Dcvc Bio
Multi-stage venture firm, based in Palo Alto, California, reporting $1.0B of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
4 additional team members, 37 additional co-investors and affiliates, 1 additional investment, fund or LP, 5 events, 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.
What matters now
- 5 dealswith Y Combinator
Invests most often alongside Y Combinator (5 shared deals) and Sequoia Capital (4 shared deals).
pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.
Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →
People to know
View all people- Managing MemberWhy: Named with investment responsibilityNo route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
Relationship network
20 connected entities6 observed rounds2 repeat counterpartiesrounds 2018 to 2026
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 Dcvc Bio: 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 Dcvc Bio
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
179 companies on record, 3 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 |
|---|---|---|---|---|---|---|---|
| AgZen | Series B · Series B | participant | Justin Kern (confirmed) | $10.0M | unknown | Mar 13, 2026 | Fact Press release |
| Empirico | Form D equity offering | unknown · board | John Hamer (strongly supported) | $45.2M form d sold | unknown | Mar 23, 2023 | Inference Form D |
| Avicenna Biosciences, Inc. | Form D equity offering | unknown · board | John Hamer (strongly supported) | $3.0M form d sold | unknown | Dec 30, 2022 | Inference Form D |
Stated thesis versus observed behaviour
- 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
Team
45 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.- Managing Member · 5 deals attributed
- Managing Member
- Managing Member
2 departed (kept with end dates)
- Jocelyn Marie Serrescooke · Chief Financial Officer · Mar 1, 2018 to Mar 29, 2019 Inference
- Scott James · General Counsel · Aug 1, 2018 to Mar 31, 2023 Inference
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
4 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 |
|---|---|---|---|---|---|---|---|
| Dcvc Bio III, L.P. | Fund | 2024 adv first reported | Early deployment | $381M Mar 31, 2026 | 45 | $0 of $400M | Sep 28, 2023 |
| Dcvc Bio Opportunity Fund, L.P. | Opportunity fund | 2022 adv first reported | Active deployment | $125M Mar 31, 2026 | 34 | $0 of $350M | Nov 18, 2021 |
| Dcvc Bio II, L.P. | Fund | 2020 form d first sale | Mature | $289M Mar 31, 2026 | 34 | $350M of $350M | Aug 4, 2020 |
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 |
|---|---|---|---|---|---|
| Dhanam Foundation | FOUNDATION | Dcvc Bio II, L.P. | $1.3M 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
107 co-investors · on 2 other DFX graphs
Co-investors
- 2026-10-015 shared deals · strong
- 2026-10-014 shared deals · strong
- 2026-09-304 shared deals · strong
Compare portfolios with Y Combinator, Sequoia Capital, 137 Ventures Management, LLC or any firm. Co-investors across the market
Across DFX and the capital chainon 2 other DFX graphs · 1 capital path ShowHide
- The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Dcvc Bio is the same institution as 2 records in Allocators and RIA and Wealth.
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…
Dcvc Bio sits on 1 traced path of capital across the graphs.
DFX traced 1 path 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
10 dated events, 50 observations from 3 sources
Timeline
- seen on or beforeSep 15, 2026Dcvc Bio: INSTITUTIONAL_VC -> MULTI_STAGE_VC (both early and growth/opportunity families, reported GAV $1,198M)Classification changedClassificationInference
- Mar 29, 2024Dcvc Bio III, L.P. first reported on Form ADV by Dcvc Bio (Venture Capital Fund), GAV $338,504,267
- Mar 31, 2023Scott James (General Counsel) no longer on Schedule A of Dcvc Bio
- Sep 1, 2022Ryan T Ward joined Schedule A of Dcvc Bio as Chief Legal Officer
- Mar 29, 2022Dcvc Bio Opportunity Fund, L.P. first reported on Form ADV by Dcvc Bio (Venture Capital Fund), GAV $165,668,056
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 4 private fundsShowHide
- Headquarters
- Palo Alto, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- dcvc.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 31, 2026
- Private funds reported
- 4 (4 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $1.0Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- JNK Capital Management, LLC (Member), owns 50% to 75%; ZNM Capital Management, LLC (Member), owns 50% to 75%
Classification history
Classification history
Every classification this record has carried3 on recordShowHide
- Sep 23, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $1.0B
- Sep 15, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $1.2B
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $857M across 3 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 29, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 29, 2024 | Fact | Form ADV |
| First Form ADV filing | 2018-06-19 | Mar 31, 2026 | Fact | Form ADV |
| First Form ADV filing | 2018-06-19 | Mar 29, 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 | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-29 | Mar 29, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 31, 2026 | Fact | Form ADV |
| SEC status effective | 2018-06-19 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 29, 2024 | Fact | Form ADV |
| Business phone | Mar 31, 2026 | Fact | Form ADV | |
| Business phone | Mar 29, 2024 | Fact | Form ADV | |
| Headquarters | Palo Alto, CA | Mar 31, 2026 | Fact | Form ADV |
| Headquarters | Palo Alto, CA | Mar 29, 2024 | Fact | Form ADV |
| Office address | Mar 31, 2026 | Fact | Form ADV | |
| Office address | Mar 29, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Mar 31, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 29, 2024 | Fact | Form ADV |
| Private funds reported | 4 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 4 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 4 | Mar 29, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.0B | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.0B | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.2B | Mar 29, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 4 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 4 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 4 | Mar 29, 2024 | Fact | Form ADV |
| Website | Mar 29, 2024 | Fact | Form ADV |
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmed · 2 filing advisers share this firmShowHide
Both early and growth/opportunity families, reported GAV $1.0B
One of 2 advisers that share dcvc.com; the firm is DCVC. Dcvc. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
- importance
- gav: 0.61 · funds: 0.33 · people: 0.36 · investments: 0.29 · co investors: 0
- active deployment
- investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-03-13
- emerging manager
- fund count: 4 · reported gav: $1.0B · first adv filing: 2018-06-19 · years since first filing: 8.3
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Organization classification changed2026-09-15
- Grouped with firm2026-09-12
- Adviser's first ADV filing2018-06-19source 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.