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 / Foundersx Ventures, LLC
Foundersx Ventures, LLC
Shaping the Future Together with Daring Founders
both early and growth/opportunity families, reported GAV $250M
Importance
36
elevated
Active deployment
30
moderate
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
13
low
Identity and regulatory footprint
- Headquarters
- Menlo Park, CAadviserinfo.sec.gov
- Office address
- 3000 SAND HILL RD, SUITE 2-150, Menlo Park, CA, 94025-7143adviserinfo.sec.gov
- Business phone
- 650-847-8889adviserinfo.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
- May 1, 2026
- Private funds reported
- 5 (5 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $250Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 650-847-8889adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
18 observed deals
Stated (the firm’s website)
- Sectors
- ai, enterprise software, fintech, healthcare, hardware, robotics, space, media, quantum
- Stages
- early
- Geography
- silicon valley
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 18
Funds and vehicles
5 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Foundersx Growth a, LP | Growth fund | unknown | Unknown | $100M Sep 12, 2026 | 12 | unknown | unknown |
| Foundersx Growth B, LP | Growth fund | unknown | Unknown | $50.0M Sep 12, 2026 | 10 | unknown | unknown |
| Foundersx Fund a, LP | Fund | unknown | Unknown | $50.0M Sep 12, 2026 | 10 | unknown | unknown |
| Foundersx Growth C, LP | Growth fund | unknown | Unknown | $30.0M Sep 12, 2026 | 10 | unknown | unknown |
| FoundersX Growth D, L.P. | Growth fund | unknown | Unknown | $20.0M Sep 12, 2026 | 10 | $0 of $50.0M | Apr 23, 2024 |
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
Devin Lai
AssociateInvestment Associate
Irene Tsen
AssociateInvestment Associate
Leo Cui
General partnerGeneral Partner
Sizi Chen
General partnerGeneral Partner
Helen Haiyan Liang
Managing partnerFounder & Managing Partner · since Feb 1, 2016
Helen Liang
Managing partnerManaging Partner
Yicong Li
OtherPortfolio
Tom Kosnik
PartnerPartner
Tor Parawell
PartnerPartner
Investments on record
18 edges, 18 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
23 relationships from shared deals, counted for the whole firm
Civilization Ventures Management, LLC 2 shared · recurringSpider Capital 1 shared · one timeOpulentia Ventures M LLC 1 shared · one timeCadenza 1 shared · one timeCenter15 Capital LLC 1 shared · one timeSpace Angels 1 shared · one timeTranslink Capital 1 shared · one time137 Ventures Management, LLC 1 shared · one timeAurelia Foundry Management Company, LLC 1 shared · one timeThe Venture Collective LLC 1 shared · one timeHummingbird Ventures V US GP LLC 1 shared · one timeCervin Ventures Management, LLC 1 shared · one timeAdit Ventures Management, LLC 1 shared · one timeToloka LLC 1 shared · one timeSterling Road 1 shared · one timeAIM Master I (bvi) Ltd. 1 shared · one timeHOF Capital 1 shared · one timeG Squared Equity LLC 1 shared · one timeHuman Capital 1 shared · one timeRadical Ventures 1 shared · one timeWestern Technology Investment (wti) 1 shared · one timeHoxton Ventures 1 shared · one timeVillage Global Management, L.L.C. 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
5 dated events
- Sep 12, 2026Foundersx Growth C, LP first reported on Form ADV by Foundersx Ventures, LLC, GAV $30,000,000Fund first reported on Form ADVFundsFactFoundersx Growth C, LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Foundersx Growth B, LP first reported on Form ADV by Foundersx Ventures, LLC, GAV $50,000,000Fund first reported on Form ADVFundsFactFoundersx Growth B, LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Foundersx Growth a, LP first reported on Form ADV by Foundersx Ventures, LLC, GAV $100,000,000Fund first reported on Form ADVFundsFactFoundersx Growth a, LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Foundersx Fund a, LP first reported on Form ADV by Foundersx Ventures, LLC, GAV $50,000,000Fund first reported on Form ADVFundsFactFoundersx Fund a, LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Feb 27, 2025Foundersx Ventures, LLC appears on the SEC adviser roster (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Classification history
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%, cls-1)both early and growth/opportunity families, reported GAV $250M
Evidence
31 observations from 3 sources