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 / Avalon Ventures Management, LLC
Avalon Ventures Management, LLC
venture manager, reported GAV $421M across 8 vehicles
Importance
37
elevated
Active deployment
0
low
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
6
low
Identity and regulatory footprint
- Headquarters
- La Jolla, CAadviserinfo.sec.gov
- Office address
- 1134 KLINE STREET, La Jolla, CA, 92037adviserinfo.sec.gov
- Business phone
- 858-348-2180adviserinfo.sec.gov
- 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 24, 2026
- Private funds reported
- 8 (8 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $236Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- info@avalon-ventures.comavalon-ventures.compublished by the subject
- business email
- cambridge@avalon-ventures.comavalon-ventures.compublished by the subject
- business phone
- 858-348-2180adviserinfo.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
- seed, early
- 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
Pharmaceuticals 100%
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
8 reported, 3 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Avalon Bioventures Spv II, LP | SPV or co-invest vehicle | 2022 form d first sale | Active deployment | $21.3M Mar 27, 2024 | 9 | $21.0M of $21.0M | Nov 23, 2022 |
| Avalon Bioventures Spv I, LP | SPV or co-invest vehicle | 2021 form d first sale | Mature | $48.2M Mar 27, 2024 | 38 | $45.0M of $45.0M | Feb 24, 2021 |
| Avalon Ventures Xi, L.P. | Fund | 2015 form d first sale | Harvest | $137M Mar 27, 2024 | 28 | $117M of $300M | Sep 13, 2016 |
| Avalon Ventures X, LP | Fund | 2012 form d first sale | Harvest | $39.7M Mar 27, 2024 | 29 | $202M of $250M | Aug 30, 2012 |
| Avalon Ventures Ix, LP | Fund | 2010 form d first sale | Harvest | $73.6M Mar 27, 2024 | 24 | $118M of $200M | Jul 19, 2010 |
| Avalon Ventures Viii, LP | Fund | unknown | Unknown | $80.4M Mar 27, 2024 | 29 | unknown | unknown |
| Avalon Ventures VII, LP | Fund | unknown | Unknown | $18.8M Mar 27, 2024 | 29 | unknown | unknown |
| Avalon Ventures Ix-A, LP | Feeder or parallel | unknown | Unknown | $2.4M Mar 27, 2024 | 5 | unknown | unknown |
| Avalon X Spv I, LP | SPV or co-invest vehicle | 2019 adv first reported | Wound down | $0 Mar 29, 2022 | 4 | unknown | unknown |
| Avalon Ventures VI, LP | Fund | unknown | Wound down | $4.3M Jun 14, 2016 | 45 | unknown | unknown |
| Avalon Ventures VI GP Fund, LLC | Feeder or parallel | unknown | Wound down | $1.4M Jun 14, 2016 | 4 | 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
10 current, 0 departed
Braden Mack Bohrmann
General partnerMember Of Abv Spv I Gp, Llc (Relying Advisor) · since Feb 1, 2021
Douglas Downs
General partnerMember Of Avalon Ventures X Gp, Llc (Relying Adviser) · since Aug 1, 2012
JAY Lichter
General partnerMember Of Abv Spv Ii Gp, Llc (Relying Advisor) · since Nov 1, 2022
Kevin Patrick Kinsella
General partnerMember Of Abv Spv I Gp, Llc (Relying Advisor) · since Feb 1, 2021
KIM Deanda
General partnerMember Of Abv Spv Ii Gp, Llc (Relying Advisor) · since Nov 1, 2022
Richard William Levandov
General partnerMember Of Abv Spv I Gp, Llc (Relying Advisor) · since Feb 1, 2021
Sheila Gujrathi
General partnerMember Of Abv Spv I Gp, Llc (Relying Advisor) · since Feb 1, 2021
Stephen Elmendorf
General partnerMember Of Abv Spv Ii Gp, Llc (Relying Advisor) · since Nov 1, 2022
Stephen Tomlin
General partnerMember Of Abv Spv I Gp, Llc (Relying Advisor) · since Feb 1, 2021
Tighe Reardon
General partnerMember Of Abv Spv Ii Gp, Llc (Relying Advisor) · since Nov 1, 2022
Investments on record
1 edges, 1 companies, 1 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Enlaza Therapeutics, Inc. | board seat | unknown · board | JAY Lichter (strongly supported) | unknown | unknown | Aug 9, 2024 | Inference SEC EDGAR Form D data sets (quarterly) |
“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
1 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
19 dated events
