DFX Intelligence
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S••••••• M••••••••• I•••
Multi-stage venture firmSEC venture capital fund adviser· New York, New York
Multi-stage venture firm, based in New York, New York, reporting $52.0M of private fund gross assets across 2 funds.
Composed from this organization's classification, location and filed figures.
As of · the latest observation of this organization; filed figures are as of its latest Form ADV
- Fund gross assets
- $52.0M
- New companies, 12 mo
- None
- Investment team
- 4
- Latest vintage
- 2024
Form ADV, Schedule D
Portfolio pages, financing announcements and Form D
Form ADV Schedule A and the firm's team page
Form ADV and Form D
As of · the latest observation of this organization; filed figures are as of its latest Form ADV
Nothing material in the last 180 days. No dated change on record yet.
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShowHide
Importance
23
moderate
Active deployment
25
moderate
Emerging
0
low
Completeness
81
high
Freshness
100
high
Research priority
8
low
Multi-stage venture firmSEC exempt reporting adviser
Both early and growth/opportunity families, reported GAV $55M
Investments on recordWhat 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.
1 company, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| E•••••• T••••• · exited | portfolio listing | unknown | unknown | unknown | unknown | Sep 15, 2026 | Fact Firm website |
Investment teamHow 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.
8 current, 2 departed
- Managing Partner and
- Managing Partner and
- Adam Blackman – Senior Managing Director, Payments / Vertical Software, Guggenheim Investment Banking
- INVESTMENT TEAM
- Executive Assistant
Full team · 8 peoplewith contacts and sources
D•••••• a• F•••••••••
Managing partnerManaging Partner and
FactFirm website
L•••• B• S•••••
Managing partnerManaging Partner and
FactFirm website
A•••• K••••••
PartnerAdam Blackman – Senior Managing Director, Payments / Vertical Software, Guggenheim Investment Banking
FactFirm website
S••••• P•••
AssociateINVESTMENT TEAM
FactFirm website
R•••• E••••
Platform and operationsExecutive Assistant
FactFirm website
R••••• E• K••••
Platform and operationsChief Financial Officer · since Feb 1, 2000
FactForm ADV
K•• E••••
OtherPortfolio
FactFirm website
D•••••• A••• F•••••••••
Founder or executivePresident, Treasurer And Shareholder · since Sep 1, 1998
FactForm ADV
2 departed (kept with end dates)
- J••••• M• S••••••• · Cio And Shareholder · Sep 1, 1998 to Feb 21, 2014 Inference
- L•••••• A•••••• B•••••• · Vice President And Shareholder · Jan 1, 2012 to Feb 21, 2014 Inference
Co-investors
3 counted from shared deals, for the whole firm
- 2026-09-161 shared deal · one time
- 2026-09-161 shared deal · one time
- 2026-09-161 shared deal · one time
Funds and vehiclesWhat 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.
4 reported, 4 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| S••••••• P••••••• I••••• L••• | Fund | 2024 adv first reported | Early deployment | $37.2M Mar 17, 2026 | 14 | $0 | May 16, 2023 |
| S• B•••• I• L•• | Fund | 2022 adv first reported | Active deployment | $276,853 Mar 27, 2024 | 6 | unknown | unknown |
| S• B•••• L•• | Fund | 2018 adv first reported | Harvest | $2.6M Mar 27, 2024 | 8 | unknown | unknown |
| S••••••• P••••••• O••••••••• F•••• L••• | Opportunity fund | 2014 form d first sale | Harvest | $14.7M Mar 17, 2026 | 5 | $19.0M | Dec 24, 2014 |
| S••••••• P••••••• I•• L••• | Fund | unknown | Wound down | $52.6M Mar 27, 2023 | 18 | unknown | unknown |
View all 8 vehiclesnewest vintage first, no longer reported last
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| S••••••• P••••••• I••••• L••• | Fund | 2024 adv first reported | Early deployment | $37.2M Mar 17, 2026 | 14 | $0 | May 16, 2023 |
| S• B•••• I• L•• | Fund | 2022 adv first reported | Active deployment | $276,853 Mar 27, 2024 | 6 | unknown | unknown |
| S• B•••• L•• | Fund | 2018 adv first reported | Harvest | $2.6M Mar 27, 2024 | 8 | unknown | unknown |
| S••••••• P••••••• O••••••••• F•••• L••• | Opportunity fund | 2014 form d first sale | Harvest | $14.7M Mar 17, 2026 | 5 | $19.0M | Dec 24, 2014 |
| S••••••• P••••••• I•• L••• | Fund | unknown | Wound down | $52.6M Mar 27, 2023 | 18 | unknown | unknown |
| S••••••• P••••••• I• ••••••••• L••• | Feeder or parallel | unknown | Wound down | $18.8M Mar 27, 2023 | 2 | unknown | unknown |
| S••••••• P••••••• I• ••••••••• L••• | Fund | unknown | Wound down | $336,439 Mar 27, 2023 | 7 | unknown | unknown |
