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 / NCT Fund Management, LLC
NCT Fund Management, LLC
Corporate ventureColumbus, OHnctventures.comSEC venture capital fund adviserone firm, 4 filing advisers
This firm files as 4 advisers on nctventures.com: NCT GP I, LLC, NCT GP II, LLC, NCT GP Opportunity LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
NCT is a Midwest focused investment operating firm that supports seed and early stage technology companies disrupting major industries.
corporate parent: Dslangdale One, Inc.
Importance
14
low
Active deployment
0
low
Emerging
0
low
Completeness
63
high
Freshness
100
high
Research priority
3
low
Identity and regulatory footprint
- Headquarters
- Columbus, OHadviserinfo.sec.gov
- Office address
- 421 W. STATE STREET, SUITE 243, Columbus, OH, 43215adviserinfo.sec.gov
- Business phone
- 614-551-4489adviserinfo.sec.gov
- Website
- HTTP://WWW.NCTVENTURES.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
- 3 (3 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $39.2Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Patriots Investments, LLC (Principal), C; Dslangdale One, Inc. (Principal), D
- business email
- info@nctventures.comnctventures.compublished by the subject
- business phone
- 614-551-4489adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- industrial, media
- Stages
- not stated or not yet read
- Geography
- japan, midwest, ohio
- 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 n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
3 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| NCT Ventures Opportunity Fund LP | Opportunity fund | 2020 adv first reported | Mature | $25.4M Mar 29, 2024 | 52 | $0 of $30.0M | Mar 5, 2018 |
| NCT Ventures Fund II, L.P. | Fund | 2014 adv first reported | Harvest | $30.5M Mar 29, 2024 | 51 | $0 of $75.0M | Nov 1, 2013 |
| NCT Ventures Fund I LP | Fund | unknown | Unknown | $9.5M Mar 29, 2024 | 20 | 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, 0 departed
Michael Clark Butler
PartnerMember · since Oct 1, 2013
Richard Langdale
PartnerShareholder · since Apr 1, 1988
William Frank
PartnerMember · since Apr 1, 2006
Lindsay Marie Karas
Platform and operationsChief Compliance Officer, Chief Legal Counsel · since Apr 1, 2010
Investments on record
0 edges, 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.
Co-investors
0 relationships from shared deals, counted 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.
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
5 dated events
- Mar 17, 2020NCT Ventures Opportunity Fund LP first reported on Form ADV by NCT Fund Management, LLC (Venture Capital Fund), GAV $19,300,750Fund first reported on Form ADVFundsFactNCT Ventures Opportunity Fund LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 20, 2014NCT Ventures Fund II, LP first reported on Form ADV by NCT Fund Management, LLC (Venture Capital Fund), GAV $1,300,000Fund first reported on Form ADVFundsFactNCT Ventures Fund II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Oct 1, 2013Michael Clark Butler joined Schedule A of NCT Fund Management, LLC as Member
- Mar 30, 2012NCT Fund 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)
- Mar 30, 2012NCT Ventures Fund I LP first reported on Form ADV by NCT Fund Management, LLC (Venture Capital Fund), GAV $25,509,078Fund first reported on Form ADVFundsFactNCT Ventures Fund I LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Corporate venture (confirmed, 95%, cls-1)corporate parent: Dslangdale One, Inc.
Evidence
53 observations from 3 sources