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 / ATO Ventures, LLC
ATO Ventures, LLC
Pre-seed venture capital in Puerto Rico. ATO Ventures funds startups using Market Validation Testing to reduce risk and boost early growth.
name or self-description says angel
Importance
8
low
Active deployment
11
low
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
4
low
Identity and regulatory footprint
- Headquarters
- San Juan, PRadviserinfo.sec.gov
- Office address
- 1607 AVENIDA JUAN PONCE DE LEON, COBIAN'S PLAZA GM-06, San Juan, PR, 00909adviserinfo.sec.gov
- Business phone
- 628-215-0642adviserinfo.sec.gov
- Website
- http://atoventures.com
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- private fund adviseradviserinfo.sec.gov
- Latest Form ADV
- Mar 13, 2024
- Private funds reported
- 2 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $3.4Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 628-215-0642adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
3 observed deals
Stated (the firm’s website)
- Sectors
- biotech
- Stages
- pre seed, seed, early
- Geography
- emerging markets
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- angel
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 3
Funds and vehicles
2 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| ATO Ventures, LP | Fund | 2019 form d first sale | Mature | $1.8M Mar 13, 2024 | 9 | $1.4M of $6.0M | Apr 13, 2020 |
| ATO Spv 1, LP | SPV or co-invest vehicle | 2019 form d first sale | Mature | $1.5M Mar 13, 2024 | 5 | $1.2M of $1.2M | Sep 23, 2020 |
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
5 current, 0 departed
Adalberto Guerrido
AnalystAnalyst
Jennifer Hopp
Managing partnerManaging Partner
Jennifer P. Hopp
Managing partnerManaging Partner · since Feb 1, 2018
Jennifer P. Hopp
Managing partnerFounder & Managing Partner, ATO Ventures
Oscar Ochart
Platform and operationsOperations Manager
Investments on record
3 edges, 3 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Round Coming Soon | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Round Completed | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| STATUS | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
“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
4 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
4 dated events
- Sep 15, 2026ATO Ventures, LLC: MICRO_VC -> ANGEL_FUND (name or self-description says angel)Classification changedClassificationInferenceno URL
- Sep 29, 2020ATO Spv 1, LP first reported on Form ADV by ATO Ventures, LLC (Venture Capital Fund), GAV $1,278,841Fund first reported on Form ADVFundsFactATO Spv 1, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 24, 2019ATO 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 24, 2019ATO Ventures, LP first reported on Form ADV by ATO Ventures, LLC (Venture Capital Fund)Fund first reported on Form ADVFundsFactATO Ventures, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 15, 2026Angel fund or group (probable, 80%, cls-1)name or self-description says angel
- Sep 12, 2026Micro VC (probable, 80%, cls-1)venture manager, reported GAV $3.4M across 2 vehicles
Evidence
38 observations from 2 sources