DFX Intelligence
Venture Capital Intelligence
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 / Elefund Management Company, LLC
Elefund Management Company, LLC
venture manager, reported GAV $161M across 8 vehicles
Importance
38
elevated
Active deployment
55
elevated
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
20
moderate
Identity and regulatory footprint
- Headquarters
- Mountain View, CAadviserinfo.sec.gov
- Office address
- 650 CASTRO STREET, SUITE 120 #321, Mountain View, CA, 94041-2093adviserinfo.sec.gov
- Business phone
- 415-993-1541adviserinfo.sec.gov
- Website
- HTTPS://WWW.ELEFUND.COM/
- 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
- Apr 3, 2026
- Private funds reported
- 8 (8 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $170Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- press@elefund.comelefund.compublished by the subject
- business email
- info@elefund.comelefund.compublished by the subject
- business phone
- 415-993-1541adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
49 observed deals
Stated (the firm’s website)
- Sectors
- enterprise software, fintech, space, crypto, media
- Stages
- pre seed, seed, series a
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 94%Other Technology 4%Other 2%
lead rate n/afollow-on rate n/anew logos, 12 months 49
Funds and vehicles
8 reported, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Elefund III, L.P. | Fund | 2024 adv first reported | Early deployment | $11.3M Mar 29, 2024 | 39 | $0 of $100M | May 3, 2023 |
| Grdn Admx, LLC | Fund | 2021 form d first sale | Mature | $2.0M Mar 29, 2024 | 5 | $2.0M of $2.0M | Aug 4, 2022 |
| Grdn-Crt V, LLC | Fund | 2020 form d first sale | Mature | $13.5M Mar 29, 2024 | 2 | $6.1M of $6.1M | May 5, 2020 |
| Grdn-Pi, LLC | Fund | 2020 form d first sale | Mature | $10.3M Mar 29, 2024 | 5 | $2.0M of $2.0M | May 5, 2020 |
| Elefund Continuity III, LLC | Fund | 2020 adv first reported | Mature | $0 Mar 29, 2024 | 2 | $0 of $1.0M | Nov 15, 2019 |
| Elefund II LP | Fund | 2019 form d first sale | Mature | $45.0M Mar 29, 2024 | 73 | $20.4M of $50.0M | Jul 9, 2020 |
| Elefund Continuity II, LLC | Fund | 2019 adv first reported | Mature | $0 Mar 29, 2024 | 2 | $0 of $1.0M | Oct 30, 2017 |
| Elefund, L.P. | Fund | 2015 form d first sale | Harvest | $78.8M Mar 29, 2024 | 32 | $8.8M of $15.0M | May 26, 2017 |
| Elefund Fastly Fund, LLC | Fund · ADV: Private Equity Fund | unknown | Wound down | $10,477 Mar 30, 2020 | 6 | unknown | unknown |
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
4 current, 1 departed
David Mavashev
Managing partnerManaging Member Of Elefund Gp I, Llc · since Jul 1, 2013
Nathan Richard Rodland
Managing partnerManaging Member Of Elefund Gp Iii, Llc · since Mar 1, 2022
Serik Kaldykulov
Managing partnerManaging Member Of Elefund Gp Iii, Llc · since Mar 1, 2022
Ha Nguyen
Platform and operationsChief Financial Officer Of Elefund Management Company, Llc · since May 1, 2022
1 departed (kept with end dates)
- Ariel Amishady Crissi · Managing Member Of Elefund Management Company, Llc · Jul 1, 2015 to Mar 29, 2023 Inference
Investments on record
49 edges, 49 companies, 0 partner-attributed
“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
40 relationships from shared deals, counted for the whole firm
PA Capital Management LLC 4 shared · strongInstitutional Venture 2 shared · recurringCommonweal Ventures Management, LLC 2 shared · recurringPWV Capital Management LLC 2 shared · recurringIndex Ventures Sa 2 shared · recurringMastry 2 shared · recurringMenlo Group, LLC 2 shared · recurringTeamworthy Group LLC 1 shared · one timeGrand Ventures 1 shared · one timeXYZ Venture Capital 1 shared · one timeMenlo Ventures 1 shared · one timeMighty Capital Management LLC 1 shared · one timePascal Capital, L.L.C. 1 shared · one timeFirstmark Capital, LLC 1 shared · one timeParade Ventures Management, LLC 1 shared · one timePruven Management Company, LLC 1 shared · one timeNEA: