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 / TQS Advisors LLC
TQS Advisors LLC
venture manager, reported GAV $159M across 7 vehicles
Importance
25
moderate
Active deployment
0
low
Emerging
0
low
Completeness
44
elevated
Freshness
100
high
Research priority
7
low
Identity and regulatory footprint
- Headquarters
- unknown
- Office address
- unknown
- Business phone
- (415) 283-6567adviserinfo.sec.gov
- Website
- https://tqsadvisors.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
- Feb 10, 2026
- Private funds reported
- 7 (7 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $136Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- (415) 283-6567adviserinfo.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
7 reported, 3 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| OV 2021 Mcf LLC | Fund | 2021 name year | Mature | $16.2M Feb 6, 2024 | 90 | unknown | unknown |
| TQS Mtsb LLC | Fund | 2021 form d first sale | Mature | $14.0M Feb 6, 2024 | 33 | $14.7M of $14.7M | Nov 22, 2021 |
| TQS Ascvt, LLC | Fund | 2012 form d first sale | Harvest | $8.0M Feb 6, 2024 | 39 | $195M | Nov 20, 2012 |
| TQS Asb LLC | Fund | unknown | Unknown | $82.3M Feb 6, 2024 | 52 | unknown | unknown |
| TQS Mce LLC | Fund | unknown | Unknown | $20.7M Feb 6, 2024 | 18 | unknown | unknown |
| TQS Mcf LLC | Fund | unknown | Unknown | $10.0M Feb 6, 2024 | 1 | unknown | unknown |
| TQS Advisors Series B-1 Holdings LLC | Fund | unknown | Unknown | $8.0M Feb 6, 2024 | 26 | unknown | unknown |
| OV 2021 Mcs LLC | Fund | 2021 name year | Wound down | $2.5M Mar 31, 2022 | 1 | unknown | unknown |
| TQS Asbs LLC | Fund | unknown | Wound down | $20.2M Mar 31, 2022 | 5 | unknown | unknown |
| TQS Ald LLC | Fund | unknown | Wound down | $5.6M Mar 31, 2022 | 30 | 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
1 current, 0 departed
Todd Quenien Swanson
Managing partnerManaging Member · since May 1, 2014
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
14 dated events
- Feb 21, 2023TQS Asbs LLC no longer reported on Form ADV by TQS Advisors LLCFund no longer reportedFundsInferenceTQS Asbs LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 21, 2023OV 2021 Mcs LLC no longer reported on Form ADV by TQS Advisors LLCFund no longer reportedFundsInferenceOV 2021 Mcs LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 21, 2023TQS Ald LLC no longer reported on Form ADV by TQS Advisors LLCFund no longer reportedFundsInferenceTQS Ald LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022TQS Ascvt, LLC first reported on Form ADV by TQS Advisors LLC (Venture Capital Fund), GAV $6,688,630Fund first reported on Form ADVFundsFactTQS Ascvt, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022TQS Mtsb LLC first reported on Form ADV by TQS Advisors LLC (Venture Capital Fund), GAV $14,667,500Fund first reported on Form ADVFundsFactTQS Mtsb LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jun 15, 2021TQS Mce LLC first reported on Form ADV by TQS Advisors LLC (Venture Capital Fund), GAV $20,700,826Fund first reported on Form ADVFundsFactTQS Mce LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jun 15, 2021OV 2021 Mcs LLC first reported on Form ADV by TQS Advisors LLC (Venture Capital Fund), GAV $2,499,938Fund first reported on Form ADVFundsFactOV 2021 Mcs LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jun 15, 2021TQS Advisors 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)
- Jun 15, 2021OV 2021 Mcf LLC first reported on Form ADV by TQS Advisors LLC (Venture Capital Fund), GAV $16,249,996Fund first reported on Form ADVFundsFactOV 2021 Mcf LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jun 15, 2021TQS Advisors Series B-1 Holdings LLC first reported on Form ADV by TQS Advisors LLC (Venture Capital Fund), GAV $5,692,833Fund first reported on Form ADVFundsFactTQS Advisors Series B-1 Holdings LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jun 15, 2021TQS Ald LLC first reported on Form ADV by TQS Advisors LLC (Venture Capital Fund), GAV $5,614,434Fund first reported on Form ADVFundsFactTQS Ald LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jun 15, 2021TQS Mcf LLC first reported on Form ADV by TQS Advisors LLC (Venture Capital Fund), GAV $9,999,975Fund first reported on Form ADVFundsFactTQS Mcf LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jun 15, 2021TQS Asbs LLC first reported on Form ADV by TQS Advisors LLC (Venture Capital Fund), GAV $20,202,859Fund first reported on Form ADVFundsFactTQS Asbs LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jun 15, 2021TQS Asb LLC first reported on Form ADV by TQS Advisors LLC (Venture Capital Fund), GAV $83,077,392Fund first reported on Form ADVFundsFactTQS Asb LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $159M across 7 vehicles
Evidence
30 observations from 3 sources