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 / 2048 Ventures, LLC
2048 Ventures, LLC
2048 Ventures is a thesis-driven venture firm in NYC and Boston. We write $500K-$3M first checks and lead pre-seed and seed rounds in Vertical AI, Deep Tech, Health and Bio.
name or self-description says seed
Importance
27
moderate
Active deployment
30
moderate
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
12
low
Identity and regulatory footprint
- Headquarters
- Princeton, NJadviserinfo.sec.gov
- Office address
- ADURO ADVISORS, LLC, 214 CARNEGIE CENTER, SUITE 304, Princeton, NJ, 08540adviserinfo.sec.gov
- Business phone
- (201) 788-9030adviserinfo.sec.gov
- Website
- https://www.2048.vc/
- 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
- 3 (3 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $226Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- (201) 788-9030adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
34 observed deals
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- seed
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- seed
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 34
Funds and vehicles
2 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| 2048 Ventures II, LP | Fund | 2022 form d first sale | Active deployment | $65.9M Mar 27, 2024 | 130 | $66.2M of $66.2M | Jan 20, 2022 |
| 2048 Ventures I, LP | Fund | unknown | Unknown | $80.9M Mar 27, 2024 | 109 | $0 of $25.0M | Jan 14, 2019 |
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, 1 departed
Alexander V Iskold
PartnerManager And Member · since Jan 1, 2019
1 departed (kept with end dates)
- Paul Amar Sethi · Member · Jan 1, 2019 to Mar 31, 2022 Inference
Investments on record
34 edges, 33 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
31 relationships from shared deals, counted for the whole firm
PWV Capital Management LLC 2 shared · recurringThe Venture Collective LLC 2 shared · recurringConstruct Capital Management, LLC 2 shared · recurringnvp capital 1 shared · one timeTrinity Ventures 1 shared · one timeGrdnt LLC 1 shared · one timeAlsop Louie Partners 1 shared · one timeTwelve Below 1 shared · one timeWayfinder Ventures Management, L.L.C. 1 shared · one timeVenture Studio Investment Management LLC 1 shared · one timeBridge Investments LLC 1 shared · one timeColosseum Management LLC 1 shared · one timeAvenir Management Company, LLC 1 shared · one timeHoxton Ventures 1 shared · one timeNordstar Partners Management LLP 1 shared · one timeParade Ventures Management, LLC 1 shared · one timeMoneta Ventures, LLC 1 shared · one timeOrigin Ventures 1 shared · one timeElsewhere Partners, LLC 1 shared · one timeCore Venture Capital 1 shared · one timeHaun Ventures Management LP 1 shared · one timeCrane Venture Partners LLP 1 shared · one timeMatchstick Ventures, LLC 1 shared · one timeDifferential Venture Partners, LLC 1 shared · one timeCastle Island Management, LLC 1 shared · one timeScribble Ventures Management, LLC 1 shared · one timeRadical Ventures 1 shared · one timeIlluminate Financial 1 shared · one timeService Provider Capital 1 shared · one timeCRV, LLC 1 shared · one timeConcentric Team LLP 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 15, 20262048 Ventures, LLC: INSTITUTIONAL_VC -> SEED_FUND_MANAGER (name or self-description says seed)Classification changedClassificationInferenceno URL
- Mar 31, 20222048 Ventures II, LP first reported on Form ADV by 2048 Ventures, LLC (Venture Capital Fund), GAV $66,669,747Fund first reported on Form ADVFundsFact2048 Ventures II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022Paul Amar Sethi (Member) no longer on Schedule A of 2048 Ventures, LLC
- Aug 27, 20192048 Ventures, 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)
- Aug 27, 20192048 Ventures I, LP first reported on Form ADV by 2048 Ventures, LLC (Venture Capital Fund), GAV $26,978,172Fund first reported on Form ADVFundsFact2048 Ventures I, LPSEC 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 $147M across 2 vehicles
Evidence
41 observations from 3 sources