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 / Initialized Ep Spv, LLC

Initialized Ep Spv, LLC

HarvestClosed to new capitalSPV or co-invest vehicleADV: Venture Capital FundInitialized Capital Management, LLC
Amounts, each with its basis
Vintage
2017basis: 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
$2.9Mwhat 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 021-288385
Form D sold
$2.9Mas of the filing of Jun 9, 2017, 17 investors
First sale
May 26, 2017
Reported GAV
$5.4Mon the Form ADV filed Oct 30, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
18
Reported on ADV
Mar 1, 2018 to Oct 30, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2017-06-09: the stated $2.9M offering reported fully sold (fr-1)
evidence dated Jun 9, 2017. 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: 9first sale: 2017-05-26vintage year: $2,017adv gav as of: 2024-10-30vintage basis: form_d_first_saleform d sold usd: $2.9Mform d offering usd: $2.9Mform d latest filed at: 2017-06-09
The fund's own reporting through time
11 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 1, 2018Venture Capital Fund$3.0M
171%no
Apr 6, 2018Venture Capital Fund$3.0M
171%no
Mar 30, 2019Venture Capital Fund$3.0M
171%no
Mar 31, 2020Venture Capital Fund$3.0M
171%no
Jul 28, 2020Venture Capital Fund$3.0M
171%no
Mar 25, 2021Venture Capital Fund$3.0M
171%no
Mar 31, 2022Venture Capital Fund$5.4M
171%no
Feb 8, 2023Venture Capital Fund$5.4M
171%no
Mar 27, 2023Venture Capital Fund$5.4M
181%no
Mar 29, 2024Venture Capital Fund$5.4M
181%no
Oct 30, 2024Venture Capital Fund$5.4M
181%no
Principals and agents
2 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
2 events
  1. Mar 1, 2018
    Initialized Ep Spv, LLC first reported on Form ADV by Initialized Capital Management, LLC (Venture Capital Fund), GAV $3,000,000
    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)
  2. Jun 9, 2017
    Initialized EP SPV, LLC filed Form D: $2,900,000 sold of $2,900,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle