLC: MICRO_VC -> MULTI_STAGE_VC (both early and growth/opportunity families, reported GAV $490M)
    Classification changedClassificationInference
  2. Sep 12, 2026
    Boardman Bay Ventures, LP - Series O first reported on Form ADV by Boardman Bay Capital Management LLC, GAV $9,094,508
    Fund first reported on Form ADVFundsFactBoardman Bay Ventures, LP - Series OForm ADV
  3. Sep 12, 2026
    Boardman Bay Ventures, LP - Series L first reported on Form ADV by Boardman Bay Capital Management LLC, GAV $4,215,477
    Fund first reported on Form ADVFundsFactBoardman Bay Ventures, LP - Series LForm ADV
  4. Sep 12, 2026
    Boardman Bay Ventures, LP - Series K first reported on Form ADV by Boardman Bay Capital Management LLC, GAV $4,585,126
    Fund first reported on Form ADVFundsFactBoardman Bay Ventures, LP - Series KForm ADV
  5. Sep 12, 2026
    Boardman Bay Ventures, LP - Series H7 first reported on Form ADV by Boardman Bay Capital Management LLC, GAV $116,310,807
    Fund first reported on Form ADVFundsFactBoardman Bay Ventures, LP - Series H7Form ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 15 private fundsShow
Headquarters
New York, NYadviserinfo.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
Mar 31, 2026
Private funds reported
15 (10 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$490Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$518Mthe adviser's RAUM, a regulatory measure, never a fund size
Employees
3

Classification history

Every classification this record has carried2 on recordShow
  1. Sep 13, 2026
    Multi-stage venture firm (probable, 80%)
    Both early and growth/opportunity families, reported GAV $490M
  2. Sep 12, 2026
    Micro VC (probable, 80%)
    Venture manager, reported GAV $0.0M across 1 vehicle

Evidence

96 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedMar 31, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 31, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 31, 2026FactForm ADV
First Form ADV filing2013-12-24Mar 31, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Adv pdf loadedadv-pdf-1Sep 12, 2026FactForm ADV
SEC statusApprovedMar 31, 2026FactForm ADV
SEC status effective2014-04-08Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 31, 2026FactForm ADV
Business phoneMar 31, 2026FactForm ADV
Employees3Mar 31, 2026FactForm ADV
HeadquartersNew York, NYMar 31, 2026FactForm ADV
Office addressMar 31, 2026FactForm ADV
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 30, 2026Fact
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 29, 2026Fact
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 28, 2026Fact
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 27, 2026Fact
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 26, 2026Fact
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 25, 2026Fact
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 24, 2026Fact
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 23, 2026Fact
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 22, 2026Fact
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 21, 2026Fact
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 20, 2026Fact
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 19, 2026Fact
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 18, 2026Fact
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 17, 2026Fact
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 16, 2026Fact
Self-described typeVenture capital
“VENTURE CAPITAL”
Sep 14, 2026Fact
Legal formLimited Liability CompanyMar 31, 2026FactForm ADV
PE funds reported3Mar 31, 2026FactForm ADV
Private funds reported15Mar 31, 2026FactForm ADV
Private funds reported15Mar 31, 2026FactForm ADV
Private fund gross assets (reported)$490MMar 31, 2026FactForm ADV
Private fund gross assets (reported)$490MMar 31, 2026FactForm ADV
Regulatory AUM (adviser, not fund size)$518MMar 31, 2026FactForm ADV
Schedule a diffsadiff-1Mar 31, 2026FactForm ADV
Stated geographynew york
“geography words on the home page”
Sep 30, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 29, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 28, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 27, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 26, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 25, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 24, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 23, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 22, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 21, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 20, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 19, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 18, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 17, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 16, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 14, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 30, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 29, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 28, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 27, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 26, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 25, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 24, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 23, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 22, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 21, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 20, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 19, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 18, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 17, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, deep tech, hardware, robotics, defense
“sector words on the home page”
Sep 14, 2026Fact
Venture funds reported10Mar 31, 2026FactForm ADV
Venture funds reported10Mar 31, 2026FactForm ADV
WebsiteMar 31, 2026FactForm ADV
Site titleSep 30, 2026Fact
Site titleSep 29, 2026Fact
Site titleSep 28, 2026Fact
Site titleSep 27, 2026Fact
Site titleSep 26, 2026Fact
Site titleSep 25, 2026Fact
Site titleSep 24, 2026Fact
Site titleSep 23, 2026Fact
Site titleSep 22, 2026Fact
Site titleSep 21, 2026Fact
Site titleSep 20, 2026Fact
Site titleSep 19, 2026Fact
Site titleSep 18, 2026Fact
Site titleSep 17, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 14, 2026Fact
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, probableShow
Importance
45
elevated
Active deployment
33
moderate
Emerging
0
low
Freshness
100
high
Multi-stage venture firm · probableSEC registered investment adviser

Both early and growth/opportunity families, reported GAV $490M

The inputs behind each score
importance
gav: 0.51 · funds: 1 · people: 0.08 · investments: 0.11 · co investors: 0.56
active deployment
investments 12m: 0.25 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-10
emerging manager
fund count: 16 · reported gav: $490M · first adv filing: 2014-04-08 · years since first filing: 12.5

Fits, record history and connections

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

Fits

31 scored matches, best firstas of
  • score 58.9confidence 100%
    Why: sector fit; stage fit; activity; analogous
    Watch: adjacent portfolio
  • score 43.9confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 43.9confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio

+28 more scored matches

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

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

2 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-12
  • Adviser's first ADV filing
    2014-04-08source 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.