The Engine Funds
We invest in Tough Tech founders.
In the firm's own words, from its website.
21 additional team members, 19 additional co-investors and affiliates, 69 additional investments, funds and LPs, 2 events, 22 verified contacts (20 professional url, 2 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 1 vehicleon Form D, 18 months
$40.4M reported sold so far.
A Form D is filed when a vehicle takes its first money, so these are open to LPs now.
- 6 companiesnew in 12 months
6 new companies in the last 12 months.
A firm writing cheques this quarter is one a founder can pitch now.
- 8 companiesportfolio raising
8 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 25 Aug 2026 ($14.4M sold on Form D).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
- 3 dealswith E14 Management
Invests most often alongside E14 Management (3 shared deals) and Hyperplane Venture Capital (2 shared deals).
pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.
Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →
People to know
View all people- Managing PartnerWhy: Managing partner: runs the firmNo route on file yet
- CEO & Managing PartnerWhy: Managing partner: runs the firmNo route on file yet
- PartnerWhy: Partner: part of the investment decisionProfile
Relationship network
117 connected entities17 observed rounds4 repeat counterparties1 dated round shown here, 2025
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.
- Sponsor
- Company
- 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 The Engine Funds: 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 The Engine Funds
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
65 companies on record, 6 new in 12 months
Investments on record
What these amounts mean“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.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Addis Energy, Inc.Exited | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| AmideExited | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| AnthologyExited | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- ai, climate, energy, deep tech, hardware, space, logistics, industrial
- Stages
- not stated or not yet read
- Geography
- global
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Team
37 current, 4 departed
Decision makers
- Katherine Wyeth Rae · Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibility
- Katie Rae · CEO & Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibility
- Colleen Calhoun · PartnerWhy this person: Partner: part of the investment decision; Named with investment responsibilityLinkedIn or profile link on file (firm website, their bio on the firm's website), confirmed 2026-10-01, confidence 90%
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. 1 with a route on file. 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
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- CEO & Managing Partner · 13 deals attributed
- Managing Partner
- Partner · 1 deal attributed
2 departed (kept with end dates)
- Milo Camp Peavey Werner · General Partner · Jun 1, 2023 to Mar 30, 2026 Fact
- Colleen Calhoun · Partner · ? to Sep 30, 2026 Inference
Contacts
2 firm phone, 20 professional url on record, each with its source. Values open with the complete profile.
Funds and LPs
16 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV 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.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Engine Fund I SPV-G, LLC | SPV or co-invest vehicle | 2026 form d first sale | Newly closed | unknown | unknown | $10.0M of $10.0M | Jul 10, 2026 |
| Engine Fund I SPV-I, LLC | SPV or co-invest vehicle | 2026 form d first sale | Newly closed | unknown | unknown | $3.4M of $3.4M | Aug 13, 2026 |
| Engine Fund I SPV-H, LLC | SPV or co-invest vehicle | 2026 form d first sale | Newly closed | unknown | unknown | $2.0M of $2.0M | Jul 10, 2026 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Big Win Philanthropy Inc | FOUNDATION | The Engine Accelerator Fund I, L.P. | $2.2M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| Big Win Philanthropy Inc | FOUNDATION | The Engine Fund II, L.P. | $313,270 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| The Monarch Charitable Foundation | FOUNDATION | The Engine Fund II, L.P. | $601,869 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
Relationships across DFX
22 co-investors · on 2 other DFX graphs
Co-investors
- 2026-10-013 shared deals · recurring
- 2026-10-012 shared deals · recurring
- 2026-10-011 shared deal · one time
Across DFX and the capital chainon 2 other DFX graphs · 4 capital paths ShowHide
- The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
The Engine Funds is the same institution as 2 records in Allocators and RIA and Wealth.
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…
The Engine Funds sits on 4 traced paths of capital across the graphs.
