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 / Delta-V Capital, LLC
Delta-V Capital, LLC
Private equity with venture activity · probableDenver, COdeltavcapital.comSEC registered investment adviser
Empowering innovation
registered adviser; venture funds are 3% of 24 private funds
Importance
35
elevated
Active deployment
55
elevated
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
18
moderate
Identity and regulatory footprint
- Headquarters
- Denver, COadviserinfo.sec.gov
- Office address
- 3001 BRIGHTON BLVD., SUITE 450, Denver, CO, 80216adviserinfo.sec.gov
- Business phone
- 303-405-7565adviserinfo.sec.gov
- Website
- HTTP://WWW.DELTAVCAPITAL.COM
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 25, 2024
- Private funds reported
- 24 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $1.2Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $1.3Bthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 18
- Owners on Schedule A
- Lewis Family Trust (Owner), B; Prdv Growth, LLC (Owner), C; Delta-V Capital Management, LP (Owner), D
- business phone
- 303-405-7565adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
68 observed deals
Stated (the firm’s website)
- Sectors
- enterprise software, devtools, vertical saas
- Stages
- not stated or not yet read
- Geography
- colorado, global
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation
series b 50%series c 50%
Stage at first entry
series b 50%series c 50%
Sectors
unknown 99%Other Technology 1%
lead rate 100%follow-on rate 0%new logos, 12 months 68
Funds and vehicles
5 reported, 2 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Delta-v Capital Digital Infrastructure Fund I, LP | Fund | 2025 form d first sale | Newly closed | unknown | unknown | $4.4M of $4.4M | Dec 2, 2025 |
| Delta-v Capital Digital Infrastructure Fund I-JP, LP | Fund | 2025 form d first sale | Newly closed | unknown | unknown | $74.5M of $74.5M | Dec 2, 2025 |
| Delta-V Capital Access Fund, LP | Fund · ADV: Private Equity Fund | 2013 form d first sale | Harvest | $4.7M Mar 25, 2024 | 3 | $35.0M of $35.0M | Feb 27, 2013 |
| Delta-V Capital 2011, LP | Fund · ADV: Private Equity Fund | 2011 name year | Harvest | $4.7M Mar 25, 2024 | 13 | $35.0M of $35.0M | Feb 26, 2013 |
| Delta-v Capital | Fund | unknown | Unknown | unknown | unknown | unknown | unknown |
| Delta-V Capital 2009, LP | Fund · ADV: Private Equity Fund | 2009 name year | Wound down | $819,004 Sep 13, 2019 | 6 | unknown | unknown |
| Manitou Associates, LLC | Fund | unknown | Wound down | $5.1M Mar 27, 2015 | 4 | 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
32 current, 0 departed
Ethan Epley
AssociateAssociate
Nikki Shah
AssociateAssociate
Patrick Schmelzinger
AssociateAssociate
Andy Grolnick
Founder or executiveformer CEO, LogRhythm
David Northington
Founder or executiveformer CEO, CloudSherpas
Joel Daly
Founder or executiveformer CEO and Co-founder, Hosting.com
Jon Hallett
Founder or executiveExecutive Chairman, BetterCloud
Kevin Merritt
Founder or executiveformer CEO, Socrata
Cat Bode
Investor relationsSenior Manager, Investor Relations & Operations
Lizzy Wente
Investor relationsDirector, Head of Investor Relations & Fundraising
Colin Barclay
PartnerPartner
Colin Joseph Barclay
PartnerPartner · since Dec 1, 2021
DAN Williams
PartnerPartner
DAN Williams
PartnerPartner
Daniel Jason Williams
PartnerPartner · since Dec 1, 2021
Dave Schaller
PartnerPartner
David Schaller
PartnerOwner · since Dec 1, 2021
Garrett Marsilio
PartnerPartner
Garrett Marsilio
PartnerMinority Owner · since Jan 1, 2024
Leslie Anne Lewis
PartnerOwner · since Dec 1, 2021
Rand Lewis
PartnerPartner
Rand Lewis
PartnerOwner · since Dec 1, 2021
Stephenie Lauricella
PartnerTeam Manager
Davis Carter
Platform and operationsSenior Finance Associate
George Conway
Platform and operationsFinance Associate
Kyle Lewis Rogers
Platform and operationsChief Operating Officer, Chief Compliance Officer · since Jul 1, 2016
Kyle Rogers
Platform and operationsChief Operating Officer
Connor Heard
PrincipalPrincipal
Connor Heard
PrincipalPrincipal
Wali Bacdayan
Venture partnerVenture Partner
Alex Stensland
Vice presidentVice President
Kimberly Kit
Vice presidentVice President
Investments on record
68 edges, 68 companies, 2 partner-attributed
“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
6 relationships from shared deals, counted for the whole firm
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
13 dated events
- Sep 12, 2026Delta-V Capital, LLC: CANDIDATE_VC -> PE_WITH_VENTURE_ACTIVITY (registered adviser; venture funds are 3% of 24 private funds)Classification changedClassificationInferenceno URL
- Jan 1, 2024Garrett Marsilio joined Schedule A of Delta-V Capital, LLC as Minority Owner
- Dec 1, 2021Daniel Jason Williams joined Schedule A of Delta-V Capital, LLC as Partner
- Dec 1, 2021Leslie Anne Lewis joined Schedule A of Delta-V Capital, LLC as Owner
- Dec 1, 2021Colin Joseph Barclay joined Schedule A of Delta-V Capital, LLC as Partner
- Mar 25, 2020Delta-V Capital 2009, LP no longer reported on Form ADV by Delta-V Capital, LLCFund no longer reportedFundsInferenceDelta-V Capital 2009, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 10, 2017Delta-v Capital Announces Final Close of $232 Million Fund IIIFund closedFundraisingFactDelta-v CapitalPress release wires (Business Wire, PR Newswire, GlobeNewswire public RSS)
- Jul 1, 2016Kyle Lewis Rogers joined Schedule A of Delta-V Capital, LLC as Chief Financial Officer, Chief Compliance Officer
- Mar 27, 2014Delta-V Capital Access Fund, LP first reported on Form ADV by Delta-V Capital, LLC (Venture Capital Fund), GAV $14,031,445Fund first reported on Form ADVFundsFactDelta-V Capital Access Fund, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012Manitou Associates, LLC first reported on Form ADV by Delta-V Capital, LLC (Venture Capital Fund), GAV $2,500,000Fund first reported on Form ADVFundsFactManitou Associates, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012Delta-V Capital 2009, LP first reported on Form ADV by Delta-V Capital, LLC (Venture Capital Fund), GAV $25,600,000Fund first reported on Form ADVFundsFactDelta-V Capital 2009, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012Delta-V Capital 2011, LP first reported on Form ADV by Delta-V Capital, LLC (Venture Capital Fund), GAV $25,000,000Fund first reported on Form ADVFundsFactDelta-V Capital 2011, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012Delta-V Capital, LLC first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Private equity with venture activity (probable, 75%, cls-1)registered adviser; venture funds are 3% of 24 private funds
- Sep 12, 2026Candidate (candidate, 50%, press-1)announced a venture fund close in a press release
Evidence
49 observations from 2 sources