Angellist Advisors
How GPs manage their funds, investors invest in startups, and capital moves between them.
In the firm's own words, from its website.
3 additional team members, 310 additional investments, funds and LPs, 75 events, 2 verified contacts (2 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: 6 Nov 2025, $790K reported sold so far.
People to know
View all people- ManagerWhy: Named with investment responsibilityNo route on file yet
- ManagerWhy: Named with investment responsibilityNo route on file yet
- ManagerWhy: Named with investment responsibilityNo route on file yet
Relationship network
312 connected entities1 observed round
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.
- 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 Angellist Advisors: 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 Angellist Advisors
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
4 companies on record, 0 new in 12 months
Investments on record
What these amounts mean“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.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Roll Up Vehicles | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Firm website |
| USVC | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Firm website |
| Wellfound | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- fintech, edtech
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Team
6 current, 3 departed
Decision makers
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
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Manager
- Manager
- Manager
3 departed (kept with end dates)
- Brian Norgard · Manager · Oct 1, 2013 to Nov 4, 2021 Inference
- Kevin Laws · Manager · Jan 1, 2020 to Nov 4, 2021 Inference
- Weiheng Zhang · Manager · Sep 1, 2021 to Mar 31, 2022 Inference
Contacts
2 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
300 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV 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.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Julian-EA-1224 Fund I, a series of AngelList Funds 2024, LP | SPV or co-invest vehicle | 2025 form d first sale | Newly closed | $2.6M Jun 4, 2026 | 3 | $2.6M of $2.6M | Jan 22, 2025 |
| Kamal Ravikant Capital, LP - E2 | Fund | 2025 form d first sale | Newly closed | $1.3M Jun 4, 2026 | 53 | $1.0M of $1.4M | Jan 14, 2025 |
| ST-07211 Fund I, a series of Roll Up Vehicles, LP | SPV or co-invest vehicle | 2025 form d first sale | Newly closed | $789,999 Jun 4, 2026 | 16 | $790,000 of $790,000 | Nov 6, 2025 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Maclellan Foundation Inc | FOUNDATION | IR B Fund, a Series of Pathbreaker Spv, LP | $0 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| Maclellan Foundation Inc | FOUNDATION | Im5 Fund I, a Series of Roll Up Vehicles, LP | $500,000 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| Maclellan Foundation Inc | FOUNDATION | IR C, a Series of Pathbreaker Spv, LP | $124,000 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
Relationships across DFX
2 co-investors · on 3 other DFX graphs
Co-investors
Across DFX and the capital chainon 3 other DFX graphs · 3 capital paths ShowHide
- The same institution is held on Allocators, RIA and Wealth, Private Credit, matched by identifier. See which records
Angellist Advisors is the same institution as 3 records in Allocators, RIA and Wealth and Private Credit.
DFX found 3 relationships across 3 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…
Angellist Advisors sits on 3 traced paths of capital across the graphs.
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
80 dated events, 72 observations from 4 sources
Timeline
- Jun 4, 2026Lo-0219 Gaingels Fund I, a Series of Zachary Ginsburg Funds, LP first reported on Form ADV by Angellist Advisors (Venture Capital Fund), GAV $140,250Fund first reported on Form ADVFundsInferenceLO-0219 Gaingels Fund I, a series of Zachary Ginsburg Funds, LPForm ADV
- Jun 4, 2026Nu-0910 Fund II, a Series of Dvc, LP first reported on Form ADV by Angellist Advisors (Venture Capital Fund), GAV $111,775
- Jun 4, 2026Ar-1126 Fund I, a Series of Roll Up Vehicles, LP first reported on Form ADV by Angellist Advisors (Venture Capital Fund), GAV $378,030Fund first reported on Form ADVFundsInferenceAR-1126 Fund I, a series of Roll Up Vehicles, LPForm ADV
- Jun 4, 2026Anomaly-Sm-0910 Fund I, a Series of Angellist Funds 2025, LP first reported on Form ADV by Angellist Advisors (Venture Capital Fund), GAV $150,000Fund first reported on Form ADVFundsInferenceANOMALY-SM-0910 Fund I, a series of AngelList Funds 2025, LPForm ADV
- Jun 4, 202625-Pu-0102 Fund I, a Series of Angellist Funds 2024, LP first reported on Form ADV by Angellist Advisors (Venture Capital Fund), GAV $19,890Fund first reported on Form ADVFundsInference25-PU-0102 Fund I, a series of AngelList Funds 2024, LPForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Jun 4, 2026 · 22,277 private fundsShowHide
- Headquarters
- Wilmington, DEadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- angellist.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
- Jun 4, 2026
- Private funds reported
- 22,277 (22,277 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $19Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Classification history
Every classification this record has carried1 on recordShowHide
- Sep 12, 2026Syndicate platform (confirmed, 95%)Name or self-description says syndicate platform
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Jun 4, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Jun 4, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Jun 14, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Jun 4, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Jun 4, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Jun 14, 2024 | Fact | Form ADV |
| First Form ADV filing | 2013-05-23 | Jun 4, 2026 | Fact | Form ADV |
| First Form ADV filing | 2013-05-23 | Jun 14, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-06-04 | Jun 4, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-06-04 | Jun 4, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-06-14 | Jun 14, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Jun 4, 2026 | Fact | Form ADV |
| SEC status effective | 2013-05-23 | Jun 4, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Jun 4, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Jun 14, 2024 | Fact | Form ADV |
| Business phone | Jun 4, 2026 | Fact | Form ADV | |
| Business phone | Jun 14, 2024 | Fact | Form ADV | |
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 15, 2026 | Fact | ||
| Headquarters | Wilmington, DE | Jun 4, 2026 | Fact | Form ADV |
| Headquarters | San Francisco, CA | Jun 14, 2024 | Fact | Form ADV |
| Office address | Jun 4, 2026 | Fact | Form ADV | |
| Office address | Jun 14, 2024 | Fact | Form ADV | |
| Self-described type | Venture capital | Sep 16, 2026 | Fact | |
| Self-described type | Venture capital | Sep 15, 2026 | Fact | |
| Legal form | Limited Liability Company | Jun 4, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Jun 14, 2024 | Fact | Form ADV |
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 15, 2026 | Fact | ||
| Private funds reported | 22,277 | Jun 4, 2026 | Fact | Form ADV |
| Private funds reported | 22,277 | Jun 4, 2026 | Fact | Form ADV |
| Private funds reported | 18,331 | Jun 14, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $19B | Jun 4, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $19B | Jun 4, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $13B | Jun 14, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Sep 14, 2026 | Fact | Form ADV |
| Stated sectors | Fintech, edtech “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | Fintech, edtech “sector words on the home page” | Sep 15, 2026 | Fact | |
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 15, 2026 | Fact | ||
| Venture funds reported | 22,277 | Jun 4, 2026 | Fact | Form ADV |
| Venture funds reported | 22,277 | Jun 4, 2026 | Fact | Form ADV |
| Venture funds reported | 18,331 | Jun 14, 2024 | Fact | Form ADV |
| Website | Jun 14, 2024 | Fact | Form ADV | |
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 15, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersSyndicate platform, confirmedShowHide
Name or self-description says syndicate platform
- importance
- gav: 0.97 · funds: 1 · people: 0.2 · investments: 0.22 · co investors: 0.12
- active deployment
- investments 12m: 0 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
- emerging manager
- fund count: 19,612 · reported gav: $15B · first adv filing: 2013-05-23 · years since first filing: 13.4
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Fits
- score 14confidence 80%Why: activity; cap table
Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.
Record history
- Adviser's first ADV filing2013-05-23source 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.