DFX Intelligence
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Funds / F•••• E•• C••••••••• L•• • B•••••• 1•
F•••• E•• C••••••••• L•• • B•••••• 1•
FundraisingEvergreen or indefinite offeringSPV or co-invest vehicleADV: Venture Capital FundB••••••••• C••••••••• M••••••• L•Delaware
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
- indefinitewhat may be sold, not what was raised; file 021-439086, sworn by the adviser or filed under this vehicle
- Form D sold
- $2.0Mas of the filing of Dec 5, 2025, 24 investors
- First sale
- Jun 11, 2021
- Reported GAV
- $2.0Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 25
- Reported on ADV
- Mar 28, 2024 to Mar 28, 2024
Fundraising evidenceWhat counts as raisingA 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.
Evergreen or indefinite offering
Form D filed or amended 2025-12-05: offering indefinite, sold $2.0M (fr-1)
evidence dated Dec 5, 2025.
Lifecycle
Fundraising
Form D within 18 months and the offering is not sold out
first sale: 2021-06-11vintage year: $2,021adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $2.0Mform d offering usd: n/aform d latest filed at: 2025-12-05
The fund's own reporting through time
2 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 28, 2024 | Venture Capital Fund | $2.0M | 25 | $50,000 | 0% | no | |
| Mar 31, 2026 | Venture Capital Fund | $1.3M | 25 | $50,000 | 0% |
Principals and agents
5 principals on Form D, 0 placement agents
- F•••• E•• P••••••• L• Executive Officer
- B••••••••• C••••••••• F••• M••••••• L•• Executive Officer
- M•••••• L• M•••• Executive Officer
- A••••• D•••• Executive Officer
- B••••••••• C••••••••• M••••••• L• Executive Officer
Limited partners and their reported performanceWhose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).
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 5, 2025••• LockedForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 28, 2024••• LockedFund 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 28, 2022••• LockedForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
34 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Liability Company Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $2.0M Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $2.0M Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2021-06-11 Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2021-06-11 Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 24 Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 25 Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering other type: Limited Liability Company Interests. Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Offering other type: Limited Liability Company Interests. Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: ••• Locked Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: ••• Locked Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2021 Dec 5, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2021 Mar 28, 2022 Fact SEC EDGAR Form D data sets (quarterly)