DFX Intelligence

Forerunner Ventures Management, LLC

Institutional venture firmSEC venture capital fund adviserRaising· San Francisco, CaliforniaFORERUNNERVENTURES.COM

Forerunner is an early-stage venture firm that invests in founders with the vision to define entire categories and the courage to own the totality of what they build from the start.

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

As of 2026-09-30 · the latest observation of this organization; filed figures are as of its latest Form ADV

Reported fund assets: $3.7B
New companies, 12 mo: 3
Investment team: 8
Latest vintage: 2023

Contact decision makers

Ask DFX about this View relationships Find contacts Investments (8)Team (9)Funds

As of 2026-09-30 · the latest observation of this organization; filed figures are as of its latest Form ADV

4 additional team members, 13 additional co-investors and affiliates, 24 additional investments, funds and LPs, 29 events, 4 verified contacts (2 general firm email, 1 published business email, 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.

What matters now

3 companies
new in 12 months
3 new companies in the last 12 months. Latest round Fora round ($60M round, led) on 16 Jul 2026.
A firm writing cheques this quarter is one a founder can pitch now.
Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
2 deals
with Union Square Ventures
Invests most often alongside Union Square Ventures (2 shared deals).
pair last observed on record 10 Jun 2021, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.
Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →
2 of 3
enter at Series B+
Enters mostly at Series B or later: 2 of 3 first entries on record, in line with the series b, early stage its site states.
rounds to 24 Feb 2026 · Tells a founder whether their round is one this firm writes.
Derived3 rounds with a stated stage, against the firm's siteFor FoundersInvestments →

People to know

View all people

Brian Patrick O'Malley
Member, Forerunner Ventures Gp Iii, Llc
Why: Named with investment responsibility
No route on file yet
Eurie Kim
Member, Forerunner Ventures Gp Iv, Llc
Why: Named with investment responsibility
No route on file yet
Kirsten Anne Green
Manager - Forerunner Ventures, Gp Iii, Llc
Why: Named with investment responsibility
No route on file yet

Relationship network

50 connected entities10 observed rounds3 repeat counterparties4 dated rounds shown here, 2019 to 2026

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.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

What stands out

Reading the network

Sponsor
Company
Capital provider
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.

Ask DFX about this network

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Forerunner Ventures Management, LLC: 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 Forerunner Ventures Management, LLC

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

Investing

8 companies on record, 3 new in 12 months

Investments on record

8 companies, 6 partner-attributed

Company	Round	Role	Partner	Round size	This investor	Date	Source
Wispr	portfolio listing	unknown	unknown	unknown	unknown	Sep 16, 2026	Fact Firm website
Fora	Funding round	lead	unknown	$60.0M	unknown	Jul 16, 2026	Fact Press release
Koah	Series A · Series A	participant	unknown	$20.5M	unknown	Feb 24, 2026	Fact Press release

Stated thesis versus observed behaviour

11 observed deals

Stated (the firm’s website)

Sectors: ai, fintech, healthcare, consumer, marketplaces, logistics, media
Stages: series b, early
Geography: not stated
Check size: not stated; DFX does not estimate checks from round sizes
Self-described: venture capital

Observed (from deals on record)

Stage at participation

series b 67%series a 33%

Stage at first entry

series b 67%series a 33%

Industries, each company once

Hardware and deep tech, Software or Tech-enabled and IT services (1)

lead rate 75%follow-on rate 29%new companies, 12 months 3

Team

9 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function

Brian Patrick O'Malley · Member, Forerunner Ventures Gp Iii, Llc
Why this person: Named with investment responsibility
Eurie Kim · Member, Forerunner Ventures Gp Iv, Llc
Why this person: Named with investment responsibility
Kirsten Anne Green · Manager - Forerunner Ventures, Gp Iii, Llc
Why this person: 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

9 current, 0 departed

Eurie Kim
Member, Forerunner Ventures Gp Iv, Llc · 4 deals attributed
Kirsten Anne Green
Manager - Forerunner Ventures, Gp Iii, Llc · 2 deals attributed
Brian Patrick O'Malley
Member, Forerunner Ventures Gp Iii, Llc

Contacts

2 general firm email, 1 published business email, 1 firm phone

2 general firm email, 1 published business email, 1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

