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.
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Funds / B••••••••• N••••••• 2••• S••• a• S••••• o• S••••• S•••• L••
B••••••••• N••••••• 2••• S••• a• S••••• o• S••••• S•••• L••
MatureClosed to new capitalSPV or co-invest vehicleADV: Venture Capital FundS••••••• M•••••• A••••••• L••Delaware
Amounts, each with its basis
- Vintage
- 2021basis: name year
- 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
- $68,000what may be sold, not what was raised; file 021-438147, sworn by the adviser or filed under this vehicle
- Form D sold
- $68,000as of the filing of Mar 21, 2022, 9 investors
- First sale
- Mar 15, 2022
- Reported GAV
- $68,000on the Form ADV filed Nov 15, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 9
- Reported on ADV
- Nov 15, 2024 to Nov 15, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2022-03-21: the stated $68,000 offering reported fully sold (fr-1)
evidence dated Mar 21, 2022. 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: 5first sale: 2022-03-15vintage year: $2,021adv gav as of: 2024-11-15vintage basis: name_yearform d sold usd: $68,000form d offering usd: $68,000form d latest filed at: 2022-03-21
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Nov 15, 2024 | Venture Capital Fund | $68,000 | 9 | $1,000 | 74% | no |
Principals and agents
2 principals on Form D, 0 placement agents
- L•• S•••••• Director
- T••••••• S•••••• 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
- Nov 15, 2024B••••••••• N••••••• 2••• S••• a• S••••• o• S••••• S•••• L•• first reported on Form ADV by S••••••• M•••••• A••••••• L•• (Venture Capital Fund), GAV $68,000Fund 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)
- Mar 21, 2022BuildBetter N••••••• 2021 SPV, a S••••• of S••••• SPVs LLC filed Form D: $68,000 sold of $68,000, Other Investment FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Mar 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Other Investment Fund Mar 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Mar 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $68,000 Mar 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $68,000 Mar 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Mar 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2022-03-15 Mar 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 9 Mar 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2093 PHILADELPHIA PIKE, 5885, CLAYMONT, DE, 19703 Mar 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Mar 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)