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 / Compound Advisors, LLC
Compound Advisors, LLC
Institutional venture firmNew York, NYcompound.vcSEC venture capital fund adviserfundraising evidence
Compound is a thesis-driven, research-centric investment firm
venture manager, reported GAV $502M across 10 vehicles
Importance
45
elevated
Active deployment
65
high
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
23
moderate
Identity and regulatory footprint
- Headquarters
- New York, NYadviserinfo.sec.gov
- Office address
- 414 BROADWAY, 7TH FLOOR, New York, NY, 10013adviserinfo.sec.gov
- Business phone
- 917-664-4297adviserinfo.sec.gov
- Website
- HTTP://COMPOUND.VC
- 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
- Jun 4, 2026
- Private funds reported
- 15 (15 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $732Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $732Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 7
- Owners on Schedule A
- EJ Solutions, LLC (Member Of Compound Advisor Ii, Llc), C
- business phone
- 917-664-4297adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
65 observed deals
Stated (the firm’s website)
- Sectors
- ai, deep tech, hardware, robotics, space, crypto, industrial
- Stages
- not stated or not yet read
- Geography
- new york
- 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 94%Other 3%Biotechnology 2%Other Technology 2%
lead rate n/afollow-on rate n/anew logos, 12 months 65
Funds and vehicles
10 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Compound Wv 1, a Series of Compound Funds, LLC | SPV or co-invest vehicle | 2022 form d first sale | Active deployment | $10.0M Mar 26, 2024 | 17 | $10.0M of $10.0M | Jan 19, 2022 |
| Compound Rw2, a Series of Compound Funds, LLC | SPV or co-invest vehicle | 2022 form d first sale | Active deployment | $1.7M Mar 26, 2024 | 11 | $1.8M of $1.8M | Dec 20, 2022 |
| Compound 2021, LP | Fund | 2021 name year | Mature | $69.5M Mar 26, 2024 | 66 | $0 of $55.0M | Jan 11, 2021 |
| Compound Rw I, a Series of Compound Funds, LLC | SPV or co-invest vehicle | 2021 form d first sale | Mature | $1.2M Mar 26, 2024 | 8 | $1.2M of $1.2M | Oct 25, 2021 |
| Compound III, LP | Fund | 2017 adv first reported | Harvest | $254M Mar 26, 2024 | 68 | unknown | unknown |
| Metamorphic Ventures Fd, LLC | Fund | 2015 form d first sale | Harvest | $7.5M Mar 26, 2024 | 28 | $10.0M of $10.0M | Nov 5, 2015 |
| Compound Ii-A, LP | Feeder or parallel | 2014 adv first reported | Harvest | $4.0M Mar 26, 2024 | 6 | unknown | unknown |
| Compound II, L.P. | Fund | 2012 form d first sale | Harvest | $127M Mar 26, 2024 | 133 | $64.9M of $64.9M | Mar 19, 2014 |
| Metamorphic Ventures, LLC | Fund | unknown | Unknown | $27.7M Mar 26, 2024 | 79 | unknown | unknown |
| Compound 2026, L.P. | Fund | unknown | Fundraising | unknown | unknown | $0 of $115M | Mar 11, 2026 |
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, 3 departed
Michael Dempsey
Board or advisoryMember Of Compound Advisor Ii, Llc · since Aug 1, 2021
David Louis Hirsch
PartnerMember, Manager · since Jun 1, 2008
Tara Eckert
Platform and operationsChief Financial Officer · since Jun 1, 2008
3 departed (kept with end dates)
- Lewis D. Gersh · Member, Manager · Jun 1, 2008 to Mar 31, 2014 Inference
- Marc Howard Michel · Manager · Jun 1, 2008 to Apr 1, 2015 Inference
- Michael Dempsey · Partner · Oct 1, 2020 to Mar 31, 2022 Inference
Investments on record
65 edges, 65 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
