SV Angel Management, LLC
Angel fund or group, based in San Francisco, California, reporting $1.3B of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
31 additional co-investors and affiliates, 19 additional investments, funds and LPs, 24 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
- 1 vehicleon Form D, 18 months
$665M reported sold so far.
A Form D is filed when a vehicle takes its first money, so these are open to LPs now.
- 5 companiesnew in 12 months
5 new companies in the last 12 months. Latest round Flow Engineering Series B ($50M round) on 30 Sep 2026.
A firm writing cheques this quarter is one a founder can pitch now.
- 2 dealswith General Catalyst
Invests most often alongside General Catalyst (2 shared deals) and Y Combinator (2 shared deals).
pair last observed on record 28 Apr 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
Relationship network
60 connected entities5 observed rounds2 repeat counterpartiesrounds 2025 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 SV Angel Management, LLC: 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 SV Angel Management, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
5 companies on record, 5 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 |
|---|---|---|---|---|---|---|---|
| Flow Engineering | Series B · Series B | participant | unknown | $50.0M | unknown | Sep 30, 2026 | Fact Press release |
| 24/7 Trading Platform, Liquid | Funding round | participant | unknown | $18.0M | unknown | Apr 28, 2026 | Fact Press release |
| OpenGradient | Funding round | participant | unknown | $9.5M | unknown | Apr 14, 2026 | Fact Press release |
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
1 current, 1 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
1 departed (kept with end dates)
- David Lee · Managing Member · Mar 1, 2010 to Jul 8, 2015 Inference
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
15 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 |
|---|---|---|---|---|---|---|---|
| SV Angel Ascent I, L.P. | Seed fund | 2025 form d first sale | Fundraising | $430M Mar 30, 2026 | 27 | $450M of $575M | Jun 12, 2026 |
| SV Angel Growth II, L.P. | Growth fund | 2025 form d first sale | Newly closed | $217M Mar 30, 2026 | 95 | $330M of $330M | Jan 22, 2025 |
| SVA AI Growth, L.P. | Growth fund | 2025 form d first sale | Newly closed | $215M Mar 30, 2026 | 3 | $215M of $215M | Jul 1, 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.Relationships across DFX
34 co-investors · on 1 other DFX graph
Co-investors
- 2026-04-282 shared deals · recurring · they led 1
- 2026-01-092 shared deals · recurring
- 2026-09-301 shared deal · one time
Across DFX and the capital chainon 1 other DFX graph ShowHide
- The same institution is held on RIA and Wealth, matched by identifier. See which records
SV Angel Management, LLC is the same institution as 1 record in RIA and Wealth.
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Evidence and history
29 dated events, 55 observations from 2 sources
Timeline
- Mar 30, 2026SV Angel Ascent I, LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $430,000,000
- Mar 30, 2026SV Angel Growth II, LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $216,938,838
- Mar 30, 2026SV Ai Growth, LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $215,175,289
- Mar 30, 2026SV Angel X LP first reported on Form ADV by SV Angel Management, LLC (Venture Capital Fund), GAV $25,554,232
- Jan 22, 2025SV Angel Management, LLC filed the first Form D for SV Angel X, L.P. (fund 10), its next fund after SV Angel Ix, LP (vintage 2022); offering $40.0M
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 15 private fundsShowHide
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.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, adviser total
- $1.3Badviserinfo.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, 2026Angel fund or group (confirmed, 95%)Name or self-description says angel
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 30, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 30, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 21, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 30, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 30, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 21, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-03-28 | Mar 30, 2026 | Fact | Form ADV |
| First Form ADV filing | 2012-03-28 | Mar 21, 2024 | 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 | 2026-03-30 | Mar 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-30 | Mar 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-21 | Mar 21, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 30, 2026 | Fact | Form ADV |
| SEC status effective | 2012-03-28 | Mar 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 21, 2024 | Fact | Form ADV |
| Business phone | Mar 30, 2026 | Fact | Form ADV | |
| Business phone | Mar 21, 2024 | Fact | Form ADV | |
| Headquarters | San Francisco, CA | Mar 30, 2026 | Fact | Form ADV |
| Headquarters | San Francisco, CA | Mar 21, 2024 | Fact | Form ADV |
| Office address | Mar 30, 2026 | Fact | Form ADV | |
| Office address | Mar 21, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Mar 30, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 21, 2024 | Fact | Form ADV |
| Private funds reported | 15 | Mar 30, 2026 | Fact | Form ADV |
| Private funds reported | 15 | Mar 30, 2026 | Fact | Form ADV |
| Private funds reported | 11 | Mar 21, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.3B | Mar 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.3B | Mar 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $491M | Mar 21, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Sep 23, 2026 | Fact | Form ADV |
| Venture funds reported | 15 | Mar 30, 2026 | Fact | Form ADV |
| Venture funds reported | 15 | Mar 30, 2026 | Fact | Form ADV |
| Venture funds reported | 11 | Mar 21, 2024 | Fact | Form ADV |
How this is scored
Scores, classification basis and filing advisersAngel fund or group, confirmedShowHide
Name or self-description says angel
- importance
- gav: 0.64 · funds: 1 · people: 0.04 · investments: 0.26 · co investors: 0.62
- active deployment
- investments 12m: 0.63 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-30
- emerging manager
- fund count: 20 · reported gav: $1.3B · first adv filing: 2012-03-28 · years since first filing: 14.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Fits
- score 34.3confidence 80%Why: stage fit; activity
- score 34.3confidence 80%Why: stage fit; activity
- score 34.3confidence 80%Why: stage fit; activity
+11 more scored matches
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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
- Merged in2026-09-13
- Adviser's first ADV filing2012-03-28source 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.