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 / Lateral Capital Advisors, LLC
Lateral Capital Advisors, LLC
Lateral Capital Infomation
name or self-description says angel
Importance
14
low
Active deployment
8
low
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
4
low
Identity and regulatory footprint
- Headquarters
- Sarasota, FLadviserinfo.sec.gov
- Office address
- 1330 MAIN STREET, SECOND FLOOR, Sarasota, FL, 34236adviserinfo.sec.gov
- Business phone
- 651-303-3700adviserinfo.sec.gov
- Website
- https://lateralcapital.com/
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 29, 2024
- Private funds reported
- 3 (3 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $19.2Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- john.lilly@lateralcapital.comlateralcapital.compublished by the subject
- business phone
- 651-303-3700adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
- Sectors
- enterprise software, healthcare, industrial, b2b
- Stages
- early
- Geography
- atlanta, austin, new york, texas
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- angel
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 2
Funds and vehicles
3 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Lateral Capital VI, LP | Fund | 2020 form d first sale | Mature | $6.3M Mar 29, 2024 | 43 | $8.0M of $10.0M | Feb 17, 2022 |
| Lateral Capital V, L.P. | Fund | 2019 form d first sale | Mature | $7.1M Mar 29, 2024 | 35 | $7.0M of $10.0M | Apr 10, 2020 |
| Lateral Capital IV, L.P. | Fund | 2017 form d first sale | Harvest | $5.7M Mar 29, 2024 | 15 | $500,000 of $5.0M | Jan 20, 2017 |
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
22 current, 0 departed
Joy Lindsay
AssociatePresident and CEO, Startec Investments Long-time Early-Stage Investor
Conrad Szymanski
Board or advisoryBoard Member, Beall's Inc.
David Welle
Founder or executiveBoard Chairman, Second Heart Homes, Inc.
Drayton Saunders
Founder or executivePresident, Michael Saunders & Company
Harry Kangis
Founder or executiveCo-Founder/General Manger, One Page Solutions, LLC
Jeff Ansell
Founder or executiveSenior Advisor at Vestar / Executive COB of IRI Worldwide / Former CEO, Pinnacle Foods and Sun Products
Jeff Liter
Founder or executiveMulti-Company CEO, Health Care Biologics
Jim Campbell
Founder or executiveRetired Chairman, Wells Fargo Minnesota
John Pepper
Founder or executiveRetired President, CEO and Chairman, The Procter & Gamble Company / Former COB, The Walt Disney Company
Mike Murray
Founder or executiveRetired President Global Corporate & Investment Banking, Bank of America
Tom Moore
Founder or executiveFormer President, P&G Health Care / CEO of multiple Early Stage companies
John Nicholas Lilly
Managing partnerManaging Member · since Dec 1, 2016
Cliff Anderson
PartnerRetired Owner, Crown Iron Works
Tim Kost
PartnerLateral Capital LP and Managing Director
Timothy Kost
PartnerManaging Director · since Dec 1, 2016
Tom Malkoski
PartnerCEO, Penford Corporation / Former Managing Director, Chiquita Brands Int'l
David Cohen
Platform and operationsExecutive Vice President/COO, Standard Oil
Henry Cousineau
Platform and operationsFounder of Novus Marketing (currently Omnicom) / Restauranteur
Jim Lawrence
Platform and operationsFormer CFO of Northwest Airlines, General Mills and Unilever, NV / Former CEO of Rothschild North America
Steve Gold
Platform and operationsFormer General Counsel, Tropicana Products, Inc.
Cathy James Paglia
PrincipalDirector, Enterprise Asset Management, Inc.
Greg Bonifield
PrincipalPrincipal, Woodfield Development
Investments on record
2 edges, 2 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| 3200.pro | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Terms and Conditions | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact 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
3 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
5 dated events
- Sep 16, 2026Lateral Capital Advisors, LLC: MICRO_VC -> ANGEL_FUND (name or self-description says angel)Classification changedClassificationInferenceno URL
- Mar 30, 2022Lateral Capital VI, LP first reported on Form ADV by Lateral Capital Advisors, LLC (Venture Capital Fund), GAV $3,900,000Fund first reported on Form ADVFundsFactLateral Capital VI, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 10, 2021Lateral Capital Advisors, 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)
- May 10, 2021Lateral Capital IV, L.P. first reported on Form ADV by Lateral Capital Advisors, LLC (Venture Capital Fund), GAV $4,275,000Fund first reported on Form ADVFundsFactLateral Capital IV, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 10, 2021Lateral Capital V, L.P. first reported on Form ADV by Lateral Capital Advisors, LLC (Venture Capital Fund), GAV $3,800,000Fund first reported on Form ADVFundsFactLateral Capital V, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 16, 2026Angel fund or group (probable, 80%, cls-1)name or self-description says angel
- Sep 12, 2026Micro VC (probable, 80%, cls-1)venture manager, reported GAV $19.2M across 3 vehicles
Evidence
26 observations from 2 sources