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 / Factorial Funds I LLC

Factorial Funds I LLC

MatureClosed to new capitalFundADV: Venture Capital FundFactorial Funds Management LLCDelaware
Amounts, each with its basis
Vintage
2021basis: 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
$4.8Mwhat may be sold, not what was raised; file 021-402467, sworn by the adviser or filed under this vehicle
Form D sold
$4.8Mas of the filing of Jun 10, 2021, 48 investors
First sale
Apr 13, 2021
Reported GAV
$15.1Mon the Form ADV filed Feb 13, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
48
Reported on ADV
Feb 17, 2022 to Feb 13, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2021-06-10: the stated $4.8M offering reported fully sold (fr-1)
evidence dated Jun 10, 2021. 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
Mature
vintage 4 to 7 years
age years: 5first sale: 2021-04-13vintage year: $2,021adv gav as of: 2024-02-13vintage basis: form_d_first_saleform d sold usd: $4.8Mform d offering usd: $4.8Mform d latest filed at: 2021-06-10
The fund's own reporting through time
3 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Feb 17, 2022Venture Capital Fund$15.1M
48$25,0000%no
Apr 26, 2023Venture Capital Fund$15.1M
48$25,0000%no
Feb 13, 2024Venture Capital Fund$15.1M
48$25,0000%no
Principals and agents
4 principals on Form D, 0 placement agents
  • Richard Thoms Executive Officer
  • LLC Assure Fund Management II Executive Officer
  • LLC Factorial Funds Management Director
  • Solomon Bier Director
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
  1. Feb 17, 2022
    Factorial Funds I LLC first reported on Form ADV by Factorial Funds Management LLC (Venture Capital Fund), GAV $15,095,307
    Fund 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)
  2. Jun 24, 2021
    Factorial Funds LLC filed Form D/A: $4,794,075 sold of $4,794,075, Other Investment Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Jun 10, 2021
    Factorial Funds LLC filed Form D: $4,794,075 sold of $4,794,075, Other Investment Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
30 observations
Every observation on this vehicle