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 / Gray Ghost Ventures
Gray Ghost Ventures
Institutional venture firm · probableAtlanta, GAgrayghostventures.comSEC registered investment adviser
venture manager, reported GAV $64M across 2 vehicles
Importance
13
low
Active deployment
4
low
Emerging
0
low
Completeness
63
high
Freshness
100
high
Research priority
3
low
Identity and regulatory footprint
- Headquarters
- Atlanta, GAadviserinfo.sec.gov
- Office address
- 2200 CENTURY PARKWAY, SUITE 100, Atlanta, GA, 30345adviserinfo.sec.gov
- Business phone
- 678-365-4700adviserinfo.sec.gov
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 9, 2017
- Private funds reported
- 2 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $64.4Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $64.4Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 7
- business email
- sawasthi@grayghostventures.comgrayghostventures.compublished by the subject
- business email
- info@grayghostventures.comgrayghostventures.compublished by the subject
- business phone
- 678-365-4700adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- media
- Stages
- not stated or not yet read
- Geography
- not stated
- 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 100%
lead rate n/afollow-on rate n/anew logos, 12 months 1
Funds and vehicles
2 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Gray Ghost Emerging Markets Fund III, L.P. | Fund | 2015 form d first sale | Harvest | $100 Mar 9, 2017 | 3 | $10.0M of $60.0M | May 2, 2017 |
| Gray Ghost Doen Social Ventures Coöperatief U.A. | Fund | unknown | Unknown | $64.4M Mar 9, 2017 | 3 | 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
7 current, 2 departed
Shashaank Awasthi
Board or advisoryAdvisor
Arun Gore
Founder or executivePresident and CEO
Impact Ventures
OtherPORTFOLIO
Arun Laxman Gore
PartnerMember And Manager · since Nov 1, 2011
Ashwini Parag Sahasrabudhe
Platform and operationsChief Financial Officer & Chief Compliance Officer · since Nov 1, 2015
Bahniman Hazarika
PrincipalDirector, Investments
Brian Cayce
Vice presidentVice President, Investments
2 departed (kept with end dates)
- Peter F. Schoenthaler · Chief Compliance Officer · Oct 1, 2013 to Aug 29, 2014 Inference
- Rusabh Ashar · Chief Compliance Officer · Jul 1, 2014 to Mar 22, 2016 Inference
Investments on record
1 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Designed by x3creative | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
“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
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
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
8 dated events
- Mar 22, 2016Rusabh Ashar (Chief Compliance Officer) no longer on Schedule A of Gray Ghost Ventures
- Nov 1, 2015Ashwini Parag Sahasrabudhe joined Schedule A of Gray Ghost Ventures as Chief Financial Officer & Chief Compliance Officer
- Aug 29, 2014Peter F. Schoenthaler (Chief Compliance Officer) no longer on Schedule A of Gray Ghost Ventures
- Jul 1, 2014Rusabh Ashar joined Schedule A of Gray Ghost Ventures as Chief Compliance Officer
- Mar 31, 2014Gray Ghost Emerging Markets Fund III, L.P. first reported on Form ADV by Gray Ghost Ventures (Venture Capital Fund), GAV $100Fund first reported on Form ADVFundsFactGray Ghost Emerging Markets Fund III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Oct 1, 2013Peter F. Schoenthaler joined Schedule A of Gray Ghost Ventures as Chief Compliance Officer
- Mar 30, 2012Gray Ghost Ventures 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)
- Mar 30, 2012Gray Ghost Doen Social Ventures Coöperatief U.A. first reported on Form ADV by Gray Ghost Ventures (Venture Capital Fund), GAV $35,000,000Fund first reported on Form ADVFundsFactGray Ghost Doen Social Ventures Coöperatief U.A.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (probable, 80%, cls-1)venture manager, reported GAV $64M across 2 vehicles
Evidence
32 observations from 2 sources