DFX traced 4 paths 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
7 dated events, 70 observations from 4 sources
Timeline
- Mar 30, 2026The Engine Fund I Spv-E, LLC first reported on Form ADV by The Engine Funds (Venture Capital Fund), GAV $3,904,405
- Mar 30, 2026The Engine Fund I Spv-F, LLC first reported on Form ADV by The Engine Funds (Venture Capital Fund), GAV $14,979,154
- Mar 30, 2026Milo Camp Peavey Werner (General Partner) no longer on Schedule A of The Engine Funds
- Mar 28, 2024The Engine Fund I Spv-D, LLC first reported on Form ADV by The Engine Funds (Venture Capital Fund), GAV $9,102,103
- Nov 1, 2023Michael Kearney joined Schedule A of The Engine Funds as General Partner
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 10 private fundsShowHide
- Headquarters
- Cambridge, MAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- engineventures.com
- 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
- 10 (10 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $1.6Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Classification history
Every classification this record has carried4 on recordShowHide
- Sep 23, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $1.6B across 16 vehicles
- Sep 15, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $1.3B across 12 vehicles
- Sep 14, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $1.3B across 9 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $1.3B across 8 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Mar 30, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 30, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 28, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 30, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 30, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 28, 2024 | Fact | Form ADV |
| First Form ADV filing | 2023-06-21 | Mar 30, 2026 | Fact | Form ADV |
| First Form ADV filing | 2023-06-21 | Mar 28, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-30 | Mar 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-30 | Mar 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-28 | Mar 28, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 30, 2026 | Fact | Form ADV |
| SEC status effective | 2023-06-21 | Mar 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 28, 2024 | Fact | Form ADV |
| Business phone | Mar 30, 2026 | Fact | Form ADV | |
| Business phone | Mar 28, 2024 | Fact | Form ADV | |
| Contact page url | Oct 1, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Oct 1, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 15, 2026 | Fact | ||
| Headquarters | Cambridge, MA | Mar 30, 2026 | Fact | Form ADV |
| Headquarters | Cambridge, MA | Mar 28, 2024 | Fact | Form ADV |
| Office address | Mar 30, 2026 | Fact | Form ADV | |
| Office address | Mar 28, 2024 | Fact | Form ADV | |
| Self-described type | Venture capital | Oct 1, 2026 | Fact | |
| Self-described type | Venture capital | Sep 16, 2026 | Fact | |
| Self-described type | Venture capital | Sep 15, 2026 | Fact | |
| Legal form | Limited Liability Company | Mar 30, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 28, 2024 | Fact | Form ADV |
| Portfolio page | Oct 1, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 15, 2026 | Fact | ||
| Private funds reported | 10 | Mar 30, 2026 | Fact | Form ADV |
| Private funds reported | 10 | Mar 30, 2026 | Fact | Form ADV |
| Private funds reported | 8 | Mar 28, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.6B | Mar 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.6B | Mar 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.3B | Mar 28, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 30, 2026 | Fact | Form ADV |
| Stated geography | global “geography words on the home page” | Oct 1, 2026 | Fact | |
| Stated geography | global “geography words on the home page” | Sep 16, 2026 | Fact | |
| Stated geography | global “geography words on the home page” | Sep 15, 2026 | Fact | |
| Stated sectors | AI, climate, energy, deep tech, hardware, space, logistics, industrial “sector words on the home page” | Oct 1, 2026 | Fact | |
| Stated sectors | AI, climate, energy, deep tech, hardware, space, logistics, industrial “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | AI, climate, energy, deep tech, hardware, space, logistics, industrial “sector words on the home page” | Sep 15, 2026 | Fact | |
| Team page | Oct 1, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 15, 2026 | Fact | ||
| Venture funds reported | 10 | Mar 30, 2026 | Fact | Form ADV |
| Venture funds reported | 10 | Mar 30, 2026 | Fact | Form ADV |
| Venture funds reported | 8 | Mar 28, 2024 | Fact | Form ADV |
| Website | Sep 12, 2026 | Fact | Form ADV | |
| Website | Mar 30, 2026 | Fact | Form ADV | |
| Website | Mar 28, 2024 | Fact | Form ADV | |
| Website | Mar 28, 2024 | Fact | Form ADV | |
| Site title | Oct 1, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 15, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmed · 2 filing advisers share this firmShowHide
Venture manager, reported GAV $1.6B across 16 vehicles
This firm files as 2 advisers on engineventures.com: The Engine Accelerator, Inc.. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
- importance
- gav: 0.67 · funds: 1 · people: 0.84 · investments: 0.69 · co investors: 0.54
- active deployment
- investments 12m: 0.75 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-08
- emerging manager
- fund count: 16 · reported gav: $1.6B · first adv filing: 2023-06-21 · years since first filing: 3.3
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Fits
- score 47.1confidence 100%Why: sector fit; geography fit; activity; analogous
- score 47.1confidence 100%Why: sector fit; geography fit; activity; analogous
- score 47.1confidence 100%Why: sector fit; geography fit; activity; analogousWatch: adjacent portfolio
+14 more scored matches
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.
Record history
- Adviser's first ADV filing2023-06-21source 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.