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 / Adams Capital Management, Inc.
Adams Capital Management, Inc.
venture manager, reported GAV $182M across 2 vehicles
Importance
19
moderate
Active deployment
0
low
Emerging
0
low
Completeness
56
elevated
Freshness
100
high
Research priority
4
low
Identity and regulatory footprint
- Headquarters
- Sewickley, PAadviserinfo.sec.gov
- Office address
- 500 BLACKBURN AVENUE, Sewickley, PA, 15143adviserinfo.sec.gov
- Business phone
- 412-749-9454adviserinfo.sec.gov
- Website
- HTTP://WWW.ACM.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 24, 2026
- Private funds reported
- 2 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $194Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 412-749-9454adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- series a, early
- Geography
- pittsburgh
- 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: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
2 reported, 2 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Adams Capital Management IV, L.P. | Feeder or parallel | unknown | Unknown | $181M Mar 27, 2024 | 40 | unknown | unknown |
| Adams Capital Management, L.P. | Feeder or parallel | unknown | Unknown | $1.2M Mar 27, 2024 | 36 | unknown | unknown |
| Adams Capital Management II, L.P. | Feeder or parallel | unknown | Wound down | $2.1M Mar 13, 2015 | 67 | unknown | unknown |
| Adams Capital Management III, L.P. | Feeder or parallel | unknown | Wound down | $1.9M Mar 29, 2023 | 85 | 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
3 current, 2 departed
Joel Peter Adams
Managing partnerPresident And Managing General Partner · since Dec 1, 1994
Andrea Lynn Stephenson
Platform and operationsTreasurer · since Dec 1, 1994
Jennifer Elisabeth Parulo
Platform and operationsCfo · since Jan 1, 2012
2 departed (kept with end dates)
- Martin Neath · Investment Team General Partner · Aug 1, 2001 to Mar 13, 2015 Inference
- Nuray George Ugras · Investment Team General Partner · Nov 1, 1999 to Mar 13, 2015 Inference
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
1 disclosed
Timeline
9 dated events
- Mar 27, 2024Adams Capital Management III, L.P. no longer reported on Form ADV by Adams Capital Management, Inc.Fund no longer reportedFundsInferenceAdams Capital Management III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2015Adams Capital Management II, L.P. no longer reported on Form ADV by Adams Capital Management, Inc.Fund no longer reportedFundsInferenceAdams Capital Management II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 13, 2015Nuray George Ugras (Investment Team General Partner) no longer on Schedule A of Adams Capital Management, Inc.
- Mar 13, 2015Martin Neath (Investment Team General Partner) no longer on Schedule A of Adams Capital Management, Inc.
- Mar 29, 2012Adams Capital Management, Inc. 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 29, 2012Adams Capital Management IV, L.P. first reported on Form ADV by Adams Capital Management, Inc. (Venture Capital Fund), GAV $141,717,307Fund first reported on Form ADVFundsFactAdams Capital Management IV, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Adams Capital Management, L.P. first reported on Form ADV by Adams Capital Management, Inc. (Venture Capital Fund), GAV $8,071,320Fund first reported on Form ADVFundsFactAdams Capital Management, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Adams Capital Management II, L.P. first reported on Form ADV by Adams Capital Management, Inc. (Venture Capital Fund), GAV $2,590,765Fund first reported on Form ADVFundsFactAdams Capital Management II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Adams Capital Management III, L.P. first reported on Form ADV by Adams Capital Management, Inc. (Venture Capital Fund), GAV $197,464,777Fund first reported on Form ADVFundsFactAdams Capital Management III, 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 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $182M across 2 vehicles
Evidence
57 observations from 3 sources