2.0 Ventures Adviser LLC

Institutional venture firmSEC exempt reporting adviserEmerging managerClassification probable· Lehi, Utah

Institutional venture firm, based in Lehi, Utah, reporting $64.1M of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$64.1M
sum of its funds' Form ADV filings, last 30 months
Investment team
1
Latest vintage
2023
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

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

  1. 1 vehicle
    new on Form ADV, 12 months

    2.0 Ventures Fund I was first reported on Form ADV on 12 Sep 2026.

    A vehicle reported for the first time is a new fund in the adviser's own filing.

    FactSEC Form ADV Schedule DFor LPs, placement agentsFunds →

People to know

View all people

Relationship network

4 connected entities

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.

2.0 Ventures Adviser LLC
Lehi, UT
Reading the network
  • 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 2.0 Ventures Adviser 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 2.0 Ventures Adviser LLC

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

Investing

0 companies on record, 0 new in 12 months

Investments on record

0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.

Stated thesis versus observed behaviour

no observed deals yet
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: no observed deals yet
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

1 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • William Benson Metcalf · Managing Partner & Ceo
    Why this person: Managing partner: runs the firm; 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. 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

1 current, 0 departed

Contacts

1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

3 vehicles, 0 LPs disclosed

Funds and vehicles

3 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
2.0 Ventures Fund II LPFund2023 form d first saleActive deploymentunknownunknown$5.4MApr 18, 2024
2.0 Ventures Fund II-A LPFeeder or parallel2023 form d first saleActive deploymentunknownunknown$650,000Apr 18, 2024
2.0 Ventures Fund I LPFundunknownUnknown$64.1M
Sep 12, 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

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

0 co-investors · on 1 other DFX graph

Co-investors

0 counted from shared deals, for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Across DFX and the capital chainon 1 other DFX graph Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

2.0 Ventures Adviser LLC is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Evidence and history

2 dated events, 13 observations from 2 sources

Timeline

2 dated events
  1. Sep 12, 2026
    2.0 Ventures Fund I LP first reported on Form ADV by 2.0 Ventures Adviser LLC, GAV $64,092,634
    Fund first reported on Form ADVFundsFact2.0 Ventures Fund I LPForm ADV
  2. Aug 19, 2025
    2.0 Ventures Adviser LLC appears on the SEC adviser roster (ERA)
    First SEC adviser filingOrganizationFactForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 19, 2026 · 1 private fundsShow
Headquarters
Lehi, UTadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
unknown
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Private fund adviseradviserinfo.sec.gov
Latest Form ADV
Mar 19, 2026
Private funds reported
1 (1 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$64.1Madviserinfo.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 13, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $64M across 3 vehicles
  2. Sep 12, 2026
    Institutional venture firm (probable, 70%)
    Venture manager with no reported fund assets yet (scale unknown)

Evidence

14 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedMar 19, 2026FactForm ADV
SEC exemption claimedPrivate fund adviserMar 19, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 19, 2026FactForm ADV
Latest Form ADV filing2026-03-19Mar 19, 2026FactForm ADV
Adv pdf loadedadv-pdf-1Sep 12, 2026FactForm ADV
SEC statusERA - ActiveMar 19, 2026FactForm ADV
SEC status effective2025-08-19Mar 19, 2026FactForm ADV
Business phoneMar 19, 2026FactForm ADV
HeadquartersLehi, UTMar 19, 2026FactForm ADV
Office addressMar 19, 2026FactForm ADV
Legal formLimited Liability CompanyMar 19, 2026FactForm ADV
Private funds reported1Mar 19, 2026FactForm ADV
Private fund gross assets (reported)$64.1MMar 19, 2026FactForm ADV
Venture funds reported1Mar 19, 2026FactForm ADV
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, probableShow
Importance
13
low
Active deployment
25
moderate
Emerging
86
high
Freshness
89
high
Institutional venture firm · probableSEC exempt reporting adviser

Venture manager, reported GAV $64M across 3 vehicles

The inputs behind each score
importance
gav: 0.24 · funds: 0.25 · people: 0.04 · investments: 0 · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 3 · reported gav: $64.1M · first adv filing: 2025-08-19 · years since first filing: 1.1

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
    2025-08-19source 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.

Not yet on record: new companies, 12 mo.