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 / Mercato Savory Management, LLC
Mercato Savory Management, LLC
Institutional venture firmDraper, UTsavoryfund.comSEC venture capital fund adviserpart of Savory Fund
One of 2 advisers that share savoryfund.com; the firm is Savory Fund. Savory Capital LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
venture manager, reported GAV $364M across 4 vehicles
Importance
22
moderate
Active deployment
0
low
Emerging
0
low
Completeness
38
elevated
Freshness
97
high
Research priority
7
low
Identity and regulatory footprint
- Headquarters
- Draper, UTadviserinfo.sec.gov
- Office address
- 14761 FUTURE WAY, STE 350, Draper, UT, 84020adviserinfo.sec.gov
- Business phone
- 801-220-0055adviserinfo.sec.gov
- Website
- http://www.savoryfund.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
- Aug 12, 2026
- Private funds reported
- 4 (4 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $364Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 801-220-0055adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
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: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
4 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Mercato Partners Savory II Qp, LP | Feeder or parallel | 2022 adv first reported | Active deployment | $97.4M Sep 12, 2026 | 65 | $0 of $100M | Mar 2, 2021 |
| Mercato Partners Savory II, LP | Fund | 2022 adv first reported | Active deployment | $22.6M Sep 12, 2026 | 50 | unknown | unknown |
| Mercato Savory Fund IV, LP | Fund | 2020 adv first reported | Mature | $169M Sep 12, 2026 | 87 | $0 of $250M | Sep 28, 2018 |
| Mercato Savory Fund Qp IV, L.P. | Feeder or parallel | 2020 adv first reported | Mature | $75.2M Sep 12, 2026 | 10 | $0 of $100M | Dec 17, 2019 |
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
1 current, 0 departed
David George
Platform and operationsCfo / Cco · since Apr 1, 2026
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
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
1 dated events
- May 15, 2025Mercato Savory Management, LLC appears on the SEC adviser roster (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Classification history
- Sep 13, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $364M across 4 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 70%, cls-1)venture manager with no reported fund assets yet (scale unknown)
Evidence
15 observations from 2 sources