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 / Flywheel Ventures, LLC

Flywheel Ventures, LLC

Micro VC · probableSanta Fe, NMflywheelventures.comSEC exempt reporting adviser

venture manager, reported GAV $13.5M across 3 vehicles

Importance
10
low
Active deployment
0
low
Emerging
0
low
Completeness
56
elevated
Freshness
100
high
Research priority
2
low
Identity and regulatory footprint
Headquarters
Santa Fe, NMadviserinfo.sec.gov
Office address
441 GREG AVENUE, Santa Fe, NM, 87501adviserinfo.sec.gov
Business phone
505-225-1618adviserinfo.sec.gov
SEC adviser type
exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Feb 13, 2024
Private funds reported
3 (3 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$13.5Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
business email
contact@flywheel.vcflywheel.vcpublished by the subject
business phone
505-225-1618adviserinfo.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
pre seed, seed, early
Geography
bay area
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: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
3 reported, 3 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Flywheel Opportunity Fund II, LPOpportunity fund2022 adv first reportedActive deployment$3.7M
Feb 13, 2024
21$0Jul 30, 2021
Flywheel II, LPFund2010 form d first saleHarvest$9.4M
Feb 13, 2024
55$8.7MDec 19, 2013
Flywheel Capital, LLCFundunknownUnknown$387,000
Feb 13, 2024
10unknownunknown
Flywheel I, LPFundunknownWound down$13.6M
Jan 31, 2019
62unknownunknown
NEW Mexico Gap Fund I, LPFundunknownWound down$517,442
Mar 31, 2021
8unknownunknown
Flywheel I-Nmsbic, LPFundunknownWound down$20,809
Mar 28, 2017
2unknownunknown
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
11 dated events
  1. Mar 31, 2022
    Flywheel Opportunity Fund II, LP first reported on Form ADV by Flywheel Ventures, LLC (Venture Capital Fund), GAV $2,359,603
  2. Mar 31, 2022
    NEW Mexico Gap Fund I, LP no longer reported on Form ADV by Flywheel Ventures, LLC
  3. Mar 28, 2020
    Flywheel I, LP no longer reported on Form ADV by Flywheel Ventures, LLC
  4. Mar 21, 2018
    Flywheel I-Nmsbic, LP no longer reported on Form ADV by Flywheel Ventures, LLC
  5. Mar 29, 2012
    Flywheel Capital, LLC first reported on Form ADV by Flywheel Ventures, LLC (Venture Capital Fund), GAV $296,000
  6. Mar 29, 2012
    Flywheel Ventures, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
  7. Mar 29, 2012
    Flywheel I-Nmsbic, LP first reported on Form ADV by Flywheel Ventures, LLC (Venture Capital Fund), GAV $435,925
  8. Mar 29, 2012
    Flywheel I, LP first reported on Form ADV by Flywheel Ventures, LLC (Venture Capital Fund), GAV $32,973,344
  9. Mar 29, 2012
    Flywheel II, LP first reported on Form ADV by Flywheel Ventures, LLC (Venture Capital Fund), GAV $6,886,546
  10. Mar 29, 2012
    NEW Mexico Gap Fund I, LP first reported on Form ADV by Flywheel Ventures, LLC (Venture Capital Fund), GAV $740,267
  11. Oct 1, 2005
    Marez Paula joined Schedule A of Flywheel Ventures, LLC as Director Of Finance
Classification history
  1. Sep 15, 2026
    Micro VC (probable, 80%, cls-1)
    venture manager, reported GAV $13.5M across 3 vehicles
  2. Sep 12, 2026
    Micro VC (probable, 80%, cls-1)
    venture manager, reported GAV $4.1M across 2 vehicles
Evidence
44 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeexempt_reporting_adviserFeb 13, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2012-03-29Feb 13, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2024-02-13Feb 13, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Venture share of reported funds1Feb 13, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone505-225-1618Feb 13, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
HeadquartersSanta Fe, NMFeb 13, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address441 GREG AVENUE, Santa Fe, NM, 87501Feb 13, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Legal formLimited Liability PartnershipFeb 13, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private funds reported3Feb 13, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$13.5MFeb 13, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Stated geographybay area
geography words on the home page
Sep 17, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographybay area
geography words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographybay area
geography words on the home page
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated stagespre_seed,seed,early
stage words on the home page
Sep 17, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated stagespre_seed,seed,early
stage words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated stagespre_seed,seed,early
stage words on the home page
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported3Feb 13, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
WebsiteHTTPS://WWW.FLYWHEELVENTURES.COM
re-picked from Schedule D 1.I by name
Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
WebsiteHTTPS://WWW.FLYWHEEL.VCFeb 13, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Website resolved domainflywheel.vc
https://flywheelventures.com/ redirected to https://flywheel.vc/
Sep 17, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Website resolved domainflywheel.vc
https://flywheelventures.com/ redirected to https://flywheel.vc/
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Website resolved domainflywheel.vc
https://flywheelventures.com/ redirected to https://flywheel.vc/
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Website resolved domainflywheel.vc
https://flywheelventures.com/ redirected to https://flywheel.vc/
Sep 14, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleFlywheel Ventures
title tag
Sep 17, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleFlywheel Ventures
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleFlywheel Ventures
title tag
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)