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 / Obvious Ventures

Obvious Ventures

Multi-stage venture firmSan Francisco, CAobvious.comSEC venture capital fund adviser

both early and growth/opportunity families, reported GAV $1,602M

Importance
48
elevated
Active deployment
23
moderate
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
13
low
Identity and regulatory footprint
Headquarters
San Francisco, CAadviserinfo.sec.gov
Office address
190 PACIFIC AVENUE, San Francisco, CA, 94111adviserinfo.sec.gov
Business phone
(415) 754-0003adviserinfo.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 24, 2026
Private funds reported
7 (7 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$1.6Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
The Andrew and Jessica Beebe Living Trust (Assignee), C
business phone
(415) 754-0003adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
6 observed deals
Stated (the firm’s website)
Sectors
ai, healthcare, biotech, consumer, marketplaces, climate, energy, hardware, robotics, space, edtech, logistics
Stages
not stated or not yet read
Geography
global
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation
series a 100%
Stage at first entry
series a 100%
Sectors
unknown 100%
lead rate 100%follow-on rate 0%new logos, 12 months 6
Funds and vehicles
7 reported, 1 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Obvious Ventures IV, L.P.Fund2022 adv first reportedActive deployment$345M
Mar 28, 2024
127$0
of $400M
Jan 27, 2022
Obvious Prime II, L.P.Fund2022 adv first reportedActive deployment$104M
Mar 28, 2024
78$0
of $125M
Jan 27, 2022
Obvious Growth I, L.P.Growth fund2022 adv first reportedActive deployment$81.4M
Mar 28, 2024
38$0
of $75.0M
Jan 26, 2021
Obvious Ventures III, L.P.Fund2019 form d first saleMature$394M
Mar 28, 2024
99$272MJan 13, 2020
Obvious Ventures II LPFund2016 form d first saleHarvest$471M
Mar 28, 2024
55$178MApr 14, 2017
Obvious Ventures I LPFund2014 form d first saleHarvest$206M
Mar 28, 2024
23$123MMay 21, 2015
Obvious Ventures V, L.P.FundunknownUnknownunknownunknown$0
of $400M
Feb 25, 2025
Obvious Spv I, L.L.C.SPV or co-invest vehicle2021 adv first reportedWound down$13.0M
Mar 30, 2021
2unknownunknown
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
28 current, 2 departed
Jack Rothacher
Chief Financial Officer · since Nov 1, 2019
Platform and operations
2 departed (kept with end dates)
  • David Wehrs · Chief Operating Officer And Head Of Investor Relations · Apr 1, 2023 to Mar 24, 2026 Fact
  • NAN Li · Member · Dec 1, 2019 to Mar 30, 2022 Inference
Investments on record
6 edges, 6 companies, 2 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Gray Swanportfolio listingunknownunknownunknownunknownSep 17, 2026Fact Portfolio company websites (about, investors, press pages)
Grievance Reportingportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Inceptiveportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Recursionpharmaportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
HostieSeries A · Series AleadKahini Shah (confirmed)$12.0MunknownJul 8, 2026Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS)
FleetzeroSeries A · Series AleadAndrew Beebe (confirmed)$43.0MunknownJan 16, 2026Fact 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
6 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
17 dated events
  1. Mar 24, 2026
    David Wehrs (Chief Operating Officer And Head Of Investor Relations) no longer on Schedule A of Obvious Ventures
  2. Apr 1, 2023
    David Wehrs joined Schedule A of Obvious Ventures as Chief Operating Officer And Head Of Investor Relations
  3. Mar 30, 2022
    Obvious Spv I, L.L.C. no longer reported on Form ADV by Obvious Ventures
  4. Mar 30, 2022
    Obvious Ventures IV, L.P. first reported on Form ADV by Obvious Ventures (Venture Capital Fund)
  5. Mar 30, 2022
    Obvious Prime II, L.P. first reported on Form ADV by Obvious Ventures (Venture Capital Fund)
  6. Mar 30, 2022
    NAN Li (Member) no longer on Schedule A of Obvious Ventures
  7. Mar 30, 2022
    Obvious Growth I, L.P. first reported on Form ADV by Obvious Ventures (Venture Capital Fund), GAV $94,253,614
  8. Mar 30, 2021
    Obvious Spv I, L.L.C. first reported on Form ADV by Obvious Ventures (Venture Capital Fund), GAV $13,000,000
  9. Mar 28, 2020
    Obvious Ventures III, L.P. first reported on Form ADV by Obvious Ventures (Venture Capital Fund), GAV $270,141,233
  10. Dec 1, 2019
    NAN Li joined Schedule A of Obvious Ventures as Member
  11. Nov 1, 2019
    Jack Rothacher joined Schedule A of Obvious Ventures as Chief Financial Officer
  12. Mar 22, 2017
    Obvious Ventures II LP first reported on Form ADV by Obvious Ventures (Venture Capital Fund), GAV $20,512,953
  13. May 1, 2016
    Andrew Dumont Beebe joined Schedule A of Obvious Ventures as Member
  14. May 1, 2016
    Vishal Vasishth joined Schedule A of Obvious Ventures as Member
  15. Oct 8, 2014
    Obvious Ventures I LP first reported on Form ADV by Obvious Ventures (Venture Capital Fund), GAV $7,670,000
  16. Oct 8, 2014
    Obvious Ventures first filed Form ADV (ERA, venture capital fund adviser exemption)
  17. Feb 1, 2006
    Jessica Barrows Beebe joined Schedule A of Obvious Ventures as Trustee
Classification history
  1. Sep 12, 2026
    Multi-stage venture firm (confirmed, 95%, cls-1)
    both early and growth/opportunity families, reported GAV $1,602M
Evidence
53 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedvc_exemption,vc_funds_reportedMar 24, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserMar 24, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC adviser typeexempt_reporting_adviserMar 24, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeexempt_reporting_adviserMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2014-10-08Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2026-03-24Mar 24, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Latest Form ADV filing2024-03-28Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC statusERA - ActiveMar 24, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC status effective2014-10-08Mar 24, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture share of reported funds1Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone(415) 754-0003Mar 24, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Business phone(415) 754-0003Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
HeadquartersSan Francisco, CAMar 24, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
HeadquartersSan Francisco, CAMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address190 PACIFIC AVENUE, San Francisco, CA, 94111Mar 24, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Office address190 PACIFIC AVENUE, San Francisco, CA, 94111Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Legal formLimited Liability CompanyMar 24, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Legal formLimited Liability CompanyMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Portfolio pagehttps://obvious.com/portfolio/
4 entries read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Portfolio pagehttps://obvious.com/portfolio/
4 entries read
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Private funds reported7Mar 24, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private funds reported6Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$1.6BMar 24, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private fund gross assets (reported)$1.6BMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Schedule a diffsadiff-1Mar 24, 2026FactIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
Stated geographyglobal
geography words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyglobal
geography words on the home page
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsai,healthcare,biotech,consumer,marketplaces,climate,energy,hardware,robotics,space,edtech,logistics
sector words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsai,healthcare,biotech,consumer,marketplaces,climate,energy,hardware,robotics,space,edtech,logistics
sector words on the home page
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://obvious.com/team/
15 name/title pairs read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://obvious.com/team/
15 name/title pairs read
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported7Mar 24, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture funds reported6Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Websitehttps://www.threads.net/@obviousvcMar 24, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
WebsiteHTTP://WWW.OBVIOUS.COMMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site titleHomepage - Obvious
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleHomepage - Obvious
title tag
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)