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 / SV Angel Management, LLC
SV Angel Management, LLC
Angel fund or groupSan Francisco, CASEC venture capital fund adviserfundraising evidence
name or self-description says angel
Importance
38
elevated
Active deployment
75
high
Emerging
0
low
Completeness
50
elevated
Freshness
98
high
Research priority
28
moderate
Identity and regulatory footprint
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- 950 MASON STREET, #1299, San Francisco, CA, 94108adviserinfo.sec.gov
- Business phone
- 650-799-6544adviserinfo.sec.gov
- Website
- unknown
- 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 30, 2026
- Private funds reported
- 15 (15 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $1.3Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 650-799-6544adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
4 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
seed 100%
Stage at first entry
seed 100%
Sectors
unknown 100%
lead rate 0%follow-on rate 0%new logos, 12 months 4
Funds and vehicles
15 reported, 5 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| SV Angel Ascent I, L.P. | Seed fund | 2025 form d first sale | Fundraising | unknown | unknown | $450M of $575M | Jun 12, 2026 |
| SV Angel Growth II, L.P. | Growth fund | 2025 form d first sale | Newly closed | unknown | unknown | $330M of $330M | Jan 22, 2025 |
| SVA AI Growth, L.P. | Growth fund | 2025 form d first sale | Newly closed | unknown | unknown | $215M of $215M | Jul 1, 2025 |
| SV Angel X, L.P. | Seed fund | 2025 form d first sale | Newly closed | unknown | unknown | $40.0M of $40.0M | Jan 22, 2025 |
| SV Angel Ix, LP | Seed fund | 2023 adv first reported | Active deployment | $39.0M Mar 21, 2024 | 1 | $0 of $40.0M | Sep 20, 2022 |
| SV Angel Growth I, LP | Growth fund | 2022 form d first sale | Active deployment | $261M Mar 21, 2024 | 127 | $269M of $269M | Mar 3, 2022 |
| SV Angel Viii LP | Seed fund | 2021 adv first reported | Mature | $26.9M Mar 21, 2024 | 8 | $0 of $30.0M | Jul 16, 2020 |
| SV Angel VII, LP | Seed fund | 2020 adv first reported | Mature | $18.3M Mar 21, 2024 | 2 | unknown | unknown |
| SV Angel VI LP | Seed fund | 2016 form d first sale | Harvest | $43.4M Mar 21, 2024 | 120 | $53.1M of $53.1M | Nov 22, 2016 |
| SV Angel V LP | Seed fund | 2015 adv first reported | Harvest | $49.0M Mar 21, 2024 | 188 | $0 of $70.0M | Jul 14, 2014 |
| SV Angel IV LP | Seed fund | 2013 adv first reported | Harvest | $17.2M Mar 21, 2024 | 75 | $0 of $40.0M | Aug 30, 2012 |
| SV Angel III, LP | Seed fund | 2011 form d first sale | Harvest | $24.7M Mar 21, 2024 | 84 | $11.7M of $40.0M | May 4, 2011 |
| SV Angel Ii-Q, LP | Seed fund | 2010 form d first sale | Harvest | $4.8M Mar 21, 2024 | 123 | $22.8M of $30.0M | Oct 15, 2010 |
| SV Angel II, LP | Seed fund | 2010 form d first sale | Harvest | $818,019 Mar 21, 2024 | 24 | $22.8M of $30.0M | Oct 15, 2010 |
| SV Angel Iii-A, LP | Seed fund | unknown | Unknown | $6.1M Mar 21, 2024 | 13 | unknown | unknown |
| Palma Investments II, LP | Fund | 2016 adv first reported | Wound down | $174,245 Mar 23, 2020 | 46 | unknown | unknown |
| Palma Investments, LP | Fund | 2015 adv first reported | Wound down | $41,353 Mar 23, 2020 | 68 | unknown | unknown |
| SV Angel Iii-Growth P LP | Growth fund | 2013 adv first reported | Wound down | $30.1M Mar 28, 2013 | 67 | unknown | unknown |
| SV Angel Iii-Growth LP | Growth fund | 2013 adv first reported | Wound down | $6.2M Mar 28, 2013 | 9 | unknown | unknown |
| SV Angel Iii-Growth D LP | Growth fund | 2013 adv first reported | Wound down | $4.6M Mar 28, 2013 | 7 | 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, 1 departed
Ron Conway
Managing partnerManaging Member · since Jun 1, 2015
1 departed (kept with end dates)
- David Lee · Managing Member · Mar 1, 2010 to Jul 8, 2015 Inference
Investments on record
4 edges, 4 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| 24/7 Trading Platform, Liquid | Funding round | participant | unknown | $18.0M | unknown | Apr 28, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
| OpenGradient | Funding round | participant | unknown | $9.5M | unknown | Apr 14, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
| Corgi Insurance | Funding round | participant | unknown | $108M | unknown | Jan 9, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
| Vulcan Technologies | Seed Round · Seed | participant | unknown | $10.9M | unknown | Oct 9, 2025 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
“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
28 relationships from shared deals, counted for the whole firm
