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 / Ifly Management, LLC

Ifly Management, LLC

Multi-stage venture firmAustin, TXifly.vcSEC venture capital fund adviser

iFly.vc is a seed venture capital firm investing in technology-enabled consumer products and services. We back founders building the future of American consumer innovation through AI, commerce, retail, and cross cultural ideas.

both early and growth/opportunity families, reported GAV $568M

Importance
44
elevated
Active deployment
36
elevated
Emerging
0
low
Completeness
81
high
Freshness
100
high
Research priority
13
low
Identity and regulatory footprint
Headquarters
Austin, TXadviserinfo.sec.gov
Office address
5900 BALCONES DRIVE, SUITE 100, Austin, TX, 78731adviserinfo.sec.gov
Business phone
215-527-2547adviserinfo.sec.gov
Website
https://ifly.vc
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 27, 2026
Private funds reported
9 (9 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$259Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
business email
info@ifly.vcifly.vcpublished by the subject
business phone
215-527-2547adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
4 observed deals
Stated (the firm’s website)
Sectors
ai, consumer, hardware, robotics, logistics
Stages
pre seed, seed, series a
Geography
austin, global
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
Sectors
unknown 75%Other 25%
lead rate n/afollow-on rate n/anew logos, 12 months 3
Funds and vehicles
13 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Kamerra Stallion, LLCFund2026 form d first saleFundraisingunknownunknown$700,000Jun 29, 2026
MDT Growth & Income Fund I LPGrowth fund2025 form d first saleNewly closedunknownunknown$125,000
of $125,000
Nov 18, 2025
Ifly Alorsfaim Spv 2022, LPSPV or co-invest vehicle2022 name yearActive deployment$3.2M
Mar 29, 2024
8unknownunknown
Monta Vista Investment Group 2021, L.P.Fund2021 name yearMature$15.2M
Mar 29, 2024
49unknownunknown
SPV Skyhawk 2019, L.P.SPV or co-invest vehicle2019 name yearMature$161M
Mar 29, 2024
14unknownunknown
Ifly Venture Fund II, LPFund2019 form d first saleMature$30.2M
Mar 29, 2024
58$23.1MOct 19, 2020
Pilatus 2018, LPFund2018 name yearHarvest$83.4M
Mar 29, 2024
3unknownunknown
Ifly Venture Fund, L.P.FundunknownUnknown$196M
Mar 29, 2024
21$0
of $100M
Sep 16, 2016
Ifly Weee Spv-2, LPSPV or co-invest vehicleunknownUnknown$53.4M
Mar 29, 2024
15unknownunknown
Ifly Weee Spv-3, LPSPV or co-invest vehicleunknownUnknown$23.2M
Mar 29, 2024
51unknownunknown
Ifly Spv Bimetallic, L.P.SPV or co-invest vehicleunknownUnknown$3.4M
Mar 29, 2024
10unknownunknown
Kamerra Eagle, LLCFundunknownFundraisingunknownunknown$0Apr 2, 2026
Kamerra Tamarin, LLCFundunknownFundraisingunknownunknown$0Apr 2, 2026
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
12 current, 0 departed
Brian Goodall
Founder, First Garden City Consulting
Founder or executive
FactVenture organization websites (about, team, portfolio, thesis, news pages)
Free Wu
Founder, Welight Capital
Founder or executive
FactVenture organization websites (about, team, portfolio, thesis, news pages)
Qingyun Cao
Founder, Silicon Valley Vector
Founder or executive
FactVenture organization websites (about, team, portfolio, thesis, news pages)
Alfred Chu
Managing Partner, Starlite Investment Group
Managing partner
FactVenture organization websites (about, team, portfolio, thesis, news pages)
HAN Shen
Managing Member · since Aug 1, 2021
Managing partner
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Huiting Koh
Founding Managing Partner, Blueprint Ventures
Managing partner
FactVenture organization websites (about, team, portfolio, thesis, news pages)
JOE Lonsdale
Founding Partner, 8VC
Managing partner
FactVenture organization websites (about, team, portfolio, thesis, news pages)
Radu Rasu
Managing Partner, Exponential
Managing partner
FactVenture organization websites (about, team, portfolio, thesis, news pages)
Jim Jensen
Partner, Orrick
Partner
FactVenture organization websites (about, team, portfolio, thesis, news pages)
Danny Bin
Head of Private Market Technology, Principal Asset Management
Principal
FactVenture organization websites (about, team, portfolio, thesis, news pages)
Martin Salomon
Venture Advisor
Venture partner
FactVenture organization websites (about, team, portfolio, thesis, news pages)
Eric Johnson
VP of Product, Modular A
Vice president
FactVenture organization websites (about, team, portfolio, thesis, news pages)
Investments on record
4 edges, 4 companies, 1 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
INDUSTRIAL TECHportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Nextvrportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
RESTAURANT CHAINportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Yummy Bazaar, Inc.board seatunknown · boardHAN Shen (strongly supported)unknownunknownMay 22, 2025Inference SEC EDGAR Form D data sets (quarterly)
“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
2 relationships from shared deals, counted for the whole firm
Matrix 1 shared · one timeNext Legacy Management, LLC 1 shared · one time
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
11 dated events
  1. Sep 12, 2026
    Ifly Management, LLC: INSTITUTIONAL_VC -> MULTI_STAGE_VC (both early and growth/opportunity families, reported GAV $568M)
    Classification changedClassificationInferenceno URL
  2. Mar 29, 2023
    Ifly Alorsfaim Spv 2022, LP first reported on Form ADV by Ifly Management, LLC (Venture Capital Fund), GAV $3,130,400
    Fund first reported on Form ADVFundsFactIfly Alorsfaim Spv 2022, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  3. Mar 29, 2023
    Ifly Weee Spv-2, LP first reported on Form ADV by Ifly Management, LLC (Venture Capital Fund), GAV $2,500,000
    Fund first reported on Form ADVFundsFactIfly Weee Spv-2, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  4. Mar 29, 2023
    Ifly Venture Fund, L.P. first reported on Form ADV by Ifly Management, LLC (Venture Capital Fund), GAV $18,030,303