- Mar 30, 2023Avalon X Spv I, LP no longer reported on Form ADV by Avalon Ventures Management, LLCFund no longer reportedFundsInferenceAvalon X Spv I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2023Avalon Bioventures Spv II, LP first reported on Form ADV by Avalon Ventures Management, LLC (Venture Capital Fund), GAV $21,322,177Fund first reported on Form ADVFundsFactAvalon Bioventures Spv II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Nov 1, 2022Stephen Elmendorf joined Schedule A of Avalon Ventures Management, LLC as Member Of Abv Spv Ii Gp, Llc (Relying Advisor)
- Nov 1, 2022KIM Deanda joined Schedule A of Avalon Ventures Management, LLC as Member Of Abv Spv Ii Gp, Llc (Relying Advisor)
- Mar 29, 2022Avalon Bioventures Spv I, LP first reported on Form ADV by Avalon Ventures Management, LLC (Venture Capital Fund), GAV $88,544,926Fund first reported on Form ADVFundsFactAvalon Bioventures Spv I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 1, 2021Sheila Gujrathi joined Schedule A of Avalon Ventures Management, LLC as Member Of Abv Spv I Gp, Llc (Relying Advisor)
- Mar 28, 2019Avalon X Spv I, LP first reported on Form ADV by Avalon Ventures Management, LLC (Venture Capital Fund), GAV $24,977,212Fund first reported on Form ADVFundsFactAvalon X Spv I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 21, 2017Avalon Ventures VI GP Fund, LLC no longer reported on Form ADV by Avalon Ventures Management, LLCFund no longer reportedFundsInferenceAvalon Ventures VI GP Fund, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 21, 2017Avalon Ventures VI, LP no longer reported on Form ADV by Avalon Ventures Management, LLCFund no longer reportedFundsInferenceAvalon Ventures VI, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 12, 2016Avalon Ventures Xi, L.P. first reported on Form ADV by Avalon Ventures Management, LLC (Venture Capital Fund), GAV $110,744,377Fund first reported on Form ADVFundsFactAvalon Ventures Xi, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 1, 2015Tighe Reardon joined Schedule A of Avalon Ventures Management, LLC as Chief Financial Officer Of Avalon Ventures Management, Llc (Filing Adviser)
- Mar 21, 2013Avalon Ventures X, LP first reported on Form ADV by Avalon Ventures Management, LLC (Venture Capital Fund), GAV $199,089,865Fund first reported on Form ADVFundsFactAvalon Ventures X, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2012Avalon Ventures VI, LP first reported on Form ADV by Avalon Ventures Management, LLC (Venture Capital Fund), GAV $10,664,365Fund first reported on Form ADVFundsFactAvalon Ventures VI, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2012Avalon Ventures Ix-A, LP first reported on Form ADV by Avalon Ventures Management, LLC (Venture Capital Fund), GAV $823,663Fund first reported on Form ADVFundsFactAvalon Ventures Ix-A, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2012Avalon Ventures VII, LP first reported on Form ADV by Avalon Ventures Management, LLC (Venture Capital Fund), GAV $47,750,858Fund first reported on Form ADVFundsFactAvalon Ventures VII, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2012Avalon Ventures Viii, LP first reported on Form ADV by Avalon Ventures Management, LLC (Venture Capital Fund), GAV $422,648,312Fund first reported on Form ADVFundsFactAvalon Ventures Viii, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2012Avalon Ventures Management, 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)
- Mar 27, 2012Avalon Ventures Ix, LP first reported on Form ADV by Avalon Ventures Management, LLC (Venture Capital Fund), GAV $199,017,585Fund first reported on Form ADVFundsFactAvalon Ventures Ix, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2012Avalon Ventures VI GP Fund, LLC first reported on Form ADV by Avalon Ventures Management, LLC (Venture Capital Fund), GAV $3,347,626Fund first reported on Form ADVFundsFactAvalon Ventures VI GP Fund, LLCSEC 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 (confirmed, 95%, cls-1)venture manager, reported GAV $421M across 8 vehicles
Evidence
49 observations from 3 sources