Relevance Capital Management, LLC

Institutional venture firmSEC exempt reporting adviserClassification probable· Brentwood, Tennesseerelevanceventures.com

Institutional venture firm, based in Brentwood, Tennessee, reporting $123M of fund assets on its funds' Form ADV filings.

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

Reported fund assets
$123M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
1
Investment team
5
Latest vintage
2018
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (1)Team (5)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

2 additional team members, 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. 1 company
    new in 12 months

    1 new company in the last 12 months. Latest round Aqua Medical Series B (led) on 24 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
  • A. Paul Bass
    Member
    Why: Named with investment responsibility
    No route on file yet
  • Cameron Ashley Newton
    Manager And Member
    Why: Named with investment responsibility
    No route on file yet
  • Dan Joseph Marcum
    Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

10 connected entities1 observed roundrounds 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

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 Relevance 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 Relevance Capital Management, LLC

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

Investing

1 company on record, 1 new in 12 months
Investments on record
1 company, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Aqua MedicalSeries B · Series BleadunknownunknownunknownSep 24, 2026Fact Press release
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
Sectors
enterprise software, healthcare, climate
Stages
series a
Geography
atlanta, denver, global, miami
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 b 100%
Stage at first entry
series b 100%
Sectors
unknown 100%
lead rate 100%follow-on rate 0%new companies, 12 months 1

Team

5 current, 0 departed
Decision makers
who to call first, and why; then everyone else by function
  • A. Paul Bass · Member
    Why this person: Named with investment responsibility
  • Cameron Ashley Newton · Manager And Member
    Why this person: Named with investment responsibility
  • Dan Joseph Marcum · Member
    Why this person: 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
5 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

3 vehicles, 0 LPs disclosed
Funds and vehicles
3 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Relevance Capital IV, LPFund2018 form d first saleHarvest$74.6M
Mar 27, 2026
99$50.6M
of $75.0M
Mar 28, 2024
RV II The Wellness Fund LPFundunknownUnknown$46.5M
Mar 27, 2026
20$0Mar 21, 2025
Beauty Generations Fund I LPFundunknownUnknown$1.6M
Mar 27, 2026
25unknownunknown
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

1 co-investors
Co-investors
1 counted from shared deals, for the whole firm
  • Nashville
    1 shared deal · one time · they led 1 · this firm led 1
    2026-09-24

Evidence and history

4 dated events, 57 observations from 3 sources
Timeline
4 dated events
  1. Mar 27, 2026
    RV II the Wellness Fund , LP first reported on Form ADV by Relevance Capital Management, LLC (Venture Capital Fund), GAV $46,522,500
    Fund first reported on Form ADVFundsInferenceRV II The Wellness Fund LPForm ADV
  2. Jun 7, 2023
    Relevance Capital Management, LLC first filed Form ADV (ERA)
    First SEC adviser filingOrganizationFactForm ADV
  3. Jun 7, 2023
    Beauty Generations Fund I LP first reported on Form ADV by Relevance Capital Management, LLC (Venture Capital Fund), GAV $7,041,582
    Fund first reported on Form ADVFundsFactBeauty Generations Fund I LPForm ADV
  4. Jun 7, 2023
    Relevance Capital IV, LP first reported on Form ADV by Relevance Capital Management, LLC (Venture Capital Fund), GAV $75,878,299
    Fund first reported on Form ADVFundsFactRelevance Capital IV, LPForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 27, 2026 · 3 private fundsShow
Headquarters
Brentwood, TNadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
relevanceventures.com
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Private fund adviseradviserinfo.sec.gov
Latest Form ADV
Mar 27, 2026
Private funds reported
3 (3 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$123Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $123M across 3 vehicles
  2. Sep 12, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $81M across 3 vehicles
  3. Sep 12, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $81M across 2 vehicles
Evidence
57 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedMar 27, 2026FactForm ADV
SEC exemption claimedPrivate fund adviserMar 27, 2026FactForm ADV
SEC exemption claimedPrivate fund adviserMar 28, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 27, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 27, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 28, 2024FactForm ADV
First Form ADV filing2023-06-07Mar 27, 2026FactForm ADV
First Form ADV filing2023-06-07Mar 28, 2024FactForm 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
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-27Mar 27, 2026FactForm ADV
Latest Form ADV filing2026-03-27Mar 27, 2026FactForm ADV
Latest Form ADV filing2024-03-28Mar 28, 2024FactForm ADV
SEC statusERA - ActiveMar 27, 2026FactForm ADV
SEC status effective2023-06-07Mar 27, 2026FactForm ADV
Venture share of reported funds1Mar 27, 2026FactForm ADV
Venture share of reported funds1Mar 28, 2024FactForm ADV
Business phoneMar 27, 2026FactForm ADV
Business phoneMar 28, 2024FactForm ADV
Contact page urlSep 16, 2026Factno URL
HeadquartersBrentwood, TNMar 27, 2026FactForm ADV
HeadquartersBrentwood, TNMar 28, 2024FactForm ADV
Office addressMar 27, 2026FactForm ADV
Office addressMar 28, 2024FactForm ADV
Self-described typeVenture capitalSep 16, 2026Factno URL
Self-described typeVenture capitalSep 14, 2026Factno URL
Legal formLimited Liability CompanyMar 27, 2026FactForm ADV
Legal formLimited Liability CompanyMar 28, 2024FactForm ADV
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 14, 2026Factno URL
Private funds reported3Mar 27, 2026FactForm ADV
Private funds reported3Mar 27, 2026FactForm ADV
Private funds reported2Mar 28, 2024FactForm ADV
Private fund gross assets (reported)$123MMar 27, 2026FactForm ADV
Private fund gross assets (reported)$123MMar 27, 2026FactForm ADV
Private fund gross assets (reported)$81.5MMar 28, 2024FactForm ADV
Schedule a diffsadiff-1Mar 27, 2026FactForm ADV
Stated geographyAtlanta, denver, global, miami
“geography words on the home page”
Sep 16, 2026Factno URL
Stated geographyAtlanta, denver, global, miami
“geography words on the home page”
Sep 14, 2026Factno URL
Stated sectorsEnterprise software, healthcare, climate
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsEnterprise software, healthcare, climate
“sector words on the home page”
Sep 14, 2026Factno URL
Stated stagesSeries a
“stage words on the home page”
Sep 16, 2026Factno URL
Stated stagesSeries a
“stage words on the home page”
Sep 14, 2026Factno URL
Venture funds reported3Mar 27, 2026FactForm ADV
Venture funds reported3Mar 27, 2026FactForm ADV
Venture funds reported2Mar 28, 2024FactForm ADV
WebsiteMar 27, 2026FactForm ADV
WebsiteMar 28, 2024FactForm ADV
Site titleSep 16, 2026Factno URL
Site titleSep 14, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, probableShow
Importance
21
moderate
Active deployment
4
low
Emerging
59
elevated
Freshness
100
high
Institutional venture firm · probableSEC exempt reporting adviser

Venture manager, reported GAV $123M across 3 vehicles

The inputs behind each score
importance
gav: $0 · funds: 0.25 · people: 0.4 · investments: 0 · co investors: 0
active deployment
investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: 2026-09-24
emerging manager
fund count: 3 · reported gav: $123M · first adv filing: 2023-06-07 · years since first filing: 3.3

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
    2023-06-07source 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.