Factorial Funds Management LLC
Factorial makes concentrated technology investments. Curiosity compounds™.
In the firm's own words, from its website.
8 additional team members, 37 additional co-investors and affiliates, 40 additional investments, funds and LPs, 29 events, 8 verified contacts (4 professional url, 2 general firm email, 2 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
- 4 dealswith Sequoia Capital
Invests most often alongside Sequoia Capital (4 shared deals) and Alkeon Capital Management (4 shared deals).
pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.
People to know
View all people- Founding PartnerWhy: Founder of the firmProfile
- Sole Member / Founding PartnerWhy: Founder of the firmNo route on file yet
- PartnerWhy: Partner: part of the investment decisionProfile
Relationship network
96 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.
- 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 Factorial Funds 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 Factorial Funds Management LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
18 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 |
|---|---|---|---|---|---|---|---|
| Anduril | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
| Anthropic | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
| Ayar Labs | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- ai
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
12 current, 2 departed
Decision makers
- Sol Bier · Founding PartnerWhy this person: Founder of the firm; Named with investment responsibilityLinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
- Solomon Philip Bier · Sole Member / Founding PartnerWhy this person: Founder of the firm; Named with investment responsibility
- Peter Nelson · PartnerWhy this person: Partner: part of the investment decision; 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. 2 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.- Founding Partner
- Sole Member / Founding Partner
- Partner
Contacts
2 general firm email, 2 firm phone, 4 professional url on record, each with its source. Values open with the complete profile.
Funds and LPs
26 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 |
|---|---|---|---|---|---|---|---|
| FF Sx Opportunity VI - Factorial Funds I LLC | Opportunity fund | 2024 form d first sale | Early deployment | $21.1M Mar 31, 2026 | 2 | $1.8M of $1.8M | Jan 17, 2025 |
| Opportunity Fund - Factorial Funds I LLC | Opportunity fund · ADV: Private Equity Fund | 2022 form d first sale | Active deployment | $60.9M Mar 31, 2026 | 25 | $23.3M of $23.3M | Jan 17, 2025 |
| Factorial Funds I LLC | Fund | 2021 form d first sale | Mature | $15.1M Feb 13, 2024 | 48 | $4.8M of $4.8M | Jun 10, 2021 |
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
82 co-investors · on 4 other DFX graphs
Co-investors
- 2026-10-014 shared deals · strong
- 2026-09-304 shared deals · strong
- 2026-10-012 shared deals · recurring
Across DFX and the capital chainon 4 other DFX graphs ShowHide
- Sponsor-market profile (matched by same CRD)
- The same institution is held on Independent Sponsors, RIA and Wealth, Private Equity, Private Credit, matched by identifier. See which records
Factorial Funds Management LLC is the same institution as 4 records in Independent Sponsors, RIA and Wealth, Private Equity and Private Credit.
DFX found 4 relationships across 4 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
34 dated events, 58 observations from 4 sources
Timeline
- seen on or beforeSep 15, 2026Factorial Funds Management LLC: MICRO_VC -> MULTI_STAGE_VC (both early and growth/opportunity families, reported GAV $65M)Classification changedClassificationInference
- Mar 31, 2026DS, a Series of Factorial Funds I LLC first reported on Form ADV by Factorial Funds Management LLC (Venture Capital Fund), GAV $4,400,000
- Mar 31, 2026Opportunity Fund IV a Series of Factorial Funds I LLC first reported on Form ADV by Factorial Funds Management LLC (Venture Capital Fund), GAV $8,515,500Fund first reported on Form ADVFundsInferenceOpportunity Fund IV a Series of Factorial Funds I LLCForm ADV
- Mar 31, 2026Opportunity Fund II - Factorial Funds I LLC first reported on Form ADV by Factorial Funds Management LLC (Private Equity Fund), GAV $36,651,656
- Mar 31, 2026Factorial Oiii Athena LP first reported on Form ADV by Factorial Funds Management LLC (Venture Capital Fund), GAV $9,747,892
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 25 private fundsShowHide
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- factorialfunds.com
- SEC adviser type
- Registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 31, 2026
- Private funds reported
- 25 (20 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $1.3Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $967Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 6
Classification history
Classification history
Every classification this record has carried4 on recordShowHide
- Sep 30, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $1.3B
- Sep 23, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $1.3B
- Sep 15, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $65M
- Sep 12, 2026Micro VC (confirmed, 95%)Venture manager, reported GAV $39.7M across 2 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC funds reported | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Feb 13, 2024 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Feb 13, 2024 | Fact | Form ADV |
| First Form ADV filing | 2022-02-17 | Mar 31, 2026 | Fact | Form ADV |
| First Form ADV filing | 2022-02-17 | Feb 13, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-02-13 | Feb 13, 2024 | Fact | Form ADV |
| SEC status | Approved | Mar 31, 2026 | Fact | Form ADV |
| SEC status effective | 2025-08-07 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Feb 13, 2024 | Fact | Form ADV |
| Business phone | Mar 31, 2026 | Fact | Form ADV | |
| Business phone | Feb 13, 2024 | Fact | Form ADV | |
| Contact page url | Sep 30, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Sep 30, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 14, 2026 | Fact | ||
| Employees | 6 | Mar 31, 2026 | Fact | Form ADV |
| Headquarters | San Francisco, CA | Mar 31, 2026 | Fact | Form ADV |
| Headquarters | Dover, DE | Feb 13, 2024 | Fact | Form ADV |
| Office address | Mar 31, 2026 | Fact | Form ADV | |
| Office address | Feb 13, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Mar 31, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Feb 13, 2024 | Fact | Form ADV |
| PE funds reported | 5 | Mar 31, 2026 | Fact | Form ADV |
| Portfolio page | Sep 30, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 14, 2026 | Fact | ||
| Private funds reported | 25 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 25 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 5 | Feb 13, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.3B | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.3B | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $64.7M | Feb 13, 2024 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $967M | Mar 31, 2026 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 31, 2026 | Fact | Form ADV |
| Stated sectors | ai “sector words on the home page” | Sep 30, 2026 | Fact | |
| Stated sectors | ai “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | ai “sector words on the home page” | Sep 14, 2026 | Fact | |
| Team page | Sep 30, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 14, 2026 | Fact | ||
| Venture funds reported | 20 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 20 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 5 | Feb 13, 2024 | Fact | Form ADV |
| Website | Mar 31, 2026 | Fact | Form ADV | |
| Website | Feb 13, 2024 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 14, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShowHide
Both early and growth/opportunity families, reported GAV $1.3B
- importance
- gav: 0.64 · funds: 1 · people: 0.24 · investments: 0.47 · co investors: 0.77
- 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: 29 · reported gav: $1.3B · first adv filing: 2022-02-17 · years since first filing: 4.6
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Organization classification changed2026-09-15
- Adviser's first ADV filing2022-02-17source 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.