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 / Wonder Ventures Management, LLC
Wonder Ventures Management, LLC
both early and growth/opportunity families, reported GAV $293M
Importance
46
elevated
Active deployment
55
elevated
Emerging
0
low
Completeness
56
elevated
Freshness
100
high
Research priority
24
moderate
Identity and regulatory footprint
- Headquarters
- Santa Monica, CAadviserinfo.sec.gov
- Office address
- 2924 1/2 MAIN STREET, Santa Monica, CA, 90401adviserinfo.sec.gov
- Business phone
- (310) 910-1067adviserinfo.sec.gov
- Website
- HTTP://WWW.WONDERVC.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 19, 2026
- Private funds reported
- 12 (12 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $466Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- (310) 910-1067adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
56 observed deals
Stated (the firm’s website)
- 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
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 96%Other Technology 2%Telecommunications 2%
lead rate n/afollow-on rate n/anew logos, 12 months 56
Funds and vehicles
12 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Wonder Ventures IV Sidecar, L.P. | SPV or co-invest vehicle | 2023 form d first sale | Active deployment | unknown | unknown | $1.3M of $1.3M | Jan 4, 2024 |
| Wonder Ventures Inflection Fund I, L.P. | Fund | 2022 form d first sale | Active deployment | $46.7M Mar 18, 2024 | 6 | $7.2M of $7.2M | Sep 15, 2022 |
| Wonder What Opportunity I, LLC | Opportunity fund | 2021 form d first sale | Mature | $35.9M Mar 18, 2024 | 9 | $1.5M of $1.5M | Feb 5, 2021 |
| Wonder Ventures II, L.P. | Fund | 2017 form d first sale | Harvest | $128M Mar 18, 2024 | 36 | $14.9M of $16.0M | Jun 8, 2018 |
| Wonder Ventures, L.P. | Fund | 2014 form d first sale | Harvest | $20.2M Mar 18, 2024 | 2 | $5.0M of $5.0M | Nov 24, 2014 |
| Wonder Ventures III, L.P. | Fund | unknown | Unknown | $37.5M Mar 18, 2024 | 24 | $0 of $30.0M | Feb 28, 2020 |
| Wonder a Energy, LLC | Fund | unknown | Unknown | $9.4M Mar 18, 2024 | 1 | unknown | unknown |
| Drmd Fund I, L.P. | Fund | unknown | Unknown | $9.2M Mar 18, 2024 | 3 | unknown | unknown |
| Wonder Ventures III Sidecar, L.P. | SPV or co-invest vehicle | unknown | Unknown | $3.0M Mar 18, 2024 | 35 | $0 of $1.8M | Jan 8, 2021 |
| Wonder a Dray, LLC | Fund | unknown | Unknown | $2.0M Mar 18, 2024 | 2 | unknown | unknown |
| Wonder Tgm Tala, LLC | Fund | unknown | Unknown | $2.0M Mar 18, 2024 | 1 | unknown | unknown |
| Wonder Ventures IV, L.P. | Fund | unknown | Unknown | $0 Mar 18, 2024 | 5 | 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
6 current, 0 departed
Taylor Bolhack
Board or advisoryAdvisor
Valentina Rodriguez
General partnerGeneral Partner
Dustin Rosen
Managing partnerManaging Partner
Dustin Rosen
PartnerMember · since Nov 1, 2014
Lida Vandermeer
Platform and operationsHead of Platform
Jiyoung Jeong
Vice presidentSenior Associate Investor
Investments on record
56 edges, 56 companies, 0 partner-attributed
“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
40 relationships from shared deals, counted for the whole firm
Tenoneten 4 shared · strongBAM Ventures 3 shared · recurringWestern Technology Investment (wti) 3 shared · recurringAmplify Partners 3 shared · recurringTQ Ventures LLC 3 shared · recurringInstitutional Venture 2 shared · recurringCRV, LLC 2 shared · recurringGrdnt LLC 2 shared · recurringMac Venture Capital 2 shared · recurringFFF Management Co. LLC 1 shared · one timeSPP Management Services, LLC 1 shared · one timeTarget Global Selected Opportunities LP 1 shared · one timeCore Venture Capital 1 shared · one timeCNK Equity Partners I, LLC 1 shared · one timemark vc 1 shared · one timeTrive Capital Management LLC 1 shared · one timeGeek Ventures, LLC 1 shared · one timeUP Partners Management Company, LLC 1 shared · one timeAmplify.la Partners, L.L.C. 