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.
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Funds / L••• R•• C•••••• I•• L•
L••• R•• C•••••• I•• L•
Amounts, each with its basis
- Vintage
- 2022basis: 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
- $25.0Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the adviser itself named on the filing, the general partner the adviser swears for this fund, the filing's signer sitting on the adviser's roster, not sworn by the adviser (confidence 0.85); file 021-451690
- Form D sold
- $9.0Mas of the filing of Jul 13, 2023, 24 investors
- First sale
- Jun 24, 2022
- Reported GAV
- $11.9Mon the Form ADV filed May 15, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 31
- Reported on ADV
- Jul 1, 2022 to May 15, 2024
Fundraising evidence
Unknown
latest Form D 2023-07-13, older than 15 months (fr-1)
evidence dated Jul 13, 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: 4first sale: 2022-06-24vintage year: $2,022adv gav as of: 2024-05-15vintage basis: form_d_first_saleform d sold usd: $9.0Mform d offering usd: $25.0Mform d latest filed at: 2023-07-13
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jul 1, 2022 | Venture Capital Fund | $0 | 0 | $500,000 | 0% | yes | |
| Mar 28, 2023 | Venture Capital Fund | $9.7M | 26 | $500,000 | 10% | yes | |
| Jun 16, 2023 | Venture Capital Fund | $9.6M | 26 | $500,000 | 10% | yes | |
| Mar 25, 2024 | Venture Capital Fund | $10.3M | 31 | $500,000 | 10% | yes | |
| May 15, 2024 | Venture Capital Fund | $11.9M | 31 | $500,000 | 10% | yes |
Principals and agents
4 principals on Form D, 0 placement agents
- W••••• P••••• Executive Officer
- D••••• M•••• Executive Officer
- L••• R•• C•••••• G•• L•• Executive Officer
- • L••• R•• C•••••• M••••••••• L•• Executive Officer
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
- Jul 13, 2023L••• R•• C•••••• I•• L• filed Form D/A: $8,960,000 sold of $25,000,000, Other Investment FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Jul 8, 2022L••• R•• C•••••• I•• L• filed Form D: $7,550,000 sold of $25,000,000, Other Investment FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Jul 1, 2022L••• R•• C•••••• I•• L• first reported on Form ADV by L••• R•• C•••••• M••••••••• L•• (Venture Capital Fund)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)
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Other Investment Fund Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Other Investment Fund Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $9.0M Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $7.5M Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $25.0M Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $25.0M Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06c, 3C, 3C.1 Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06c, 3C, 3C.1 Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2022-06-24 Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2022-06-24 Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 24 Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 17 Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering other type: Limited Partnership Interests Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Offering other type: Limited Partnership Interests Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 4546 EL CAMINO REAL, B10 #711, LOS ALTOS, CA, 94022 Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2080 Marich Way, #20, MOUNTAIN VIEW, CA, 94040 Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2021 Jul 13, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2021 Jul 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)