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 / Active Venture Partners, LLC
Active Venture Partners, LLC
Founder led capital for founder led companies. Pre-Seed Investing in AI-Native Business Software. We back technical founders building the future.
name or self-description says seed
Importance
20
moderate
Active deployment
33
moderate
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
11
low
Identity and regulatory footprint
- Headquarters
- San Antonio, TXadviserinfo.sec.gov
- Office address
- 110 E. HOUSTON STREET, 3RD FLOOR #205, San Antonio, TX, 78205adviserinfo.sec.gov
- Business phone
- 703.338.3600adviserinfo.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 30, 2026
- Private funds reported
- 6 (6 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $286Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- team@active.vcactive.vcpublished by the subject
- business phone
- 703.338.3600adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
- Sectors
- ai, enterprise software, data infrastructure
- Stages
- pre seed, seed, early
- Geography
- texas
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- seed
Observed (from deals on record)
Stage at participation
series b 100%
Stage at first entry
series b 100%
Sectors
unknown 50%Other Technology 50%
lead rate 0%follow-on rate 0%new logos, 12 months 2
Funds and vehicles
5 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Active Capital III, L.P. | Fund | 2024 form d first sale | Early deployment | unknown | unknown | $28.3M of $28.3M | Jun 17, 2025 |
| Active Capital Fund Extension, L.P. | Continuation vehicle | 2022 form d first sale | Active deployment | $20.6M Mar 22, 2024 | 65 | $11.1M of $25.0M | Feb 25, 2022 |
| Active Capital I, L.P. | Fund | 2017 form d first sale | Harvest | $39.2M Mar 22, 2024 | 72 | $21.4M of $21.4M | Jan 31, 2019 |
| Active Capital II, L.P. | Fund | unknown | Unknown | $38.7M Mar 22, 2024 | 84 | $0 of $25.0M | Jan 27, 2020 |
| Active Capital Sidecars, LLC | SPV or co-invest vehicle | unknown | Unknown | $16.7M Mar 22, 2024 | 99 | 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
1 current, 0 departed
Patrick Michael Matthews
Managing partnerManaging Member · since Jul 1, 2017
Investments on record
2 edges, 2 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Schematic, Inc. | Funding round | participant | unknown | $6.5M | unknown | Apr 22, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
| Slang AI | Series B · Series B | participant | unknown | $36.0M | unknown | Feb 24, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
“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
9 relationships from shared deals, counted for the whole firm
Nextview Ventures 1 shared · one timeMHS Capital 1 shared · one timeCrowdStrike 1 shared · one timeS3 Ventures 1 shared · one timeUS Venture Partners 1 shared · one time · they led 1Homebrew Ventures 1 shared · one timeCollide Capital 1 shared · one timeWing VC 1 shared · one timeStage 2 Capital Advisors 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
6 dated events
- Sep 15, 2026Active Venture Partners, LLC: INSTITUTIONAL_VC -> SEED_FUND_MANAGER (name or self-description says seed)Classification changedClassificationInferenceno URL
- Mar 22, 2024Active Venture Partners, 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 22, 2024Active Capital II, L.P. first reported on Form ADV by Active Venture Partners, LLC (Venture Capital Fund), GAV $38,736,513Fund first reported on Form ADVFundsFactActive Capital II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 22, 2024Active Capital Fund Extension, L.P. first reported on Form ADV by Active Venture Partners, LLC (Venture Capital Fund), GAV $20,642,299Fund first reported on Form ADVFundsFactActive Capital Fund Extension, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 22, 2024Active Capital Sidecars, LLC first reported on Form ADV by Active Venture Partners, LLC (Venture Capital Fund), GAV $16,742,518Fund first reported on Form ADVFundsFactActive Capital Sidecars, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 22, 2024Active Capital I, L.P. first reported on Form ADV by Active Venture Partners, LLC (Venture Capital Fund), GAV $39,227,845Fund first reported on Form ADVFundsFactActive Capital I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 15, 2026Seed fund manager (confirmed, 95%, cls-1)name or self-description says seed
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $115M across 5 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $115M across 4 vehicles
Evidence
43 observations from 3 sources