VR Management, LLC
Institutional venture firm, based in Palo Alto, California, reporting $4.5B of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
12 additional team members, 43 additional co-investors and affiliates, 81 additional investments, funds and LPs, 44 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
- 2 companiesportfolio raising
2 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 16 Jun 2026 ($300M round).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
- 4 dealswith Institutional Venture
Invests most often alongside Institutional Venture (4 shared deals) and OAK Management (3 shared deals).
pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.
Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →
People to know
View all people- Member Of Venrock Management Ix, LlcWhy: Named with investment responsibilityNo route on file yet
- Member Of Venrock Management X, LlcWhy: Named with investment responsibilityNo route on file yet
- Member Of Venrock Management X, LlcWhy: Named with investment responsibilityNo route on file yet
Relationship network
125 connected entities15 observed rounds6 repeat counterparties5 dated rounds shown here, 2010 to 2014
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.
- 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 Management, 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 Management, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
48 companies on record, 0 new in 12 months
Investments on record
What these amounts mean“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.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| 10x Genomics | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| 6sense | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| Aledade | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- 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
Team
14 current, 5 departed
Decision makers
- Brian D. Ascher · Member Of Venrock Management Ix, LlcWhy this person: Named with investment responsibility
- Nicholas Frederick Beim · Member Of Venrock Management X, LlcWhy this person: Named with investment responsibility
- Robert Paul Kocher · Member Of Venrock Management X, LlcWhy 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
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Member Of Venrock Management Ix, Llc · 3 deals attributed
- Member Of Venrock Management X, Llc · 2 deals attributed
- Member Of Venrock Management X, Llc · 1 deal attributed
5 departed (kept with end dates)
- Anders D. Hove · Member Of Venrock Management Vi, Llc · Jun 1, 2010 to Jan 12, 2017 Inference
- Anthony B. Evnin · Member Of Venrock Partners Management V, Llc · ? to Mar 31, 2022 Inference
- David Blair Pakman · Member Of Venrock Management Ix, Llc · Jan 1, 2021 to Nov 3, 2021 Inference
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
16 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV 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.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Venrock Associates X, L.P. | Fund | 2024 form d first sale | Early deployment | $609M Apr 28, 2026 | 94 | $650M of $650M | Jan 8, 2024 |
| Venrock Partners X, LP | Fund | 2024 adv first reported | Early deployment | $39.4M Apr 28, 2026 | 84 | unknown | unknown |
| Venrock Associates Ix, L.P. | Fund | 2021 form d first sale | Mature | $511M Apr 28, 2026 | 76 | $423M of $423M | Jan 14, 2021 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Hess Philanthropic Fund | FOUNDATION | Venrock Associates Viii, L.P. | $2.5M fair value on the foundation's return | reported as of Nov 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| Hess Philanthropic Fund | FOUNDATION | Venrock Associates Ix, L.P. | $1.7M fair value on the foundation's return | reported as of Nov 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| Surdna Foundation Inc | FOUNDATION | Venrock Associates Viii, L.P. | $4.0M fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
Relationships across DFX
51 co-investors · on 2 other DFX graphs
Co-investors
- 2026-10-014 shared deals · strong
- 2026-10-013 shared deals · recurring
- 2014-05-203 shared deals · recurring
Across DFX and the capital chainon 2 other DFX graphs · 7 capital paths ShowHide
- The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
VR Management, LLC is the same institution as 2 records in Allocators and RIA and Wealth.
DFX found 2 relationships across 2 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…
VR Management, LLC sits on 7 traced paths of capital across the graphs.
DFX traced 7 paths 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
49 dated events, 74 observations from 3 sources
Timeline
- Apr 28, 20269 of 12 people on VR Management, LLC's 2024 Schedule A are no longer printed on its 2026-04-28 filing
- Apr 1, 2024Jessica Tong Baron joined Schedule A of VR Management, LLC as Chief Financial Officer Of Venrock Management, Llc
- Mar 28, 2024Venrock Associates, LP no longer reported on Form ADV by VR Management, LLC
- Mar 28, 2024Venrock Fund 8327 no longer reported on Form ADV by VR Management, LLC
- Mar 28, 2024Venrock Partners X, LP first reported on Form ADV by VR Management, LLC (Venture Capital Fund), GAV $37,545,000
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Apr 28, 2026 · 16 private fundsShowHide
Website description: Build the Future
- Headquarters
- Palo Alto, CAadviserinfo.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
- Apr 28, 2026
- Private funds reported
- 16 (16 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
- Owners on Schedule A
- VR Capital II -- Series Venrock X, LLC (Member Of Venrock Management X, Llc), owns 10% to 25%; VR Capital II -- Series Venrock Ix, LLC (Member Of Venrock Management Ix, Llc), owns 10% to 25%; VR Capital II -- Series Venrock Viii, LLC (Member Of Venrock Management Viii, Llc), owns 10% to 25%
Classification history
Classification history
Every classification this record has carried3 on recordShowHide
- Sep 23, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $4.5B across 16 vehicles
- Sep 15, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $5.1B across 16 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $3.9B across 11 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Apr 28, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Apr 28, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 28, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Apr 28, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Apr 28, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 28, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-03-30 | Apr 28, 2026 | Fact | Form ADV |
| First Form ADV filing | 2012-03-30 | Mar 28, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-04-28 | Apr 28, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-04-28 | Apr 28, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-28 | Mar 28, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Apr 28, 2026 | Fact | Form ADV |
| SEC status effective | 2012-03-30 | Apr 28, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Apr 28, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 28, 2024 | Fact | Form ADV |
| Business phone | Apr 28, 2026 | Fact | Form ADV | |
| Business phone | Mar 28, 2024 | Fact | Form ADV | |
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 15, 2026 | Fact | ||
| Headquarters | Palo Alto, CA | Apr 28, 2026 | Fact | Form ADV |
| Headquarters | Palo Alto, CA | Mar 28, 2024 | Fact | Form ADV |
| Office address | Apr 28, 2026 | Fact | Form ADV | |
| Office address | Mar 28, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Apr 28, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 28, 2024 | Fact | Form ADV |
| Portfolio page | Oct 1, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 15, 2026 | Fact | ||
| Private funds reported | 16 | Apr 28, 2026 | Fact | Form ADV |
| Private funds reported | 16 | Apr 28, 2026 | Fact | Form ADV |
| Private funds reported | 16 | Mar 28, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $4.5B | Apr 28, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $4.5B | Apr 28, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $5.1B | Mar 28, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Apr 28, 2026 | Fact | Form ADV |
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 15, 2026 | Fact | ||
| Venture funds reported | 16 | Apr 28, 2026 | Fact | Form ADV |
| Venture funds reported | 16 | Apr 28, 2026 | Fact | Form ADV |
| Venture funds reported | 16 | Mar 28, 2024 | Fact | Form ADV |
| Website | Apr 28, 2026 | Fact | Form ADV | |
| Website | Mar 28, 2024 | Fact | Form ADV | |
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 15, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShowHide
Venture manager, reported GAV $4.5B across 16 vehicles
- importance
- gav: 0.8 · funds: 1 · people: 0.48 · investments: 0.64 · co investors: 0.69
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
- emerging manager
- fund count: 23 · reported gav: $4.5B · first adv filing: 2012-03-30 · years since first filing: 14.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Schedule a restructured2026-04-28source on record
- Adviser's first ADV filing2012-03-30source 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.