Avenir Management Company, LLC

Multi-stage venture firmSEC-registered adviserClassification probable· New York, New YorkAVENIRGROWTH.COM

Multi-stage venture firm, based in New York, New York, reporting $3.9B of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$3.9B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
2
Latest vintage
2024
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

37 additional co-investors and affiliates, 118 additional investments, funds and LPs, 48 events, 2 verified contacts (1 general firm 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

  1. 7 companies
    portfolio raising

    7 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 10 Sep 2026 ($70M round).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactPress release wires (PR Newswire, GlobeNewswire)For Co-investors, LPs, lendersInvestments →
  2. 6 deals
    with Greycroft

    Invests most often alongside Greycroft (6 shared deals) and Spark Capital (5 shared deals).

    pair last observed on record 1 Oct 2026, 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 recordCo-investors →

People to know

View all people

Relationship network

166 connected entities1 observed round

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.

Reading the network
  • Sponsor
  • 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 Avenir Management Company, 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 Avenir Management Company, LLC

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

Investing

77 companies on record, 0 new in 12 months

Investments on record

77 companies, 1 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
AI SaaS for dentists www.videa.ai (External)portfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website
AI-powered photography diffuse.ly (External)portfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website
Airportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website

Stated thesis versus observed behaviour

78 observed deals
Stated (the firm’s website)
Sectors
ai, enterprise software, healthcare, consumer, energy, hardware, robotics, media, b2b
Stages
growth
Geography
chicago, maryland, new york, north carolina, virginia
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (5)Hospitality and leisure (1)
lead rate no observed dealsfollow-on rate 0%new companies, 12 months 0

Team

3 current, 1 departed

Decision makers

who to call first, and why; then everyone else by function
Who else at this firm · 1 person, grouped by function
Finance, operations and compliance (1)

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

3 current, 1 departed
1 departed (kept with end dates)

Contacts

1 general firm email, 1 firm phone

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

Funds and LPs

44 vehicles, 0 LPs disclosed

Funds and vehicles

44 reported, 2 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Azk4 LLCFund2024 adv first reportedEarly deployment$80.4M
Sep 14, 2026
7unknownunknown
Avenir Growth Partners V LPGrowth fund2023 form d first saleActive deployment$465M
Sep 14, 2026
50$425M
of $800M
Nov 26, 2024
Avenir Dandy Investors II LLCFund2023 adv first reportedActive deployment$136M
Sep 14, 2026
7unknownunknown

Limited partners

0 LPs, 0 disclosed commitments
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.

Known LPs and allocators

4 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
R B Terry Charitable Foundation IncFOUNDATIONAVENIR GROWTH PAR III at Avenir Management Company, LLC$1.8M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
Sturm Family FoundationFOUNDATIONAvenir Growth Partners IV LP$2.0M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
TED Arison Family FoundFOUNDATIONAvenir Growth Partners IV LP$2.8M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

137 co-investors · on 2 other DFX graphs

Co-investors

137 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 3 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Avenir Management Company, 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

Avenir Management Company, LLC sits on 3 traced paths of capital across the graphs.

Allocator commitments to a manager

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

53 dated events, 67 observations from 3 sources

Timeline

53 dated events
  1. Sep 14, 2026
    Acn5 LLC first reported on Form ADV by Avenir Management Company, LLC (Venture Capital Fund), GAV $35,041,523
    Fund first reported on Form ADVFundsInferenceAcn5 LLCForm ADV
  2. Sep 14, 2026
    Ama5 LLC first reported on Form ADV by Avenir Management Company, LLC (Venture Capital Fund), GAV $45,051,905
    Fund first reported on Form ADVFundsInferenceAma5 LLCForm ADV
  3. Sep 14, 2026
    Asy5 LLC first reported on Form ADV by Avenir Management Company, LLC (Venture Capital Fund), GAV $107,350,939
    Fund first reported on Form ADVFundsInferenceAsy5 LLCForm ADV
  4. Sep 14, 2026
    Arp4 LLC first reported on Form ADV by Avenir Management Company, LLC (Venture Capital Fund), GAV $73,724,466
    Fund first reported on Form ADVFundsInferenceArp4 LLCForm ADV
  5. Sep 14, 2026
    Arp4 II LLC first reported on Form ADV by Avenir Management Company, LLC (Venture Capital Fund), GAV $80,048,296
    Fund first reported on Form ADVFundsInferenceArp4 II LLCForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Sep 14, 2026 · 40 private fundsShow
Headquarters
New York, NYadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Sep 14, 2026
Private funds reported
40 (40 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$3.9Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$2.8Bthe adviser's RAUM, a regulatory measure, never a fund size
Employees
20
Owners on Schedule A
Avenir Management Holdings LP (Direct Holder), owns 75% or more; Avenir Management GP LLC (General Partner)

