Blackhorn Ventures Management, LLC
Blackhorn partners with determined visionaries unleashing the power of data to reimagine how we build, power, and move our world.
In the firm's own words, from its website.
17 additional team members, 9 additional investments, funds and LPs, 9 events, 17 verified contacts (16 professional url, 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
- 1 companynew in 12 months
1 new company in the last 12 months. Took 1 board seat on new Form D filings in 90 days (Tristar AI).
A firm writing cheques this quarter is one a founder can pitch now.
- 1 companyportfolio raising
One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 6 Jul 2026 ($13M sold on Form D).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
People to know
View all people- Managing PartnerWhy: Managing partner: runs the firmProfile
- Co-Founder and Managing PartnerWhy: Managing partner: runs the firmNo route on file yet
- ManagerWhy: Named with investment responsibilityNo route on file yet
Relationship network
33 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.
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.
- Company
- Fund or vehicle
- Person
›How strength and recency are read
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 Blackhorn 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 Blackhorn Ventures Management, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
2 companies on record, 1 new in 12 months
Investments on record
What these amounts mean“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.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Tristar AI Inc. | board seat | unknown · board | Philip O'Connor (strongly supported) | unknown | unknown | Jul 21, 2026 | Inference Form D |
Stated thesis versus observed behaviour
- Sectors
- ai, enterprise software, climate, hardware, robotics, defense, data infrastructure, industrial
- Stages
- seed
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
21 current, 0 departed
Decision makers
- Melissa Cheong · Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibilityLinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
- Behind Yours · Co-Founder and Managing PartnerWhy 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. 1 with a route on file. 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
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Co-Founder and Managing Partner
- Managing Partner
- Manager · 1 deal attributed
Contacts
1 firm phone, 16 professional url on record, each with its source. Values open with the complete profile.
Funds and LPs
12 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV 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.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Blackhorn Locomation Investment Spv | SPV or co-invest vehicle | 2022 adv first reported | Active deployment | $0 Mar 28, 2024 | 1 | $0 of $1.5M | Sep 30, 2021 |
| Blackhorn Humatics Investment II Spv, LLC | SPV or co-invest vehicle | 2020 form d first sale | Mature | $781,350 Aug 7, 2026 | 14 | $6.4M of $6.4M | Oct 2, 2020 |
| Blackhorn Aperia Spv, LLC | SPV or co-invest vehicle | 2018 form d first sale | Harvest | $1.7M Aug 7, 2026 | 7 | $875,000 of $1.0M | Sep 12, 2018 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Surdna Foundation Inc | FOUNDATION | Blackhorn Ventures Industrial Impact Fund, LP | $857,587 fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| The Grantham Foundation for the Protection of the Environment | FOUNDATION | Blackhorn Ventures Industrial Impact Fund, LP | $873,138 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| Roundhouse Foundation Irrv Charitable Tr | FOUNDATION | BLACKHORN VENTURES at Blackhorn Ventures Management, LLC | $803,166 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
0 co-investors · on 2 other DFX graphs
Co-investors
Across DFX and the capital chainon 2 other DFX graphs · 3 capital paths ShowHide
- The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Blackhorn Ventures Management, LLC is the same institution as 2 records in Allocators and RIA and Wealth.
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…
Blackhorn Ventures Management, LLC sits on 3 traced paths of capital across the graphs.
