DFX Intelligence
Commerce Ventures V-A, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownADV: Venture Capital FundFeeder or parallel vehicle
A feeder, parallel or offshore vehicle of a main fund; its assets may overlap the main fund's.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Nothing material in the last 365 days. Last change: 20 Dec 2023, Latest Form D filed on 20 Dec 2023: $11M sold of $13.5M offered, 85 investors. A Form D amount is what was sold at the filing, never a final close.
Drawing the relationship network…
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
- $13.5Mwhat may be sold, not what was raised; file 021-489291, sworn by the adviser or filed under this vehicle
- Form D sold
- $10.9Mas of the filing of Dec 20, 2023, 85 investors
- First sale
- Aug 10, 2023
- Reported GAV
- $10.9Mon the Form ADV filed Mar 13, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 96
- Reported on ADV
- Mar 27, 2024 to Mar 13, 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 2023-12-20, older than 15 months (fr-1)
evidence dated Dec 20, 2023.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 3first sale: Aug 10, 2023vintage year: 2023adv gav as of: Mar 13, 2026vintage basis: Form d first saleform d sold: $10.9Mform d offering: $13.5Mform d latest filed at: Dec 20, 2023
The fund's own reporting through time
3 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 27, 2024 | Venture Capital Fund | $10.9M | 88 | 0% | no | ||
| May 10, 2024 | Venture Capital Fund | $10.9M | 88 | 0% | no | ||
| Mar 13, 2026 | Venture Capital Fund | $10.9M | 96 | 2% |
Principals and agents
3 principals on Form D, 0 placement agents
- Matt Nichols Executive Officer
- Daniel Rosen Executive Officer
- Ysbrant Marcelis Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorFrank, Rimerman + Co. · PALO ALTO, California, United StatesForm ADV filed Mar 13, 2026 reports.adviserinfo.sec.gov
- AdministratorADURO ADVISORS, LLC · DENVER, Colorado, United StatesForm ADV filed Mar 13, 2026 reports.adviserinfo.sec.gov
- CustodianSTIFEL BANK AND TRUST · ST. LOUIS, Missouri, United StatesForm ADV filed Mar 13, 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
3 events
- Mar 27, 2024Commerce Ventures V-A, L.P. first reported on Form ADV by Commerce Ventures Management, LLC (Venture Capital Fund), GAV $10,950,000Fund first reported on Form ADV Fact Form ADV
- Dec 20, 2023Commerce Ventures V-A, L.P. filed Form D/A: $10,950,000 sold of $13,500,000, Venture Capital FundForm D filed Fact Form D
- Aug 9, 2023Commerce Ventures V-A, L.P. filed Form D: no sales yet of $10,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 20, 2023 Fact Form D
- Entity type: Limited Partnership Aug 9, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Dec 20, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Aug 9, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 20, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Aug 9, 2023 Fact Form D
- Amendment: true Dec 20, 2023 Fact Form D
- Amendment: false Aug 9, 2023 Fact Form D
- Revenue range (Form D): Not Applicable Dec 20, 2023 Fact Form D
- Revenue range (Form D): Not Applicable Aug 9, 2023 Fact Form D
- Incorporated: withinFiveYears Dec 20, 2023 Fact Form D
- Incorporated: withinFiveYears Aug 9, 2023 Fact Form D
- Jurisdiction: Delaware Dec 20, 2023 Fact Form D
- Jurisdiction: Delaware Aug 9, 2023 Fact Form D
- Amount sold (Form D): $10.9M Dec 20, 2023 Fact Form D
- Amount sold (Form D): $0 Aug 9, 2023 Fact Form D
- Offering amount (Form D): $13.5M Dec 20, 2023 Fact Form D
- Offering amount (Form D): $10.0M Aug 9, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Dec 20, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Aug 9, 2023 Fact Form D
- First sale: 2023-08-10 Dec 20, 2023 Fact Form D
- Investors (Form D): 85 Dec 20, 2023 Fact Form D
- Investors (Form D): 0 Aug 9, 2023 Fact Form D
- Minimum investment (Form D): 0 Dec 20, 2023 Fact Form D
- Minimum investment (Form D): 0 Aug 9, 2023 Fact Form D
- Securities offered: pooled Dec 20, 2023 Fact Form D
- Securities offered: pooled Aug 9, 2023 Fact Form D
- Office address: Dec 20, 2023 Fact Form D
- Office address: Aug 9, 2023 Fact Form D
- Year of incorporation: 2023 Dec 20, 2023 Fact Form D
- Year of incorporation: 2023 Aug 9, 2023 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Commerce Ventures V-A, 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
3 dated events on the change ledger, latest event first
- Fund first reported on ADV2024-03-27source on record
- Form D filed2023-12-20source on record
- Form D filed2023-08-09source 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.