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.
In the firm's own words, from its website.
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
- 2 dealswith 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- Manager And MemberWhy: Named with investment responsibilityNo route on file yet
- MemberWhy: Named with investment responsibilityNo 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.
- Sponsor
- Company
- Fund or vehicle
- Person
›How strength and recency are read
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
What these amounts mean“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.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Century | portfolio listing | unknown | unknown | unknown | unknown | Sep 29, 2026 | Fact Company website |
| FemTherapeutics | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Company website |
| Aerodome | portfolio listing | unknown | unknown | unknown | unknown | Sep 15, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- 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
Team
2 current, 1 departed
Decision makers
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
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Manager And Member · 1 deal attributed
- Member
1 departed (kept with end dates)
- Paul Amar Sethi · Member · Jan 1, 2019 to Mar 31, 2022 Inference
Contacts
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
What these amounts meanGAV 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.| 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 | $63.6M Mar 31, 2026 | 130 | $66.2M of $66.2M | Jan 20, 2022 |
| 2048 Ventures I, LP | Fund | unknown | Unknown | $85.8M Mar 31, 2026 | 107 | $0 of $25.0M | Jan 14, 2019 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.Relationships across DFX
18 co-investors
Co-investors
- 2026-09-302 shared deals · recurring
- 2026-09-302 shared deals · recurring
- 2026-09-162 shared deals · recurring
Evidence and history
7 dated events, 55 observations from 4 sources
Timeline
- seen on or beforeSep 24, 20262048 Ventures, LLC: SEED_FUND_MANAGER -> INSTITUTIONAL_VC (venture manager, reported GAV $149M across 2 vehicles)Classification changedClassificationInference
- seen on or beforeSep 15, 20262048 Ventures, LLC: INSTITUTIONAL_VC -> SEED_FUND_MANAGER (name or self-description says seed)Classification changedClassificationInference
- Mar 31, 20262048 Ventures III, LP first reported on Form ADV by 2048 Ventures, LLC (Venture Capital Fund), GAV $76,194,127
- Mar 31, 2022Paul Amar Sethi (Member) no longer on Schedule A of 2048 Ventures, LLC
- Mar 31, 20222048 Ventures II, LP first reported on Form ADV by 2048 Ventures, LLC (Venture Capital Fund), GAV $66,669,747
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 3 private fundsShowHide
- 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
Classification history
Every classification this record has carried3 on recordShowHide
- Sep 24, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $149M across 2 vehicles
- Sep 15, 2026Seed fund manager (confirmed, 95%)Name or self-description says seed
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $147M across 2 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 27, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 27, 2024 | Fact | Form ADV |
| First Form ADV filing | 2019-08-27 | Mar 31, 2026 | Fact | Form ADV |
| First Form ADV filing | 2019-08-27 | Mar 27, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-27 | Mar 27, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 31, 2026 | Fact | Form ADV |
| SEC status effective | 2019-08-27 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 27, 2024 | Fact | Form ADV |
| Business phone | Mar 31, 2026 | Fact | Form ADV | |
| Business phone | Mar 27, 2024 | Fact | Form ADV | |
| Description | Sep 15, 2026 | Fact | ||
| Headquarters | Princeton, NJ | Mar 31, 2026 | Fact | Form ADV |
| Headquarters | Princeton, NJ | Mar 27, 2024 | Fact | Form ADV |
| Office address | Mar 31, 2026 | Fact | Form ADV | |
| Office address | Mar 27, 2024 | Fact | Form ADV | |
| Self-described type | seed | Sep 15, 2026 | Fact | |
| Legal form | Limited Liability Company | Mar 31, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 27, 2024 | Fact | Form ADV |
| Portfolio page | Sep 15, 2026 | Fact | ||
| Private funds reported | 3 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 3 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 2 | Mar 27, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $226M | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $226M | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $147M | Mar 27, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 31, 2026 | Fact | Form ADV |
| Stated stages | seed “stage words on the home page” | Sep 15, 2026 | Fact | |
| Team page | Sep 15, 2026 | Fact | ||
| Venture funds reported | 3 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 3 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 2 | Mar 27, 2024 | Fact | Form ADV |
| Website | Mar 27, 2024 | Fact | Form ADV | |
| Robots | disallowed “robots.txt disallows our user agent” | Sep 16, 2026 | Fact | |
| Site title | Sep 15, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShowHide
Venture manager, reported GAV $149M across 2 vehicles
- 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
- 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
- Organization classification changed2026-09-24
- Organization classification changed2026-09-15
- Adviser's first ADV filing2019-08-27source 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.