2048 Ventures, LLC

Institutional venture firmSEC venture capital fund adviser· Princeton, New Jersey2048.vc

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.

In the firm's own words, from its website.

Reported fund assets
$149M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
2
Latest vintage
2022
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (34)Team (2)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

15 additional co-investors and affiliates, 31 additional investments, funds and LPs, 2 events, 1 verified contact (1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 2 deals
    with The Venture Collective

    Invests most often alongside The Venture Collective (2 shared deals) and Twelve Below (2 shared deals).

    pair last observed on record 30 Sep 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people
  • Alexander V Iskold
    Manager And Member
    Why: Named with investment responsibility
    No route on file yet
  • Beatrisa Iskold
    Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

56 connected entities1 observed round

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to 2048 Ventures, LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to 2048 Ventures, LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

34 companies on record, 0 new in 12 months
Investments on record
34 companies, 1 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Centuryportfolio listingunknownunknownunknownunknownSep 29, 2026Fact Company website
FemTherapeuticsportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Company website
Aerodomeportfolio listingunknownunknownunknownunknownSep 15, 2026Fact Firm website
Stated thesis versus observed behaviour
36 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 97%Other Technology 3%
lead rate no observed dealsfollow-on rate 0%new companies, 12 months 0

Team

2 current, 1 departed
Decision makers
who to call first, and why; then everyone else by function
  • Alexander V Iskold · Manager And Member
    Why this person: Named with investment responsibility
  • Beatrisa Iskold · Member
    Why this person: Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team
2 current, 1 departed
1 departed (kept with end dates)
Contacts
1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

2 vehicles, 0 LPs disclosed
Funds and vehicles
2 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
2048 Ventures II, LPFund2022 form d first saleActive deployment$63.6M
Mar 31, 2026
130$66.2M
of $66.2M
Jan 20, 2022
2048 Ventures I, LPFundunknownUnknown$85.8M
Mar 31, 2026
107$0
of $25.0M
Jan 14, 2019
Limited partners
0 LPs, 0 disclosed commitments
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.
Known LPs and allocators
0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

18 co-investors
Co-investors
18 counted from shared deals, for the whole firm

Evidence and history

7 dated events, 55 observations from 4 sources
Timeline
7 dated events
  1. seen on or beforeSep 24, 2026
    2048 Ventures, LLC: SEED_FUND_MANAGER -> INSTITUTIONAL_VC (venture manager, reported GAV $149M across 2 vehicles)
    Classification changedClassificationInferenceno URL
  2. seen on or beforeSep 15, 2026
    2048 Ventures, LLC: INSTITUTIONAL_VC -> SEED_FUND_MANAGER (name or self-description says seed)
    Classification changedClassificationInferenceno URL
  3. Mar 31, 2026
    2048 Ventures III, LP first reported on Form ADV by 2048 Ventures, LLC (Venture Capital Fund), GAV $76,194,127
    Fund first reported on Form ADVFundsInference2048 Ventures III, LPForm ADV
  4. Mar 31, 2022
    Paul Amar Sethi (Member) no longer on Schedule A of 2048 Ventures, LLC
    Person leftPeopleInferencePaul Amar SethiForm ADV
  5. Mar 31, 2022
    2048 Ventures II, LP first reported on Form ADV by 2048 Ventures, LLC (Venture Capital Fund), GAV $66,669,747
    Fund first reported on Form ADVFundsFact2048 Ventures II, LPForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 3 private fundsShow
Headquarters
Princeton, NJadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
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, adviser total
$226Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Every classification this record has carried3 on recordShow
  1. Sep 24, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $149M across 2 vehicles
  2. Sep 15, 2026
    Seed fund manager (confirmed, 95%)
    Name or self-description says seed
  3. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $147M across 2 vehicles
Evidence
55 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 27, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 27, 2024FactForm ADV
First Form ADV filing2019-08-27Mar 31, 2026FactForm ADV
First Form ADV filing2019-08-27Mar 27, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2024-03-27Mar 27, 2024FactForm ADV
SEC statusERA - ActiveMar 31, 2026FactForm ADV
SEC status effective2019-08-27Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 27, 2024FactForm ADV
Business phoneMar 31, 2026FactForm ADV
Business phoneMar 27, 2024FactForm ADV
DescriptionSep 15, 2026Factno URL
HeadquartersPrinceton, NJMar 31, 2026FactForm ADV
HeadquartersPrinceton, NJMar 27, 2024FactForm ADV
Office addressMar 31, 2026FactForm ADV
Office addressMar 27, 2024FactForm ADV
Self-described typeseedSep 15, 2026Factno URL
Legal formLimited Liability CompanyMar 31, 2026FactForm ADV
Legal formLimited Liability CompanyMar 27, 2024FactForm ADV
Portfolio pageSep 15, 2026Factno URL
Private funds reported3Mar 31, 2026FactForm ADV
Private funds reported3Mar 31, 2026FactForm ADV
Private funds reported2Mar 27, 2024FactForm ADV
Private fund gross assets (reported)$226MMar 31, 2026FactForm ADV
Private fund gross assets (reported)$226MMar 31, 2026FactForm ADV
Private fund gross assets (reported)$147MMar 27, 2024FactForm ADV
Schedule a diffsadiff-1Mar 31, 2026FactForm ADV
Stated stagesseed
“stage words on the home page”
Sep 15, 2026Factno URL
Team pageSep 15, 2026Factno URL
Venture funds reported3Mar 31, 2026FactForm ADV
Venture funds reported3Mar 31, 2026FactForm ADV
Venture funds reported2Mar 27, 2024FactForm ADV
WebsiteMar 27, 2024FactForm ADV
Robotsdisallowed
“robots.txt disallows our user agent”
Sep 16, 2026Factno URL
Site titleSep 15, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShow
Importance
36
elevated
Active deployment
0
low
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $149M across 2 vehicles

The inputs behind each score
importance
gav: 0.36 · funds: 0.17 · people: 0.12 · investments: 0.58 · co investors: 0.51
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 2 · reported gav: $149M · first adv filing: 2019-08-27 · years since first filing: 7.1

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

1 scored match, best firstas of
  • score 15confidence 70%
    Why: cap table

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

3 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-24
  • Organization classification changed
    2026-09-15
  • Adviser's first ADV filing
    2019-08-27source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.