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 / Offline Ventures, LLC
Offline Ventures, LLC
A venture fund and studio for founders who seek to build differently. We back and build from experience, not ego.
venture manager, reported GAV $211M across 4 vehicles
Importance
21
moderate
Active deployment
29
moderate
Emerging
0
low
Completeness
63
high
Freshness
100
high
Research priority
11
low
Identity and regulatory footprint
- Headquarters
- Mill Valley, CAadviserinfo.sec.gov
- Office address
- 153 MILLER AVENUE, Mill Valley, CA, 94941adviserinfo.sec.gov
- Business phone
- 415-806-5000adviserinfo.sec.gov
- Website
- https://offline.vc/
- 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
- Mar 23, 2026
- Private funds reported
- 4 (4 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $287Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 415-806-5000adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation
pre seed 100%
Stage at first entry
pre seed 100%
Sectors
unknown 100%
lead rate 0%follow-on rate 0%new logos, 12 months 1
Funds and vehicles
4 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Offline Ventures II, L.P. | Fund | 2024 adv first reported | Early deployment | $34.3M Mar 26, 2024 | 245 | $0 of $100M | Jun 23, 2023 |
| Offline Ventures SPV I, L.P. | SPV or co-invest vehicle | 2024 form d first sale | Newly closed | unknown | unknown | $4.2M of $4.2M | Nov 7, 2024 |
| Offline Ventures, L.P. | Fund | 2020 form d first sale | Mature | $119M Mar 26, 2024 | 70 | $100M of $100M | Mar 21, 2022 |
| Offline Adventures, L.P. | Fund | unknown | Unknown | $57.5M Mar 26, 2024 | 201 | $0 of $75.0M | Dec 29, 2021 |
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
4 current, 1 departed
Brittany Morin
PartnerManager · since Feb 1, 2020
David Morin
PartnerManager · since Feb 1, 2020
James Higa
PartnerManager · since Feb 1, 2020
Nate Bosshard
PartnerManager · since Feb 1, 2020
1 departed (kept with end dates)
- Ryan Gregory Davis · Chief Financial Officer · Oct 1, 2022 to Mar 26, 2024 Inference
Investments on record
1 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Diffraqtion | Pre-Seed · Pre-seed | participant | unknown | unknown | unknown | Jan 13, 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
6 dated events
- Mar 26, 2024Offline Ventures II, L.P. first reported on Form ADV by Offline Ventures, LLC (Venture Capital Fund), GAV $34,302,688Fund first reported on Form ADVFundsFactOffline Ventures II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 26, 2024Ryan Gregory Davis (Chief Financial Officer) no longer on Schedule A of Offline Ventures, LLC
- Dec 22, 2022Offline Ventures, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Dec 22, 2022Offline Ventures, L.P. first reported on Form ADV by Offline Ventures, LLC (Venture Capital Fund), GAV $104,816,876Fund first reported on Form ADVFundsFactOffline Ventures, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Dec 22, 2022Offline Adventures, L.P. first reported on Form ADV by Offline Ventures, LLC (Venture Capital Fund), GAV $59,963,446Fund first reported on Form ADVFundsFactOffline Adventures, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Oct 1, 2022Ryan Gregory Davis joined Schedule A of Offline Ventures, LLC as Chief Financial Officer
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $211M across 4 vehicles
Evidence
40 observations from 3 sources