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 / Belief, LLC
Belief, LLC
Micro VC · probablePark City, UTSEC exempt reporting adviser
venture manager, reported GAV $12.0M across 4 vehicles
Importance
9
low
Active deployment
4
low
Emerging
0
low
Completeness
50
elevated
Freshness
97
high
Research priority
4
low
Identity and regulatory footprint
- Headquarters
- Park City, UTadviserinfo.sec.gov
- Office address
- 1790 BONANZA DR., SUITE 102, Park City, UT, 84060adviserinfo.sec.gov
- Business phone
- 323-493-1962adviserinfo.sec.gov
- Website
- unknown
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- private fund adviseradviserinfo.sec.gov
- Latest Form ADV
- Feb 12, 2026
- Private funds reported
- 9 (3 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $37.9Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 323-493-1962adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 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: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 1
Funds and vehicles
3 reported, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Industrious Ventures Spv - Ps, LLC | SPV or co-invest vehicle | 2021 form d first sale | Mature | $5.5M Nov 26, 2024 | 30 | $2.8M of $2.8M | Jun 28, 2024 |
| Industrious Special Opportunities, LP - Fs1 | Opportunity fund | 2020 form d first sale | Mature | $5.0M Nov 26, 2024 | 45 | $3.9M of $3.9M | Sep 28, 2021 |
| Industrious Special Opportunities, LP - Antimatter | Opportunity fund | 2020 form d first sale | Mature | $1.5M Nov 26, 2024 | 8 | $1.6M of $1.6M | Jul 7, 2020 |
| Rise Together Ventures I, L.P. | Fund | unknown | Wound down | $1.0M Mar 25, 2024 | 1 | 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
3 current, 0 departed
Camden Alexander Mcrae
PartnerMember · since Sep 1, 2019
Joseph Christian Gammill
PartnerMember · since Sep 1, 2019
Taylor Patrick Adams
PartnerManager; Member · since Sep 1, 2019
Investments on record
1 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| The Unreasonable Group | portfolio listing | unknown | unknown | unknown | unknown | Sep 17, 2026 | Fact Portfolio company websites (about, investors, press pages) |
“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.
Co-investors
4 relationships from shared deals, counted for the whole firm
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
- Nov 26, 2024Rise Together Ventures I, L.P. no longer reported on Form ADV by Belief, LLCFund no longer reportedFundsInferenceRise Together Ventures I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2023Belief, LLC first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2023Industrious Special Opportunities, LP - Antimatter first reported on Form ADV by Belief, LLC (Venture Capital Fund), GAV $1,500,000Fund first reported on Form ADVFundsFactIndustrious Special Opportunities, LP - AntimatterSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2023Rise Together Ventures I, L.P. first reported on Form ADV by Belief, LLC (Venture Capital Fund), GAV $1,000,000Fund first reported on Form ADVFundsFactRise Together Ventures I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2023Industrious Ventures Spv - Ps, LLC first reported on Form ADV by Belief, LLC (Venture Capital Fund), GAV $5,500,000Fund first reported on Form ADVFundsFactIndustrious Ventures Spv - Ps, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2023Industrious Special Opportunities, LP - Fs1 first reported on Form ADV by Belief, LLC (Venture Capital Fund), GAV $5,000,000Fund first reported on Form ADVFundsFactIndustrious Special Opportunities, LP - Fs1SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Micro VC (probable, 80%, cls-1)venture manager, reported GAV $12.0M across 4 vehicles
- Sep 12, 2026Micro VC (probable, 80%, cls-1)venture manager, reported GAV $12.0M across 3 vehicles
Evidence
30 observations from 2 sources