Portal Ventures

CandidateSEC exempt reporting adviserRaising· Austin, Texasportal.vc

Portal Ventures leads pre-seed investments into blockchain businesses.

In the firm's own words, from its website.

Reported fund assets
$60.3M
sum of its funds' Form ADV filings, last 30 months
Investment team
1
Latest vintage
2024
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

1 verified contact (1 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.

Nothing material in the last 180 days. Last change: 28 Jul 2025, 1 vehicle filed a Form D in the last 18 months, the latest Portal Ventures Fund II on 28 Jul 2025. Largest offerings: Portal Ventures Fund II $80.5M. $80.4M reported sold so far.

People to know

View all people
  • Managing Partner/Compliance Manager
    Why: Managing partner: runs the firm
    No route on file yet

Relationship network

3 connected entities

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.

Portal Ventures
Austin, TX
Reading the network
  • Fund or vehicle
  • Person

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 Portal Ventures: 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 Portal Ventures

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

0 companies on record, 0 new in 12 months
Investments on record
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.
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
ai, enterprise software, fintech, space, crypto, quantum
Stages
pre seed, seed
Geography
austin, global, globally, michigan, worldwide
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 no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

1 current, 0 departed
Decision makers
who to call first, and why; then everyone else by function
  • Evan Benjamin Fisher · Managing Partner/Compliance Manager
    Why this person: Managing partner: runs the firm; Named with investment responsibility

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. 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
1 current, 0 departed
Contacts
1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

2 vehicles, 0 LPs disclosed
Funds and vehicles
2 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Portal Ventures Fund II, LPFund2024 form d first saleEarly deploymentunknownunknown$80.4M
of $80.5M
Jul 28, 2025
Portal Ventures Fund I, LPFund · ADV: Other Private FundunknownUnknown$60.3M
Mar 30, 2026
57$0Apr 8, 2022
Limited partners
0 LPs, 0 disclosed commitments
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.
Known LPs and allocators
0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

0 co-investors · on 2 other DFX graphs
Co-investors
0 counted from shared deals, 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.
Across DFX and the capital chainon 2 other DFX graphs Show
Across DFX
Across the graphs

Portal Ventures is the same institution as 2 records in Independent Sponsors and RIA and Wealth.

Independent Sponsors1RIA and Wealth1

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…

Evidence and history

3 dated events, 56 observations from 3 sources
Timeline
3 dated events
  1. seen on or beforeSep 12, 2026
    Portal Ventures: INSTITUTIONAL_VC -> CANDIDATE_VC (no sworn venture fact yet (name or round mention only))
    Classification changedClassificationInferenceno URL
  2. Feb 28, 2023
    Portal Ventures first filed Form ADV (ERA)
    First SEC adviser filingOrganizationFactForm ADV
  3. Feb 28, 2023
    Portal Ventures Fund I, LP first reported on Form ADV by Portal Ventures (Venture Capital Fund), GAV $39,600,000
    Fund first reported on Form ADVFundsFactPortal Ventures Fund I, LPForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 4 private fundsShow
Headquarters
Austin, TXadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
portal.vc
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Private fund adviseradviserinfo.sec.gov
Latest Form ADV
Mar 30, 2026
Private funds reported
4 (0 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$138Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Every classification this record has carried2 on recordShow
  1. Sep 12, 2026
    Candidate (candidate, 50%)
    No sworn venture fact yet (name or round mention only)
  2. Sep 12, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $51M across 2 vehicles
Evidence
56 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedName ventureMar 30, 2026FactForm ADV
SEC exemption claimedPrivate fund adviserMar 30, 2026FactForm ADV
SEC exemption claimedPrivate fund adviserFeb 28, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserFeb 28, 2024FactForm ADV
First Form ADV filing2023-02-28Mar 30, 2026FactForm ADV
First Form ADV filing2023-02-28Feb 28, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2024-02-28Feb 28, 2024FactForm ADV
SEC statusERA - ActiveMar 30, 2026FactForm ADV
SEC status effective2023-02-28Mar 30, 2026FactForm ADV
Venture share of reported funds0Mar 30, 2026FactForm ADV
Venture share of reported funds1Feb 28, 2024FactForm ADV
Business phoneMar 30, 2026FactForm ADV
Business phoneFeb 28, 2024FactForm ADV
DescriptionSep 16, 2026Factno URL
DescriptionSep 15, 2026Factno URL
HeadquartersAustin, TXMar 30, 2026FactForm ADV
HeadquartersAustin, TXFeb 28, 2024FactForm ADV
Office addressMar 30, 2026FactForm ADV
Office addressFeb 28, 2024FactForm ADV
Self-described typeVenture capitalSep 16, 2026Factno URL
Self-described typeVenture capitalSep 15, 2026Factno URL
Legal formLimited Liability CompanyMar 30, 2026FactForm ADV
Legal formLimited Liability CompanyFeb 28, 2024FactForm ADV
Other funds reported4Mar 30, 2026FactForm ADV
Private funds reported4Mar 30, 2026FactForm ADV
Private funds reported4Mar 30, 2026FactForm ADV
Private funds reported1Feb 28, 2024FactForm ADV
Private fund gross assets (reported)$138MMar 30, 2026FactForm ADV
Private fund gross assets (reported)$138MMar 30, 2026FactForm ADV
Private fund gross assets (reported)$51.2MFeb 28, 2024FactForm ADV
Stated geographyAustin, global, globally, michigan, worldwide
“geography words on the home page”
Sep 16, 2026Factno URL
Stated geographyAustin, global, globally, michigan, worldwide
“geography words on the home page”
Sep 15, 2026Factno URL
Stated sectorsAI, enterprise software, fintech, space, crypto, quantum
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsAI, enterprise software, fintech, space, crypto, quantum
“sector words on the home page”
Sep 15, 2026Factno URL
Stated stagesPre seed, seed
“stage words on the home page”
Sep 16, 2026Factno URL
Stated stagesPre seed, seed
“stage words on the home page”
Sep 15, 2026Factno URL
Venture funds reported0Mar 30, 2026FactForm ADV
Venture funds reported0Mar 30, 2026FactForm ADV
Venture funds reported1Feb 28, 2024FactForm ADV
WebsiteMar 30, 2026FactForm ADV
WebsiteFeb 28, 2024FactForm ADV
Site titleSep 16, 2026Factno URL
Site titleSep 15, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersCandidate, candidateShow
Importance
2
low
Active deployment
60
high
Emerging
55
elevated
Freshness
100
high
CandidateSEC exempt reporting adviser

No sworn venture fact yet (name or round mention only)

The inputs behind each score
importance
gav: $0 · funds: 0.08 · people: 0.04 · investments: 0 · scale basis: Venture-typed funds only (Candidate): 1 fund, $0M of $60M reported · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 2 · reported gav: $60.3M · first adv filing: 2023-02-28 · years since first filing: 3.6

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

2 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-12
  • Adviser's first ADV filing
    2023-02-28source 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.

Not yet on record: new companies, 12 mo.