1 shared · one timeNext Legacy Management, LLC 1 shared · one timeAurelia Foundry Management Company, LLC 1 shared · one timeParadigm Operations LP 1 shared · one timeHelios Investment Partners LLP 1 shared · one timePascal Capital, L.L.C. 1 shared · one timeBlue Bear Investment Group, LLC 1 shared · one timeFirstmark Capital, LLC 1 shared · one timeInfinity Investment Management Holdings, LLC 1 shared · one timePruven Management Company, LLC 1 shared · one timeValor Equity Partners 1 shared · one timeTTV Capital 1 shared · one timeAsset Management Ventures, LLC 1 shared · one timeHummingbird Ventures V US GP LLC 1 shared · one timeNEA: New Enterprise Associates 1 shared · one timePWV Capital Management LLC 1 shared · one timeFelicis Ventures 1 shared · one timeInterplay Ventures Early Stage Management LLC 1 shared · one timeMastry 1 shared · one timePropel Venture Partners Management Co. 1 shared · one timeAlkeon Capital Management, LLC 1 shared · one timeValor Growth 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
12 dated events
- Mar 23, 2023Wonder Ventures 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)
- Mar 23, 2023Wonder a Energy, LLC first reported on Form ADV by Wonder Ventures Management, LLC (Venture Capital Fund), GAV $9,362,984Fund first reported on Form ADVFundsFactWonder a Energy, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2023Wonder Ventures, L.P. first reported on Form ADV by Wonder Ventures Management, LLC (Venture Capital Fund), GAV $23,873,728Fund first reported on Form ADVFundsFactWonder Ventures, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2023Wonder Ventures II, L.P. first reported on Form ADV by Wonder Ventures Management, LLC (Venture Capital Fund), GAV $162,870,772Fund first reported on Form ADVFundsFactWonder Ventures II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2023Wonder Ventures III, L.P. first reported on Form ADV by Wonder Ventures Management, LLC (Venture Capital Fund), GAV $35,331,832Fund first reported on Form ADVFundsFactWonder Ventures III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2023Wonder Tgm Tala, LLC first reported on Form ADV by Wonder Ventures Management, LLC (Venture Capital Fund), GAV $1,965,125Fund first reported on Form ADVFundsFactWonder Tgm Tala, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2023Wonder What Opportunity I, LLC first reported on Form ADV by Wonder Ventures Management, LLC (Venture Capital Fund), GAV $45,141,092Fund first reported on Form ADVFundsFactWonder What Opportunity I, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2023Wonder Ventures III Sidecar, L.P. first reported on Form ADV by Wonder Ventures Management, LLC (Venture Capital Fund), GAV $2,776,632Fund first reported on Form ADVFundsFactWonder Ventures III Sidecar, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2023Drmd Fund I, L.P. first reported on Form ADV by Wonder Ventures Management, LLC (Venture Capital Fund), GAV $9,950,800Fund first reported on Form ADVFundsFactDrmd Fund I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2023Wonder Ventures Inflection Fund I, L.P. first reported on Form ADV by Wonder Ventures Management, LLC (Venture Capital Fund), GAV $30,172,498Fund first reported on Form ADVFundsFactWonder Ventures Inflection Fund I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2023Wonder a Dray, LLC first reported on Form ADV by Wonder Ventures Management, LLC (Venture Capital Fund), GAV $1,995,195Fund first reported on Form ADVFundsFactWonder a Dray, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 23, 2023Wonder Ventures IV, L.P. first reported on Form ADV by Wonder Ventures Management, LLC (Venture Capital Fund)Fund first reported on Form ADVFundsFactWonder Ventures IV, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%, cls-1)both early and growth/opportunity families, reported GAV $293M
Evidence
38 observations from 3 sources