Ironarc Management, LLC
Multi-stage venture firm, based in Austin, Texas, reporting $854M of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
23 additional investments, funds and LPs, 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.
What matters now
- 1 vehicleon Form D, 18 months
$93.2M reported sold so far.
A Form D is filed when a vehicle takes its first money, so these are open to LPs now.
People to know
View all people- Managing PartnerWhy: Managing partner: runs the firmNo route on file yet
- Managing PartnerWhy: Managing partner: runs the firmNo route on file yet
Relationship network
29 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.
- 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 Ironarc 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 Ironarc Management, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
0 companies on record, 0 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.Stated thesis versus observed behaviour
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
3 current, 0 departed
Decision makers
- Ishdeep Singh Dugal · Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibility
- Patrick Wilson Flynn · Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibility
Who else at this firm · 1 person, grouped by function
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
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.- Managing Partner
- Managing Partner
- Chief Compliance Officer & Vp Of Finance
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
26 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 |
|---|---|---|---|---|---|---|---|
| IronArc Opportunities XXIV, LP | Opportunity fund | 2026 form d first sale | Fundraising | $30.0M Sep 12, 2026 | 16 | $4.2M of $30.0M | Apr 13, 2026 |
| IronArc Opportunities XXI, LP | Opportunity fund | 2026 form d first sale | Newly closed | unknown | unknown | $20.8M of $20.8M | Jul 2, 2026 |
| IronArc Opportunities XXV, LP | Opportunity fund | 2026 form d first sale | Newly closed | unknown | unknown | $9.1M of $9.1M | Jun 8, 2026 |
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.Relationships across DFX
0 co-investors · on 1 other DFX graph
Co-investors
Across DFX and the capital chainon 1 other DFX graph ShowHide
- The same institution is held on RIA and Wealth, matched by identifier. See which records
Ironarc Management, LLC is the same institution as 1 record in RIA and Wealth.
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Evidence and history
4 dated events, 32 observations from 3 sources
Timeline
- seen on or beforeSep 12, 2026Ironarc Management, LLC: INSTITUTIONAL_VC -> MULTI_STAGE_VC (both early and growth/opportunity families, reported GAV $854M)Classification changedClassificationInference
- Sep 12, 2026Ironarc Opportunities Xxi, LP first reported on Form ADV by Ironarc Management, LLC, GAV $19,999,995
- Sep 12, 2026Ironarc Opportunities Xiii, LP first reported on Form ADV by Ironarc Management, LLC, GAV $14,376,184
- Aug 14, 2025Ironarc Management, LLC appears on the SEC adviser roster (RIA)
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 23 private fundsShowHide
- Headquarters
- Austin, TXadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- ironarcventures.com
- SEC adviser type
- Registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 30, 2026
- Private funds reported
- 23 (23 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $854Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $834Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 8
- Owners on Schedule A
- Goldenarc Group LLC (Managing Member), owns 50% to 75%; IronArc GP-A, LLC (General Parter), owns under 5%; Penney Ventures LLC (Managing Member), owns 50% to 75%
Classification history
Classification history
Every classification this record has carried2 on recordShowHide
- Sep 13, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $854M
- Sep 12, 2026Institutional venture firm (probable, 70%)Venture manager with no reported fund assets yet (scale unknown)
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC funds reported | Mar 30, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Mar 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-30 | Mar 30, 2026 | Fact | Form ADV |
| Adv pdf loaded | adv-pdf-1 | Sep 12, 2026 | Fact | Form ADV |
| SEC status | Approved | Mar 30, 2026 | Fact | Form ADV |
| SEC status effective | 2025-08-14 | Mar 30, 2026 | Fact | Form ADV |
| Business phone | Mar 30, 2026 | Fact | Form ADV | |
| Employees | 8 | Mar 30, 2026 | Fact | Form ADV |
| Headquarters | Austin, TX | Mar 30, 2026 | Fact | Form ADV |
| Office address | Mar 30, 2026 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Mar 30, 2026 | Fact | Form ADV |
| Private funds reported | 23 | Mar 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $854M | Mar 30, 2026 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $834M | Mar 30, 2026 | Fact | Form ADV |
| Venture funds reported | 23 | Mar 30, 2026 | Fact | Form ADV |
| Website | Mar 30, 2026 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact | ||
| Site title | Sep 29, 2026 | Fact | ||
| Site title | Sep 28, 2026 | Fact | ||
| Site title | Sep 27, 2026 | Fact | ||
| Site title | Sep 26, 2026 | Fact | ||
| Site title | Sep 25, 2026 | Fact | ||
| Site title | Sep 24, 2026 | Fact | ||
| Site title | Sep 23, 2026 | Fact | ||
| Site title | Sep 22, 2026 | Fact | ||
| Site title | Sep 21, 2026 | Fact | ||
| Site title | Sep 20, 2026 | Fact | ||
| Site title | Sep 19, 2026 | Fact | ||
| Site title | Sep 18, 2026 | Fact | ||
| Site title | Sep 17, 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, probableShowHide
Both early and growth/opportunity families, reported GAV $854M
- importance
- gav: 0.59 · funds: 1 · people: 0.08 · investments: 0 · 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: 26 · reported gav: $854M · first adv filing: 2025-08-14 · years since first filing: 1.1
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Organization classification changed2026-09-12
- Adviser's first ADV filing2025-08-14source 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.