17 vehicles, 1 LPs disclosed

Funds and vehicles

17 reported, 5 no longer reported

Vehicle	Type	Vintage	Lifecycle	Reported GAV	Owners	Form D sold	Latest Form D
Forerunner Builders VI, L.P.	Fund	2023 adv first reported	Active deployment	$522M Mar 31, 2026	82	unknown	unknown
Forerunner Friends VI, L.P.	Feeder or parallel	2023 adv first reported	Active deployment	$7.8M Mar 31, 2026	28	unknown	unknown
Forerunner Partners VI, L.P.	Fund	2022 form d first sale	Active deployment	$587M Mar 31, 2026	82	$1.0B of $1.0B	Feb 17, 2022

Limited partners

1 LPs, 1 disclosed commitments

Massachusetts Pension Reserves Investment Management Board
1 commitment · amounts undisclosed

Known LPs and allocators

2 relationships across the firm's funds, from public pensions and the allocator graph

Allocator	Type	Fund	Amount	Date	Source
Massachusetts Pension Reserves Investment Management Board	PUBLIC INSTITUTIONAL POOL	Forerunner at Forerunner Ventures Management, LLC	amount not disclosed	reported as of Jun 30, 2025	Fact Pension disclosure
TED Arison Family Found	FOUNDATION	Forerunner Builders VI, L.P.	$624,631 fair value on the foundation's return	reported as of Dec 31, 2024	Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

13 co-investors · on 2 other DFX graphs

Co-investors

13 counted from shared deals, for the whole firm

Union Square Ventures
2 shared deals · recurring
2021-06-10
GGV Capital
1 shared deal · one time
2026-10-01
Acrew Capital
1 shared deal · one time
2026-09-30

Across DFX and the capital chainon 2 other DFX graphs · 2 capital paths Show

Across DFX

The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records

Across the graphs

Forerunner Ventures Management, LLC is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA 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…

Capital chain

Forerunner Ventures Management, LLC sits on 2 traced paths of capital across the graphs.

Allocator commitments to a manager

DFX traced 2 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

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

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

34 dated events, 102 observations from 5 sources

Timeline

34 dated events

Mar 31, 2026
Forerunner Partners VII, L.P. first reported on Form ADV by Forerunner Ventures Management, LLC (Venture Capital Fund), GAV $505,187,217
Fund first reported on Form ADVFundsInferenceForerunner Partners VII, L.P.Form ADV
Jun 30, 2025
Mass PRIM lists Forerunner among its private equity managers
LP commitment disclosedLPsFactMassachusetts Pension Reserves Investment Management Board Pension disclosure
Apr 3, 2023
Forerunner Partners VI, L.P. first reported on Form ADV by Forerunner Ventures Management, LLC (Venture Capital Fund), GAV $495,169,042
Fund first reported on Form ADVFundsFactForerunner Partners VI, L.P.Form ADV
Apr 3, 2023
Forerunner Partners for Serena & Lily, LLC no longer reported on Form ADV by Forerunner Ventures Management, LLC
Fund no longer reportedFundsInferenceForerunner Partners for Serena & Lily, LLC Form ADV
Apr 3, 2023
Forerunner Builders VI, L.P. first reported on Form ADV by Forerunner Ventures Management, LLC (Venture Capital Fund), GAV $497,045,314
Fund first reported on Form ADVFundsFactForerunner Builders VI, L.P.Form ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 16 private fundsShow

Headquarters: San Francisco, CAadviserinfo.sec.gov
Office address: unknownadviserinfo.sec.gov
Business phone: unknownadviserinfo.sec.gov
Website: FORERUNNERVENTURES.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: 16 (16 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total: $4.2Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A: The Green Family Trust Dated October 13, 2016 (Manager, Forerunner Builders Gp Vi, Llc), owns 25% to 50%; The Colen Trust Dated June 20, 2001 (Member, Forerunner Builders Gp Vi, Llc), owns 5% to 10%; The Colen Trust, Dtd 6/20/01 As Amended (Member - Forerunner Ventures Gp I, Llc), owns 25% to 50%

Classification history

Every classification this record has carried3 on recordShow

Sep 23, 2026
Institutional venture firm (confirmed, 95%)
Venture manager, reported GAV $3.7B across 17 vehicles
Sep 15, 2026
Institutional venture firm (confirmed, 95%)
Venture manager, reported GAV $3.2B across 16 vehicles
Sep 12, 2026
Institutional venture firm (confirmed, 95%)
Venture manager, reported GAV $3.2B across 15 vehicles

