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 / EL Cap Holdings Capital Partners, LLC

EL Cap Holdings Capital Partners, LLC

Micro VCSalt Lake City, UTelcap.xyzSEC venture capital fund adviser

We build and invest at the collision of technology shifts and behavior change.

venture manager, reported GAV $28.7M across 7 vehicles

Importance
23
moderate
Active deployment
30
moderate
Emerging
0
low
Completeness
63
high
Freshness
100
high
Research priority
12
low
Identity and regulatory footprint
Headquarters
Salt Lake City, UTadviserinfo.sec.gov
Office address
111 EAST BROADWAY, 11TH FLOOR, Salt Lake City, UT, 84111adviserinfo.sec.gov
Business phone
801-556-8185adviserinfo.sec.gov
Website
https://elcap.xyz
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 28, 2025
Private funds reported
8 (8 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$29.2Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
business phone
801-556-8185adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
14 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 14
Funds and vehicles
7 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
EL Cap Holdings Project Scale, LLCFund2021 form d first saleMature$346,345
Mar 30, 2024
2$900,000
of $900,000
Feb 24, 2022
EL Cap Equity Fund I, LPFund2019 form d first saleMature$15.6M
Mar 30, 2024
10$1.8M
of $25.0M
Dec 5, 2019
EL Cap Equity Fund II, LPFundunknownUnknown$9.5M
Mar 30, 2024
22$0Mar 8, 2021
EL Cap Holdings Project Felix, LLCFundunknownUnknown$1.0M
Mar 30, 2024
2unknownunknown
EL Cap Holdings Project Conjugate LLCFundunknownUnknown$961,243
Mar 30, 2024
2unknownunknown
EL Cap Holdings Project Trimtab, LLCFundunknownUnknown$764,303
Mar 30, 2024
2unknownunknown
EL Cap Holdings Project Tutor, LLCFundunknownUnknown$537,109
Mar 30, 2024
2unknownunknown
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
2 current, 0 departed
Stewart Bradley
Managing Member · since May 1, 2019
Managing partner
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Kunal Tandon
Manager · since May 1, 2019
Partner
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Investments on record
14 edges, 14 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
→ 19thportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
→ Emulate Citiesportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
→ FieldPayportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
→ Heatmapportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
→ Roboportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
→ Rooted Agportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
→ Strange Loopportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
→ Vallorportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Arkestroportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Foundation Alloyportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Getredoportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Hyperscaleportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Reviveportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Rhizomeportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news 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
12 relationships from shared deals, counted for the whole firm
Activant Capital Group LLC 1 shared · one timeEqual Ventures 1 shared · one timeKickstart Capital, LLC 1 shared · one timeVenrex Investment Management LLP 1 shared · one timeCervin Ventures Management, LLC 1 shared · one timeWebb Investment Network Management, LLC 1 shared · one timeForum Ventures, LLC. 1 shared · one timeConvective Capital Management, LLC 1 shared · one timeConstruct Capital Management, LLC 1 shared · one timeEngine Ventures 1 shared · one timeMCJ Venture Management 1 shared · one timeMaterial Impact Management, LLC 1 shared · one time
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
8 dated events
  1. Mar 30, 2024
    EL Cap Holdings Capital Partners, 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)
  2. Mar 30, 2024
    EL Cap Holdings Project Trimtab, LLC first reported on Form ADV by EL Cap Holdings Capital Partners, LLC (Venture Capital Fund), GAV $764,303
    Fund first reported on Form ADVFundsFactEL Cap Holdings Project Trimtab, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  3. Mar 30, 2024
    EL Cap Holdings Project Tutor, LLC first reported on Form ADV by EL Cap Holdings Capital Partners, LLC (Venture Capital Fund), GAV $537,109
    Fund first reported on Form ADVFundsFactEL Cap Holdings Project Tutor, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  4. Mar 30, 2024
    EL Cap Holdings Project Scale, LLC first reported on Form ADV by EL Cap Holdings Capital Partners, LLC (Venture Capital Fund), GAV $346,345
    Fund first reported on Form ADVFundsFactEL Cap Holdings Project Scale, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  5. Mar 30, 2024
    EL Cap Holdings Project Conjugate LLC first reported on Form ADV by EL Cap Holdings Capital Partners, LLC (Venture Capital Fund), GAV $961,243
    Fund first reported on Form ADVFundsFactEL Cap Holdings Project Conjugate LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  6. Mar 30, 2024
    EL Cap Holdings Project Felix, LLC first reported on Form ADV by EL Cap Holdings Capital Partners, LLC (Venture Capital Fund), GAV $1,000,000
    Fund first reported on Form ADVFundsFactEL Cap Holdings Project Felix, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  7. Mar 30, 2024
    EL Cap Equity Fund I, LP first reported on Form ADV by EL Cap Holdings Capital Partners, LLC (Venture Capital Fund), GAV $15,639,958
    Fund first reported on Form ADVFundsFactEL Cap Equity Fund I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  8. Mar 30, 2024
    EL Cap Equity Fund II, LP first reported on Form ADV by EL Cap Holdings Capital Partners, LLC (Venture Capital Fund), GAV $9,460,000
    Fund first reported on Form ADVFundsFactEL Cap Equity Fund II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
  1. Sep 12, 2026
    Micro VC (confirmed, 95%, cls-1)
    venture manager, reported GAV $28.7M across 7 vehicles
Evidence
34 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedvc_exemption,vc_funds_reportedMar 28, 2025FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserMar 28, 2025FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserMar 30, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC adviser typeexempt_reporting_adviserMar 28, 2025FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeexempt_reporting_adviserMar 30, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2024-03-30Mar 30, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2025-03-28Mar 28, 2025FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Latest Form ADV filing2024-03-30Mar 30, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC statusERA - ActiveMar 28, 2025FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC status effective2024-03-30Mar 28, 2025FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture share of reported funds1Mar 30, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone801-556-8185Mar 28, 2025FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Business phone801-556-8185Mar 30, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Contact page urlhttps://elcap.xyz/contact
“contact page linked from the home page”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionWe build and invest at the collision of technology shifts and behavior change.
“meta description”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
HeadquartersSalt Lake City, UTMar 28, 2025FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
HeadquartersSalt Lake City, UTMar 30, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address111 EAST BROADWAY, 11TH FLOOR, Salt Lake City, UT, 84111Mar 28, 2025FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Office address111 EAST BROADWAY, 11TH FLOOR, Salt Lake City, UT, 84111Mar 30, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Legal formLimited Liability CompanyMar 28, 2025FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Legal formLimited Liability CompanyMar 30, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Portfolio pagehttps://elcap.xyz/portfolio
“14 entries read”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Private funds reported8Mar 28, 2025FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private funds reported7Mar 30, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$29.2MMar 28, 2025FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private fund gross assets (reported)$28.7MMar 30, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Team pagehttps://elcap.xyz/team
“0 name/title pairs read”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported8Mar 28, 2025FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture funds reported7Mar 30, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Websitehttps://elcap.xyzMar 28, 2025FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Websitehttps://elcap.xyzMar 30, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site titleEl Cap
“title tag”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)