TQ Ventures LLC
Led by Schuster Tanger and Andrew Marks, TQ is an early-stage venture firm managing over $2B in assets.
In the firm's own words, from its website.
37 additional co-investors and affiliates, 129 additional investments, funds and LPs, 1 event, 1 verified contact (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
- 3 vehicleson Form D, 18 months
$455M reported sold so far.
A Form D is filed when a vehicle takes its first money, so these are open to LPs now.
- 4 companiesnew in 12 months
4 new companies in the last 12 months. Latest round Efficient Computer, Taking on AI's Energy Problem round ($97M round, led) on 29 Sep 2026.
A firm writing cheques this quarter is one a founder can pitch now.
- 4 companiesportfolio raising
4 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 5 Aug 2026 ($547M sold on Form D).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
- 7 dealswith Sequoia Capital
Invests most often alongside Sequoia Capital (7 shared deals) and Ansa Capital Management (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 →
People to know
View all people- Managing MemberWhy: Named with investment responsibilityNo route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
Relationship network
184 connected entities7 observed rounds1 dated round shown here, 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.
- 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 TQ 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 TQ Ventures LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
119 companies on record, 4 new in 12 months
Investments on record
What these amounts mean“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.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Copperlane | portfolio listing | lead | unknown | unknown | unknown | Sep 30, 2026 | Fact Company website |
| Efficient Computer, Taking on AI's Energy Problem | Funding round | lead | unknown | $97.0M | unknown | Sep 29, 2026 | Fact Press release |
| Log10 | portfolio listing | lead | unknown | unknown | unknown | Sep 24, 2026 | Fact Company website |
Stated thesis versus observed behaviour
- Sectors
- not stated or not yet read
- Stages
- early
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Team
3 current, 0 departed
Decision makers
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. 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
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Managing Member · 2 deals attributed
- Managing Member · 1 deal attributed
- Managing Member
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
5 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV 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.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| TQ Ventures IV LP | Fund | 2025 form d first sale | Fundraising | $62.3M Mar 31, 2026 | 101 | $91.8M of $600M | Jun 29, 2026 |
| TQ Ventures III Growth LP | Growth fund | 2022 form d first sale | Fundraising | $346M Mar 31, 2026 | 111 | $273M of $346M | Feb 10, 2026 |
| TQ Ventures III Early LP | Fund | 2022 form d first sale | Fundraising | $93.2M Mar 31, 2026 | 111 | $90.9M of $115M | Feb 10, 2026 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Karsh Family Foundation | FOUNDATION | TQ Ventures III Growth LP | $1.3M fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| Karsh Family Foundation | FOUNDATION | TQ Ventures II LP | $3.3M fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| Karsh Family Foundation | FOUNDATION | TQ Ventures III Early LP | $397,650 fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
Relationships across DFX
94 co-investors · on 1 other DFX graph
Co-investors
- 2026-10-017 shared deals · strong
- 2026-10-013 shared deals · recurring
- 2026-10-013 shared deals · recurring
Across DFX and the capital chainon 1 other DFX graph · 7 capital paths ShowHide
- The same institution is held on Allocators, matched by identifier. See which records
TQ Ventures LLC is the same institution as 1 record in Allocators.
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
TQ Ventures LLC sits on 7 traced paths of capital across the graphs.
DFX traced 7 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
6 dated events, 54 observations from 3 sources
Timeline
- Mar 31, 2026TQ Ventures IV LP first reported on Form ADV by TQ Ventures LLC (Venture Capital Fund), GAV $62,340,000
- Jun 30, 2025TQ Ventures LLC filed the first Form D for TQ Ventures IV LP (fund 4); the latest earlier fund of this family on record is TQ Ventures II LP (fund 2, vintage 2019), and fund 3 is not on record; offering $600.0M
- Mar 9, 2022TQ Ventures III Early LP first reported on Form ADV by TQ Ventures LLC (Venture Capital Fund), GAV $12,490,200
- Mar 9, 2022TQ Ventures III Growth LP first reported on Form ADV by TQ Ventures LLC (Venture Capital Fund), GAV $37,470,600
- Mar 15, 2021TQ Ventures LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 4 private fundsShowHide
- Headquarters
- New York, NYadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- tqventures.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
- Mar 31, 2026
- Private funds reported
- 4 (4 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $600Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- SB Media Capital LLC (Managing Member), owns 25% to 50%; AFM LLC (Managing Member), owns 25% to 50%; Sharp Glek LLC (Managing Member), owns 25% to 50%
Classification history
Classification history
Every classification this record has carried2 on recordShowHide
- Sep 23, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $600M
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $221M
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 20, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 20, 2024 | Fact | Form ADV |
| First Form ADV filing | 2021-03-15 | Mar 31, 2026 | Fact | Form ADV |
| First Form ADV filing | 2021-03-15 | Mar 20, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-20 | Mar 20, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 31, 2026 | Fact | Form ADV |
| SEC status effective | 2021-03-15 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 20, 2024 | Fact | Form ADV |
| Business phone | Mar 31, 2026 | Fact | Form ADV | |
| Business phone | Mar 20, 2024 | Fact | Form ADV | |
| Description | Sep 16, 2026 | Fact | Firm website | |
| Headquarters | New York, NY | Mar 31, 2026 | Fact | Form ADV |
| Headquarters | New York, NY | Mar 20, 2024 | Fact | Form ADV |
| Office address | Mar 31, 2026 | Fact | Form ADV | |
| Office address | Mar 20, 2024 | Fact | Form ADV | |
| Self-described type | Venture capital | Sep 16, 2026 | Fact | Firm website |
| Legal form | Limited Liability Company | Mar 31, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 20, 2024 | Fact | Form ADV |
| Portfolio page | Sep 16, 2026 | Fact | Firm website | |
| Private funds reported | 4 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 4 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 3 | Mar 20, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $600M | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $600M | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $221M | Mar 20, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Sep 24, 2026 | Fact | Form ADV |
| Stated stages | early “stage words on the home page” | Sep 16, 2026 | Fact | Firm website |
| Team page | Sep 16, 2026 | Fact | Firm website | |
| Venture funds reported | 4 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 4 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 3 | Mar 20, 2024 | Fact | Form ADV |
| Website | Mar 31, 2026 | Fact | Form ADV | |
| Website | Mar 20, 2024 | Fact | Form ADV | |
| Website resolved domain | tq.vc | Sep 16, 2026 | Fact | Firm website |
| Website resolved domain | tq.vc | Sep 14, 2026 | Fact | Firm website |
| Site title | Sep 16, 2026 | Fact | Firm website |
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShowHide
Both early and growth/opportunity families, reported GAV $600M
- importance
- gav: 0.54 · funds: 0.42 · people: 0.12 · investments: 0.78 · co investors: 0.8
- active deployment
- investments 12m: 0.25 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-29
- emerging manager
- fund count: 5 · reported gav: $600M · first adv filing: 2021-03-15 · years since first filing: 5.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Fits
- score 55.9confidence 100%Why: sector fit; stage fit; activity; analogousWatch: adjacent portfolio
- score 47.6confidence 90%Why: stage fit; activity; cap table
- score 37.6confidence 90%Why: stage fit; activity; cap table
+9 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
- Adviser's first ADV filing2021-03-15source 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.