Evidence

102 observations from 5 sources

Every observation behind this profile, with its source, date and class

Fact	Value	Effective	Class	Source
Why admitted	VC exemption, VC funds reported	Mar 31, 2026	Fact	Form ADV
SEC exemption claimed	Venture capital fund adviser	Mar 31, 2026	Fact	Form ADV
SEC exemption claimed	Venture capital fund adviser	Mar 22, 2024	Fact	Form ADV
SEC adviser type	Exempt reporting adviser	Mar 31, 2026	Fact	Form ADV
SEC adviser type	Exempt reporting adviser	Mar 31, 2026	Fact	Form ADV
SEC adviser type	Exempt reporting adviser	Mar 22, 2024	Fact	Form ADV
First Form ADV filing	2012-09-17	Mar 31, 2026	Fact	Form ADV
First Form ADV filing	2012-09-17	Mar 22, 2024	Fact	Form ADV
Adv history loaded	adv-hist-1+panel:2026-09-29	Sep 30, 2026	Fact	Form ADV
Adv history loaded	adv-hist-1+panel:2026-09-25	Sep 26, 2026	Fact	Form ADV
Adv history loaded	adv-hist-1+panel:2026-09-23	Sep 24, 2026	Fact	Form ADV
Adv history loaded	adv-hist-1+panel:2026-09-21	Sep 23, 2026	Fact	Form ADV
Adv history loaded	adv-hist-1+panel:2026-09-22	Sep 23, 2026	Fact	Form ADV
Adv history loaded	adv-hist-1	Sep 12, 2026	Fact	Form ADV
Latest Form ADV filing	2026-03-31	Mar 31, 2026	Fact	Form ADV
Latest Form ADV filing	2026-03-31	Mar 31, 2026	Fact	Form ADV
Latest Form ADV filing	2024-03-22	Mar 22, 2024	Fact	Form ADV
SEC status	ERA - Active	Mar 31, 2026	Fact	Form ADV
SEC status effective	2012-09-17	Mar 31, 2026	Fact	Form ADV
Venture share of reported funds	1	Mar 31, 2026	Fact	Form ADV
Venture share of reported funds	1	Mar 22, 2024	Fact	Form ADV
Business phone		Mar 31, 2026	Fact	Form ADV
Business phone		Mar 22, 2024	Fact	Form ADV
Description		Sep 16, 2026	Fact	no URL
Description		Sep 15, 2026	Fact	no URL
Entity type	Limited Partnership	Feb 28, 2022	Fact	Form D
Entity type	Limited Partnership	Jul 31, 2012	Fact	Form D
Form D fund type	Venture Capital Fund	Feb 28, 2022	Fact	Form D
Form D fund type	Venture Capital Fund	Jul 31, 2012	Fact	Form D
Form D industry group	Pooled Investment Fund	Feb 28, 2022	Fact	Form D
Form D industry group	Pooled Investment Fund	Jul 31, 2012	Fact	Form D
Amendment	false	Feb 28, 2022	Fact	Form D
Amendment	false	Jul 31, 2012	Fact	Form D
Revenue range (Form D)	Decline to Disclose	Feb 28, 2022	Fact	Form D
Revenue range (Form D)	Decline to Disclose	Jul 31, 2012	Fact	Form D
Headquarters	San Francisco, CA	Mar 31, 2026	Fact	Form ADV
Headquarters	San Francisco, CA	Mar 22, 2024	Fact	Form ADV
Incorporated	withinFiveYears	Feb 28, 2022	Fact	Form D
Incorporated	withinFiveYears	Jul 31, 2012	Fact	Form D
Jurisdiction	Delaware	Feb 28, 2022	Fact	Form D
Jurisdiction	Delaware	Jul 31, 2012	Fact	Form D
Amount sold (Form D)	5,190,000	Feb 28, 2022	Fact	Form D
Amount sold (Form D)	41,670,000	Jul 31, 2012	Fact	Form D
Offering amount (Form D)	5,190,000	Feb 28, 2022	Fact	Form D
Offering amount (Form D)	41,670,000	Jul 31, 2012	Fact	Form D
Exemptions	06b, 3C, 3C.1	Feb 28, 2022	Fact	Form D
Exemptions	06, 3C, 3C.7	Jul 31, 2012	Fact	Form D
First sale	2022-02-11	Feb 28, 2022	Fact	Form D
First sale	2012-07-18	Jul 31, 2012	Fact	Form D
Investors (Form D)	28	Feb 28, 2022	Fact	Form D
Investors (Form D)	25	Jul 31, 2012	Fact	Form D
Minimum investment (Form D)	0	Feb 28, 2022	Fact	Form D
Minimum investment (Form D)	0	Jul 31, 2012	Fact	Form D
Securities offered	pooled	Feb 28, 2022	Fact	Form D
Securities offered	pooled	Jul 31, 2012	Fact	Form D
Office address		Mar 31, 2026	Fact	Form ADV
Office address		Mar 22, 2024	Fact	Form ADV
Office address		Feb 28, 2022	Fact	Form D
Office address		Jul 31, 2012	Fact	Form D
Self-described type	Venture capital	Sep 16, 2026	Fact	no URL
Self-described type	Venture capital	Sep 15, 2026	Fact	no URL
Legal form	Limited Liability Company	Mar 31, 2026	Fact	Form ADV
Legal form	Limited Liability Company	Mar 22, 2024	Fact	Form ADV
Portfolio page		Sep 16, 2026	Fact	no URL
Portfolio page		Sep 15, 2026	Fact	no URL
Private funds reported	16	Mar 31, 2026	Fact	Form ADV
Private funds reported	16	Mar 31, 2026	Fact	Form ADV
Private funds reported	15	Mar 22, 2024	Fact	Form ADV
Private fund gross assets (reported)	$4.2B	Mar 31, 2026	Fact	Form ADV
Private fund gross assets (reported)	$4.2B	Mar 31, 2026	Fact	Form ADV
Private fund gross assets (reported)	$3.2B	Mar 22, 2024	Fact	Form ADV
Schedule a diff	sadiff-1	Mar 31, 2026	Fact	Form ADV
Stated sectors	AI, fintech, healthcare, consumer, marketplaces, logistics, media “sector words on the home page”	Sep 16, 2026	Fact	no URL
Stated sectors	AI, fintech, healthcare, consumer, marketplaces, logistics, media “sector words on the home page”	Sep 15, 2026	Fact	no URL
Stated stages	Series b, early “stage words on the home page”	Sep 16, 2026	Fact	no URL
Stated stages	Series b, early “stage words on the home page”	Sep 15, 2026	Fact	no URL
Team page		Sep 16, 2026	Fact	no URL
Team page		Sep 15, 2026	Fact	no URL
Venture funds reported	16	Mar 31, 2026	Fact	Form ADV
Venture funds reported	16	Mar 31, 2026	Fact	Form ADV
Venture funds reported	15	Mar 22, 2024	Fact	Form ADV
Website		Mar 22, 2024	Fact	Form ADV
Site title		Sep 16, 2026	Fact	no URL
Site title		Sep 15, 2026	Fact	no URL
Year of incorporation	2022	Feb 28, 2022	Fact	Form D
Year of incorporation	2012	Jul 31, 2012	Fact	Form D

