DFX Intelligence
Bcap VII, LP
Fund· Cayman Islands
As of · the latest observation of this vehicle; each figure below carries its own filing date
FundraisingEvergreen or indefinite offeringADV: Venture Capital Fundmanager not yet resolved
As of · the latest observation of this vehicle; each figure below carries its own filing date
3 additional principals, 2 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
- $288Msold at the filing
Latest Form D filed on 31 Mar 2026: $288M sold, 77 investors. A Form D amount is what was sold at the filing, never a final close.
A new or amended Form D means the vehicle is taking money now.
- 1 agentplacement
1 placement agent named on the vehicle's Form D filings.
A placement agent means the vehicle is marketed to outside LPs.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2025basis: 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
- indefinitewhat may be sold, not what was raised; file 021-542403, sworn by the adviser or filed under this vehicle
- Form D sold
- $288Mas of the filing of Mar 31, 2026, 77 investors
- First sale
- Mar 31, 2025
- Reported GAV
- $201Mon the Form ADV filed Jun 18, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 90
- Reported on ADV
- unknown
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.Evergreen or indefinite offering
Form D filed or amended 2026-03-31: offering indefinite, sold $287.5M (fr-1)
evidence dated Mar 31, 2026.
Lifecycle
Fundraising
Lifecycle
Form D within 18 months and the offering is not sold out
first sale: Mar 31, 2025vintage year: 2025adv gav as of: Jun 18, 2026vintage basis: Form d first saleform d sold: $288Mform d offering: n/aform d latest filed at: Mar 31, 2026
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jun 18, 2026 | Venture Capital Fund | $201M | 90 | $1.0M | 2% |
Principals and agents
6 principals on Form D, 1 placement agents
- W. Bradford Stephens Promoter
- P. Bartlett Stephens Promoter
- Spencer Bradford Bogart Promoter
- Goldman Sachs & Co. LLC placement agent
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorDeloitte · SAN FRANCISCO, California, United StatesForm ADV filed Jun 18, 2026 reports.adviserinfo.sec.gov
- AdministratorKRANZ & ASSOCIATES, LLC · SAN FRANCISCO, California, United StatesForm ADV filed Jun 18, 2026 reports.adviserinfo.sec.gov
- CustodianANCHORAGE DIGITAL BANK NATIONAL ASSOCIATION · SIOUX FALLS, South Dakota, United StatesForm ADV filed Jun 18, 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
- Jun 18, 2026Bcap VII, LP first reported on Form ADV by Blockchain Capital, LLC (Venture Capital Fund), GAV $201,024,484Fund first reported on Form ADV Inference Form ADV
- Mar 31, 2026Bcap VII, LP filed Form D/A: $287,540,000 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
- Mar 28, 2025Bcap VII, LP filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Mar 31, 2026 Fact Form D
- Entity type: Limited Partnership Mar 28, 2025 Fact Form D
- Form D fund type: Venture Capital Fund Mar 31, 2026 Fact Form D
- Form D fund type: Venture Capital Fund Mar 28, 2025 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 31, 2026 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 28, 2025 Fact Form D
- Amendment: true Mar 31, 2026 Fact Form D
- Amendment: false Mar 28, 2025 Fact Form D
- Revenue range (Form D): Decline to Disclose Mar 31, 2026 Fact Form D
- Revenue range (Form D): Decline to Disclose Mar 28, 2025 Fact Form D
- Incorporated: withinFiveYears Mar 31, 2026 Fact Form D
- Incorporated: withinFiveYears Mar 28, 2025 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Mar 31, 2026 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Mar 28, 2025 Fact Form D
- Amount sold (Form D): $288M Mar 31, 2026 Fact Form D
- Amount sold (Form D): $0 Mar 28, 2025 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Mar 31, 2026 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Mar 28, 2025 Fact Form D
- First sale: 2025-03-31 Mar 31, 2026 Fact Form D
- Indefinite offering: true Mar 31, 2026 Fact Form D
- Indefinite offering: true Mar 28, 2025 Fact Form D
- Investors (Form D): 77 Mar 31, 2026 Fact Form D
- Investors (Form D): 0 Mar 28, 2025 Fact Form D
- Minimum investment (Form D): 0 Mar 31, 2026 Fact Form D
- Minimum investment (Form D): 0 Mar 28, 2025 Fact Form D
- Securities offered: pooled Mar 31, 2026 Fact Form D
- Securities offered: pooled Mar 28, 2025 Fact Form D
- Office address: Mar 31, 2026 Fact Form D
- Office address: Mar 28, 2025 Fact Form D
- Year of incorporation: 2025 Mar 31, 2026 Fact Form D
- Year of incorporation: 2025 Mar 28, 2025 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Bcap VII, LP 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 ADV2026-06-18source on record
- Form D filed2026-03-31source on record
- Form D filed2025-03-28source 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.