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 / Citta Capital Management, LLC
Citta Capital Management, LLC
Citta Capital is a venture capital firm based in Palo Alto, California investing in early-stage AI/ML, SaaS, healthcare tech, and deep tech companies.
both early and growth/opportunity families, reported GAV $51M
Importance
21
moderate
Active deployment
55
elevated
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
16
moderate
Identity and regulatory footprint
- Headquarters
- unknown
- Office address
- unknown
- Business phone
- 650-623-7356adviserinfo.sec.gov
- Website
- https://cittacapital.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
- Mar 11, 2026
- Private funds reported
- 3 (3 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $51.4Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Banyan Pacific Capital Management Limited (Member), B
- business phone
- 650-623-7356adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
15 observed deals
Stated (the firm’s website)
- Sectors
- ai, enterprise software, healthcare, marketplaces, hardware, robotics, crypto
- Stages
- growth, early
- Geography
- global
- 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 80%Other 13%Other Health Care 7%
lead rate n/afollow-on rate n/anew logos, 12 months 14
Funds and vehicles
3 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Citta Capital Emerging Tech LLC | Fund | 2024 adv first reported | Early deployment | $1.0M Mar 11, 2024 | 2 | unknown | unknown |
| Citta Capital Growth Opportunity LLC | Opportunity fund | 2024 adv first reported | Early deployment | $350,000 Mar 11, 2024 | 4 | unknown | unknown |
| Citta Capital, LP | Fund | unknown | Unknown | $50.0M Mar 11, 2024 | 2 | 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
1 current, 0 departed
JIM Mao
Managing partnerManaging Member · since Jan 1, 2020
Investments on record
15 edges, 15 companies, 1 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
8 relationships from shared deals, counted for the whole firm
Storm Ventures 1 shared · one timePathlight Management III, LLC 1 shared · one timeE14 Management, LLC 1 shared · one timeEden Road Capital, LLC 1 shared · one timeSprig Equity Management, LLC 1 shared · one timeAmplify Partners 1 shared · one timeCatalio Capital Management, LP 1 shared · one timeEngine Ventures 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
4 dated events
- Mar 11, 2024Citta Capital Emerging Tech LLC first reported on Form ADV by Citta Capital Management, LLC (Venture Capital Fund), GAV $1,000,000Fund first reported on Form ADVFundsFactCitta Capital Emerging Tech LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 11, 2024Citta Capital Growth Opportunity LLC first reported on Form ADV by Citta Capital Management, LLC (Venture Capital Fund), GAV $350,000Fund first reported on Form ADVFundsFactCitta Capital Growth Opportunity LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 25, 2022Citta Capital Management, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 25, 2022Citta Capital, LP first reported on Form ADV by Citta Capital Management, LLC (Venture Capital Fund), GAV $50,000,000Fund first reported on Form ADVFundsFactCitta Capital, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%, cls-1)both early and growth/opportunity families, reported GAV $51M
Evidence
44 observations from 3 sources