Clarus Ventures, LLC

Corporate ventureSEC-registered adviserClassification probable· Cambridge, MassachusettsCLARUSFUNDS.COM

Corporate venture, based in Cambridge, Massachusetts, reporting $806M of fund assets on its funds' Form ADV filings.

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

Reported fund assets
$806M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
2
Latest vintage
2017
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

5 additional team members, 10 additional co-investors and affiliates, 10 additional investments, funds and LPs, 19 events, 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. 8 deals
    with DFJ Growth

    Invests most often alongside DFJ Growth (8 shared deals) and Arch Venture Partners (4 shared deals).

    pair last observed on record 13 May 2013, 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

Relationship network

29 connected entities21 observed rounds9 repeat counterparties16 dated rounds shown here, 2010 to 2013

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.

What stands out
Reading the network
  • 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 Clarus 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 Clarus Ventures, LLC

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

Investing

7 companies on record, 0 new in 12 months

Investments on record

7 companies, 21 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
NanoString Technologies IncForm D equity offeringunknown · boardNicholas Galakatos (strongly supported)$150,000
form d sold
unknownMay 13, 2013Inference Form D
Allozyne IncForm D equity offeringunknown · boardMichael Steinmetz (strongly supported)$900,000
form d sold
unknownApr 5, 2013Inference Form D
Tetralogic Pharmaceuticals CorpForm D equity offeringunknown · boardMichael Steinmetz (strongly supported)$5.0M
form d sold
unknownDec 13, 2012Inference Form D

Stated thesis versus observed behaviour

21 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 no observed dealsfollow-on rate 57%new companies, 12 months 0

Team

4 current, 8 departed

Decision makers

who to call first, and why; then everyone else by function
  • Nicholas George Galakatos · Senior Managing Director
    Why this person: Managing director; Named with investment responsibility
Who else at this firm · 2 people, grouped by function
Finance, operations and compliance (2)
  • Alicia Melissa Novak · Chief Compliance Officer
    Why this person: Joined in Jul 2025
  • Robert William Liptak · Chief Financial Officer, Chief Operating Officer
    Why this person: Chief Financial Officer, Chief Operating Officer at the firm

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

4 current, 8 departed
8 departed (kept with end dates)

Contacts

1 firm phone

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

Funds and LPs

9 vehicles, 0 LPs disclosed

Funds and vehicles

9 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Clarus Iv-C, L.P.Fund2017 form d first saleHarvest$258M
Mar 30, 2026
28$790M
of $880M
May 17, 2017
Clarus Iv-A, L.P.Feeder or parallel2017 form d first saleHarvest$217M
Mar 30, 2026
35$790M
of $880M
May 17, 2017
Clarus Iv-B, L.P.Feeder or parallel2017 form d first saleHarvest$140M
Mar 30, 2026
11$790M
of $880M
May 17, 2017

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

2 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Richard King Mellon Foundation Dtd 01-01-47FOUNDATIONClarus Lifesciences III, L.P.$97,483
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
W M Keck FoundationFOUNDATIONClarus Lifesciences I, L.P.$1.1M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

8 co-investors · on 2 other DFX graphs

Co-investors

8 counted from shared deals, for the whole firm

Compare portfolios with DFJ Growth, Arch Venture Partners, Hatteras Venture Partners or any firm. Co-investors across the market

Across DFX and the capital chainon 2 other DFX graphs · 2 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Clarus Ventures, LLC is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

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

Checking your plan…

Capital chain

Clarus Ventures, LLC sits on 2 traced paths of capital across the graphs.

