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 / Practical Vc Investment Advisor, LLC

Practical Vc Investment Advisor, LLC

CandidateUSpracticalvc.comSEC exempt reporting adviser

PVC is the authority on venture secondaries. Track top private companies, access curated research, and explore the secondary market ecosystem.

no sworn venture fact yet (name or round mention only)

Importance
28
moderate
Active deployment
0
low
Emerging
0
low
Completeness
44
elevated
Freshness
100
high
Research priority
8
low
Identity and regulatory footprint
Headquarters
unknown
Office address
unknown
Business phone
650-996-6213adviserinfo.sec.gov
SEC adviser type
exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
private fund adviseradviserinfo.sec.gov
Latest Form ADV
Mar 6, 2026
Private funds reported
12 (0 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$123Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
business phone
650-996-6213adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
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
Self-described
venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
12 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
PVC Secondary Fund 2, LPFundunknownUnknown$71.7M
Sep 12, 2026
99$0Dec 9, 2021
PVC Secondary Fund 3, LPFundunknownUnknown$13.4M
Sep 12, 2026
30$0Sep 12, 2024
Practical Vc - Flash 2a, Lp/californiaFundunknownUnknown$11.6M
Sep 12, 2026
53$0Apr 14, 2021
Practical Vc - Flash 1a, LPFundunknownUnknown$9.5M
Sep 12, 2026
29$0Mar 11, 2020
Practical Vc - Quakemaster 1b, LPFundunknownFundraising$5.1M
Sep 12, 2026
16$0Sep 12, 2025
Practical Vc - Flash 1c, LPFundunknownUnknown$4.5M
Sep 12, 2026
32$0Oct 7, 2020
Practical Vc - Captain Universe 1a, LPFundunknownUnknown$1.8M
Sep 12, 2026
6$0Apr 22, 2021
Practical Vc - Flash 2d, LPFundunknownUnknown$1.7M
Sep 12, 2026
1unknownunknown
Practical Vc - Flash 3a, LPFundunknownUnknown$1.6M
Sep 12, 2026
1$0Jan 19, 2022
Practical Vc - Flash 2b, LPFundunknownUnknown$1.2M
Sep 12, 2026
9$0Apr 20, 2021
Practical Vc - Flash 1b, LPFundunknownUnknown$865,564
Sep 12, 2026
9$0May 21, 2020
Practical Vc - Green Lantern 1a, LPFundunknownUnknown$285,098
Sep 12, 2026
1unknownunknown
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
2 current, 0 departed
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
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
12 dated events
  1. Sep 12, 2026
    PVC Secondary Fund 2, LP first reported on Form ADV by Practical Vc Investment Advisor, LLC, GAV $71,727,883
  2. Sep 12, 2026
    Practical Vc - Quakemaster 1b, LP first reported on Form ADV by Practical Vc Investment Advisor, LLC, GAV $5,100,000
  3. Sep 12, 2026
    Practical Vc - Green Lantern 1a, LP first reported on Form ADV by Practical Vc Investment Advisor, LLC, GAV $285,098
  4. Sep 12, 2026
    Practical Vc - Flash 3a, LP first reported on Form ADV by Practical Vc Investment Advisor, LLC, GAV $1,560,612
  5. Sep 12, 2026
    Practical Vc - Flash 2d, LP first reported on Form ADV by Practical Vc Investment Advisor, LLC, GAV $1,736,114
  6. Sep 12, 2026
    Practical Vc - Flash 2b, LP first reported on Form ADV by Practical Vc Investment Advisor, LLC, GAV $1,175,891
  7. Sep 12, 2026
    Practical Vc - Flash 2a, Lp/california first reported on Form ADV by Practical Vc Investment Advisor, LLC, GAV $11,568,693
  8. Sep 12, 2026
    Practical Vc - Flash 1c, LP first reported on Form ADV by Practical Vc Investment Advisor, LLC, GAV $4,469,519
  9. Sep 12, 2026
    Practical Vc - Flash 1b, LP first reported on Form ADV by Practical Vc Investment Advisor, LLC, GAV $865,564
  10. Sep 12, 2026
    Practical Vc - Flash 1a, LP first reported on Form ADV by Practical Vc Investment Advisor, LLC, GAV $9,523,092
  11. Sep 12, 2026
    Practical Vc - Captain Universe 1a, LP first reported on Form ADV by Practical Vc Investment Advisor, LLC, GAV $1,847,815
  12. Aug 17, 2021
    Practical Vc Investment Advisor, LLC appears on the SEC adviser roster (ERA)
Classification history
  1. Sep 12, 2026
    Candidate (candidate, 50%, cls-1)
    no sworn venture fact yet (name or round mention only)
Evidence
25 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedname_ventureMar 6, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedprivate_fund_adviserMar 6, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeexempt_reporting_adviserMar 6, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Latest Form ADV filing2026-03-06Mar 6, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Adv pdf loadedadv-pdf-1Sep 12, 2026FactIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
SEC statusERA - ActiveMar 6, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC status effective2021-08-17Mar 6, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Business phone650-996-6213Mar 6, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Contact page urlhttps://practicalvc.com/contact
contact page linked from the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionPVC is the authority on venture secondaries. Track top private companies, access curated research, and explore the secondary market ecosystem.
meta description
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionPVC is the authority on venture secondaries. Track top private companies, access curated research, and explore the secondary market ecosystem.
meta description
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Self-described typeventure_capital
Practical Venture Capital | Venture Secondary Intelligence
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Self-described typeventure_capital
Practical Venture Capital | Venture Secondary Intelligence
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Legal formLimited Liability CompanyMar 6, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
PE funds reported12Mar 6, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Portfolio pagehttps://practicalvc.com/portfolio
0 entries read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Portfolio pagehttps://practicalvc.com/portfolio
0 entries read
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Private funds reported12Mar 6, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private fund gross assets (reported)$123MMar 6, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Team pagehttps://practicalvc.com/team
0 name/title pairs read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://practicalvc.com/team
0 name/title pairs read
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported0Mar 6, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Websitehttps://practicalvc.com/Mar 6, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Site titlePractical Venture Capital | Venture Secondary Intelligence
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titlePractical Venture Capital | Venture Secondary Intelligence
title tag
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)