| S••••••• P•••••••• L••• | Fund | unknown | Wound down | $0 Mar 3, 2022 | 50 | unknown | unknown |
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- ai, enterprise software
- Stages
- growth
- Geography
- new york
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- growth investor
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate no observed dealsfollow-on rate no observed dealsnew logos, 12 months 0
Limited partners
2 LPs, 2 disclosed commitments
- 1 commitment to 1 fund · $50.0M disclosed
- 1 commitment to 1 fund · $5.0M disclosed
Timeline
15 dated events
- Mar 27, 2024••• Locked
- Mar 27, 2024••• Locked
- Mar 27, 2024••• Locked
- Mar 27, 2024••• Locked
- Mar 27, 2023••• Locked
Full timeline · 15 eventsnewest first; portfolio-page removals last
- Mar 27, 2024••• Locked
- Mar 27, 2024••• Locked
- Mar 27, 2024••• Locked
- Mar 27, 2024••• Locked
- Mar 27, 2023••• Locked
- Mar 3, 2022••• Locked
- Feb 21, 2018••• Locked
- Mar 16, 2015••• Locked
- Feb 21, 2014••• Locked
- Feb 21, 2014••• Locked
- Mar 27, 2012••• Locked
- Mar 27, 2012••• Locked
- Mar 27, 2012••• Locked
- Mar 27, 2012••• Locked
- Mar 27, 2012••• Locked
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 17, 2026 · 2 private fundsShowHide
- Headquarters
- New York, NYadviserinfo.sec.gov
- Office address
- ••• Lockedadviserinfo.sec.gov
- Business phone
- ••• Lockedadviserinfo.sec.gov
- Website
- s•••••••••.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 17, 2026
- Private funds reported
- 2 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $52.0Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
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 $55M
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $88M
Evidence
56 observations from 4 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 17, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 17, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 27, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 17, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 17, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 27, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-03-27 | Mar 17, 2026 | Fact | Form ADV |
| First Form ADV filing | 2012-03-27 | Mar 27, 2024 | 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 | 2026-03-17 | Mar 17, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-17 | Mar 17, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-27 | Mar 27, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 17, 2026 | Fact | Form ADV |
| SEC status effective | 2012-03-27 | Mar 17, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 17, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 27, 2024 | Fact | Form ADV |
| Business phone | ••• Locked | Mar 17, 2026 | Fact | Form ADV |
| Business phone | ••• Locked | Mar 27, 2024 | Fact | Form ADV |
| Headquarters | New York, NY | Mar 27, 2024 | Fact | Form ADV |
| Office address | ••• Locked | Mar 27, 2024 | Fact | Form ADV |
| Self-described type | Growth investor “••• Locked” | Sep 15, 2026 | Fact | Firm website |
| Legal form | Corporation | Mar 17, 2026 | Fact | Form ADV |
| Legal form | Corporation | Mar 27, 2024 | Fact | Form ADV |
| Portfolio page | ••• Locked “••• Locked” | Sep 15, 2026 | Fact | Firm website |
| Private funds reported | 2 | Mar 17, 2026 | Fact | Form ADV |
| Private funds reported | 2 | Mar 17, 2026 | Fact | Form ADV |
| Private funds reported | 4 | Mar 27, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $52.0M | Mar 17, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $52.0M | Mar 17, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $87.6M | Mar 27, 2024 | Fact | Form ADV |
| Stated geography | new york “geography words on the home page” | Sep 15, 2026 | Fact | Firm website |
| Stated sectors | AI, enterprise software “sector words on the home page” | Sep 15, 2026 | Fact | Firm website |
| Stated stages | growth “stage words on the home page” | Sep 15, 2026 | Fact | Firm website |
| Team page | ••• Locked “••• Locked” | Sep 15, 2026 | Fact | Firm website |
| Venture funds reported | 2 | Mar 17, 2026 | Fact | Form ADV |
| Venture funds reported | 2 | Mar 17, 2026 | Fact | Form ADV |
| Venture funds reported | 4 | Mar 27, 2024 | Fact | Form ADV |
| Website | ••• Locked | Mar 17, 2026 | Fact | Form ADV |
| Website | ••• Locked | Mar 27, 2024 | Fact | Form ADV |
| Site title | ••• Locked “••• Locked” | Sep 15, 2026 | Fact | Firm website |