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 / Sgv25, a Series of Sgv I, LLC
Sgv25, a Series of Sgv I, LLC
Active deploymentClosed to new capitalSPV or co-invest vehicleADV: Venture Capital FundSpark Growth VenturesDelaware
Amounts, each with its basis
- Vintage
- 2023basis: 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
- $2.2Mwhat may be sold, not what was raised; file 021-494896, sworn by the adviser or filed under this vehicle
- Form D sold
- $2.2Mas of the filing of Oct 17, 2023, 106 investors
- First sale
- Oct 4, 2023
- Reported GAV
- $2.0Mon the Form ADV filed Mar 8, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 106
- Reported on ADV
- Mar 8, 2024 to Mar 8, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2023-10-17: the stated $2.2M offering reported fully sold (fr-1)
evidence dated Oct 17, 2023. 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
Active deployment
vintage 2 to 4 years
age years: 3first sale: 2023-10-04vintage year: $2,023adv gav as of: 2024-03-08vintage basis: form_d_first_saleform d sold usd: $2.2Mform d offering usd: $2.2Mform d latest filed at: 2023-10-17
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 8, 2024 | Venture Capital Fund | $2.0M | 106 | $2,000 | 1% | no |
Principals and agents
1 principals on Form D, 1 placement agents
- HEM Suri Executive Officer/Director
- Regiment Securities, LLC placement agent
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
- Mar 8, 2024Sgv25, a Series of Sgv I, LLC first reported on Form ADV by Spark Growth Ventures (Venture Capital Fund), GAV $2,000,000Fund 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)
- Oct 17, 2023SGV25, a series of SGV I, LLC filed Form D: $2,180,000 sold of $2,180,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $2.2M Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $2.2M Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-10-04 Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 106 Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 6,000 Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 13282 OCEAN VISTA ROAD, SAN DIEGO, CA, 92130 Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2023 Oct 17, 2023 Fact SEC EDGAR Form D data sets (quarterly)