New Enterprise Associates 1 shared · one timePositive Sum Advisors LLC 1 shared · one timeFlux Capital 1 shared · one timeNext Legacy Management, LLC 1 shared · one timeAlumni Ventures 1 shared · one timeRubicon Technology Management L.L.C. 1 shared · one timeDiagram Corporation 1 shared · one timeCrane Venture Partners LLP 1 shared · one timeNelstone Ventures Advisors 1 shared · one timeTEN Eleven Ventures, LLC 1 shared · one timeGreatpoint Investment Management, LLC 1 shared · one timeConstruct Capital Management, LLC 1 shared · one timeMNS Global Capital Managers, LLC 1 shared · one timeScribble Ventures Management, LLC 1 shared · one timeTDK Ventures Inc. 1 shared · one timeMotley Fool Ventures 1 shared · one timeIlluminate Financial 1 shared · one timeDRAPER ASSOCIATES 1 shared · one timeUncork Capital 1 shared · one timeA-Star Partners, LLC 1 shared · one timeUnion Square Ventures 1 shared · one timeSpider Capital 1 shared · one timeAnthemis 1 shared · one timeManhattan West Asset Management, LLC 1 shared · one time
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
14 dated events
- Mar 29, 2024Elefund III, L.P. first reported on Form ADV by Elefund Management Company, LLC (Venture Capital Fund), GAV $11,323,612Fund first reported on Form ADVFundsFactElefund III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2023Ariel Amishady Crissi (Managing Member Of Elefund Management Company, Llc) no longer on Schedule A of Elefund Management Company, LLC
- Jul 15, 2022Grdn Admx, LLC first reported on Form ADV by Elefund Management Company, LLC (Venture Capital Fund), GAV $2,034,000Fund first reported on Form ADVFundsFactGrdn Admx, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 1, 2022HA Nguyen joined Schedule A of Elefund Management Company, LLC as Chief Financial Officer Of Elefund Management Company, Llc
- Mar 31, 2021Grdn-Pi, LLC first reported on Form ADV by Elefund Management Company, LLC (Venture Capital Fund), GAV $2,000,000Fund first reported on Form ADVFundsFactGrdn-Pi, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2021Grdn-Crt V, LLC first reported on Form ADV by Elefund Management Company, LLC (Venture Capital Fund), GAV $6,100,000Fund first reported on Form ADVFundsFactGrdn-Crt V, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2021Elefund Fastly Fund, LLC no longer reported on Form ADV by Elefund Management Company, LLCFund no longer reportedFundsInferenceElefund Fastly Fund, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2020Elefund II LP first reported on Form ADV by Elefund Management Company, LLC (Venture Capital Fund), GAV $3,451,120Fund first reported on Form ADVFundsFactElefund II LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2020Elefund Continuity III, LLC first reported on Form ADV by Elefund Management Company, LLC (Private Equity Fund), GAV $1,000,000Fund first reported on Form ADVFundsFactElefund Continuity III, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 1, 2019Nathan Richard Rodland joined Schedule A of Elefund Management Company, LLC as Managing Member Of Elefund Gp Ii, Llc
- Mar 31, 2019Elefund Continuity II, LLC first reported on Form ADV by Elefund Management Company, LLC (Venture Capital Fund), GAV $399,104Fund first reported on Form ADVFundsFactElefund Continuity II, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 1, 2018Elefund Fastly Fund, LLC first reported on Form ADV by Elefund Management Company, LLC (Venture Capital Fund), GAV $350,000Fund first reported on Form ADVFundsFactElefund Fastly Fund, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 1, 2018Elefund Management Company, LLC first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 1, 2018Elefund, L.P. first reported on Form ADV by Elefund Management Company, LLC (Venture Capital Fund), GAV $14,552,439Fund first reported on Form ADVFundsFactElefund, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $161M across 8 vehicles
Evidence
45 observations from 3 sources