    Fund first reported on Form ADVFundsFactIfly Venture Fund, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  5. Mar 29, 2023
    Ifly Venture Fund II, LP first reported on Form ADV by Ifly Management, LLC (Venture Capital Fund), GAV $45,890,000
    Fund first reported on Form ADVFundsFactIfly Venture Fund II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  6. Mar 29, 2023
    Ifly Management, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  7. Mar 29, 2023
    Ifly Weee Spv-3, LP first reported on Form ADV by Ifly Management, LLC (Venture Capital Fund), GAV $17,500,000
    Fund first reported on Form ADVFundsFactIfly Weee Spv-3, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  8. Mar 29, 2023
    Monta Vista Investment Group 2021, L.P. first reported on Form ADV by Ifly Management, LLC (Venture Capital Fund), GAV $11,088,000
    Fund first reported on Form ADVFundsFactMonta Vista Investment Group 2021, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  9. Mar 29, 2023
    Ifly Spv Bimetallic, L.P. first reported on Form ADV by Ifly Management, LLC (Venture Capital Fund), GAV $3,254,997
    Fund first reported on Form ADVFundsFactIfly Spv Bimetallic, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  10. Mar 29, 2023
    Pilatus 2018, LP first reported on Form ADV by Ifly Management, LLC (Venture Capital Fund), GAV $1,025,000
    Fund first reported on Form ADVFundsFactPilatus 2018, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  11. Mar 29, 2023
    SPV Skyhawk 2019, L.P. first reported on Form ADV by Ifly Management, LLC (Venture Capital Fund), GAV $1,975,000
    Fund first reported on Form ADVFundsFactSPV Skyhawk 2019, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
  1. Sep 12, 2026
    Multi-stage venture firm (confirmed, 95%, cls-1)
    both early and growth/opportunity families, reported GAV $568M
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%, cls-1)
    venture manager, reported GAV $568M across 9 vehicles
Evidence
44 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedvc_exemption,vc_funds_reportedMar 27, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserMar 27, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC adviser typeexempt_reporting_adviserMar 27, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeexempt_reporting_adviserMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2023-03-29Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2026-03-27Mar 27, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Latest Form ADV filing2024-03-29Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC statusERA - ActiveMar 27, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC status effective2023-03-29Mar 27, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture share of reported funds1Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone215-527-2547Mar 27, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Business phone215-527-2547Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
DescriptioniFly.vc is a seed venture capital firm investing in technology-enabled consumer products and services. We back founders building the future of American consumer innovation through AI, commerce, retail, and cross cultural ideas.
“meta description”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptioniFly.vc is a seed venture capital firm investing in technology-enabled consumer products and services. We back founders building the future of American consumer innovation through AI, commerce, retail, and cross cultural ideas.
“meta description”
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
HeadquartersAustin, TXMar 27, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
HeadquartersAustin, TXMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address5900 BALCONES DRIVE, SUITE 100, Austin, TX, 78731Mar 27, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Office address5900 BALCONES DRIVE, SUITE 100, Austin, TX, 78731Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Legal formLimited Liability CompanyMar 27, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Legal formLimited Liability CompanyMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Portfolio pagehttps://www.ifly.vc/portfolio
“3 entries read”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Portfolio pagehttps://www.ifly.vc/portfolio
“3 entries read”
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Private funds reported9Mar 27, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private funds reported9Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$259MMar 27, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private fund gross assets (reported)$568MMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Stated geographyaustin,global
“geography words on the home page”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyaustin,global
“geography words on the home page”
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsai,consumer,hardware,robotics,logistics
“sector words on the home page”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsai,consumer,hardware,robotics,logistics
“sector words on the home page”
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated stagespre_seed,seed,series_a
“stage words on the home page”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated stagespre_seed,seed,series_a
“stage words on the home page”
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://www.ifly.vc/team
“11 name/title pairs read”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://www.ifly.vc/team
“11 name/title pairs read”
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported9Mar 27, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture funds reported9Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Websitehttps://ifly.vcMar 27, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Websitehttps://ifly.vcMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site titleMake American Consumers Happy
“title tag”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleMake American Consumers Happy
“title tag”
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)