How this is scored

Scores, classification basis and filing advisersInstitutional venture firm, confirmedShow

Importance

high

Active deployment

high

Emerging

low

Freshness

100

high

Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $3.7B across 17 vehicles

The inputs behind each score

importance: gav: $1 · funds: 1 · people: 1 · investments: 0.39 · co investors: 0.45
active deployment: investments 12m: 0.38 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-07-16
emerging manager: fund count: 22 · reported gav: $3.7B · first adv filing: 2012-09-17 · years since first filing: 14

Fits, record history and connections

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

Fits

11 scored matches, best firstas of 2026-10-01

score 40.7confidence 90%
Why: stage fit; activity; cap table
score 35.7confidence 80%
Why: stage fit; activity
score 35.7confidence 80%
Why: stage fit; activity

+8 more scored matches

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

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

2 identity changes, 4 dated events on the change ledger, latest event first

Merged in
2026-09-14
Merged in
2026-09-14
LP commitment disclosed
2025-06-30source on record

+3 more changes on this record's ledger

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

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.

What matters now

People to know

Relationship network

How am I connected?

▸Investing

▸Team

▸Funds and LPs

▸Relationships across DFX

▸Evidence and history

▸Fits, record history and connections

Fits

Record history

Investing

Team

Funds and LPs

Relationships across DFX

Evidence and history

Fits, record history and connections