Precursor Ventures IV, LP
3 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- -28%reported GAV
Reported gross assets fell from $60.3M to $43.6M between the Form ADV filings of 28 Mar 2024 and 31 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
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
- $90.0Mwhat may be sold, not what was raised; file 021-417261, sworn by the adviser or filed under this vehicle
- Form D sold
- $73.2Mas of the filing of May 10, 2022, 63 investors
- First sale
- Oct 18, 2021
- Reported GAV
- $43.6Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 63
- Reported on ADV
- Jul 1, 2022 to Mar 31, 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.Lifecycle
Mature
Lifecycle
The fund's own reporting through time
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jul 1, 2022 | Venture Capital Fund | $73.4M | 63 | $10,000 | 1% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $81.1M | 63 | $10,000 | 1% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $60.3M | 63 | $10,000 | 1% | yes | |
| Mar 31, 2026 | Venture Capital Fund | $43.6M | 63 | $10,000 | 1% |
Principals and agents
- Charles Hudson Executive Officer
Service providers
- AuditorFrank, Rimerman + Co. · PALO ALTO, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorCarta · SAN FRANCISCO, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 31, 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).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.| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Mitchell Kapor Foundation | FOUNDATION | $301,884 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| Eugene & Agnes E Meyer Foundation | FOUNDATION | $301,884 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
Investments attributed to this vehicle
Timeline
- Jul 1, 2022Precursor Ventures IV, LP first reported on Form ADV by Precursor Ventures Management, LLC (Venture Capital Fund), GAV $73,400,000Fund first reported on Form ADV Fact Form ADV
- May 10, 2022Precursor Ventures IV, L.P. filed Form D/A: $73,225,000 sold of $90,000,000, Venture Capital FundForm D filed Fact Form D
- Oct 15, 2021Precursor Ventures IV, L.P. filed Form D: no sales yet of $60,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
Every observation on this vehicle
- Entity type: Limited Partnership May 10, 2022 Fact Form D
- Entity type: Limited Partnership Oct 15, 2021 Fact Form D
- Form D fund type: Venture Capital Fund May 10, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Oct 15, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund May 10, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Oct 15, 2021 Fact Form D
- Amendment: true May 10, 2022 Fact Form D
- Amendment: false Oct 15, 2021 Fact Form D
- Revenue range (Form D): Not Applicable May 10, 2022 Fact Form D
- Revenue range (Form D): Not Applicable Oct 15, 2021 Fact Form D
- Incorporated: withinFiveYears May 10, 2022 Fact Form D
- Incorporated: withinFiveYears Oct 15, 2021 Fact Form D
- Jurisdiction: Delaware May 10, 2022 Fact Form D
- Jurisdiction: Delaware Oct 15, 2021 Fact Form D
- Amount sold (Form D): $73.2M May 10, 2022 Fact Form D
- Amount sold (Form D): $0 Oct 15, 2021 Fact Form D
- Offering amount (Form D): $90.0M May 10, 2022 Fact Form D
- Offering amount (Form D): $60.0M Oct 15, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.7 May 10, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Oct 15, 2021 Fact Form D
- First sale: 2021-10-18 May 10, 2022 Fact Form D
- Investors (Form D): 63 May 10, 2022 Fact Form D
- Investors (Form D): 0 Oct 15, 2021 Fact Form D
- Minimum investment (Form D): 0 May 10, 2022 Fact Form D
- Minimum investment (Form D): 0 Oct 15, 2021 Fact Form D
- Securities offered: pooled May 10, 2022 Fact Form D
- Securities offered: pooled Oct 15, 2021 Fact Form D
- Office address: May 10, 2022 Fact Form D
- Office address: Oct 15, 2021 Fact Form D
- Year of incorporation: 2021 May 10, 2022 Fact Form D
- Year of incorporation: 2021 Oct 15, 2021 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Precursor Ventures IV, LP is the same institution as 2 records in Allocators and RIA and Wealth.
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.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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Record history
- Fund first reported on ADV2022-07-01source on record
- Form D filed2022-05-10source on record
- Form D filed2021-10-15source 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.