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 / Liquid 2 Ventures Fund II, L.P.
Liquid 2 Ventures Fund II, L.P.
Amounts, each with its basis
- Vintage
- 2018basis: 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
- $50.0Mwhat may be sold, not what was raised; file 021-306832, sworn by the adviser or filed under this vehicle
- Form D sold
- $37.7Mas of the filing of Apr 17, 2019, 59 investors
- First sale
- Mar 8, 2018
- Reported GAV
- $246Mon the Form ADV filed Jul 1, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 83
- Reported on ADV
- Aug 14, 2019 to Jul 1, 2024
Fundraising evidence
Unknown
latest Form D 2019-04-17, older than 15 months (fr-1)
evidence dated Apr 17, 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: 8first sale: 2018-03-08vintage year: $2,018adv gav as of: 2024-07-01vintage basis: form_d_first_saleform d sold usd: $37.7Mform d offering usd: $50.0Mform d latest filed at: 2019-04-17
The fund's own reporting through time
9 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Aug 14, 2019 | Venture Capital Fund | $52.0M | 83 | $25,000 | 2% | yes | |
| Feb 6, 2020 | Venture Capital Fund | $52.0M | 98 | $25,000 | 2% | yes | |
| Mar 31, 2021 | Venture Capital Fund | $50.1M | 98 | $25,000 | 2% | yes | |
| Mar 1, 2022 | Venture Capital Fund | $50.1M | 98 | $25,000 | 2% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $244M | 98 | $25,000 | 2% | yes | |
| Aug 30, 2023 | Venture Capital Fund | $244M | 98 | $25,000 | 2% | yes | |
| Oct 23, 2023 | Venture Capital Fund | $244M | 98 | $25,000 | 2% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $246M | 83 | $25,000 | 2% | yes | |
| Jul 1, 2024 | Venture Capital Fund | $246M | 83 | $25,000 | 2% | yes |
Principals and agents
2 principals on Form D, 0 placement agents
- Joseph C. Montana Executive Officer
- a Delaware limited liability company Liquid 2 GP II, LLC 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
- Aug 14, 2019Liquid 2 Ventures Fund II, L.P. first reported on Form ADV by Liquid 2 Ventures, LLC (Venture Capital Fund), GAV $51,963,900Fund 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)
- Apr 17, 2019Liquid 2 Ventures Fund II, L.P. filed Form D/A: $37,670,000 sold of $50,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 2, 2018Liquid 2 Ventures Fund II, L.P. filed Form D: no sales yet of $50,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
47 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Mar 2, 2018 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 Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 2, 2018 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 Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 2, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Mar 2, 2018 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 Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Mar 2, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 2, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 2, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $37.7M Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $37.7M Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Mar 2, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $50.0M Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $50.0M Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $50.0M Mar 2, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Mar 2, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2018-03-08 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2018-03-08 Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 59 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 59 Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Mar 2, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 2, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 2, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 830 MENLO AVENUE, SUITE 100, MENLO PARK, CA, 94025 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 830 MENLO AVENUE, SUITE 100, MENLO PARK, CA, 94025 Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 830 MENLO AVENUE, SUITE 100, MENLO PARK, CA, 94025 Mar 2, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2017 Apr 17, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2017 Mar 2, 2018 Fact SEC EDGAR Form D data sets (quarterly)