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 / Iron Path Capital, L.P.

Iron Path Capital, L.P.

Private equity with venture activity · probableCharlottesville, VAironpathcapital.comSEC registered investment adviser

Private Equity done differently Operator-partners building specialized, technical businesses serving highly regulated end-markets We think big. One step at ...

registered adviser; venture funds are 0% of 8 private funds

Importance
39
elevated
Active deployment
48
elevated
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
17
moderate
Identity and regulatory footprint
Headquarters
Charlottesville, VAadviserinfo.sec.gov
Office address
2410 OLD IVY ROAD, SUITE 310, Charlottesville, VA, 22903adviserinfo.sec.gov
Business phone
434-257-3288adviserinfo.sec.gov
SEC adviser type
registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Jul 3, 2024
Private funds reported
8 (0 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$357Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$357Mthe adviser's RAUM, a regulatory measure, never a fund size
Employees
14
Owners on Schedule A
Iron Path Capital LLC (General Partner), NA
business phone
434-257-3288adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
6 observed deals
Stated (the firm’s website)
Sectors
enterprise software, healthcare, biotech, medtech, consumer, energy, space, defense, logistics, industrial, media
Stages
early
Geography
asia, europe, germany, global, indiana, new york, tennessee, uk
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
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 6
Funds and vehicles
7 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
IPC Pain Co-Invest, L.P.SPV or co-invest vehicle · ADV: Private Equity Fund2023 adv first reportedActive deployment$25.8M
Jul 3, 2024
5$0May 13, 2022
Iron Path Fund I Q, L.P.Fund · ADV: Private Equity Fund2022 form d first saleActive deployment$171M
Jul 3, 2024
22$248M
of $250M
Jun 21, 2024
IPC Path Spv, L.P.SPV or co-invest vehicle · ADV: Private Equity Fund2022 adv first reportedActive deployment$54.0M
Jul 3, 2024
17$0
of $50.0M
Oct 7, 2021
Iron Path Fund I B, L.P.Fund · ADV: Private Equity Fund2022 form d first saleActive deployment$26.8M
Jul 3, 2024
8$248M
of $250M
Jun 21, 2024
Iron Path Fund I a, L.P.Fund · ADV: Private Equity Fund2022 form d first saleActive deployment$1.3M
Jul 3, 2024
4$248M
of $250M
Jun 21, 2024
Iron Path Pulse, L.P.Fund · ADV: Private Equity Fund2021 form d first saleMature$35.9M
Jul 3, 2024
8$38.3M
of $38.3M
Jun 8, 2021
Iron Path Pulse (ai), L.P.Fund · ADV: Private Equity Fund2021 form d first saleMature$1.5M
Jul 3, 2024
2$38.3M
of $38.3M
Jun 8, 2021
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
28 current, 0 departed
Ian Thomas
Managing Director, Head of Business Development
Partner
Ben Wheeler
Operating Fellow, Full Immersion Operations
Platform and operations
Carson Davis
Managing Director, Head of Full Immersion Operations
Platform and operations
Hunter Blair
Finance Manager, Full Immersion Operations
Platform and operations
Joseph Winstead
Accounting & Finance Manager, Full Immersion Operations
Platform and operations
Kyle Mayo
Vice President, Full Immersion Operations
Platform and operations
Ryan Keyes
Manager, Full Immersion Operations
Platform and operations
Ryder Sadler
Operating Fellow, Full Immersion Operations
Platform and operations
Alan Dyke
Vice President of Business Development
Vice president
Investments on record
6 edges, 6 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Capitol Pain Instituteportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Nalasportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
PRO-SETportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
PureTech Scientificportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
TruTechportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Vion Biosciencesportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
“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
1 relationships from shared deals, counted for the whole firm
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
9 dated events
  1. Mar 30, 2023
    Iron Path Fund I Q, L.P. first reported on Form ADV by Iron Path Capital, L.P. (Private Equity Fund), GAV $123,500,000
  2. Mar 30, 2023
    IPC Pain Co-Invest, L.P. first reported on Form ADV by Iron Path Capital, L.P. (Private Equity Fund), GAV $11,500,000
  3. Mar 30, 2023
    Iron Path Fund I a, L.P. first reported on Form ADV by Iron Path Capital, L.P. (Private Equity Fund), GAV $1,092,000
  4. Mar 30, 2023
    Iron Path Fund I B, L.P. first reported on Form ADV by Iron Path Capital, L.P. (Private Equity Fund), GAV $22,880,000
  5. Oct 1, 2022
    Claudia Ursula Oelschlager joined Schedule A of Iron Path Capital, L.P. as Chief Compliance Officer
  6. Mar 29, 2022
    IPC Path Spv, L.P. first reported on Form ADV by Iron Path Capital, L.P. (Private Equity Fund), GAV $53,799,875
  7. Sep 3, 2021
    Iron Path Pulse, L.P. first reported on Form ADV by Iron Path Capital, L.P. (Private Equity Fund), GAV $36,667,241
  8. Sep 3, 2021
    Iron Path Pulse (ai), L.P. first reported on Form ADV by Iron Path Capital, L.P. (Private Equity Fund), GAV $1,582,759
  9. Sep 3, 2021
    Iron Path Capital, L.P. first filed Form ADV (ERA)
Classification history
  1. Sep 12, 2026
    Private equity with venture activity (probable, 75%, cls-1)
    registered adviser; venture funds are 0% of 8 private funds
Evidence
37 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeregistered_investment_adviserJul 3, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2021-09-03Jul 3, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2024-07-03Jul 3, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Venture share of reported funds0Jul 3, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone434-257-3288Jul 3, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Contact page urlhttps://ironpathcapital.com/contact-us/
contact page linked from the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionPrivate Equity done differently Operator-partners building specialized, technical businesses serving highly regulated end-markets We think big. One step at ...
meta description
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionPrivate Equity done differently Operator-partners building specialized, technical businesses serving highly regulated end-markets We think big. One step at ...
meta description
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Employees14Jul 3, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
HeadquartersCharlottesville, VAJul 3, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address2410 OLD IVY ROAD, SUITE 310, Charlottesville, VA, 22903Jul 3, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Portfolio pagehttps://ironpathcapital.com/portfolio/
6 entries read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Portfolio pagehttps://ironpathcapital.com/portfolio/
6 entries read
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Private funds reported8Jul 3, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$357MJul 3, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Regulatory AUM (adviser, not fund size)$357MJul 3, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Stated geographyasia,europe,germany,global,indiana,new york,tennessee,uk
geography words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyasia,europe,germany,global,indiana,new york,tennessee,uk
geography words on the home page
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsenterprise_software,healthcare,biotech,medtech,consumer,energy,space,defense,logistics,industrial,media
sector words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsenterprise_software,healthcare,biotech,medtech,consumer,energy,space,defense,logistics,industrial,media
sector words on the home page
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated stagesearly
stage words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated stagesearly
stage words on the home page
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://ironpathcapital.com/team/
25 name/title pairs read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://ironpathcapital.com/team/
25 name/title pairs read
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported0Jul 3, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Websitehttps://ironpathcapital.comJul 3, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site titleHome | Iron Path Capital
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleHome | Iron Path Capital
title tag
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)