DFX Intelligence
Practical Vc - Flash 2d, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
UnknownFundraising status unknownOutside venture scope
A non-venture vehicle outside venture scope, shown because its manager is on the venture graph.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Nothing material in the last 365 days.
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
- unknownwhat may be sold, not what was raised
- Form D sold
- unknown
- First sale
- unknown
- Reported GAV
- $1.7Mon the Form ADV filed Sep 12, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 1
- Reported on ADV
- Sep 12, 2026 to Sep 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
no Form D or close on record (fr-1)
Lifecycle
Unknown
Lifecycle
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: Sep 12, 2026vintage basis: n/aform d sold: n/aform d offering: n/aform d latest filed at: n/a
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Sep 12, 2026 | $1.7M | 1 | $15,000 | 0% |
Principals and agents
1 principal on Form D, 0 placement agents
- Practical Vc, LLC general partner (ADV 7.B.(1).A.3)
Service providers
2 named on Form ADV Schedule D and Form D
- AdministratorCarta · SAN FRANCISCO, California, United StatesForm ADV filed Mar 6, 2026 reports.adviserinfo.sec.gov
- CustodianCarta · SAN FRANCISCO, California, United StatesForm ADV filed Mar 6, 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
1 event
- Sep 12, 2026Practical Vc - Flash 2d, LP first reported on Form ADV by Practical Vc Investment Advisor, LLC, GAV $1,736,114Fund first reported on Form ADV Fact Form ADV
Evidence
1 observation
Every observation on this vehicle
- Adv pdf fund: PRACTICAL VC - FLASH 2D, LP Sep 12, 2026 Fact Form ADV
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Practical Vc - Flash 2d, LP is the same institution as 2 records in Private Equity and RIA and Wealth.
Private Equity1RIA and Wealth1
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.
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Record history
1 dated event on the change ledger, latest event first
- Fund first reported on ADV2026-09-12source 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.