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 / Partner Program Laguna 1, LLC
Partner Program Laguna 1, 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
- indefinitewhat 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 issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-346868
- Form D sold
- $5.1Mas of the filing of Aug 19, 2019, 5 investors
- First sale
- Apr 17, 2017
- Reported GAV
- $5.0Mon the Form ADV filed Mar 27, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 500
- Reported on ADV
- Mar 30, 2019 to Mar 27, 2024
Fundraising evidence
Unknown
latest Form D 2019-08-19, older than 15 months (fr-1)
evidence dated Aug 19, 2019. 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: 2017-04-17vintage year: $2,017adv gav as of: 2024-03-27vintage basis: form_d_first_saleform d sold usd: $5.1Mform d offering usd: n/aform d latest filed at: 2019-08-19
The fund's own reporting through time
8 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2019 | Venture Capital Fund | $4.7M | 1 | $500,000 | 0% | no | |
| Apr 29, 2020 | Venture Capital Fund | $4.5M | 1 | $500,000 | 0% | no | |
| May 15, 2020 | Venture Capital Fund | $4.5M | 1 | $500,000 | 0% | no | |
| Mar 30, 2021 | Venture Capital Fund | $4.3M | 5 | $500,000 | 0% | no | |
| Dec 9, 2021 | Venture Capital Fund | $4.3M | 5 | $500,000 | 0% | no | |
| Mar 31, 2022 | Venture Capital Fund | $3.9M | 5 | $500,000 | 0% | no | |
| Mar 30, 2023 | Venture Capital Fund | $5.2M | 5 | $500,000 | 0% | no | |
| Mar 27, 2024 | Venture Capital Fund | $5.0M | 500 | $500,000 | 0% | no |
Principals and agents
1 principals on Form D, 0 placement agents
- Michael Collins 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
- Aug 19, 2019Partner Program Laguna 1, LLC filed Form D: $5,075,000 sold (indefinite offering), Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 30, 2019Partner Program Laguna 1, LLC first reported on Form ADV by Alumni Ventures Group (Venture Capital Fund), GAV $4,662,538Fund 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)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): $1 - $1,000,000 Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $5.1M Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06c, 3C, 3C.1 Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2017-04-17 Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 5 Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 100,000 Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 788 ELM STREET, Third Floor, MANCHESTER, NH, 03101 Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2017 Aug 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)