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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Funds / F•••••• G•••• S••••• F•••• L•
F•••••• G•••• S••••• F•••• L•
Amounts, each with its basis
- Vintage
- 2013basis: 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
- $225Mwhat may be sold, not what was raised; file 021-200779, sworn by the adviser or filed under this vehicle
- Form D sold
- $225Mas of the filing of Oct 25, 2013, 21 investors
- First sale
- Jul 19, 2013
- Reported GAV
- $201Mon the Form ADV filed Mar 25, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 22
- Reported on ADV
- Mar 31, 2014 to Mar 25, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2013-10-25: the stated $225.0M offering reported fully sold (fr-1)
evidence dated Oct 25, 2013. A 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.
Lifecycle
Harvest
vintage over 7 years, still reported
age years: 13first sale: 2013-07-19vintage year: $2,013adv gav as of: 2024-03-25vintage basis: form_d_first_saleform d sold usd: $225Mform d offering usd: $225Mform d latest filed at: 2013-10-25
The fund's own reporting through time
21 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2014 | Venture Capital Fund | $242M | 21 | 2% | yes | ||
| Jun 6, 2014 | Venture Capital Fund | $242M | 21 | 2% | yes | ||
| Mar 31, 2015 | Venture Capital Fund | $279M | 21 | 2% | yes | ||
| Mar 4, 2016 | Venture Capital Fund | $394M | 21 | $5.0M | 2% | yes | |
| Mar 17, 2016 | Venture Capital Fund | $394M | 21 | $5.0M | 2% | yes | |
| Apr 19, 2016 | Venture Capital Fund | $394M | 21 | $5.0M | 2% | yes | |
| Mar 31, 2017 | Venture Capital Fund | $267M | 21 | $5.0M | 2% | yes | |
| Apr 20, 2017 | Venture Capital Fund | $267M | 21 | $5.0M | 2% | yes | |
| Apr 21, 2017 | Venture Capital Fund | $267M | 21 | $5.0M | 2% | yes | |
| Jun 5, 2017 | Venture Capital Fund | $267M | 21 | $5.0M | 2% | yes | |
| Mar 30, 2018 | Venture Capital Fund | $320M | 22 | $5.0M | 2% | yes | |
| Mar 27, 2019 | Venture Capital Fund | $271M | 22 | $5.0M | 2% | yes | |
| Mar 27, 2020 | Venture Capital Fund | $243M | 22 | $5.0M | 2% | yes | |
| Jun 5, 2020 | Venture Capital Fund | $243M | 22 | $5.0M | 2% | yes | |
| Nov 9, 2020 | Venture Capital Fund | $243M | 22 | $5.0M | 2% | yes | |
| Mar 31, 2021 | Venture Capital Fund | $276M | 22 | $5.0M | 2% | yes | |
| Mar 30, 2022 | Venture Capital Fund | $281M | 22 | $5.0M | 2% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $240M | 22 | $5.0M | 2% | yes | |
| Apr 14, 2023 | Venture Capital Fund | $240M | 22 | $5.0M | 2% | yes | |
| Jun 27, 2023 | Venture Capital Fund | $240M | 22 | $5.0M | 2% | yes | |
| Mar 25, 2024 | Venture Capital Fund | $201M | 22 | $5.0M | 2% | yes |
Principals and agents
5 principals on Form D, 0 placement agents
- R••• J• M••••••• Director
- J•••• J• M•••••••• Director
- B••• F••• Director
- F•••••• S••••• F••• G•• L•• Promoter
- S••• J• L••••• Director
Limited partners and their reported performance
1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| S•• D•••• C••• E••••••••• R••••••••• S••••• content.sdcers.gov | 2013 | $5.0M | $4.7M | $5.8M | $1.8M | 10.9% | 1.6x | Mar 31, 2026 |
Each 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).
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
4 events
- Mar 31, 2026SDCERS reports F•••••• G•••• S••••• F•••• L•••: $5,000,000 committed, vintage 2013, net IRR 10.9%, 1.61xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 31, 2014F•••••• G•••• S••••• F•••• L• first reported on Form ADV by F•••••• G••••• L•• (Venture Capital Fund), GAV $242,448,877Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Oct 25, 2013F•••••• G•••• S••••• F•••• L••• filed Form D/A: $225,000,000 sold of $225,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Aug 5, 2013F•••••• G•••• S••••• F•••• L••• filed Form D: $218,000,000 sold of $225,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Partnership Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $225M Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $218M Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $225M Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $225M Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.7 Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2013-07-19 Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2013-07-19 Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 21 Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 20 Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1050 WALNUT STREET, SUITE 210, BOULDER, CO, 80302 Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: c/o F•••••• Group, 1050 WALNUT STREET, SUITE 210, BOULDER, CO, 80302 Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2013 Oct 25, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2013 Aug 5, 2013 Fact SEC EDGAR Form D data sets (quarterly)