Tech Council Ventures LLC

Institutional venture firmSEC venture capital fund adviserRaising· Summit, New JerseyTECHCOUNCILVENTURES.COM

Discover how we invest in and support early-stage tech companies in the Mid-Atlantic region, driving innovation and growth.

In the firm's own words, from its website.

Reported fund assets
$58.1M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
1
Investment team
6
Latest vintage
2026
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

6 additional team members, 10 additional co-investors and affiliates, 5 additional investments, funds and LPs, 2 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.

What matters now

  1. 2 vehicles
    on Form D, 18 months

    2 vehicles filed a Form D in the last 18 months, the latest BetterFutureLabs Holdings on 25 Aug 2026. Largest offerings: BetterFutureLabs Holdings $4M and BetterFutureLabs Fund I $4M. $1.28M reported sold so far.

    A Form D is filed when a vehicle takes its first money, so these are open to LPs now.

    FactSEC Form D filingsFor LPs, fund-of-funds, placement agentsVehicles →
  2. 1 company
    new in 12 months

    1 new company in the last 12 months.

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →

People to know

View all people
  • Managing Partner & Founder
    Why: Managing partner: runs the firm
    No route on file yet
  • Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

33 connected entities1 observed round

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 Tech Council Ventures 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 Tech Council Ventures LLC

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

Investing

5 companies on record, 1 new in 12 months

Investments on record

5 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
{{{Data.Link}}}portfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website
itemDataObject.attrTitle || nullportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website
Lookit® Designportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website

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
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 companies, 12 months 1

Team

9 current, 1 departed

Decision makers

who to call first, and why; then everyone else by function
  • Jim Gunton · Managing Partner & Founder
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Steve Socolof · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • James T Gunton · Member
    Why this person: Named with investment responsibility

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

9 current, 1 departed
1 departed (kept with end dates)

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
BetterFutureLabs Fund I LPFund2026 form d first saleFundraisingunknownunknown$640,000
of $4.0M
Aug 25, 2026
BetterFutureLabs Holdings LLCFund2026 form d first saleFundraisingunknownunknown$640,000
of $4.0M
Aug 25, 2026
Tech Council Ventures III LPFund2023 form d first saleActive deployment$22.0M
Jun 18, 2024
60$19.1M
of $75.0M
Aug 26, 2024

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

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

13 co-investors

Co-investors

13 counted from shared deals, for the whole firm

Compare portfolios with Otro Capital, B Capital Group, Alumni Ventures or any firm. Co-investors across the market

Evidence and history

7 dated events, 55 observations from 4 sources

Timeline

7 dated events
  1. seen on or beforeSep 15, 2026
    Tech Council Ventures LLC: MICRO_VC -> INSTITUTIONAL_VC (venture manager, reported GAV $58M across 4 vehicles)
    Classification changedClassificationInference
  2. Jun 18, 2024
    Tech Council Ventures III LP first reported on Form ADV by Tech Council Ventures LLC (Venture Capital Fund), GAV $22,000,000
    Fund first reported on Form ADVFundsFactTech Council Ventures III LPForm ADV
  3. Jun 18, 2024
    Tech Council Ventures Iii-Ai LP first reported on Form ADV by Tech Council Ventures LLC (Venture Capital Fund), GAV $7,500,000
    Fund first reported on Form ADVFundsFactTech Council Ventures Iii-Ai LPForm ADV
  4. Apr 2, 2020
    Marc S Rappoport (Chief Financial Officer) no longer on Schedule A of Tech Council Ventures LLC
    Person leftPeopleInferenceMarc Steven RappoportForm ADV
  5. Mar 27, 2018
    Tech Council Ventures LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Jun 18, 2024 · 4 private fundsShow
Headquarters
Summit, NJadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.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, adviser total
$58.1Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $58M across 6 vehicles
  2. Sep 15, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $58M across 4 vehicles
  3. Sep 12, 2026
    Micro VC (confirmed, 95%)
    Venture manager, reported GAV $28.6M across 2 vehicles

Evidence

55 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedJun 18, 2024FactForm ADV
SEC exemption claimedVenture capital fund adviserJun 18, 2024FactForm ADV
SEC exemption claimedVenture capital fund adviserJun 18, 2024FactForm ADV
SEC adviser typeExempt reporting adviserJun 18, 2024FactForm ADV
SEC adviser typeExempt reporting adviserJun 18, 2024FactForm ADV
First Form ADV filing2018-03-27Jun 18, 2024FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2024-06-18Jun 18, 2024FactForm ADV
Latest Form ADV filing2024-06-18Jun 18, 2024FactForm ADV
SEC statusERA - ActiveJun 18, 2024FactForm ADV
SEC status effective2018-03-27Jun 18, 2024FactForm ADV
Venture share of reported funds1Jun 18, 2024FactForm ADV
Business phoneJun 18, 2024FactForm ADV
Business phoneJun 18, 2024FactForm ADV
Contact page urlSep 16, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 15, 2026Fact
HeadquartersSummit, NJJun 18, 2024FactForm ADV
HeadquartersSummit, NJJun 18, 2024FactForm ADV
Office addressJun 18, 2024FactForm ADV
Office addressJun 18, 2024FactForm ADV
Legal formLimited Liability CompanyJun 18, 2024FactForm ADV
Legal formLimited Liability CompanyJun 18, 2024FactForm ADV
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 15, 2026Fact
Private funds reported4Jun 18, 2024FactForm ADV
Private funds reported4Jun 18, 2024FactForm ADV
Private fund gross assets (reported)$58.1MJun 18, 2024FactForm ADV
Private fund gross assets (reported)$58.1MJun 18, 2024FactForm ADV
Schedule a diffsadiff-1Sep 27, 2026FactForm ADV
Stated check (high)$3.0MSep 16, 2026Fact
Stated check (high)$3.0MSep 15, 2026Fact
Stated check (low)$500,000Sep 16, 2026Fact
Stated check (low)$500,000Sep 15, 2026Fact
Stated geographyGlobal, united states
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyGlobal, united states
“geography words on the home page”
Sep 15, 2026Fact
Stated sectorsedtech
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsedtech
“sector words on the home page”
Sep 15, 2026Fact
Stated stagesSeed, series a, early
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesSeed, series a, early
“stage words on the home page”
Sep 15, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 15, 2026Fact
Venture funds reported4Jun 18, 2024FactForm ADV
Venture funds reported4Jun 18, 2024FactForm ADV
WebsiteJun 18, 2024FactForm ADV
WebsiteJun 18, 2024FactForm ADV
Site titleSep 16, 2026Fact
Site titleSep 15, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShow
Importance
31
moderate
Active deployment
64
high
Emerging
0
low
Freshness
98
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $58M across 6 vehicles

The inputs behind each score
importance
gav: 0.23 · funds: 0.5 · people: 0.24 · investments: 0.26 · co investors: 0.45
active deployment
investments 12m: 0.13 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-03
emerging manager
fund count: 6 · reported gav: $58.1M · first adv filing: 2018-03-27 · years since first filing: 8.5

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
    2026-09-15
  • Adviser's first ADV filing
    2018-03-27source 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.