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 / Ignition Capital
Ignition Capital
Growth investorBellevue, WApartners.ignitionpartners.comSEC venture capital fund adviserpart of Ignition Partners
One of 3 advisers that share partners.ignitionpartners.com; the firm is Ignition Partners. Ignition Partners, Ignition Ventures. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
growth or late-stage vehicles only
Importance
9
low
Active deployment
0
low
Emerging
0
low
Completeness
63
high
Freshness
99
high
Research priority
2
low
Identity and regulatory footprint
- Headquarters
- Bellevue, WAadviserinfo.sec.gov
- Office address
- 11100 NE 8TH STREET, SUITE 200, Bellevue, WA, 98004adviserinfo.sec.gov
- Business phone
- 425-709-0772adviserinfo.sec.gov
- 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
- Dec 19, 2024
- Private funds reported
- 2 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $23.4Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 425-709-0772adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 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: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
Other 100%
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
2 reported, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Ignition Growth Capital I, LP | Growth fund | unknown | Unknown | $22.9M Dec 19, 2024 | 40 | unknown | unknown |
| Ignition Growth Capital Managing Directors Fund I, LLC | Growth fund | unknown | Unknown | $510,000 Dec 19, 2024 | 18 | unknown | unknown |
| IGC Cayman Holdings, LP | Feeder or parallel | 2020 adv first reported | Wound down | $4.0M Mar 30, 2021 | 29 | 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
3 current, 2 departed
John Zagula
PartnerManaging Director · since Sep 1, 2007
JON Anderson
PartnerManaging Director · since Sep 1, 2007
Ryan Kendall Baker
Platform and operationsAdministrative Partner And Cfo · since Jul 1, 2015
2 departed (kept with end dates)
- Rich Tong · Managing Director · Sep 1, 2007 to Mar 30, 2016 Inference
- John Patrick Ferry · Chief Financial Officer · Oct 1, 2007 to Mar 24, 2015 Inference
Investments on record
1 edges, 1 companies, 1 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Pipe17, Inc. | board seat | unknown · board | John Zagula (strongly supported) | unknown | unknown | Feb 3, 2025 | Inference SEC EDGAR Form D data sets (quarterly) |
“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
38 relationships from shared deals, counted for the whole firm
Glynn Capital Management, LLC 3 shared · recurringDAG Ventures 2 shared · recurringCRV, LLC 2 shared · recurringMadrona Venture Group, LLC 2 shared · recurringNelstone Ventures Advisors 2 shared · recurringFloodgate 1 shared · one timeArrowroot Capital Management, LLC 1 shared · one timeG20 Capital Management, LLC 1 shared · one timeFoundry Group, LLC 1 shared · one timeHeadline 1 shared · one timeCross Creek Advisors, LLC 1 shared · one timeAccel 1 shared · one timeTrez Capital Fund Management Limited Partnership 1 shared · one timeCanaan Partners 1 shared · one timeCausation Ventures, L.L.C. 1 shared · one timePropel Venture Partners Management Co. 1 shared · one timeCoatue Management, L.L.C. 1 shared · one timePruven Management Company, LLC 1 shared · one timeStorm Ventures 1 shared · one timeAIR Street Capital II LP 1 shared · one timeCervin Ventures Management, LLC 1 shared · one timeAcequia Capital Management LLC 1 shared · one timeHummingbird Ventures V US GP LLC 1 shared · one timeThompson Hutton, LLC 1 shared · one timeBlumberg Capital, L.L.C. 1 shared · one timeOCA Ventures, LLC 1 shared · one timeTanglin Venture Partners Pte. Ltd. 1 shared · one timeTA Associates 1 shared · one timeSapphire Ventures, LLC 1 shared · one timeQED Investors, LLC 1 shared · one timeWestriver Management, LLC 1 shared · one timeCentana Management, LLC 1 shared · one timeCore Venture Capital 1 shared · one timeMission Biocapital 1 shared · one timeUpslope Venture Fund I, LLC 1 shared · one timeDRAPER ASSOCIATES 1 shared · one timeAIF Management LLC 1 shared · one timeSOZO VENTURES 1 shared · one time
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
9 dated events
- Mar 25, 2022IGC Cayman Holdings, LP no longer reported on Form ADV by Ignition CapitalFund no longer reportedFundsInferenceIGC Cayman Holdings, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2020IGC Cayman Holdings, LP first reported on Form ADV by Ignition Capital (Venture Capital Fund), GAV $16,510,000Fund first reported on Form ADVFundsFactIGC Cayman Holdings, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2016Rich Tong (Managing Director) no longer on Schedule A of Ignition Capital
- Jul 1, 2015Ryan Kendall Baker joined Schedule A of Ignition Capital as Chief Financial Officer
- Mar 24, 2015John Patrick Ferry (Chief Financial Officer) no longer on Schedule A of Ignition Capital
- Feb 14, 2012Ignition Capital first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 14, 2012Ignition Growth Capital Managing Directors Fund I, LLC first reported on Form ADV by Ignition Capital (Venture Capital Fund), GAV $3,658,000Fund first reported on Form ADVFundsFactIgnition Growth Capital Managing Directors Fund I, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 14, 2012Ignition Growth Capital I, LP first reported on Form ADV by Ignition Capital (Venture Capital Fund), GAV $272,321,000Fund first reported on Form ADVFundsFactIgnition Growth Capital I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Oct 1, 2007John Patrick Ferry joined Schedule A of Ignition Capital as Chief Financial Officer
Classification history
- Sep 12, 2026Growth investor (confirmed, 95%, cls-1)growth or late-stage vehicles only
Evidence
30 observations from 2 sources