DFX traced 3 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
14 dated events, 67 observations from 3 sources
Timeline
- Apr 4, 2022Blackhorn Locomation Investment Spv first reported on Form ADV by Blackhorn Ventures Management, LLC (Venture Capital Fund), GAV $1,014,630
- Mar 31, 2021Blackhorn Humatics Investment II Spv, LLC first reported on Form ADV by Blackhorn Ventures Management, LLC (Venture Capital Fund), GAV $12,486,750
- Mar 24, 2020Blackhorn Ventures Industrial Impact Fund, LP first reported on Form ADV by Blackhorn Ventures Capital Management, LLC (Venture Capital Fund), GAV $55,410,000
- Mar 24, 2020Blackhorn Ewf Investment Spv, LLC first reported on Form ADV by Blackhorn Ventures Capital Management, LLC (Venture Capital Fund), GAV $1,390,000
- Mar 24, 2020Blackhorn Motiv Investment Spv, LLC first reported on Form ADV by Blackhorn Ventures Capital Management, LLC (Venture Capital Fund), GAV $1,575,000
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Aug 7, 2026 · 11 private fundsShowHide
- Headquarters
- Denver, COadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- BLACKHORNVC.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
- Aug 7, 2026
- Private funds reported
- 11 (11 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $131Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Classification history
Every classification this record has carried2 on recordShowHide
- Sep 23, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $131M
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $195M
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Aug 7, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Aug 7, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 28, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Aug 7, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Aug 7, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 28, 2024 | Fact | Form ADV |
| First Form ADV filing | 2020-03-24 | Aug 7, 2026 | Fact | Form ADV |
| First Form ADV filing | 2020-03-24 | Mar 28, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | 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 | 2026-08-07 | Aug 7, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-08-07 | Aug 7, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-28 | Mar 28, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Aug 7, 2026 | Fact | Form ADV |
| SEC status effective | 2020-03-24 | Aug 7, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Aug 7, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 28, 2024 | Fact | Form ADV |
| Business phone | Aug 7, 2026 | Fact | Form ADV | |
| Business phone | Mar 28, 2024 | Fact | Form ADV | |
| Contact page url | Oct 1, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Oct 1, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 15, 2026 | Fact | ||
| Headquarters | Denver, CO | Aug 7, 2026 | Fact | Form ADV |
| Headquarters | Denver, CO | Mar 28, 2024 | Fact | Form ADV |
| Office address | Aug 7, 2026 | Fact | Form ADV | |
| Office address | Mar 28, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Aug 7, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 28, 2024 | Fact | Form ADV |
| Portfolio page | Oct 1, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 15, 2026 | Fact | ||
| Private funds reported | 11 | Aug 7, 2026 | Fact | Form ADV |
| Private funds reported | 11 | Aug 7, 2026 | Fact | Form ADV |
| Private funds reported | 12 | Mar 28, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $131M | Aug 7, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $131M | Aug 7, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $195M | Mar 28, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Aug 7, 2026 | Fact | Form ADV |
| Stated sectors | AI, enterprise software, climate, hardware, robotics, defense, data infrastructure, industrial “sector words on the home page” | Oct 1, 2026 | Fact | |
| Stated sectors | AI, enterprise software, climate, hardware, robotics, defense, data infrastructure, industrial “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | AI, enterprise software, climate, hardware, robotics, defense, data infrastructure, industrial “sector words on the home page” | Sep 15, 2026 | Fact | |
| Stated stages | seed “stage words on the home page” | Oct 1, 2026 | Fact | |
| Stated stages | seed “stage words on the home page” | Sep 16, 2026 | Fact | |
| Stated stages | seed “stage words on the home page” | Sep 15, 2026 | Fact | |
| Team page | Oct 1, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 15, 2026 | Fact | ||
| Venture funds reported | 11 | Aug 7, 2026 | Fact | Form ADV |
| Venture funds reported | 11 | Aug 7, 2026 | Fact | Form ADV |
| Venture funds reported | 12 | Mar 28, 2024 | Fact | Form ADV |
| Website | Aug 7, 2026 | Fact | Form ADV | |
| Website | Mar 28, 2024 | Fact | Form ADV | |
| Site title | Oct 1, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 15, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmed · 2 filing advisers share this firmShowHide
Both early and growth/opportunity families, reported GAV $131M
This firm files as 2 advisers on blackhornvc.com: Blackhorn Ventures Management II, 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.
- importance
- gav: 0.34 · funds: 1 · people: 0.4 · investments: 0 · co investors: 0
- active deployment
- investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: 2026-07-21
- emerging manager
- fund count: 12 · reported gav: $131M · first adv filing: 2020-03-24 · years since first filing: 6.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Adviser's first ADV filing2020-03-24source 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.