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.
Funds / Electric Capital Partners Vcf2, LLC
Electric Capital Partners Vcf2, LLC
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
- $20.1Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the filing's signer sitting on the adviser's roster, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-391068
- Form D sold
- $20.1Mas of the filing of Mar 3, 2021, 4 investors
- First sale
- Feb 16, 2021
- Reported GAV
- $20.1Mon the Form ADV filed May 16, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 4
- Reported on ADV
- Jun 29, 2021 to May 16, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2021-03-03: the stated $20.1M offering reported fully sold (fr-1)
evidence dated Mar 3, 2021. 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: 2024-05-16vintage basis: form_d_first_saleform d sold usd: $20.1Mform d offering usd: $20.1Mform d latest filed at: 2021-03-03
The fund's own reporting through time
7 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jun 29, 2021 | Venture Capital Fund | $20.1M | 2 | 0% | no | ||
| Mar 30, 2022 | Venture Capital Fund | $20.1M | 2 | 0% | yes | ||
| Nov 29, 2022 | Venture Capital Fund | $20.1M | 5 | 0% | yes | ||
| Mar 31, 2023 | Venture Capital Fund | $20.1M | 4 | 0% | yes | ||
| May 22, 2023 | Venture Capital Fund | $20.1M | 4 | 0% | yes | ||
| Mar 29, 2024 | Venture Capital Fund | $20.1M | 4 | 0% | yes | ||
| May 16, 2024 | Venture Capital Fund | $20.1M | 4 | 0% | yes |
Principals and agents
2 principals on Form D, 0 placement agents
- Avichal Garg Executive Officer
- Curtis Spencer Executive Officer
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
2 events
- Jun 29, 2021Electric Capital Partners Vcf2, LLC first reported on Form ADV by Electric Capital Partners, LLC (Venture Capital Fund), GAV $20,125,000Fund 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)
- Mar 3, 2021Electric Capital Partners VCF2, LLC filed Form D: $20,125,000 sold of $20,125,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $20.1M Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $20.1M Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2021-02-16 Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 4 Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 855 EL CAMINO REAL #13A-152, PALO ALTO, CA, 94301 Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2021 Mar 3, 2021 Fact SEC EDGAR Form D data sets (quarterly)