ABS Cp, Inc.

Institutional venture firmpart of ABS CapitalSEC venture capital fund adviser· Washington, District of ColumbiaABSCAPITAL.COM

Institutional venture firm, based in Washington, District of Columbia, reporting $718M of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$718M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
6
Latest vintage
2024
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

3 additional team members, 8 additional investments, funds and LPs, 1 event, 1 verified contact (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. Last change: 26 Mar 2026, A team member departed on 26 Mar 2026.

People to know

View all people
  • Managing Director, General Partner
    Why: General partner: carries the investment decision
    No route on file yet
  • Managing Director, Managing General Partner
    Why: General partner: carries the investment decision
    No route on file yet
  • Managing Director, Chairman, General Partner
    Why: General partner: carries the investment decision
    No route on file yet

Relationship network

19 connected entities2 observed roundsrounds 2012 to 2020

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
›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 ABS Cp, Inc.: 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 ABS Cp, Inc.

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

Investing

6 companies on record, 0 new in 12 months

Investments on record

6 companies, 2 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
SquadLockerForm D equity offeringunknown · boardMichael Brandon Avon (strongly supported)$24.5M
form d sold
unknownFeb 25, 2020Inference Form D
Renew Data CorpForm D equity offeringunknown · boardPhillip Anthony Clough (strongly supported)$4.0M
form d sold
unknownJun 7, 2012Inference Form D

Stated thesis versus observed behaviour

2 observed deals
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
not stated or not yet read
Geography
not stated
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 no observed dealsfollow-on rate 0%new companies, 12 months 0

Team

7 current, 13 departed

Decision makers

who to call first, and why; then everyone else by function
  • Calbraith Rodgers Wheaton · Managing Director, General Partner
    Why this person: General partner: carries the investment decision; Named with investment responsibility; Joined in Jun 2025
  • Michael Brandon Avon · Managing Director, Managing General Partner
    Why this person: General partner: carries the investment decision; Named with investment responsibility
  • Phillip Anthony Clough · Managing Director, Chairman, General Partner
    Why this person: General partner: carries the investment decision; Named with investment responsibility

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. 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

7 current, 13 departed
2 departed (kept with end dates)

Contacts

1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

6 vehicles, 0 LPs disclosed

Funds and vehicles

6 reported, 3 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
ABS Capital Partners Ix, LPFund2024 form d first saleEarly deployment$93.6M
Mar 26, 2026
34$88.0M
of $250M
Mar 20, 2025
Crlp Spv, LLCSPV or co-invest vehicle2024 adv first reportedEarly deployment$1.0M
Mar 29, 2024
8unknownunknown
ABS Capital Partners Viii, LPFund2015 form d first saleHarvest$254M
Mar 26, 2026
69$150M
of $400M
Jul 25, 2016

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

5 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Hawaii Employees' Retirement SystemSTATE RETIREMENT SYSTEMABS Capital Partners VII, LP$10.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure
Hawaii Employees' Retirement SystemSTATE RETIREMENT SYSTEMABS Capital Partners VI, LP$4.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure
Robert J Kleberg Jr and Helen C Kleberg FoundationFOUNDATIONABS Capital Partners VII, LP$370,557
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

3 co-investors · on 2 other DFX graphs

Co-investors

3 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 3 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

ABS Cp, Inc. is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 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…

Capital chain

ABS Cp, Inc. sits on 3 traced paths of capital across the graphs.

Allocator commitments to a manager

DFX traced 3 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

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

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

6 dated events, 46 observations from 2 sources

Timeline

6 dated events
  1. Mar 26, 2026
    Bion Knauer Ludwig (Managing Director, General Partner) no longer on Schedule A of ABS Cp, Inc.
    Person leftPeopleInferenceBion Knauer LudwigForm ADV
  2. Mar 29, 2024
    Crlp Spv, LLC first reported on Form ADV by ABS Cp, Inc. (Venture Capital Fund), GAV $1,000,000
    Fund first reported on Form ADVFundsFactCrlp Spv, LLCForm ADV
  3. Mar 17, 2023
    Ralph Steven Terkowitz (Managing Director, General Partner) no longer on Schedule A of ABS Cp, Inc.
    Person leftPeopleInferenceRalph Steven TerkowitzForm ADV
  4. Jan 1, 2023
    Jennifer Catherine Lee joined Schedule A of ABS Cp, Inc. as Managing Director, General Partner
    Person joinedPeopleFactJennifer Catherine LeeForm ADV
  5. Apr 1, 2021
    Bion Knauer Ludwig joined Schedule A of ABS Cp, Inc. as Managing Director, General Partner
    Person joinedPeopleFactBion Knauer LudwigForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 26, 2026 · 5 private fundsShow
Headquarters
Washington, DCadviserinfo.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 26, 2026
Private funds reported
5 (5 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$718Madviserinfo.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 $719M across 6 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $741M across 6 vehicles

Evidence

47 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 26, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 26, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 29, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 26, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 26, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 29, 2024FactForm ADV
First Form ADV filing2021-02-26Mar 26, 2026FactForm ADV
First Form ADV filing2021-02-26Mar 29, 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 filing2026-03-26Mar 26, 2026FactForm ADV
Latest Form ADV filing2026-03-26Mar 26, 2026FactForm ADV
Latest Form ADV filing2024-03-29Mar 29, 2024FactForm ADV
SEC statusERA - ActiveMar 26, 2026FactForm ADV
SEC status effective2021-02-26Mar 26, 2026FactForm ADV
Venture share of reported funds1Mar 26, 2026FactForm ADV
Venture share of reported funds1Mar 29, 2024FactForm ADV
Business phoneMar 26, 2026FactForm ADV
Business phoneMar 29, 2024FactForm ADV
HeadquartersWashington, DCMar 26, 2026FactForm ADV
HeadquartersWashington, DCMar 29, 2024FactForm ADV
Office addressMar 26, 2026FactForm ADV
Office addressMar 29, 2024FactForm ADV
Legal formCorporationMar 26, 2026FactForm ADV
Legal formCorporationMar 29, 2024FactForm ADV
Private funds reported5Mar 26, 2026FactForm ADV
Private funds reported5Mar 26, 2026FactForm ADV
Private funds reported6Mar 29, 2024FactForm ADV
Private fund gross assets (reported)$718MMar 26, 2026FactForm ADV
Private fund gross assets (reported)$718MMar 26, 2026FactForm ADV
Private fund gross assets (reported)$741MMar 29, 2024FactForm ADV
Schedule a diffsadiff-1Mar 26, 2026FactForm ADV
Venture funds reported5Mar 26, 2026FactForm ADV
Venture funds reported5Mar 26, 2026FactForm ADV
Venture funds reported6Mar 29, 2024FactForm ADV
WebsiteMar 26, 2026FactForm ADV
WebsiteMar 29, 2024FactForm ADV
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmed · 2 filing advisers share this firmShow
Importance
40
elevated
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $719M across 6 vehicles

One of 2 advisers that share abscapital.com; the firm is ABS Capital. ABS Capital Partners, Inc.. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: 0.56 · funds: 0.75 · people: 0.44 · investments: 0.11 · 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: 9 · reported gav: $718M · first adv filing: 2021-02-26 · years since first filing: 5.6

Fits, record history and connections

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

Record history

1 identity change, 1 dated event on the change ledger, latest event first
  • Grouped with firm
    2026-09-12
  • Adviser's first ADV filing
    2021-02-26source 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.