VR Adviser, LLC

CandidateSEC-registered adviser· New York, New YorkVENROCKCP.COM

Candidate, based in New York, New York, reporting $81.2M of fund assets on its funds' Form ADV filings.

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

Reported fund assets
$81.2M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
1
Investment team
2
Latest vintage
2024
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

4 additional team members, 1 additional co-investor or affiliate, 3 additional investments, funds and LPs, 14 events, 1 verified contact (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.

Nothing material in the last 180 days. Last change: 2 Mar 2026, 1 vehicle filed a Form D in the last 18 months, the latest Orion Industrial Ventures Fund I on 2 Mar 2026. $23.3M reported sold so far.

People to know

View all people
  • Member
    Why: Named with investment responsibility
    No route on file yet
  • Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

15 connected entities1 observed roundrounds 2026

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 VR Adviser, 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 VR Adviser, LLC

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

Investing

1 company on record, 1 new in 12 months

Investments on record

1 company, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Freight Intelligence Provider GenLogsSeries B · Series Bparticipantunknown$60.0MunknownFeb 3, 2026Fact Press release

Stated thesis versus observed behaviour

1 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
series b 100%
Stage at first entry
series b 100%
Sectors
unknown 100%
lead rate 0%follow-on rate 0%new companies, 12 months 1

Team

4 current, 6 departed

Decision makers

who to call first, and why; then everyone else by function
  • Bong Young Koh · Member
    Why this person: Named with investment responsibility
  • Bryan E. Roberts · Member
    Why this person: Named with investment responsibility
Who else at this firm · 1 person, grouped by function
Also on record (1)
  • Evan Wolfe Neu · Cco And Clo Of Vr Adviser, Llc
    Why this person: Cco And Clo Of Vr Adviser, Llc at the firm

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

4 current, 6 departed
6 departed (kept with end dates)
  • Anders D. Hove · Member Of Vhcp Management Ii, Llc · Jul 1, 2014 to Jan 12, 2017 Inference
  • Anthony B. Evnin · Member Of Vhcp Management, Llc · Oct 1, 2008 to Mar 27, 2018 Inference
  • Brian D. Ascher · Member · Jul 1, 2007 to Mar 26, 2019 Inference

Contacts

1 firm phone

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

Funds and LPs

6 vehicles, 0 LPs disclosed

Funds and vehicles

6 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Venrock Healthcare Capital Partners XP, L.P.Fund2024 form d first saleNewly closedunknownunknown$500M
of $500M
Nov 20, 2024
Orion Industrial Ventures Fund I LPFund2024 form d first saleFundraisingunknownunknown$23.3MMar 2, 2026
Venrock Healthcare Capital Partners II, L.P.Fund · ADV: Private Equity Fund2014 adv first reportedHarvest$59.5M
Apr 28, 2026
41$0
of $200M
Mar 11, 2014

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

1 relationship across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Richard K Lubin Family FoundationFOUNDATIONVenrock Healthcare Capital Partners XP, L.P.$235,692
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

4 co-investors · on 4 other DFX graphs

Co-investors

4 counted from shared deals, for the whole firm
Across DFX and the capital chainon 4 other DFX graphs · 1 capital path Show
Across DFX
Across the graphs

VR Adviser, LLC is the same institution as 4 records in Private Equity, RIA and Wealth, Allocators and Independent Sponsors.

Private Equity1RIA and Wealth1Allocators1Independent Sponsors1

DFX found 4 relationships across 4 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

VR Adviser, LLC sits on 1 traced path of capital across the graphs.

Allocator commitments to a manager

DFX traced 1 path 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

19 dated events, 51 observations from 3 sources

Timeline

19 dated events
  1. seen on or beforeSep 24, 2026
    VR Adviser, LLC: PE_WITH_VENTURE_ACTIVITY -> CANDIDATE_VC (no sworn venture fact yet (name or round mention only))
    Classification changedClassificationInference
  2. Mar 30, 2023
    David Lawrence Stepp (Cco And Clo Of Vr Adviser, Llc) no longer on Schedule A of VR Adviser, LLC
    Person leftPeopleInferenceDavid L. SteppForm ADV
  3. Jan 1, 2023
    Evan Wolfe Neu joined Schedule A of VR Adviser, LLC as Cco And Clo Of Vr Adviser, Llc
    Person joinedPeopleFactEvan Wolfe NeuForm ADV
  4. Mar 26, 2019
    Brian David Ascher (Member) no longer on Schedule A of VR Adviser, LLC
    Person leftPeopleInferenceBrian D. AscherForm ADV
  5. Mar 27, 2018
    Anthony Basil Evnin (Member Of Vhcp Management, Llc) no longer on Schedule A of Venrock
    Person leftPeopleInferenceAnthony B. EvninForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Apr 28, 2026 · 7 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
Apr 28, 2026
Private funds reported
7 (0 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$4.5Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$2.9Bthe adviser's RAUM, a regulatory measure, never a fund size
Employees
9
Owners on Schedule A
VR Management, LLC (Member Of Vr Adviser, Llc), owns 75% or more

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 24, 2026
    Candidate (candidate, 50%)
    No sworn venture fact yet (name or round mention only)
  2. Sep 23, 2026
    Private equity with venture activity (probable, 75%)
    Registered adviser; venture funds are 0% of 7 private funds
  3. Sep 12, 2026
    Private equity with venture activity (probable, 75%)
    Registered adviser; venture funds are 0% of 8 private funds

Evidence

52 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeRegistered investment adviserApr 28, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 28, 2024FactForm ADV
First Form ADV filing2014-03-11Apr 28, 2026FactForm ADV
First Form ADV filing2014-03-11Mar 28, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm 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 filing2026-04-28Apr 28, 2026FactForm ADV
Latest Form ADV filing2024-03-28Mar 28, 2024FactForm ADV
Venture share of reported funds0Apr 28, 2026FactForm ADV
Venture share of reported funds0Mar 28, 2024FactForm ADV
Business phoneMar 28, 2024FactForm ADV
Contact page urlSep 16, 2026Fact
Employees9Mar 28, 2024FactForm ADV
HeadquartersNew York, NYMar 28, 2024FactForm ADV
Office addressMar 28, 2024FactForm ADV
Private funds reported7Apr 28, 2026FactForm ADV
Private funds reported8Mar 28, 2024FactForm ADV
Private fund gross assets (reported)$4.5BApr 28, 2026FactForm ADV
Private fund gross assets (reported)$2.9BMar 28, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$2.9BMar 28, 2024FactForm ADV
Team pageSep 16, 2026Fact
Team pageSep 15, 2026Fact
Venture funds reported0Apr 28, 2026FactForm ADV
Venture funds reported0Mar 28, 2024FactForm ADV
WebsiteMar 28, 2024FactForm ADV
Site titleSep 16, 2026Fact
Site titleSep 15, 2026Fact
How this is scored
Scores, classification basis and filing advisersCandidate, candidateShow
Importance
7
low
Active deployment
29
moderate
Emerging
0
low
Freshness
100
high
CandidateSEC registered investment adviser

No sworn venture fact yet (name or round mention only)

The inputs behind each score
importance
gav: 0 · funds: 0.17 · people: 0.08 · investments: 0 · scale basis: Venture-typed funds only (Candidate): 2 funds, $0M of $81M reported · co investors: 0.24
active deployment
investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-02-03
emerging manager
fund count: 6 · reported gav: $81.2M · first adv filing: 2014-03-11 · years since first filing: 12.6

Fits, record history and connections

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

Record history

2 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-24
  • Adviser's first ADV filing
    2014-03-11source 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.