Eclipse Ventures, LLC

Multi-stage venture firmSEC venture capital fund adviserRaising· Palo Alto, CaliforniaECLIPSE.CAPITAL

We didn’t leave industry to stop building. We left to help entrepreneurs rebuild the industries that power our world.

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

Reported fund assets
$7.4B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
11
Investment team
14
Latest vintage
2026
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

26 additional team members, 37 additional co-investors and affiliates, 98 additional investments, funds and LPs, 42 events, 4 verified contacts (2 professional url, 1 general firm email, 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. 8 vehicles
    on Form D, 18 months

    $1.43B 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. 11 companies
    new in 12 months

    11 new companies 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 →
  3. 3 companies
    portfolio raising

    3 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 26 Aug 2026 ($1.29B sold on Form D).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →
  4. 3 deals
    with Fontinalis Partners

    Invests most often alongside Fontinalis Partners (3 shared deals) and Toyota Ventures (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 →
  5. 3 of 3
    enter at Series B+

    Enters mostly at Series B or later: 3 of 3 first entries on record.

    rounds to 4 Feb 2026 · Tells a founder whether their round is one this firm writes.

    Derived3 rounds with a stated stage, against the firm's siteFor FoundersInvestments →

People to know

View all people
  • Managing Director
    Why: Managing director
    Profile
  • Partner
    Why: Partner: part of the investment decision
    No route on file yet
  • Partner and Head of Policy
    Why: Partner: part of the investment decision
    No route on file yet

Relationship network

180 connected entities19 observed rounds7 repeat counterparties9 dated rounds shown here, 2016 to 2026

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.

What stands out
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 Eclipse 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 Eclipse Ventures, LLC

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

Investing

30 companies on record, 11 new in 12 months

Investments on record

30 companies, 17 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
6 River Systemsportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
AheadComputing, Inc.portfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Alsoportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website

Stated thesis versus observed behaviour

43 observed deals
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
series b 67%series c 33%
Stage at first entry
series b 67%series c 33%
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (3)
lead rate 46%follow-on rate 23%new companies, 12 months 11

Team

29 current, 1 departed

Decision makers

who to call first, and why; then everyone else by function
  • Lior Susan · Managing Director
    Why this person: Managing director; Named with investment responsibility; Confirmed current on the firm's own site 2026-10-01
    LinkedIn or profile link on file (firm website, their bio on the firm's website), confirmed 2026-10-01, confidence 90%
  • Greg Reichow · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility; Led 1 round on record
  • Seth Winterroth · Partner and Head of Policy
    Why this person: Partner: part of the investment decision; 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. 1 with a route on file. 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

29 current, 1 departed
2 departed (kept with end dates)
  • Greg Reichow · VP of Investor Relations and Fundraising · ? to Oct 1, 2026 Inference
  • Brett Cummings · Chief Financial Officer · May 1, 2015 to Nov 5, 2015 Inference

Contacts

1 general firm email, 1 firm phone, 2 professional url

1 general firm email, 1 firm phone, 2 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

51 vehicles, 0 LPs disclosed

Funds and vehicles

51 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Eclipse Partners Fund VI, L.P.Fund2026 form d first saleNewly closedunknownunknown$15.0M
of $15.0M
Apr 21, 2026
Eclipse Fund VI, L.P.Fund2026 form d first saleNewly closedunknownunknown$720M
of $720M
Mar 31, 2026
Eclipse SPV XXXI, L.P.SPV or co-invest vehicle2026 form d first saleNewly closedunknownunknown$25.0M
of $25.0M
Apr 7, 2026

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

27 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Hess Philanthropic FundFOUNDATIONEclipse Spv VI LP$271,859
fair value on the foundation's return
reported as of Nov 30, 2025Fact IRS Form 990 / 990-PF e-file returns
Hess Philanthropic FundFOUNDATIONEclipse Early Growth Fund II LP$375,996
fair value on the foundation's return
reported as of Nov 30, 2025Fact IRS Form 990 / 990-PF e-file returns
Hess Philanthropic FundFOUNDATIONEclipse Spv VII LP$564,383
fair value on the foundation's return
reported as of Nov 30, 2025Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

72 co-investors · on 2 other DFX graphs

Co-investors

72 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 9 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Eclipse Ventures, LLC is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

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…

Capital chain

Eclipse Ventures, LLC sits on 9 traced paths of capital across the graphs.

