Questa Capital Management, L.L.C. logo

Questa Capital Management, L.L.C.

Multi-stage venture firmSEC venture capital fund adviser· San Francisco, CaliforniaQUESTACAPITAL.COM

Questa invests in companies that seek to change the world by providing better healthcare experiences, lower costs, and increased population health.

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

Reported fund assets
$1.2B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
15
Latest vintage
2022
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (15)Team (18)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

13 additional team members, 13 additional co-investors and affiliates, 18 additional investments, funds and LPs, 3 events, 15 verified contacts (13 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.

Nothing material in the last 180 days.

People to know

View all people
  • Bradley Sloan
    Managing Partner
    Why: Managing partner: runs the firm
    Profile
  • Brian Butler
    Partner
    Why: Partner: part of the investment decision
    Profile
  • Ryan David Drant
    Managing Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

54 connected entities15 observed rounds5 repeat counterparties2 dated rounds shown here, 2022 to 2024

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

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 Questa Capital Management, L.L.C.: 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 Questa Capital Management, L.L.C.

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

Investing

15 companies on record, 0 new in 12 months
Investments on record
15 companies, 15 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
ACTOportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Aerin Medical Inc.portfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Aviveportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Stated thesis versus observed behaviour
29 observed deals
Stated (the firm’s website)
Sectors
ai, healthcare, marketplaces, hardware
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
Industries, each company once
Healthcare services (3)
lead rate no observed dealsfollow-on rate 71%new companies, 12 months 0

Team

18 current, 0 departed
Decision makers
who to call first, and why; then everyone else by function
  • Bradley Sloan · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
    LinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
  • Brian Butler · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
    LinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
  • Ryan David Drant · Managing 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. 2 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
18 current, 0 departed
Contacts
1 general firm email, 1 firm phone, 13 professional url

1 general firm email, 1 firm phone, 13 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

7 vehicles, 0 LPs disclosed
Funds and vehicles
7 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Questa Capital Partners III, L.P.Fund2022 form d first saleActive deployment$453M
Aug 13, 2026
67$397M
of $397M
Jun 13, 2023
Questa Capital Opportunities I, L.P.Opportunity fund2021 form d first saleMature$87.3M
Aug 13, 2026
43$82.8M
of $82.8M
Mar 25, 2021
Questa Capital Opportunities I-A, L.P.Opportunity fund2021 adv first reportedMature$2.4M
Aug 13, 2026
1unknownunknown
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
5 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Moody FoundationFOUNDATIONQuesta Capital Partners III, L.P.$6.2M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
Healthy Communities FoundationFOUNDATIONQuesta Capital Partners II, L.P.$1.5M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
Healthy Communities FoundationFOUNDATIONQuesta Capital Partners I, L.P.$1.5M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

16 co-investors · on 2 other DFX graphs
Co-investors
16 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 3 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Questa Capital Management, L.L.C. 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

Questa Capital Management, L.L.C. sits on 3 traced paths of capital across the graphs.

