Florida Funders Investment Fund 1, LLC
2 additional principals
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- -31%reported GAV
Reported gross assets fell from $22.9M to $15.7M between the Form ADV filings of 29 Mar 2024 and 31 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Amounts, each with its basis
- Vintage
- 2017basis: 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
- $15.0Mwhat may be sold, not what was raised; file 021-287731, sworn by the adviser or filed under this vehicle
- Form D sold
- $11.8Mas of the filing of May 2, 2018, 74 investors
- First sale
- May 1, 2017
- Reported GAV
- $15.7Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 99
- Reported on ADV
- Sep 24, 2021 to Mar 31, 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.Lifecycle
Harvest
Lifecycle
The fund's own reporting through time
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Sep 24, 2021 | Venture Capital Fund | $18.4M | 99 | $50.0M | 4% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $15.5M | 99 | $50,000 | 4% | yes | |
| Apr 26, 2023 | Venture Capital Fund | $20.1M | 99 | $50,000 | 4% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $22.9M | 99 | $50,000 | 4% | yes | |
| Mar 31, 2026 | Venture Capital Fund | $15.7M | 99 | $50,000 | 4% |
Principals and agents
- R. Kevin Adamek Executive Officer
- Manager of the Issuer's Manager Kevin Florida Funders, LLC Executive Officer
- Thomas Wallace Executive Officer/Promoter
Service providers
- AuditorCHERRY BEKAERT LLP · TAMPA, Florida, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianTRUIST BANK · TAMPA, Florida, United StatesForm ADV filed Mar 31, 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).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.Investments attributed to this vehicle
Timeline
- Sep 24, 2021Florida Funders Investment Fund 1, LLC first reported on Form ADV by FF Capital Partners, LLC (Venture Capital Fund), GAV $18,444,058Fund first reported on Form ADV Fact Form ADV
- May 2, 2018Florida Funders Investment Fund I, LLC filed Form D/A: $11,750,000 sold of $15,000,000, Private Equity FundForm D filed Fact Form D
- May 31, 2017Florida Funders Investment Fund I, LLC filed Form D: $2,275,000 sold of $10,000,000, Private Equity FundForm D filed Fact Form D
Evidence
Every observation on this vehicle
- Entity type: Limited Liability Company May 2, 2018 Fact Form D
- Entity type: Limited Liability Company May 31, 2017 Fact Form D
- Form D fund type: Private Equity Fund May 2, 2018 Fact Form D
- Form D fund type: Private Equity Fund May 31, 2017 Fact Form D
- Form D industry group: Pooled Investment Fund May 2, 2018 Fact Form D
- Form D industry group: Pooled Investment Fund May 31, 2017 Fact Form D
- Amendment: true May 2, 2018 Fact Form D
- Amendment: false May 31, 2017 Fact Form D
- Revenue range (Form D): Decline to Disclose May 2, 2018 Fact Form D
- Revenue range (Form D): Decline to Disclose May 31, 2017 Fact Form D
- Incorporated: withinFiveYears May 2, 2018 Fact Form D
- Incorporated: withinFiveYears May 31, 2017 Fact Form D
- Jurisdiction: Florida May 2, 2018 Fact Form D
- Jurisdiction: Florida May 31, 2017 Fact Form D
- Amount sold (Form D): $11.8M May 2, 2018 Fact Form D
- Amount sold (Form D): $2.3M May 31, 2017 Fact Form D
- Offering amount (Form D): $15.0M May 2, 2018 Fact Form D
- Offering amount (Form D): $10.0M May 31, 2017 Fact Form D
- Exemptions: 06b, 3C, 3C.1 May 2, 2018 Fact Form D
- Exemptions: 06b, 3C, 3C.1 May 31, 2017 Fact Form D
- First sale: 2017-05-01 May 2, 2018 Fact Form D
- First sale: 2017-05-01 May 31, 2017 Fact Form D
- Investors (Form D): 74 May 2, 2018 Fact Form D
- Investors (Form D): 13 May 31, 2017 Fact Form D
- Minimum investment (Form D): 50,000 May 2, 2018 Fact Form D
- Minimum investment (Form D): 50,000 May 31, 2017 Fact Form D
- Securities offered: Equity, pooled May 2, 2018 Fact Form D
- Securities offered: Equity, pooled May 31, 2017 Fact Form D
- Office address: May 2, 2018 Fact Form D
- Office address: May 31, 2017 Fact Form D
- Year of incorporation: 2016 May 2, 2018 Fact Form D
- Year of incorporation: 2016 May 31, 2017 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Florida Funders Investment Fund 1, LLC is the same institution as 2 records in RIA and Wealth and Private Equity.
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.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Record history
- Fund first reported on ADV2021-09-24source on record
- Form D filed2018-05-02source on record
- Form D filed2017-05-31source 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.