Union Square Ventures 5 shared · strongCNK Equity Partners I, LLC 3 shared · recurringCollab+currency Management, LLC 3 shared · recurringScribble Ventures Management, LLC 2 shared · recurringAmplify Partners 2 shared · recurringSouth Park Commons Management 2 shared · recurringMadrona Venture Group, LLC 2 shared · recurringHOF Capital 2 shared · recurringAccel 2 shared · recurringStandard Crypto Management LP 2 shared · recurringAIR Street Capital II LP 2 shared · recurringBAM Ventures 2 shared · recurringE14 Management, LLC 1 shared · one timeFamily Fund and Founder Community Management 1 shared · one timeStellaris Venture Partners 1 shared · one timeCentana Management, LLC 1 shared · one timeMenlo Ventures 1 shared · one timeGolden Ventures 1 shared · one timeRally Ventures Management, LLC 1 shared · one timeKDT Ventures 1 shared · one timeSynthesis Capital LLP 1 shared · one time6th Man Ventures, LLC 1 shared · one timeThe Venture Collective LLC 1 shared · one timeUpper90 1 shared · one timeHummingbird Ventures V US GP LLC 1 shared · one timeDCVC 1 shared · one timeUnless Management LP 1 shared · one timeAcequia Capital Management LLC 1 shared · one timeFelicis Ventures 1 shared · one timePropel Venture Partners Management Co. 1 shared · one timeArch Venture Partners 1 shared · one timeAlkeon Capital Management, LLC 1 shared · one timeFusion Fund Silicon Valley LLC 1 shared · one timeAcorn Pacific Ventures 1 shared · one timeDelphi Ventures General Partner LLC 1 shared · one timeAlleycorp Advisers, LLC 1 shared · one timeDbafc, L.L.C. 1 shared · one timeHaun Ventures Management LP 1 shared · one timeT2 Capital Management, LLC 1 shared · one timeNXP Management LLC 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
14 dated events
- Mar 30, 2023Compound Rw2, a Series of Compound Funds, LLC first reported on Form ADV by Compound Advisor, LLC (Venture Capital Fund), GAV $1,749,996Fund first reported on Form ADVFundsFactCompound Rw2, a Series of Compound Funds, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022Michael Dempsey (Partner) no longer on Schedule A of Compound Advisor, LLC
- Mar 31, 2022Compound Wv 1, a Series of Compound Funds, LLC first reported on Form ADV by Compound Advisor, LLC (Venture Capital Fund), GAV $10,000,000Fund first reported on Form ADVFundsFactCompound Wv 1, a Series of Compound Funds, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022Metamorphic Ventures Fd, LLC first reported on Form ADV by Compound Advisor, LLC (Venture Capital Fund), GAV $18,647,854Fund first reported on Form ADVFundsFactMetamorphic Ventures Fd, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022Compound Rw I, a Series of Compound Funds, LLC first reported on Form ADV by Compound Advisor, LLC (Venture Capital Fund), GAV $1,198,368Fund first reported on Form ADVFundsFactCompound Rw I, a Series of Compound Funds, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022Compound 2021, LP first reported on Form ADV by Compound Advisor, LLC (Venture Capital Fund), GAV $57,916,708Fund first reported on Form ADVFundsFactCompound 2021, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Aug 1, 2021Michael Dempsey joined Schedule A of Compound Advisors, LLC as Member Of Compound Advisor Ii, Llc
- Nov 28, 2017Compound III, LP first reported on Form ADV by Metamorphic Ventures (Venture Capital Fund), GAV $47,643,182Fund first reported on Form ADVFundsFactCompound III, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 1, 2015Marc Howard Michel (Manager) no longer on Schedule A of Metamorphic Ventures
- Mar 31, 2014Lewis D. Gersh (Member, Manager) no longer on Schedule A of Metamorphic Ventures
- Mar 31, 2014Metamorphic Ventures Ii-A, LP first reported on Form ADV by Metamorphic Ventures (Venture Capital Fund), GAV $1,928,934Fund first reported on Form ADVFundsFactCompound Ii-A, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Oct 2, 2012Metamorphic Ventures II, L.P. first reported on Form ADV by Metamorphic Ventures (Venture Capital Fund), GAV $17,305,000Fund first reported on Form ADVFundsFactCompound II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Oct 2, 2012Metamorphic Ventures, LLC first reported on Form ADV by Metamorphic Ventures (Venture Capital Fund), GAV $28,058,031Fund first reported on Form ADVFundsFactMetamorphic Ventures, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Oct 2, 2012Metamorphic Ventures 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)
Classification history
- Sep 15, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $502M across 10 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $371M across 8 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $371M across 7 vehicles
Evidence
51 observations from 3 sources