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 / Dreamers Management LLC
Dreamers Management LLC
Los Angeles venture fund investing in early stage companies. Founded by Will Smith, Keisuke Honda, Kosaku Yada, Takeshi Nakanishi.
name or self-description says angel
Importance
16
moderate
Active deployment
0
low
Emerging
0
low
Completeness
63
high
Freshness
100
high
Research priority
3
low
Identity and regulatory footprint
- Headquarters
- El Segundo, CAadviserinfo.sec.gov
- Office address
- 122 PENN ST., El Segundo, CA, 90245adviserinfo.sec.gov
- Business phone
- 626-616-2017adviserinfo.sec.gov
- Website
- https://www.dreamers.vc
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 27, 2026
- Private funds reported
- 1 (1 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $135Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $135Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 7
- Owners on Schedule A
- KSK Financial LLC (General Partner), D; Tentpole Ventures, LLC (General Partner), D
- business phone
- 818-617-9505adviserinfo.sec.govpublished by the subject
- business phone
- 626-616-2017adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- ai, enterprise software, healthcare, biotech, consumer, climate, space, crypto, logistics, gaming, media
- Stages
- early
- Geography
- asia, chicago, global, japan, new york
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- angel
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
1 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Dreamers Fund I LP | Fund | unknown | Unknown | $56.0M Dec 16, 2022 | 10 | 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
4 current, 0 departed
Keisuke Nmn Honda
Managing partnerManaging Member · since May 1, 2018
Takeshi Nmn Nakanishi
Managing partnerManaging Member · since May 1, 2018
Willard Carroll Smith
Managing partnerManaging Member · since May 1, 2018
Kosaku Yada
PartnerManager · since Oct 1, 2018
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
6 dated events
- Sep 15, 2026Dreamers Management LLC: INSTITUTIONAL_VC -> ANGEL_FUND (name or self-description says angel)Classification changedClassificationInferenceno URL
- Dec 12, 2018Dreamers 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)
- Dec 12, 2018Dreamers Fund I LP first reported on Form ADV by Dreamers Management LLC (Venture Capital Fund), GAV $40,000,000Fund first reported on Form ADVFundsFactDreamers Fund I LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 1, 2018Takeshi Nmn Nakanishi joined Schedule A of Dreamers Management LLC as Managing Member
- May 1, 2018Keisuke Nmn Honda joined Schedule A of Dreamers Management LLC as Managing Member
- May 1, 2018Willard Carroll Smith joined Schedule A of Dreamers Management LLC as Managing Member
Classification history
- Sep 15, 2026Angel fund or group (confirmed, 95%, cls-1)name or self-description says angel
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $56M across 1 vehicles
Evidence
46 observations from 3 sources