Allocator commitments to a manager

DFX traced 3 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

8 dated events, 72 observations from 3 sources
Timeline
8 dated events
  1. Mar 30, 2023
    Questa Capital Partners III, L.P. first reported on Form ADV by Questa Capital Management, L.L.C. (Venture Capital Fund), GAV $383,396,829
    Fund first reported on Form ADVFundsFactQuesta Capital Partners III, L.P.Form ADV
  2. Mar 26, 2021
    Questa Capital Opportunities I-A, L.P. first reported on Form ADV by Questa Capital Management, L.L.C. (Venture Capital Fund), GAV $2,163,131
    Fund first reported on Form ADVFundsFactQuesta Capital Opportunities I-A, L.P.Form ADV
  3. Mar 26, 2021
    Questa Capital Opportunities I, L.P. first reported on Form ADV by Questa Capital Management, L.L.C. (Venture Capital Fund), GAV $83,686,869
    Fund first reported on Form ADVFundsFactQuesta Capital Opportunities I, L.P.Form ADV
  4. Mar 30, 2020
    Questa Capital Partners Ii-A, L.P. first reported on Form ADV by Questa Capital Management, L.L.C. (Venture Capital Fund), GAV $7,363,024
    Fund first reported on Form ADVFundsFactQuesta Capital Partners Ii-A, L.P.Form ADV
  5. Mar 30, 2020
    Questa Capital Partners II, L.P. first reported on Form ADV by Questa Capital Management, L.L.C. (Venture Capital Fund), GAV $242,727,273
    Fund first reported on Form ADVFundsFactQuesta Capital Partners II, L.P.Form ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Aug 13, 2026 · 7 private fundsShow
Headquarters
San Francisco, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
QUESTACAPITAL.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
Aug 13, 2026
Private funds reported
7 (7 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$1.2Badviserinfo.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 $1.2B
  2. Sep 12, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $1.2B
Evidence
72 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedAug 13, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserAug 13, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserAug 5, 2024FactForm ADV
SEC adviser typeExempt reporting adviserAug 13, 2026FactForm ADV
SEC adviser typeExempt reporting adviserAug 13, 2026FactForm ADV
SEC adviser typeExempt reporting adviserAug 5, 2024FactForm ADV
First Form ADV filing2016-12-21Aug 13, 2026FactForm ADV
First Form ADV filing2016-12-21Aug 5, 2024FactForm 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 filing2026-08-13Aug 13, 2026FactForm ADV
Latest Form ADV filing2026-08-13Aug 13, 2026FactForm ADV
Latest Form ADV filing2024-08-05Aug 5, 2024FactForm ADV
SEC statusERA - ActiveAug 13, 2026FactForm ADV
SEC status effective2016-12-21Aug 13, 2026FactForm ADV
Venture share of reported funds1Aug 13, 2026FactForm ADV
Venture share of reported funds1Aug 5, 2024FactForm ADV
Business phoneAug 13, 2026FactForm ADV
Business phoneAug 5, 2024FactForm ADV
Contact page urlOct 1, 2026Factno URL
Contact page urlSep 16, 2026Factno URL
DescriptionOct 1, 2026Factno URL
DescriptionSep 16, 2026Factno URL
DescriptionSep 15, 2026Factno URL
HeadquartersSan Francisco, CAAug 13, 2026FactForm ADV
HeadquartersSan Francisco, CAAug 5, 2024FactForm ADV
Office addressAug 13, 2026FactForm ADV
Office addressAug 5, 2024FactForm ADV
Legal formLimited Liability CompanyAug 13, 2026FactForm ADV
Legal formLimited Liability CompanyAug 5, 2024FactForm ADV
Portfolio pageOct 1, 2026Factno URL
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 15, 2026Factno URL
Private funds reported7Aug 13, 2026FactForm ADV
Private funds reported7Aug 13, 2026FactForm ADV
Private funds reported7Aug 5, 2024FactForm ADV
Private fund gross assets (reported)$1.2BAug 13, 2026FactForm ADV
Private fund gross assets (reported)$1.2BAug 13, 2026FactForm ADV
Private fund gross assets (reported)$1.2BAug 5, 2024FactForm ADV
Schedule a diffsadiff-1Aug 13, 2026FactForm ADV
Stated sectorsAI, healthcare, marketplaces, hardware
“sector words on the home page”
Oct 1, 2026Factno URL
Stated sectorsAI, healthcare, marketplaces, hardware
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsAI, healthcare, marketplaces, hardware
“sector words on the home page”
Sep 15, 2026Factno URL
Team pageOct 1, 2026Factno URL
Team pageSep 16, 2026Factno URL
Team pageSep 15, 2026Factno URL
Venture funds reported7Aug 13, 2026FactForm ADV
Venture funds reported7Aug 13, 2026FactForm ADV
Venture funds reported7Aug 5, 2024FactForm ADV
WebsiteAug 13, 2026FactForm ADV
WebsiteAug 5, 2024FactForm ADV
Site titleOct 1, 2026Factno URL
Site titleSep 16, 2026Factno URL
Site titleSep 15, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShow
Importance
59
elevated
Active deployment
0
low
Emerging
0
low
Freshness
100
high
Multi-stage venture firmSEC exempt reporting adviser

Both early and growth/opportunity families, reported GAV $1.2B

The inputs behind each score
importance
gav: 0.63 · funds: 0.58 · people: 0.68 · investments: 0.54 · co investors: 0.49
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 7 · reported gav: $1.2B · first adv filing: 2016-12-21 · years since first filing: 9.8

Fits, record history and connections

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

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2016-12-21source 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.