Electric Capital Partners, LLC logo

Electric Capital Partners, LLC

Seed fund managerSEC-registered adviserClassification probable· Palo Alto, CaliforniaELECTRICCAPITAL.COM

Investing in iconic builders of frontier technologies, from AI to distributed systems.

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

Reported fund assets
$2.1B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
7
Latest vintage
2024
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (79)Team (20)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

16 additional team members, 37 additional co-investors and affiliates, 93 additional investments, funds and LPs, 23 events, 33 verified contacts (31 professional url, 1 general firm email, 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. 1 company
    portfolio raising

    One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 23 Sep 2026 ($3M round).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactPress release wires (PR Newswire, GlobeNewswire)For Co-investors, LPs, lendersInvestments →
  2. 8 deals
    with CNK Equity Partners I

    Invests most often alongside CNK Equity Partners I (8 shared deals) and Collab+currency Management (7 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 recordCo-investors →

People to know

View all people
  • Thuan Le
    Partner
    Why: Partner: part of the investment decision
    Profile
  • Avichal Garg
    Manager
    Why: Named with investment responsibility
    Profile
  • Curtis Spencer
    Manager
    Why: Named with investment responsibility
    Profile

Relationship network

158 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 Electric Capital Partners, 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 Electric Capital Partners, LLC

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

Investing

79 companies on record, 0 new in 12 months
Investments on record
79 companies, 1 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
→ OpenBlock Labsportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
→ Suiportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Aaveportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Stated thesis versus observed behaviour
80 observed deals
Stated (the firm’s website)
Sectors
ai, fintech, healthcare, marketplaces, energy, deep tech, crypto, media
Stages
pre seed, seed, series a, early
Geography
global
Check size
$1.0M to $15.0M stated by the firm
Self-described
seed
“Check Size $1-15M+”
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (4)
lead rate no observed dealsfollow-on rate 0%new companies, 12 months 0

Team

20 current, 2 departed
Decision makers
who to call first, and why; then everyone else by function
  • Thuan Le · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility; Confirmed current on the firm's own site 2026-10-01
    LinkedIn or profile link on file (firm website, their bio on the firm's website), confirmed 2026-10-01, confidence 90%
  • Avichal Garg · Manager
    Why this person: Named with investment responsibility; Confirmed current on the firm's own site 2026-10-01
    LinkedIn or profile link on file (firm website, their bio on the firm's website), confirmed 2026-10-01, confidence 90%
  • Curtis Spencer · Manager
    Why this person: Named with investment responsibility; Confirmed current on the firm's own site 2026-10-01
    LinkedIn or profile link on file (firm website, their bio on the firm's website), confirmed 2026-10-01, confidence 90%

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. 3 with a route on file. 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
20 current, 2 departed
3 departed (kept with end dates)
  • Emily Meyers · General Counsel, Chief Compliance Officer · ? to Sep 30, 2026 Inference
  • Jamie Hofferber · Operations · ? to Sep 30, 2026 Inference
  • Jaquelyn Ov · Operations · ? to Sep 30, 2026 Inference
Contacts
1 general firm email, 1 firm phone, 31 professional url

1 general firm email, 1 firm phone, 31 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

20 vehicles, 0 LPs disclosed
Funds and vehicles
20 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Electric Capital Venture Fund III, LPFeeder or parallel2024 adv first reportedEarly deployment$296M
Mar 31, 2026
710$0
of $100M
Sep 12, 2023
ECP O2, LLCFund2024 adv first reportedEarly deployment$57.3M
Mar 31, 2026
2$0
of $19.8M
Nov 7, 2023
ECP Opportunities C1, LLCOpportunity fund2024 adv first reportedEarly deployment$12.9M
Mar 31, 2026
3$0
of $20.1M
Aug 1, 2023
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

64 co-investors · on 4 other DFX graphs
Co-investors
64 counted from shared deals, for the whole firm
Across DFX and the capital chainon 4 other DFX graphs Show
Across DFX
Across the graphs

Electric Capital Partners, LLC is the same institution as 4 records in Private Equity, RIA and Wealth, Independent Sponsors and Private Credit.

Private Equity1RIA and Wealth1Independent Sponsors1Private Credit1

DFX found 4 relationships across 4 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

