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 / Tech Council Ventures LLC
Tech Council Ventures LLC
Discover how we invest in and support early-stage tech companies in the Mid-Atlantic region, driving innovation and growth.
venture manager, reported GAV $58M across 4 vehicles
Importance
22
moderate
Active deployment
44
elevated
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
14
low
Identity and regulatory footprint
- Headquarters
- Summit, NJadviserinfo.sec.gov
- Office address
- 15 WESTMINSTER ROAD, Summit, NJ, 07901adviserinfo.sec.gov
- Business phone
- 908-988-4848adviserinfo.sec.gov
- 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
- Jun 18, 2024
- Private funds reported
- 4 (4 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $58.1Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 908-988-4848adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
5 observed deals
Stated (the firm’s website)
- Sectors
- edtech
- Stages
- seed, series a, early
- Geography
- global, united states
- Check size
- $500,000 to $3.0M stated by the firm
“With $175M AUM, we invest $500K to $3M into the Mid-Atlantic region’s most promising growth technology companies.”
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 0%follow-on rate 0%new logos, 12 months 5
Funds and vehicles
4 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Tech Council Ventures III LP | Fund | 2023 form d first sale | Active deployment | $22.0M Jun 18, 2024 | 60 | $19.1M of $75.0M | Aug 26, 2024 |
| Tech Council Ventures Iii-Ai LP | Fund | 2023 form d first sale | Active deployment | $7.5M Jun 18, 2024 | 25 | $597,500 of $75.0M | Aug 27, 2024 |
| Tech Council Ventures Ii-Ai LP | Fund | 2018 form d first sale | Harvest | $5.7M Jun 18, 2024 | 40 | $10.3M of $75.0M | Mar 20, 2019 |
| Tech Council Ventures II LP | Fund | 2017 form d first sale | Harvest | $22.9M Jun 18, 2024 | 88 | $38.9M of $75.0M | Mar 20, 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
9 current, 1 departed
Aaron Price
Founder or executiveCEO, TechUnited
Jim Gunton
Managing partnerManaging Partner & Founder
Steve Socolof
Managing partnerManaging Partner
James T Gunton
PartnerMember · since Oct 1, 2016
Mark Kolb
PartnerPartner
Stephen J Socolof
PartnerMember · since Oct 1, 2016
Jane Dela Cruz
Platform and operationsDirector of Operations and Marketing
Stephanie Petak
Platform and operationsController
Jossy R. Harrington
Vice presidentSenior Associate
1 departed (kept with end dates)
- Marc Steven Rappoport · Chief Financial Officer · Jan 1, 2017 to Apr 2, 2020 Inference
Investments on record
5 edges, 5 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| {{{Data.Link}}} | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| itemDataObject.attrTitle || null | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Lookit® Design | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Threads | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Diameter Pay | Funding round | participant | unknown | $10.0M | unknown | Sep 3, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
“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
13 relationships from shared deals, counted for the whole firm
Adverb Ventures Management, LLC 1 shared · one timeParade Route LLC 1 shared · one timeCRV, LLC 1 shared · one timeB Capital Group 1 shared · one timeOtro Capital 1 shared · one timeSweetwater Private Equity 1 shared · one timeAlumni Ventures 1 shared · one timeCMT Digital 1 shared · one time · they led 1Sixthirty Ventures 1 shared · one timeOnigiri Capital 1 shared · one timeStellar Development Foundation 1 shared · one timeLightspeed Faction 1 shared · one time · they led 1BitRock Capital 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
7 dated events
- Sep 15, 2026Tech Council Ventures LLC: MICRO_VC -> INSTITUTIONAL_VC (venture manager, reported GAV $58M across 4 vehicles)Classification changedClassificationInferenceno URL
- Jun 18, 2024Tech Council Ventures III LP first reported on Form ADV by Tech Council Ventures LLC (Venture Capital Fund), GAV $22,000,000Fund first reported on Form ADVFundsFactTech Council Ventures III LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jun 18, 2024Tech Council Ventures Iii-Ai LP first reported on Form ADV by Tech Council Ventures LLC (Venture Capital Fund), GAV $7,500,000Fund first reported on Form ADVFundsFactTech Council Ventures Iii-Ai LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 2, 2020Marc S Rappoport (Chief Financial Officer) no longer on Schedule A of Tech Council Ventures LLC
- Mar 27, 2018Tech Council Ventures 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 27, 2018Tech Council Ventures Ii-Ai LP first reported on Form ADV by Tech Council Ventures LLC (Venture Capital Fund), GAV $6,037,500Fund first reported on Form ADVFundsFactTech Council Ventures Ii-Ai LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2018Tech Council Ventures II LP first reported on Form ADV by Tech Council Ventures LLC (Venture Capital Fund), GAV $26,309,722Fund first reported on Form ADVFundsFactTech Council Ventures II LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 15, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $58M across 4 vehicles
- Sep 12, 2026Micro VC (confirmed, 95%, cls-1)venture manager, reported GAV $28.6M across 2 vehicles
Evidence
54 observations from 3 sources