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 / Northpond Ventures, LLC
Northpond Ventures, LLC
venture manager, reported GAV $1,403M across 4 vehicles
Importance
36
elevated
Active deployment
4
low
Emerging
0
low
Completeness
56
elevated
Freshness
100
high
Research priority
9
low
Identity and regulatory footprint
- Headquarters
- Bethesda, MDadviserinfo.sec.gov
- Office address
- 7500 OLD GEORGETOWN RD, SUITE 800, Bethesda, MD, 20814adviserinfo.sec.gov
- Business phone
- 240 800 1200adviserinfo.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
- Mar 30, 2026
- Private funds reported
- 5 (5 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $1.7Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- contact@npv.vcnpv.vcpublished by the subject
- business phone
- 240 800 1200adviserinfo.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 Health Care 100%
lead rate 0%follow-on rate 0%new logos, 12 months 1
Funds and vehicles
4 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Northpond Ventures III, LP | Fund | 2022 adv first reported | Active deployment | $350M Mar 27, 2024 | 1 | unknown | unknown |
| Northpond Ventures II, LP | Fund | 2021 adv first reported | Mature | $398M Mar 27, 2024 | 1 | unknown | unknown |
| Northpond Capital, LP | Fund | 2021 adv first reported | Mature | $272M Mar 27, 2024 | 1 | unknown | unknown |
| Northpond Ventures, LP | Fund | unknown | Unknown | $382M Mar 27, 2024 | 1 | 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
30 current, 0 departed
Wes Long
AnalystSenior Analyst
Michael P. Rubin
Founder or executiveFounder & CEO
Andrea Jackson
PartnerPartner
Andrew Lee
PartnerManaging Director
Michael Pinchas Rubin
PartnerManager · since Mar 1, 2018
Paxton Major
PartnerManaging Director
Sharon Kedar
PartnerCo-Founder, Partner
Steve Liapis
PartnerManaging Director
Alexis Fleming
Platform and operationsManager, Portfolio Operations & Administration
Anjali Jagannath
Platform and operationsVice President, Finance
Ashley Cowher
Platform and operationsSenior Executive Assistant
Ben Hartheimer
Platform and operationsSenior Associate, Portfolio Operations
Catherine Gamble
Platform and operationsManager, Corporate Finance
Daniella Doolen
Platform and operationsExecutive Assistant
Hyewon Park
Platform and operationsAssistant Controller, Funds
Lydia Allison
Platform and operationsExecutive Assistant
Madison Bedwell
Platform and operationsExecutive Assistant
Maggie Kehoe
Platform and operationsSenior Executive Assistant
Monet Uva
Platform and operationsOffice Operations Manager
Pat Smerkers
Platform and operationsChief Financial Officer, Partner
Sarah Queen
Platform and operationsAssistant Controller, Corporate Finance
Serena Yang
Platform and operationsSenior Analyst, Portfolio Operations
Tim Schmidt
Platform and operationsVice President, Fund Finance
Diana Bernstein
PrincipalDirector
Elias Quijano
PrincipalPrincipal
Lucy Coassin
PrincipalDirector
Ivan Learmont
Vice presidentVice President, Information Technology & Facilities
Liz Wuestling
Vice presidentVice President, Business Analytics & Strategy
Nick Futrell
Vice presidentSenior Associate
Stephanie Yan
Vice presidentSenior Associate
Investments on record
1 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Elephas Biosciences Corp | Funding round | participant | unknown | $40.0M | unknown | Nov 6, 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
5 relationships from shared deals, counted for the whole firm
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
5 dated events
- Mar 31, 2022Northpond Ventures III, LP first reported on Form ADV by Northpond Ventures, LLC (Venture Capital Fund), GAV $118,539,851Fund first reported on Form ADVFundsFactNorthpond Ventures III, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2021Northpond Ventures II, LP first reported on Form ADV by Northpond Ventures, LLC (Venture Capital Fund), GAV $490,520,197Fund first reported on Form ADVFundsFactNorthpond Ventures II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2021Northpond Capital, LP first reported on Form ADV by Northpond Ventures, LLC (Venture Capital Fund), GAV $250,250,000Fund first reported on Form ADVFundsFactNorthpond Capital, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 31, 2018Northpond Ventures, LLC 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)
- May 31, 2018Northpond Ventures, LP first reported on Form ADV by Northpond Ventures, LLC (Venture Capital Fund), GAV $500,000,000Fund first reported on Form ADVFundsFactNorthpond Ventures, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $1,403M across 4 vehicles
Evidence
49 observations from 4 sources