Allocator commitments to a manager

DFX traced 9 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

47 dated events, 73 observations from 3 sources

Timeline

47 dated events
  1. Mar 31, 2026
    Eclipse Ventures, LLC filed the first Form D for Eclipse Fund VI, L.P. (fund 6), its next fund after Eclipse Fund V, L.P. (vintage 2023); offering $720.0M
    Fund next filedderived signalInferenceEclipse Fund VI, L.P.
  2. Mar 31, 2026
    Eclipse Ventures, LLC filed the first Form D for Eclipse Early Growth Fund III, L.P. (fund 3), its next fund after Eclipse Early Growth Fund II LP (vintage 2023); offering $591.0M
    Fund next filedderived signalInferenceEclipse Early Growth Fund III, L.P.
  3. Mar 26, 2026
    Eclipse Spv Xxv LP first reported on Form ADV by Eclipse Ventures, LLC (Venture Capital Fund), GAV $26,719,543
    Fund first reported on Form ADVFundsInferenceEclipse SPV XXV, L.P.Form ADV
  4. Mar 26, 2026
    Eclipse Spv Xxiii LP first reported on Form ADV by Eclipse Ventures, LLC (Venture Capital Fund), GAV $9,231,719
    Fund first reported on Form ADVFundsInferenceEclipse SPV XXIII, L.P.Form ADV
  5. Mar 26, 2026
    Eclipse Spv Xxvii LP first reported on Form ADV by Eclipse Ventures, LLC (Venture Capital Fund), GAV $20,209,232
    Fund first reported on Form ADVFundsInferenceEclipse SPV XXVII, L.P.Form ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 26, 2026 · 42 private fundsShow
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
Mar 26, 2026
Private funds reported
42 (42 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$7.4Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried2 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $7.4B
  2. Sep 12, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $5.1B

Evidence

74 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 26, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 26, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 18, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 26, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 26, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 18, 2024FactForm ADV
First Form ADV filing2015-07-07Mar 26, 2026FactForm ADV
First Form ADV filing2015-07-07Mar 18, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-26Mar 26, 2026FactForm ADV
Latest Form ADV filing2026-03-26Mar 26, 2026FactForm ADV
Latest Form ADV filing2024-03-18Mar 18, 2024FactForm ADV
SEC statusERA - ActiveMar 26, 2026FactForm ADV
SEC status effective2015-07-07Mar 26, 2026FactForm ADV
Venture share of reported funds1Mar 26, 2026FactForm ADV
Venture share of reported funds1Mar 18, 2024FactForm ADV
Business phoneMar 26, 2026FactForm ADV
Business phoneMar 18, 2024FactForm ADV
Contact page urlOct 1, 2026Fact
Contact page urlSep 16, 2026Fact
DescriptionOct 1, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 15, 2026Fact
HeadquartersPalo Alto, CAMar 26, 2026FactForm ADV
HeadquartersPalo Alto, CAMar 18, 2024FactForm ADV
Office addressMar 26, 2026FactForm ADV
Office addressMar 18, 2024FactForm ADV
Legal formLimited Liability CompanyMar 26, 2026FactForm ADV
Legal formLimited Liability CompanyMar 18, 2024FactForm ADV
Portfolio pageOct 1, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 15, 2026Fact
Private funds reported42Mar 26, 2026FactForm ADV
Private funds reported42Mar 26, 2026FactForm ADV
Private funds reported29Mar 18, 2024FactForm ADV
Private fund gross assets (reported)$7.4BMar 26, 2026FactForm ADV
Private fund gross assets (reported)$7.4BMar 26, 2026FactForm ADV
Private fund gross assets (reported)$5.1BMar 18, 2024FactForm ADV
Schedule a diffsadiff-1Mar 26, 2026FactForm ADV
Team pageOct 1, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 15, 2026Fact
Venture funds reported42Mar 26, 2026FactForm ADV
Venture funds reported42Mar 26, 2026FactForm ADV
Venture funds reported29Mar 18, 2024FactForm ADV
WebsiteMar 26, 2026FactForm ADV
WebsiteMar 18, 2024FactForm ADV
Website resolved domainOct 1, 2026Fact
Website resolved domainSep 16, 2026Fact
Website resolved domainSep 15, 2026Fact
Website resolved domainSep 14, 2026Fact
Site titleOct 1, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 15, 2026Fact
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShow
Importance
78
high
Active deployment
90
high
Emerging
0
low
Freshness
100
high
Multi-stage venture firmSEC exempt reporting adviser

Both early and growth/opportunity families, reported GAV $7.4B

The inputs behind each score
importance
gav: 0.87 · funds: 1 · people: 0.64 · investments: 0.61 · co investors: 0.75
active deployment
investments 12m: 1 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-29
emerging manager
fund count: 51 · reported gav: $7.4B · first adv filing: 2015-07-07 · years since first filing: 11.2

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

26 scored matches, best firstas of
  • score 65.7confidence 100%
    Why: sector fit; stage fit; activity; analogous
    Watch: adjacent portfolio
  • score 55.7confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 50.7confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio

+23 more scored matches

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

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

1 identity change, 1 dated event on the change ledger, latest event first
  • Merged in
    2026-09-14
  • Adviser's first ADV filing
    2015-07-07source 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.