Reciprocal Venture Management, L.L.C.

Institutional venture firmSEC-registered adviserClassification probable· New York, New YorkRECVC.COM

Partnering with crypto founders from day 0. Here investments == partnerships.

In the firm's own words, from its website.

Reported fund assets
$197M
sum of its funds' Form ADV filings, last 30 months
Investment team
1
Latest vintage
2022
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

7 additional investments, funds and LPs, 7 events, 3 verified contacts (2 firm phone, 1 published business email)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Nothing material in the last 180 days.

People to know

View all people

Relationship network

12 connected entities

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.

Reading the network
  • 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 Reciprocal Venture Management, L.L.C.: 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 Reciprocal Venture Management, L.L.C.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

0 companies on record, 0 new in 12 months

Investments on record

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.

Stated thesis versus observed behaviour

no observed deals yet
Stated (the firm’s website)
Sectors
fintech, space, crypto, media
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: no observed deals yet
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

3 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
Who else at this firm · 1 person, grouped by function
Finance, operations and compliance (1)

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

3 current, 0 departed

Contacts

1 published business email, 2 firm phone

1 published business email, 2 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

10 vehicles, 0 LPs disclosed

Funds and vehicles

10 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
RV Plcr Spv, LLCSPV or co-invest vehicle2022 adv first reportedActive deployment$1.6M
Mar 27, 2026
14unknownunknown
RV Xtnd Spv, LLCSPV or co-invest vehicle2022 adv first reportedActive deployment$424,512
Mar 27, 2026
5unknownunknown
Rvcf2 LLCSPV or co-invest vehicle · ADV: Other Private Fund2022 adv first reportedActive deployment$192,803
Mar 27, 2026
13unknownunknown

Limited partners

0 LPs, 0 disclosed commitments
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.

Known LPs and allocators

1 relationship across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Mark and Anla Cheng Kingdon FundFOUNDATIONReciprocal Ventures II, L.P$726,911
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

0 co-investors · on 2 other DFX graphs

Co-investors

0 counted from shared deals, 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.
Across DFX and the capital chainon 2 other DFX graphs · 1 capital path Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Reciprocal Venture Management, L.L.C. is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Reciprocal Venture Management, L.L.C. sits on 1 traced path of capital across the graphs.

Allocator commitments to a manager

DFX traced 1 path of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

12 dated events, 64 observations from 4 sources

Timeline

12 dated events
  1. Mar 27, 2026
    RV III Bnce, LP first reported on Form ADV by Reciprocal Venture Management, L.L.C. (Venture Capital Fund), GAV $1,330,440
    Fund first reported on Form ADVFundsInferenceRV III Bnce, LPForm ADV
  2. Mar 27, 2026
    Reciprocal Ventures III, L.P first reported on Form ADV by Reciprocal Venture Management, L.L.C. (Venture Capital Fund), GAV $50,546,511
    Fund first reported on Form ADVFundsInferenceReciprocal Ventures III, L.PForm ADV
  3. Mar 27, 2026
    RV Cflw, LP first reported on Form ADV by Reciprocal Venture Management, L.L.C. (Venture Capital Fund), GAV $823,283
    Fund first reported on Form ADVFundsInferenceRV Cflw, LPForm ADV
  4. Jan 2, 2025
    Reciprocal Venture Management, L.L.C. filed the first Form D for Reciprocal Ventures III, L.P (fund 3), its next fund after Reciprocal Ventures II, L.P (vintage 2020)
    Fund next filedderived signalInferenceReciprocal Ventures III, L.P
  5. Sep 29, 2022
    Rvcf2 LLC first reported on Form ADV by Reciprocal Venture Management, L.L.C. (Other Private Fund), GAV $562,445
    Fund first reported on Form ADVFundsFactRvcf2 LLCForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 27, 2026 · 9 private fundsShow
Headquarters
New York, NYadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
RECVC.COM
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 27, 2026
Private funds reported
9 (7 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$197Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$197Mthe adviser's RAUM, a regulatory measure, never a fund size
Employees
5

Classification history

Every classification this record has carried2 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $198M across 10 vehicles
  2. Sep 12, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $141M across 7 vehicles

Evidence

65 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedMar 27, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 27, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 27, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 28, 2024FactForm ADV
First Form ADV filing2017-05-11Mar 27, 2026FactForm ADV
First Form ADV filing2017-05-11Mar 28, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-27Mar 27, 2026FactForm ADV
Latest Form ADV filing2026-03-27Mar 27, 2026FactForm ADV
Latest Form ADV filing2024-03-28Mar 28, 2024FactForm ADV
SEC statusApprovedMar 27, 2026FactForm ADV
SEC status effective2022-11-01Mar 27, 2026FactForm ADV
Venture share of reported funds1Mar 27, 2026FactForm ADV
Venture share of reported funds1Mar 28, 2024FactForm ADV
Business phoneMar 27, 2026FactForm ADV
Business phoneMar 28, 2024FactForm ADV
Contact page urlSep 16, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 15, 2026Fact
Employees5Mar 27, 2026FactForm ADV
Employees7Mar 28, 2024FactForm ADV
HeadquartersNew York, NYMar 27, 2026FactForm ADV
HeadquartersNew York, NYMar 28, 2024FactForm ADV
Office addressMar 27, 2026FactForm ADV
Office addressMar 28, 2024FactForm ADV
Legal formLimited Liability CompanyMar 27, 2026FactForm ADV
Other funds reported2Mar 27, 2026FactForm ADV
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 15, 2026Fact
Private funds reported9Mar 27, 2026FactForm ADV
Private funds reported9Mar 27, 2026FactForm ADV
Private funds reported6Mar 28, 2024FactForm ADV
Private fund gross assets (reported)$197MMar 27, 2026FactForm ADV
Private fund gross assets (reported)$197MMar 27, 2026FactForm ADV
Private fund gross assets (reported)$140MMar 28, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$197MMar 27, 2026FactForm ADV
Regulatory AUM (adviser, not fund size)$140MMar 28, 2024FactForm ADV
Schedule a diffsadiff-1Mar 27, 2026FactForm ADV
Stated sectorsFintech, space, crypto, media
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsFintech, space, crypto, media
“sector words on the home page”
Sep 15, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 15, 2026Fact
Venture funds reported7Mar 27, 2026FactForm ADV
Venture funds reported7Mar 27, 2026FactForm ADV
Venture funds reported4Mar 28, 2024FactForm ADV
WebsiteMar 28, 2024FactForm ADV
Site titleSep 16, 2026Fact
Site titleSep 15, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, probableShow
Importance
27
moderate
Active deployment
0
low
Emerging
0
low
Freshness
100
high
Institutional venture firm · probableSEC registered investment adviser

Venture manager, reported GAV $198M across 10 vehicles

The inputs behind each score
importance
gav: 0.39 · funds: 0.83 · people: 0.08 · investments: 0 · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 10 · reported gav: $197M · first adv filing: 2017-05-11 · years since first filing: 9.4

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2017-05-11source 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.

Not yet on record: new companies, 12 mo.