Allocator commitments to a manager

DFX traced 2 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

24 dated events, 67 observations from 4 sources

Timeline

24 dated events
  1. Mar 30, 2026
    Julie Danielle Constable (Chief Compliance Officer) no longer on Schedule A of Clarus Ventures, LLC
    Person leftPeopleInferenceJulie Danielle ConstableForm ADV
  2. Mar 28, 2024
    Nicholas Joseph Simon (Senior Managing Director) no longer on Schedule A of Clarus Ventures, LLC
    Person leftPeopleInferenceNicholas J. SimonForm ADV
  3. Mar 28, 2024
    Kurt C. Wheeler (Senior Managing Director) no longer on Schedule A of Clarus Ventures, LLC
    Person leftPeopleInferenceKurt C. WheelerForm ADV
  4. Dec 2, 2022
    Omar Raoul Rehman (Chief Compliance Officer) no longer on Schedule A of Clarus Ventures, LLC
    Person leftPeopleInferenceOmar Raoul RehmanForm ADV
  5. Nov 1, 2022
    Julie Danielle Constable joined Schedule A of Clarus Ventures, LLC as Chief Compliance Officer
    Person joinedPeopleFactJulie Danielle ConstableForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 9 private fundsShow
Headquarters
Cambridge, MAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 30, 2026
Private funds reported
9 (9 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$806Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$806Mthe adviser's RAUM, a regulatory measure, never a fund size
Employees
31
Owners on Schedule A
Blackstone Holdings I L.P. (Limited Partner), owns 75% or more; Blackstone Inc. (Sole Member), owns 75% or more; Catalyst Fund Holdco L.P. (Sole Member), owns 75% or more

Classification history

Every classification this record has carried1 on recordShow
  1. Sep 12, 2026
    Corporate venture (probable, 80%)

Evidence

68 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedMar 30, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 30, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 30, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 28, 2024FactForm ADV
First Form ADV filing2012-03-22Mar 30, 2026FactForm ADV
First Form ADV filing2012-03-22Mar 28, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2024-03-28Mar 28, 2024FactForm ADV
SEC statusApprovedMar 30, 2026FactForm ADV
SEC status effective2019-01-28Mar 30, 2026FactForm ADV
Venture share of reported funds1Mar 30, 2026FactForm ADV
Venture share of reported funds1Mar 28, 2024FactForm ADV
Business phoneMar 30, 2026FactForm ADV
Business phoneMar 28, 2024FactForm ADV
Employees31Mar 30, 2026FactForm ADV
Employees28Mar 28, 2024FactForm ADV
HeadquartersCambridge, MAMar 30, 2026FactForm ADV
HeadquartersCambridge, MAMar 28, 2024FactForm ADV
Office addressMar 30, 2026FactForm ADV
Office addressMar 28, 2024FactForm ADV
Legal formLimited Liability CompanyMar 30, 2026FactForm ADV
Private funds reported9Mar 30, 2026FactForm ADV
Private funds reported9Mar 30, 2026FactForm ADV
Private funds reported9Mar 28, 2024FactForm ADV
Private fund gross assets (reported)$806MMar 30, 2026FactForm ADV
Private fund gross assets (reported)$806MMar 30, 2026FactForm ADV
Private fund gross assets (reported)$1.1BMar 28, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$806MMar 30, 2026FactForm ADV
Regulatory AUM (adviser, not fund size)$1.1BMar 28, 2024FactForm ADV
Schedule a diffsadiff-1Mar 30, 2026FactForm ADV
Venture funds reported9Mar 30, 2026FactForm ADV
Venture funds reported9Mar 30, 2026FactForm ADV
Venture funds reported9Mar 28, 2024FactForm ADV
WebsiteSep 12, 2026FactForm ADV
WebsiteMar 28, 2024FactForm ADV
Robotsdisallowed
“robots.txt disallows our user agent”
Sep 16, 2026Fact
How this is scored
Scores, classification basis and filing advisersCorporate venture, probableShow
Importance
48
elevated
Active deployment
0
low
Emerging
0
low
Freshness
100
high
Corporate venture · probableSEC registered investment adviser

Corporate parent: Blackstone Inc.

The inputs behind each score
importance
gav: 0.58 · funds: 0.75 · people: 0.08 · investments: 0.49 · co investors: 0.37
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 9 · reported gav: $806M · first adv filing: 2012-03-22 · years since first filing: 14.5

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
    2012-03-22source 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.