Gratitude Railroad
We are a community-driven impact investment firm championing innovative ideas to advance planetary health and social well-being.
In the firm's own words, from its website.
10 additional team members, 62 additional investments, funds and LPs, 64 events, 8 verified contacts (7 professional url, 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 departurepeople, 12 months
A team member departed (seen on or before 16 Sep 2026, the day it happened is not on record).
A partner leaving or arriving changes who decides, and who a founder or LP should call.
InferenceVenture organization websites (about, team, portfolio, thesis, news pages)For Founders, LPs, recruitersTeam →
People to know
View all people- Managing PartnerWhy: Managing partner: runs the firmNo route on file yet
- Managing PartnerWhy: Managing partner: runs the firmNo route on file yet
- Investment Committee MemberWhy: Named with investment responsibilityProfile
Relationship network
81 connected entities
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.
- 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 Gratitude Railroad: 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 Gratitude Railroad
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
3 companies on record, 0 new in 12 months
Investments on record
What these amounts mean“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.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Intersectional Innovations | portfolio listing | unknown | unknown | unknown | unknown | Sep 14, 2026 | Fact Firm website |
| Planetary Health | portfolio listing | unknown | unknown | unknown | unknown | Sep 14, 2026 | Fact Firm website |
| Social Wellbeing | portfolio listing | unknown | unknown | unknown | unknown | Sep 14, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- not stated or not yet read
- Stages
- growth
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
13 current, 2 departed
Decision makers
- Rebekah Saul Butler · Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibility
- Thomas Knowles · Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibility
- Jane Su · Investment Committee MemberWhy this person: Named with investment responsibilityLinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
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. 1 with a route on file. 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
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Managing Partner
- Managing Partner
- Investment Committee Member
1 departed (kept with end dates)
- Tom Kuo · Portfolio · ? to Sep 16, 2026 Inference
Contacts
1 firm phone, 7 professional url on record, each with its source. Values open with the complete profile.
Funds and LPs
64 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV 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.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Smartlam Membership Shares; Series - Gratitude Railroad Ventures, LLC | Fund | 2024 adv first reported | Early deployment | $1.5M Mar 29, 2024 | 16 | unknown | unknown |
| Mango Materials Series A-1; Series - Gratitude Railroad Ventures, LLC | Fund | 2024 adv first reported | Early deployment | $1.3M Mar 29, 2024 | 11 | unknown | unknown |
| Misfits - Common & Ser C1-3; Series - Gratitude Railroad Ventures, LLC | Fund | 2024 adv first reported | Early deployment | $1.2M Mar 29, 2024 | 11 | unknown | unknown |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.Relationships across DFX
0 co-investors · on 2 other DFX graphs
Co-investors
Across DFX and the capital chainon 2 other DFX graphs ShowHide
- The same institution is held on RIA and Wealth, Private Credit, matched by identifier. See which records
Gratitude Railroad is the same institution as 2 records in RIA and Wealth and Private Credit.
DFX found 2 relationships across 2 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
69 dated events, 33 observations from 2 sources
Timeline
- seen on or beforeSep 16, 2026Tom Kuo (Portfolio) no longer on the team page of Gratitude Railroad
- Mar 29, 2024Hello Therma - Series Seed 2; Series - Gratitude Railroad Ventures, LLC first reported on Form ADV by Gratitude Railroad (Venture Capital Fund), GAV $545,198Fund first reported on Form ADVFundsFactHello Therma - Series Seed 2; Series - Gratitude Railroad Ventures, LLCForm ADV
- Mar 29, 2024Stom Sensor; Series - Gratitude Railroad Ventures, LLC first reported on Form ADV by Gratitude Railroad (Venture Capital Fund)Fund first reported on Form ADVFundsFactStom Sensor; Series - Gratitude Railroad Ventures, LLCForm ADV
- Mar 29, 2024Hello Therma - Series A-2; Series - Gratitude Railroad Ventures, LLC first reported on Form ADV by Gratitude Railroad (Venture Capital Fund), GAV $93,750Fund first reported on Form ADVFundsFactHello Therma - Series A-2; Series - Gratitude Railroad Ventures, LLCForm ADV
- Mar 29, 2024Solstice Bridge (2021); Series - Gratitude Railroad Ventures, LLC first reported on Form ADV by Gratitude Railroad (Venture Capital Fund)Fund first reported on Form ADVFundsFactSolstice Bridge (2021); Series - Gratitude Railroad Ventures, LLCForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 29, 2024 · 64 private fundsShowHide
- Headquarters
- Park City, UTadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- gratituderailroad.com
- SEC adviser type
- Exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 29, 2024
- Private funds reported
- 64 (64 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $29.6Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Classification history
Every classification this record has carried1 on recordShowHide
- Sep 12, 2026Micro VC (probable, 80%)Venture manager, reported GAV $29.6M across 64 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| SEC adviser type | Exempt reporting adviser | Mar 29, 2024 | Fact | Form ADV |
| First Form ADV filing | 2023-04-03 | Mar 29, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-29 | Mar 29, 2024 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 29, 2024 | Fact | Form ADV |
| Business phone | Mar 29, 2024 | Fact | Form ADV | |
| Description | Oct 1, 2026 | Fact | Firm website | |
| Description | Sep 16, 2026 | Fact | Firm website | |
| Description | Sep 14, 2026 | Fact | ||
| Headquarters | Park City, UT | Mar 29, 2024 | Fact | Form ADV |
| Office address | Mar 29, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Mar 29, 2024 | Fact | Form ADV |
| Portfolio page | Oct 1, 2026 | Fact | Firm website | |
| Portfolio page | Sep 16, 2026 | Fact | Firm website | |
| Portfolio page | Sep 14, 2026 | Fact | ||
| Private funds reported | 64 | Mar 29, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $29.6M | Mar 29, 2024 | Fact | Form ADV |
| Stated stages | growth “stage words on the home page” | Oct 1, 2026 | Fact | Firm website |
| Stated stages | growth “stage words on the home page” | Sep 16, 2026 | Fact | Firm website |
| Stated stages | growth “stage words on the home page” | Sep 14, 2026 | Fact | |
| Team page | Oct 1, 2026 | Fact | Firm website | |
| Team page | Sep 16, 2026 | Fact | Firm website | |
| Team page | Sep 14, 2026 | Fact | ||
| Venture funds reported | 64 | Mar 29, 2024 | Fact | Form ADV |
| Website | Mar 29, 2024 | Fact | Form ADV | |
| Website resolved domain | gratitudeventures.com | Oct 1, 2026 | Fact | Firm website |
| Website resolved domain | gratitudeventures.com | Sep 16, 2026 | Fact | Firm website |
| Site title | Oct 1, 2026 | Fact | Firm website | |
| Site title | Sep 16, 2026 | Fact | Firm website | |
| Site title | Sep 14, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersMicro VC, probableShowHide
Venture manager, reported GAV $29.6M across 64 vehicles
- importance
- gav: 0.14 · funds: 1 · people: 0.36 · investments: 0.18 · co investors: 0
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
- emerging manager
- fund count: 65 · reported gav: $29.6M · first adv filing: 2023-04-03 · years since first filing: 3.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Adviser's first ADV filing2023-04-03source 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.