Narya Capital Management, LLC
Institutional venture firm, based in Columbus, Ohio, reporting $333M of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
1 event, 1 verified contact (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.
Nothing material in the last 180 days. Last change: 8 Jan 2026, 2 new companies in the last 12 months. Latest round $85 Million round ($85M round) on 8 Jan 2026.
People to know
View all people- PartnerWhy: Partner: part of the investment decisionNo route on file yet
- Managing DirectorWhy: Managing directorNo route on file yet
Relationship network
10 connected entities3 observed roundsrounds 2023 to 2026
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.
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 Narya Capital 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 Narya Capital Management, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
3 companies on record, 2 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 |
|---|---|---|---|---|---|---|---|
| $85 Million | Funding round | participant | unknown | $85.0M | unknown | Jan 8, 2026 | Fact Press release |
| Peptilogics | Funding round | participant | unknown | $78.0M | unknown | Oct 16, 2025 | Fact Press release |
| Geo Land Solutions, Inc. | Form D equity offering | unknown · board | Colin H Greenspon (strongly supported) | $6.3M form d sold | unknown | Dec 13, 2023 | Inference Form D |
Stated thesis versus observed behaviour
- Sectors
- biotech, space, defense, industrial
- Stages
- early
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Team
2 current, 2 departed
Decision makers
- Falon Nicole Donohue · PartnerWhy this person: Partner: part of the investment decision; Named with investment responsibility
- Colin H Greenspon · Managing DirectorWhy this person: Managing director; Named with investment responsibility
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. 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 Director · 1 deal attributed
- Partner
2 departed (kept with end dates)
- Ethan Cole Fallang · Partner · Dec 1, 2019 to Mar 29, 2024 Inference
- James David Vance · Managing Director · Jun 1, 2019 to Mar 31, 2023 Inference
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
3 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 |
|---|---|---|---|---|---|---|---|
| Narya Capital Fund II, L.P. | Fund | 2023 adv first reported | Active deployment | $110M Mar 31, 2026 | 74 | $0 of $125M | Nov 9, 2022 |
| Narya Capital Fund I, L.P. | Fund | 2019 form d first sale | Mature | $223M Mar 31, 2026 | 60 | $93.0M of $125M | Jan 8, 2020 |
| Narya Capital Fund III, L.P. | Fund | unknown | Fundraising | unknown | unknown | $0 of $200M | Sep 29, 2026 |
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.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Dhanam Foundation | FOUNDATION | Narya Capital Fund I, L.P. | $2.0M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
Relationships across DFX
2 co-investors · on 2 other DFX graphs
Co-investors
- 2026-01-081 shared deal · one time
- 2026-01-081 shared deal · one time · they led 1
Across DFX and the capital chainon 2 other DFX graphs · 1 capital path ShowHide
- The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Narya Capital Management, LLC is the same institution as 2 records in Allocators and RIA and Wealth.
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…
Narya Capital Management, LLC sits on 1 traced path of capital across the graphs.
DFX traced 1 path of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Evidence and history
6 dated events, 58 observations from 3 sources
Timeline
- Sep 29, 2026Narya Capital Management, LLC filed the first Form D for Narya Capital Fund III, L.P. (fund 3), its next fund after Narya Capital Fund II, L.P. (vintage 2022); offering $200.0M
- Mar 29, 2024Ethan Cole Fallang (Partner) no longer on Schedule A of Narya Capital Management, LLC
- Mar 31, 2023Narya Capital Fund II, L.P. first reported on Form ADV by Narya Capital Management, LLC (Venture Capital Fund), GAV $46,340,000
- Mar 31, 2023James David Vance (Managing Director) no longer on Schedule A of Narya Capital Management, LLC
- Feb 24, 2020Narya Capital Management, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 2 private fundsShowHide
- Headquarters
- Columbus, OHadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- naryavc.com
- 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 31, 2026
- Private funds reported
- 2 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $333Madviserinfo.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 carried3 on recordShowHide
- Sep 30, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $333M across 3 vehicles
- Sep 23, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $333M across 2 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $185M across 2 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 29, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 29, 2024 | Fact | Form ADV |
| First Form ADV filing | 2020-02-24 | Mar 31, 2026 | Fact | Form ADV |
| First Form ADV filing | 2020-02-24 | Mar 29, 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 | 2024-03-29 | Mar 29, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 31, 2026 | Fact | Form ADV |
| SEC status effective | 2020-02-24 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 29, 2024 | Fact | Form ADV |
| Business phone | Mar 31, 2026 | Fact | Form ADV | |
| Business phone | Mar 29, 2024 | Fact | Form ADV | |
| Headquarters | Columbus, OH | Mar 31, 2026 | Fact | Form ADV |
| Headquarters | Columbus, OH | Mar 29, 2024 | Fact | Form ADV |
| Office address | Mar 31, 2026 | Fact | Form ADV | |
| Office address | Mar 29, 2024 | Fact | Form ADV | |
| Self-described type | Venture capital | Sep 16, 2026 | Fact | |
| Self-described type | Venture capital | Sep 14, 2026 | Fact | |
| Legal form | Limited Liability Company | Mar 31, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 29, 2024 | Fact | Form ADV |
| Private funds reported | 2 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 2 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 2 | Mar 29, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $333M | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $333M | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $185M | Mar 29, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 31, 2026 | Fact | Form ADV |
| Stated sectors | Biotech, space, defense, industrial “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | Biotech, space, defense, industrial “sector words on the home page” | Sep 14, 2026 | Fact | |
| Stated stages | early “stage words on the home page” | Sep 16, 2026 | Fact | |
| Stated stages | early “stage words on the home page” | Sep 14, 2026 | Fact | |
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 14, 2026 | Fact | ||
| Venture funds reported | 2 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 2 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 2 | Mar 29, 2024 | Fact | Form ADV |
| Website | Mar 31, 2026 | Fact | Form ADV | |
| Website | Mar 29, 2024 | Fact | Form ADV | |
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 14, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShowHide
Venture manager, reported GAV $333M across 3 vehicles
- importance
- gav: 0.46 · funds: 0.25 · people: 0.16 · investments: 0.18 · co investors: 0.12
- active deployment
- investments 12m: 0.25 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-01-08
- emerging manager
- fund count: 3 · reported gav: $333M · first adv filing: 2020-02-24 · years since first filing: 6.6
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Merged in2026-09-14
- Merged in2026-09-14
- Adviser's first ADV filing2020-02-24source 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.