DFX Intelligence
Brick & Mortar Ventures I, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
UnknownFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 event
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- -24%reported GAV
Reported gross assets fell from $144M to $109M between the Form ADV filings of 29 Mar 2024 and 12 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- unknownno dated first sale or first report yet
- 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
- $100Mwhat may be sold, not what was raised; file 021-301348, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Dec 21, 2017
- First sale
- unknown
- Reported GAV
- $109Mon the Form ADV filed Mar 12, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 13
- Reported on ADV
- Feb 20, 2018 to Mar 12, 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.Unknown
latest Form D 2017-12-21, older than 15 months (fr-1)
evidence dated Dec 21, 2017.
Lifecycle
Unknown
Lifecycle
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: Mar 12, 2026vintage basis: n/aform d sold: $0form d offering: $100Mform d latest filed at: Dec 21, 2017
The fund's own reporting through time
10 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Feb 20, 2018 | Venture Capital Fund | $50.0M | 7 | 10% | yes | ||
| Mar 1, 2019 | Venture Capital Fund | $101M | 13 | 10% | yes | ||
| Aug 2, 2019 | Venture Capital Fund | $101M | 13 | 10% | yes | ||
| Mar 25, 2020 | Venture Capital Fund | $95.3M | 13 | 10% | yes | ||
| Mar 29, 2021 | Venture Capital Fund | $103M | 13 | 10% | yes | ||
| Mar 30, 2022 | Venture Capital Fund | $121M | 13 | 10% | yes | ||
| May 19, 2022 | Venture Capital Fund | $109M | 13 | 10% | yes | ||
| Mar 31, 2023 | Venture Capital Fund | $138M | 13 | 10% | yes | ||
| Mar 29, 2024 | Venture Capital Fund | $144M | 13 | 10% | yes | ||
| Mar 12, 2026 | Venture Capital Fund | $109M | 13 | 10% |
Principals and agents
2 principals on Form D, 0 placement agents
- Brick & Mortar Ventures GP, LLC Director
- Darren Bechtel Director
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorGrant Thornton · SAN FRANCISCO, California, United StatesForm ADV filed Mar 12, 2026 reports.adviserinfo.sec.gov
- AdministratorCarta · SAN FRANCISCO, California, United StatesForm ADV filed Mar 12, 2026 reports.adviserinfo.sec.gov
- CustodianFirst Citizens Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 12, 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.0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
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
6 events
- Mar 12, 2026Administrator changed: Carta replaced Standish Management, first reported on the Form ADV filed March 12, 2026 (previous filing March 25, 2025)Administrator changed Fact Form ADV
- Mar 29, 2021Auditor changed: Grant Thornton replaced EY, first reported on the Form ADV filed March 29, 2021 (previous filing March 25, 2020)Auditor changed Fact Form ADV
- Mar 25, 2020Administrator changed: Standish Management replaced SS&C, first reported on the Form ADV filed March 25, 2020 (previous filing August 2, 2019)Administrator changed Fact Form ADV
- Mar 1, 2019Administrator changed: SS&C replaced CONIFER FINANCIAL SERVICES, first reported on the Form ADV filed March 1, 2019 (previous filing February 20, 2018)Administrator changed Fact Form ADV
- Feb 20, 2018Brick & Mortar Ventures I, L.P. first reported on Form ADV by Brick & Mortar Ventures Management, LLC (Venture Capital Fund), GAV $50,000,000Fund first reported on Form ADV Fact Form ADV
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 21, 2017 Fact Form D
- Form D fund type: Venture Capital Fund Dec 21, 2017 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 21, 2017 Fact Form D
- Amendment: false Dec 21, 2017 Fact Form D
- Revenue range (Form D): Decline to Disclose Dec 21, 2017 Fact Form D
- Incorporated: withinFiveYears Dec 21, 2017 Fact Form D
- Jurisdiction: Delaware Dec 21, 2017 Fact Form D
- Amount sold (Form D): $0 Dec 21, 2017 Fact Form D
- Offering amount (Form D): $100M Dec 21, 2017 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Dec 21, 2017 Fact Form D
- Investors (Form D): 0 Dec 21, 2017 Fact Form D
- Minimum investment (Form D): 0 Dec 21, 2017 Fact Form D
- Securities offered: pooled Dec 21, 2017 Fact Form D
- Office address: Dec 21, 2017 Fact Form D
- Year of incorporation: 2017 Dec 21, 2017 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Brick & Mortar Ventures I, L.P. is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2018-02-20source on record
- Form D filed2017-12-21source 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.