General Catalyst 2 shared · recurring · they led 1Y Combinator 2 shared · recurringNeo 1 shared · one time · they led 1Haun Ventures Management LP 1 shared · one timeK5 Global 1 shared · one timeLeft Lane Capital 1 shared · one time · they led 1AntiFund 1 shared · one timeSymbolic Capital 1 shared · one timeForesight Ventures 1 shared · one timeBlack Dragon 1 shared · one timeCoinbase Ventures 1 shared · one timeIllia Polosukhin 1 shared · one timeSalt Fund Management LLC 1 shared · one timeCanonical Crypto 1 shared · one timeBalaji Srinivasan 1 shared · one timeSandeep Nailwal 1 shared · one timePragma Ventures LLC 1 shared · one timeRyan Watkins 1 shared · one timeCelestia 1 shared · one timeBruno Faviero 1 shared · one timeDaniel Cheung 1 shared · one timeContrary LLC 1 shared · one timeCarte Verte Management LLC 1 shared · one timeOliver Jung 1 shared · one timeA* 1 shared · one timeChief Oil 1 shared · one timeLiquid 2 Ventures, LLC 1 shared · one timeCubit Capital 1 shared · one time · they led 1
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
24 dated events
- Mar 28, 2023SV Angel Growth I, LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $265,235,041Fund first reported on Form ADVFundsFactSV Angel Growth I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2023SV Angel Ix, LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $2,164,889Fund first reported on Form ADVFundsFactSV Angel Ix, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 22, 2021SV Angel Viii LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $26,044,259Fund first reported on Form ADVFundsFactSV Angel Viii LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 22, 2021Palma Investments, LP no longer reported on Form ADV by SV Angel Management, LLCFund no longer reportedFundsInferencePalma Investments, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 22, 2021Palma Investments II, LP no longer reported on Form ADV by SV Angel Management, LLCFund no longer reportedFundsInferencePalma Investments II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2020SV Angel VII, LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $2,307,470Fund first reported on Form ADVFundsFactSV Angel VII, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2017SV Angel VI LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $12,737,422Fund first reported on Form ADVFundsFactSV Angel VI LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2016Palma Investments II, LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $61,194,693Fund first reported on Form ADVFundsFactPalma Investments II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 8, 2015David Lee (Managing Member) no longer on Schedule A of SV Angel Management, LLC
- Jun 1, 2015RON Conway joined Schedule A of SV Angel Management, LLC as Managing Member
- Mar 19, 2015SV Angel V LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $34,961,181Fund first reported on Form ADVFundsFactSV Angel V LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 19, 2015Palma Investments, LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $89,216,683Fund first reported on Form ADVFundsFactPalma Investments, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2014SV Angel Iii-Growth D LP no longer reported on Form ADV by SV Angel Management, LLCFund no longer reportedFundsInferenceSV Angel Iii-Growth D LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2014SV Angel Iii-Growth LP no longer reported on Form ADV by SV Angel Management, LLCFund no longer reportedFundsInferenceSV Angel Iii-Growth LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2014SV Angel Iii-Growth P LP no longer reported on Form ADV by SV Angel Management, LLCFund no longer reportedFundsInferenceSV Angel Iii-Growth P LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2013SV Angel IV LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $40,733,666Fund first reported on Form ADVFundsFactSV Angel IV LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2013SV Angel Iii-Growth D LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $4,598,292Fund first reported on Form ADVFundsFactSV Angel Iii-Growth D LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2013SV Angel Iii-Growth P LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $30,101,000Fund first reported on Form ADVFundsFactSV Angel Iii-Growth P LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2013SV Angel Iii-Growth LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $6,158,188Fund first reported on Form ADVFundsFactSV Angel Iii-Growth LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2012SV Angel Iii-A, LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $6,706,000Fund first reported on Form ADVFundsFactSV Angel Iii-A, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2012SV Angel Ii-Q, LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $34,570,700Fund first reported on Form ADVFundsFactSV Angel Ii-Q, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2012SV Angel III, LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $33,840,141Fund first reported on Form ADVFundsFactSV Angel III, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2012SV Angel II, LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $2,544,518Fund first reported on Form ADVFundsFactSV Angel II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2012SV Angel Management, 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)
Classification history
- Sep 12, 2026Angel fund or group (confirmed, 95%, cls-1)name or self-description says angel
Evidence
41 observations from 2 sources