DFX Intelligence
SP Satoshi River, LLC
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
Nothing material in the last 365 days. Last change: 19 May 2021, Latest Form D filed on 19 May 2021: $4.35M sold, 9 investors. A Form D amount is what was sold at the filing, never a final close.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2021basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- indefinitewhat may be sold, not what was raised; file 021-399872, sworn by the adviser or filed under this vehicle
- Form D sold
- $4.3Mas of the filing of May 19, 2021, 9 investors
- First sale
- May 7, 2021
- Reported GAV
- $5.6Mon the Form ADV filed Jul 10, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 10
- Reported on ADV
- Jun 24, 2021 to Jul 10, 2026
Fundraising evidenceWhat counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Unknown
latest Form D 2021-05-19, older than 15 months (fr-1)
evidence dated May 19, 2021.
LifecycleMature
vintage 4 to 7 years
age years: 5first sale: May 7, 2021vintage year: 2021adv gav as of: Jul 10, 2026vintage basis: Form d first saleform d sold: $4.3Mform d offering: n/aform d latest filed at: May 19, 2021
The fund's own reporting through time
10 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jun 24, 2021 | Venture Capital Fund | $0 | 7 | 0% | yes | ||
| Jan 19, 2022 | Venture Capital Fund | $0 | 7 | 0% | yes | ||
| Mar 28, 2022 | Venture Capital Fund | $4.3M | 12 | 0% | yes | ||
| Sep 20, 2022 | Venture Capital Fund | $4.3M | 12 | 0% | yes | ||
| Mar 30, 2023 | Venture Capital Fund | $5.7M | 11 | 0% | yes | ||
| Jul 10, 2023 | Venture Capital Fund | $5.7M | 11 | 0% | yes | ||
| Sep 6, 2023 | Venture Capital Fund | $5.7M | 11 | 0% | yes | ||
| Mar 27, 2024 | Venture Capital Fund | $5.6M | 7 | 0% | yes | ||
| Jul 10, 2024 | Venture Capital Fund | $5.6M | 7 | 0% | yes | ||
| Jul 10, 2026 | Venture Capital Fund | $5.6M | 10 | 0% |
Principals and agents
3 principals on Form D, 0 placement agents
- Summit Peak Ventures GP II, LLC Executive Officer
- Patrick O'Connor Executive Officer/Director
- Apurva Mehta Executive Officer/Director
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorFrank, Rimerman + Co. · PALO ALTO, California, United StatesForm ADV filed Jul 10, 2026 reports.adviserinfo.sec.gov
- AdministratorADURO ADVISORS, LLC · SEATTLE, Washington, United StatesForm ADV filed Jul 10, 2026 reports.adviserinfo.sec.gov
- CustodianSUSSER BANK · DALLAS, Texas, United StatesForm ADV filed Jul 10, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).
0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Known LPs and allocatorsWhat these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.
0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
5 events
- Mar 27, 2024Administrator changed: ADURO ADVISORS, LLC replaced Standish Management, first reported on the Form ADV filed March 27, 2024 (previous filing September 6, 2023)Administrator changed Fact Form ADV
- Mar 27, 2024Custodian changed: SUSSER BANK replaced First Citizens Bank, first reported on the Form ADV filed March 27, 2024 (previous filing September 6, 2023)Custodian changed Fact Form ADV
- Mar 30, 2023Auditor changed: Frank, Rimerman + Co. replaced WIPFLI LLP, first reported on the Form ADV filed March 30, 2023 (previous filing September 20, 2022)Auditor changed Fact Form ADV
- Jun 24, 2021SP Satoshi River, LLC first reported on Form ADV by Summit Peak Investments, LLC (Venture Capital Fund)Fund first reported on Form ADV Fact Form ADV
- May 19, 2021SP Satoshi River, LLC filed Form D: $4,350,000 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Liability Company May 19, 2021 Fact Form D
- Form D fund type: Venture Capital Fund May 19, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund May 19, 2021 Fact Form D
- Amendment: false May 19, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose May 19, 2021 Fact Form D
- Incorporated: withinFiveYears May 19, 2021 Fact Form D
- Jurisdiction: Delaware May 19, 2021 Fact Form D
- Amount sold (Form D): $4.3M May 19, 2021 Fact Form D
- Exemptions: 06b, 3C.1, 3C.7 May 19, 2021 Fact Form D
- First sale: 2021-05-07 May 19, 2021 Fact Form D
- Indefinite offering: true May 19, 2021 Fact Form D
- Investors (Form D): 9 May 19, 2021 Fact Form D
- Minimum investment (Form D): 0 May 19, 2021 Fact Form D
- Securities offered: Equity, pooled May 19, 2021 Fact Form D
- Office address: May 19, 2021 Fact Form D
- Year of incorporation: 2021 May 19, 2021 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
SP Satoshi River, 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…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2021-06-24source on record
- Form D filed2021-05-19source 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.