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.

Funds / PVP Seed Fund, LP

PVP Seed Fund, LP

MatureUnknownSeed fundADV: Venture Capital FundConvergent Ventures LLCDelaware
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
$35.0Mwhat may be sold, not what was raised; file 021-390187, sworn by the adviser or filed under this vehicle
Form D sold
$24.3Mas of the filing of Apr 26, 2023, 26 investors
First sale
Feb 16, 2021
Reported GAV
$33.2Mon the Form ADV filed Mar 25, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
33
Reported on ADV
Jun 9, 2023 to Mar 25, 2024
Fundraising evidence
Unknown
latest Form D 2023-04-26, older than 15 months (fr-1)
evidence dated Apr 26, 2023. 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
Mature
vintage 4 to 7 years
age years: 5first sale: 2021-02-16vintage year: $2,021adv gav as of: 2024-03-25vintage basis: form_d_first_saleform d sold usd: $24.3Mform d offering usd: $35.0Mform d latest filed at: 2023-04-26
The fund's own reporting through time
5 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2021Venture Capital Fund$9.9M
16$100,00012%yes
Mar 23, 2022Venture Capital Fund$14.5M
19$100,00024%yes
Mar 29, 2023Venture Capital Fund$25.1M
19$100,00024%yes
Jun 9, 2023Venture Capital Fund$25.6M
27$100,00012%yes
Mar 25, 2024Venture Capital Fund$33.2M
33$100,0009%yes
Principals and agents
4 principals on Form D, 0 placement agents
Limited partners and their reported performance
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.
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
6 events
  1. Mar 26, 2024
    PVP Seed Fund, LP no longer reported on Form ADV by Phoenix Venture Partners
  2. Apr 26, 2023
    PVP Seed Fund, LP filed Form D/A: $24,270,000 sold of $35,000,000, Venture Capital Fund
  3. Apr 29, 2022
    PVP Seed Fund, LP filed Form D/A: $22,480,000 sold of $25,000,000, Venture Capital Fund
  4. Jul 20, 2021
    PVP Seed Fund, LP filed Form D/A: $10,150,000 sold of $25,000,000, Venture Capital Fund
  5. Mar 30, 2021
    PVP Seed Fund, LP first reported on Form ADV by Phoenix Venture Partners (Venture Capital Fund), GAV $9,920,000
  6. Feb 23, 2021
    PVP Seed Fund, LP filed Form D: $8,750,000 sold of $25,000,000, Venture Capital Fund
Evidence
64 observations
Every observation on this vehicle