Digitalis Ventures, LLC

Institutional venture firmSEC venture capital fund adviser· New York, New YorkDIGITALISVENTURES.COM

Digitalis Ventures invests in solutions to unmet needs in biomedicine and health.

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

Reported fund assets
$862M
sum of its funds' Form ADV filings, last 30 months
Investment team
13
Latest vintage
2024
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

11 additional team members, 2 additional investments, funds and LPs, 1 event, 15 verified contacts (13 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.

Nothing material in the last 180 days.

People to know

View all people
  • Managing Partner
    Why: Managing partner: runs the firm
    Profile
  • Partner
    Why: Partner: part of the investment decision
    Profile
  • Partner
    Why: Partner: part of the investment decision
    Profile

Relationship network

19 connected entities

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
  • 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 Digitalis 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 Digitalis Ventures, LLC

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

Investing

0 companies on record, 0 new in 12 months

Investments on record

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.

Stated thesis versus observed behaviour

no observed deals yet
Stated (the firm’s website)
Sectors
healthcare, biotech
Stages
not stated or not yet read
Geography
new york
Check size
not stated; DFX does not estimate checks from round sizes
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 no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

15 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • Misti Ushio · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
    LinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
  • Amit Bansal · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
    LinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
  • Ben Jacobs · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
    LinkedIn or profile link on file (firm 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

15 current, 0 departed

Contacts

1 general firm email, 1 firm phone, 13 professional url

1 general firm email, 1 firm phone, 13 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

5 vehicles, 0 LPs disclosed

Funds and vehicles

5 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Digitalis Mars Companion Fund II LLCFund2024 adv first reportedEarly deployment$290M
Mar 30, 2026
2unknownunknown
Digitalis Mars Health Fund II, LLCFund2023 adv first reportedActive deployment$271M
Mar 30, 2026
2unknownunknown
Companion Fund I LLCFund2019 adv first reportedMature$180M
Mar 30, 2026
2unknownunknown

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

0 co-investors · on 1 other DFX graph

Co-investors

0 counted from shared deals, 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.
Across DFX and the capital chainon 1 other DFX graph Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

Digitalis Ventures, LLC is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Evidence and history

6 dated events, 68 observations from 4 sources

Timeline

6 dated events
  1. Mar 29, 2024
    Digitalis Mars Companion Fund II LLC first reported on Form ADV by Digitalis Ventures, LLC (Venture Capital Fund), GAV $297,571,511
    Fund first reported on Form ADVFundsFactDigitalis Mars Companion Fund II LLCForm ADV
  2. Mar 31, 2023
    Digitalis Mars Health Fund II, LLC first reported on Form ADV by Digitalis Ventures, LLC (Venture Capital Fund), GAV $296,527,080
    Fund first reported on Form ADVFundsFactDigitalis Mars Health Fund II, LLCForm ADV
  3. Mar 27, 2019
    DPG Fund I LLC first reported on Form ADV by Digitalis Ventures, LLC (Venture Capital Fund), GAV $29,936,661
    Fund first reported on Form ADVFundsFactDPG Fund I LLCForm ADV
  4. Mar 27, 2019
    Companion Fund I LLC first reported on Form ADV by Digitalis Ventures, LLC (Venture Capital Fund), GAV $99,542,391
    Fund first reported on Form ADVFundsFactCompanion Fund I LLCForm ADV
  5. Mar 17, 2016
    Digitalis Ventures, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 5 private fundsShow
Headquarters
New York, NYadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
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 30, 2026
Private funds reported
5 (5 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$862Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried2 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $862M across 5 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $925M across 5 vehicles

Evidence

69 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 30, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 30, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserApr 15, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserApr 15, 2024FactForm ADV
First Form ADV filing2016-03-17Mar 30, 2026FactForm ADV
First Form ADV filing2016-03-17Apr 15, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm 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 filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2024-04-15Apr 15, 2024FactForm ADV
SEC statusERA - ActiveMar 30, 2026FactForm ADV
SEC status effective2016-03-17Mar 30, 2026FactForm ADV
Venture share of reported funds1Mar 30, 2026FactForm ADV
Venture share of reported funds1Apr 15, 2024FactForm ADV
Business phoneMar 30, 2026FactForm ADV
Business phoneApr 15, 2024FactForm ADV
DescriptionOct 1, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 15, 2026Fact
HeadquartersNew York, NYMar 30, 2026FactForm ADV
HeadquartersNew York, NYApr 15, 2024FactForm ADV
Office addressMar 30, 2026FactForm ADV
Office addressApr 15, 2024FactForm ADV
Legal formLimited Liability CompanyMar 30, 2026FactForm ADV
Legal formLimited Liability CompanyApr 15, 2024FactForm ADV
Private funds reported5Mar 30, 2026FactForm ADV
Private funds reported5Mar 30, 2026FactForm ADV
Private funds reported5Apr 15, 2024FactForm ADV
Private fund gross assets (reported)$862MMar 30, 2026FactForm ADV
Private fund gross assets (reported)$862MMar 30, 2026FactForm ADV
Private fund gross assets (reported)$925MApr 15, 2024FactForm ADV
Schedule a diffsadiff-1Sep 14, 2026FactForm ADV
Stated geographynew york
“geography words on the home page”
Oct 1, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 16, 2026Fact
Stated geographynew york
“geography words on the home page”
Sep 15, 2026Fact
Stated sectorsHealthcare, biotech
“sector words on the home page”
Oct 1, 2026Fact
Stated sectorsHealthcare, biotech
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsHealthcare, biotech
“sector words on the home page”
Sep 15, 2026Fact
Team pageOct 1, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 15, 2026Fact
Venture funds reported5Mar 30, 2026FactForm ADV
Venture funds reported5Mar 30, 2026FactForm ADV
Venture funds reported5Apr 15, 2024FactForm ADV
WebsiteSep 12, 2026FactForm ADV
WebsiteMar 30, 2026FactForm ADV
WebsiteApr 15, 2024FactForm ADV
Site titleOct 1, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 15, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShow
Importance
35
elevated
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $862M across 5 vehicles

The inputs behind each score
importance
gav: 0.59 · funds: 0.42 · people: 0.52 · investments: 0 · co investors: 0
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: 5 · reported gav: $862M · first adv filing: 2016-03-17 · years since first filing: 10.5

Fits, record history and connections

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

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2016-03-17source 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.

Not yet on record: new companies, 12 mo.