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 / LO Fund I, a Series of 79 Funds, LP
LO Fund I, a Series of 79 Funds, LP
MatureClosed to new capitalSPV or co-invest vehicleADV: Venture Capital FundAngellist AdvisorsDelaware
Amounts, each with its basis
- Vintage
- 2019basis: 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
- $93,500what may be sold, not what was raised; file 021-340257, sworn by the adviser or filed under this vehicle
- Form D sold
- $93,500as of the filing of May 23, 2019, 9 investors
- First sale
- May 20, 2019
- Reported GAV
- $93,400on the Form ADV filed Jun 14, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 23
- Reported on ADV
- Mar 30, 2020 to Jun 14, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2019-05-23: the stated $93,500 offering reported fully sold (fr-1)
evidence dated May 23, 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
Mature
vintage 4 to 7 years
age years: 7first sale: 2019-05-20vintage year: $2,019adv gav as of: 2024-06-14vintage basis: form_d_first_saleform d sold usd: $93,500form d offering usd: $93,500form d latest filed at: 2019-05-23
The fund's own reporting through time
7 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2020 | Venture Capital Fund | $93,400 | 23 | $2,500 | 0% | no | |
| Mar 31, 2021 | Venture Capital Fund | $93,400 | 24 | $2,500 | 0% | no | |
| Nov 4, 2021 | Venture Capital Fund | $93,400 | 24 | $2,500 | 0% | no | |
| Mar 31, 2022 | Venture Capital Fund | $93,400 | 25 | $2,500 | 0% | no | |
| Mar 30, 2023 | Venture Capital Fund | $93,400 | 23 | $2,500 | 0% | no | |
| Mar 29, 2024 | Venture Capital Fund | $93,400 | 23 | $2,500 | 0% | no | |
| Jun 14, 2024 | Venture Capital Fund | $93,400 | 23 | $2,500 | 0% | no |
Principals and agents
4 principals on Form D, 0 placement agents
- Belltower Fund Group, Ltd. Director
- Fund GP, LLC Director
- Quinn Rotchford Executive Officer
- Jeffrey Grimberg 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
- Mar 30, 2020LO Fund I, a Series of 79 Funds, LP first reported on Form ADV by Angellist Advisors (Venture Capital Fund), GAV $93,400Fund 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)
- May 24, 2019LO Fund I, a series of 79 Funds, LP filed Form D/A: $101,400 sold of $101,400, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- May 23, 2019LO Fund I, a series of 79 Funds, LP filed Form D: $93,500 sold of $93,500, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
54 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $101,400 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $93,500 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $101,400 May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $93,500 May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $101,400 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $93,500 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $101,400 May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $93,500 May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2019-05-21 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2019-05-20 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2019-05-21 May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2019-05-20 May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 23 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 9 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 23 May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 9 May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 871 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 1,000 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 871 May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 1,000 May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 411 1ST AVE S, SUITE 505, SEATTLE, WA, 98104 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 411 1ST AVE S, SUITE 505, SEATTLE, WA, 98104 May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 411 1ST AVE S, SUITE 505, SEATTLE, WA, 98104 May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2019 May 24, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2019 May 23, 2019 Fact SEC EDGAR Form D data sets (quarterly)