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 / Betaworks Ventures Management, LLC
Betaworks Ventures Management, LLC
Betaworks is a product-focused, seed-stage venture capital fund.
venture manager, reported GAV $447M across 5 vehicles
Importance
41
elevated
Active deployment
55
elevated
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
20
moderate
Identity and regulatory footprint
- Headquarters
- New York, NYadviserinfo.sec.gov
- Office address
- 416 WEST 13TH STREET, SUITE 203, New York, NY, 10014adviserinfo.sec.gov
- Business phone
- 646-895-6233adviserinfo.sec.gov
- 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
- 5 (5 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $435Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- info@betaworks.combetaworks.compublished by the subject
- business email
- eventsny@betaworks.combetaworks.compublished by the subject
- business phone
- 646-895-6233adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
102 observed deals
Stated (the firm’s website)
- Sectors
- ai
- 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 97%Other Technology 2%Other 1%
lead rate n/afollow-on rate n/anew logos, 12 months 102
Funds and vehicles
5 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Betaworks Ventures 3.0, LP | Fund | 2023 form d first sale | Active deployment | $39.3M Dec 12, 2024 | 17 | $51.8M of $75.0M | Dec 19, 2024 |
| Beta X Al, LP | Fund | 2022 adv first reported | Active deployment | $7.7M Dec 12, 2024 | 12 | unknown | unknown |
| Betaworks Effervescence LLC | Fund | 2021 form d first sale | Mature | $1.4M Dec 12, 2024 | 13 | $1.4M of $1.4M | Oct 7, 2021 |
| Betaworks Ventures 2.0, LP | Fund | 2019 form d first sale | Mature | $54.3M Dec 12, 2024 | 63 | $8.8M of $55.0M | Dec 23, 2020 |
| Betaworks Ventures 1.0, LP | Fund | unknown | Unknown | $344M Dec 12, 2024 | 38 | $0 of $75.0M | Jul 15, 2016 |
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
6 current, 2 departed
John Borthwick
Managing partnerManaging Partner
John K.L. Borthwick
Managing partnerManaging Member · since Apr 1, 2015
Jon Chin
Operating partnerOperating Partner
Jordan Crook
PartnerPartner
Lauren Olson
Platform and operationsFund Operations Manager
2 departed (kept with end dates)
- Matthew Forrest Hartman · Member · Apr 1, 2015 to Mar 27, 2023 Inference
- Peter Rojas · Member · Apr 1, 2015 to Mar 30, 2022 Inference
Investments on record
102 edges, 102 companies, 0 partner-attributed
“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
40 relationships from shared deals, counted for the whole firm
Prime Management Company I, LLC 2 shared · recurringInstitutional Venture 2 shared · recurringCourtside Ventures 2 shared · recurringCNK Equity Partners I, LLC 2 shared · recurringAzolla Management Company, LP 2 shared · recurringLightspeed Faction 2 shared · recurringCollab+currency Management, LLC 2 shared · recurringGrdnt LLC 1 shared · one timeCamden Partners Growth Equity 1 shared · one timeCadron Capital Partners Fund Manager LLC 1 shared · one timeCollaborative Fund Management LLC 1 shared · one timeVariant 1 shared · one timeFounders First Advisors 1 shared · one timeParade Route LLC 1 shared · one timeInflection Managing Partner Inc. 1 shared · one timeUnion Square Ventures 1 shared · one timeA.capital Ventures 1 shared · one timeFelicis Ventures 1 shared · one timeKickstart Capital, LLC 1 shared · one timeClaremont Creek Ventures 1 shared · one timeRidge Ventures 1 shared · one timeMythos Ventures Management, LLC 1 shared · one timeWayfinder Ventures Management, L.L.C. 1 shared · one timeGrowth Catalyst Partners, L.P. 1 shared · one timeGiant Ventures Global LLP 1 shared · one timeFirstmark Capital, LLC 1 shared · one timeQED Investors, LLC 1 shared · one timeLeadout Capital Management, LLC 1 shared · one timeSJW Investments, LLC 1 shared · one timeScout Vc, LLC 1 shared · one timeElectric Capital Partners, LLC 1 shared · one timeTrue Ventures 1 shared · one timeRebellion Ventures, LLC 1 shared · one timeDynamism Capital LP 1 shared · one timeHack Vc Management, LLC 1 shared · one timeNotation Capital Management, LLC 1 shared · one timeDifferential Venture Partners, LLC 1 shared · one timeScribble Ventures Management, LLC 1 shared · one timePillar Companies Management, LLC 1 shared · one timeSection Partners 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
- Mar 28, 2024Betaworks Ventures 3.0, LP first reported on Form ADV by Betaworks Ventures Management, LLC (Venture Capital Fund), GAV $39,300,000Fund first reported on Form ADVFundsFactBetaworks Ventures 3.0, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2023Matthew Forrest Hartman (Member) no longer on Schedule A of Betaworks Ventures Management, LLC
- Mar 30, 2022Betaworks Effervescence LLC first reported on Form ADV by Betaworks Ventures Management, LLC (Venture Capital Fund), GAV $1,375,000Fund first reported on Form ADVFundsFactBetaworks Effervescence LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2022Beta X Al, LP first reported on Form ADV by Betaworks Ventures Management, LLC (Venture Capital Fund)Fund first reported on Form ADVFundsFactBeta X Al, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2022Peter Rojas (Member) no longer on Schedule A of Betaworks Ventures Management, LLC
- Mar 26, 2021Betaworks Ventures 2.0, LP first reported on Form ADV by Betaworks Ventures Management, LLC (Venture Capital Fund), GAV $32,042,005Fund first reported on Form ADVFundsFactBetaworks Ventures 2.0, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Dec 12, 2016Betaworks Ventures 1.0, LP first reported on Form ADV by Betaworks Ventures Management, LLC (Venture Capital Fund), GAV $26,212,121Fund first reported on Form ADVFundsFactBetaworks Ventures 1.0, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Dec 12, 2016Betaworks Ventures Management, 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)
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $447M across 5 vehicles
Evidence
44 observations from 3 sources