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 / Corazon Group LLC
Corazon Group LLC
Welcome to Corazon Capital. A venture capital firm with heart.
venture manager, reported GAV $258M across 6 vehicles
Importance
38
elevated
Active deployment
30
moderate
Emerging
0
low
Completeness
50
elevated
Freshness
100
high
Research priority
17
moderate
Identity and regulatory footprint
- Headquarters
- Chicago, ILadviserinfo.sec.gov
- Office address
- 350 N. ORLEANS ST, SUITE 9000N, Chicago, IL, 60654adviserinfo.sec.gov
- Business phone
- 312-952-1654adviserinfo.sec.gov
- Website
- HTTP://CORAZON.COM/
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 24, 2026
- Private funds reported
- 6 (4 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $331Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $331Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 14
- Owners on Schedule A
- Steven M Farsht Revocable Trust Dated 5/17/2002 (Member), D; SAM Droste Yagan Revocable Trust Uad 12/13/2011 (Member), D
- business email
- info@corazon.comcorazon.compublished by the subject
- business phone
- 312-952-1654adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
97 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: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 88%Other Technology 8%Other 4%
lead rate n/afollow-on rate n/anew logos, 12 months 97
Funds and vehicles
6 reported, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Corazon Capital III LP | Fund | 2021 form d first sale | Mature | $105M Mar 27, 2024 | 85 | $101M of $101M | Dec 8, 2021 |
| Corazon Matchbox LP | Fund | 2021 form d first sale | Mature | $33.0M Mar 27, 2024 | 85 | $33.6M of $33.6M | Dec 8, 2021 |
| Raft Smash II | Fund · ADV: Other Private Fund | 2021 form d first sale | Mature | $4.9M Mar 27, 2024 | 13 | $5.1M of $5.1M | Dec 23, 2021 |
| Corazon Capital II Alpha Centauri VI LP | Fund | 2018 form d first sale | Harvest | $39.5M Mar 27, 2024 | 51 | $13.0M of $13.0M | Jan 26, 2018 |
| Raft Smash LP | Fund · ADV: Other Private Fund | 2018 adv first reported | Harvest | $6.0M Mar 27, 2024 | 8 | $0 of $10.0M | Nov 17, 2017 |
| Corazon Capital II LP | Fund | 2016 form d first sale | Harvest | $69.3M Mar 27, 2024 | 44 | $37.0M of $39.9M | Oct 5, 2016 |
| Corazon Capital II Alpha Centauri I LP | Fund | 2019 adv first reported | Wound down | $0 Mar 24, 2020 | 0 | 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
3 current, 0 departed
SAM Yagan
Board or advisoryTrustee · since Dec 1, 2011
Steven Matthew Farsht
Board or advisoryTrustee · since May 1, 2002
Tendai Brais
Platform and operationsChief Compliance Officer · since Sep 1, 2021
Investments on record
97 edges, 97 companies, 0 partner-attributed
“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
40 relationships from shared deals, counted for the whole firm
Hyde Park Angels, Inc. 4 shared · strongScribble Ventures Management, LLC 2 shared · recurringLeadout Capital Management, LLC 2 shared · recurringAlleycorp Advisers, LLC 2 shared · recurringFFF Management Co. LLC 1 shared · one timeAfore Capital Management, LLC 1 shared · one timeUnusual Ventures 1 shared · one timeVariant 1 shared · one timeSpider Capital 1 shared · one timeBullpen Management, LLC 1 shared · one timeCadenza 1 shared · one timeCadron Capital Partners Fund Manager LLC 1 shared · one timeMatrix 1 shared · one timemark vc 1 shared · one timeHyperplane Venture Capital 1 shared · one timeAI 1 shared · one timeSparkLabs 1 shared · one timeFloodgate 1 shared · one timeMV Advisers LLP 1 shared · one timeSeedcamp Investment Management LLP 1 shared · one timeQED Investors, LLC 1 shared · one timeMenlo Ventures 1 shared · one timeBAM Ventures 1 shared · one timeRosecliff Venture Management, LLC 1 shared · one timeRally Ventures Management, LLC 1 shared · one timeFirstmark Capital, LLC 1 shared · one timeOval Park Capital LLC 1 shared · one timeGutter Capital Management LLC 1 shared · one timeParade Ventures Management, LLC 1 shared · one timeRegalis Solutions LLC 1 shared · one timeValor Equity Partners 1 shared · one timeOCA Ventures, LLC 1 shared · one timeDCVC 1 shared · one timeAcequia Capital Management LLC 1 shared · one timeOSS Capital, LLC 1 shared · one timeFelicis Ventures 1 shared · one timeVenrex Investment Management LLP 1 shared · one timeCPH Advisors, L.P. 1 shared · one timeCoatue Management, L.L.C. 1 shared · one timeLumia Capital 1 shared · one time
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
12 dated events
- Sep 16, 2026Lightyear.io no longer listed on Corazon Group LLC's portfolio pageRemoved from portfolio pagePortfolioInferenceLightyear.ioVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Pagerduty no longer listed on Corazon Group LLC's portfolio pageRemoved from portfolio pagePortfolioInferencePagerdutyVenture organization websites (about, team, portfolio, thesis, news pages)
- Mar 31, 2022Corazon Matchbox LP first reported on Form ADV by Corazon Group LLC (Venture Capital Fund), GAV $33,643,750Fund first reported on Form ADVFundsFactCorazon Matchbox LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022Raft Smash II first reported on Form ADV by Corazon Group LLC (Venture Capital Fund), GAV $5,100,000Fund first reported on Form ADVFundsFactRaft Smash IISEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022Corazon Capital III LP first reported on Form ADV by Corazon Group LLC (Venture Capital Fund), GAV $100,931,250Fund first reported on Form ADVFundsFactCorazon Capital III LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 1, 2021Tendai Brais joined Schedule A of Corazon Group LLC as Chief Compliance Officer
- Apr 30, 2021Corazon Capital II Alpha Centauri I LP no longer reported on Form ADV by Corazon Group LLCFund no longer reportedFundsInferenceCorazon Capital II Alpha Centauri I LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 26, 2019Corazon Capital II Alpha Centauri I LP first reported on Form ADV by Corazon Group LLC (Venture Capital Fund), GAV $20,956,224Fund first reported on Form ADVFundsFactCorazon Capital II Alpha Centauri I LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 26, 2019Corazon Capital II Alpha Centauri VI LP first reported on Form ADV by Corazon Group LLC (Venture Capital Fund), GAV $12,081,205Fund first reported on Form ADVFundsFactCorazon Capital II Alpha Centauri VI LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 10, 2018Raft Smash LP first reported on Form ADV by Corazon Group LLC (Other Private Fund), GAV $7,375,000Fund first reported on Form ADVFundsFactRaft Smash LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Nov 8, 2016Corazon Group 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)
- Nov 8, 2016Corazon Capital II LP first reported on Form ADV by Corazon Group LLC (Venture Capital Fund)Fund first reported on Form ADVFundsFactCorazon Capital II LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (probable, 80%, cls-1)venture manager, reported GAV $258M across 6 vehicles
Evidence
54 observations from 3 sources