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

Checking your plan…

Evidence and history

28 dated events, 73 observations from 4 sources
Timeline
28 dated events
  1. seen on or beforeSep 15, 2026
    Electric Capital Partners, LLC: MULTI_STAGE_VC -> SEED_FUND_MANAGER (name or self-description says seed)
    Classification changedClassificationInferenceno URL
  2. Mar 31, 2026
    Electric Capital Venture Fund III Feeder, LP first reported on Form ADV by Electric Capital Partners, LLC (Venture Capital Fund), GAV $26,231,493
    Fund first reported on Form ADVFundsInferenceElectric Capital Venture Fund III Feeder, LPForm ADV
  3. Mar 31, 2026
    Electric Capital Venture Fund IV, LP first reported on Form ADV by Electric Capital Partners, LLC (Venture Capital Fund)
    Fund first reported on Form ADVFundsInferenceElectric Capital Venture Fund IV, LPForm ADV
  4. Mar 31, 2026
    Electric Capital Partners Frontier Offshore Fund, LP first reported on Form ADV by Electric Capital Partners, LLC (Venture Capital Fund), GAV $3,792,233
    Fund first reported on Form ADVFundsInferenceElectric Capital Partners Frontier Offshore Fund, LPForm ADV
  5. Mar 31, 2026
    Cognate Investments, LP - Series Ieh4 first reported on Form ADV by Electric Capital Partners, LLC (Private Equity Fund), GAV $5,196,760
    Fund first reported on Form ADVFundsInferenceCognate Investments, LP - Series Ieh4Form ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 29 private fundsShow
Headquarters
Palo Alto, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
ELECTRICCAPITAL.COM
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 31, 2026
Private funds reported
29 (23 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$2.7Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$2.9Bthe adviser's RAUM, a regulatory measure, never a fund size
Employees
30
Classification history
Every classification this record has carried3 on recordShow
  1. Sep 15, 2026
    Seed fund manager (probable, 80%)
    Name or self-description says seed
  2. Sep 14, 2026
    Multi-stage venture firm (probable, 80%)
    Both early and growth/opportunity families, reported GAV $1.7B
  3. Sep 12, 2026
    Multi-stage venture firm (probable, 80%)
    Both early and growth/opportunity families, reported GAV $1.8B
Evidence
84 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedMar 31, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 31, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 31, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMay 16, 2024FactForm ADV
First Form ADV filing2020-03-30Mar 31, 2026FactForm ADV
First Form ADV filing2020-03-30May 16, 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 filing2024-05-16May 16, 2024FactForm ADV
SEC statusApprovedMar 31, 2026FactForm ADV
SEC status effective2021-07-29Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 31, 2026FactForm ADV
Venture share of reported funds1May 16, 2024FactForm ADV
Business phoneMar 31, 2026FactForm ADV
Business phoneMay 16, 2024FactForm ADV
Contact page urlSep 30, 2026Factno URL
Contact page urlSep 16, 2026Factno URL
DescriptionSep 30, 2026Factno URL
DescriptionSep 16, 2026Factno URL
DescriptionSep 15, 2026Factno URL
Employees30Mar 31, 2026FactForm ADV
Employees32May 16, 2024FactForm ADV
HeadquartersPalo Alto, CAMar 31, 2026FactForm ADV
HeadquartersPalo Alto, CAMay 16, 2024FactForm ADV
Office addressMar 31, 2026FactForm ADV
Office addressMay 16, 2024FactForm ADV
Self-described typeseedSep 30, 2026Factno URL
Self-described typeseedSep 16, 2026Factno URL
Self-described typeseedSep 15, 2026Factno URL
Legal formLimited Liability CompanyMar 31, 2026FactForm ADV
PE funds reported5Mar 31, 2026FactForm ADV
Portfolio pageSep 30, 2026Factno URL
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 15, 2026Factno URL
Private funds reported29Mar 31, 2026FactForm ADV
Private funds reported29Mar 31, 2026FactForm ADV
Private funds reported13May 16, 2024FactForm ADV
Private fund gross assets (reported)$2.7BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$2.7BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$1.8BMay 16, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$2.9BMar 31, 2026FactForm ADV
Regulatory AUM (adviser, not fund size)$1.8BMay 16, 2024FactForm ADV
Schedule a diffsadiff-1Sep 29, 2026FactForm ADV
Stated check (high)$15.0M
“Check Size $1-15M+”
Sep 30, 2026Factno URL
Stated check (high)$15.0M
“Check Size $1-15M+”
Sep 16, 2026Factno URL
Stated check (high)$15.0M
“Check Size $1-15M+”
Sep 15, 2026Factno URL
Stated check (low)$1.0M
“Check Size $1-15M+”
Sep 30, 2026Factno URL
Stated check (low)$1.0M
“Check Size $1-15M+”
Sep 16, 2026Factno URL
Stated check (low)$1.0M
“Check Size $1-15M+”
Sep 15, 2026Factno URL
Stated geographyglobal
“geography words on the home page”
Sep 30, 2026Factno URL
Stated geographyglobal
“geography words on the home page”
Sep 16, 2026Factno URL
Stated geographyglobal
“geography words on the home page”
Sep 15, 2026Factno URL
Stated sectorsAI, fintech, healthcare, marketplaces, energy, deep tech, crypto, media
“sector words on the home page”
Sep 30, 2026Factno URL
Stated sectorsAI, fintech, healthcare, marketplaces, energy, deep tech, crypto, media
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsAI, fintech, healthcare, marketplaces, energy, deep tech, crypto, media
“sector words on the home page”
Sep 15, 2026Factno URL
Stated stagesPre seed, seed, series a, early
“stage words on the home page”
Sep 30, 2026Factno URL
Stated stagesPre seed, seed, series a, early
“stage words on the home page”
Sep 16, 2026Factno URL
Stated stagesPre seed, seed, series a, early
“stage words on the home page”
Sep 15, 2026Factno URL
Team pageSep 30, 2026Factno URL
Team pageSep 16, 2026Factno URL
Team pageSep 15, 2026Factno URL
Venture funds reported23Mar 31, 2026FactForm ADV
Venture funds reported23Mar 31, 2026FactForm ADV
Venture funds reported12May 16, 2024FactForm ADV
WebsiteMay 16, 2024FactForm ADV
Site titleSep 30, 2026Factno URL
Site titleSep 16, 2026Factno URL
Site titleSep 15, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersSeed fund manager, probableShow
Importance
70
high
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Seed fund manager · probableSEC registered investment adviser

Name or self-description says seed

The inputs behind each score
importance
gav: $1 · funds: 1 · people: 0.36 · investments: 0.71 · co investors: 0.74
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 20 · reported gav: $2.1B · first adv filing: 2020-03-30 · years since first filing: 6.5

Fits, record history and connections

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

Record history

2 identity changes, 2 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-15
  • Fund refused
    2026-09-14
  • Fund refused
    2026-09-14

+1 more change on this record's ledger

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

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.