DFX Intelligence
IR C, a Series of Pathbreaker Spv, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed to new capitalADV: Venture Capital FundSingle-purpose vehicle
A single-purpose vehicle, usually formed for one deal.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Nothing material in the last 365 days. Last change: 20 Aug 2021, Latest Form D filed on 20 Aug 2021: $3.45M sold of $3.45M offered, 28 investors. A Form D amount is what was sold at the filing, never a final close.
Drawing the relationship network…
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
- $3.5Mwhat may be sold, not what was raised; file 021-410774, sworn by the adviser or filed under this vehicle
- Form D sold
- $3.5Mas of the filing of Aug 20, 2021, 28 investors
- First sale
- Aug 12, 2021
- Reported GAV
- $12,062on the Form ADV filed Jun 4, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 31
- Reported on ADV
- Mar 31, 2022 to Jun 4, 2026
Fundraising evidence
What 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.Closed to new capital
Form D filed or amended 2021-08-20: the stated $3.5M offering reported fully sold (fr-1)
evidence dated Aug 20, 2021.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 5first sale: Aug 12, 2021vintage year: 2021adv gav as of: Jun 4, 2026vintage basis: Form d first saleform d sold: $3.5Mform d offering: $3.5Mform d latest filed at: Aug 20, 2021
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2022 | Venture Capital Fund | $3.5M | 28 | $1,000 | 0% | no | |
| Mar 30, 2023 | Venture Capital Fund | $3.4M | 28 | $1,000 | 0% | no | |
| Mar 29, 2024 | Venture Capital Fund | $12,062 | 28 | $1,000 | 0% | no | |
| Jun 14, 2024 | Venture Capital Fund | $12,062 | 28 | $1,000 | 0% | no | |
| Jun 4, 2026 | Venture Capital Fund | $12,062 | 31 | $1,000 | 0% |
Principals and agents
2 principals on Form D, 0 placement agents
- Belltower Fund Group, Ltd. Director
- Fund GP, LLC Director
Service providers
3 named on Form ADV Schedule D and Form D
- AdministratorBelltower Fund Group (AngelList) · SEATTLE, Washington, United StatesForm ADV filed Jun 4, 2026 reports.adviserinfo.sec.gov
- CustodianBelltower Fund Group (AngelList) · SEATTLE, Washington, United StatesForm ADV filed Jun 4, 2026 reports.adviserinfo.sec.gov
- MarketerAngelList · SAN FRANCISCO, California, United StatesForm ADV filed Jun 4, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose 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.
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Maclellan Foundation Inc | FOUNDATION | $124,000 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
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
- Mar 31, 2022IR C, a Series of Pathbreaker Spv, LP first reported on Form ADV by Angellist Advisors (Venture Capital Fund), GAV $3,450,008Fund first reported on Form ADV Fact Form ADV
- Aug 20, 2021IR C, a series of Pathbreaker SPV, LP filed Form D: $3,453,908 sold of $3,453,908, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Aug 20, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Aug 20, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Aug 20, 2021 Fact Form D
- Amendment: false Aug 20, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Aug 20, 2021 Fact Form D
- Incorporated: withinFiveYears Aug 20, 2021 Fact Form D
- Jurisdiction: Delaware Aug 20, 2021 Fact Form D
- Amount sold (Form D): $3.5M Aug 20, 2021 Fact Form D
- Offering amount (Form D): $3.5M Aug 20, 2021 Fact Form D
- Exemptions: 06b, 3C.1 Aug 20, 2021 Fact Form D
- First sale: 2021-08-12 Aug 20, 2021 Fact Form D
- Investors (Form D): 28 Aug 20, 2021 Fact Form D
- Minimum investment (Form D): 5,029 Aug 20, 2021 Fact Form D
- Securities offered: pooled Aug 20, 2021 Fact Form D
- Office address: Aug 20, 2021 Fact Form D
- Year of incorporation: 2021 Aug 20, 2021 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
IR C, a Series of Pathbreaker Spv, LP is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA and Wealth1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
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Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2022-03-31source on record
- Form D filed2021-08-20source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.