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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Firms / W•••••••• C••••••••• L••
W•••••••• C••••••••• L••
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venture manager, reported GAV $29.7M across 14 vehicles
Importance
23
moderate
Active deployment
25
moderate
Emerging
0
low
Completeness
56
elevated
Freshness
98
high
Research priority
12
low
Identity and regulatory footprint
- Headquarters
- unknown
- Office address
- unknown
- Business phone
- 443-414-0536adviserinfo.sec.gov
- Website
- w••••••••.vc
- 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 31, 2026
- Private funds reported
- 14 (14 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $52.4Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- community@watershed.vcwatershed.vcpublished by the subject
- business phone
- 443-414-0536adviserinfo.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
- growth
- 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
14 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| W•••••••• S•• X•• a• S••••• o• W•••••••• S••• L•• | SPV or co-invest vehicle | 2024 form d first sale | Early deployment | unknown | unknown | $4.1M | Aug 21, 2024 |
| W•••••••• S•• X••• a• S••••• o• W•••••••• S••• L•• | SPV or co-invest vehicle | 2023 form d first sale | Active deployment | $800,000 Jan 30, 2024 | 26 | $800,000 | Jan 30, 2024 |
| W•••••••• F••• I• L• | Fund | 2021 form d first sale | Mature | $22.3M Jan 30, 2024 | 79 | $24.2M | Nov 27, 2024 |
| W•••••••• S•• X•• L•• | SPV or co-invest vehicle | 2021 form d first sale | Mature | $1.6M Jan 30, 2024 | 41 | $1.6M | Apr 8, 2022 |
| W•••••••• S•• X•••• L•• | SPV or co-invest vehicle | 2021 form d first sale | Mature | $1.5M Jan 30, 2024 | 34 | $1.4M | Apr 8, 2022 |
| W•••••••• T•••••• S••• L•• | SPV or co-invest vehicle | 2021 form d first sale | Mature | $1.1M Jan 30, 2024 | 37 | $1.2M | Apr 8, 2022 |
| W•••••••• K••••••• S••• a• S••••• o• A••••• L••• 2•••• L•• | SPV or co-invest vehicle | 2021 name year | Mature | $310,000 Jan 30, 2024 | 13 | $310,000 of $310,000 | Apr 27, 2021 |
| W•••••••• S•• X••• L•• | SPV or co-invest vehicle | 2021 form d first sale | Mature | $199,500 Jan 30, 2024 | 6 | $199,500 | Apr 8, 2022 |
| W•••••••• S•• I• a• S••••• o• W•••••••• S••• L•• | SPV or co-invest vehicle | 2020 form d first sale | Mature | $1.1M Jan 30, 2024 | 12 | $1.0M of $1.0M | Sep 24, 2020 |
| W•••••••• R••••••• S••• a• S••••• o• A••••• L••• 2•••• L•• | SPV or co-invest vehicle | 2020 name year | Mature | $189,540 Jan 30, 2024 | 17 | $189,540 of $189,540 | Aug 27, 2020 |
| W•••••••• M••• S••• a• S••••• o• A••••• L••• 2•••• L•• | SPV or co-invest vehicle | 2020 name year | Mature | $175,500 Jan 30, 2024 | 13 | $175,500 of $175,500 | Nov 12, 2020 |
| W•••••••• S••••••• S••• a• S••••• o• A••••• L••• 2•••• L•• | SPV or co-invest vehicle | 2020 name year | Mature | $163,000 Jan 30, 2024 | 13 | $163,000 of $163,000 | Nov 5, 2020 |
| W•••••••• B•••• S••• a• S••••• o• A••••• L••• 2•••• L•• | SPV or co-invest vehicle | 2020 name year | Mature | $108,000 Jan 30, 2024 | 18 | $108,000 of $108,000 | Dec 8, 2020 |
| A• R• S••• a• S••••• o• A••••• L••• 2•••• L•• | SPV or co-invest vehicle | 2019 name year | Mature | $219,482 Jan 30, 2024 | 11 | $35,116 of $35,116 | Jun 7, 2021 |
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
1 current, 0 departed
I••••• A••••
PartnerManager · since Jul 1, 2021
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
14 dated events
- Jan 30, 2024W•••••••• C••••••••• L•• 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)