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (probable, 80%)
    Both early and growth/opportunity families, reported GAV $3.9B
  2. Sep 15, 2026
    Multi-stage venture firm (probable, 80%)
    Both early and growth/opportunity families, reported GAV $2.0B
  3. Sep 12, 2026
    Multi-stage venture firm (probable, 80%)
    Both early and growth/opportunity families, reported GAV $1.4B

Evidence

67 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedApr 29, 2026FactForm ADV
SEC adviser typeRegistered investment adviserSep 14, 2026FactForm ADV
SEC adviser typeRegistered investment adviserApr 29, 2026FactForm ADV
SEC adviser typeRegistered investment adviserApr 29, 2024FactForm ADV
First Form ADV filing2017-07-17Sep 14, 2026FactForm ADV
First Form ADV filing2017-07-17Apr 29, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-09-14Sep 14, 2026FactForm ADV
Latest Form ADV filing2026-04-29Apr 29, 2026FactForm ADV
Latest Form ADV filing2024-04-29Apr 29, 2024FactForm ADV
SEC statusApprovedApr 29, 2026FactForm ADV
SEC status effective2020-07-28Apr 29, 2026FactForm ADV
Venture share of reported funds1Sep 14, 2026FactForm ADV
Venture share of reported funds1Apr 29, 2024FactForm ADV
Business phoneApr 29, 2026FactForm ADV
Business phoneApr 29, 2024FactForm ADV
Employees20Apr 29, 2026FactForm ADV
Employees16Apr 29, 2024FactForm ADV
HeadquartersNew York, NYApr 29, 2026FactForm ADV
HeadquartersNew York, NYApr 29, 2024FactForm ADV
Office addressApr 29, 2026FactForm ADV
Office addressApr 29, 2024FactForm ADV
Legal formLimited Liability CompanyApr 29, 2026FactForm ADV
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 15, 2026Fact
Private funds reported40Sep 14, 2026FactForm ADV
Private funds reported40Apr 29, 2026FactForm ADV
Private funds reported36Apr 29, 2024FactForm ADV
Private fund gross assets (reported)$3.9BSep 14, 2026FactForm ADV
Private fund gross assets (reported)$3.9BApr 29, 2026FactForm ADV
Private fund gross assets (reported)$2.0BApr 29, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$2.8BApr 29, 2026FactForm ADV
Regulatory AUM (adviser, not fund size)$1.9BApr 29, 2024FactForm ADV
Schedule a diffsadiff-1Sep 29, 2026FactForm ADV
Stated geographyChicago, maryland, new york, north carolina, virginia
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyChicago, maryland, new york, north carolina, virginia
“geography words on the home page”
Sep 15, 2026Fact
Stated sectorsAI, enterprise software, healthcare, consumer, energy, hardware, robotics, media, B2B
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, enterprise software, healthcare, consumer, energy, hardware, robotics, media, B2B
“sector words on the home page”
Sep 15, 2026Fact
Stated stagesgrowth
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesgrowth
“stage words on the home page”
Sep 15, 2026Fact
Venture funds reported40Sep 14, 2026FactForm ADV
Venture funds reported40Apr 29, 2026FactForm ADV
Venture funds reported36Apr 29, 2024FactForm ADV
WebsiteApr 29, 2026FactForm ADV
WebsiteApr 29, 2024FactForm ADV
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, probableShow
Importance
71
high
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Multi-stage venture firm · probableSEC registered investment adviser

Both early and growth/opportunity families, reported GAV $3.9B

The inputs behind each score
importance
gav: 0.79 · funds: 1 · people: 0.08 · investments: 0.7 · co investors: 0.86
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 46 · reported gav: $3.9B · first adv filing: 2017-07-17 · years since first filing: 9.2

Fits, record history and connections

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

Fits

3 scored matches, best firstas of
  • score 48.6confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 18.7confidence 80%
    Why: activity; cap table
  • score 18.7confidence 80%
    Why: activity; cap table

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

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2017-07-17source 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.