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 / Ldvp Management, LLC
Ldvp Management, LLC
This firm files as 2 advisers on ldvp.com: Ldvp Asia Limited. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
venture manager, reported GAV $135M across 4 vehicles
Importance
22
moderate
Active deployment
29
moderate
Emerging
0
low
Completeness
56
elevated
Freshness
100
high
Research priority
12
low
Identity and regulatory footprint
- Headquarters
- unknown
- Office address
- unknown
- Business phone
- 650-743-6568adviserinfo.sec.gov
- Website
- HTTP://WWW.LDVP.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 31, 2026
- Private funds reported
- 6 (6 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $162Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Syford LLC (Managing Director And Member, Ldvp Management, Llc), D
- business phone
- 650-743-6568adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- 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
unknown 50%Biotechnology 50%
lead rate 0%follow-on rate 0%new logos, 12 months 1
Funds and vehicles
4 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Ldvp Mcc Co-Investment Fund, L.P. | SPV or co-invest vehicle | 2024 adv first reported | Early deployment | $10.6M Mar 20, 2024 | 4 | unknown | unknown |
| LDV Associates I, L.P. | Fund | 2024 adv first reported | Early deployment | $725,851 Mar 20, 2024 | 3 | unknown | unknown |
| LDV Partners Fund II, L.P. | Fund | 2021 adv first reported | Mature | $36.6M Mar 20, 2024 | 25 | unknown | unknown |
| LDV Partners Fund I, L.P. | Fund | unknown | Unknown | $87.0M Mar 20, 2024 | 14 | unknown | unknown |
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
4 current, 1 departed
Donald Tang
General partnerShareholder, Ldv Partners I (Gp), Ltd. · since Oct 1, 2014
WEN Jie Zhang
General partnerShareholder, Ldv Partners I (Gp), Ltd. · since Oct 1, 2014
Winston S Fu
General partnerShareholder, Ldv Partners I (Gp), Ltd. · since Oct 1, 2014
ZX Shen
PartnerMember · since Aug 1, 2013
1 departed (kept with end dates)
- Xueying Dai · Shareholder, Ldv Partners I (Gp), Ltd. · Feb 1, 2016 to May 31, 2023 Inference
Investments on record
2 edges, 2 companies, 1 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| LMArena | Funding round | participant | unknown | $150M | unknown | Jan 6, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
| Senti Biosciences, Inc. | board seat | unknown · board | Donald Tang (strongly supported) | unknown | unknown | Dec 19, 2024 | Inference SEC EDGAR Form D data sets (quarterly) |
“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
9 relationships from shared deals, counted for the whole firm
Omega Fund Management, LLC 1 shared · one timeLifeforce Capital Management, LLC 1 shared · one timeKleiner Perkins 1 shared · one timeUC Investments 1 shared · one time · they led 1Lightspeed Venture Partners 1 shared · one timeLaude Ventures 1 shared · one timeThe House Fund, LLC 1 shared · one timeAndreessen Horowitz 1 shared · one timeFelicis Ventures 1 shared · one time · they led 1
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
7 dated events
- Mar 20, 2024LDV Associates I, L.P. first reported on Form ADV by Ldvp Management, LLC (Venture Capital Fund), GAV $725,851Fund first reported on Form ADVFundsFactLDV Associates I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 20, 2024Ldvp Mcc Co-Investment Fund, L.P. first reported on Form ADV by Ldvp Management, LLC (Venture Capital Fund), GAV $10,624,301Fund first reported on Form ADVFundsFactLdvp Mcc Co-Investment Fund, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 31, 2023Xueying Dai (Shareholder, Ldv Partners I (Gp), Ltd.) no longer on Schedule A of Ldvp Management, LLC
- Mar 11, 2021LDV Partners Fund II, L.P. first reported on Form ADV by Ldvp Management, LLC (Venture Capital Fund), GAV $13,988,851Fund first reported on Form ADVFundsFactLDV Partners Fund II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 1, 2016Xueying Dai joined Schedule A of Ldvp Management, LLC as Shareholder, Ldv Partners I (Gp), Ltd.
- Jun 30, 2015Ldvp Management, 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)
- Jun 30, 2015LDV Partners Fund I, L.P. first reported on Form ADV by Ldvp Management, LLC (Venture Capital Fund), GAV $75,750,000Fund first reported on Form ADVFundsFactLDV Partners Fund I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $135M across 4 vehicles
Evidence
40 observations from 3 sources