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 / Tola Ventures, LP

Tola Ventures, LP

HarvestClosed to new capitalFundADV: Venture Capital FundTola Capital Management, LLCDelaware
Amounts, each with its basis
Vintage
2015basis: 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
$296Mwhat may be sold, not what was raised; file 021-241074, sworn by the adviser or filed under this vehicle
Form D sold
$296Mas of the filing of Nov 14, 2016, 11 investors
First sale
Jun 8, 2015
Reported GAV
$422Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
11
Reported on ADV
Aug 20, 2015 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2016-11-14: the stated $295.5M offering reported fully sold (fr-1)
evidence dated Nov 14, 2016. 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: 11first sale: 2015-06-08vintage year: $2,015adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $296Mform d offering usd: $296Mform d latest filed at: 2016-11-14
The fund's own reporting through time
11 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Aug 20, 2015Venture Capital Fund$206M
9$5.0M2%yes
Mar 4, 2016Venture Capital Fund$218M
11$5.0M2%yes
Mar 10, 2017Venture Capital Fund$297M
12$5.0M2%yes
Mar 27, 2018Venture Capital Fund$294M
12$5.0M2%yes
Jun 13, 2019Venture Capital Fund$294M
12$5.0M2%yes
Sep 17, 2020Venture Capital Fund$304M
12$5.0M2%yes
Sep 17, 2020Venture Capital Fund$304M
12$5.0M2%yes
Mar 15, 2021Venture Capital Fund$298M
12$5.0M2%yes
Mar 18, 2022Venture Capital Fund$292M
12$5.0M2%yes
Mar 28, 2023Venture Capital Fund$513M
12$1.0M2%yes
Mar 29, 2024Venture Capital Fund$422M
11$1.0M2%yes
Principals and agents
3 principals on Form D, 0 placement agents
  • Sheila Gulati Director
  • Tola Capital Management, LLC Promoter
  • Tola Capital GP, LLC Promoter
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
5 events
  1. Nov 14, 2016
    Tola Ventures, LP filed Form D/A: $295,500,000 sold of $295,500,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  2. Nov 14, 2016
    Tola Ventures, LP filed Form D/A: $295,500,000 sold of $295,500,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Aug 20, 2015
    Tola Ventures, LP first reported on Form ADV by Tola Capital Management, LLC (Venture Capital Fund), GAV $206,039,832
    Fund 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)
  4. Jul 8, 2015
    Tola Ventures, LP filed Form D/A: $202,737,500 sold of $225,000,410, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  5. Jun 3, 2015
    Tola Ventures, LP filed Form D: no sales yet of $116,480,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
47 observations
Every observation on this vehicle