- Jan 30, 2024W•••••••• B•••• S••• a• S••••• o• A••••• L••• 2•••• L•• first reported on Form ADV by W•••••••• C••••••••• L•• (Venture Capital Fund), GAV $108,000Fund first reported on Form ADVFundsFactW•••••••• B•••• S••• a• S••••• o• A••••• L••• 2•••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 30, 2024W•••••••• M••• S••• a• S••••• o• A••••• L••• 2•••• L•• first reported on Form ADV by W•••••••• C••••••••• L•• (Venture Capital Fund), GAV $175,500Fund first reported on Form ADVFundsFactW•••••••• M••• S••• a• S••••• o• A••••• L••• 2•••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 30, 2024W•••••••• S•• X•••• L•• first reported on Form ADV by W•••••••• C••••••••• L•• (Venture Capital Fund), GAV $1,467,641Fund first reported on Form ADVFundsFactW•••••••• S•• X•••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 30, 2024W•••••••• S•• X••• a• S••••• o• W•••••••• S••• L•• first reported on Form ADV by W•••••••• C••••••••• L•• (Venture Capital Fund), GAV $800,000Fund first reported on Form ADVFundsFactW•••••••• S•• X••• a• S••••• o• W•••••••• S••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 30, 2024W•••••••• S•• X•• L•• first reported on Form ADV by W•••••••• C••••••••• L•• (Venture Capital Fund), GAV $1,564,207Fund first reported on Form ADVFundsFactW•••••••• S•• X•• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 30, 2024W•••••••• S••••••• S••• a• S••••• o• A••••• L••• 2•••• L•• first reported on Form ADV by W•••••••• C••••••••• L•• (Venture Capital Fund), GAV $163,000Fund first reported on Form ADVFundsFactW•••••••• S••••••• S••• a• S••••• o• A••••• L••• 2•••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 30, 2024W•••••••• R••••••• S••• a• S••••• o• A••••• L••• 2•••• L•• first reported on Form ADV by W•••••••• C••••••••• L•• (Venture Capital Fund), GAV $189,540Fund first reported on Form ADVFundsFactW•••••••• R••••••• S••• a• S••••• o• A••••• L••• 2•••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 30, 2024W•••••••• K••••••• S••• a• S••••• o• A••••• L••• 2•••• L•• first reported on Form ADV by W•••••••• C••••••••• L•• (Venture Capital Fund), GAV $310,000Fund first reported on Form ADVFundsFactW•••••••• K••••••• S••• a• S••••• o• A••••• L••• 2•••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 30, 2024W•••••••• S•• I• a• S••••• o• W•••••••• S••• L•• first reported on Form ADV by W•••••••• C••••••••• L•• (Venture Capital Fund), GAV $1,112,958Fund first reported on Form ADVFundsFactW•••••••• S•• I• a• S••••• o• W•••••••• S••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 30, 2024W•••••••• T•••••• S••• L•• first reported on Form ADV by W•••••••• C••••••••• L•• (Venture Capital Fund), GAV $1,149,058Fund first reported on Form ADVFundsFactW•••••••• T•••••• S••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 30, 2024A• R• S••• a• S••••• o• A••••• L••• 2•••• L•• first reported on Form ADV by W•••••••• C••••••••• L•• (Venture Capital Fund), GAV $219,482Fund first reported on Form ADVFundsFactA• R• S••• a• S••••• o• A••••• L••• 2•••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 30, 2024W•••••••• F••• I• L• first reported on Form ADV by W•••••••• C••••••••• L•• (Venture Capital Fund), GAV $22,272,471Fund first reported on Form ADVFundsFactW•••••••• F••• I• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 30, 2024W•••••••• S•• X••• L•• first reported on Form ADV by W•••••••• C••••••••• L•• (Venture Capital Fund), GAV $199,500Fund first reported on Form ADVFundsFactW•••••••• S•• X••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Micro VC (confirmed, 95%, cls-1)venture manager, reported GAV $29.7M across 14 vehicles
- Sep 12, 2026Micro VC (confirmed, 95%, cls-1)venture manager, reported GAV $29.7M across 13 vehicles
Evidence
33 observations from 3 sources