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 / Benchstrength Partners, L.P.
Benchstrength Partners, L.P.
Amounts, each with its basis
- Vintage
- 2022basis: 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
- $70.0Mwhat may be sold, not what was raised; file 021-468092, sworn by the adviser or filed under this vehicle
- Form D sold
- $43.4Mas of the filing of Dec 21, 2023, 34 investors
- First sale
- Dec 21, 2022
- Reported GAV
- $44.0Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 36
- Reported on ADV
- Feb 19, 2023 to Mar 29, 2024
Fundraising evidence
Unknown
latest Form D 2023-12-21, older than 15 months (fr-1)
evidence dated Dec 21, 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
Active deployment
vintage 2 to 4 years
age years: 4first sale: 2022-12-21vintage year: $2,022adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $43.4Mform d offering usd: $70.0Mform d latest filed at: 2023-12-21
The fund's own reporting through time
2 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Feb 19, 2023 | Venture Capital Fund | $26.1M | 24 | 1% | no | ||
| Mar 29, 2024 | Venture Capital Fund | $44.0M | 36 | 13% | yes |
Principals and agents
3 principals on Form D, 0 placement agents
- John Monagle Executive Officer
- Benchstrength GP, LLC Executive Officer
- Kenneth Chenault Jr. 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
3 events
- Dec 21, 2023Benchstrength Partners, L.P. filed Form D/A: $43,350,000 sold of $70,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Feb 19, 2023Benchstrength Partners, L.P. first reported on Form ADV by Benchstrength (Venture Capital Fund), GAV $26,058,000Fund 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)
- Dec 20, 2022Benchstrength Partners, L.P. filed Form D: no sales yet of $70,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Dec 20, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Dec 20, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Dec 20, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Dec 20, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Dec 20, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 20, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Dec 20, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $43.4M Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Dec 20, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $70.0M Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $70.0M Dec 20, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Dec 20, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2022-12-21 Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 34 Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Dec 20, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 20, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Dec 20, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 330 SPRING STREET, APT 6A, NEW YORK, NY, 10013 Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 330 SPRING STREET, APT 6A, NEW YORK, NY, 10013 Dec 20, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Dec 21, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Dec 20, 2022 Fact SEC EDGAR Form D data sets (quarterly)